Two-Wheeler Aftermarket Market in APAC Projected to Grow at 8.4% CAGR, Reaching US$ 24.7 Bn by 2032 | Persistence Market Research

The APAC two-wheeler aftermarket components & consumables market is experiencing significant growth due to the rapid rise in two-wheeler ownership and the increasing adoption of electric two-wheelers across the region. In 2025, the market is expected to be valued at approximately US$ 14.1 billion, and by 2032, it is projected to reach around US$ 24.7 billion, reflecting a robust CAGR of 8.4% during the forecast period 2025-2032. This growth is primarily driven by the expanding consumer preference for vehicle personalization, regular maintenance, and rising awareness about performance-enhancing aftermarket products.

Two-wheelers remain a critical mode of transportation in APAC countries, particularly in emerging economies like India, Indonesia, and Vietnam. The market's growth is further propelled by increasing disposable income, urbanization, and a surge in demand for premium and replacement components. Among segments, consumables such as lubricants, tires, and batteries have witnessed substantial adoption due to their recurring replacement cycles. Geographically, India dominates the market owing to its massive two-wheeler population and a thriving network of automotive aftermarket service providers. This dominance is complemented by growth in Southeast Asia, driven by rising electric two-wheeler penetration and government incentives for sustainable mobility solutions.

Get a Sample Copy of Research Report (Use Corporate Mail id for Quick Response): https://www.persistencemarketresearch.com/samples/35619

Key Highlights from the Report

➤ APAC two-wheeler aftermarket components & consumables market is projected to reach US$ 24.7 billion by 2032.
➤ The market is expected to grow at a CAGR of 8.4% between 2025 and 2032.
➤ Increasing two-wheeler ownership is a major factor driving aftermarket demand.
➤ Adoption of electric two-wheelers is creating new opportunities in the aftermarket segment.
➤ Vehicle personalization trends are boosting sales of high-performance components.
➤ India is the leading market in APAC due to a high volume of two-wheeler registrations and aftermarket infrastructure.

Market Segmentation

The APAC two-wheeler aftermarket components & consumables market can be segmented based on product type, including components such as brakes, tires, batteries, and consumables like lubricants, filters, and fluids. Among these, consumables have shown higher recurring demand due to regular maintenance needs, while components such as tires and brakes are increasingly being upgraded by consumers seeking enhanced performance and safety. Additionally, the growing adoption of electric two-wheelers is creating a new sub-segment for battery replacements and related consumables, opening avenues for specialized aftermarket suppliers.

Segmentation by end-user reveals that individual consumers constitute the largest share, primarily due to personal ownership of motorcycles and scooters. Fleet operators and commercial two-wheeler users, such as delivery services, also contribute significantly to market growth, as they require frequent replacement of consumables to ensure uninterrupted operations. Moreover, urban centers are witnessing higher aftermarket adoption due to increased vehicle density and a strong culture of customization, while rural regions are steadily contributing through the replacement of essential components in two-wheelers used for daily commuting and transport of goods.

Regional Insights

India is the largest contributor to the APAC two-wheeler aftermarket components & consumables market, driven by its extensive two-wheeler fleet and established aftermarket distribution networks. The country benefits from a growing middle class, widespread motorcycle usage in both urban and rural areas, and increasing awareness about the benefits of regular vehicle maintenance. The presence of numerous domestic and international aftermarket brands further strengthens India's market position.

Southeast Asia, including countries such as Indonesia, Vietnam, and Thailand, is emerging as a high-growth region due to rising disposable incomes, urbanization, and government initiatives promoting electric mobility. The demand for high-quality aftermarket components and consumables in these markets is increasing, supported by the proliferation of two-wheeler repair shops and e-commerce platforms facilitating easier access to replacement parts.

