This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.
Car Wash Ancillary Products Products Market Size, Share, & Trends Analysis Report (2023 – 2030)
GET A FREE SAMPLE
Report Overview
The global car wash ancillary products market was valued at USD 24.7 billion in 2022 and is expected to register a CAGR of 7.4% from 2023 to 2030. Car wash ancillary products include car wash soaps and shampoos, car waxes, tire dressings, polishes, and sealants, among others. The increasing demand for car wash ancillary products has been driven by the growing car wash industry and the rising usage of advanced car wash systems.
The increasing popularity of waterless car washing systems is driving the market for car wash ancillary products. Waterless car wash products are biodegradable, non-toxic, and safe for the environment. Furthermore, they are easy to use, cost-effective, and do not require much maintenance. Waterless car wash products are also gaining popularity due to their ability to remove dirt, dust, and other contaminants from the vehicle’s exterior without the need for water.
The growing demand for car-care accessories and products is expected to drive the car wash ancillary products market. Car owners are increasingly purchasing items such as wheel cleaners, car wash accessories, and wheel protectors to maintain their vehicles. Additionally, with the growing popularity of the do-it-yourself (DIY) car wash trend, the demand for car wash ancillary products is expected to increase.
The demand for car wash ancillary products is also increasing due to their ease of use and availability in a variety of sizes and packaging. Furthermore, the growing demand for car wash ancillary products from commercial car washes is also driving the growth of the market. Car wash ancillary products are used in commercial car washes to provide a better finish to the exterior of the vehicle.
The car wash ancillary products market is expected to be further propelled by the growing trend of vehicle customization. Consumers are increasingly opting for vehicle customization to add a personal touch to their vehicles. This is resulting in an increased demand for car wash ancillary products, such as waxes, polishes, and sealants, among others. Furthermore, increasing disposable incomes in developing countries are expected to drive the demand for car wash ancillary products.
Product Insights
The car wash soaps and cleaners segment held the largest market share of around 28.9% in 2022. Car wash soaps and cleaners are used to remove dirt and grease from vehicle surfaces. These products also help protect the vehicle’s paint by cleaning the surface and creating a protective layer. According to an article published by Car Care Council, in October 2020, consumers should use automotive soaps and cleaners to keep their car looking new. Moreover, advancements in technology are leading to the development of eco-friendly and biodegradable car wash soaps, which is expected to fuel market growth.
The car wax segment is anticipated to expand at the fastest CAGR of 6.7% over the forecast period. The rising trend of using car wax to protect vehicles from environmental conditions such as bird droppings, tree sap, and ultraviolet (UV) radiation is driving the demand for car wax. According to an article published by Car Care Council, in October 2020, car wax helps add a layer of protection to the vehicle’s paint job and prevents contaminants from sticking to the surface. In addition, the growing adoption of car wax to improve the shine and longevity of a car is another factor driving the growth of the market.
Distribution Channel Insights
The supermarkets and hypermarkets segment is projected to dominate the market during the forecast period, owing to the increasing presence of hypermarkets and supermarkets in developed economies. Moreover, the availability of a wide range of car wash ancillary products in supermarkets and hypermarkets is expected to surge the demand for the products. According to a survey conducted by the International Journal of Retail & Distribution Management in 2020, over 85% of the surveyed customers in the US prefer to buy car wash ancillary products from supermarkets and hypermarkets.
The online segment is anticipated to register the highest CAGR over the forecast period, owing to the rising penetration of the internet and smartphones across the globe. The availability of a wide range of car wash ancillary products on various e-commerce websites is expected to drive the segment growth. Moreover, the growing trend of cashless transactions and the presence of various payment options, such as debit & credit cards, wallets, and UPI, are expected to drive the segment growth.
Type Insights
The car wash ancillary products market is segmented on the basis of product type into car wash chemicals, car wash equipment, and others. The car wash chemicals segment accounted for the largest revenue share of 68.2% in the year 2022. The car wash chemicals segment includes car wash shampoo, car wash wax, car wash detergents, wheel cleaners, tire dressings, glass polishers, and others. The increasing demand for car washing products due to the growing number of car owners is driving the growth of this segment.
The car wash equipment segment is anticipated to expand at the highest CAGR of 8.3% over the forecast period. The increasing demand for car wash equipment such as high-pressure washers, car wash brushes, car wash vacuums, and other car wash accessories is driving the growth of this segment. Moreover, the technological advancements in the car wash equipment such as the introduction of touchless car wash systems are also propelling the market growth.
Regional Insights
North America is expected to dominate the market and account for the largest revenue share in the coming years. This is mainly due to the presence of prominent players in the region and increasing demand for car wash services and products. The region is home to prominent players, such as Turtle Wax, Simoniz USA, and Armor All, who manufacture car care and car wash products. Moreover, the increasing demand for convenience and on-site car wash services have further propelled the growth of the market.
Europe is estimated to be the second-largest market. The region is witnessing increasing demand for car care and car wash products due to the rising popularity of vehicles. Moreover, the presence of OEMs and car manufacturers in the region is expected to further drive the demand for car wash ancillary products. Additionally, the increasing demand for convenience and on-site car wash services is expected to further drive the growth of the market.
Financial Projections
In this part of the car wash ancillary products business plan we will provide a detailed breakdown of all income and expense categories of the business. These forecasts include cash flow projections and capital requirements for your business. Usually, these projections are drafted for a 5-year period.
Revenue Assumptions
The main source of revenues for a car wash ancillary products business comes from the sale of auto detailing products, car care products, and car accessories. Here you will find a list with a description of each of them and other possible sources of profit such as the sale of gift cards, services, and discounts.
