Transparency Sake: Improving Economic Conditions Will Spur Both Nonessential and Essential Windshield Repairs
Auto windshield repair service providers are primarily engaged in replacing, repairing and tinting automotive glass. Windshield repairers make repairs to broken windshields on standard cars, thus, they are subject to changes in consumers' available per capita disposable income. Since windshield damages often comprise minor chips and cracks, many consumers view these damages as nonessential repairs since they do not affect a vehicle's ability to operate. Consumers may defer repairs during periods of economic uncertainty. To repairers' benefit, strong economic performance over the majority of the five years to 2023 supported demand for windshield repairs. The outbreak of COVID-19 placed negative pressure on demand, but not enough to offset industry growth as larger companies continued to expand. Over the five years to 2023, industry revenue is forecast to increase at a CAGR of 4.5% to $7.4 billion.
Operators in this industry primarily replace, repair and tint the various glass components of automotive vehicles. These automobiles include passenger cars, trucks and vans. This industry does not include companies that predominantly offer repair services for automotive vehicles.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry's key players and their market shares.
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Belron
Methodology
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