China Auto Repair and Beauty Industry Report, 2016-2020 - Car Ownership Reached 172 Million by End of 2015 - Research and Markets

DUBLIN—Research and Markets has announced the addition of the "China Auto Repair and Beauty Industry Report, 2016-2020" report to their offering.

The huge Chinese automobile market always stimulates the demand for auto repair & beauty. According to the National Bureau of Statistics of China, the country's car ownership reached 172 million at the end of 2015, rising 11.7% over last year.

The Chinese auto repair & beauty market size amounted to RMB754.8 billion in 2015, jumping by 12.66% year on year. In future, the market size will show an annual growth rate of 19.17% during 2015-2020 with the consumers' enhanced maintenance awareness and longer ownership time, and the market scale will report RMB1.7364 trillion in 2020.

As for the competitive landscape, the main participants in China's auto repair industry include 4S stores, franchised maintenance service stations, comprehensive repair workshops, fast repair chain stores, special repair shops and a large number of roadside shops. There are more than 400,000 registered maintenance &repair enterprises which are divided into three categories with nearly 5 million employees in China, embracing at least 370,000 non-4S stores. The industry features a low concentration rate.

In China, auto 4S stores charge very high although their service quality is excellent, while repair shops and roadside repair shops claim low fees but their services vary dramatically, which cannot make consumers feel assured. Well-known chain stores offer the prices between 4S stores and roadside repair shops, embodying obvious cost advantages.

Companies Mentioned:

• AnjiAutobund
• Bosch Car Service
• Chexiangjia
• Harson Service
• NFA
• OCTAVE
• Sure Moov
• Tqmall
• Tyreplus
• cheqishi.com
• y1s.cn
  

Key Topics Covered:

1 Basic Situation of Auto Repair & Beauty Industry

2 Aftermarket Analysis

3 Auto Repair & Beauty Industry

4 Internet + Auto Repair& Beauty

5 Auto Repair & Beauty Chain Enterprises in China

For more information about this report visit http://www.researchandmarkets.com/research/44hwck/china_auto_repair

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Related Topics: Automotive Repair