Shifting gears: Consumers will resume spending on services, but external competition remains a threat
The Oil Change Services market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.
Industry Statistics & Market Size
Annual Growth 08-13
Annual Growth 13-18
Industry Analysis & Industry Trends
Ready for a change
While the recession caused consumers to delay vehicle maintenance, demand for the industry will return in line with growth in disposable incomes and the number of cars on the road. Firms will look to adapt their services to new vehicles and build strong customer relationships in order to succeed. However, a modest increase in new car sales will cause the average age of the vehicle fleet to drop, hampering demand for industry services... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Oil Change Services industry is in the decline phase of its life cycle. Industry value added, which measures the industry's contribution to the overall economy, is expected to grow at an average annual rate of 1.6% over the 10 years to 2018. GDP is anticipated to grow at an annualized rate of 2.1% over the same period. Additionally, the number of industry operators is rising at a meager annualized rate of 0.7% from 2008 to 2018. The industry has suffered from external competition due to major retailers offering oil changes at discounted rates. Partly because of this fact, oil changes are a very price sensitive offering, and the price for this service has been dropping significantly during the past five years... purchase to read more
What is the Oil Change Services Industry?
Industry operators change motor oil, lubricate the chassis of automotive vehicles and provide other automotive repair and maintenance services, such as tire rotations and liquid flushes. Unlike auto mechanics, companies in this industry do not provide mechanical and electrical repair and maintenance. Industry operators are also not involved in body, paint, interior and glass repair. Companies that provide car wash services are also not included.
Oil changesCabin air filter servicesTire rotationsTransmission flush services
Providing automotive oil change and lubrication servicesProviding automotive emissions testing servicesProviding automotive rustproofing and undercoating servicesProviding automotive safety inspection servicesProviding automotive tire repair services (except retreading)Providing diagnostic testing without repair servicesProviding emissions testing with repair servicesSpray-on bed liner installation for trucks