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Asia-Pacific Automotive Collision Repair Market Size, Share & Trends Analysis Report by Vehicle (Light-duty Vehicle, Heavy-duty Vehicle), Product (Paints & Coatings, Consumables), Service Channels (DIY, DIFM), Country, and Segment Forecasts, 2024-2030

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    Report

  • 80 Pages
  • May 2024
  • Region: Asia Pacific
  • Grand View Research
  • ID: 5976432
The Asia Pacific automotive collision repair market size is anticipated to reach USD 66.48 billion by 2030, growing at a CAGR of 3.6% from 2024 to 2030. The rapid expansion of automotive ownership in the region and the rising disposable income of people fuel the demand for collision repair services.

Countries such as China and India are witnessing explosive growth in vehicle ownership that correlates with a higher incidence of road traffic accidents. Furthermore, the evolving regulatory environment across the region that emphasizes vehicle safety and environmental standards compels the adoption of professional repair services. According to the Ministry of Road Transport and Highways in India, 461,312 incidents were reported by states and Union Territories (UTs) in 2022, resulting in injuries to 443,366 individuals. The year witnessed a rise of 11.9% in accidents, 9.4% in fatalities, and 15.3% in injuries compared to the figures recorded in 2021.

A shift towards using advanced materials in vehicle manufacturing, such as high-strength steel and aluminum, dictates the need for specialized repair techniques and equipment. Adopting greener repair practices is gaining traction, driven by heightened environmental awareness and regulatory mandates.

Moreover, technological advancements, regulatory changes, and evolving consumer expectations shape the market. As the automotive industry continues to evolve towards a more sustainable, connected, and automated future, the collision repair market is expected to play a vital role in ensuring the vehicles' safety, efficiency, and longevity.

