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Market Outlook and Opportunities in the Australian Auto Parts Industry
Stuart Charity Executive Director Australian Automotive Aftermarket Association
The AAAA – Who Are We?
The Australian Automotive Aftermarket Association (AAAA) is the national industry association representing 2,250 manufacturers, distributors, wholesalers, importers and retailers of automotive parts and accessories, tools and equipment in Australia.
The AAAA represents member companies in negotiations with government, regulators and other industry groups and works with member companies on the development of their businesses.
The Australian Automotive Industry
Total motor vehicles registered = 18.4 million vehicles
Passenger & light commercial 16.9 million
Heavy vehicles 700,000
Motorcycles 830,000
The Australian Automotive Industry
771 motor vehicles per 1,000 head of population
2016 sales of 1,178,133 vehicles – 87% imported
Annual production in 2016 of 155,691 vehicles
The Australian Fleet
68 brands
400 models sold
One of the most diverse car parcs in the world
Average age 10 years
2016 Top Selling Models
Toyota Hilux 42,104
Toyota Corolla 40,330
Hyundai i30 37,772
Ford Ranger 36,934
Mazda 3 36,107
Toyota Camry 26,485
2016 Top Selling Brands
17.8%
10%
8.6%
8%
6.9%
6.2%
5.7%
Market share amongst top 7 brands (VFACTS Dec 2016)
The Australian Automotive Aftermarket
Automotive replacement, repair and service parts
Automotive appearance and functional accessories
4x4/SUV parts and accessories
Performance & racing parts and accessories
Workshop & service tools and equipment
The Australian Automotive Aftermarket
Retail sales of parts & accessories currently valued at USD $11 billion p.a.
Parts split 70/30 between independent aftermarket and vehicle manufacturer franchise dealers
Growing at around 3% per annum
Opportunities to supply the Aftermarket
What types of products?
Service parts including filters & brake pads
Replacement parts eg, suspension, brake, engine
Performance parts and accessories
Accessories for PMV & SUV vehicles
Workshop tools and equipment
Market Dynamics
Australia is a large country with a relatively small population
Most people live on the eastern seaboard
Diverse car parc, high percentage of imported vehicles
Well developed distributor, wholesale and retail networks
Significant number of retail chains, with the independent segment reducing.
Major Retail Chains
Bapcor (870 stores in AU/NZ)
GPC Asia Pacific (446 stores in AU/NZ)
Super Retail Group (290 stores in AU/NZ)
Australian Automotive Aftermarket Association
Stuart Charity - Executive Director
ADDRESS Suite 16, Building 3 195 Wellington Road Clayton VIC 3168 Australia PHONE +61 3 9545 3333 EMAIL [email protected] WEB www.aaaa.com.au