APAC Two-Wheeler Aftermarket Set for US$ 24.7 Bn Boom Fueled by Electric Scooter Demand
The Asia Pacific region has become the epicenter of two-wheeler demand, thanks to growing urban populations, expanding middle-class households, and rising affordability of motorcycles and scooters. With personal mobility being a necessity across both urban and rural areas, two-wheelers dominate transportation preferences. This increasing ownership has naturally expanded the demand for aftermarket components and consumables, which play a crucial role in ensuring the safety, performance, and longevity of vehicles. According to persistence market research, APAC two-wheeler aftermarket components & consumables market size is likely to be valued at US$ 14.1 Bn in 2025 and is projected to reach around US$ 24.7 Bn by 2032, growing at a CAGR of 8.4% during the forecast period 2025-2032 due to the rise in two-wheeler ownership, adoption of electric two-wheelers, and demand for vehicle personalization. With Asia Pacific accounting for a significant share of the global two-wheeler market...