Car Body Shops in Canada - Industry Market Research Report
Description
Car Body Shops in Canada
Car body shops offer necessary and discretionary services for a variety of vehicles, ranging from painting and window tinting to bodywork repairs. Body shops have contended with volatile conditions in recent years as the pandemic shook both the world and Canadian economies. Although body shops were deemed essential businesses, demand dropped significantly as lockdowns kept people from driving. The prices of key commodities shot up in the wake of pandemic-related restrictions as supply lagged behind surging demand, pressuring profit. Altogether, Canadian car body shop revenue has been falling at a CAGR of 0.4% to $7.6 billion, despite an anticipated growth of 5.3% in 2023 alone.
The Car Body Shops industry in Canada includes operators that are primarily engaged in providing repair, paint and customization work to the interior and body of passenger cars, trucks, vans and trailers. Some industry operators specialize in certain auto repairs. For example, paint shops specialize in post-collision paint jobs, while automotive glass shops replace, repair and tint windows. Restoration shops, which typically represent a niche market, restore classic and antique cars.
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.
Car body shops offer necessary and discretionary services for a variety of vehicles, ranging from painting and window tinting to bodywork repairs. Body shops have contended with volatile conditions in recent years as the pandemic shook both the world and Canadian economies. Although body shops were deemed essential businesses, demand dropped significantly as lockdowns kept people from driving. The prices of key commodities shot up in the wake of pandemic-related restrictions as supply lagged behind surging demand, pressuring profit. Altogether, Canadian car body shop revenue has been falling at a CAGR of 0.4% to $7.6 billion, despite an anticipated growth of 5.3% in 2023 alone.
The Car Body Shops industry in Canada includes operators that are primarily engaged in providing repair, paint and customization work to the interior and body of passenger cars, trucks, vans and trailers. Some industry operators specialize in certain auto repairs. For example, paint shops specialize in post-collision paint jobs, while automotive glass shops replace, repair and tint windows. Restoration shops, which typically represent a niche market, restore classic and antique cars.
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
40 Pages
- TABLE OF CONTENTS
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
Search Inside Report
Pricing
Currency Rates
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