Motor Vehicle Body, Paint and Interior Repair in Australia - Industry Market Research Report

Smashed up: Reduced motor vehicle activity due to COVID-19 has stopped revenue growth

Most revenue generated by the Motor Vehicle Body, Paint and Interior Repair industry derives from repairs performed on motor vehicles damaged in accidents. The industry also includes businesses that provide elective services, such as spray painting and car washing. Despite more motor vehicle accidents, panelbeaters have struggled to maintain repair throughput due to the increased complexity of vehicles and a tight labour market, decreasing revenue. The COVID-19 pandemic caused revenue to fall over the three years through 2021-22, as restrictions on movement and gatherings sharply reduced motor vehicle activity. Overall, industry revenue is expected to fall at an annualised 2.8% over the five years through 2022-23, to $7.5 billion. This trend includes an anticipated decline of 0.5% in 2022-23, as panelbeaters have not been able to turn around as many vehicles.

Industry companies primarily repair, panelbeat or spray paint damaged or smashed motor vehicles. The industry also includes companies that replace, repair or tint motor vehicle glass, and companies that perform interior or upholstery repairs, car wash or cleaning services.

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 key players and their market shares.