Motor vehicle parts retailers have enjoyed steady trading conditions over the past five years, with industry revenue expected to rise by an annualised 2.1% to $4.6 billion in 2014-15. Unlike other retail trade industries, the collapse of global financial markets and subsequent uncertainty across the domestic economy did not deter consumers from buying automotive parts. Rather, consumers became more likely to buy new parts or seek used parts at a lower cost instead of buying a new motor vehicle, motorcycle or scooter. Industry revenue is forecast to rise by 2.3% over 2014-15 to reach $4.6 billion.
Industry operators primarily sell new or used parts and accessories for motor vehicles, motorcycles and scooters. They also sell automotive air conditioning and automotive batteries. The installation of air conditioners and car audio systems is excluded from the industry. Tyres and tubes for motor vehicles, motorcycles and scooters are also excluded.
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.