Motor Vehicle New Parts Wholesaling in New Zealand - Industry Market Research Report

Boosted: New Zealand's growing and ageing vehicle fleet will drive revenue growth

Motor vehicle new parts wholesalers have benefited from the size and average age of New Zealand's vehicle fleet creeping upwards. Even so, deteriorating economic conditions mainly attributable to the COVID-19 pandemic have constrained wholesalers' performance. Overall, industry revenue has fallen at an annualised 1.1% over the past five years. This includes a subtle drop of 0.3% in 2022-23, with revenue totalling $2.0 billion. Industry operators primarily wholesale new motor vehicle and motorcycle parts and accessories. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.