New report published by QY Research which offers insights on the global Car Care Products market. The Car Care Products market has been experiencing steady growth graph since past years. During the 2017-2025 timeline, the global market for Car Care Products is expected to reflect a 52% increase in the revenue growth. In 2018 the global Car Care Products market was valued at US$ 90 Bn and by the end of the assessment year (2025), it is estimated to touch a value more than US$ 130 Bn growing at a value CAGR of 5.41% throughout the period of forecast.
This industry study presents the global Car Care Products market size, historical breakdown data (2013-2018) and forecast (2018-2025). The Car Care Products production, revenue and market share by manufacturers, key regions and type;
The consumption of Car Care Products in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders 3M, Turtle Wax, etc.
Car care products are high performance chemicals used to improve shine, gloss, and durability of vehicles. These chemicals also protect and retain the visual appeal of vehicles. There are different types of automotive appearance chemicals available in the market which includes wheel care, tyre shine, interior-exterior care, glass cleaner, paint cleaning and protection, paint restoration and many more.
On the basis of type, cleaning products is the largest segment with around 69.55% production share of the total market in 2016. Repair products and protection products are more expensive, accounting for about 14.35% and 9.66% separately market share in terms of production.
On the basis of geography, the global car care products market is segmented into regions, namely, North America, Europe, Asia and other regions. In 2016, Europe is the largest supplier as well as the steady growing regional market for car care products and held 38.05% share in the global market, followed by North America with the market share of 32.33%. The demand for car care products has been rapid increasing in Asian countries, especially in China.
The global car care products market comprises numerous players offering broad range of products. Lots of manufactures of car care products offer a wide range of car care products to fit aftermarket requirements. The concentration of the market is relative low, among those manufacturers, 3M, Turtle Wax and Illinois Tool Works are the three giant players.
The following manufacturers are covered in this report:
Illinois Tool Works
Car Care Products Breakdown Data by Type
Car Care Products Breakdown Data by Application
Auto Beauty Shop
Auto 4S Shop
Car Care Products Production by Region
Car Care Products Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Car Care Products status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Car Care Products manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Car Care Products :
History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2025
This report includes the estimation of market size for value (million USD) and volume (M Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Car Care Products market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.