Research Suggests China Auto aftermarket will Surpass the United States in 2017

An influential research institute said China auto aftermarket will surpass the United States in 2017, and become the world’s biggest market.

According to an industry research report, the average growth of auto parts sales worldwide increases 28.25% every year, higher than the car sales, which is 26%. 

The increasing number of registered cars is only part of the reason, the main cause is that consumers are become more and more mature, Zero Research institute said in a report.

Their requirements on auto parts and car care products are improving, and hope for cost-effective professional service. 

Statistics also inicted that the chain enterprises of auto services accounted for 80% of the whole auto aftermarket and 4s shop service system accounted for only 20%.