The Future of the UK Car Body Repair Market
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- Lora Foster
- 8 years ago
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1 Brochure More information from The Future of the UK Car Body Repair Market Description: The Car Body Repair Market in the UK is a biennial report produced since 1993 and based on primary and secondary data sources. It is a 'market sizing' study analysing data over the 10 years to 2014 and providing forecasts for the coming five years to As all previous editions in this series, The Future of the UK Car Body Repair Market is the most comprehensive, detailed and statistically informative survey of this market available, providing a solid basis for strategic business planning and risk assessment for many of the market's major players. Who Would Benefit From This Report: - Bodyshop Operators - Insurance Companies - Accident Managers - Car Dealers - Vehicle Manufacturers - Companies Supplying Body Repairers With Products And Services - Investors Reasons to Buy - Time saving: All the information you need in one place - Crucial data: Input for your business planning - Strategic: Market forecasts to Reliable: Based on primary research Contents: Section 1 - Preface - About the Publisher - Car Body Repair Research - Primary and Secondary Research Sources - - Other data suppliers - - Methodology - Copyright Warning Section 2 - Executive Summary Section 3 - Market Background - Market Drivers - The UK Economy - - Emerging from recession - - Returning to growth - - Slower household spending growth - - High household debt - Households under Pressure - - Average earnings - - Unemployment - - Consumer confidence - Car Ownership Trends - - Households and car ownership - - Reliance on cars - - Driving licence holding - - Annual mileage - Demand for Cars in the UK - - New and used car sales - - The size of the car parc
2 Section 4 - Market Size and Trends - Total Market Value - - Grey areas - Total Market Volume and Average Repair Costs Section 4 - Market Segmentation 1 - Insurance-Funded Private Car Repairs - - Step change - - Non-fault credit repairs - Fleet and Company Car Repairs - Private and Trade Repairs Section 4 - Market Segmentation 2 - Labour, Paint and Parts - - Parts expenditure - - Labour expenditure - - Paint and materials expenditure Section 4 - Market Segmentation 3 - SMART Repairs - - A new market segment? - - A maturing market - - Sectors within SMART repair Section 5 - Accident and Repair Rates - Car Usage and Claims Frequency - Total Losses - - Weaker residual values Section 6 - Repairs by Vehicle Make - Average Repair Cost Trends - Repair Volume by Vehicle Make - Repair Costs by Vehicle Make - - Average repair costs by make - - Average labour cost of repairs - - Average parts cost of repairs - - Average paint and materials cost of repairs - Charts of Repair Costs by Vehicle Make - Repair Gross Margins - - Labour gross margins - - Gross profit by make of vehicle - - Overall gross profit by make of vehicle Section 7 - Bodyshop Supply Structure - Number of Outlets - Independent and Franchised Dealer Bodyshops - Trends in Outlet Size - - Small bodyshops - - Medium-sized bodyshops - Large Independent Bodyshops and Groups - - Nationwide Crash Repair Centres - - Just Car Clinics - Franchised Dealer Bodyshops - - Dealer group bodyshops - Insurance Company Approved Repair Networks - Independent Bodyshop Networks - - Network developments - - Network consolidation - - Carbodybids.com - - Vizion - - National Accident Repair Group (NARG)
3 - - ECP Network - - Synergy Group - Insurer-Owned Bodyshops - - UKAARC - - Solus - - Other insurer-owned bodyshops - Repair Capacity - Bodyshop Profitability - - Labour rates Section 8 - Motor Insurance Trends - Market Background - - The rise of the aggregators and the fall in profitability - - A commoditised market? - - Ancillary income - - Circumventing the referral ban - General Insurance Trends and Profitability - Motor Insurance Market Trends - - Combined ratio - Major Motor Insurers - Motor Insurance Policy Trends - - Trends in policy premiums - - Usage-based motor insurance - Trends in Private and Fleet Motor Claims - Rising Claims Costs - Motor Insurance