Latin Tyre and Auto Parts Expo
- July 14-16, 2027
- Panama, Rep. of Panama
- Panama Convention Center
- July 14-16, 2027
- Panama, Rep. of Panama
- Panama Convention Center
Latin Tyre and Auto Parts Expo
Antigua
Argentina
Aruba
Bahamas
Barbados
Belize
Bermuda
Bolivia
Bonaire
Brazil
British Virgin Islands
Cayman Islands
Cuba
Chile
Colombia
Costa Rica
Mexico
Nicaragua
Curacao
Dominica
Dominican Republic
Ecuador
El Salvador
French Guiana
Grand Cayman
Guadelope
Guatemala
Guyana
Haiti
Honduras
Jamaica
Martinique
Panama
Paraguay
Peru
Puerto Rico
Saint Lucia
St Kitts
St Martin
Sint Maarten
St. Vincent And The Grenadines
Suriname
Trinidad And Tobago
Turks And Caicos
Uruguay
Us
Venezuela
Discover key insights and exclusive data from our 2026 edition.
🚗🌎 LATIN AMERICA’S AUTOMOTIVE AFTERMARKET IS GROWING
— IS YOUR BRAND PART OF IT?
Latin America is becoming an increasingly important market for auto parts, tires and lubricants.
📈 AUTO PARTS: The Latin American automotive parts aftermarket was valued at approximately US$56.1 billion in 2024 and is projected to reach US$106.4 billion by 2034, representing 6.6% annual growth.
🛞 TIRES: Latin America consumed approximately 173 million tires in 2024, with demand projected to reach 256 million units by 2034. The tire aftermarket is expected to be a major driver of this growth.
🛢️ LUBRICANTS: The Latin American lubricants market was valued at approximately US$5.9 billion in 2024 and is projected to reach US$10.2 billion by 2034.
One major reason for the opportunity? Latin America has a large and aging vehicle population. By 2027, an estimated 59% of vehicles in the region will be more than 10 years old — creating continued demand for replacement parts, tires, maintenance products and lubricants.
Source: https://www.researchandmarkets.com/reports/6111814/latin-america-automotive-parts-aftermarket?
🌎 Want to enter or expand your business in this growing market?
Join the Latin Tyre & Auto Parts Expo — the largest auto parts, lubricants, and tire expo in Latin America.
Instead of traveling country by country searching for distributors, meet container-buying distributors, importers and wholesalers from South America, Central America, Mexico and the Caribbean directly at your booth.
According to Verified Market Reports, the Latin America Auto Parts and Accessories Market is valued at $35 Billion in 2025 and is projected to reach $76 Billion by 2033. Growth is driven by expanding vehicle fleets, increasing aftermarket demand, and rising vehicle modernization efforts in the region.
The automotive aftermarket market in Latin America is expected to reach a projected revenue of US$ 91,028.9 million by 2030. A compound annual growth rate of 4.8% is expected of Latin America automotive aftermarket market from 2025 to 2030.
Source https://www.grandviewresearch.com/horizon/outlook/automotive-aftermarket-market/latin-america
The lubricants market in Latin America is expected to reach a projected revenue of US$ 16,180.5 million by 2030. A compound annual growth rate of 3.6% is expected of Latin America lubricants market from 2024 to 2030.
Source https://www.grandviewresearch.com/horizon/outlook/lubricants-market/latin-america
The tires market in Latin America is expected to reach a projected revenue of US$ 10,487.2 million by 2030. A compound annual growth rate of 2.6% is expected of Latin America tires market from 2025 to 2030.
Source https://www.grandviewresearch.com/horizon/outlook/tires-market/latin-america
The Latin American tire market is on track for steady growth. According to Expert Market Research (EMR), the market is projected to grow at a 4% CAGR, reaching nearly 256.4 million units by 2034, up from 173.2 million units in 2024. The aftermarket segment will drive much of this expansion, with a forecast CAGR of 4.4% from 2025–2034. The LatAm tire market is projected to be worth $17 billion in 2024, growing at more than 4% annually through the end of the decade.
On average, LatAm consumers buy more tires than the U.S. This is because tires wear faster due to poorer road conditions, inconsistent vehicle maintenance and frequent overloading. Many countries also have a thriving market for used tires.
Grand View Research projects a more modest 2.6% CAGR between 2025–2030, with market revenue expected to hit $10.5 billion. In 2024, the region generated nearly $9 billion, accounting for 6.3% of global tire sales, with Brazil leading growth among LATAM countries.
Key demand drivers include:
Vehicle trends: SUVs and pickup trucks continue to surge, with SUVs making up 40.7% of Mexico’s market. EV adoption is also rising: Latin America sold about 90,000 EVs in 2023, led by Brazil, Colombia, Costa Rica, and Mexico. In Brazil, EV registrations tripled year-on-year, while Mexico saw a 17.4% rise in hybrid and EV sales in early 2025, reaching 9.2% market share.
Source: Tire Business click here for full article
