Home Automotive and Transportation Automotive Wheels Aftermarket Industry Size, Demand & Sales by 2033

Automotive Wheels Aftermarket Industry Size, Share & Trends Analysis Report By Vehicle Type (Passengers Vehicles, Commercial Vehicles), By Material (Alloy, Steel, Aluminum, Others), By Rim Size (13 - 19, 19 - 21, 21 & Above), By Coating Type (Liquid Coating, Powdered Coating, Others), By Applications (On-Road Wheels, Off-Road Wheels), By Distribution Channel (Offline, Online) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2025-2033

Report Code: SRAT56798DR
Last Updated : Jan 17, 2025
Author : Aritra Banerjee
Starting From
USD 2300
Buy Now

Automotive Wheels Aftermarket Industry Size

The global automotive wheels aftermarket industry size was valued at USD 14.5 billion in 2024 and is expected to grow from USD 14.86 billion in 2025 to reach an expected value of USD 18.11 billion by 2033, growing at a CAGR of 2.5% during the forecast period (2025-2033).

The automotive wheels aftermarket refers to the sector where consumers purchase replacement wheels, typically to enhance their vehicles' performance, appearance, or durability. This market has witnessed significant growth due to various factors, including rising customization preferences, advancements in materials, and increasing demand for lightweight, high-performance wheels.

Customization has become a major trend, with consumers looking for unique, personalized wheels that elevate both aesthetics and functionality. Alloy wheels, with their sleek designs, and powder-coated finishes, which offer both durability and visual appeal, are especially popular. This trend is prominent in the premium and luxury vehicle segments, where vehicle owners seek innovations that deliver both performance and personalization.

Moreover, the shift towards sustainability has led to increased demand for lightweight wheels, particularly aluminum or alloy-based, which support better fuel efficiency and lower carbon emissions. These wheels are now seen as a practical choice for eco-conscious consumers and manufacturers striving for greener solutions.

Latest Industry Trends

Growing demand for lightweight and high-performance wheels

The global automotive wheels aftermarket is experiencing a shift towards lightweight materials like aluminum and alloy, which offer significant benefits in enhancing vehicle performance. These materials reduce the overall weight of vehicles, contributing to better fuel efficiency, improved acceleration, and superior handling.

Lightweight wheels are crucial in meeting stringent global emissions standards, as reducing vehicle weight leads to lower fuel consumption and fewer greenhouse gas emissions. In electric vehicles (EVs), lightweight wheels are even more significant, optimizing energy use and extending battery range.

  • For example, lightweight wheels can improve fuel economy by 6–8% for every 10% reduction in weight. With increasing consumer demand for sustainable mobility solutions, lightweight wheels have become essential in promoting fuel efficiency and reducing environmental impact.

Automotive Wheels Aftermarket Industry Growth Factors

Increasing global vehicle production

The growing global vehicle production and rising vehicle ownership, especially in emerging markets like India, China, and Brazil, are key drivers of the global industry. Passenger cars, particularly sedans and hatchbacks, remain the most popular choices due to their suitability for personal and family transportation. However, the rising popularity of SUVs, known for their strength and versatility, is driving the need for larger, more durable wheels.

  • According to the International Organization of Motor Vehicle Manufacturers, global vehicle production reached approximately 85 million units in 2022, illustrating the scale of demand for automotive wheels and aftermarket services across the globe.

Market Restraint

High cost of premium wheels

While advanced alloy and aluminum wheels offer superior benefits in terms of weight reduction, durability, and aesthetics, their higher cost compared to traditional steel wheels remains a significant challenge. These premium wheels are favored for their ability to enhance fuel efficiency, improve handling, and elevate the overall look of a vehicle.

However, their premium pricing can limit their widespread adoption, especially in price-sensitive markets where affordability is a key consideration for consumers. In emerging economies, where cost-conscious buyers dominate, the high cost of these wheels often deters purchase, limiting market penetration.

