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Automotive Parts & Accessories Stores

Publisher First Research, Inc.
Published Aug 18, 2025
SKU # FRRS20314477

Description

Brief Excerpt from Industry Overview Chapter:Companies in this industry operate physical retail establishments that sell new, used, and/or repaired automobile parts and accessories, as well as repair and install automotive accessories. Major companies include Advance Auto Parts, AutoZone, and The Pep Boys (all based in the US), as well as ATU (Germany); AUTOBACS SEVEN and Yellow Hat (both based in Japan); Halfords Group (UK); and Supercheap Auto (Australia).COMPETITIVE LANDSCAPEDemand for automobile parts is driven by the age and mileage of vehicles in use and generally increases when fewer new cars are sold and older cars are kept on the road longer. The profitability of individual companies depends largely on inventory management and marketing. Large companies have economies of scale in purchasing and distribution. Small companies can compete effectively by carrying specialized parts or providing extra services such as fast delivery. The US industry is concentrated: the 50 largest companies generate about 60% of industry revenue. The four largest companies account for about 50% of industry revenue.PRODUCTS, OPERATIONS & TECHNOLOGYAutomotive parts and supplies account for about 35% of the industry sales. Other revenue sources for the industry include wholesale sales of automotive parts and accessories (roughly 10%) and plumbing, electrical, and HVAC supplies (less than 5%). Because products are used on vehicles after their original sale, the industry is considered part of the motor vehicle aftermarket. Products are sold to two main groups of customers. Do-it-yourself (DIY) customers are consumers who...

Table of Contents

Industry Overview
Quarterly Industry Update
Business Challenges
Business Trends
Industry Opportunities
Call Preparation Questions
Financial Information
Industry Forecast
Web Links and Acronyms

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