Overview

IBISWorld’s Procurement Research Reports cover thousands of indirect purchasing lines. Our data and analysis help you strategically engage and negotiate with suppliers and give you the credibility to work with internal stakeholders and executives. IBISWorld’s Towing Services procurement research provides price trends and forecasts, supplier benchmarks and negotiation questions all intended to give your company leverage during the sourcing process.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard
REPORT SNAPSHOT

Towing Services - Recent Price Trend

During the three years to 2017, towing service prices have been increasing mildly at an estimated rate of 0.3% per year on average. Rising demand has been pressuring service prices upward during the period; however, falling fuel costs for suppliers and significant competition has slowed price growth substantially.Heightened demand for towing services has been the primary cause of rising market...

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Towing Services - Total Cost of Ownership

The total cost of ownership for towing services is low for most buyers, although it can be moderate depending on the buyer and agreement type. The majority of additional costs for towing services are applied to the vehicle’s owner at pickup, rather than the holder of the towing service contract. However, in some cases, the person or entity who calls for a tow is also responsible for the vehicle,...

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About this Report

This report is intended to assist buyers of towing services, which are used to haul vehicles that are parked illegally, involved in an accident or otherwise disabled. This report focuses on contractual buyers of towing services, rather than one-time consent towing by consumers. Major buyers of towing services include municipalities, transportation authorities, private property managers and parking lot managers. The majority of towing service providers are small businesses primarily serving their local area, although some suppliers are large enough to serve an entire county or greater region. This report excludes auto repair services and other types of roadside assistance services.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Regulation
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
  Imports
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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