Overall Size of Bangladesh Auto Parts Market

Automotive Components
Market Size of Bangladesh Auto Parts Market

Sharing is caring!

The auto parts market has more than doubled in a race of a decade driven by rising car users in our country. Importers mostly import the engine, alternator, radiator, air conditioner, suspension, brake pads, spoiler, rim, tyre, trim package, body components, and other spare parts needed to serve this market.

The market size of auto parts was about Tk 1,300 crore to Tk 1,400 crore last year. The annual growth rate of this market was 10 to 12% for the last ten years.

The market size was not more than Tk 500 crore 10 years ago. However, this market is growing rapidly because of the rise of using reconditioned cars on the roads.

Bangladesh is an undisputed growth region for reconditioned cars for the last decades. Currently, the market size for reconditioned cars is around Tk 5,000 cr. Each year the size of the market is increasing by 15 to 20%.

Around 65 reconditioned cars regularly sold in Bangladesh, which is the highest in the country’s history. Barvida says around 20,149 reconditioned cars sold in the FY 2016-17.

There has been a big jump in the purchasing capacity of the middle class. The lack of standard public transport in Dhaka and the affordable price of cars are also reasons for the boost.

Market Insiders said the market for automotive spare parts is unstructured, so any exact data about the industry is not readily available.

Most of the importers fetch reconditioned and new automobile parts from Thailand, China, Indonesia, Taiwan, Dubai and India. However, Thailand and Indonesia are the major sources.        

At least 200 traders import auto spare parts and most of them have workshops business here in Bangladesh. More than 2,500 traders are involved in this automotive component business.

The light engineering sector manufactures some auto parts but the quantity is very low. However, all kinds of spare parts of motor cars are available in the market.


  1. Any lawyers here? Could anyone advise me of the deadline for Hamlins LLP vac scheme? Some people on the latestlawjobs.com chat told me I may find some lawyers here. Cheers

  2. Hi guys, I enjoy composing my synth wave music and recently I bumped into a very topical issue, namely how cryptocurrency is going to transform the music industry. I have decided to put together an article on the subject as I would like to inform the musicians and public at large just how cryptocurrencies can be a gamechanger in this field. I would like to donate this article to you for publication on your blog.

  3. Good morning! So, I heard some quite exciting news in the cryptocurrency field ! Some folks in crypto communities are writing that a new crypto coin is presently undergoing development and unpredictably, it is spearheaded by the leading law firms in the USA and the UK ! Seemingly, it is named Lawesome crypto coin. It would be fabulous If anyone connected to cryptocurrency could share the most recent intelligence on this coin. I would certainly, like to buy this coin during the ICO and participate in the bounty hunt. Regretfully, there is a deficiency of info on the LAWesome coin as I think that it is a ‘behind-the-doors’ project. It is pretty incredible that the law firms are making such a daring entry into the cryptocurrency area! This interesting move will undoubtedly grant the cryptocurrency a lot more reliability and confidence.

  4. Hi guys! Just wanted to drop you a line to say that I really enjoyed reading your guest article on Peaches and Screams UK site! Great perspective. Have an awesome day!

  5. Hello! I am in the middle of applying for a newly qualified associate lawyer position with Hudgell Solicitors in London Could somebody let me know where exactly I can locate the careers page for this law office? The job does not give any web links or further information. I am particularly interested in newly-qualified solicitor jobs rather than training contracts. I qualified by sitting the New york city bar assessment and then completed the QLTS examination so the training contract route does not apply to me. Thanks in advance!

  6. Hi! I am in the midst of making an application for a newly qualified associate lawyer job with Janes Solicitors in London Can somebody let me know exactly where I can locate the careers web page for this law firm? The job listing on the https://latestlawjobs.com does not give any web links or more information. I am more particularly interested in newly-qualified lawyer roles instead of training contracts. I qualified by sitting the New York city bar examination and after that completed the QLTS examination so the training contract route does not apply to me. Thanks in advance!

  7. Greetings! Very useful advice in this particular post! It’s the little changes that produce the most significant changes. Thanks a lot for sharing!

  8. Thanks a lot for providing individuals with remarkably wonderful opportunity to read from this site. It really is very terrific and also stuffed with amusement for me personally and my office friends to search your website at minimum thrice per week to read through the new guidance you will have. And indeed, I am certainly pleased with all the exceptional techniques served by you. Certain 4 ideas on this page are clearly the most impressive we have all had.

  9. I simply wanted to compose a quick word in order to express gratitude to you for the superb tricks you are giving here. My extended internet lookup has now been paid with good know-how to talk about with my family members. I would declare that we website visitors actually are quite lucky to live in a great site with many brilliant people with insightful strategies. I feel very fortunate to have come across the web page and look forward to really more amazing minutes reading here. Thank you once more for a lot of things.

  10. I must voice my appreciation for your generosity for people who should have guidance on that topic. Your special dedication to getting the solution all around came to be pretty significant and has really helped most people like me to arrive at their pursuits. Your entire warm and helpful facts means a lot a person like me and much more to my mates. Thanks a ton; from each one of us.

  11. I must show my respect for your kindness supporting those people that actually need help on your concern. Your special dedication to passing the message across turned out to be exceptionally insightful and has in most cases permitted workers much like me to realize their desired goals. Your insightful tips and hints indicates a whole lot a person like me and substantially more to my office colleagues. With thanks; from everyone of us.

  12. I enjoy you because of your entire effort on this site. My aunt enjoys working on research and it’s really easy to understand why. A number of us notice all regarding the dynamic medium you provide reliable guides on the web site and in addition improve contribution from website visitors about this issue while my princess is certainly being taught a lot of things. Enjoy the rest of the new year. Your doing a remarkable job.

  13. বেভারেজ মেশিনারি ইকুইপমেন্ট এবং কাস্টমাইজড স্পেয়ার পার্টস

    […] বিভিন্ন মেশিনারি ইকুইপমেন্ট এবং কাস্টমাইজড স্পেয়ার পার্টস।  বিদেশ থেকে নিয়মিত মেশিনারি […]


Please enter your comment!
Please enter your name here