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Car Care Products Market Share

Report ID: GMI4957
Published Date: Feb 2021
Report Format: PDF

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Car Care Products Market Share

The key players in car care products market include

3M
SONAX GmbH
Tetrosyl Ltd.
Turtle Wax Inc.
Liqui Moly GmbH
MA-FRA S.p.A
CARTEC B.V
Amtra Sp. z o.o
Autoglym

These manufacturers are adopting product differentiation & development, expansion of sales & distribution network, and strategic partnerships & collaborations to gain advantage over competitors.

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The car care products industry size was valued at USD 11.6 billion in 2020 and is pegged to rise at a CAGR of 2.6% through 2027 owing to the increasing preference toward routine car maintenance.

The wax and cleaning car care products market size is projected to reach more than USD 10.5 billion by 2027 due to growing need to remove dirt, bird droppings, road tar, tree sap, and other contaminants.

The car care products industry share from online distribution channels could observe a 3% CAGR up to 2027 owing to increasing popularity to render shopping convenience to consumers.

The DIY applications accounted for 70% of the car care products industry share in 2020 and will witness expansion with low expertise requirements.

The Asia Pacific car care products market size is expected to amass more than USD 3.5 billion in revenue by 2027 driven by the presence of large volume of vehicle owners across the region.