Do You Have Any Query Or Specific Requirement? Request Customization of Report: https://www.persistencemarketresearch.com/request-customization/35619

Market Drivers

The APAC two-wheeler aftermarket components & consumables market is primarily driven by the rise in two-wheeler ownership across emerging economies. With increasing urban traffic congestion, motorcycles and scooters are the preferred choice for cost-effective and convenient transportation. Moreover, the growing adoption of electric two-wheelers has fueled demand for specialized consumables, such as batteries, chargers, and lubricants tailored for electric mobility. Rising consumer interest in vehicle personalization, including performance upgrades, styling accessories, and protective components, further fuels market growth. Increasing awareness about preventive maintenance and vehicle longevity ensures sustained aftermarket consumption.

Market Restraints

Despite the robust growth, the market faces certain challenges, including fluctuating raw material prices, which impact component manufacturing costs. Additionally, the availability of counterfeit or low-quality components in the APAC region can negatively affect consumer trust and reduce overall spending on aftermarket products. Regulatory challenges in certain countries, including stringent emission standards and safety requirements, may also pose barriers for certain aftermarket products. Moreover, economic uncertainties and slower adoption of premium components in price-sensitive segments could restrain market expansion to some extent.

Market Opportunities

The APAC market offers significant growth opportunities in the electric two-wheeler segment, particularly in battery replacement, charging infrastructure, and related consumables. Expanding e-commerce platforms provide easier access to aftermarket components, driving penetration in remote and semi-urban regions. Furthermore, the rising trend of vehicle customization and demand for performance-enhancing components presents lucrative opportunities for aftermarket manufacturers. Collaborations with OEMs for certified replacement parts and digital platforms offering predictive maintenance services are emerging as key growth strategies. Increasing government incentives for sustainable mobility also create opportunities for electric two-wheeler consumables and green aftermarket solutions.

Explore a wide range of in-depth market insights and detailed reports available on our website for further information and analysis: https://www.persistencemarketresearch.com/market-research/apac-2-wheeler-aftermarket-components-consumables.asp

Frequently Asked Questions (FAQs)

➤ How big is the APAC two-wheeler aftermarket components & consumables market?
➤ Who are the key players in the APAC two-wheeler aftermarket components & consumables market?
➤ What is the projected growth rate of the market during 2025-2032?
➤ What is the market forecast for 2032 in APAC?
➤ Which region is estimated to dominate the industry through the forecast period?

Company Insights

Key players operating in the APAC two-wheeler aftermarket components & consumables market include

• Hero MotoCorp Ltd.
• Yamaha Motor Co., Ltd.
• Honda Motor Co., Ltd.
• Bajaj Auto Ltd.
• Suzuki Motor Corporation
• TVS Motor Company Ltd.
• Ducati Motor Holding S.p.A.
• BMW Motorrad
• KTM AG
• Harley-Davidson, Inc.
• Continental AG
• ZF Friedrichshafen AG
• DENSO Corporation
• Robert Bosch GmbH
• Aisin Seiki Co., Ltd.

Recent Developments:

• Several manufacturers have introduced high-performance electric two-wheeler batteries tailored for urban commuting.
• Leading aftermarket component suppliers are expanding e-commerce distribution channels to enhance product availability in rural and semi-urban markets.

Explore more related market insights and reports by visiting our website.

E-bike Motor Market Share: https://www.persistencemarketresearch.com/market-research/ebike-motors-market.asp
Automotive Trailer Market Share: https://www.persistencemarketresearch.com/market-research/automotive-trailer-market.asp
ADAS Recalibration Services Market Share: https://www.persistencemarketresearch.com/market-research/adas-recalibration-services-market.asp
Electric Vehicle Battery Market Share: https://www.persistencemarketresearch.com/market-research/electric-vehicle-battery-market.asp
Automotive Door Lock Detection Sensor Market Share: https://www.persistencemarketresearch.com/market-research/automotive-door-lock-detection-sensor-market.asp

Contact Us:

Persistence Market Research
G04 Golden Mile House, Clayponds Lane
Brentford, London, TW8 0GU UK
USA Phone: +1 646-878-6329
UK Phone: +44 203-837-5656
Email: sales@persistencemarketresearch.com
Web: https://www.persistencemarketresearch.com

About Persistence Market Research:

At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 2012, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.

Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.

This release was published on openPR.