Automotive Collision Repair Market, By Product (Paints & coatings, Consumables, and Spare parts), By Vehicle Type (Light-duty vehicle and Heavy-duty vehicle), By Sales Channel (DIY, DIFM, and OE), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Feb 2025

Code : CMI4524

Pages :120

Formats :

Excel and PDF

Industry : Automotive and Transportation

Automotive Collision Repair Market Size and Trends

The automotive collision repair market is estimated to be valued at US$ 212.64 billion in 2025 and is expected to reach US$ 285.71 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.3% from 2025 to 2032.

Automotive Collision Repair Market Key Factors

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The market is expected to face growth opportunities such as increased adoption of advanced materials in automotive manufacturing and development of advanced repair technologies. However, economic slowdowns affecting automotive sales and stringent vehicle repair regulations threatening the use of non-OE parts could hamper the market growth. To address such challenges, collision repair centers are focusing on partnerships, certifications, and investments in the latest tools and equipment to ensure quality and compliance. This will help them efficiently cater to growing needs whilst adhering to industry standards.

Growing Number of Crashes and Accidents

With the expanding number of vehicles on the roads, traffic has increased dramatically across most nations over the past decade. This has led to a proportional rise in the number of collisions and accidents. As per estimates by transportation authorities, road crashes have gone up by over 25% globally since 2010. The reasons for more accidents range from distracted and reckless driving to poor road infrastructure in developing markets. Regardless of the causes, the end result is more vehicles sustaining damages that require collision repair work. Even minor dents and scuffs that do not impact the drive-ability often get addressed at body shops for aesthetic and resale value purposes. Furthermore, insurers actively promote repair over replacements for the economic viability of premiums. All of these factors contribute to greater workload and opportunities for collision repair centers. If road safety initiatives do not catch up with traffic growth rates, this driver of increased damage incidents is expected to stay strong sustaining the collision repair industry expansion.