Changing gears: Economic recovery signals growing demand for paint and dent repairs

The Car Body Shops industry has improved steadily over the past five years. Industry revenue has experienced steady growth since 2012, reflecting steady increases in per capita disposable income and motor vehicle registrations, alongside aging vehicle fleets. Stricter regulations have pushed car manufacturers to include heavy safety provisions for the driver, and these advanced technologies in new vehicles have led to fewer collisions over the past five years, resulting in a smaller client base for industry operators. This smaller client base has also led to overcapacity among industry operators; consequently, operators have either consolidated operations or exited the industry entirely...read more.

Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 12-17
2.7%
Forecast Growth 17-22
Profit
Employment
16,737
Businesses
5,458
Market Share of Companies
What Our Customers Say

Industry Threats & Opportunities

  • The number of new cars purchased instead of old ones may limit growth among industry body shops
  • Heightened competition has induced a contraction in the number of industry operators
  • As the economy continues improving, consumers will be more likely to spend money on major repairs
  • Industry Report - Starting a New Business Chapter

    The Car Body Shops industry in New York has moderate barriers to entry. Although the industry experiences a low degree of market share concentration, some barriers like start-up capital costs can make entering the industry difficult. Despite these barriers, there is some scope for new entrants to enter the market. New operators may find it easier to set up in urban areas where there is limited existing competition, or they might target a niche segment, such as low-cost repairs for the elderly, exterior customization of cars for small businesses and individuals or interior van conversions.Start-up capital requirementsStart-up capital requirements are prohibitive for some prospective entrants. Sta...purchase to read more.

    Additional Insights for the Car Body Shops in New York Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Car Body Shops in New York 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 New York and New car sales in the Car Body Shops in New York industry impact industry performance..

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    What is the Car Body Shops in New York Industry?

    This industry provides repair and customization work to 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, upholstery and interior replacement and repair
  • Merchandise sales
  • Other (Wheel alignment, washing, detailing and body conversion)
  • 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
  • Similar Industries
  • Manufacturing
  • Car & Automobile Manufacturing
  • Auto Mechanics
  • Car Wash & Auto Detailing
  • Auto Mechanics in California
  • Car Body Shops in California
  • Car Washes & Oil Change Shops in California
  • Auto Mechanics in New York
  • Car Washes & Oil Change Shops in New York
  • Auto Mechanics in Illinois
  • Car Body Shops in Illinois
  • Car Wash & Auto Detailing in Illinois
  • Car Body Shops in Texas
  • Auto Mechanics in Texas
  • Auto Mechanics in Florida
  • Car Body Shops in Florida
  • Car Wash & Auto Detailing in Florida
  • Auto Mechanics in Massachusetts
  • Car Body Shops in Massachusetts
  • Car Wash & Auto Detailing in Massachusetts
  • Car Body Shops in Ohio
  • Auto Mechanics in Ohio
  • Car Wash & Auto Detailing in Ohio
  • Auto Mechanics in Pennsylvania
  • Car Body Shops in Pennsylvania
  • Auto Mechanics in New Jersey
  • Car Body Shops in New Jersey
  • Auto Mechanics in Georgia
  • Car Body Shops in Georgia
  • Car Wash & Auto Detailing in Georgia
  • Auto Mechanics in Michigan
  • Car Body Shops in Michigan
  • Auto Mechanics in Wisconsin
  • Car Wash & Auto Detailing in Wisconsin
  • Auto Mechanics in Washington
  • Car Wash & Auto Detailing in Washington
  • Auto Mechanics in Virginia
  • Car Wash & Auto Detailing in Virginia
  • Auto Mechanics in Tennessee
  • Car Wash & Auto Detailing in Tennessee
  • Auto Mechanics in Missouri
  • Car Body Shops in Missouri
  • Car Wash & Auto Detailing in Missouri
  • Auto Mechanics in North Carolina
  • Car Wash & Auto Detailing in North Carolina
  • Auto Mechanics in Minnesota
  • Car Wash & Auto Detailing in Minnesota
  • Auto Mechanics in Maryland
  • Car Wash & Auto Detailing in Maryland
  • Auto Mechanics in Colorado
  • Car Wash & Auto Detailing in Colorado
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Per Capita Disposable Income in New York
  • New car sales
  • Number of vehicle accidents
  • Average age of vehicle fleet
  • Number of motor vehicle registrations

  • Current Performance
  • Demand rises and new vehicles offer mixed results
  • Direct repair programs and profit
  • Chart: Revenue Growth

  • Industry Outlook
  • Mixed demand
  • Profit
  • Table: Car Body Shops in New York Industry Revenue Outlook

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

  • 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
  • Other (Wheel alignment, washing, detailing and body conversion)
  • Painting services
  • Glass, upholstery and interior replacement and repair
  • Merchandise sales
  • Chart: Car Body Shops in New York Industry Products and Services Segmentation

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

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesLaborRent and utilitiesOther
  • Chart: Cost Structure Benchmarking – Sector vs Car Body Shops in New York

  • Basis of Competition
    InternalExternal
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Car Body Shops in New York Industry

  • Driven Brands Inc.
  • Table: Driven Brands Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Car Body Shops in New York 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 Car Body Shops in New York Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Vehicle registrations (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Aftermarket Parts
  • Essential car components manufactured by a company other than the manufacturer of the vehicle.
  • Crash Rate
  • The average percentage of registered motor vehicles involved in accidents annually.
  • Direct Repair Program (Drp)
  • An agreement between insurance companies and car body shops in which insurance companies refer claimants to a particular shop to get their car repaired.
  • Nanoparticles
  • Used in newer paints as fillers which reduce corrosion, fading and scratching while creating a better bond between paint and the surface of the car.
  • Why buy this report?

    IBISWorld’s industry research report on Car Body Shops in New York contains five-year forecasts and data analysis that can help you identify and mitigate risks in potential new markets. Position yourself as an expert with internal stakeholders by using our comprehensive industry research to inform your reports, proposals and presentations. Our business information will save you money by helping you make better decisions, faster.

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

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