Asia Pacific Automotive Collision Repair Market Report Highlights

  • The light-duty vehicle segment accounted for the largest revenue share of 71.1% in 2023 and is expected to continue to grow over the forecast period. The increase in region’s population is fueling the demand for light-duty vehicles in the market.
  • The spare parts product segment registered the largest revenue share in 2023 due to the rise in the age of vehicles and an increase in traffic collisions.
  • The OE (handled by OEMs) service channel accounted for the largest revenue share in 2023. The rise in consumer preferences regarding the authenticity of the vehicle’s components fuels the demand for OEMs.
  • In April 2022, 3M announced the acquisition of LeanTec’s technology assets that provides the digital inventory management solutions for the automotive aftermarket sector. The technology of LeanTec complements 3M’s RepairStack Performance Solutions that helps repair shops to ensure the availability of materials, real-time insights into business performance, and billing processes.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
1.3.1. Information Procurement
1.3.2. Information or Data Analysis
1.3.3. Market Formulation & Data Visualization
1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. Asia-Pacific Automotive Collision Repair Market Variables, Trends & Scope
3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Billion)
3.3. Industry Value Chain Analysis
3.4. Market Dynamics
3.4.1. Market Drivers Analysis
3.4.2. Market Restraints Analysis
3.4.3. Industry Opportunities
3.4.4. Industry Challenges
3.5. Asia-Pacific Automotive Collision Repair Market Analysis Tools
3.5.1. Porter’s Five Forces Analysis
3.5.1.1. Bargaining Power of the Suppliers
3.5.1.2. Bargaining Power of the Buyers
3.5.1.3. Threats of Substitution
3.5.1.4. Threats from New Entrants
3.5.1.5. Competitive Rivalry
3.5.2. PESTEL Analysis
3.5.2.1. Political Landscape
3.5.2.2. Economic and Social Landscape
3.5.2.3. Technological Landscape
3.5.2.4. Environmental Landscape
3.5.2.5. Legal Landscape
Chapter 4. Asia-Pacific Automotive Collision Repair Market: Vehicle Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. Asia-Pacific Automotive Collision Repair Market Estimates & Forecast, by Vehicle, 2018 to 2030 (Revenue, USD Billion)
4.3. Light-duty Vehicle
4.3.1. Light-duty Vehicle Market Revenue Estimates and Forecasts, 2018-2030 (Revenue, USD Billion)
4.4. Heavy-duty Vehicle
4.4.1. Heavy-duty Vehicle Market Revenue Estimates and Forecasts, 2018-2030 (Revenue, USD Billion)
Chapter 5. Asia-Pacific Automotive Collision Repair Market: Product Estimates & Trend Analysis
5.1. Segment Dashboard
5.2. Asia-Pacific Automotive Collision Repair Market Estimates & Forecast, by Product, 2018 to 2030 (Revenue, USD Billion)
5.3. Paints & Coatings
5.3.1. Paints & Coatings Market Revenue Estimates and Forecasts, 2018-2030 (Revenue, USD Billion)
5.4. Consumables
5.4.1. Consumables Market Revenue Estimates and Forecasts, 2018-2030 (Revenue, USD Billion)
5.5. Spare Parts
5.5.1. Spare Parts Market Revenue Estimates and Forecasts, 2018-2030 (Revenue, USD Billion)
Chapter 6. Asia-Pacific Automotive Collision Repair Market: Service Channels Estimates & Trend Analysis
6.1. Segment Dashboard
6.2. Asia-Pacific Automotive Collision Repair Market Estimates & Forecast, by Service Channels, 2018 to 2030 (Revenue, USD Billion)
6.3. DIY (Do It Yourself)
6.3.1. DIY (Do It Yourself) Revenue Estimates and Forecasts, 2018-2030 (Revenue, USD Billion)
6.4. DIFM (Do It For Me)
6.4.1. DIFM (Do It For Me) Market Revenue Estimates and Forecasts, 2018-2030 (Revenue, USD Billion)
6.5. OE (handled by OEMs)
6.5.1. OE (handled by OEMs) Market Revenue Estimates and Forecasts, 2018-2030 (Revenue, USD Billion)
