South Korea’s Automotive Aftermarket: The $15 Billion Opportunity in Asia’s Most Demanding Market
1. Market Overview & Sizing South Korea’s automotive aftermarket is a mature yet structurally transforming market, estimated at approximately $14.8–15.5 billion USD in 2025, with a compound annual growth rate (CAGR) of 4.2–5.1% through 2028. This places it as the fourth-largest automotive aftermarket in Asia-Pacific (behind China, Japan, and India), and roughly comparable in per-vehicle…