Overview

Buff out: Demand for industry services is projected to continue rising in line with per capita disposable income

IBISWorld’s Car Body Shops in Florida Industry Research Report contains up-to-date data and analysis, allowing you to identify the strengths and potential weaknesses of major companies in the industry. Build your credibility with clients and prospects by sharing insights into the current and emerging trends driving their industry. Our market research gives you the tools to win new business and keep existing clients.

REPORT SNAPSHOT

Industry Threats & Opportunities

  • Consumers have had more financial resources available to invest in minor body work and nonessential aesthetic improvements
  • The number of industry operators in Florida has grown at a faster rate than at the national level
  • As the economy continues to improve, per capita disposable income and access to credit in Florida are projected to rise

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    Industry Analysis & Industry Trends

    The Car Body Shops industry in Florida has grown at a steady rate over the five years to 2017, following the same general trend as the industry at the national level. Growth in demand has been the primary reason for the increase in industry revenue. As per capita disposable income in Florida has risen, consumers have had more financial resources available to invest in minor body work and nonessential aesthetic improvements, such as dent repair or painting services, which they typically put off paying for in economic downturns. Industry revenue is expected to continue increasing over the five years to 2022 as disposable income rises and the number of vehicles on the road grows further, contributing to the potential for more accidents...

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    Industry Report - Starting a New Business Chapter

    Barriers to entry into the Car Body Shops industry in Florida are moderate, which mirrors the industry at the national level. Although market share concentration is low, operators experience start-up capital requirements and regulatory requirements that can make entering the industry more difficult. Despite these barriers, new entrants are often able to establish operations in areas where existing competition is limited, or they might target niche segments of the market, such as limited low-cost repairs, exterior customization or interior van conversions.

    Start-up capital requirements

    Start-up capital requirements can be prohibitive for some prospective entrants into the industry. For..

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    Additional Insights for the Car Body Shops in Florida Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Car Body Shops in Florida Industry are

  • Membership of an industry organization
  • Provision of superior after-sales service
  • Ability to keep direct repair programs
  • IBISWorld analysts also discuss how external factors such as Per capita disposable income in Florida and Average age of vehicle fleet in the Car Body Shops in Florida industry impact industry performance..

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    Look under the hood?

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    Industry Products

    What is the Car Body Shops in Florida Industry?

    This industry provides repair and customization work for the interior and body of passenger cars, trucks, vans and trailers. Some industry operators specialize in specific 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.

    Industry Products
    Body repair services
    Painting services
    Glass replacement and repair
    Upholstery and interior repair
    Merchandise sales
    Detailing services and body conversions
    Other services
    Industry Activities
    Automotive bodywork
    Automotive painting
    Automotive upholstery shop operation
    Automotive interior repair
    Antique and classic automotive restoration
    Truck trailer body shop operation
    Truck trailer paint and body repair
    Van conversion
    Automotive glass shop operation
    Automotive glass tinting

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Per capita disposable income in Florida
  • Average age of vehicle fleet
  • Number of vehicle accidents
  • Access to Credit in Florida
  • Number of motor vehicle registrations

  • Current Performance
  • Increases in business and enterprises
  • Rising profit
  • Chart: Revenue Growth

  • Industry Outlook
  • New technology and slow growth
  • Stable profit
  • Table: Car Body Shops in Florida Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Car Body Shops in Florida Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Automobile Wholesaling
  • Used Car Dealers
  • Property, Casualty and Direct Insurance
  • Couriers & Local Delivery Services

  • Key Selling Industries
  • Glass Product Manufacturing
  • Paint Manufacturing
  • Plastic & Resin Manufacturing
  • Structural Metal Product Manufacturing

  • Products & Services
  • Body repair services
  • Painting services
  • Glass replacement and repair
  • Other services
  • Merchandise sales
  • Upholstery and interior repair
  • Detailing services and body conversions
  • Chart: Car Body Shops in Florida Industry Products and Services Segmentation

  • Major Markets
  • Highest income bracket
  • Middle income bracket
  • Businesses
  • Lowest income bracket
  • Other
  • Chart: Major Market Segmentation for the Car Body Shops in Florida Industry

  • Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Car Body Shops in Florida

  • Basis of Competition
  • Internal
  • External

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Car Body Shops in Florida Industry

  • Major Companies
    Caliber Collision CenterDriven BrandsGerber Collision & GlassService King
  • Table: Caliber Collision Center - financial performance
  • Table: Driven Brands - financial performance
  • Table: Gerber Collision & Glass - financial performance
  • Table: Service King - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Car Body Shops in Florida Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

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

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Car Body Shops in Florida Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Vehicle registration (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Aftermarket Parts
  • Essential car components that are manufactured by a different company than the company that originally manufactured the vehicle.
  • Direct Repair Program (Drp)
  • An agreement between an insurance carrier and a car body shop in which the carrier refers claimants to the particular shop for repairs.
  • Nanoparticles
  • Material used in newer paints to reduce corrosion, fading and scratching, while improving adhesion between paint and a vehicle’s surface.
  • Original Equipment Manufacturer (Oem) Parts
  • Vehicle components produced by the same company that manufactured the car in which they are installed.
  • Why buy this report?

    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 Car Body Shops in Florida:
    • 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 Car Body Shops in Florida 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 Car Body Shops in Florida, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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