Car Care Products Market Share, Size and Forecast 2021-2026

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Car Care Products Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global car care products market exhibited moderate growth during 2015-2020. Cars are regularly exposed to sand, gravel, sun rays, tree sap, road asphalt, deicing agents, bird droppings, and airborne contaminants. These pollutants can damage protective coatings and deteriorate automotive finishes. Consequently, there is a rise in the demand for car care products worldwide as they assist in restoring the interiors, cleaning the outer body, extending the life, and adding to the value of the vehicle. Car care products generally include pads, cleaners, sprays, waxes, anti-aging moisturizing milk, and dust repellents. At present, leading manufacturers are introducing novel products, such as powerful degreasers that can eliminate engine grease and clean dirt buildup on wheels and tires.

The rising demand for private vehicles due to the increasing consumer spending and the emerging suburbanization trend represents one of the main factors fueling the market growth. Besides this, with the growing adoption of luxury cars and sports utility vehicles (SUVs) for outdoor recreational activities, the need for effective car care products is also increasing. Moreover, the leading players are offering these products through online platforms to expand their consumer base. Apart from this, the increasing consumer awareness about the maintenance of vehicles is catalyzing the demand for innovative cleansing products to maintain car seats, restore colors, and eliminate unpleasant odors and traces of nicotine. These products also help in refining plastic parts and dashboards and removing dirt safely while providing finish and maintaining the shine. Furthermore, the rising sales of used cars are anticipated to provide lucrative opportunities to market players. Looking forward, IMARC Group expects the global car care products market to grow at a CAGR of around 4% during the forecast period (2021-2026).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global car care products market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, product type, application and distribution channel.

Breakup by Product Type:

Car Cleaning Products
Car Polish
Car Wax
Wheel and Tire Care Products
Glass Cleaners
Others

Breakup by Application:

Interior
Exterior

Breakup by Distribution Channel:

DIY/Retail Stores
DIFM/Service Centers

Breakup by Region:

North America
- United States
- Canada
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being 3M Company, Adolf Würth GmbH & Co. KG, Autoglym (The Altro Group plc), BULLSONE Co.Ltd, Illinois Tool Works Inc., Jopasu India Pvt. Ltd., Simoniz USA Inc., SOFT99 Corporation, Sonax GmbH, Tetrosyl Ltd. and Turtle Wax.

Key Questions Answered in This Report:

How has the global car care products market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global car care products market?
What are the key regional markets?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the application?
What is the breakup of the market based on the distribution channel?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global car care products market and who are the key players?
What is the degree of competition in the industry?