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Indonesia Automotive Aftermarket Service Market is expected to reach about USD 13.6 Bn in Revenue by 2026: Ken Research

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GURUGRAM, India, June 29, 2021 /PRNewswire/
Automotive slowdown & the COVID-19 pandemic brought a sustained downward trend in new passenger car sales in 2020 in Indonesia.
The Multi Brand car service market is anticipated to grow with a CAGR of 4.3% during the forecast period 2021-2026.
Surging Used Car Sales in Tier II Cities: Indonesia is one of the largest automotive and used car markets in Southeast Asia. It is home to many OEMs having production and assembling plants in the country. Indonesia is witnessing a surge in the used car sales in Tier II cities of Indonesia which is signaling the rising average age of car, therefore impetus for car service market. The growing urban population and disposable income among the working population are contributing to the growth of the used car industry. Higher population of middle income group in Tier II cities has lead to the growing demand for used cars. The easy availability of financing options, on ....

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Indonesia Automotive Aftermarket Service Market is expected to reach about USD 13.6 Bn in Revenue by 2026: Ken Research

Indonesia Automotive Aftermarket Service Market is expected to reach about USD 13.6 Bn in Revenue by 2026: Ken Research
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