European Independent Automotive Aftermarket Panorama

This report provides an in-depth analysis of the European independent automotive aftermarket (IAM), emphasizing its significant role within the broader automotive industry. The IAM is highlighted as a crucial component of the vehicle lifecycle solutions industry, contributing approximately EUR 73 billion to the market, which represents around 62% of the total parts revenue in the European Union. The report outlines the importance of the IAM in maintaining vehicles that are over four years old, which constitute about 70% of the vehicles on European roads. It discusses the economic impact of the automotive sector, noting that it generates over EUR 2 trillion annually and is the third-largest consumer spending category. The report also presents survey results from over 380 members of FIGIEFA, identifying key trends and advocating for a rebranding of the IAM to enhance its recognition as a vital element of the automotive value chain. The findings aim to underscore the IAM's contributions to mobility, sustainability, and the overall competitiveness of the European economy.