Chapter 7. Asia-Pacific Automotive Collision Repair Market: Country Estimates & Trend
7.1. Asia-Pacific Automotive Collision Repair Market, by Country, 2023 & 2030 (USD Million)
7.2. China
7.2.1. China Automotive Collision Repair Market Estimates and Forecasts, 2018-2030 (USD Million)
7.3. Japan
7.3.1. Japan Automotive Collision Repair Market Estimates and Forecasts, 2018-2030 (USD Million)
7.4. India
7.4.1. India Automotive Collision Repair Market Estimates and Forecasts, 2018-2030 (USD Million)
Chapter 8. Asia-Pacific Automotive Collision Repair Market - Competitive Landscape
8.1. Recent Developments & Impact Analysis, by Key Market Participants
8.2. Company Categorization
8.3. Company Market Positioning
8.4. Company Heat Map Analysis
8.5. Strategy Mapping
8.5.1. Expansion
8.5.2. Mergers & Acquisition
8.5.3. Partnerships & Collaborations
8.5.4. New Product Launches
8.5.5. Research and Development
8.6. Company Profiles
8.6.1. 3M
8.6.1.1. Participant’s Overview
8.6.1.2. Financial Performance
8.6.1.3. Product Benchmarking
8.6.1.4. Recent Developments
8.6.2. Continental AG
8.6.2.1. Participant’s Overview
8.6.2.2. Financial Performance
8.6.2.3. Product Benchmarking
8.6.2.4. Recent Developments
8.6.3. Denso Corporation.
8.6.3.1. Participant’s Overview
8.6.3.2. Financial Performance
8.6.3.3. Product Benchmarking
8.6.3.4. Recent Developments
8.6.4. FORVIA Faurecia
8.6.4.1. Participant’s Overview
8.6.4.2. Financial Performance
8.6.4.3. Product Benchmarking
8.6.4.4. Recent Developments
8.6.5. Honeywell International Inc
8.6.5.1. Participant’s Overview
8.6.5.2. Financial Performance
8.6.5.3. Product Benchmarking
8.6.5.4. Recent Developments
8.6.6. IAC Group
8.6.6.1. Participant’s Overview
8.6.6.2. Financial Performance
8.6.6.3. Product Benchmarking
8.6.6.4. Recent Developments
8.6.7. Magna International, Inc.
8.6.7.1. Participant’s Overview
8.6.7.2. Financial Performance
8.6.7.3. Product Benchmarking
8.6.7.4. Recent Developments
8.6.8. Mitsuba Corp.
8.6.8.1. Participant’s Overview
8.6.8.2. Financial Performance
8.6.8.3. Product Benchmarking
8.6.8.4. Recent Developments
8.6.9. Ochre Media Pvt Ltd.
8.6.9.1. Participant’s Overview
8.6.9.2. Financial Performance
8.6.9.3. Product Benchmarking
8.6.9.4. Recent Developments
8.6.10. ODU GabH & Co.KG
8.6.10.1. Participant’s Overview
8.6.10.2. Financial Performance
8.6.10.3. Product Benchmarking
8.6.10.4. Recent Developments
8.6.11. Robert Bosch GmbH
8.6.11.1. Participant’s Overview
8.6.11.2. Financial Performance
8.6.11.3. Product Benchmarking
8.6.11.4. Recent Developments
8.6.12. Tenneco Inc.
8.6.12.1. Participant’s Overview
8.6.12.2. Financial Performance
8.6.12.3. Product Benchmarking
8.6.12.4. Recent Developments
List of Tables
Table 1 List of Abbreviations
Table 2 Asia-Pacific Automotive Collision Repair Market, 2018-2030 (Revenue, USD Billion)
Table 3 Asia-Pacific Automotive Collision Repair Market by Vehicle, 2018-2030 (Revenue, USD Billion)
Table 4 Asia-Pacific Automotive Collision Repair Market by Product, 2018-2030 (Revenue, USD Billion)
Table 5 Asia-Pacific Automotive Collision Repair Market by Service Channels, 2018-2030 (Revenue, USD Billion)
Table 6 Asia-Pacific Automotive Collision Repair Market by Country, 2018-2030 (Revenue, USD Billion)
Table 7 China Automotive Collision Repair Market, 2018-2030 (Revenue, USD Billion)
Table 8 China Automotive Collision Repair Market by Vehicle, 2018-2030 (Revenue, USD Billion)
Table 9 China Automotive Collision Repair Market by Product, 2018-2030 (Revenue, USD Billion)
Table 10 China Automotive Collision Repair Market by Service Channels, 2018-2030 (Revenue, USD Billion)
Table 11 Apan Automotive Collision Repair Market, 2018-2030 (Revenue, USD Billion)
Table 12 Japan Automotive Collision Repair Market by Vehicle, 2018-2030 (Revenue, USD Billion)
