The U.S. automotive aftermarket is on track for another strong year, with new projections showing the industry will reach US$435 billion in 2025 — and continue growing well beyond that.
A new report from the Auto Care Association and MEMA Aftermarket Suppliers forecasts that the U.S. light-duty aftermarket will grow, with expectations to surpass $500 billion by 2028. The 2025 Joint Channel Market Size and Forecast, prepared by S&P Global Market Intelligence highlighted that the aftermarket is not only rebounding from pandemic-era disruptions but is now growing at a pace that exceeds pre-pandemic levels.
In the ongoing competition for market share, the service channel continues to edge out the dealer channel. The service side held onto a 0.6 percentage point gain made in 2024, while the dealer channel has lost 1.4 percentage points since 2017.
“The automotive aftermarket continues to demonstrate remarkable resilience and growth,” said Paul McCarthy, president of MEMA Aftermarket Suppliers. “Consumers will spend $435 billion to repair and maintain their vehicles this year, and future years will surpass pre-pandemic growth rates in dollar terms.”
Bill Hanvey, president and CEO of the Auto Care Association, echoed that sentiment.
“The U.S. automotive aftermarket is poised for significant growth. This report highlights the industry’s strength and resilience in the face of evolving challenges.”
The full report is now available to members of the Auto Care Association and MEMA Aftermarket Suppliers. The full Factbook also highlighted the Canadian market.
It reported that the Canadian market in 2024 sat at CAD$24.4 billion, up 3 per cent from the year before. Sales at recreational and used motor vehicle parts and dealers was a small 0.1 per cent decrease to sit at $45.3 billion.
Parts and accessories wholesalers increased by almost half a per cent, while the number of retailers increased by 1.2 per cent. The number of repair shops grew by about 40 new establishments, up 0.2 per cent year-over-year.
The most DIY’d task in Canada were oil top-offs at 40.1 per cent while oil changes were DIFM’d the most at 86.7 per cent.
The Honda Civic was the top-selling passenger vehicle with 31,774 units sold in 2024, up 14.3 per cent to reclaim its top spot. The Toyota Corolla dropped to the second spot thanks to an 8 per cent drop in sales form 2023.
The Ford F-Series topped the list for light trucks with nearly 134,000 units sold, well ahead of the Toyota Rav4, which sold more than 77,500 units.
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