UAE Car Accessories Market Introduction and Overview
According to SPER Market Research, the UAE Car Accessories Market is estimated to reach USD XX million by 2033 with a CAGR of XX%.
The report includes an in-depth analysis of the UAE Car Accessories Market, including market size and trends, product mix, distribution channels, and supplier analysis. Devices that a customer can install in his car to improve comfort, security, convenience, and safety are known as car accessories. Since automotive accessories are updated frequently and offer unique functionality, most people are interested in them. Modern car accessories improve the comfort and look of the car. Long-distance travel is made more enjoyable by interior electronics like sound systems, LCDs, MP3 players, and microphones. The most common type of car accessories are seat coverings. This complements the car's outfit, which comes in a range of designs and hues.
Market Opportunities and Challenges
Opportunities: Consumers invest in the purchase of passenger cars due to factors such as rapid urbanization, improved lifestyles, and high per capita income. The rising trend of private vehicle ownership is anticipated to have an impact on passenger car sales. As an extra option, customers add car accessories to enhance the mobility, security, comfort, and protection of their vehicles. In addition to enhancing a car's aesthetic appeal, accessories give drivers more confidence to operate their vehicles skillfully. The strong sales of passenger cars are driving up demand for auto accessories. The UAE car accessory market is anticipated to see profitable growth prospects over the next five years due to the expanding automotive industry. Furthermore, Customers are drawn to car accessories because of the constant evolution of technology and technological innovations. Advanced car accessories give passengers a sophisticated appearance, comfort, and convenience while driving. There is a wide range of car accessories available on the market, some of which are of poor quality. To increase sales, car accessory manufacturers are improving the quality of materials used in the manufacturing process.
Challenges: The UAE car accessories market faces a number of challenges that have an impact on its operation and growth. One major issue is the economy's reliance on oil. The UAE is heavily reliant on oil exports, and fluctuations in oil prices can have an impact on people's purchasing power, limiting their ability to purchase car accessories. Furthermore, the UAE's diverse cultural and expatriate population makes it difficult for marketers to understand and cater to different preferences. Strict regulations governing car modifications and accessories add to the difficulties, as certain modifications may be prohibited for safety or environmental reasons. Furthermore, the high temperatures in the area can have an impact on the performance and durability of some car accessories.
Market Competitive Landscape
The UAE Car Accessories Market is highly consolidated. Some of the market key players are
Al Mushrif Auto Accessories, Al Taif Car Accessories, Bab AI Satwa Car Accessories, Car Care Auto Accessories, Car Mart Delta Plus, Directed Auto, Fawaz Al-Khateeb, Galadari Automobiles Co Ltd LLC, Top Star Trading LLC, Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Location, By Vehicle Type, By Demand Category, By Sales Channel
|
| Regions covered | Dubai, Abu Dhabi, Sharjah, Rest of UAE
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| Companies Covered | Al Mushrif Auto Accessories, Al Taif Car Accessories, Bab AI Satwa Car Accessories, Car Care Auto Accessories, Car Mart Delta Plus, Directed Auto, Fawaz Al-Khateeb, Galadari Automobiles Co Ltd LLC, Top Star Trading LLC, Others
|
COVID-19 Impact on UAE Auto Parts and Accessories Market
The coronavirus pandemic caused a more than 20% drop in vehicle production in 2020 compared to 2019, hampered the market in 2020. However, demand for passenger cars and pickup trucks is expected to rise during the forecast period. Furthermore, rising e-commerce preference during the COVID-19 pandemic is expected to boost the automotive aftermarket, driving the car accessories market during the forecast period.
