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Automotive aftermarket: a new 'blue ocean' of growth

08.07.2026 11:05 1 min 1 source РУС
auto.sina.cn ZHO
Automotive aftermarket: a new 'blue ocean' of growth

The global automotive aftermarket has surpassed $1 trillion, with the Asia-Pacific region expected to become the largest regional market this year. In China, vehicles older than seven years now account for over 50% of the fleet, driving demand for maintenance, upgrades, and replacement. China's Ministry of Commerce has issued a notice on measures to develop the aftermarket, including standardizing modifications and supporting RV camping.

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