The Motor Vehicle Body, Paint and Interior Repair industry relies on vehicle accidents to generate revenue. A combination of safer new vehicles and more risk-averse drivers has reduced vehicle accidents and decreased demand for the industry's services. New car sales have remained strong following a big spike after the global financial crisis, meaning that more consumers drive vehicles with advanced safety features. As fewer consumers have traded-in or disposed of their older vehicles, the average age of the domestic vehicle fleet has remained stable over the past five years.
The industry includes companies that are primarily engaged in repairing, panel beating or spray painting smashed or damaged motor vehicles. The industry also includes companies primarily engaged in replacing, repairing or tinting automotive glass and companies primarily engaged in interior repairs, car wash or cleaning services.
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.