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          1. Automotive Body, Paint, Interior & Glass Repair Industry Profile

            Report Page Length: 10-12
            Last Quarterly Update: 6/8/2020
            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).

            As more vehicles crowd roads worldwide, demand for repair and replacement services is expected to rise. China is the world's largest car market, followed by the US, Europe, and Japan, according to the German Association of the Automotive Industry (VDA). Emerging markets in Latin America and Asia will dominate future growth for cars and car repair. After posting years of rapid growth in passenger car sales, India, which had been expected to overtake Germany and Japan to become by world's third-largest car market by 2020, saw car sales plunge by more than 12% in 2019, the largest drop since 2021. Overall, global car sales declined by about 4% in 2019 versus the prior year, according to VDA.

            The US automotive body, paint, interior, and glass repair industry includes about 41,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $36.5 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 ...

             
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