The car accessories market in India is still at a nascent stage of growth and offers substantial potential for future development. Interior and exterior car accessories comprise the two major market categories, with interior accessories being the far more popular segment. The growing youth populatio... View more
The car accessories market in India is still at a nascent stage of growth and offers substantial potential for future development. Interior and exterior car accessories comprise the two major market categories, with interior accessories being the far more popular segment. The growing youth population of the country, along with the rise in disposable income among the people, has provided a boost to the car accessories market in India. However, the market is largely dominated by the unorganised sector which, in turn, leads to availability of sub-standard and unbranded products.
Car accessories pertaining to audio and infotainment comprise a major share of the market, and use of sophisticated, high-tech equipment is increasingly being seen as a reflection of the car owner’s personality. On the whole, increased car sales within the country have also ensured the presence of foreign car accessory manufacturers in the market. This has led to a slow but steadily growing market for branded accessories in India. Hide this
In India, car accessories is a new concept which has gained popularity in recent times with growing usage of high end cars. The market can be divided into interior and exterior car accessories. In the Indian market, interior car accessories are more ....
High growth in the automobile sector coupled with rise in replacement demand is providing impetus to the tyre market in India.
The report provides a snapshot of the tyre market. The report begins with a brief overview about the global tyre market ....
Netscribes latest market research report titled Tire Industry in India 2014 captures the overall domestic tire market. The tire industry comprises pneumatic, semi pneumatic, retreads, solid and cushion tyres. Globally, the industry is expected to gro....
India is one of the biggest in-car entertainment markets in Asia-Pacific region. Over the years, Indias automobile sector has witnessed tremendous growth; however, during 2012-14, market registered sluggish demand, which affected the sales of passeng....