Competition Investigation - - Provisional findings - Potential Remedies - - Clarification of legal entitlement - - Theory of harm (ToH) 1: Separation of cost liability and cost control - - ToH 2: Possible under-provision of service to those involved in accidents - - ToH 3: Market concentration or horizontal effects - - ToH 4: Add-ons - - ToH 5: Most favoured nation clauses in PCW and insurer contracts - - Proposed measures to increase competition - Challenges to CC/CMA Findings - Final Report - - Disappointment with findings - Subrogation - - Legal challenges to inflated subrogation costs Bodyshop Own-Brand Insurance Section 9 - Bodyshop Information Technology - From Opinion to Standard Times - Computerised Estimating - - Thatcham Times - - Vehicle manufacturer times - Estimating Systems - - Evidence from CMA Inquiry - Bodyshop Management Systems Section 10 - Strategic Outlook and Forecasts - The Economy - - Economic outlook - - Sustainable growth - - Rebalanced economy - - Interest rate risk - - More austerity measures - Impact on Car Body Repairs - Motor Insurance Claims - Market Size and Trends - - Four-year car parc - - Market drivers
4 - - Repair demand - - Market value and average repair costs - Supply Structure - Repair Capacity - - Technical repair capacity - Insurance Market Competition and Regulation - - Bodyshops as insurers - - Regulation Section 11 - Appendix Appendix - PowerPoint Executive Summary List of Figures: Figure 1 - GDP growth trends, Q to Q Figure 2 - Growth in GDP, inflation and investment, Figure 3 - Growth in consumer income, savings, credit and expenditure, Figure 4 - Household debt as a percentage of household disposable income, Figure 5 - Change in average earnings and RPI, June 2007 to September 2014 Figure 6 - Unemployment rate, September 1992 to September 2014 Figure 7 - Consumer confidence index, October 2007 to October 2014 Figure 8 - Trends in household ownership of cars, Figure 9 - Chart of average annual mileage and gross mileage, Figure 10 - New car registrations and used car sales, Figure 11 - Chart of UK new car registrations ( 000) and used car sales, Figure 12 - Number of vehicles in the car parc, Great Britain (licensed and unlicensed vehicles), Figure 13 - Expenditure on car body repairs in current and constant prices, Figure 14 - Chart of expenditure on car body repairs, Figure 15 - Car body repair market, by value, volume and average cost per repair, Figure 16 - Chart of car body repair market value, volume and average cost per repair, Figure 17 - Indexed repair market segmentation, Figure 18 - Segmentation of the car body repair market, Figure 19 - Segments as a percentage of all repairs, Figure 20 - Indexed segmentation of the repair market by value excluding VAT, Figure 21 - Repair market segmentation by value, Figure 22 - Segmentation of the repair market by value and by percentage excluding VAT, Figure 23 - Repair market segmentation by percentage, Figure 24 - Average labour cost per repair and repair volume, Figure 25 - SMART repair market by value, volume and average cost per repair, Figure 26 - SMART repair and total repair volume, Figure 27 - SMART repair product sectors, 2012 Figure 28 - Indexed repair rate in the UK car body repair market, Figure 29 - Chart of car parc and car body repair trends, Figure 30 - Indexed average annual mileage and insurance claims frequency, Figure 31 - Chart of car usage and insurance claims frequency indices (1996 = 100), Figure 32 - Indexed number of total losses and number of claims, Figure 33 - Chart of total claims and total losses, Figure 34 - Chart of age of cars in use, Figure 35 - Estimated average dealer used car sales prices ( current and fixed September 2014), Figure 36 - Average repair costs as generated by bodyshops using the Audatex repair system, H1 (current/fixed prices) Figure 37 - Chart of average repair costs as generated by bodyshops using the Audatex repair system, H1 (current/fixed prices) Figure 38 - Analysis of repair volume by vehicle make, 2013 Figure 39 - Analysis of average repair costs by vehicle make, 2013 Figure 40 - Average segmented repair costs by vehicle make ( ), 2013 Figure 41 - Average segmented repair costs by vehicle make (%), 2013 Figure 42 - Average labour repair costs by vehicle make ( ), 2013 Figure 43 - Labour costs % average repair costs by vehicle make (%), 2013 Figure 44 - Average parts repair costs by vehicle make ( ), 2013 Figure 45 - Parts costs % average repair costs by vehicle make (%), 2013 Figure 46 - Highest labour charge-out rates and repair times by vehicle make, 2013 Figure 47 - Gross margins ( ) per repair by vehicle make, 2013
