The global automotive aftermarket is valued at over $500 billion, with auto accessories making up nearly half of the total sales. In China, the accessories market is estimated to be around 80 billion yuan. As the number of vehicles on the road continues to rise rapidly, the growth rate in this sector has exceeded the global average of 1.5%, especially in the past year, which has triggered a period of accelerated expansion in China's auto aftermarket.
Two-thirds of the auto accessories in China are sold through local auto parts markets, leading to the formation of a nationwide network of such markets. Over the years, these auto parts markets have played an irreplaceable role in driving the development of the industry, ensuring smooth supply chains, and facilitating the transformation of auto parts distribution models. However, as the market has grown, challenges have emerged, pushing the industry into a more competitive phase where only the strongest can survive.
The 5th Beijing International Auto Parts Exhibition was organized by five key organizations, including the Beijing Branch of the China Council for the Promotion of International Trade (CCPIT) and the Automobile Association Committee of the China Automotive Industry Association.
The China Auto Parts Accessories Exhibition (CAPA) will take place from November 9th to 11th at the National Agricultural Exhibition Center in Beijing. Alongside the main exhibition, events such as the Aftermarket Service Chain Franchise Exhibition, franchise seminars, and auto service industry forums will also be held.
This is the fourth consecutive year that CAPA has been held in Beijing, and its scale, quality, and level of international participation have continued to grow. It has become a key platform for Chinese and international companies to showcase their products and exchange ideas. Notably, well-known auto parts markets in Beijing, such as the Asian Games Village Market, Dongjiao Auto Parts City, Xijiao Auto Parts City, Caoqiao HSBC Auto Parts Market, Shilihe Auto Parts City, and Siyuanqiao Auto Parts City, have all participated. Additionally, several major auto parts bases in Beijing are currently in discussions to join the event.
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