China car wraps
Automotive Market in China
The automotive market in China is a rapidly expanding, showing promising signs of evolution. And these have all left traces in its trends and market performance. Let’s get to it and highlight its future prospects.
China continues to be the world’s largest vehicle market by both annual sales and manufacturing output. The total volume of automobile industry sales in China reached 26.2 million units in 2021.
Popular Car Brands
The most popular car brands in China include BYD, Volkswagen, Toyota, Changan, and Honda. In Q1 2023, BYD ranked first among the five best-selling auto brands, selling 484,545 vehicles and holding a market share of 11.35%. Volkswagen ranked second, with 442,203 cars sold and a market share of 10.36%.
Auto Shows in China
China hosts several auto shows that showcase the latest trends and offerings in the automotive industry. Some of the most notable auto shows include:
Beijing International Automotive Exhibition (Auto China)
Guangzhou International Motor Show (Auto Guangzhou)
Shanghai International Automobile Industry Exhibition
Chengdu International Automobile Exhibition
These auto shows provide an opportunity for businesses to showcase their products and services. Many of them bring wrapped vehicles with cool designs to the venue. TeckWrap has been a supportive sponsor in many of these opportunities.
The Chinese automotive market presents a dynamic and evolving landscape. With supportive factors such as labor availability and government support coupled with increasing consumer demand for advanced features and electric vehicles, the market is poised for significant growth in the coming years.
As such, China continues to establish itself as one of the most promising and fastest-growing automobile markets in the world. Due to these reasons, the automotive aftermarket, especially the field in car tuning and customization has been rapidly growing. If you are a car fanatic based in the country, contact our local representative and find out what we can do for you.
Take TeckWrap vinyl wrap film as one of the most promising admission tickets for entering the game, you will grab a great chance to lead the trend and have a say in the field. Act now to grow with the evolution.
CHINA WRAP INSTALLERS
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