5 Figure 48 - Total gross repair margins ( m) by vehicle make, 2013 Figure 49 - Number of primary bodyshops (outlets), Figure 50 - Trends in the number of primary bodyshops, Figure 51 - Independent and franchised bodyshops as a proportion of all primary bodyshops, Figure 52 - Estimated trends in primary bodyshop outlets by capacity/ staff employed, Figure 53 - Trends in the number of primary bodyshops by size of bodyshop, Figure 54 - The twenty largest independent bodyshop groups in the UK, October 2014 Figure 55 - Nationwide Accident Repair Services sales and profit performance, 2012, 2013 and six months to June 2013 and 2014 Figure 56 - Nationwide Accident Repair Services business segments sales and profit performance, 12 months ending 31 December 2013 Figure 57 - Just Car Clinic sales and profit performance, 2012 and 2013 Figure 58 - Number of franchised outlets and franchised dealer bodyshops, Figure 59 - Largest dealer groups in the UK by number of bodyshops, October 2012 and 2014 Figure 60 - Independent bodyshop networks, October 2012 and 2014 Figure 61 - UKAARC and profit performance, Figure 62 - Solus and profit performance, Figure 63 - Bodyshop repair capacity, Figure 64 - Top 15 bodyshop groups profitability, 2013 Figure 65 - Average hourly bodyshop labour rates, H1 Figure 66 - Type of organisation used to arrange current motor insurance, Figure 67 - Price comparison sites used to arrange current motor insurance, Figure 68 - UK insurance companies general insurance profitability, Figure 69 - Chart of UK general insurance profitability, Figure 70 - UK motor insurance income, claims, expenses and underwriting profitability, Figure 71 - Chart of UK motor insurance profitability, Figure 72 - Chart of UK motor insurance ratios, Figure 73 - Top fifty motor insurance companies in the UK motor market, 2012 and 2013 Figure 74 - Change in motor insurance consumer brand shares, Figure 75 - Trends in comprehensive and non-comprehensive insurance for private cars, Figure 76 - Trends in private car premiums, Figure 77 - Chart of UK motor comprehensive premiums, Figure 78 - Reasons for lack of interest in telematics insurance products, 2013 Figure 79 - Exposure and total claims for private cars, fleet and business vehicles, Figure 80 - Motor insurance claims by type and value of claim payment, Figure 81 - Chart of average claim costs, Figure 82 - Repair time estimating systems, 2012 and 2014 Figure 83 - Bodyshop management systems in the UK, 2012 and 2014 Figure 84 - GDP change on a year earlier, 2005 to 2014, and forecast to 2019 Figure 85 - Trend/forecast four-year car parc (index 1994 = 100 ) Figure 86 - Trend in year-on-year new car sales growth, Figure 87 - UK new car registrations, 1966 to 2014 and forecast to 2020 Figure 88 - Car body repair market value and volume forecasts, (at constant September 2014 prices, index 2014 = 100) Figure 89 - Chart of car body repair market value and volume forecasts, (at constant September 2014 prices, index 2014 = 100) Figure 90 - Forecast of trends in primary bodyshop outlets by capacity, (index = 2014) Figure 91 - Chart of forecast trends in primary bodyshop outlets by capacity, Figure 92 - Bodyshop repair capacity* versus demand, 2004 to 2013, and forecast to 2020 Ordering: Order Online - Order by Fax - using the form below Order by Post - print the order form below and send to Research and Markets, Guinness Centre, Taylors Lane, Dublin 8, Ireland.
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THE FUTURE OF THE CAR BODY REPAIR MARKET IN THE UK 2015-2020
THE FUTURE OF THE CAR BODY REPAIR MARKET IN THE UK 2015-2020 Published by: Trend Tracker Limited 116 High Street, Chapmanslade, Westbury Wiltshire, England, BA13 4AW Tel: 0870 421 4350 Fax: 0870 421 4351
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