Trading Of Automobile Spare Parts Companies in Malaysia

The automotive spare parts market in Malaysia is one of the most vibrant and lucrative industries in the country. The Malaysian automotive spare parts market is worth an estimated RM2 billion and is growing at a rate of 10% per annum.

The automotive spare parts market is highly competitive with a large number of local and foreign players. The top 10 companies in the automotive spare parts market in Malaysia are expected to generate a combined revenue of RM1.6 billion in 2016.

The automotive spare parts market is highly fragmented with a large number of small and medium enterprises (SMEs). The top 10 companies in the automotive spare parts market in Malaysia are expected to account for only 30% of the total market.

The automotive spare parts market in Malaysia is expected to continue to grow at a healthy pace in the coming years. The growth of the automotive industry, increasing vehicle ownership, and the growing demand for aftermarket parts are some of the key factors driving the growth of the automotive spare parts market in Malaysia.