The automotive aftermarket space in China encompasses replacement parts, accessories, and distribution channels supporting vehicle maintenance and repair after initial sale. China has the world’s largest vehicle parc, with vehicles in operation exceeding 340 million units in 2024, creating a deep and resilient demand base for aftermarket products.

Growth in China’s automotive aftermarket is increasingly decoupled from new vehicle sales and instead driven by vehicle aging, used vehicle industry expansion, and EV penetration. Policy reforms supporting vehicle trade-ins, cross-provincial used vehicle transactions, and aftermarket standardization are improving industry transparency and efficiency.

The Chinese automotive aftermarket industry is shifting from a fragmented, price-driven ecosystem to a more organized, platform-led structure. Service aggregators and franchised repair networks are improving service consistency, pricing transparency, and customer trust, while OEMs increasingly collaborate with independent channels for EV servicing.

• How will the rapid expansion of vehicles in operation and the accelerating adoption of EVs reshape the future of the Chinese automotive aftermarket landscape?
• In what ways are online-to-offline service platforms, eCommerce marketplaces, and service aggregators improving price transparency, customer access, and operational efficiency while paving the way for growth?
• What growth prospects are emerging due to supportive government policies promoting used vehicle circulation, trade-in programs, and aftermarket standardization?