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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 12.18 billion in 2020 to USD 18.07 billion by 2026 at a CAGR of 6.8% 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:

 

Global Car Care Product Market By Application

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  • Interior
  • Exterior

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.

 

Global Car Care Product Market By Region

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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.

 

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    Industry Opportunities and Challenges
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    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Polishing and Waxing 
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
        8.4.3    Sealing Glaze and Coating
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2018-2022)
            8.4.3.3    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    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Foam Based
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
    8.6    Global Car Care Product Market by Application
        8.6.1    Interior
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2022)
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Exterior 
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022)
            8.6.2.3    Forecast Trend (2023-2028)
    8.7    Global Car Care Product Market by Consumption
        8.7.1    Auto Beauty Shops
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2018-2022)
            8.7.1.3    Forecast Trend (2023-2028)
        8.7.2    Service Centres and Garages 
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2018-2022)
            8.7.2.3    Forecast Trend (2023-2028)
        8.7.3    Individual Sources 
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2018-2022)
            8.7.3.3    Forecast Trend (2023-2028)
        8.7.4    Others
    8.8    Global Car Care Product Market by Region
        8.8.1    Market Share
            8.8.1.1    North America
            8.8.1.2    Europe
            8.8.1.3    Asia Pacific
            8.8.1.4    Latin America
            8.8.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2018-2022)
        9.1.2    Forecast Trend (2023-2028)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2018-2022)
        9.2.2    Forecast Trend (2023-2028)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2018-2022)
        9.3.2    Forecast Trend (2023-2028)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2018-2022)
        9.4.2    Forecast Trend (2023-2028)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2018-2022)
        9.5.2    Forecast Trend (2023-2028)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Soft99 Corporation
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Tetrosyl Limited
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Liqui Moly GmbH 
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Simoniz USA, Inc.
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    SONAX GmbH
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
         12.2.6    3M Company
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Turtle Wax, Inc.
            12.2.7.1    Company Overview
            12.2.7.2    Product Portfolio
            12.2.7.3    Demographic Reach and Achievements
            12.2.7.4    Certifications
        12.2.8    Autoglym (Altro Limited)
            12.2.8.1    Company Overview
            12.2.8.2    Product Portfolio
            12.2.8.3    Demographic Reach and Achievements
            12.2.8.4    Certifications
        12.2.9    Others
13    Industry Events and Developments


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

In 2020, the global car care product market attained a value of nearly USD 12.18 billion.

The market is projected to grow at a CAGR of 6.8% between 2021 and 2026.

The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach USD 18.07 billion by 2026.

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

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

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

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

The application segment is led by interior car care products.

The solvent types include water based and foam based.

The consumption sectors include auto beauty shops, service centres and garages, and individual sources, among others.

The major players in the industry 3M Company, Turtle Wax, SONAX GmbH, Soft99 Corporation, Tetrosyl Limited, Liqui Moly GmbH, Simoniz USA, Inc., Autoglym (Altro Limited), Others.

Analyst Review

The global car care product market attained a value of USD 12.18 billion in 2020, 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 6.8%. The market is projected to reach USD 18.07 billion by 2026.

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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