Industry Analysis & Industry Trends
Operators in the Car Body Shops industry have been driving on a bumpy road over the past five years. The recession has had lingering effects on the industry, with consumers holding off on essential repairs and pulling back on discretionary services like paint jobs. Over the five years to 2020, the industry is expected to grow in line with a strengthening economy; however, consumers will prefer to buy new cars rather than have their older cars repaired, threatening demand for industry services. Furthermore, manufacturers are introducing safety technologies into new cars, which will reduce collisions, something that this industry depends on for work... purchase to read more
Industry Report - Industry Locations Chapter
The industry is generally spread according to the distribution of the US population, and particularly the distribution of those aged 16 years and older, which is reflective of the correlation between the population that is of legal driving age and the potential for driving accidents. The United States has one of the highest car usage rates per capita in the world; therefore, the concentration of automotive repair and maintenance businesses around population clusters is expected. Industry operators are also located close to motor vehicle manufacturers. Industry activity is concentrated in the Southeast, Great Lakes and West regions.
The Southeast accounts for the largest share of industry establishments at 22.9% and the highest share of the total US population (25.4%)... purchase to read more