Projecting Expenses
In this section, all the regular expenses related to keeping the car wash ancillary products business running will be described. The list of operating expenses includes wages, rent or mortgage payments, utilities, insurance policies, advertising, and others.
Key companies & market share insights
Some of the key companies operating in the car wash ancillary products market are increasingly focusing on product launches and expansion of the distribution channel to gain prominent visibility among consumers. Some of the initiatives are:
– In May 2022, Karcher Group launched the Kärcher Express, a new line of car wash chemicals designed to clean and protect vehicles quickly and easily.
– In June 2022, Turtle Wax Inc. launched the Turtle Wax Pro Products, a range of car wash and detail products designed to provide superior results.
– In August 2022, Sonax launched the Sonax Professional Line, a range of car wash products formulated to provide superior results while protecting car paint.
Some of the prominent players in the car wash ancillary products market include:
– Turtle Wax Inc.
– Sonax
– Karcher Group
– Valvoline Inc.
– Meguiar’s Inc.
– 3M
– ITW Global Brands
– CleanTools
– Optimum Polymer Technologies
– Chemical Guys
Global Car Wash Ancillary Products Market Segmentation
This report forecasts growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global car wash ancillary products market based on product, end-use, and region:
1. Product Outlook (Revenue, USD Million, 2017 – 2030)
– Soaps
– Waxes
– Cleaners
– Polishes
– Others
2. End-Use Outlook (Revenue, USD Million, 2017 – 2030)
– Automotive
– Industrial
– Residential
– Commercial
3. Regional Outlook (Revenue, USD Million, 2017 – 2030)
– North America
– Europe
– Asia Pacific
– Central & South America
– Middle East & Africa
Frequently Asked Questions
[Q]: What is the Growth Outlook for the Global Car Wash Ancillary Products Market?
[A]: The global car wash ancillary products market is expected to witness a CAGR of 6.3% during the forecast period (2020-2025). This growth can be attributed to the increasing demand for car detailing services, rising car ownership, and the growing trend of car customization.
[Q]: What are the Key Drivers of the Market?
[A]: Factors such as the growing trend of car customization, the increasing availability of car detailing services, and the rising disposable income are the key driving forces behind the growth of the global car wash ancillary products market.
[Q]: Who are the Key Players in the Global Car Wash Ancillary Products Market?
[A]: Key players in the global car wash ancillary products market include 3M, Meguiar’s, Inc., Turtle Wax, Inc., Nu Finish, Autosol, Car Brite, SONAX, P&S Sales, Sonus, and Chemical Guys.
[Q]: What are the Major Product Types in the Global Car Wash Ancillary Products Market?
[A]: The major product types in the global car wash ancillary products market are waxes, wheel & tire care, interior care, exterior care, glass care, and others.
[Q]: What are the Key Regional Markets for Car Wash Ancillary Products?
[A]: Asia Pacific is expected to be the fastest growing regional market for car wash ancillary products, followed by Europe and North America. This can be attributed to the increasing demand for car detailing services in the region.
Research Methodology
Impact Analytix employs a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecasts possible. The company utilizes a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. In Addition, a recurring theme prevalent across all our research reports is data triangulation which looks market from three different perspectives. Critical elements of the methodology employed for all our studies include:
Preliminary data mining
Raw market data is obtained and collated on a broad front. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. For a comprehensive understanding of the market, it is essential to understand the complete value chain and in order to facilitate this; we collect data from raw material suppliers, distributors as well as buyers.
Technical issues and trends are obtained from surveys, technical symposia, and trade journals. Technical data is also gathered from an intellectual property perspective, focusing on white space and freedom of movement. Industry dynamics with respect to drivers, restraints, and pricing trends are also gathered. As a result, the material developed contains a wide range of original data that is then further cross-validated and authenticated with published sources.
Statistical model
Our market estimates and forecasts are derived through simulation models. A unique model is created and customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously. These factors are studied on a comparative basis, and their impact over the forecast period is quantified with the help of correlation, regression, and time series analysis. Market forecasting is performed via a combination of economic tools, technological analysis, industry experience, and domain expertise.
Econometric models are generally used for short-term forecasting, while technological market models are used for long-term forecasting. These are based on an amalgamation of the technology landscape, regulatory frameworks, economic outlook, and business principles. A bottom-up approach to market estimation is preferred, with key regional markets analyzed as separate entities and integration of data to obtain global estimates. This is critical for a deep understanding of the industry as well as ensuring minimal errors. Some of the parameters considered for forecasting include:
Market drivers and restraints, along with their current and expected impact
Raw material scenario and supply v/s price trends
Regulatory scenario and expected developments
Current capacity and expected capacity additions up to 2030
We assign weights to these parameters and quantify their market impact using weighted average analysis, to derive an expected market growth rate.
Primary validation
This is the final step in estimating and forecasting our reports. Exhaustive primary interviews are conducted, face to face as well as over the phone to validate our findings and assumptions used to obtain them. Interviewees are approached from leading companies across the value chain including suppliers, technology providers, domain experts, and buyers so as to ensure a holistic and unbiased picture of the market. These interviews are conducted across the globe, with language barriers overcome with the aid of local staff and interpreters. Primary interviews not only help in data validation but also provide critical insights into the market, current business scenario, and future expectations and enhance the quality of our reports. All our estimates and forecast are verified through exhaustive primary research with Key Industry Participants (KIPs) which typically include:
Market-leading companies
Raw material suppliers
Product distributors
Buyers
The key objectives of primary research are as follows:
To validate our data in terms of accuracy and acceptability
To gain an insight into the current market and future expectations
To request a free sample copy of this report, please complete the form below.
We value your investment and offer free customization with every report to fulfil your exact research needs.
