Oil Change Services in the US - Industry Market Research Report

Oil Change Services in the US - Industry Market Research Report

  • May 2017
  • 32 pages
  • Ibisworld
Report ID: 209227
Shifting gears: Operators will rely more on add-on serves as competition grows

Oil Change Services in the US

Despite the economic recovery, the industry remained subdued over the five years to 2017, due to volatile oil prices. The world price of crude oil increased significantly prior to the five-year period and continued to decline in 2012, which discouraged many consumers from driving their vehicles. Fewer vehicle miles driven equated to less demand for oil change and other maintenance services, causing industry revenue to decline in 2012 and 2013. However, the industry turned a corner in 2014, in line with dropping oil prices.

Additionally, an increase in per capita disposable income has encouraged consumers to release pent-up demand for big-ticket items, which has led to a rise in the number of motor vehicle registrations. The number of cars on the road affects industry demand, with increases leading to sales volume growth. Nonetheless, because revenue declined in the beginning of the period, industry revenue is expected to rise only slightly over the five years to 2017. This small increase is expected to continue over the next five years, as the economy gains steam, disposable income rises and consumers travel more.

Industry operators change motor oil, lubricate the chassis of automotive vehicles and provide other automotive repair and maintenance services, such as tire rotations and liquid flushes. Unlike auto mechanics, companies in this industry do not provide mechanical and electrical repair and maintenance. Industry operators are also not involved in body, paint, interior and glass repair. Companies that provide car wash services are also not included.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

MAJOR COMPANIES
Royal Dutch/Shell Group
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Country=Netherlands Industry=MotorVehicle ParentIndustry=Automotive Date=201705 Topic=MarketReport Publisher=Ibisworld Price=1000