The Business Research Company’s Car Care Products Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Car Care Products Global Market Report 2023 evaluates car care products market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global car care products market is expected to grow from $13,725.9 million in 2026 at a rate of 4.5%. The car care products market size is then expected to grow at a CAGR of 4.8% from 2026 and reach $17,338.6 million in 2031.
Anticipated growth within the expansive global automotive industry is poised to emerge as the predominant driving force behind the burgeoning car care products market. This symbiotic relationship between these two sectors is underscored by robust statistical evidence. For instance, Forbes, a venerable American business magazine renowned for its economic insights, postulates a substantial upswing in global automobile sales. The estimations forecast a notable 5% surge in 2022, propelling global auto sales to an impressive 86.9 million units. Furthermore, this trajectory continues into 2023, with a predicted 4% increment to reach 89.7 million units.
The resonance of this growth extends to the Indian subcontinent, as affirmed by the India Brand Equity Foundation (IBEF), a trust instituted by the Department of Commerce, Ministry of Commerce and Industry, Government of India. IBEF’s insightful analysis indicates that the automotive industry in India is poised for remarkable expansion, with projections ranging from $251.4 billion to $282.8 billion by the year 2026. These compelling statistics underscore the interdependence of the automotive and car care products markets on a global scale, promising new horizons and opportunities for both industries.
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The car care products market segments in the report are:
1) By Product Type: Car Cleaning Products, Car Polish, Car Wax, Wheel And Tire Care Products, Glass Cleaners, Other Product Types
2) By Application: Interior, Exterior
3) By Distribution Channel: Online, Offline
4) By Solvent Type: Water-Based, Foam-Based
The table of contents in TBRC’s car care products market report includes:
- Executive Summary
- Table of Contents
- List of Figures
- List of Tables
- Report Structure
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.
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- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Market Opportunities And Strategies
- Car Care Products Market, Conclusions And Recommendations
- Appendix
Top 5 Major Key Players Are:
- 3M Company
- Wurth Group
- Illinois Tool Works Inc
- Tetrosyl Ltd
- Armor All
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