In 2020, the aftermarket revenue of light vehicle counterfeit parts in the Gulf Cooperation Council (GCC) region post the COVID-19 pandemic was about 0.53 million U.S. dollars. The light vehicle parts market was expected to gradually recover from the pandemic with an expected cumulative annual growth rate of about 5.8 percent in the period from 2021 to 2025 reaching a total value of approximately 6.84 billion U.S. dollars by 2025.
Light vehicle counterfeit parts revenue post COVID-19 pandemic in the Gulf Cooperation Council region in 2019 and 2020 with forecasts to 2025**
(in million U.S. dollars)
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Frost & Sullivan. (November 30, 2021). Light vehicle counterfeit parts revenue post COVID-19 pandemic in the Gulf Cooperation Council region in 2019 and 2020 with forecasts to 2025** (in million U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1301387/gcc-counterfeit-vehicle-parts-revenue-post-covid-19/
Frost & Sullivan. "Light vehicle counterfeit parts revenue post COVID-19 pandemic in the Gulf Cooperation Council region in 2019 and 2020 with forecasts to 2025** (in million U.S. dollars)." Chart. November 30, 2021. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1301387/gcc-counterfeit-vehicle-parts-revenue-post-covid-19/
Frost & Sullivan. (2021). Light vehicle counterfeit parts revenue post COVID-19 pandemic in the Gulf Cooperation Council region in 2019 and 2020 with forecasts to 2025** (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1301387/gcc-counterfeit-vehicle-parts-revenue-post-covid-19/
Frost & Sullivan. "Light Vehicle Counterfeit Parts Revenue Post Covid-19 Pandemic in The Gulf Cooperation Council Region in 2019 and 2020 with Forecasts to 2025** (in Million U.S. Dollars)." Statista, Statista Inc., 30 Nov 2021, https://www.statista.com/statistics/1301387/gcc-counterfeit-vehicle-parts-revenue-post-covid-19/
Frost & Sullivan, Light vehicle counterfeit parts revenue post COVID-19 pandemic in the Gulf Cooperation Council region in 2019 and 2020 with forecasts to 2025** (in million U.S. dollars) Statista, https://www.statista.com/statistics/1301387/gcc-counterfeit-vehicle-parts-revenue-post-covid-19/ (last visited November 21, 2024)
Light vehicle counterfeit parts revenue post COVID-19 pandemic in the Gulf Cooperation Council region in 2019 and 2020 with forecasts to 2025** (in million U.S. dollars) [Graph], Frost & Sullivan, November 30, 2021. [Online]. Available: https://www.statista.com/statistics/1301387/gcc-counterfeit-vehicle-parts-revenue-post-covid-19/
