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You are here: Home / News / U.S. Automotive Aftermarket Sales Reach $297 Billion in 2018

U.S. Automotive Aftermarket Sales Reach $297 Billion in 2018

June 26, 2019 By CollisionWeek Editor

The U.S. automotive aftermarket reached total sales of $297 billion in 2018, exceeding the projected growth rate by nearly $1 billion, according to the 2019 Joint Channel Forecast Model produced by the Automotive Aftermarket Suppliers Association (AASA) and the Auto Care Association.

Auto Care AssociationThe 2019 Joint Channel Forecast Model predicts that the total aftermarket sales will grow from $297 billion in 2018 to $338 billion through 2022, a 3.3 percent compound annual growth rate (CAGR) from 2018.

 “In our report last year, we anticipated that the market would increase during 2018. But as this report shows, strong economic growth in our

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Filed Under: News Tagged With: Auto Care Association, Automotive Aftermarket Suppliers Association, Non-OEM Parts

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