Key Target Audience:
- Automobile Enthusiasts
- Car Owners
- DIY (Do-It-Yourself) Enthusiasts
- Commercial Vehicle Owners
- Charging Infrastructure Providers
- Professional Drivers
- Outdoor and Adventure Enthusiasts
Our in-depth analysis of the UAE Car Accessories Market includes the following segments:
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By Location: |
Interior
Exterior Accessories
|
|
By Vehicle Type: |
Hatchback
Sedan
SUV/MPV
|
|
By Demand Category: |
OEM
Replacement
|
|
By Sales Channel: |
Online
Offline
|
Key Topics Covered in the Report:
- UAE Car Accessories Market Size (FY’2023-FY’2033)
- Overview of UAE Car Accessories Market
- Segmentation of UAE Car Accessories Market By Location (Interior, Exterior Accessories)
- Segmentation of UAE Auto Parts and Accessories Market By Vehicle Type (Hatchback, Sedan, SUV/MPV)
- Segmentation of UAE Car Accessories Market By Demand Category (OEM, Replacement)
- Segmentation of UAE Auto Parts and Accessories Market By Sales Channel (Online, Offline)
- Expansion Analysis of UAE Auto Parts and Accessories Market
- Problems and Obstacles in UAE Car Accessories Market
- Competitive Landscape in the UAE Car Accessories Market
- Impact of COVID-19 and Demonetization on UAE Auto Parts and Accessories Market
- Details on Current Investment in UAE Car Accessories Market
- Competitive Analysis of UAE Car Accessories Market
- Prominent Players in the UAE Auto Parts and Accessories Market
- SWOT Analysis of UAE Car Accessories Market
- UAE Car Accessories Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the UAE Car Accessories Market
5. Market variable and outlook5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape6.1. UAE Car Accessories Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in UAE Car Accessories Market
7. UAE Car Accessories Market, By Location (USD Million)7.1. UAE Car Accessories Market Value Share and Forecast, By Location, 2023-2033
7.2. Interior7.3. Exterior Accessories
8. UAE Car Accessories Market, By Vehicle Type (USD Million)8.1. UAE Car Accessories Market Value Share and Forecast, By Vehicle Type, 2023-2033
8.2. Hatchback8.3. Sedan
8.4. SUV/MPV
9. UAE Car Accessories Market, By Demand Category (USD Million)
9.1. UAE Car Accessories Market Value Share and Forecast, By Demand Category, 2023-2033
9.2. OEM
9.3. Replacement
10. UAE Car Accessories Market, By Sales Channel (USD Million)10.1. UAE Car Accessories Market Value Share and Forecast, By Sales Channel, 2023-2033
10.2. Online
10.3. Offline
11. UAE Car Accessories Market Forecast, 2019-2033 (USD Million)11.1. UAE Car Accessories Market Size and Market Share
12. UAE Car Accessories Market, By Location, 2019-2033 (USD Million)12.1. UAE Car Accessories Market Size and Market Share By Location (2019-2026)
12.2. UAE Car Accessories Market Size and Market Share By Location (2027-2033)
13. UAE Car Accessories Market, By Vehicle Type, 2019-2033 (USD Million)13.1. UAE Car Accessories Market Size and Market Share By Vehicle Type (2019-2026)
13.2. UAE Car Accessories Market Size and Market Share By Vehicle Type (2027-2033)
14. UAE Car Accessories Market, By Demand Category, 2019-2033 (USD Million)14.1. UAE Car Accessories Market Size and Market Share By Demand Category (2019-2026)
14.2. UAE Car Accessories Market Size and Market Share By Demand Category (2027-2033)
15. UAE Car Accessories Market, By Sales Channel, 2019-2033 (USD Million)15.1. UAE Car Accessories Market Size and Market Share By Sales Channel (2019-2026)
15.2. UAE Car Accessories Market Size and Market Share By Sales Channel (2027-2033)
16. UAE Car Accessories Market, By Region, 2019-2033 (USD Million)16.1. UAE Car Accessories Market Size and Market Share By Region (2019-2026)
16.2. UAE Car Accessories Market Size and Market Share By Region (2027-2033)
16.3. Dubai
16.4. Abu Dhabi
16.5. Sharjah
16.6. Rest of UAE
17. Company Profile17.1. Al Mushrif Auto Accessories
17.1.1. Company details
17.1.2. Financial outlook
17.1.3. Product summary
17.1.4. Recent developments
17.2. Al Taif Car Accessories
17.2.1. Company details
17.2.2. Financial outlook
17.2.3. Product summary
17.2.4. Recent developments
17.3. Bab AI Satwa Car Accessories
17.3.1. Company details
17.3.2. Financial outlook
17.3.3. Product summary
17.3.4. Recent developments
17.4. Car Care Auto Accessories
17.4.1. Company details
17.4.2. Financial outlook
17.4.3. Product summary
17.4.4. Recent developments
17.5. Car Mart Delta Plus
17.5.1. Company details
17.5.2. Financial outlook
17.5.3. Product summary
17.5.4. Recent developments
17.6. Directed Auto
17.6.1. Company details
17.6.2. Financial outlook
17.6.3. Product summary
17.6.4. Recent developments
17.7. Fawaz Al-Khateeb
17.7.1. Company details
17.7.2. Financial outlook
17.7.3. Product summary
17.7.4. Recent developments
17.8. Galadari Automobiles Co Ltd LLC
17.8.1. Company details
17.8.2. Financial outlook
17.8.3. Product summary
17.8.4. Recent developments
17.9. Top Star Trading LLC
17.9.1. Company details
17.9.2. Financial outlook
17.9.3. Product summary
17.9.4. Recent developments
17.10. Others
18. Reference Links
19. Conclusion
20. Research Scope