Automotive Collision Repair Market Analysis | 2025-2032

Market Insights

The automotive collision repair market was estimated at USD 202.4 billion in 2024 and is likely to grow at a CAGR of 1.9% during 2025-2032 to reach USD 236.7 billion in 2032.

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Market Dynamics

Introduction

Automotive collision repair is about fixing the damaged parts and bodies of vehicles that have been damaged by accidents, weather, or other incidents. Automotive Collision Repairs are performed on different parts of an automobile, such as paints and coatings, crash parts, adhesives & sealants, abrasives, finishing compounds, and others. They have four major sources: new OEM, aftermarket, recycled, and remanufactured.

Market Drivers

Some of the major factors driving the growth of the market are

• Rising vehicle population
• Increasing road accidents
• Stringent safety regulations
• Technological advancements in repair techniques
• Growing complexity of modern vehicles
• Insurance industry influence
• Consumer demand for quality repairs
• Aging vehicle fleet
• Urbanization leading to more traffic
• Extreme weather events causing damage

Segments Analysis

By Product Type

"The crash parts segment accounted for the largest market share."

The market is segmented into crash parts, paints and coatings, adhesives & sealants, abrasives, finishing compounds, and others. The crash parts segment accounted for the largest share of more than 55% in 2024 and is expected to dominate the market during the forecast period, owing to rising road accident rates. These are designed and produced to the same specifications and tolerances as the actual parts on the vehicles and cater to the stringent road safety requirements.

By Source Type

"The new OEM segment accounted for the largest market share."

The market is segmented as new OEM, aftermarket, recycled, and remanufactured. The new OEM segment held the largest share of more than 50% in 2024 and is expected to grow at the highest growth rate due to the provision for easier replacements, insurance policies, and warranty offered by OEMs, along with the improved durability and reliability offered with ease in installation.

By Vehicle Type

"The passenger car segment accounted for the largest market share."

The market is segmented into passenger cars, LCVs, HCVs, and two-wheelers. The passenger car segment dominates the market due to rising road traffic in developing economies and the strong presence of vehicle repair centers offering restoration and refurbishment services.

By Auto Body Shops Type

"Dealer-owned shops segment accounted for the largest market share."

The market is segmented into dealer-owned shops and independent repair shops. Dealer-owned shops are expected to dominate the market owing to the growing preference for dealer-owned shops on account of the easy availability of reliable and superior quality spare parts.

Regional Insights

"Europe accounted for the largest market share."

Europe accounted for the largest share of more than 35% in 2024. Asia-Pacific is estimated to grow at the fastest pace during the forecast period. Rising road congestion coupled with an increasing number of automobile sales in China and India are surging the demand for two-wheelers in the developing economies of Asia-Pacific along with lenient road safety laws leading to road accidents, which are expected to drive the market.

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Key Players

Some of the major automotive collision repair manufacturers are

• 3M Company
• ATP Automotive
• Caliber Collision
• DuPont
• Continental Corporation
• Denso Corporation
• Faurecia
• Eastman Chemical Company
• Federal-Mogul Holdings Corp

Note: The above list does not necessarily include all the top players of the market.

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Research Methodology

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s automotive collision repair market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
• COVID-19 impact and its recovery curve
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors

Market Segmentation

This report studies the market, covering a period of 12 years of trends and forecasts. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The automotive collision repair market is segmented into the following categories:

By Product Type

• Crash Parts
• Paints and Coatings
• Adhesives & Sealants
• Abrasives
• Finishing Compounds
• Others

By Vehicle Type

• Passenger Cars
• LCV
• HCV
• Two-Wheelers

By Source Type

• New OEM
• Aftermarket
• Recycled
• Remanufactured

By Auto Body Shop Type

• Dealer-owned Shops
• Independent Repair Shops

By Region

• North America (Country Analysis: the USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected].