In 2023, the number of enterprises in the sale of motor vehicle parts and accessories sector in Germany stood at approximately 19.3 thousand. The forecasted values from 2024 to 2028 show a positive trend with a steady increase each year. From 2024 to 2025, the number of enterprises is expected to increase by approximately 1.93%. Similar year-on-year increases continue, showing a consistent growth trajectory. The compound annual growth rate (CAGR) over the five-year forecast period is anticipated to be around 1.85%.
Future trends to watch for include the impact of technological advancements in automotive parts, shifts towards digital marketplaces, and the growing focus on sustainability, which may lead to an increased demand for electric vehicle parts and accessories.
