Forecasted light vehicle aftermarket revenue growth post COVID-19 GCC 2019-2025

Published by Salma Saleh, Sep 5, 2022
In 2021, the year-on-year growth of the aftermarket revenue of light vehicles in the Gulf Cooperation Council (GCC) region post the COVID-19 pandemic was approximately four percent, with Bahrain leading the region. The cumulative annual growth rate (CAGR) of the industry in the region was expected to grow between 2021 and 2025 due to the development of the non-oil sectors in the region and the upcoming global events in the GCC such as the FIFA World Cup held in Qatar in 2022, Expo Dubai in 2021, and Saudi Vision 2030.

Forecasted annual revenue growth of light vehicle aftermarket post COVID-19 outbreak in the Gulf Cooperation Council region in 2021 with forecasts to 2025, by country*

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Release date

November 2021

Region

MENA

Survey time period

2021

Supplementary notes

*Refers to the retail market value of parts only.

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Global overview

3

Production

5

Sales

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Brand focus

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Aftermarkt & parts in GCC

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