This industry comprises one or more of the following: (1) establishments known as auto supply stores primarily engaged in retailing new, used, and/or rebuilt automotive parts and accessories; (2) automotive supply stores that are primarily engaged in both retailing automotive parts and accessories and repairing automobiles; and (3) establishments primarily engaged in retailing and installing automotive accessories. 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.
Introduction
Part and parcel of maturity
There are two tales of performance in this mature industry: one from large players, which have been relatively successful; and one from smaller players, which have come under pressure. Many smaller industry participants have exited the industry amidst tougher conditions and fierce competition from their much larger rivals. Significant economies of scale and a larger product range have given the bigger industry participants a distinct competitive advantage.
