Global Car Care Products Market Outlook, Opportunities And Strategies – Includes Car Care Products Market Size
Learn about the global car care products market through The Business Research Company, which provides information on car care products market size, car care products market drivers and restraints, car care products market players, the COVID-19 impact on the car care products market, and more.
The global car care products market is expected to grow from $9.04 billion in 2021 to $9.49 billion in 2022 at a compound annual growth rate (CAGR) of 4.92%. The global car care products market is expected to reach $12.47 billion in 2026 at a CAGR of 7.06%.
The rising sales of used cars are expected to propel the growth of the car care products market during the forecast period
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The car care products market consists of the sale of car care products by entities (organizations, sole traders, and partnerships) that refer to high-quality chemicals that are used to prevent and fix damage to cars, such as scratches, to ensure that utmost care is provided to each part of the car and to retain the visual appeal of the car. These products are used to attain better shine, gloss, and longevity on various exterior and interior parts of cars.
Global car care products market segments include:
By Product Type: Car Cleaning Products, Car Polish, Car Wax, Wheel and Tire Care Products, Glass Cleaners, Others
By Distribution Channel: DIY/Retail Stores, DIFM/Service Centres
By Solvent Type: Water Based, Foam Based
By Application: Interior, Exterior
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global car care products market in 2021.
Anti-microbial car care products are a key trend gaining popularity in the car care products market. Anti-microbial car care products help drivers and passengers of a vehicle protect themselves from various diseases and health issues caused by bacterial infection. Thus, car care product manufacturers are accelerating the development of anti-microbial car care products to meet customer demand and strengthen their business presence across the globe.
Major Market Players: 3M Company, Illinois Tool Works Inc., Simoniz USA Inc., SOFT99 Corporation, Sonax GmbH, Tetrosyl Ltd, Turtle Wax, Liqui Moly GmbH, Chemical Guys, BULLSONE Co., Ltd, Jopasu India Pvt. Ltd, Cartec B.V., Armored Auto Group, MAFRA S.p.A, Wurth Group, Northern Labs, Auto Magic, Formula 1 Wax, and Guangzhou Biaobang.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031).
The Car Care Products Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides car care products market overviews, analyzes and forecasts market size, share, car care products market players, car care products market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s car care products market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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