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ASEAN Automotive Aftermarket Projected to Reach $63.9 Billion by 2035 - Laos Post

Published 13 hours ago1 minute read

The ASEAN automotive aftermarket is projected to grow from $28.8 billion in 2025 to $63.9 billion by 2035, reflecting a compound annual growth rate of 8.3%.

This robust growth is primarily driven by the expanding automotive industry across Southeast Asia, increasing vehicle ownership, and rising consumer demand for organized maintenance services.

The market encompasses a wide range of components, including engine parts, batteries, tires, and accessories, catering to both passenger and commercial vehicles.

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