South Korea Automotive Collision Repair Market to 2032
Overview
The South Korea Automotive Collision Repair Market is expected to reach a 3.24 USD Billion by 2032 and is projected to grow at a CAGR of 5.54% from 2025 to 2032.
Revenue, 2024 (USD Billion)
2.22
Forecast, 2032 (USD Billion)
3.24
CAGR, 2024 - 2032
5.54%
Report Coverage
South Korea
South Korea Automotive Collision Repair Market 2018-2032 USD Billion
South Korea Automotive Collision Repair Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 2.22 USD Billion
- Projected Market Size (2032): 3.24 USD Billion
- CAGR (2025-2032): 5.54%
Key Findings of South Korea Automotive Collision Repair Market
- The South Korea Automotive Collision Repair Market was valued at 2.22 USD Billion in 2024.
- The South Korea Automotive Collision Repair Market is likely to grow at a CAGR of 5.54% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Passenger Cars in Vehicle Type Segment accounted for the largest share of the market with a revenue of 2.58 USD Billion
- The fastest growing segment Dent Removal in Repair Type Segment grew Fastest with a CAGR of 6.81% during the forecast period from 2024 to 2032.
South Korea Automotive Collision Repair Market Scope
South Korea Automotive Collision Repair Market Segmentation & Scope
Vehicle Type
- Commercial Vehicle
- Two Wheelers
- Passenger Cars
Repair Type
- Others
- Auto Detailing
- Scratch Removal
- Paint Matching
- Replacing Doors Or Panels
- Straightening Out Bent Metal
- Auto Glass Replacement
- Dent Removal
Product Type
- Consumables
- Paintings & Coatings
- Replacement Parts
- Spare Parts
Service Channel
- DIY (Do it Yourself)
- DIFM (Do it for Me)
- OE
Shop Type
- Independent Repair Shops
- Dealer Owned Shops
- Auto Body Shops
Sales Channel
- Salvage
- Remanufactured
- Recycled
- Aftermarket
- New OEM
South Korea Automotive Collision Repair Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2023 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 2.22 USD Billion |
| Market Value in 2032 | 3.24 USD Billion |
| CAGR (2025-2032) | 5.54% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Vehicle Type,Repair Type,Product Type,Service Channel,Shop Type,Sales Channel |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 2.22 USD Billion in 2024
- Key Country: South Korea, leading in terms of revenue with value of 2,219.76 USD Million in 2024.
Segments and Scope
-
South Korea Automotive Collision Repair Market to 2032, By Vehicle Type
- Passenger Cars is the largest segment in South Korea Automotive Collision Repair Market to 2032 with a revenue of 2.58 USD Billion in the year 2024.
- Passenger Cars is the Fastest growing segment in South Korea Automotive Collision Repair Market to 2032 with a Growth rate of 5.84 % in forecast period 2025-2032.
-
South Korea Automotive Collision Repair Market to 2032, By Repair Type
- Dent Removal is the largest segment in South Korea Automotive Collision Repair Market to 2032 with a revenue of 548.62 USD Billion in the year 2024.
- Dent Removal is the Fastest growing segment in South Korea Automotive Collision Repair Market to 2032 with a Growth rate of 6.81 % in forecast period 2025-2032.
-
South Korea Automotive Collision Repair Market to 2032, By Product Type
- Spare Parts is the largest segment in South Korea Automotive Collision Repair Market to 2032 with a revenue of 832.45 USD Billion in the year 2024.
- Spare Parts is the Fastest growing segment in South Korea Automotive Collision Repair Market to 2032 with a Growth rate of 6.18 % in forecast period 2025-2032.
-
South Korea Automotive Collision Repair Market to 2032, By Service Channel
- OE is the largest segment in South Korea Automotive Collision Repair Market to 2032 with a revenue of 1.54 USD Billion in the year 2024.
- OE is the Fastest growing segment in South Korea Automotive Collision Repair Market to 2032 with a Growth rate of 5.81 % in forecast period 2025-2032.
-
South Korea Automotive Collision Repair Market to 2032, By Shop Type
- Auto Body Shops is the largest segment in South Korea Automotive Collision Repair Market to 2032 with a revenue of 1.29 USD Billion in the year 2024.
- Auto Body Shops is the Fastest growing segment in South Korea Automotive Collision Repair Market to 2032 with a Growth rate of 5.74 % in forecast period 2025-2032.
-
South Korea Automotive Collision Repair Market to 2032, By Sales Channel
- New OEM is the largest segment in South Korea Automotive Collision Repair Market to 2032 with a revenue of 922.57 USD Billion in the year 2024.
- New OEM is the Fastest growing segment in South Korea Automotive Collision Repair Market to 2032 with a Growth rate of 5.95 % in forecast period 2025-2032.
South Korea Automotive Collision Repair Market Company Share Analysis
| Company Name |
|
||
| Robert Bosch GmbH | |||
| 3M | |||
| DENSO CORPORATION | |||
| Continental AG | |||
| Tenneco Inc. | |||
South Korea Automotive Collision Repair Market Geographical Sales Distribution, 2018-2032 USD Billion
South Korea Automotive Collision Repair Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Automotive Collision Repair Market is segmented based on Segmentation Vehicle Type,Repair Type,Product Type,Service Channel,Shop Type,Sales Channel.
South Korea Automotive Collision Repair Market was valued at USD 2.22(Revenue in USD Billion) in 2023.
South Korea Automotive Collision Repair Market is projected to grow at a CAGR of 5.54% during the forecast period of 2024 to 2032.
The Passenger Cars segment is expected to dominate the South Korea Automotive Collision Repair Market, holding a largest market share of 2.58 USD Billion in 2024
South Korea Automotive Collision Repair Market Scope
South Korea Automotive Collision Repair Market Segmentation & Scope
Vehicle Type
- Commercial Vehicle
- Two Wheelers
- Passenger Cars
Repair Type
- Others
- Auto Detailing
- Scratch Removal
- Paint Matching
- Replacing Doors Or Panels
- Straightening Out Bent Metal
- Auto Glass Replacement
- Dent Removal
Product Type
- Consumables
- Paintings & Coatings
- Replacement Parts
- Spare Parts
Service Channel
- DIY (Do it Yourself)
- DIFM (Do it for Me)
- OE
Shop Type
- Independent Repair Shops
- Dealer Owned Shops
- Auto Body Shops
Sales Channel
- Salvage
- Remanufactured
- Recycled
- Aftermarket
- New OEM
Frequently Asked Questions
The South Korea Automotive Collision Repair Market is segmented based on Segmentation Vehicle Type,Repair Type,Product Type,Service Channel,Shop Type,Sales Channel.
South Korea Automotive Collision Repair Market was valued at USD 2.22(Revenue in USD Billion) in 2023.
South Korea Automotive Collision Repair Market is projected to grow at a CAGR of 5.54% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Automotive Collision Repair Market for final year is USD 3.24 (USD Billion).
South Korea Automotive Collision Repair Market Company Profiling
Frequently Asked Questions
The South Korea Automotive Collision Repair Market is segmented based on Segmentation Vehicle Type,Repair Type,Product Type,Service Channel,Shop Type,Sales Channel.
South Korea Automotive Collision Repair Market was valued at USD 2.22(Revenue in USD Billion) in 2023.
South Korea Automotive Collision Repair Market is projected to grow at a CAGR of 5.54% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Automotive Collision Repair Market for final year is USD 3.24 (USD Billion).
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