Chongqing Hongyu Friction Products Co.,Ltd.

Investigate South Afica Market and Visit Customers from May to June in 2017

Investigate South Afica Market and Visit Customers from May to June in 2017

South Africa, located in the southern hemisphere, has the reputation of "Rainbow country". It is located on the southernmost tip of the African continent. South Africa is the second largest economy in Africa. Its citizens have a relatively high living standard, and the economy is relatively stable compared with other African countries. South Africa's financial, legal, communications, energy and transportation industries are relatively well-developed, and it has complete hardware infrastructure and stock trading market. Its gold and diamond production account for the first place in the world. In the macro environment of rapid economic growth, national income increases, the demand for cars is also growing rapidly. According to survey data, in 2002, car production in South Africa is 404441, and as of at the end of the year 2015, car production has reached 615658 units. Then you can get that during the fourteen years the average annual growth reached 15087 units per year.

The automobile industry in South Africa occupies an important position in the national economy and the whole of Africa, 8 of 10 the world's largest auto parts supplier have been investing in South Africa, 3 of the 4 largest tire manufacturers in the world have been investing in South Africa. In addition, more than 200 parts manufacturers settled in South Africa. With the further expansion of the African auto market, the African market has more expectation for automobile aftermarket and maintenance service, thus promoting the release of the potential of African auto parts market, which makes the African market a competitive place for the global auto parts suppliers.

The survey shows that South Africa does not have as convenient domestic bus system as the China does. In South Africa, there is no difference between a car and a person's leg. And in South Africa, there are a lot small local garage. When the car has problems and needs to replace the accessories, the owner can choose to go to store accessories in person or garage people purchase from auto parts retail directly. The different consumption patterns form a kind of business model where auto dealers are the center. It serves consumers more directly. This market survey explore the potential of the South African market and  we hope to explore the African market through the expansion of the South African market.

Related News
  • TEL:+86-023-45587911
  • FAX:+86-023-45587901
  • ADDRESS:No.110 Jingshan Road, Bicheng Street, Bishan District, Chongqing, China