Table 13 Japan Automotive Collision Repair Market by Product, 2018-2030 (Revenue, USD Billion)
Table 14 Japan Automotive Collision Repair Market by Service Channels, 2018-2030 (Revenue, USD Billion)
Table 15 India Automotive Collision Repair Market, 2018-2030 (Revenue, USD Billion)
Table 16 India Automotive Collision Repair Market by Vehicle, 2018-2030 (Revenue, USD Billion)
Table 17 India Automotive Collision Repair Market by Product, 2018-2030 (Revenue, USD Billion)
Table 18 India Automotive Collision Repair Market by Service Channels, 2018-2030 (Revenue, USD Billion)
List of Figures
Figure 1 Market Research Process
Figure 2 Artificial Intelligence Market Segmentation
Figure 3 AI Technology Landscape
Figure 4 Information Procurement
Figure 5 Data Analysis Models
Figure 6 Market Formulation and Validation
Figure 7 Data Validating & Publishing
Figure 8 Market Segmentation & Scope
Figure 9 Asia-Pacific Automotive Collision Repair Market Snapshot
Figure 10 Segment Snapshot (1/2)
Figure 11 Segment Snapshot (1/2)
Figure 12 Competitive Landscape Snapshot
Figure 13 Asia-Pacific Automotive Collision Repair Market Value, 2023 (Revenue, USD Billion)
Figure 14 Asia-Pacific Automotive Collision Repair Market - Value Chain Analysis
Figure 15 Asia-Pacific Automotive Collision Repair Market - Market Dynamics
Figure 16 Asia-Pacific Automotive Collision Repair Market - Porter’s Five Forces Analysis
Figure 17 Asia-Pacific Automotive Collision Repair Market - PESTEL Analysis
Figure 18 Asia-Pacific Automotive Collision Repair Market Estimates & Forecasts, by Vehicle: Key Takeaways
Figure 19 Asia-Pacific Automotive Collision Repair Market Share, by Vehicle, 2023 & 2030
Figure 20 Light-duty Vehicle Market Estimates & Forecasts, 2018-2030 (Revenue, USD Billion)
Figure 21 Heavy-duty Vehicle Market Estimates & Forecasts, 2018-2030 (Revenue, USD Billion)
Figure 22 Asia-Pacific Automotive Collision Repair Market Estimates & Forecasts, by Product: Key Takeaways
Figure 23 Asia-Pacific Automotive Collision Repair Market Share, by Product, 2023 & 2030
Figure 24 Paints & Coatings Market Estimates & Forecasts, by Product, 2018-2030 (Revenue, USD Billion)
Figure 25 Consumables Market Estimates & Forecasts, by Product, 2018-2030 (Revenue, USD Billion)
Figure 26 Spare Parts Estimates & Forecasts, by Product, 2018-2030 (Revenue, USD Billion)
Figure 27 Asia-Pacific Automotive Collision Repair Market Estimates & Forecasts, by Service Channels: Key Takeaways
Figure 28 Asia-Pacific Automotive Collision Repair Market Share, by Service Channels, 2023 & 2030
Figure 29 DIY (Do It Yourself) Market Estimates & Forecasts, by Service Channels, 2018-2030 (Revenue, USD Billion)
Figure 30 DIFM (Do It For Me) Market Estimates & Forecasts, by Service Channels, 2018-2030 (Revenue, USD Billion)
Figure 31 OE (handled by OEMs) Market Estimates & Forecasts, by Service Channels, 2018-2030 (Revenue, USD Billion)
Figure 32 China Automotive Collision Repair Market Estimates & Forecasts, by Vehicle: Key Takeaways
Figure 33 China Automotive Collision Repair Market Share, by Vehicle, 2023 & 2030
Figure 34 Light-duty Vehicle Market Estimates & Forecasts, 2018-2030 (Revenue, USD Billion)
Figure 35 Heavy-duty Vehicle Market Estimates & Forecasts, 2018-2030 (Revenue, USD Billion)
Figure 36 China Automotive Collision Repair Market Estimates & Forecasts, by Product: Key Takeaways
Figure 37 China Automotive Collision Repair Market Share, by Product, 2023 & 2030
Figure 38 Paints & Coatings Market Estimates & Forecasts, by Product, 2018-2030 (Revenue, USD Billion)
Figure 39 Consumables Market Estimates & Forecasts, by Product, 2018-2030 (Revenue, USD Billion)
Figure 40 Spare Parts Market Estimates & Forecasts, by Product, 2018-2030 (Revenue, USD Billion)
