Dubai seen as hub for MENA region spare parts upsurge.
Dubai: As demand increases in both domestic and regional markets the growth of the auto spare parts aftermarket in Dubai is witnessing positively high growth. This includes unparalleled interest in workshop equipment, tires and batteries, electronics and systems, parts and components, repairs and maintenance, accessories and customizing, car reconditioning etc.
A delighted Mr. Asad Badami, Managing Director at A-MAP said “According to analysts Frost & Sullivan (F&S), the Middle East spare parts market was valued at $12.98 billion in 2015 and is estimated to grow six per cent annually to reach $17.27 billion by 2020.This means the Gulf market for auto components is buoyant and progressing towards significant growth over the next 3 years. These market indicators are extremely encouraging and offers A-MAP the perfect opportunity to capitalize on these opportunities and ride the growth wave. As a Dubai-based company we see ourselves in the right place at the right time”.
As market demand and distributor growth rises in Middle East markets, A-MAP believes that Dubai is the ideal destination for regional and international buyers of auto spare parts.
A-MAP is one of the frontrunners in the auto spare parts market in the Emirates.
It represents leading brands in auto spare parts, in particular the popular Solite and Asimco product range. Last year an agreement was also signed with an Indonesian firm for distribution of Achilles Tires. In constant search of expansion, A-MAP’s product team plan to increase their portfolio with the launch of new brands in the near future.
Besides its reputed range of world-class products, A-MAP has the competitive edge due to its strategic direct distribution business approach. The company’s 360-degree customer service has been a key factor in its success.
A-MAP recently attended Automechanika 2017, the largest international auto aftermarket trade fair in the Middle East which was an outstanding success for A-MAP, showcasing the latest products and innovations. Feedback from trade buyers and exhibitors also indicates a surge of interest in truck parts and equipment, bearings, lubricants and workshop equipment.