Krazymedia13 Dec, 2022Business
From 2016 to 2020, automotive wiper sales in India increased at 4.9% CAGR, which slowed down due to massive production shutdowns in 2020 due to COVID-19. West, South, and North India accounted for a large share of the demand for wipers in India. Increasing average age of passenger cars is expected to result in higher use of automotive wipers over the decade. Wipers have a short lifespan, and therefore, the longer a vehicle is on the road, the more frequently the wiper will be replaced, creating a huge aftermarket/replacement market opportunity.
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