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Auto Parts Wholesaling in Canada - Industry Market Research Report

Publisher IBISWorld
Published Jan 01, 2025
Length 70 Pages
SKU # IBSS19493090

Description

Auto Parts Wholesaling in Canada - Industry Market Research Report


Auto Parts Wholesaling in Canada

Auto parts wholesalers in Canada has contracted over the five years to 2023, stemming from COVID-19, which substantially impacted demand from downstream markets in 2020 and 2021. These wholesalers struggled with cementing its place within the automotive supply chain with auto parts manufacturers expansively solidifying their ties with automakers directly. In 2020, a steep reduction in the production and sales of new vehicles, as well as less driving by consumers, reduced demand for auto parts. Overall, auto parts wholesalers are expected to drop at a CAGR of 1.2% to $18.9 billion through the end of 2023, despite higher downstream demand in 2023 that is estimated to contribute to a 2.2% boost in revenue during the year. Auto parts wholesalers' profit is expected to inch down during the current period as negative domestic economic conditions brought upon by COVID-19 negatively influenced demand for new auto parts in 2020 and 2021 and a global semiconductor shortage led to reduced production from domestic automobile manufacturers.

The Auto Parts Wholesaling industry in Canada is primarily engaged in wholesaling new and rebuilt automotive parts and accessories, auto body and upholsterers’ suppliers and automotive chemicals. Sales of new tires and tubes are not included.

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.

Table of Contents

70 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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