South Africa Automotive Aftermarket Glass Market Outlook

the south africa automotive aftermarket glass market is a heavily regulated and competitive market. with the main driver of the market being the growth of the automobile industry, the automotive aftermarket glass market is expected to experience some upturns and downturns in the short and long term future. due to the nature of the industry and a competitive environment, as well as highly volatile prices, companies are forced to reconsider their market strategies and determine the best way to grow their business. in the short term of 2018, the south african automotive aftermarket glass market saw a healthy supply-demand relationship which is expected to continue into 2019 with the introduction of a new fine tune product - "smartglaze". smartglaze is a revolutionary new product which has been engineered to enhance the performance and lifespan of oe installed windows and windscreens, one of the leading types of automotive aftermarket glass. with its advanced refractive characteristics, smartglaze provides improved light transmission to vehicle interiors, better thermal insulation and superior shatter protection. this technologically enhanced product is expected to keep demand for automotive aftermarket glass strong in the coming years. the south african automotive aftermarket glass market is regulated by the motor industry code of conduct, which was first adopted by the government in 2012. the code prescribes fair competition and provides standards that protect the consumer’s interest. this regulation is likely to help the industry remain competitive and provide quality components to the market at an affordable cost. manufacturers also play a key role in the south african automotive aftermarket glass market. these companies are working to increase their market share by utilizing innovative technologies and processes that empower them to increase production outputs and reduce costs. this, in turn will enable them to make accurate projections of future market trends and better plan for the future of their business. overall, the south african automotive aftermarket glass market is poised for an uptrend in both the short and long term. continued advances in technology and the ongoing regulation of the industry will ensure that the customer will get quality components at competitive prices enabling the market to remain competitive and robust.