No quick fix: Better vehicle safety has reduced accident numbers, stalling industry growth

Operators in the Motor Vehicle Body, Paint and Interior Repair industry tend to rely on vehicle accident repairs to generate the bulk of their revenue. Operators also provide elective services such as paintwork, upholstery and interior repairs. Increased vehicle and road safety has reduced the number of vehicle accidents over the past five years, constraining industry revenue growth and demand. The average age of the vehicle fleet has remained stable over the five-year period. Vehicles on the road have better safety features than five years ago, which has reduced the frequency and severity of road accidents. Despite these trends, growth in the number of vehicles on Australian roads, along with higher discretionary incomes, have increased demand for industry services...read more.

Industry Statistics & Market Size
Revenue
$7bn
Annual Growth 13-18
0.1%
Forecast Growth 18-23
Profit
Employment
34,713
Businesses
11,219
Market Share of Companies

Industry Threats & Opportunities

  • Greater vehicle and road safety have reduced accidents, constraining industry revenue growth
  • Insurance companies have contributed to strong industry competition based on price
  • Vehicle safety technology is forecast to reduce the frequency and severity of collisions
  • Industry Report - Industry SWOT Analysis Chapter

    The Motor Vehicle Body, Paint and Interior Repair industry is in the mature phase of its life cycle. Industry value added (IVA) measures an industry's contribution to the overall economy. The industry's IVA is forecast to decline at an annualised 0.2% over the ten years through 2022-23. The industry is therefore expected to underperform Australia's estimated annualised GDP growth of 2.5% over the same period. Although a decreasing IVA usually represents an industry in the decline phase, the Motor Vehicle Body, Paint and Interior Repair industry remains in the mature phase of its life cycle. This is due to larger players that are continuing to expand their operations through mergers and acquisitions, which has caused the number of establishments to grow over the past five years...purchase to read more.

    Additional Insights for the Motor Vehicle Body, Paint and Interior Repair Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Motor Vehicle Body, Paint and Interior Repair Industry are

  • Ability to quickly adopt new technology
  • Proximity to key markets
  • Ensuring pricing policy is appropriate
  • IBISWorld analysts also discuss how external factors such as Number of vehicle accident deaths and Number of motor vehicles in the Motor Vehicle Body, Paint and Interior Repair industry impact industry performance..

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    What's in this report

    What is the Motor Vehicle Body, Paint and Interior Repair Industry?

    Industry companies are primarily engaged in repairing, panelbeating or spray painting damaged or smashed motor vehicles. The industry also includes companies that replace, repair or tint motor vehicle glass, and companies that perform interior or exterior repairs, car wash or cleaning services.

    Industry Products
  • Motor vehicle body repair services
  • Motor vehicle painting services
  • Glass repair and replacement services
  • Car wash, cleaning and detailing services
  • Upholstery and interior repair services
  • Other services
  • Industry Activities
  • Automotive body repair
  • Automotive trimming and interior repair
  • Panelbeating (motor body repairing) and smash repair
  • Automotive rustproofing and undercoating
  • Automotive spray painting and car detailing
  • Car wash and cleaning services
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Number of vehicle accident deaths
  • Number of motor vehicles
  • Average age of vehicle fleet
  • Population aged between 18 and 25

  • Current Performance
  • Participation and profit
  • Vehicle safety
  • Demographics
  • Insurer dominance
  • Chart: Revenue Growth

  • Industry Outlook
  • Safer roads
  • Participation and profit
  • Insurance companies
  • Table: Motor Vehicle Body, Paint and Interior Repair Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Motor Vehicle Body, Paint and Interior Repair Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • General Insurance
  • Consumers

  • Key Selling Industries
  • Motor Vehicle Dismantling and Used Parts Wholesaling
  • Motor Vehicle New Parts Wholesaling
  • Paint and Coatings Manufacturing

  • Products & Services
  • Motor vehicle body repair services
  • Motor vehicle painting services
  • Glass repair and replacement services
  • Car wash, cleaning and detailing services
  • Upholstery and interior repair services
  • Other services
  • Chart: Motor Vehicle Body, Paint and Interior Repair Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Insurers using preferred repairer agreements
  • Households
  • Insurers using independent repairers
  • Other
  • Chart: Major Market Segmentation for the Motor Vehicle Body, Paint and Interior Repair Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation and other expenses
  • Chart: Cost Structure Benchmarking – Sector vs Motor Vehicle Body, Paint and Interior Repair

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Motor Vehicle Body, Paint and Interior Repair Industry

  • Industry Globalization
    AMA Group Limited,
  • Table: AMA Group Limited - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Motor Vehicle Body, Paint and Interior Repair 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 Motor Vehicle Body, Paint and Interior Repair Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Chassis
  • The frame of a motor vehicle on which the body sits, including the wheels and machinery.
  • Genuine Parts
  • Also known as original equipment, these parts are made or certified by motor vehicle manufacturers.
  • Panelbeating
  • The process of repairing vehicle bodies that have been damaged, usually in a collision.
  • Preferred Repairer Agreement
  • A preferential work agreement between a motor vehicle repairer and insurer. These agreements typically involve insurers providing work to a particular repairer to minimise overall costs.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Motor Vehicle Body, Paint and Interior Repair market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

    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 Motor Vehicle Body, Paint and Interior Repair:
    • 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 Motor Vehicle Body, Paint and Interior Repair 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 Motor Vehicle Body, Paint and Interior Repair, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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