Global Car Care Products Market Size study & Forecast, by Products (Car Cleaning Products, Car Polish, Car Wax, Glass Cleaning Products, Interior Care Products, Wheel & Tire Care Products and Others), by Packaging Volume (Less than 250 ml, 251 - 500 ml,

Global Car Care Products Market Size study & Forecast, by Products (Car Cleaning Products, Car Polish, Car Wax, Glass Cleaning Products, Interior Care Products, Wheel & Tire Care Products and Others), by Packaging Volume (Less than 250 ml, 251 - 500 ml, 501 - 999 ml, 1000 - 5000 ml and More than 5000 ml), by Distribution Channel (E-commerce, Retail Chains, Care Detailing Stores), by End-Use (Retail (B2C), Professional (B2B)), and Regional Analysis, 2022-2029

Global Car Care Products Market is valued at approximately USD 10.2 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.0% over the forecast period 2022-2029. The Car Care Products market is expanding because of factors such as rising automotive industry, and increasing consumer awareness regarding vehicle maintenance & repair. The expansion of the automobile sector globally is anticipated to boost the market. The sector is anticipated to expand further as a result of rising disposable income in developing nations and rising customer awareness of the need for car maintenance and repair. Additionally, it is anticipated that the dynamics of the market would benefit from an increase in the significance of aesthetics in automobiles, particularly private vehicles, throughout the projection period.

The prevalence rate and adoption of cars is rising, according to World Economic Forum, the number of cars in year 2015 stood at 1.1 billion cars which is expected to increase to 1.5 billion cars the by year 2025 and it is projected to reach 2.0 billion by the year 2040. Thus, with the rising sales of cars, the demand for car care products is also increasing. Furthermore, the development of specialty wax and polishes for luxury cars is creating lucrative growth in the market. However, the high cost of Car Care Products stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Car Care Products Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the space in terms of revenue, owing to the rising demand and sales of cars, and awareness about vehicle maintenance. Furthermore, rising utilization of various mini trucks and cars as well as upscaling the demand for luxury vehicles is projected to create wide scope for car care products in the region.

Major market players included in this report are:
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
Recent Developments in the Market:
 In February 2020, Turtle Wax based in Chicago announced the launch of its wide range of car care products in Indian market catering to both four as well as two-wheelers.
 In Aug 2019, A collaboration between Castrol India and 3M India was formed to provide vehicle care products. A variety of 3M-Castrol branded bike and automobile care products, including glass cleaner, shampoo, dashboard and tyre dressings, cream wax, etc., will be sold in India as a result of this partnership between the two businesses.

Global Car Care Products Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product, Packaging Volume, Distribution Channel, End-Use, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Productsofferings of key players.

The detailed segments and sub-segment of the market are explained below:
By Product:
Car Cleaning Products
Car Polish
Car Wax
Glass Cleaning Products
Interior Care Products
Wheel & Tire Care Products
Others

By End Use:
Retail (B2C)
Professional (B2B)

By Application:
Less than 250 ml
251 - 500 ml
501 - 999 ml
1000 - 5000 ml
More than 5000 ml

By Distribution Channel:
E-commerce
Retail Chains
Care Detailing Stores

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Companies Mentioned

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

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