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Auto Parts Stores in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Auto Parts Stores in Canada Market Research Report | NAICS 44131CA | Mar 2014

Getting a brake: Stronger demand from commercial clients will help stabilize revenue growth

IBISWorld’s Auto Parts Stores 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.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 09-14
0.6%
Annual Growth 14-19
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Profit
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Employment
27,725
Businesses
3,306
Industry Analysis & Industry Trends

The recession both benefited and hindered the industry. A decline in disposable income and employment resulted in a greater number of consumers transforming into do-it-yourself customers and visiting auto parts stores in order to do their own auto repairs. At the same time, the poor economic climate limited demand from commercial clients, which rely on strong economic conditions to increase production. Over the next five years, disposable income and employment will continue to rise, resulting in weaker demand from consumers, but stronger demand from commercial clients... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Auto Parts Stores industry has a low level of market share concentration. However, consolidation will increase as larger companies attempt to increase their market share. Over the past five years, the number of retailers is expected to decline at an average annual rate of 0.9%.

In 2014, the industry has about 3,306 companies, with none generating more than 5.0% of industry revenue. Furthermore, the top four industry operators account for less than 10.0% of revenue. The industry includes a high number of nonemployers. According to data sourced from Statistics Canada, about 41.7% of companies employ fewer than five people... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Auto Parts Stores Industry?

This industry sells automotive parts and accessories, with the exception of tires. Tire retailers are included in the Tire Dealers industry (IBISWorld report 44132CA).

Industry Products
Automotive partsBatteriesLubricantsAccessories
 
Industry Activities
Selling automotive parts Distributing automotive parts


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