Battery Store Franchises
Over the five years to 2018, Battery Store Franchises industry operators benefited from broad economic improvements in the United States. Rising per capita disposable income enabled consumers to spend more money on goods during the period. As e-commerce continues to represent the biggest external threat to industry operators, the industry's largest players have rapidly expanded to gain market share moving forward. Over the five years to 2023, the industry is expected to decline slightly. As the percentage of services conducted online grows and external competitors take advantage of changing consumer trends, industry operators are expected to struggle. However, a bright spot for industry operators will be consumer spending trends, as consumer spending is expected to increase.
Establishments in this industry sell and repair batteries of all types. Franchisors collect used batteries from franchisees and supply them with refurbished batteries. This industry pertains solely to the operation of franchised outlets and excludes nonfranchise data.
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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