Reports

Global Car Care Product Market

Global Car Care Product Market: By Type: Cleaning and Caring, Polishing and Waxing, Sealing Glaze and Coating; By Solvent Type: Water Based, Foam Based; By Application; By Consumption; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Car Care Product Market Outlook

The global car care product market is estimated to expand from USD 14.1 billion in 2022 to USD 21.2 billion by 2028 at a CAGR of 7.1% over the forecast period of 2023-2028. Car care products include vehicle buffers, vehicle polishers, dusters, washing brushes, car wash towels, towels, squeegees, scrapers, and other car maintenance accessories.

 

Global Car Care Product Market

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Market Segmentation

The car care products are used for the maintenance of a car. The global car care product industry can be divided on the basis of its application, type, solvent type, and consumption.

The industry can be broadly categorised on the basis of its application into:

  • Interior
  • Exterior

 

Global Car Care Product Market

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The industry can be segmented on the basis of its type into:

  • Cleaning and Caring
  • Polishing and Waxing
  • Sealing Glaze and Coating
  • Others

The industry can be divided on the basis of its solvent type as water based and foam based. On the basis of its consumption, the industry can be divided into auto beauty shops, service centres and garages, and individual sources, among others.

The EMR report further looks into the regional markets for car care product like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Market Analysis

Increased availability of water-based solvents, increasing customer awareness regarding vehicle maintenance, increased sales of new cars, rising disposable income, advancement in technology, etc. are some of the key factors for the market growth. The Asia Pacific leads the car care product market. China and Australia, among other countries, hold the largest market share within the Asia Pacific region. In developing economies such as India, the increase in per capita income will aid the market further. Due to the rise in premium car sales, the demand for car care products have increased, thus, aiding the market growth further.

 

Global Car Care Product Market

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Competitive Landscape

The report presents a detailed analysis of the following key players in the global market for car care product, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • 3M Company (NYSE: MMM)
  • Turtle Wax, Inc.
  • Soft99 Corporation  
  • Tetrosyl Limited
  • Liqui Moly GmbH 
  • Simoniz USA, Inc.
  • SONAX GmbH
  • Autoglym (Altro Limited)
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Solvent Type, Application, Consumption, Region
Breakup by Type Cleaning and Caring, Polishing and Waxing, Sealing Glaze and Coating, Others
Breakup by Solvent Type Water Based, Foam Based
Breakup by Application Interior, Exterior
Breakup by Consumption Auto Beauty Shops, Service Centres and Garages, Individual Sources, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered 3M Company, Turtle Wax, SONAX GmbH, Soft99 Corporation, Tetrosyl Limited, Liqui Moly GmbH, Simoniz USA, Inc., Autoglym (Altro Limited), Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Car Care Product Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Car Care Product Historical Market (2018-2022) 
    8.3    Global Car Care Product Market Forecast (2023-2028)
    8.4    Global Car Care Product Market by Type
        8.4.1    Cleaning and Caring
            8.4.1.1    Historical Trend (2018-2022)
            8.4.1.2    Forecast Trend (2023-2028)
        8.4.2    Polishing and Waxing 
            8.4.2.1    Historical Trend (2018-2022)
            8.4.2.2    Forecast Trend (2023-2028)
        8.4.3    Sealing Glaze and Coating
            8.4.3.1    Historical Trend (2018-2022)
            8.4.3.2    Forecast Trend (2023-2028)
        8.4.4    Others
    8.5    Global Car Care Product Market by Solvent Type
        8.5.1    Water Based
            8.5.1.1    Historical Trend (2018-2022)
            8.5.1.2    Forecast Trend (2023-2028)
        8.5.2    Foam Based
            8.5.2.1    Historical Trend (2018-2022)
            8.5.2.2    Forecast Trend (2023-2028)
    8.6    Global Car Care Product Market by Application
        8.6.1    Interior
            8.6.1.1    Historical Trend (2018-2022)
            8.6.1.2    Forecast Trend (2023-2028)
        8.6.2    Exterior 
            8.6.2.1    Historical Trend (2018-2022)
            8.6.2.2    Forecast Trend (2023-2028)
    8.7    Global Car Care Product Market by Consumption
        8.7.1    Auto Beauty Shops
            8.7.1.1    Historical Trend (2018-2022)
            8.7.1.2    Forecast Trend (2023-2028)
        8.7.2    Service Centres and Garages 
            8.7.2.1    Historical Trend (2018-2022)
            8.7.2.2    Forecast Trend (2023-2028)
        8.7.3    Individual Sources 
            8.7.3.1    Historical Trend (2018-2022)
            8.7.3.2    Forecast Trend (2023-2028)
        8.7.4    Others
    8.8    Global Car Care Product Market by Region       
        8.8.1    North America
            8.8.1.1    Historical Trend (2018-2022) 
            8.8.1.2    Forecast Trend (2023-2028)
        8.8.2    Europe
            8.8.2.1    Historical Trend (2018-2022) 
            8.8.2.2    Forecast Trend (2023-2028)
        8.8.3    Asia Pacific
            8.8.3.1    Historical Trend (2018-2022) 
            8.8.3.2    Forecast Trend (2023-2028)
        8.8.4    Latin America
            8.8.4.1    Historical Trend (2018-2022) 
            8.8.4.2    Forecast Trend (2023-2028)
        8.8.8    Middle East and Africa
            8.8.8.1    Historical Trend (2018-2022) 
            8.8.8.2    Forecast Trend (2023-2028) 
9    North America Car Care Product Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2022) 
        9.1.2    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Historical Trend (2018-2022) 
        9.2.2    Forecast Trend (2023-2028)
10     Europe Car Care Product Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2022) 
        10.1.2    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Historical Trend (2018-2022) 
        10.2.2    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Historical Trend (2018-2022) 
        10.3.2    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Historical Trend (2018-2022) 
        10.4.2    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Car Care Product Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2022) 
        11.1.2    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Historical Trend (2018-2022) 
        11.2.2    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Historical Trend (2018-2022) 
        11.3.2    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2022) 
        11.4.2    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.2    Historical Trend (2018-2022) 
        11.5.2    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Car Care Product Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2022) 
        12.1.2    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2022) 
        12.2.2    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2022) 
        12.3.2    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Car Care Product Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2022) 
        13.1.2    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2022) 
        13.2.2    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2022) 
        13.3.2    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2022) 
        13.4.2    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape
    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Soft99 Corporation
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Tetrosyl Limited
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Liqui Moly GmbH 
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Simoniz USA, Inc.
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    SONAX GmbH
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
         16.2.6    3M Company
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Turtle Wax, Inc.
            16.2.7.1    Company Overview
            16.2.7.2    Product Portfolio
            16.2.7.3    Demographic Reach and Achievements
            16.2.7.4    Certifications
        16.2.8    Autoglym (Altro Limited)
            16.2.8.1    Company Overview
            16.2.8.2    Product Portfolio
            16.2.8.3    Demographic Reach and Achievements
            16.2.8.4    Certifications
        16.2.9    Others
17    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Car Care Product Market: Key Industry Highlights, 2018 and 2028
2.    Global Car Care Product Historical Market: Breakup by Type (USD Million), 2018-2022
3.    Global Car Care Product Market Forecast: Breakup by Type (USD Million), 2023-2028
4.    Global Car Care Product Historical Market: Breakup by Solvent Type (USD Million), 2018-2022
5.    Global Car Care Product Market Forecast: Breakup by Solvent Type (USD Million), 2023-2028
6.    Global Car Care Product Historical Market: Breakup by Application (USD Million), 2018-2022
7.    Global Car Care Product Market Forecast: Breakup by Application (USD Million), 2023-2028
8.    Global Car Care Product Historical Market: Breakup by Consumption (USD Million), 2018-2022
9.    Global Car Care Product Market Forecast: Breakup by Consumption (USD Million), 2023-2028
10.    Global Car Care Product Historical Market: Breakup by Region (USD Million), 2018-2022
11.    Global Car Care Product Market Forecast: Breakup by Region (USD Million), 2023-2028
12.    North America Car Care Product Historical Market: Breakup by Country (USD Million), 2018-2022
13.    North America Car Care Product Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Europe Car Care Product Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Europe Car Care Product Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Asia Pacific Car Care Product Historical Market: Breakup by Country (USD Million), 2018-2022
17.    Asia Pacific Car Care Product Market Forecast: Breakup by Country (USD Million), 2023-2028
18.    Latin America Car Care Product Historical Market: Breakup by Country (USD Million), 2018-2022
19.    Latin America Car Care Product Market Forecast: Breakup by Country (USD Million), 2023-2028
20.    Middle East and Africa Car Care Product Historical Market: Breakup by Country (USD Million), 2018-2022
21.    Middle East and Africa Car Care Product Market Forecast: Breakup by Country (USD Million), 2023-2028
22.    Global Car Care Product Market Structure

