Car Body Shops in Canada - Industry Market Research Report

Car Body Shops in Canada - Industry Market Research Report

Published: May 2017
Publisher: IBISWorld
Product ref: 278237
Pages: 31
Format: PDF
Delivery: Immediate download

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Price: $825.00

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Car Body Shops in Canada

The majority of operators in the Car Body Shops industry have experienced a relatively smooth ride over the past five years. Increasing demand for repairs and discretionary services, such as window tinting, has boosted demand for industry services. Existing vehicles are increasingly being fixed and upgraded, bolstering industry revenue over the period. Rising consumer confidence has enticed consumers to spend more liberally, sparking an increase in big-ticket purchases like automobiles; however, volatile commodity markets and shaky economic growth has deterred some consumers from seeking out cosmetic repairs over the period, which has tempered industry growth. As the total number of vehicles on the road increases, the likelihood of accidents and collisions rises, which drives up demand for industry services. In 2017, the number of motor vehicle registrations is expected to grow. Over the next five years, industry operators are anticipated to continue contending with the increasing safety of newer vehicles.

This industry includes establishments that are primarily engaged in providing repair, paint and customization work to the interior and body of passenger cars, trucks, vans and trailers. Some industry operators specialize in certain 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.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

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Related research categories

By sector: Cars, General industry

By market: Canada (in North America)

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