Market Forecast By Vehicle Type (Light-duty, Heavy-duty), By Product (Paints & coatings, Consumables, Spare parts), By Service Channel (DIY, DIFM, OE) And Competitive Landscape
Product Code: ETC173728 | Publication Date: Jan 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 73 | No. of Figures: 25 | No. of Tables: 4 |
United Kingdom Automotive Collision Repair Market is projected to grow over the years on the back of growing traffic density, rising cost of repair, and stringent rules for vehicle servicing. The primary drivers for the market includes evolution of the automobile industry with incorporation of several advanced, complex and automated systems and sensors in the vehicle designs. Moreover, advancement in technology adoption in automobile sector is another major driving factor for the United Kingdom Automotive Collision Repair Industry. However, lack of technical expertise and improving vehicle safety feature are the major restraints for the market. Automotive sector was severely affected sector by the COVID-19 pandemic as supply chain across the industry was recovering from the impact of Brexit. The industry also witnessed increased penetration levels for electric vehicles during the period.
According to 6Wresearch, United Kingdom Automotive Collision Repair Market size is projected to grow at a CAGR of 5.9% during 2022-2028. The United Kingdom Automotive Collision Repair Market is expected to witness tremendous growth in the coming years driven by several factors including increasing traffic density, rising repair cost, stringent vehicle servicing rules, higher used car prices and increasing average vehicular age. Rising number of motor insurance subscriptions along with increasing cost of motor claims is driving market size. In addition to that, general price rise in automotive components, spare parts and additional installations would is expected to increase automotive repair costs further augmenting the automotive collision repair market in United Kingdom. Growing environment concerns and advancement in paint manufacturing and coatings is inducing the demand for ecofriendly and low emission paints. Thus, evolution in vehicular technology and adoption of sustainable solutions would be the key contributors to the United Kingdom Automotive Collision Repair Market Growth.
Light duty vehicle segment is anticipated to register the fastest growth in the United Kingdom Automotive Collision Repair Market owing to high levels of car ownership in the country.
Advancement in the paints and coatings used for automotives with different types of painting and protective coatings such as glass coatings and electrodeposition coatings etc. has led to increase in the prices of repairing of body work services. Thus, driving growth of the segment.
DIY is the growing segment during the forecast period on the back of competitive prices, ease of purchase, and home delivery services. These services are the main reasons due to which customers are preferring DIY over others.
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights of the Report |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. United Kingdom Automotive Collision Repair Market Overview |
3.1 United Kingdom Automotive Collision Repair Market –Macro Economic Indicators |
3.2. United Kingdom Automotive Collision Repair Market Revenues, 2018-2028F |
3.3. United Kingdom Automotive Collision Repair Market - Industry Life Cycle |
3.4. United Kingdom Automotive Collision Repair Market - Porter’s Five Forces |
4. COVID-19 Impact Analysis |
5. United Kingdom Automotive Collision Repair Market Dynamics |
5.1. Impact Analysis |
5.2. Market Drivers |
5.3. Market Restraint |
6. United Kingdom Automotive Collision Repair Market Trade Statistics |
6.1 United Kingdom Automotive Collision Repair Market Import Trade Statistics |
6.2 United Kingdom Automotive Collision Repair Market Export Trade Statistics |
7. United Kingdom Automotive Collision Repair Market Revenues & Revenue Share , By Vehicle Type |
7.1 United Kingdom Automotive Collision Repair Market Revenue Share, By Vehicle Type, 2021 & 2028F |
7.2 United Kingdom Automotive Collision Repair Market Revenues, By Vehicle Type, 2018 - 2028F |
7.2.1 United Kingdom Automotive Collision Repair Market Revenues, By Light-duty, 2018 - 2028F |
7.2.2 United Kingdom Automotive Collision Repair Market Revenues, By Heavy-duty, 2018 - 2028F |
8.United Kingdom Automotive Collision Repair Market Revenues & Revenue Share, By Product Type |
8.1 United Kingdom Automotive Collision Repair Market Revenue Share, Paints and Coatings, 2021 & 2028F |
8.2 United Kingdom Automotive Collision Repair Market Revenues, By Product Type, 2018 - 2028F |
8.2.1 United Kingdom Automotive Collision Repair Market Revenues, Paints and Coatings, 2018 - 2028F |
8.2.2 United Kingdom Automotive Collision Repair Market Revenues, Components and Spare Parts, 2018 - 2028F |
