New York, United States, June 26, 2023 (GLOBE NEWSWIRE) -- Products for car care are designed to prevent or remedy flaws like scratches, swirl marks, and paint fading. Wax, polish, paint protection products, tire cleaners, rim protectors, and glass cleaners are a few examples of the chemicals used in the appearance of automobiles. The boost in consumer spending on vehicle maintenance and appearance preservation is a critical reason for the market growth for automobile care products.
Competitors in Car Care Products Market
- Northern Car Care
- 3M
- Adolf Würth GmbH & Co. KG
- Amtra Sp. z.o.o
- Auto Magic
- Autoglym
- Cartec BV
- Chemical Guys
- Armor All
- Jopasu India Pvt. Ltd.
- Liqui Moly GmbH
- MA-FRA S.p.A.
- Simoniz USA
- SONAX GmbH
- Tetrosyl Ltd.
- Turtle Wax Inc.
- Illinois Tool Works Inc
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Report Scope
| Report Metric | Details |
| Market Size by 2031 | USD 13.81 billion |
| Market Size in 2022 | USD 10.40 billion |
| CAGR | 3.20% (2023-2031) |
| Historical Data | 2020-2021 |
| Base Year | 2022 |
| Forecast Period | 2023-2031 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Product, Packaging Volume, End-User, Distribution Channel |
| Geographies Covered | North America, Europe, Asia-Pacific, LAME and Rest of the World |
| Key Companies Profiled/Vendors | Northern Car Care, 3M, Adolf Würth GmbH & Co. KG, Amtra Sp. z.o.o, Auto Magic, Autoglym, Cartec BV, Chemical Guys, Armor All, Jopasu India Pvt. Ltd., Liqui Moly GmbH, MA-FRA S.p.A., Simoniz USA, SONAX GmbH, Tetrosyl Ltd., and Turtle Wax, Inc., and Illinois Tool Works Inc. |
| Key Market Opportunities | Improving Vehicle Maintenance and Repair Consultation |
| Key Market Drivers | Development of the Automotive Sector |
Key Highlights
- The global car care products market size is projected to reach USD 13.81 billion by 2031, growing at a CAGR of 3.20% during the forecast period (2023-2031).
- Based on product, the global car care products market is bifurcated into car cleaning products, car polish, car wax, glass cleaning products, interior care products, and wheel and tire care products. The cleaning products segment is the highest contributor to the market and is expected to grow at a CAGR of 4.50% during the forecast period.
- Based on packaging volume, the global car care products market is bifurcated into less than 250 ml, 250 - 500 ml, 501 -999 ml, 1000 - 5000 ml, and more than 5000 ml. The 501 - 999 ml segment owns the highest market share and is expected to grow at a CAGR of 3.70% during the forecast period.
- Based on end-user, the global car care products market is bifurcated into retail (B2C) and professional (B2B). The retail (B2C) segment is the highest contributor to the market and is expected to grow at a CAGR of 3.80% during the forecast period.
- Based on the distribution channel, the global car care products market is bifurcated into e-commerce, retail stores, and car detailing stores. The retail store segment owns the highest market share and is expected to grow at a CAGR of 3.65% during the forecast period.
- North America is the most significant shareholder in the global car care products market and is expected to grow at a CAGR of 4.90% during the forecast period.
Development of the Automotive Sector Drives the Global Market
Market growth is expected to be fueled by the increase in demand for car care products and the expansion of the automotive sector as a consequence of technological advancements. Supplies for maintaining the appearance of autos are necessary. They are applied to improve the vehicle's toughness, gloss, and sheen. Luxury automobiles and sport utility vehicles are the primary consumers of aesthetic products. Examples of automobile care products that protect and shine the car include wax and polish. Protectants and cleaners are also used to maintain the car's exterior. It is anticipated that this tendency will increase product demand over the forecast period.
Improving Vehicle Maintenance and Repair Consultation Creates Tremendous Opportunities
Utilizing auto care products for vehicle maintenance and repair is becoming more commonplace due to their applicability. Car care products include wax, polish, protectants, wheel and tire cleaners, windshield washer fluids, and others. There are various products on the market for cleaning fabrics, carpets, and leather. The growing consumer interest in classic cars in recent years is expected to drive more demand for car maintenance solutions. In order to preserve the surface from minor dings and scratches, wax is applied in addition to protecting the surface and giving the car a brand-new appearance.
Polishes use an abrasive action to remove weak layers of the top-coat protection to level the surface. The surface has been polished to ensure equal light reflection and a glossy appearance. In recent years, aesthetics have become more significant in automobiles, especially private vehicles. There is a greater need for interior automobile care products because these interiors need special upkeep to maintain their value. Regulations and personal interest in preserving personal hygiene and vehicle sanitization also contributed to the demand for interior car care products.
