Argentina Exterior Car Accessories Market Overview, 2028

The exterior car accessories industry in Argentina is diverse, with products ranging from functional accessories such as mudguards and roof racks to decorative accessories such as decals and customized rims. The exterior car accessories industry in Argentina is a vibrant and dynamic market, driven by a passion for cars and a desire for personalization and customization. The industry is likely to continue to grow in the coming years, as more customers look for ways to make their vehicles stand out from the crowd. While many exterior car accessories in Argentina are imported, there are also many local manufacturers who produce high-quality products. These manufacturers often work closely with automotive dealerships and car manufacturers to develop products that are specifically designed for Argentinean vehicles. Customization is a key trend in the exterior car accessories industry in Argentina. Customers are increasingly looking for products that can be personalized to their specific needs and preferences, including customized rims, decals, and body kits. Argentina has a strong culture of vintage car restoration and preservation, and there is a significant market for exterior car accessories for vintage cars. These accessories are often used to restore old vehicles to their former glory or to give them a modern twist while retaining their classic charm. Also, many customers in Argentina are DIY enthusiasts who like to work on their cars themselves. As a result, the exterior car accessories industry in Argentina offers many products that are easy to install and can be installed at home with minimal tools and expertise. According to the research report, “Argentina Exterior Car Accessories Market Overview, 2028” published by Bonafide Research, the market is anticipated to add USD 312.30 Million market size from 2023 to 2028. The exterior car accessories market in Argentina is a significant industry that caters to the growing demand of car customization among car enthusiasts. The market is driven by the increasing number of car owners who want to enhance the look and performance of their vehicles. The exterior car accessories market in Argentina includes a wide range of products, including spoilers, body kits, wheels, tires, lighting, chrome accessories, roof racks, license plate frames, and vinyl wraps, among others. One of the key factors driving the growth of the exterior car accessories market in Argentina is the increasing disposable income of the population. As consumers become more affluent, they are willing to spend more on their vehicles to make them stand out from the crowd. Additionally, the rise of social media has fuelled the desire for car owners to showcase their customized vehicles on platforms like Instagram and YouTube. Another factor driving the market is the increasing popularity of motorsports in Argentina. Car enthusiasts are inspired by professional drivers and race car teams, and they often seek to replicate the performance and appearance of these vehicles on their own cars. This has led to a growing demand for high-performance parts and accessories. In addition to aesthetics and functionality, some exterior accessories can also improve the performance of a vehicle. For example, upgrading the wheels and tires or adding a high-performance exhaust system can enhance the handling and acceleration of a car.

Based on the accessory types, the market is segmented into body kits (front and rear bumper kits, spoilers, lip kits, front grilles, tuning hoods, etc.), exhaust mufflers, lights, alloy wheels, chrome accessories, window films, graphic stickers and reflectors, racks, and others (crash guards, side beading, window door visors, licence plate frames, exterior covers, side mirror covers, etc.). Among them, body kits are dominating the market in 2022. Body kits, which include front and rear bumpers, side skirts, and spoilers, are a popular exterior car accessory in Argentina. These kits can enhance the appearance of a vehicle and improve its performance. In addition to that, alloy rims are a popular exterior car accessory in Argentina, with many customers choosing to upgrade their stock wheels with high-quality alloy rims. This trend is driven by a desire for better performance. Many car owners in Argentina see their vehicles as an extension of their personality and use exterior car accessories to express themselves. By customizing their cars with unique colors, patterns, or designs, they can make their vehicles stand out and reflect their individual style. Also, some car owners add exterior car accessories as a way to show their loyalty to a particular car brand or model. For example, they may add a specific type of spoiler or wheel to their car to make it look more like a specific model from that brand. In Argentina, there are regulations that govern the use of exterior car accessories. These regulations are in place to ensure that accessories do not pose a risk to public safety or damage the environment. For instance, all exterior car accessories sold in Argentina must be certified by the National Automotive Parts Certification System (SIAC). This certification ensures that the accessories meet certain safety and environmental standards. Before a car accessory can be installed on a vehicle in Argentina, it must be homologated by the National Road Safety Agency (ANSV). Homologation ensures that the accessory is compatible with the vehicle and does not affect its safety or performance. Any additional lighting added to a vehicle in Argentina must comply with the National Road Safety Agency's regulations. This includes regulations on the type, colour, and intensity of the lighting. Any external car accessory that produces noise must comply with the maximum noise level set by the Argentine Ministry of Environment and Sustainable Development. This includes exhaust systems and horns. Also, certain exterior car accessories, such as chrome plating or high VOC (volatile organic compound) paints, must comply with environmental regulations set by the Argentine Ministry of Environment and Sustainable Development. Based on the distribution channel, aftermarket sales are projected to lead the Argentina market in 2022. There are several events and shows in Argentina that focus on exterior car accessories. These events attract car enthusiasts and offer a great opportunity to see the latest trends and innovations in the industry. For instance, Autoclásica is one of the largest classic car shows in South America and takes place in Buenos Aires every year. The event features over 1,000 classic cars, motorcycles, and trucks, as well as exhibits from vendors selling automotive parts and accessories. Expo Auto Argentino takes place in Buenos Aires and showcases the best of Argentina's automotive industry, including classic and modern cars, motorcycles, and trucks. The event also features exhibits from vendors selling automotive parts and accessories. Automechanika Buenos Aires is an international trade fair for the automotive industry that takes place in Buenos Aires every two years. The event attracts exhibitors from around the world, including vendors selling exterior car accessories such as rims, tires, and body kits. Custom Motor Show is an annual event that takes place in Cordoba and focuses on custom cars, motorcycles, and trucks. The event features exhibits from vendors selling custom parts and accessories, including exterior car accessories such as spoilers, body kits, and vinyl wraps. Meguiar's Motor Show is an annual event that takes place in Buenos Aires and features some of the best custom and classic cars in Argentina. The event also features exhibits from vendors selling automotive parts and accessories, including exterior car accessories such as rims, tires, and body kits.

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Manmayi Raval

Research Consultant

Considered in this report • Geography: Argentina • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • Argentina Exterior Car Accessories market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Accessories Type: • Body Kits (Front and Rear Bumper Kits, Spoilers, Lip Kit, Front Grille, Tuning Hoods, etc) • Exhaust Muffler • Lights • Alloy Wheels • Chrome Accessories • Window Films • Graphic Stickers & Reflectors • Racks • Others (Crash Guards, Side Beading, Window Door Visors, License Plate Frames, Exterior Covers, Side Mirror Covers, etc)

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By Distribution Channel: • OEM • Aftermarket The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Exterior Car Accessories industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.