9. United Kingdom Automotive Collision Repair Market Revenues & Revenue Share, By Service Channel |
9.1. United Kingdom Automotive Collision Repair Market Revenue Share, By Service Channel, 2021 & 2028F |
9.2 United Kingdom Automotive Collision Repair Market Revenues, By Service Channel, 2018 - 2028F |
9.2.1 United Kingdom Automotive Collision Repair Market Revenues, DIY, 2018 - 2028F |
9.2.2 United Kingdom Automotive Collision Repair Market Revenues, DIFM, 2018 - 2028F |
9.2.3 United Kingdom Automotive Collision Repair Market Revenues, OE, 2018 - 2028F |
10.United Kingdom Automotive Collision Repair Market Revenues & Revenue Share, By Region |
10.1 United Kingdom Automotive Collision Repair Market Revenue Share, By Region, 2021 & 2028F |
10.2 United Kingdom Automotive Collision Repair Market Revenues , By Region, 2018 - 2028F |
10.2.1. United Kingdom Automotive Collision Repair Market Revenues , Scotland, 2018 - 2028F |
10.2.2 United Kingdom Automotive Collision Repair Market Revenues , Northern Ireland, 2018 - 2028F |
10.2.3 United Kingdom Automotive Collision Repair Market Revenues , Wales, 2018 - 2028F |
10.2.4 United Kingdom Automotive Collision Repair Market Revenues , England, 2018 - 2028F |
11. United Kingdom Automotive Collision Repair Market Key Performance Indicators |
12. United Kingdom Automotive Collision Repair Market Opportunity Assessment |
12.1. United Kingdom Automotive Collision Repair Market Opportunity Assessment, By Vehicle Type, 2028F |
12.2. United Kingdom Automotive Collision Repair Market Opportunity Assessment, By Product Type, 2028F |
12.3. United Kingdom Automotive Collision Repair Market Opportunity Assessment, By Service Channel, 2028F |
12.4. United Kingdom Automotive Collision Repair Market Opportunity Assessment, By Region, 2028F |
13. United Kingdom Automotive Collision Repair Market Competitive Benchmarking |
13.1. United Kingdom Automotive Collision Repair Market Competitive Benchmarking, By Technical Parameters |
13.2. United Kingdom Automotive Collision Repair Market Competitive Benchmarking, By Operating Parameters |
14. Company Profiles |
14.1 Belron UK Ltd. |
14.2 Bristol Street Motors |
14.3 3M |
14.4 Denso Corporation |
14.5 Akzo Nobel |
14.6 OEC llc |
14.7 Euro Car Parts Ltd. |
14.8 Nationwide Vehicle Assistance Group Ltd. |
14.9 The Vella Group |
14.10 L&I Eaton ARC Ltd. |
15. Key Strategic Recommendations |
16. Disclaimer |
List of Figures |
1. United Kingdom Manufacturing Industry Value Added (% of GDP), 2016-2021 |
2. United Kingdom Annual GDP growth rate, 2016-2020 |
3. United Kingdom Inflation rate, 2016-2020 |
4. United Kingdom Automotive Collision Repair Market Revenues, 2018-2028F ($ Million) |
5. United Kingdom Cost Of Motor Insurance claims in collision, 2016-2021 (In $) |
6. United Kingdom Car Price Index, 2015-2022, |
7. Share of Top 3 Import Partners, 2021 |
8. United Kingdom Import Value of Vehicle parts and Accessories |
9. United Kingdom Import Value of Vehicle parts and Accessories , By Country, 2021, (in USD) |
10. Share of Top 3 Export Partners, 2021 |
11. United Kingdom Export Value of Vehicle parts and Accessories (In USD) |
12. United Kingdom Export Value of Vehicle parts and Accessories , By Country, 2021, (In USD) |
13. United Kingdom Automotive Collision Repair Market Revenue Share, By Vehicle Types, 2021 & 2028F |
14. United Kingdom Automotive Collision Repair Market Revenue Share, By Product Types, 2021 & 2028F |
15. United Kingdom Automotive Collision Repair Market Revenue Share, By Service Channel, 2021 & 2028F |
16. United Kingdom Automotive Collision Repair Market Revenue Share, By Region, 2021 & 2028F |
17. United Kingdom Annual traffic in Vehicle miles (In Billion), 2017-2020 |
18. United Kingdom Number Of License Holders, 2017-2022 (June) |
19. United Kingdom Number of Cars, 2017-2020 |
20. United Kingdom distribution of vehicle by age, 2016-2020 |
21. United Kingdom Number Of Used Vehicle Sold, 2016-2021, (Thousand Units) |
22. United Kingdom Automotive Collision Repair Market Opportunity Assessment, By Vehicle Type, 2028F |
23. United Kingdom Automotive Collision Repair Market Opportunity Assessment, By Product Type, 2028F |
24. United Kingdom Automotive Collision Repair Market Opportunity Assessment, By Service Channel, 2028F |
25. United Kingdom Automotive Collision Repair Market Opportunity Assessment, By Region, 2028F |
List of Tables |
1. United Kingdom Automotive Collision Repair Market Revenues, By Vehicle Type, 2018-2028F ($ Million) |
2. United Kingdom Automotive Collision Repair Market Revenues, By Product Type, 2018-2028F ($ Million) |
3. United Kingdom Automotive Collision Repair Market Revenues, By Service Channel, 2018-2028F ($ Million) |
4. United Kingdom Automotive Collision Repair Market Revenues, By Region, 2018-2028F ($ Million) |