Malaysia car wraps

Automotive Market in Malaysia

The automotive industry in Malaysia is one of the largest in the ASEAN region with a sales volume of about 500 thousand motor vehicles per year.

Overview
The Malaysian automotive industry significantly contributes to the country’s economy, accounting for 4.2 percent of Malaysia’s GDP in 2020. The industry is expected to grow at a significant CAGR between 2023 and 2030.

Popular Car Brands
According to the Malaysian Automotive Association (MAA), the top 5 best-selling car brands in Malaysia in the first half of 2023 were:
1.   Perodua: 144,690 units sold;
2.   Proton: 76,012 units sold;
3.   Toyota: 48,145 units sold;
4.   Honda: 33,727 units sold;
5.   Mitsubishi: 11,811 units sold

It’s worth noting that “national” brands such as Perodua and Proton are more popular among Malaysian buyers, with a market share of 66%.

Auto Shows in Malaysia
There are several auto shows and car shows that take place in Malaysia. Some of the biggest ones include:

   Malaysia International Motor Expo: It is one of the largest auto shows in Malaysia and showcases the latest car models and variants from Malaysian OEMs.
   Malaysia Autoshow: This is Malaysia’s largest car show and is held annually. The event features hundreds of the latest cars, EVs, motorbikes, and technology showcases.
   International Conference on Control, Automation, Robotics and Vision Engineering (ICCARVE): Although not strictly an auto show, it is a significant event for professionals in the field of control, automation, robotics, and vision engineering.

According to an article by The Star, the outlook for Malaysia’s automotive industry remains positive, with the sector expected to register substantial total industry volume (TIV) numbers for 2022-2023, buoyed by robust deliveries and new bookings.

The Malaysian automotive industry is projected to grow with a compounded annual growth rate (CAGR) of 11.5% from 2020-2025 to hit a revenue of 6.8 billion US dollars by 2025.

Get yourself a unique vinyl wrap film, transform your car, and be a part of the growth. Reach out to our regional distributor today and grow togethe