Driving force: Strong consumer demand and low purchase costs drive industry revenue growth

The Car Wholesaling industry has benefited from a range of factors that have boosted the number of motor vehicles in New Zealand over the past five years. Rising discretionary incomes over the period have increased consumer demand for cars, with many consumers upgrading their car or purchasing a second car. Positive consumer sentiment throughout the past five years has also stimulated consumer demand for cars, which has boosted demand from the motor vehicle dealers downstream market. In addition, the cost of fuel has declined over the past five years, due to a sharp decrease in the world price of crude oil. Cheaper petrol prices have encouraged many consumers to purchase new or used cars...read more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23

Industry Threats & Opportunities

  • Most cars in New Zealand are imported, with only a fraction of cars on the road locally produced
  • Lower car and fuel prices have driven consumer demand for industry products
  • The projected depreciation of the New Zealand dollar is likely to boost the cost of cars
  • Industry Report - Industry Investment Chapter

    The Car Wholesaling industry exhibits moderate capital intensity. For every dollar spent on capital, an estimated $5.75 is spent on wages. Industry operations require a balance of both labour functions and capital equipment. Labour is needed for a variety of tasks, including product sourcing, sales, after-sales services and distribution. Capital equipment is also used for a range of tasks, including stock management and administration. Capital intensity has increased marginally over the past five years. Car wholesalers have increasingly invested in automated communication and inventory systems to improve operating efficiencies...purchase to read more.

    Additional Insights for the Car Wholesaling Industry

    IBISWorld has determined the most important Key Success Factors for the Car Wholesaling are:

  • Having a cost effective distribution system
  • Provision of superior after sales service
  • Superior financial management and debt management
  • IBISWorld analysts also discuss how external factors such as Demand from motor vehicle retailing and Trade-weighted index in the Car Wholesaling industry impact industry performance..

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    What's in this report

    What is the Car Wholesaling in New Zealand Industry?

    Industry operators are engaged in the wholesale of new and used passenger motor vehicles.

    Industry Products
  • SUVs
  • Small and light passenger vehicles
  • Medium and large passenger vehicles
  • Other vehicles
  • Industry Activities
  • New car wholesaling
  • New SUV wholesaling
  • Used car wholesaling
  • Used SUV wholesaling
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from motor vehicle retailing
  • Trade-weighted index
  • Motor vehicle price index
  • Real household discretionary income
  • World price of crude oil

  • Current Performance
  • Revenue and profitability
  • Imports
  • Other demand drivers
  • Industry structure
  • Chart: Revenue Growth

  • Industry Outlook
  • Revenue and profitability
  • Future demand trends
  • Industry structure
  • Table: Car Wholesaling Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Car Wholesaling Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Taxi and Limousine Transport in New Zealand
  • Passenger Car Rental and Hiring in New Zealand
  • Motor Vehicle Retailing in New Zealand

  • Key Selling Industries
  • Road Freight Transport in New Zealand
  • Water Freight Transport in New Zealand

  • Products & Services
  • SUVs
  • Small and light passenger vehicles
  • Medium and large passenger vehicles
  • Other vehicles
  • Chart: Car Wholesaling Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Motor vehicle dealers
  • Fleet buyers
  • Chart: Major Market Segmentation for the Car Wholesaling Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Car Wholesaling

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Car Wholesaling Industry

  • Industry Globalization
    Toyota New Zealand Limited, Holden New Zealand Limited, Ford Motor Company of New Zealand Limited, Mazda Motors of New Zealand Limited,
  • Table: Toyota New Zealand Limited - financial performance
  • Table: Holden New Zealand Limited - financial performance
  • Table: Ford Motor Company of New Zealand Limited - financial performance
  • Table: Mazda Motors of New Zealand Limited - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Car Wholesaling 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 Wholesaling Industry
  • 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
    After-Sales Services
  • Services provided by an industry operator to a customer, largely fleet buyers, after the initial sale, such as repair and maintenance.
  • Electric Vehicles (Evs)
  • Vehicles that are fully powered by electricity or use a combination of fuel and electricity to power the vehicle.
  • Micro Car
  • This is the smallest type of car available. Microcars tend to have a one cylinder engine and a maximum of two seats, including the driver’s seat.
  • Suv
  • Sports utility vehicle that is typically a four-wheel drive and has enough room to fit both passengers and cargo inside.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Car Wholesaling in New Zealand market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

    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 Wholesaling in New Zealand:
    • 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 Wholesaling in New Zealand 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 Wholesaling in New Zealand, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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