Automotive Body, Paint, Interior & Glass Repair Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 2/6/2017
SIC Codes: 7532, 7536
NAICS Codes: 81112
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
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Excerpt from Automotive Body, Paint, Interior & Glass Repair Industry Profile

Companies in this industry are primarily engaged in providing automotive body, paint, interior, and glass repair and replacement services for passenger cars and light trucks. Major companies include Maaco, Pittsburgh Glass Works, Safelite Group (a subsidiary of Belron SA), and Service King Paint & Body (all based in the US), as well as Carglass and Belron (both in Europe).

With more vehicles crowding roads worldwide, demand for repair and replacement services also is expected to rise. China is the world's largest car market, followed by the US and the European Union. Emerging markets will dominate future growth for cars and car repair. India will become the world's third-largest car market (behind China and the US) by 2025, with 7.4 million vehicles on the road, according to Goldman Sachs' Cars 2025 report.

The US automotive body, paint, interior, and glass repair industry includes about 40,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $35 billion.

COMPETITIVE LANDSCAPE

Demand depends the number of cars on the road and on miles driven. Severe weather events such as hail storms and flooding, may trigger localized spikes in demand for auto body and glass repair, as well as paint services. The profitability of individual companies depends on convenient locations and effective marketing. Large companies can maximize use of expensive equipment, such as state-of-the-art paint booths, and have advantages in purchasing, ...

 
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