Car Care Products Industry Overview

The global car care products market size was valued at USD 10.2 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 3.6% from 2022 to 2030. The market is expected to be driven by the growth of the automotive industry around the world. The industry is expected to grow further due to the increasing disposable income in developing countries, along with the increasing consumer awareness regarding vehicle repair and maintenance. Moreover, an increase in the importance of aesthetics in automobiles, especially private vehicles, is expected to benefit the industry dynamics during the forecast period.

Gather more insights about the market drivers, restrains and growth of the Car Care Products Market

The U.S. market for car care products is expected to grow in the coming years on account of the robust growth in the automobile industry. The industry is further likely to expand owing to the establishments by prominent players such as Ford Motors and General Motors. Moreover, the presence of manufacturers of car care products, such as 3M, along with their establishments for car care across the country, is expected to augment the industry growth.

The market is witnessing faster growth in Asia Pacific and North America. The growth can be attributed to the increasing demand from the growing automotive sector in key economies such as the U.S., Mexico, China, and India. The rise in the disposable income of consumers has led to the rise in the purchase of automobiles. Cars require specialty products to maintain their appearance and performance in the long run, which is, in turn, favoring the industry growth in this region.

The competition is primarily driven by the application scope. The rapid growth of the automotive industry, most notably in the emerging economies in Asia Pacific, offers various opportunities to the product manufacturers to expand their product portfolios and market reach. The development of specialty wax and polishes for luxury cars is expected to augment the demand for car care products over the forecast period.

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• The global electric vehicle market size was estimated at USD 1,070.77 billion in 2023 and is anticipated to grow at a CAGR of 33.6% from 2024 to 2030.
• The global automotive air filters market size was estimated at USD 4.40 billion in 2022 and is expected to register a compound annual growth rate (CAGR) of 5.5% from 2023 to 2030.

Car Care Products Market Segmentation

Grand View Research has segmented the global car care products market based on product, packaging volume, end-use, distribution channel, and region:

Car Care Products Product Outlook (Revenue, USD Million, 2017 - 2030)

• Car Cleaning Products
• Car Polish
• Car Wax
• Glass Cleaning Products
• Interior Care Products
• Wheel & Tire Care Products
• Others

Car Care Products Packaging Volume Outlook (Revenue, USD Million, 2017 - 2030)

• Less than 250 ml
• 251 - 500 ml
• 501 - 999 ml
• 1000 - 5000 ml
• More than 5000 ml

Car Care Products End-use Outlook (Revenue, USD Million, 2017 - 2030)

• Retail (B2C)
• Professional (B2B)

Car Care Products Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• E-commerce
• Retail Chains
• Care Detailing Stores

Car Care Products Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
  1. U.S.
  2. Canada
  3. Mexico
• Europe
  1. Germany
  2. U.K.
  3. France
  4. Italy
  5. Spain
  6. Russia
  7. Netherlands
• Asia Pacific
  1. China
  2. India
  3. Japan
  4. South Korea
  5. Indonesia
  6. Australia
• Central & South America
  1. Brazil
  2. Argentina
  3. Chile
• Middle East & Africa
  1. Iran
  2. UAE
  3. Saudi Arabia

Key Companies profiled:

• 3M
• Sonax GmbH
• Tetrosyl Ltd.
• Chemical Guys
• Armor All
• Adolf Wurth Group
• MAFRA S.p.A.
• Cartec B.V.
• Turtle Wax, Inc.
• Liqui Moly GmbH
• Autoglym
• Mothers
• Adam's Polishes
• Griot's Garage
• Jopasu India Pvt. Ltd.

Key Car Care Products Company Insights

• The market for car care products is fragmented with the presence of key players such as 3M; Tetrosyl; Armor All; Sonax; and Turtle Wax Inc. The players face intense competition from each other as well as from regional players with strong distribution networks and know-how about suppliers and regulations. The manufacturers of car care products also supply to garages and workshops, which, in turn, intensifies the competition.
• Key players such as 3M Company, Inc.; The Clorox Company; and Valvoline Inc. have formed mergers and acquired the production facilities or divisions of smaller players as a part of their strategies to enhance their scope of operations and provide better services to clients. The companies operate in multiple locations across Europe, North America, and Asia Pacific with global expansion plans. A large number of key players are concentrated in the U.S. and regional players in the developed nations of Asia Pacific.

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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