Product Code: ETC313470 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Vietnam automotive aftermarket market represents a significant segment of the country`s automotive industry. This market encompasses a wide range of products and services, including spare parts, accessories, maintenance, and repair services. As the number of vehicles on Vietnam roads continues to rise, so does the demand for aftermarket products and services. Consumers are increasingly looking for high-quality and cost-effective solutions to maintain and upgrade their vehicles, making the automotive aftermarket an integral part of the automotive sector.
The Vietnam automotive aftermarket market is thriving due to the increasing vehicle ownership and a growing middle-class population. As the country`s roads and infrastructure continue to improve, the demand for automotive parts and services has surged. Consumers are looking for quality replacement parts, accessories, and maintenance services, contributing to the aftermarket`s growth.
The Vietnam automotive aftermarket market has encountered challenges related to counterfeit parts and a lack of regulatory oversight. The presence of counterfeit automotive components poses safety risks and can undermine consumer trust. Moreover, the absence of strict quality control standards and regulations has made it difficult for consumers to distinguish between genuine and fake parts, impacting the overall quality of aftermarket services.
The Vietnam automotive aftermarket market was significantly impacted by the COVID-19 pandemic. The automotive industry faced production shutdowns, reduced consumer spending, and supply chain disruptions. This had a ripple effect on the aftermarket, as vehicle maintenance and repair services saw decreased demand. Auto parts suppliers and service providers had to adapt by diversifying their offerings or exploring online sales channels. The recovery in this market was closely tied to the recovery of the automotive sector as a whole and the restoration of consumer confidence in vehicle-related services.
The Vietnam automotive aftermarket market features several key players, including VinFast, Thaco, and Toyota Vietnam. These companies are actively involved in manufacturing and distributing automotive parts, accessories, and maintenance services, serving the needs of vehicle owners and repair shops across the country.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Automotive Aftermarket Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Automotive Aftermarket Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Automotive Aftermarket Market - Industry Life Cycle |
3.4 Vietnam Automotive Aftermarket Market - Porter's Five Forces |
3.5 Vietnam Automotive Aftermarket Market Revenues & Volume Share, By Replacement Parts, 2021 & 2031F |
3.6 Vietnam Automotive Aftermarket Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Vietnam Automotive Aftermarket Market Revenues & Volume Share, By Service Channel, 2021 & 2031F |
3.8 Vietnam Automotive Aftermarket Market Revenues & Volume Share, By Certification, 2021 & 2031F |
4 Vietnam Automotive Aftermarket Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing vehicle parc in Vietnam |
4.2.2 Growing average vehicle age leading to higher aftermarket demand |
4.2.3 Rise in disposable income driving consumer spending on vehicle maintenance and customization |
4.3 Market Restraints |
4.3.1 Lack of standardized regulations for aftermarket products and services |
4.3.2 Presence of counterfeit automotive parts impacting quality and trust in the market |
5 Vietnam Automotive Aftermarket Market Trends |
6 Vietnam Automotive Aftermarket Market, By Types |
6.1 Vietnam Automotive Aftermarket Market, By Replacement Parts |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Automotive Aftermarket Market Revenues & Volume, By Replacement Parts, 2021-2031F |
6.1.3 Vietnam Automotive Aftermarket Market Revenues & Volume, By Tire, 2021-2031F |
6.1.4 Vietnam Automotive Aftermarket Market Revenues & Volume, By Battery, 2021-2031F |
6.1.5 Vietnam Automotive Aftermarket Market Revenues & Volume, By Brake Parts, 2021-2031F |
6.1.6 Vietnam Automotive Aftermarket Market Revenues & Volume, By Filters, 2021-2031F |
6.1.7 Vietnam Automotive Aftermarket Market Revenues & Volume, By Body parts, 2021-2031F |
6.1.8 Vietnam Automotive Aftermarket Market Revenues & Volume, By Lighting & Electronic Components, 2021-2031F |
6.1.9 Vietnam Automotive Aftermarket Market Revenues & Volume, By Exhaust components, 2021-2031F |
6.1.10 Vietnam Automotive Aftermarket Market Revenues & Volume, By Exhaust components, 2021-2031F |
6.2 Vietnam Automotive Aftermarket Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Automotive Aftermarket Market Revenues & Volume, By Retailers, 2021-2031F |
6.2.3 Vietnam Automotive Aftermarket Market Revenues & Volume, By Wholesalers & Distributors, 2021-2031F |
6.3 Vietnam Automotive Aftermarket Market, By Service Channel |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Automotive Aftermarket Market Revenues & Volume, By DIY (Do it Yourself), 2021-2031F |
6.3.3 Vietnam Automotive Aftermarket Market Revenues & Volume, By DIFM (Do it for Me), 2021-2031F |
6.3.4 Vietnam Automotive Aftermarket Market Revenues & Volume, By OE (Delegating to OEM??s), 2021-2031F |
6.4 Vietnam Automotive Aftermarket Market, By Certification |
6.4.1 Overview and Analysis |
6.4.2 Vietnam Automotive Aftermarket Market Revenues & Volume, By Genuine Parts, 2021-2031F |
6.4.3 Vietnam Automotive Aftermarket Market Revenues & Volume, By Certified Parts, 2021-2031F |
6.4.4 Vietnam Automotive Aftermarket Market Revenues & Volume, By Uncertified Parts, 2021-2031F |
7 Vietnam Automotive Aftermarket Market Import-Export Trade Statistics |
7.1 Vietnam Automotive Aftermarket Market Export to Major Countries |
7.2 Vietnam Automotive Aftermarket Market Imports from Major Countries |
8 Vietnam Automotive Aftermarket Market Key Performance Indicators |
8.1 Average revenue per vehicle serviced |
8.2 Customer satisfaction index for aftermarket services |
8.3 Adoption rate of advanced aftermarket technologies |
8.4 Average frequency of vehicle maintenance services |
8.5 Number of authorized aftermarket service centers in Vietnam |
9 Vietnam Automotive Aftermarket Market - Opportunity Assessment |
9.1 Vietnam Automotive Aftermarket Market Opportunity Assessment, By Replacement Parts, 2021 & 2031F |
9.2 Vietnam Automotive Aftermarket Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Vietnam Automotive Aftermarket Market Opportunity Assessment, By Service Channel, 2021 & 2031F |
9.4 Vietnam Automotive Aftermarket Market Opportunity Assessment, By Certification, 2021 & 2031F |
10 Vietnam Automotive Aftermarket Market - Competitive Landscape |
10.1 Vietnam Automotive Aftermarket Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Automotive Aftermarket Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |