Tune-up: Rebounding economic conditions will support industry revenue growth

Over the five years to 2018, revenue for the Auto Parts Wholesaling industry is expected to grow, supported by rebounding economic conditions, particularly at the consumer level. As disposable income levels rise, consumers are anticipated to increasingly purchase new vehicles. Strong growth in vehicle demand stimulates automakers to increase production levels, driving demand for upstream supplies, such as auto parts. Over the five years to 2023, the industry will continue exhibiting rebounding growth...read more.

Industry Statistics & Market Size
Revenue
$16bn
Annual Growth 13-18
0.7%
Forecast Growth 18-23
Profit
Employment
32,030
Businesses
2,136
Market Share of Companies

Industry Threats & Opportunities

  • Operators typically establish a close relationship with US automakers to increase industry revenue
  • Industry operators are heavily dependent on downstream operators in the United States
  • The rising cost of aluminum is expected to pose a threat to industry profit growth
  • Industry Report - Industry Key Buyers Chapter

    The Auto Parts Wholesaling industry in Canada has a low level of market share concentration. Some of the largest wholesalers also act as manufactures, such as Magna International Inc. Vertically integrating their operations enables them to benefit from economies of scale, distributing their fixed costs among several facilities. Moreover, it permits operators to have better cost controls in place to meet the significant pricing power held by large automakers. Nevertheless, the industry is composed of hundreds of small operators that are primarily engaged in distribution. The largest industry operators typically distribute to large auto manufacturers, while smaller wholesale operations are able to operate in the industry by facilitating supply to the aftermarket segments...purchase to read more.

    Additional Insights for the Auto Parts Wholesaling Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Auto Parts Wholesaling Industry are

  • Upstream vertical integration (ownership links)
  • Ability to control stock on hand
  • Having a high profile in the market
  • IBISWorld analysts also discuss how external factors such as Consumer Confidence Index and New vehicle sales in the Auto Parts Wholesaling industry impact industry performance..

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    What's in this report

    What is the Auto Parts Wholesaling Industry?

    This industry is primarily engaged in wholesaling new and rebuilt automotive parts and accessories, auto body and upholsterers’ suppliers and automotive chemicals. Sales of new tires and tubes are not included.

    Industry Products
  • Engines (including parts and completed engines)
  • Brake parts
  • Exhaust systems, hoses, belts, gaskets and wiper blades
  • Filters
  • Body parts and repair materials
  • Suspension parts
  • Industry Activities
  • Automobile accessories wholesaling
  • Automobile glass wholesaling
  • New automotive parts wholesaling
  • Automotive battery wholesaling
  • Motor vehicle engine testing equipment wholesaling
  • New automotive engine and parts wholesaling
  • Motor vehicle hardware wholesaling
  • New motorcycle parts wholesaling
  • New truck parts wholesaling
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Consumer Confidence Index
  • New vehicle sales
  • Per capita disposable income
  • Total vehicle-kilometres

  • Current Performance
  • Downstream growth
  • Foreign auto industry
  • Profit expands
  • Chart: Revenue Growth

  • Industry Outlook
  • Threats on the horizon
  • Industry expands
  • Fuel economy standards
  • Table: Auto Parts Wholesaling Industry Revenue Outlook

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

  • Supply Chains
    Key Buying Industries
  • Car & Automobile Manufacturing in Canada
  • SUV & Light Truck Manufacturing in Canada
  • Truck & Bus Manufacturing in Canada
  • Truck, Trailer & Motor Home Manufacturing in Canada
  • Auto Parts Stores in Canada

  • Key Selling Industries
  • Auto Parts Manufacturing in Canada
  • Automobile Electronics Manufacturing in Canada
  • Automobile Engine & Parts Manufacturing in Canada
  • Wire & Spring Manufacturing in Canada

  • Products & Services
  • Other
  • Engines (including parts and completed engines)
  • Brake parts
  • Body parts and repair materials
  • Exhaust systems, hoses, belts, gaskets and wiper blades
  • Suspension parts
  • Filters
  • Chart: Auto Parts Wholesaling Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Auto parts retailers and broad line transportation distributors
  • Automakers
  • Auto service providers
  • Other markets
  • Chart: Major Market Segmentation for the Auto Parts Wholesaling Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Auto Parts Wholesaling

  • Basis of Competition
  • Internal competition
  • External competition

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

  • Industry Globalization
    Magna International Inc.,
  • Table: Magna International Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Auto Parts 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 Auto Parts Wholesaling Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Number of motor vehicle registrations (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Aftermarket
  • The distribution of vehicle parts and accessories after the sale of a vehicle by an OEM to the consumer
  • Original Equipment Manufacturer (Oem)
  • A company that manufactures products or components that are purchased by a company and retailed under the purchasing company's brand name.
  • Wholesaling
  • The selling of merchandise to anyone other than a retail customer.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Auto Parts Wholesaling market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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

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