Key Questions Answered in the Report

What was the global car care product market size in 2022?

In 2022, the global car care product market attained a value of nearly USD 14.1 billion.

What is the growth rate of the global car care product market?

The market is projected to grow at a CAGR of 7.1% between 2023 and 2028.

What is the forecast outlook of the global car care product market for 2023-2028?

The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach USD 21.2 billion by 2028.

What are the major market drivers?

The major market drivers are rising population, increased urbanisation, rising technological advancements, and the increased sales of car due to increase in disposable incomes.

What are the key trends of the global car care product market?

The key trends in the market are increased availability of water-based solvents and the increasing customer awareness regarding vehicle maintenance.

What are the major regional markets of car care product, according to the EMR report?

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the different types of the product?

The different types of the product are cleaning and caring, polishing and waxing, sealing glaze and coating, among others.

What are the major applications of car care product?

The major applications of car care products are interior and exterior.

What are the several solvent types of car care products?

The several solvent types of car care products are water based and foam based.

What are the various consumption segments of car care products?

The various consumption segments of car care products are auto beauty shops, service centres and garages, and individual sources, among others.

Who are the key market players, according to the report?

The major market players include Soft99 Corporation, Tetrosyl Limited, Liqui Moly GmbH, Simoniz USA, Inc., SONAX GmbH, 3M Company, Turtle Wax, Inc., and Autoglym (Altro Limited), among others.

Analyst Review

The global car care product market attained a value of USD 14.1 billion in 2022, driven by the increased availability of water-based solvents, increasing customer awareness regarding vehicle maintenance. Aided by the are increased sales of new cars, rising disposable income, advancement in technology, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 7.1%. The market is projected to reach USD 21.2 billion by 2028.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The types of the product can be categorised into cleaning and caring, polishing and waxing, sealing glaze and coating, among others. The solvent types include water based and foam based. Based on its applications, the car care product industry can be segmented into interior and exterior, with interior accounting for the largest market share. The consumption sectors include auto beauty shops, service centres and garages, and individual sources, among others. Major regional markets for car care product are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include 3M Company, Turtle Wax, SONAX GmbH, Soft99 Corporation, Tetrosyl Limited, Liqui Moly GmbH, Simoniz USA, Inc., Autoglym (Altro Limited), Others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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