Global Car Care Products Market to Grow at 3.15% During 2024-2032, Impelled by Increasing Automotive Sales

May 30, 2022 | Automotive Industry

According to the latest report by IMARC Group, titled "Car Care Products Market Report by Product Type (Car Cleaning Products, Car Polish, Car Wax, Wheel and Tire Care Products, Glass Cleaners, and Others), Application (Interior, Exterior), Distribution Channel (DIY/Retail Stores, DIFM/Service Centers), and Region 2024-2032," the global car care products market is expected to grow at a CAGR of 3.15% during 2024-2032. Car care products include multiple product variants that are generally used for the maintenance and cleaning of vehicles. It comprises lubricants, compounds, polishes, cleaning supplies, acrylic foam, wire harness tape, roof stiffener, finishing glazes, and buffing pads. Since these products aid in protecting automobiles from sun rays and airborne contaminants as well as restoring the shine of vehicles, there has been a considerable rise in the adoption of various car care products. Also, the easy availability of diversified product variants via online and offline organized retail channels is providing an impetus to the market growth.

Global Car Care Products Market Trends:

The global market is primarily driven by increasing automotive sales. This is supported by the growing need for easy commutation, along with the inflating disposable income level of the masses. Along with this, the escalating number of automobile variants is creating a positive market outlook across the globe. Furthermore, the introduction of eco-friendly car care products due to an enhanced focus on sustainable development among the masses is contributing to the market. Additionally, several players are heavily investing in the deployment of home-based professional car washing services across multiple countries, due to which car care products are gaining widespread prominence among individuals. Other factors, including the rising number of car service centers and the development of aggressive marketing strategies and celebrity endorsements, are also positively influencing the market.

Market Summary:

  • On the basis of the product type, the market has been segregated into car cleaning products, car polish, car wax, wheel and tire care products, glass cleaners and others.
  • Based on the application, the market has been bifurcated into the interior and exterior.
  • On the basis of the distribution channel, the market has been segmented into DIY/retail stores and DIFM/service centers.
  • Based on the region, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Latin America (Brazil, Mexico and others) and the Middle East and Africa.
  • The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market. Some of these players include 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Product Type, Application, Distribution Channel, Region
Region Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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
Customization Scope 10% Free Customization
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Post-Sale Analyst Support 10-12 Weeks
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Global Car Care Products Market to Grow at 3.15% During 2024-2032, Impelled by Increasing Automotive Sales
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