Revenue for the Auto Parts Stores industry in China is estimated at $56.0 billion in 2017, up 6.1% for the year, and with annualized growth of 11.4% over the past five years. Growth in the Automobile Manufacturing industry (IBISWorld industry report 3721) over the past few years has stimulated the industry's development in the past five years.There are about 277,562 auto parts stores in China employing 553,273 people with a payroll of $2.2 billion. Business models in this industry include independent stores, auto parts trade centers, auto parts chain stores, auto parts supermarkets and joint purchase alliances. Establishments in this industry are mostly individual auto parts stores located in auto parts trade centers...purchase to read more.

Industry Report - Industry SWOT Analysis Chapter

The Auto Parts Stores industry in China is in the mature phase of its life cycle, based on several recent industry developments.In the ten years to 2022, industry value added is expected to increase at an annualized growth rate of 8.4%, higher than China's overall GDP growth. In the following five years, its growth is expected to slow to an annualized rate of 5.7%. This is due to low profit margins and moderate growth in total industry wages. Rising production costs of manufacturers and intense competition among automotive component retailers both lead to low profit margins of retailers.Domestic demand for automotive components and accessories is substantial, as the motor vehicle stock in China increases substantially. In ...purchase to read more.

Additional Insights for the Auto Parts Stores Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Auto Parts Stores Industry are

  • Proximity to key markets
  • Having a cost effective distribution system
  • Being part of a group buying, promotion and marketing scheme
  • IBISWorld analysts also discuss how external factors such as Economic Indicators - Total Motor Vehicle Registrations and Average Age of Vehicle Fleet - Total in the Auto Parts Stores industry impact industry performance..

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    What's in this report

    What is the Auto Parts Stores Industry?

    Auto parts stores in China retail automobile parts and accessories, including tires. Sales of automobile parts and accessories at the time of repair by automobile repair establishments are not included in this industry.

    Industry Products
  • Tires
  • Engine components
  • Electrical and electronic components
  • Automobile body components
  • Transmission and control components
  • Suspension frame and braking components
  • Other automobile components and accessories
  • Industry Activities
  • Tire retailing
  • Engine components retailing
  • Chassis components retailing
  • Automobile body components retailing
  • Transmission and control components retailing
  • Suspension frame and braking components retailing
  • Electrical and electronic components retailing
  • Other automobile parts and accessories retailing
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Economic Indicators - Total Motor Vehicle Registrations
  • Average Age of Vehicle Fleet - Total
  • Motor Vehicle Use - Average miles driven per vehicle
  • Economic Indicators - Reliability of New Vehicles
  • Industry Competition - Automotive Repair and Services
  • Industry Regulation

  • Current Performance
    Industry revenueIndustry profitabilityDomestic demandAuto parts distribution system in ChinaTypes of auto parts storesEnterprises and establishmentsEmployment and total industry wages
  • Chart: Revenue Growth

  • Industry Outlook
  • Table: Auto Parts Stores Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Auto Parts Stores Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Car Repair Services
  • Households

  • Key Selling Industries
  • Auto & Parts Wholesaling
  • Auto Parts Manufacturing
  • Automobile Body and Trailer Manufacturing
  • Automotive Lighting and Signaling Equipment Manufacturing
  • Scientific Instrument Manufacturing
  • Tire Manufacturing

  • Products & Services
  • Tires
  • Engine components
  • Electrical and electronic components
  • Automobile body components
  • Transmission and control components
  • Suspension frame and braking components
  • Other automobile components and accessories
  • Chart: Auto Parts Stores Industry Products and Services Segmentation

  • Demand Determinants
  • Registered vehicle numbers
  • Vehicle usage rates
  • Sales mix of new vehicles
  • Number of vehicles coming off warranty
  • The durability of automotive parts in use
  • DIY market

  • Major Markets
  • Domestically produced car owners
  • Domestically produced light-duty freight automobile owners
  • Imported automobile owners
  • Domestically produced small passenger automobile owners
  • Domestically produced medium-duty freight automobile owners
  • Domestically produced mini automobile owners
  • Domestically produced large and medium passenger automobile owners
  • Domestically produced heavy-duty freight automobile owners
  • Chart: Major Market Segmentation for the Auto Parts Stores Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Rent
  • Storage and distribution
  • Depreciation
  • Other expenses
  • Chart: Cost Structure Benchmarking – Sector vs Auto Parts Stores

  • Basis of Competition
  • Price
  • Brand recognition
  • Product diversity and availability
  • Relationship with suppliers
  • Store location and parking
  • Customer service
  • Marketing strategies
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Auto Parts Stores Industry

  • Industry Globalization
    Jiangsu Gaoli Group, Shanghai Datang Auto Parts Chain Co., Ltd., Lamba Auto Parts Chain Stores Co., Ltd., Shanghai Haimeng Auto Parts Chain Stores Co., Ltd., Shanghai Topart Enterprise Development Co., Ltd.,
  • Table: Jiangsu Gaoli Group - financial performance
  • Table: Shanghai Datang Auto Parts Chain Co., Ltd. - financial performance
  • Table: Lamba Auto Parts Chain Stores Co., Ltd. - financial performance
  • Table: Shanghai Haimeng Auto Parts Chain Stores Co., Ltd. - financial performance
  • Table: Shanghai Topart Enterprise Development Co., Ltd. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Auto Parts Stores Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Auto Parts Stores Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Total Assets (2008-2022)
  • Domestic Automobile Numbers in China (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Chassis
  • The rectangular, usually steel frame, supported on springs and attached to the axles, that holds the body and motor of an automotive vehicle.
  • Do-It-Yourself (Diy) Market
  • Automobile owners who tend to repair and maintain their autos by themselves.
  • Original Equipment (Oe) Parts
  • Equipment produced by the automobile manufacturer for use in its own automobiles.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Auto Parts Stores market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Auto Parts Stores:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Auto Parts Stores market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Auto Parts Stores, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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