Car Care Products Market with Competitive Analysis, Top Key Players, Market Growth, Opportunity, Trends, Service, Forecast To 2028

The Insight Partners has added Latest Report on " Car Care Products Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Product (Cleaning Products, Polishing & Waxing Products, Fresheners, and Others), Application (Interior and Exterior), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)", The global car care products market size is expected to reach USD 6,748.70 million by 2028; registering at a CAGR of 5.3% from 2022 to 2028.

Car care products are high-quality chemicals that provide gloss and shine to vehicles for a long term. Car maintenance products protect and heal damages such as scratches, assuring that each part of the vehicle receives the best maintenance while preserving the vehicle's visual appeal. The car care products market has observed extensive developments in the last few decades due to various factors such as the rise in the sales of automotive and used automobiles across the globe. Also, the sales of used automobiles have risen in emerging countries due to their low disposable incomes. The rise in passenger vehicles has led to increased demand for these maintenance goods, driving the car care products market growth.

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The Prominent/Emerging Players in the Car Care Products Market includes:
• 3M Co
• Adolf Wurth GmbH & Co KG
• Sonax GmbH
• Soft99 Corp
• Shell Plc
• Pidilite Industries Ltd
• Holt Llyod International Ltd
• Tetrosyl Ltd
• Turtle Wax Inc
• Cartec BV

Based on product, the car care products market is segmented into cleaning products, polishing & waxing products, fresheners, and others. The fresheners segment held the largest share in 2022, and the polishing & waxing products segment is expected to register the highest CAGR from 2022 to 2028. The demand for fresheners is increasing owing to the growing level of air pollutants, which also results in a rising need for air care products that can be used in vehicles. In addition, the growing demand for sustainable and eco-friendly products coupled with the need for neutralizing odors, odor eliminators, and aromatic compounds are also supporting the growth of the fresheners segment.

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Many car care products are used for wheel, interior, exterior, glass, and paint restoration. These products help protect the vehicle and maintain its original quality, thereby increasing its resale value. The demand for car care products is increasing due to growing consumer awareness about maintaining car's appearance and increasing its durability. Moreover, car owners are spending more on maintaining their old and new vehicles, owing to the heavy and unstructured nature of the traffic, which is boosting the need for car care products.

Consumers are highly focused on improving the air quality inside the car, which is creating a massive demand for car air fresheners. Car air fresheners are used by car owners to neutralize odors and release fragrance inside the cars. Many exotic, woody-and fruity-based fragrance options are available in the market that helps create a subtle and calming ambiance inside the car. Further, the emergence of the COVID-19 pandemic has highlighted the importance of sanitizing and disinfecting surfaces, including car's interior and exterior surfaces, and proper cleaning to protect themselves from SARS-CoV-2. As a result, the demand for different car cleaning products is increasing among car owners. Thus, the growing consumer inclination toward car care is driving the global car care products market growth.

Based on product, the car care products market is segmented into cleaning products, polishing & waxing products, fresheners, and others. Based on application, the car care products market is bifurcated into interior and exterior. Based on distribution channel, the car care products market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. By geography, the car care products market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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