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North American Car Care Products Market revenue to hit $3 Bn by 2027
Published Date: 2021-03-24
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North American Car Care Products Market size is estimated to reach USD 3 billion by 2027, according to a latest forecast report by Graphical Research.
The steadily growing car wash industry is certain to drive the car care products industry expansion in near future. The factor contributing to the increasing number of car wash/service centers include a rising number of vehicles on the road in combination with the growing spending power of consumers in the region. Most car owners, especially luxury car owners pay utmost attention towards vehicle cleaning and maintaining the car in appropriate condition. Additionally, new emerging car service centers along with the car wash centers that already exist, are adopting modern procedures to offer better cleaning and speedy service, leading to ultimate customer satisfaction.
Wax & cleaning is the most preferred product customers are opting for during the car service. This segment contributed a major share to the North American car care products market owing to several benefits achieved by car waxing. These benefits may include scratch protection, dirt shielding, shiny appearance, paint durability, water repletion, ease in car cleaning, and protection against harsh weather, among others. Therefore, car waxing is an important procedure for many vehicle owners as it protects against scratches and offers a new aesthetic look to the body.
Browse detailed statistical insights from the report, “North America Car Care Products Market Size By Application (DIFM, DIY), By Distribution Channel (Offline, Online), By Product (Glaze & Coating, Wax & Cleaning), By Body Part (Exterior, Interior), Research Report, Country Outlook, Price Trends, Growth Prospects, Competitive Industry Share & Forecasts, 2021 – 2027” along with the table of contents (ToC) @
Interior car maintenance and constant cleaning are necessary to safeguard the dashboard, upholstery, etc. from mildew and dust. Irregular interior upkeep may lead to stain formation, unpleasant odor, and dust accumulation. Hence, vacuum cleaning is used to efficiently eliminate dirt from seats, carpets, etc. In order to get rid of tough stains from the cargo area and floor mats, dedicated carpet steam cleaners are employed for the job. To eliminate the foul smell, odor eliminator sprays are taken in the application and thereafter air fresheners are applied to preserve the fragrance with the automobile. Such practices help enhance the driving experience and provide optimum comfort to passengers.
Among the distribution channel, the offline segment revenue is anticipated to cross USD 2 billion by 2027. Affiliations of car care product manufacturers with car service centers and wash centers is the key factor driving the segment growth. Besides, to counter the rising popularity of online distribution channels established offline channels are offering shipping benefits and price discounts to customers.
However, the crisis caused by the COVID-19 pandemic has been a major restraint to the car care products market growth in recent years. The car care products industry witnessed a severe downfall in 2020 compared to the previous year. Nevertheless, the lifting restriction on the supply chain, resuming manufacturing operations, and increasing consumer spending in conjunction with government aids will support the market recovery.
Some of the key producers of car care products include Turtle Wax, Inc., 3M, Southern Counties Lubricants, LLC, Autoland Car Care, JBS Industries, Treatment Products Ltd., STOCKMEIER Group, Car Candy, Autoland, Bocar, Johnston Research & Performance, Inc., and 3D Products.
The North American car care products market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilotons & revenue in USD Million from 2016 to 2027 for the following segments:
North America Market, By Product
- Glaze & Coating
- Wax & Cleaning
North America Market, By Body Part
North America Market, By Application
North America Market, By Distribution Channel
The above information has been provided for the following Countries:
- North America