2024 Automotive Parts & Accessories Stores Industry Statistics Report

Automotive Parts & Accessories Stores - Market Size and Industry Forecast

The 2024 Automotive Parts and Accessories Stores Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2019 to 2029 reflect industry trends and growth patterns. Revenues include both public and private companies in the Automotive Parts & Accessories Stores industry.

Market Size (Total Revenue)


% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Industry Market Size
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023

Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Automotive Parts & Accessories Stores - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Automotive Parts & Accessories Stores companies in the United States.

Automotive Parts & Accessories Stores Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesAutomotive Parts & Accessories Stores
Small Business (< 5 Employees)


Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Automotive Parts & Accessories Stores - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue


Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits



Depreciation and Amortization

Officer Compensation

Net Income

Automotive Parts & Accessories Stores - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios


Profit Margin
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Automotive Parts & Accessories Stores - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total


Automotive tires, tubes, batteries, parts, accessories
Automotive parts, new and rebuilt, including wheels
Automotive supplies
Auto access, including safety & comfort related items
Automotive parts, used, including wheels
Automotive batteries
Automotive lubricants, including oil, greases
All nonmerchandise receipts
Audio equip, musical instr, radios, stereos, cds, records

Automotive Parts & Accessories Stores - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations3%


Chief Executives0%
General and Operations Managers2%
Sales and Related Occupations41%
Supervisors of Sales Workers6%
First-Line Supervisors of Sales Workers6%
First-Line Supervisors of Retail Sales Workers6%
Retail Sales Workers33%
Counter and Rental Clerks and Parts Salespersons22%
Parts Salespersons20%
Retail Salespersons11%
Retail Salespersons11%
Office and Administrative Support Occupations8%
Installation, Maintenance, and Repair Occupations32%
Vehicle and Mobile Equipment Mechanics, Installers, and Repairers28%
Automotive Technicians and Repairers12%
Automotive Service Technicians and Mechanics12%
Miscellaneous Vehicle and Mobile Equipment Mechanics, Installers, and Repairers15%
Tire Repairers and Changers15%
Transportation and Material Moving Occupations15%
Motor Vehicle Operators13%
Driver/Sales Workers and Truck Drivers13%
Light Truck or Delivery Services Drivers12%

Government Contracts

In the past, the federal government spent an annual total of $4,677,992 on the automotive parts & accessories stores industry. It has awarded 1,129 contracts to 144 companies, with an average value of $32,486 per company.

Automotive Parts & Accessories Stores and Adjacent Industries - Top Companies

($ Millions)


Automotive Parts & Accessories Stores Industry Research
GeographyUnited States  
Publication DateMay 2024
Report FormatPDF Download  PDF

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