Auto Parts Stores in Canada
The Auto Parts Stores industry provides widely accepted automotive parts and accessories, such as engine pumps, batteries, radiators, thermostats and brake fluid. Bolstered by improving economic conditions, such as falling unemployment and rising disposable income, industry revenue is expected to grow. Industry revenue is projected to trend higher over the next five years. Disposable income and employment levels will continue to rise, resulting in weaker demand from consumers, but stronger demand from commercial clients. As disposable income rises, demand from consumers will decline due to the increasing number of new vehicle sales.
This industry sells automotive parts and accessories, with the exception of tires. Tire retailers are included in the Tire Dealers industry (IBISWorld report 44132CA).
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.