8
Auto Care Industry
Auto care market size and growth
The U.S. motor vehicle aftermarket, consisting of light vehicles, medium and heavy duty trucks, will also be
referred to in this report as the auto care industry. This $379 billion industry in 2017 is expected to grow at a
compounded annual growth rate of 3.4 percent per year and reach $433.3 billion in 2021. It is expected this
growth will be fueled by a gradually
increasing number of miles driven,
the increasing average age of
vehicles and more specifically the
growth of vehicle population in
the 11 year and older category.
Motorists recognize that vehicles
are engineered to last longer and
are therefore demonstrating a
willingness to take advantage of
the favorable economies of vehicle
maintenance and repair vs. the
cost of purchasing new vehicles.
Size of the U.S. Motor Vehicle Auto Care Industry
(Billions of Consumer Dollars)
Year Automotive
Medium and
Heavy Duty
Total
Aftermarket
Automotive
YOY Percent Change
Total Market
YOY Percent Change
2007 (Census)$207.9$68.8$276.7
2012 (Census)$238.3$78.9$317.2
CAGR ('07-12)2.8%2.8%2.8%
2012 (Census)$238.3$78.9$317.2
2013# $245.9 $81.6 $327.5 3.2% 3.2%
2014# $255.0 $84.4 $339.4 3.7% 3.6%
2015# $265.8 $87. 2 $353.0 4.2% 4.0%
2016# $277.1 $90.2 $367.3 4.3% 4.0%
2017# $285.8 $93.3 $379.1 3.1% 3.2%
2018* $296.0 $96.4 $392.4 3.6% 3.5%
2019* $306.2 $99.7 $405.9 3.4% 3.4%
2020* $316.6 $103.1 $419.7 3.4% 3.4%
2021* $326.7 $106.6 $433.3 3.2% 3.2%
CAGR ('17-21)3.4%3.4%3.4%
Notes: # Estimate * Forecast Historical data have been revised. Figures do not include warranty work.
Source: Auto Care Association / AASA Channel Forecast Model 0%
1%
2%
3%
4%
5%
Notes: # Estimate * Forecast
Historical data have been revised. Figures do not include warranty work.
Source: Auto Care Association / AASA Channel Forecast Model
2012
(Census)
(CAGR 07-12)
Year over Year Growth of the U.S. Automotive Aftermarket
(Percent Change from Previous Year)
2013# 2014# 2015# 2016# 2017# 2018* 2019* 2020* 2021*
2.8%
3.2%
3.7%
4.2% 4.3%
3.1%
3.6%
3.4% 3.4%
3.2%
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