Canada Automotive Aftermarket Parts, Accessories, and Service Equipment

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The Automotive Aftermarket sector is the largest retail sector in Canada ahead of clothing, food, furniture, and pharmaceuticals. The automotive aftermarket encompasses production, re-manufacturing, distribution and retailing of replacement parts, tools, equipment, accessories, chemicals and services used to repair and replace automotive parts and components after their initial production. Using the NAICS codes, Statistics Canada estimates the retail value of the automotive aftermarket at C$23.1 billion (US$18.5 billion) in 2004. The Automotive Aftermarket market will experience an average annual real growth rate of 3-4 percent forecast for 2004 onward through 2007.

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