Industry Analysis & Industry Trends
The Auto Parts Stores industry provides widely accepted automotive parts and accessories, such as engine pumps, batteries, radiators, thermostats and brake fluid. Bolstered by improving economic conditions, such as falling unemployment and rising disposable income, industry revenue is expected to grow. In the coming years, disposable income and employment levels 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
In 2016, the Auto Parts Stores industry has a low level of market share concentration. Although the industry is expected to remain highly fragmented over the five years to 2016, consolidation is expected to increase as larger companies attempt to increase their market share. Nevertheless, the number of industry participants is anticipated to grow at an annualized rate of 5.1% over the five-year period.
In 2016, the industry has about 5,203 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 42.8% of companies employ fewer than five people... purchase to read more