The Smash Repairing industry is a bit of a wreck. Industry revenue is estimated to decline by an annualised 3.7% over the five years through 2012-13 to reach $4.52 billion. Smash repairers require damaged vehicles for business. However, the number of collisions fell over the past five years. Improved vehicle technology, such as anti-lock braking and traction control, led to fewer crashes, particularly severe ones. To make things worse for the industry, the average age of motor vehicles has been falling. This is troubling for repairers, as newer vehicles are less prone to crashes.
Smash repairers are generally small, privately owned businesses. They mainly carry out post-collision repair work, including panel beating and spray-painting of motor vehicles.
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.