The latest report by IMARC Group, titled “Automotive Collision Repair Market Report by Product Type (Paints and Coatings, Consumables, Spare Parts), Service Channel (OEMs, Aftermarket, and Others), Vehicle Type (Passenger Cars, Light Commercial Vehicles (LCVs), Heavy Commercial Vehicles (HCVs), Two Wheelers), and Region 2025-2033,” finds that the global automotive collision repair market size reached USD 198.0 Billion in 2024. Automotive collision repair refers to various restorative and replacement procedures performed on vehicles damaged in an accident. It involves painting, denting, restoring, repairing, and replacing consumable products to adhere to the stringent safety standards established by the governing authorities and manufacturers. The materials used in automotive collision repair usually include tires, batteries, wear and tear parts, air filters, cabin filters, oil filters, wiper blades, collision body, starters, and alternators.
Global Automotive Collision Repair Market Trends:
The market is primarily driven by the rising instances of road accidents and fatalities across the globe. In addition, the expanding automotive industry and the rising sales of hybrid and electric vehicles (H/EVs) and conventional cars have further encouraged individuals to avail collision repair services. Besides this, manufacturers are widely adopting 3D printing technology to manufacture complex automotive components and prototypes. This, coupled with the introduction of do-it-yourself (DIY) kits consisting of complex and customized spare parts for consumers, is positively influencing the market growth. Moreover, the rising popularity of automobile insurance policies with economical premium rates and the inflating income levels of consumers are also creating a favorable market outlook. Looking forward, IMARC Group expects the market value to reach USD 232.9 Billion by 2033, exhibiting a CAGR of 1.86% during 2025-2033.
Market Summary:
Report Scope:
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Segment Coverage | Product Type, Service Channel, Vehicle Type, Region |
Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered | 3M Company, Automotive Technology Products LLC, Caliber Collision, Continental AG, Denso Corporation, DuPont de Nemours Inc., Eastman Chemical Company, Faurecia SE, Honeywell International Inc., IAC Group, Magna International Inc., Robert Bosch GmbH and Tenneco Inc. |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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