In the Brazilian market, the value-added figures for wholesale, retail, and motor vehicles and motorcycles repair are projected to increase from 117.63 billion reais in 2024 to 130.05 billion reais by 2028. This represents a year-on-year growth of approximately 2.7% from 2024 to 2025, 2.6% from 2025 to 2026, 2.5% from 2026 to 2027, and 2.4% from 2027 to 2028. The compound annual growth rate (CAGR) over the forecasted five-year period is about 2.5%.
Future trends to watch for include:
- Economic policies affecting automotive industries
- Rising demand for automotive repairs and services
- Technological advancements in vehicle manufacturing and repair
- Shifting consumer preferences toward eco-friendly vehicles
