The $1.1 Billion Kuwait Aftermarket Services Market Growth and Challenges
The Kuwait aftermarket services market is witnessing significant expansion, driven by a combination of high vehicle ownership rates and an increasing preference for used cars. With the market currently valued at USD 1.1 billion , the demand for maintenance, repair, and replacement services continues to grow as consumers extend the lifespan of their vehicles. Additionally, rising fuel prices and increasing urbanization are encouraging individuals and fleet owners to invest more in aftermarket solutions to ensure vehicle longevity and efficiency. Kuwait Aftermarket Services Market Growth Key Growth Drivers Fueling Kuwait Aftermarket Services Market Increasing Vehicle Ownership and Aging Fleet: The growing number of registered vehicles in Kuwait has led to an uptick in demand for aftermarket services. With an increasing number of older vehicles on the road, maintenance and repair services have become essential for sustaining operational efficiency. The high penetration of pass...