Motor Vehicle New Parts Wholesaling in Australia - Industry Market Research Report

Motor Vehicle New Parts Wholesaling in Australia

Motor vehicle new parts wholesalers have struggled since local passenger vehicle manufacturing ended in 2017-18, which is why demand from motor vehicle manufacturers has plummeted. Volatile consumer sentiment and periods of weak growth in disposable income have constrained demand from the aftermarket, despite a rise in the number of registered motor vehicles. Deteriorating economic conditions caused by the COVID-19 pandemic also diminished demand for vehicle parts and accessories, with industry revenue falling by 1.6% in 2022-23, to $9.1 billion, and profit sinking to 4.8% of industry revenue.

Industry operators wholesale new motor vehicle and motorcycle parts and accessories. These parts include batteries, car audio systems and motor vehicle and motorcycle tyres.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.