Market size and recent performance (2009-2024)
Industry revenue has declined at a CAGR of -3.3% over the past five years, to reach an estimated $130.8bn in 2019.
Trends and Insights
- Increased consumer spending and general economic growth have contributed to the industry's decline during the current period
- Additional trends and insights available with purchase
Biggest companies in the Auto Parts Retailers in Mexico
| Company
2019 | Market Share (%)
2019 | Revenue ($m)
2019 | Profit ($m)
2019 | Profit Margin (%)
2019 |
|---|---|---|---|---|
AutoZone Inc. | ||||
Genuine Parts Company | ||||
DAR Refaccionarias |
To view the market share and analysis for all 4 top companies in this industry, view purchase options.
Products & Services Segmentation
Industry revenue is measured across several distinct product and services lines, including Critical parts, Maintenance parts and Performance parts. Critical parts is the largest segment of the Auto Parts Retailers in Mexico.
Trends and Insights
• Products in the Auto Parts Retailers industry in Mexico include critical vehicle parts, maintenance parts, vehicle accessories and performance products.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
The Auto Parts Retailing industry in Mexico comprises establishments dedicated primarily to the distribution of parts, spares and accessories for all types of light vehicles. It also includes establishments that perform a variety of auto maintenance activities. This industry trends in line with population growth because the more individuals there are, the more likely they are to own a vehicle, which increases the chances they would require industry related parts. However, counterintuitively, industry revenue has been negatively affected by enhanced levels of consumer spending and new car sales over the five years to 2019. While strong macroeconomic factors tend to bode well for industries in the automotive sector, in the case of auto part retailers, they often shift consumer demand elsewhere and reduce the need for industry parts. As a result, industry-relevant revenue is anticipated to decline over the five years to 2019, falling an annualized 3.3% to MXN $130.8 billion. Fortunately for operators, a recent uptick in steel prices has helped make parts more expensive, which is expected to help lead to a 2.0% increase in revenue in 2019 alone.
What's included in this industry?
Selling automotive parts and accessoriesDistributing automotive partsRepairing automobilesCritical partsMaintenance partsPerformance partsVehicle accessories and otherCompanies
AutoZone Inc.Genuine Parts CompanyDAR RefaccionariasPurchase this report to view all 4 major companies in this industry.
Related Terms
AFTERMARKETDO-IT-YOURSELF (DIY)LIGHT-DUTY VEHICLEIndustry Code
NAICS 46821MX - Auto Parts Retailers in Mexico
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Consumer spending. Increased consumer spending can also counterintuitively work against industry operators. While increased consumer spending may entice some to purchase new a...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2009-2018) and forecast (2019-2024)
- Employees, including historical (2009-2018) and forecast (2019-2024)
- Businesses, including historical (2009-2018) and forecast (2019-2024)
- Profit, including historical (2009-2019)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
• Products in the Auto Parts Retailers industry in Mexico include critical vehicle parts, maintenance parts, vehicle accessories and performance products.
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2019
- Product innovation level
Charts
- Products & services segmentation in 2019
- Major market segmentation in 2019
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Establishments in the Auto Parts Retailers industry in Mexico are found across the country. Generally, industry storefronts are located in line with population levels. Therefo...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2019
Tables
- Number and share of establishments in each region in 2019
- Number and share of revenue each region accounts for in 2019
- Number and share of wages each region accounts for in 2019
- Number and share of employees in each region in 2019
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Having a cost-effective distribution system. National auto parts chains require distribution networks to keep stores well stocked. Efficient distribution systems can be a sign...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2014-2019
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Founded in 1979 and based in the United States, AutoZone Inc. (AutoZone) is the largest auto parts retailer in North America. Over the five years to 2019, AutoZone has rapidly...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2015 through 2019
- Major companies in the industry, including market share, revenue, profit and profit margin in 2019
- Overview of AutoZone Inc.'s performance by revenue, market share and profit margin from 2013 through 2019
- Overview of Genuine Parts Company's performance by revenue, market share and profit margin from 2013 through 2019
- Overview of DAR Refaccionarias's performance by revenue, market share and profit margin from 2013 through 2019
- Overview of revenue, market share and profit margin trend for one additional company
Detailed analysis
- Description and key data for AutoZone Inc., and factors influencing its performance in the industry
- Description and key data for Genuine Parts Company, and factors influencing its performance in the industry
- Description and key data for DAR Refaccionarias, and factors influencing its performance in the industry
- Description, key data and performance trends for one additional company
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
The Auto Parts Retailers industry in Mexico is subject to a light level of overall regulation. The majority of regulation in the automotive industry in Mexico relates to manuf...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
Detailed analysis
- Demographic and macroeconomic factors influencing the industry
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2009-2024)
- IVA (2009-2024)
- Establishments (2009-2024)
- Enterprises (2009-2024)
- Employment (2009-2024)
- Exports (2009-2024)
- Imports (2009-2024)
- Wages (2009-2024)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the estimated market size of the Auto Parts Retailers industry in Mexico in 2019?
The market size of the Auto Parts Retailers industry in Mexico is $130.8bn in 2019.
How many businesses are there in the Auto Parts Retailers in Mexico industry in 2019?
There are 45,160 businesses in the Auto Parts Retailers industry in Mexico, which has declined at a CAGR of 1.0% between 2014 and 2019.
Has the Auto Parts Retailers industry in Mexico grown or declined over the past 5 years?
The market size of the Auto Parts Retailers industry in Mexico has been at a CAGR of -3.3% between 2014 and 2019.
What is the forecast growth of the Auto Parts Retailers industry in Mexico over the next 5 years?
The Auto Parts Retailers in Mexico market is forecast to over the five years from 2019 to 2024
What are the biggest companies in the Auto Parts Retailers market in Mexico?
The biggest companies operating in the Auto Parts Retailers market in Mexico are AutoZone Inc., Genuine Parts Company and DAR Refaccionarias
What does the Auto Parts Retailers in Mexico include?
Selling automotive parts and accessories and Distributing automotive parts are part of the Auto Parts Retailers industry.
Which companies have the highest market share in the Auto Parts Retailers in Mexico?
The company holding the most market share in Mexico is AutoZone Inc..
How many people are/were employed in the Auto Parts Retailers in Mexico in 2019?
There are 203k employed in the Auto Parts Retailers industry in Mexico 2019.
Widen your competitive advantage with related industries
Related Domestic Industries
- This industry comprises establishments primarily engaged in repairing automobiles
Methodology
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These sources include:
- Industry and trade associations
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