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Furthermore, surge in demand of passenger cars owing to rise in disposable income and improved lifestyle fuels the market growth of the market. However, the availability of cheap, low-quality accessories is expected to limit the market growth. Customers are also getting more interested in customizing their automobiles, which is driving up demand for aftermarket auto accessories. The high cost of automotive accessories, on the other hand, is stifling market expansion, particularly in emerging countries. Reduced excise rates in the automobile industry will boost demand for auto parts. Another factor is suppliers and original equipment manufacturers are increasingly turning to direct…