Operators in the Car Body Shops industry have been driving on a bumpy road over the past five years. The recession has had lingering effects on the industry, with consumers holding off on essential repairs and pulling back on discretionary services like paint jobs. Over the five years to 2019, the industry is expected to grow in line with a strengthening economy; however, consumers will prefer to buy new cars rather than have their older cars repaired, threatening demand for industry services. Furthermore, manufacturers are introducing safety technologies into new cars, which will reduce collisions, something that this industry depends on for work.
This industry provides repair and customization work to the interior and body of passenger cars, trucks, vans and trailers. Some industry operators specialize in specific auto repairs; for example, paint shops specialize in post-collision paint jobs, while automotive glass shops replace, repair and tint windows. Restoration shops, which typically represent a niche market, restore classic and antique cars.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.