Figure 41 China Automotive Collision Repair Market Estimates & Forecasts, by Service Channels: Key Takeaways
Figure 42 China Automotive Collision Repair Market Share, by Service Channels, 2023 & 2030
Figure 43 DIY (Do It Yourself) Market Estimates & Forecasts, by Service Channels, 2018-2030 (Revenue, USD Billion)
Figure 44 DIFM (Do It For Me) Market Estimates & Forecasts, by Service Channels, 2018-2030 (Revenue, USD Billion)
Figure 45 OE (handled by OEMs) Market Estimates & Forecasts, by Service Channels, 2018-2030 (Revenue, USD Billion)
Figure 46 Japan Automotive Collision Repair Market Estimates & Forecasts, by Vehicle: Key Takeaways
Figure 47 Japan Automotive Collision Repair Market Share, by Vehicle, 2023 & 2030
Figure 48 Light-duty Vehicle Market Estimates & Forecasts, 2018-2030 (Revenue, USD Billion)
Figure 49 Heavy-duty Vehicle Market Estimates & Forecasts, 2018-2030 (Revenue, USD Billion)
Figure 50 Japan Automotive Collision Repair Market Estimates & Forecasts, by Product: Key Takeaways
Figure 51 Japan Automotive Collision Repair Market Share, by Product, 2023 & 2030
Figure 52 Paints & Coatings Market Estimates & Forecasts, by Product, 2018-2030 (Revenue, USD Billion)
Figure 53 Consumables Market Estimates & Forecasts, by Product, 2018-2030 (Revenue, USD Billion)
Figure 54 Spare Parts Market Estimates & Forecasts, by Product, 2018-2030 (Revenue, USD Billion)
Figure 55 Japan Automotive Collision Repair Market Estimates & Forecasts, by Service Channels: Key Takeaways
Figure 56 Japan Automotive Collision Repair Market Share, by Service Channels, 2023 & 2030
Figure 57 DIY (Do It Yourself) Market Estimates & Forecasts, by Service Channels, 2018-2030 (Revenue, USD Billion)
Figure 58 DIFM (Do It For Me) Market Estimates & Forecasts, by Service Channels, 2018-2030 (Revenue, USD Billion)
Figure 59 OE (handled by OEMs) Market Estimates & Forecasts, by Service Channels, 2018-2030 (Revenue, USD Billion)
Figure 60 India Automotive Collision Repair Market Estimates & Forecasts, by Vehicle: Key Takeaways
Figure 61 India Automotive Collision Repair Market Share, by Vehicle, 2023 & 2030
Figure 62 Light-duty Vehicle Market Estimates & Forecasts, 2018-2030 (Revenue, USD Billion)
Figure 63 Heavy-duty Vehicle Market Estimates & Forecasts, 2018-2030 (Revenue, USD Billion)
Figure 64 India Automotive Collision Repair Market Estimates & Forecasts, by Product: Key Takeaways
Figure 65 Asia-Pacific Automotive Collision Repair Market Share, by Product, 2023 & 2030
Figure 66 Paints & Coatings Market Estimates & Forecasts, by Product, 2018-2030 (Revenue, USD Billion)
Figure 67 Consumables Market Estimates & Forecasts, by Product, 2018-2030 (Revenue, USD Billion)
Figure 68 Spare Parts Market Estimates & Forecasts, by Product, 2018-2030 (Revenue, USD Billion)
Figure 69 India Automotive Collision Repair Market Estimates & Forecasts, by Service Channels: Key Takeaways
Figure 70 Asia-Pacific Automotive Collision Repair Market Share, by Service Channels, 2023 & 2030
Figure 71 DIY (Do It Yourself) Market Estimates & Forecasts, by Service Channels, 2018-2030 (Revenue, USD Billion)
Figure 72 DIFM (Do It For Me) Market Estimates & Forecasts, by Service Channels, 2018-2030 (Revenue, USD Billion)
Figure 73 OE (handled by OEMs) Market Estimates & Forecasts, by Service Channels, 2018-2030 (Revenue, USD Billion)
Figure 74 Key Company Categorization
Figure 75 Company Market Positioning
Figure 76 Strategy Mapping

Companies Mentioned

  • 3M
  • Continental AG
  • Denso Corporation.
  • FORVIA Faurecia
  • Honeywell International Inc
  • IAC Group
  • Magna International, Inc.
  • Mitsuba Corp.
  • Ochre Media Pvt Ltd.
  • ODU GabH & Co.KG
  • Robert Bosch GmbH
  • Tenneco Inc.

Methodology

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Table Information