In 2023, the number of establishments in the repair of motor vehicles and motorcycles sector in Brazil stood at 1.602 million. The forecasted data from 2024 to 2028 indicates a slight annual decline, with a year-on-year decrease of approximately 0.14%. Over the five-year span from 2024 to 2028, the compound annual growth rate (CAGR) reflects a steady decline of 0.14% per year.
Future trends to watch for include the impact of technology advancements on repair services, the potential growth of electric vehicles influencing market demand, and economic factors affecting business continuity and entry into the sector.
