Chugging along: Consumers favouring industry products over new vehicles has supported growth

IBISWorld’s Motor Vehicle Parts Retailing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.


Industry Threats & Opportunities

  • Disposable income growth has driven retail demand for automotive parts and accessories
  • The second-hand market has been growing due to consumer preferences for repairing vehicles
  • The new parts market will likely continue to account for a larger share of sales than used parts

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    Industry Analysis & Industry Trends

    Motor vehicle parts retailers have recorded steady revenue growth over the past five years. Industry revenue is expected to increase at an annualised 2.3% over the five years through 2016-17, to reach $4.9 billion. Unlike many other retail trade industries, trading conditions across the Motor Vehicle Parts Retailing industry have remained somewhat protected from global economic uncertainty, as many consumers have been more likely to buy new or used parts instead of purchasing a new motor vehicle. Industry revenue is expected to continue its steady rise in the current year, with revenue increasing by 2.4%...

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    Industry Report - Starting a New Business Chapter

    The Motor Vehicle Parts Retailing industry exhibits low barriers to entry. Low competition and moderate concentration provide incentives for new operators to enter the industry. The specialised nature of products sold by operators suggests that external players have little influence on the industry.

    Low capital intensity, a slow rate of technological change and light regulation and assistance also assist new players in entering the industry. Capital investment for new operators is linked to the availability of funds for purchasing an existing business or joining a franchised business model. While these investment requirements may be significant, the daily capital requirements for ongoing businesses are minimal. Key..

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    Additional Insights for the Motor Vehicle Parts Retailing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Motor Vehicle Parts Retailing Industry are

  • Ability to control stock on hand
  • Attractive product presentation
  • Membership to buying group
  • IBISWorld analysts also discuss how external factors such as Real household disposable income and Consumer sentiment index in the Motor Vehicle Parts Retailing industry impact industry performance..

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    Industry Products

    What is the Motor Vehicle Parts Retailing Industry?

    Industry operators primarily sell new or used parts and accessories for motor vehicles, motorcycles and scooters. They also sell automotive air conditioning and automotive batteries. The installation of air conditioners and car audio systems is excluded from the industry. Tyres and tubes for motor vehicles, motorcycles and scooters are also excluded.

    Industry Products
    Motor vehicle parts
    Motor vehicle accessories
    Industry Activities
    Automotive air conditioning retailing
    Automotive battery retailing
    Car audio retailing
    Motorcycle or scooter parts and accessories retailing
    Motor vehicle accessory retailing
    Motor vehicle parts retailing

    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
  • Real household disposable income
  • Consumer sentiment index
  • Number of motor vehicles
  • Average age of vehicle fleet

  • Current Performance
  • Trading conditions
  • Growth and profit trends
  • Enterprises and employment
  • Chart: Revenue Growth

  • Industry Outlook
  • Demand factors
  • Trading conditions
  • Enterprises and employment
  • Table: Motor Vehicle Parts Retailing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Motor Vehicle Parts Retailing Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Cut and Sewn Textile Product Manufacturing
  • Motor Vehicle Dismantling and Used Parts Wholesaling
  • Motor Vehicle New Parts Wholesaling
  • Motor Vehicle Parts and Accessories Manufacturing

  • Products & Services
  • Motor vehicle parts
  • Motor vehicle accessories
  • Chart: Motor Vehicle Parts Retailing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Highest household income quintile
  • Wholesale trade
  • Third household income quintile
  • Fourth household income quintile
  • Second household income quintile
  • Lowest household income quintile
  • Chart: Major Market Segmentation for the Motor Vehicle Parts Retailing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Motor Vehicle Parts Retailing

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Motor Vehicle Parts Retailing Industry

  • Industry Globalization
    Major Companies
    Super Retail Group LimitedBapcor LimitedGPC Asia Pacific Holdings Pty Ltd
  • Table: Super Retail Group Limited - financial performance
  • Table: Bapcor Limited - financial performance
  • Table: GPC Asia Pacific Holdings Pty Ltd - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Motor Vehicle Parts Retailing 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 Motor Vehicle Parts Retailing Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Automotive Aftermarket
  • Retail sale of motor vehicle parts and accessories used to repair or enhance vehicles after they are sold by the original manufacturers to end consumers.
  • Average Age Of Vehicle Fleet
  • Represent the number of years since a vehicle was first manufactured as an average of all vehicles which are registered in Australia.
  • Factory Reconditioned Parts
  • Automotive part that has come from a used vehicle and has been cleaned, tested and is safe for use.
  • 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 Motor Vehicle Parts Retailing:
    • 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 Parts Retailing 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 Parts Retailing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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