Trade Resources Industry Views Southwest Will Meet automotive supplies Growth Peak in Future

Southwest Will Meet automotive supplies Growth Peak in Future

Automotive supplies market in china will continue to maintain a growth rate of about 30% in 2013, the total sales of national automotive supplies is expected to reach 660 billion yuan. Among them the East, South and Northeast regions will still be the central area of China's automotive supplies, while the southwest region in the next 3-5 years will usher in a growth peak by the regional economic development.

From the analysis of the market performance of the different types of automotive supplies, automotive electronics products are not the consumables, If there has no new products appearing to change the industry, the whole industry in 2013 will enter a relative steady period, to maintain a growth rate of 10% -20%.

In addition, the demand for solar film products slow down, which is expected to maintain a market share of 6% -8% in 2013; in maintenance areas, benefiting from the awareness of consumers, will maintain a growth rate of about 30% in 2013; the decorative products will slightly increase, which is expected to grow 15% -25%; while the modified products which benefit from the pursuit of professional service and high quality products of the car owners, has a good market prospects for 2013 in the first-tier cities and is expected to has a growth speed of 30% -50%.

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Topics: Auto Parts