Market Opportunity

Innovative coating and finishing solutions

The global automotive wheels aftermarket industry is experiencing significant opportunities driven by the demand for innovative coating and finishing solutions. These advancements enhance wheel performance and longevity, improving aesthetics and functionality.

  • One notable example is the Royal Series Superhydrophilic Wheel Coating, which fosters a hydrophilic effect. This advanced coating actively repels stubborn brake dust, keeping wheels cleaner for longer periods. Moreover, it withstands extreme heat conditions, ensuring durability and resistance to wear.

As consumers increasingly seek low-maintenance and high-performance wheel solutions, the development of such cutting-edge technologies is expected to drive growth in the aftermarket sector, creating fresh opportunities for manufacturers and service providers.

Study Period 2021-2033 CAGR 2.5%
Historical Period 2021-2023 Forecast Period 2025-2033
Base Year 2024 Base Year Market Size USD 14.5 billion
Forecast Year 2033 Forecast Year Market Size USD 18.11 billion
Largest Market North America Fastest Growing Market Asia Pacific
Talk to us
If you have a specific query, feel free to ask our experts.

Regional Insights

North America: Dominant region with a significant market share

North America is the leading region for the global automotive wheels aftermarket industry, attributed to its well-established automotive industry, high car ownership rate, and active car modification culture. The U.S. itself has a strong demand for aftermarket wheels, mainly to upgrade performance, enhance appearance, and personalize vehicle looks. The region's developed infrastructure for e-commerce and retail also allows easy access to quality aftermarket products.

  • For example, companies such as American Racing and Fuel Off-Road have excelled in this market by providing diverse needs that range from muscle cars to off-road vehicles.

Asia-Pacific: Rapidly growing region

Asia-Pacific is the fastest-growing market for automotive wheels aftermarket, driven by rapid urbanization, increasing disposable incomes, and a booming automotive industry in countries like China and India. The growth of interest in vehicle customization among young consumers and the increasing number of automotive enthusiasts are driving the growth.

  • For instance, in China, the growth of aftermarket wheels is related to the growing middle class who perceive car upgrades as a status symbol, while in India, the increasing demand is associated with a young population interested in trying out new designs and performance upgrades.

Countries Insights

  • United States:The United States leads the aftermarket sector, fueled by a deep-rooted car culture, high vehicle ownership rates, and a passion for customization. Brands like American Racing and Enkei USA cater to diverse needs, from performance upgrades to aesthetic enhancements. The rising popularity of SUVs and pickup trucks further boosts demand for specialty wheels tailored for off-road capabilities and urban sophistication, solidifying the country’s status as a hub for automotive innovation.
  • China: China’s expansive automotive market and rising middle-class affluence position it as a key player in the aftermarket industry. A growing appetite for luxury and performance modifications drives demand for lightweight alloy wheels. Local brands such as Lenso Wheels are gaining traction alongside established international competitors. This evolution is powered by consumers seeking stylish, high-quality upgrades that match the rapid modernization of China’s automotive landscape and its increasingly diverse consumer base.
  • Germany:Germany’s reputation as home to premium automakers like BMW, Mercedes-Benz, and Audi propels its high-performing aftermarket. Car enthusiasts prioritize premium alloy and forged wheels to enhance handling, durability, and aesthetics. Iconic brands such as BBS and Borbet dominate this landscape, reflecting Germany's legacy of automotive excellence. The focus on engineering precision and design ensures the country remains a trendsetter in performance-oriented and stylish wheel modifications for luxury vehicles.
  • India:India’s aftermarket is flourishing, driven by a growing vehicle population and a young, customization-savvy demographic. The increasing penetration of premium cars and affordable aftermarket options, such as those offered by Neo Wheels, fuel demand for aesthetic and performance upgrades. As urbanization and disposable incomes rise, the Indian market is embracing stylish, budget-friendly wheel solutions, making it one of the fastest-growing segments in the global automotive aftermarket.
  • Japan:Japan’s rich automotive heritage and strong JDM culture underpin its thriving aftermarket sector. Enthusiasts seek lightweight, high-performance wheels from renowned brands like Rays Engineering and Work Wheels, valued for their advanced designs and aesthetics. With a focus on enhancing performance, these wheels cater to Japan’s legacy of crafting precision vehicles. This commitment to innovation and style keeps the Japanese aftermarket vibrant and globally influential.
  • United Kingdom:The U.K. boasts a vibrant aftermarket culture where car enthusiasts value modifications that enhance both performance and aesthetics. Alloy wheels remain a top choice, with prominent brands like Wolfrace Wheels and OZ Racing leading the market. The rise of electric vehicles (EVs) is creating new demand for EV-compatible wheels, ensuring the U.K. aftermarket evolves alongside green automotive trends while maintaining its strong appeal to car lovers.
  • Australia:Australia’s aftermarket is shaped by its off-road culture and the popularity of SUVs and 4x4 vehicles. Durable, all-terrain wheels from brands like CSA Alloy Wheels dominate the market, catering to the demands of adventure tourism and harsh terrains. This unique focus on durability and performance ensures steady growth, as consumers seek reliable, high-quality wheel options that match their rugged lifestyle and Australia’s distinctive automotive culture.
Need a Custom Report?

