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Motor Vehicle Parts Wholesaling in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Motor Vehicle Parts Wholesaling Market Research Report | SIC G45.310 | Apr 2017

Changing speeds: Leaving the European Union is expected to limit industry revenue growth

The Motor Vehicle Parts Wholesaling market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
£13bn
Annual Growth 12-17
0.6%
Annual Growth 17-22
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Profit
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Employment
66,494
Businesses
4,434
Industry Analysis & Industry Trends

The Motor Vehicle Parts Wholesaling industry has recovered and grown recently, following a poor start to the five-year period through 2016-17. When economic conditions deteriorated, consumers delayed purchasing non-essential car parts and only carried out necessary repairs, which weighed on industry performance at the start of the five-year period. Recent improvements in the general economy are expected to result in the growth of industry revenue at a compound annual rate of 0.6% over the five years through 2016-17.

At the beginning of the period, growth was fuelled by improved demand from the aftermarket segment. More recently, demand has been sustained by rising discretionary spending and the growth in retail sales of new motor vehicle parts... purchase to read more

Industry Report - Industry Analysis Chapter

Prior to and at the beginning of the five-year period through 2016-17, demand was negatively affected by poor economic conditions, despite relatively resilient demand from the aftermarket. The economic recovery stalled and caused revenue to fall in 2012-13. These struggles did, however, provide opportunities to some market segments. For example, demand for commercial vehicle parts was boosted at the beginning of the period because cash-strapped organisations sought replacement parts and repairs to avoid investing in new vehicles. For the most part, however, consumer demand fell in the aftermath of the economic crisis, and many wholesalers struggled to stay afloat in the following years.

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Industry ProductsRelated ReportsTable of Contents

What is the Motor Vehicle Parts Wholesaling Industry?

Companies in this industry wholesale a wide variety of motor vehicle parts and accessories, including tyres, spark plugs, engines and batteries. Retail sales direct to the public are not included in the industry.

Industry Products
EnginesTyresBatteriesElectrical and electronic componentsBody partsBrakes and brake partsGearboxes, steering wheels and related partsOther parts and accessories
 
Industry Activities
Wholesaling motor vehicle body partsWholesaling engines and gearboxesWholesaling other motor partsWholesaling motor vehicle accessories


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