The Automotive Aftermarket is anticipated to grow at an annual rate of 3.6% through 2020 which is equivalent to a total of $316.4 billion according to the Automotive Aftermarket Suppliers Association. Globally, the aftermarket industry is expected to reach $722.8 billion by 2020. Consumers today recognize the importance of preventive maintenance and scheduled servicing maximizing the lifetime value of their vehicle. The average ownership for new and used vehicles has increased by 60% in the last ten years.
All of these factors create endless opportunities for aftermarket part distributors as growth in this industry is only expected to continue. It’s the perfect time to invest in a part distribution franchise like 1-800 Radiator & A/C.
We can provide you with everything you will need to begin the process!