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Regional Analysis
North America is the most significant shareholder in the global car care products market and is expected to grow at a CAGR of 4.90% during the forecast period. The market for automobile care products is mature in North America due to expanding auto sales and growing customer awareness of the value of vehicle maintenance. Furthermore, it is predicted that a sizable market for auto maintenance products will emerge due to rising luxury vehicle demand and the usage of compact trucks as family vehicles. The region is ideal for car manufacturing because of its robust industrial sector, high consumer demand, and rising per capita income.
Asia-Pacific is expected to grow at a CAGR of 4.95% during the forecast period. The market for vehicle care products in Asia-Pacific is anticipated to increase quickly due to the industry's substantial expansion. China, India, and Japan, three of the largest automakers in the region, control a sizable percentage of the global auto market. The booming economies of India and China are predicted to lead to growth in the Asia-Pacific due to the tremendous demand from the growing population and the growing consumer trend of owning a car. Due to its prominence as a producer and consumer of automobiles, Asia-Pacific substantially impacts the global car care products market.
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Segmentation of Car Care Products Market
- Car Care Products Market, By Product (2021-2031)
- Car Cleaning Products
- Car Polish
- Car Wax
- Glass Cleaning Products
- Interior Care Products
- Wheel and Tire Care Products
- Car Care Products Market, By Packaging Volume (2021-2031)
- Less than 250 ml
- 251 - 500 ml
- 501 - 999 ml
- 1000 - 5000 ml
- More than 5000 ml
- Car Care Products Market, By End-User (2021-2031)
- Retail (B2C
- Professional (B2B)
- Car Care Products Market, By Distribution Channel (2021-2031)
- E-Commerce
- Retail Stores
- Car Detailing Stores
- Regional Car Care Products Market
- North America
- North America Car Care Products Market, By Product
- Car Cleaning Products
- Car Polish
- Car Wax
- Glass Cleaning Products
- Interior Care Products
- Wheel and Tire Care Products
- North America Car Care Products Market, By Packaging Volume
- Less than 250 ml
- 251 - 500 ml
- 501 - 999 ml
- 1000 - 5000 ml
- More than 5000 ml
- North America Car Care Products Market, By End-User
- Retail (B2C
- Professional (B2B)
- North America Car Care Products Market, By Distribution Channel
- E-Commerce
- Retail Stores
- Car Detailing Stores
- U.S.
- U.S. Car Care Products Market, By Product
- Car Cleaning Products
- Car Polish
- Car Wax
- Glass Cleaning Products
- Interior Care Products
- Wheel and Tire Care Products
- U.S. Car Care Products Market, By Packaging Volume
- Less than 250 ml
- 251 - 500 ml
- 501 - 999 ml
- 1000 - 5000 ml
- More than 5000 ml
- U.S. Car Care Products Market, By End-User
- Retail (B2C
- Professional (B2B)
- U.S. Car Care Products Market, By Distribution Channel
- E-Commerce
- Retail Stores
- Car Detailing Stores
- U.S. Car Care Products Market, By Product
- Canada
- North America Car Care Products Market, By Product
- Europe
- Europe Car Care Products Market, By Product
- Car Cleaning Products
- Car Polish
- Car Wax
- Glass Cleaning Products
- Interior Care Products
- Wheel and Tire Care Products
- Europe Car Care Products Market, By Packaging Volume
- Less than 250 ml
- 251 - 500 ml
- 501 - 999 ml
- 1000 - 5000 ml
- More than 5000 ml
- Europe Car Care Products Market, By End-User
- Retail (B2C
- Professional (B2B)
- Europe Car Care Products Market, By Distribution Channel
- E-Commerce
- Retail Stores
- Car Detailing Stores
- U.K.