We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports


Segmentation Analysis

By Vehicle Type

The passenger vehicles segment dominates the aftermarket wheels market, driven by the growing demand for customization in sedans, SUVs, and luxury cars. Consumers increasingly prefer wheels that enhance both aesthetic appeal and performance. Lightweight wheel options are also highly sought after, optimizing fuel efficiency and handling, especially for high-end and sport-oriented vehicles. This segment continues to drive market revenue as car owners look to personalize their vehicles.

By Material

Alloy wheels dominate the aftermarket wheel market due to their superior aesthetics, lightweight properties, and enhanced performance. These wheels are particularly favored for passenger vehicles, where reducing weight contributes to better fuel efficiency and handling. The rise in electric vehicle (EV) adoption further boosts the demand for alloy wheels, as lightweight materials are critical for maximizing range and performance, making them a key choice for modern vehicle designs.

By Rim Size

The 13-19 inches rim size category holds the largest market share, particularly popular for passenger vehicles such as sedans and compact SUVs. This size range is both cost-effective and widely available, making it the go-to choice for most vehicle owners. Its extensive application in mid-range automobiles, coupled with mass production, makes it highly accessible and affordable, further driving its dominance in the global market.

By Coating Type

Powder coating dominates the market due to its cost-effectiveness, durability, and eco-friendly properties. This coating is widely used in aftermarket wheels to protect against corrosion, scratches, and environmental wear. It is particularly preferred in regions with harsh climates, offering long-lasting performance. Its smooth, durable finish and resistance to weathering ensure that it remains a popular choice for wheel customization and protection in the automotive aftermarket industry.

By Application

On-road wheels hold a significant share of the market, primarily due to the high penetration of passenger vehicles and growing urban infrastructure. These wheels are designed to provide strength, durability, and enhanced fuel economy, making them essential for everyday driving. Innovations in lightweight materials and finishes further boost their appeal, offering improved performance and efficiency. The ongoing growth in urban vehicle use continues to drive demand for on-road wheels globally.

By Distribution Channel

The offline segment leads the market in revenue generation, driven by retailers, workshops, and garages that provide professional wheel installation services. Consumers often prefer this channel for the hands-on experience, trust, and expertise offered by professionals in fitting and customizing wheels. Moreover, the need for precise wheel fitting and the availability of in-person support make offline distribution a dominant factor in the aftermarket wheels market.

Market Size By Vehicle Type

Market Size By Vehicle Type
Passengers Vehicles Commercial Vehicles

Company Market Share

Key market players are investing in advanced automotive wheels aftermarket technologies to meet evolving consumer demands for lightweight, durable, and aesthetically superior products. These investments focus on innovations such as forged and flow-formed wheel designs, enhanced material compositions like carbon fiber, and improved manufacturing processes to boost performance and fuel efficiency.