- U.K. Car Care Products Market, By Product
- Car Cleaning Products
- Car Polish
- Car Wax
- Glass Cleaning Products
- Interior Care Products
- Wheel and Tire Care Products
- U.K. Car Care Products Market, By Packaging Volume
- Less than 250 ml
- 251 - 500 ml
- 501 - 999 ml
- 1000 - 5000 ml
- More than 5000 ml
- U.K. Car Care Products Market, By End-User
- Retail (B2C
- Professional (B2B)
- U.K. Car Care Products Market, By Distribution Channel
- E-Commerce
- Retail Stores
- Car Detailing Stores
- U.K. Car Care Products Market, By Product
- Germany
- France
- Spain
- Italy
- Russia
- Nordic
- Benelux
- Rest of Europe
- Europe Car Care Products Market, By Product
- APAC
- APAC Car Care Products Market, By Product
- Car Cleaning Products
- Car Polish
- Car Wax
- Glass Cleaning Products
- Interior Care Products
- Wheel and Tire Care Products
- APAC Car Care Products Market, By Packaging Volume
- Less than 250 ml
- 251 - 500 ml
- 501 - 999 ml
- 1000 - 5000 ml
- More than 5000 ml
- APAC Car Care Products Market, By End-User
- Retail (B2C
- Professional (B2B)
- APAC Car Care Products Market, By Distribution Channel
- E-Commerce
- Retail Stores
- Car Detailing Stores
- China
- China Car Care Products Market, By Product
- Car Cleaning Products
- Car Polish
- Car Wax
- Glass Cleaning Products
- Interior Care Products
- Wheel and Tire Care Products
- China Car Care Products Market, By Packaging Volume
- Less than 250 ml
- 251 - 500 ml
- 501 - 999 ml
- 1000 - 5000 ml
- More than 5000 ml
- China Car Care Products Market, By End-User
- Retail (B2C
- Professional (B2B)
- China Car Care Products Market, By Distribution Channel
- E-Commerce
- Retail Stores
- Car Detailing Stores
- China Car Care Products Market, By Product
- Korea
- Japan
- India
- Australia
- Taiwan
- South East Asia
- Rest of Asia-Pacific
- APAC Car Care Products Market, By Product
- Middle East and Africa
- Middle East and Africa Car Care Products Market, By Product
- Car Cleaning Products
- Car Polish
- Car Wax
- Glass Cleaning Products
- Interior Care Products
- Wheel and Tire Care Products
- Middle East and Africa Car Care Products Market, By Packaging Volume
- Less than 250 ml
- 251 - 500 ml
- 501 - 999 ml
- 1000 - 5000 ml
- More than 5000 ml
- Middle East and Africa Car Care Products Market, By End-User
- Retail (B2C
- Professional (B2B)
- Middle East and Africa Car Care Products Market, By Distribution Channel
- E-Commerce
- Retail Stores
- Car Detailing Stores
- UAE
- UAE Car Care Products Market, By Product
- Car Cleaning Products
- Car Polish
- Car Wax
- Glass Cleaning Products
- Interior Care Products
- Wheel and Tire Care Products
- UAE Car Care Products Market, By Packaging Volume
- Less than 250 ml
- 251 - 500 ml
- 501 - 999 ml
- 1000 - 5000 ml
- More than 5000 ml
- UAE Car Care Products Market, By End-User
- Retail (B2C
- Professional (B2B)
- UAE Car Care Products Market, By Distribution Channel
- E-Commerce
- Retail Stores
- Car Detailing Stores
- UAE Car Care Products Market, By Product
- Turkey
- Saudi Arabia
- South Africa
- Egypt
- Nigeria
- Rest of MEA
- Middle East and Africa Car Care Products Market, By Product
- LATAM
- LATAM Car Care Products Market, By Product
- Car Cleaning Products
- Car Polish
- Car Wax
- Glass Cleaning Products
- Interior Care Products
- Wheel and Tire Care Products
- LATAM Car Care Products Market, By Packaging Volume
- Less than 250 ml
- 251 - 500 ml
- 501 - 999 ml
- 1000 - 5000 ml
- More than 5000 ml
- LATAM Car Care Products Market, By End-User
- Retail (B2C
- Professional (B2B)
- LATAM Car Care Products Market, By Distribution Channel
- E-Commerce
- Retail Stores
- Car Detailing Stores
- Brazil
- Brazil Car Care Products Market, By Product
- Car Cleaning Products
- Car Polish
- Car Wax
- Glass Cleaning Products
- Interior Care Products
- Wheel and Tire Care Products
- Brazil Car Care Products Market, By Packaging Volume
- Less than 250 ml
- 251 - 500 ml
- 501 - 999 ml
- 1000 - 5000 ml
- More than 5000 ml
- Brazil Car Care Products Market, By End-User
- Retail (B2C
- Professional (B2B)
- Brazil Car Care Products Market, By Distribution Channel
- E-Commerce
- Retail Stores
- Car Detailing Stores
- Brazil Car Care Products Market, By Product
- Mexico
- Argentina
- Chile
- Colombia
- Rest of LATAM
- LATAM Car Care Products Market, By Product
- North America
Table of Content and Figure @ https://straitsresearch.com/report/car-care-products-market/toc
Recent Development
- In September 2022, Turtle Wax opened a new auto care facility in Mumbai in partnership with Carxotic, which specializes in purchasing rare cars from all over the country. A variety of car detailing services is available from the Turtle Wax Car Care Studio, which skilled technicians and staff.
- In February 2022, Altro Group introduced the Royal Warranted car care expert's new Fogger. It takes 10 minutes to work and helps cover offensive odors with a delightful minty freshness thanks to its straightforward "one-shot operation."
News Media
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India’s Automotive Sector Outlook
Top 10 Car Recycling Companies In The World
An Introduction to the Global Automotive Aftermarket Industry in 2020
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