Sona Comstar: An Emerging Player in the Global Automotive Wheels Aftermarket

Sona Comstar, a leading Indian auto parts supplier, is aggressively expanding into East Asian markets, targeting key regions like China, Japan, and South Korea. The company specializes in cutting-edge components for electric, hybrid, and internal combustion vehicles, aligning its portfolio with the global shift toward sustainable mobility.

Recent Developments:

  • In December 2024, Sona Comstar announced its strategic focus on these East Asian markets, anticipating that they will contribute more than half of the company's revenues within five years. This move is in response to stagnating sales in traditional markets and the significant growth of the electric vehicle sector in China.

List of key players in Automotive Wheels Aftermarket Industry

  1. Maxion Wheels
  2. Enkei Corporation
  3. Superior Industries International, Inc.
  4. Ronal Group
  5. Borbet GmbH
  6. Alcoa Wheels
  7. OZ S.p.A.
  8. Topy Industries Limited
  9. Accuride Corporation
  10. Wanfeng Auto Holdings Group
  11. BBS Kraftfahrzeugtechnik AG
  12. Anchi Alloy Wheels
  13. Mangels Industrial S.A.
  14. Konig Wheels
  15. Vossen Wheels
Automotive Wheels Aftermarket Industry Share of Key Players

Recent Developments

  • February 2024 – Advantec Wheels, a Jammu-based alloy wheel manufacturer, showcased its new range of premium, Made-in-India flow-forged alloy wheels at Automechanika 2024, held at Pragati Maidan from February 1-3, 2024. The company introduced models such as Kohinoor, Spyder, and Black Widow, emphasizing precision engineering and design craftsmanship.

Analyst Opinion

As per our analysts, the global automotive wheels aftermarket industry is poised for robust growth, propelled by the rising demand for vehicle customization, advancements in lightweight materials, and the increasing popularity of SUVs and EVs. Key trends such as the adoption of eco-friendly coatings, aerodynamic designs, and high-performance wheels are catering to consumer preferences while aligning with stringent environmental regulations.

However, the high costs of premium wheels pose challenges in price-sensitive markets. Innovations in manufacturing processes, such as flow-forming and 3D printing, coupled with the rapid expansion of e-commerce platforms, are bridging this gap by improving accessibility and affordability. Moreover, the growth of online marketplaces is enabling consumers to compare products and make informed decisions, driving higher adoption rates.


Automotive Wheels Aftermarket Industry Segmentations

By Vehicle Type (2021-2033)

  • Passengers Vehicles
  • Commercial Vehicles

By Material (2021-2033)

  • Alloy
  • Steel
  • Aluminum
  • Others

By Rim Size (2021-2033)

  • 13 - 19
  • 19 - 21
  • 21 & Above

By Coating Type (2021-2033)

  • Liquid Coating
  • Powdered Coating
  • Others

By Applications (2021-2033)

  • On-Road Wheels
  • Off-Road Wheels

By Distribution Channel (2021-2033)

  • Offline
  • Online

Frequently Asked Questions (FAQs)

How much was the global market worth in 2024?
The global automotive wheels aftermarket industry size was valued at USD 14.5 billion in 2024.
On-road wheels hold a significant share of the market, primarily due to the high penetration of passenger vehicles and growing urban infrastructure.
The growing global vehicle production and rising vehicle ownership, especially in emerging markets like India, China, and Brazil, are key drivers of the global industry.
Top 10 players present globally are Maxion Wheels, Enkei Corporation, Superior Industries International, Inc., Ronal Group, Borbet GmbH, Alcoa Wheels, OZ S.p.A., Topy Industries Limited, Accuride Corporation and Wanfeng Auto Holdings Group.
North America is the leading region for the global automotive wheels aftermarket industry, attributed to its well-established automotive industry, high car ownership rate, and active car modification culture.


We are featured on :