Press release
Unveiling Trends and Opportunities in the Booming Car Detailing Market | 3M Company, Sonax GmbH, Turtle Wax Inc., Swiss Vax USA LLC, WashTec AG
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Car Detailing Global Market Report 2023 identifies the rise in sales of passenger vehicles is expected to propel the car detailing market going forward. Passenger cars are motorized, 4-wheel vehicles designed to transport passengers with no more than 9 seats. They are used for passenger transportation. Car detailing is used in passenger cars to preserve the interior and exterior of the car through professional cleaning, stain removal, and polishing, so a rise in sales of passenger cars will propel market growth. For instance, in 2021, according to the International Organization of Motor Vehicle Manufacturers, a French-based supporter of vehicle manufacturers, assemblers, and importers, the global sales of passenger cars increased by 4.6% to 56,398,471 passenger cars in 2021 from 53,917,153 cars in 2020.
The global car detailing market size is expected to grow from $1.28 billion in 2022 to $1.42 billion in 2023 at a compound annual growth rate (CAGR) of 11.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global car detailing market size is expected to reach $2.07 billion in 2027 at a CAGR of 9.9%.
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Major competitors in the car detailing market are 3M Company, Sonax GmbH, Turtle Wax Inc., Swiss Vax USA LLC, WashTec AG, Washworld Inc., Ryko Solutions Inc., Jopasu System Pvt Ltd.
A key trend in the car detailing market includes new innovations. Major companies operating in the car detailing market are focused on developing new technological solutions to strengthen their position. For instance, in May 2022, Kärcher Cleaning System Pvt. Ltd., a Germany-based provider of cleaning technology, launched a new gantry car wash in the entry-level class CW 1 Klean!Fit. It prevents the mixing of the cleaning agents with a separate foaming arch and an extra dosing pump. It uses a high-pressure system with 16 bars for high- and low-pressure washes that do not require an additional supply pump for the brush watering.
Read More On The Global Car Detailing Market Report Here: https://www.thebusinessresearchcompany.com/report/car-detailing-global-market-report
The car detailing market is segmented -
1) By Product Type: Brush, Foam Gun, Duster, Steam Cleaners, Vacuum And Blower, Plastic Razor Blades
2) By Car Detailing Type: External Car Detailing, Internal Car Detailing
3) By Application: Pressure Washing, Foam Washing, Dusting, Tire Or Wheel Cleaning, Paint Cleaning, Polishing
4) By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the car detailing market.
The Business Research Company's "Global Car Detailing Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
Explore Buying Options For The Car Detailing Market Report Here: https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9205
The Table Of Content For The Car Detailing Market Include:
1. Executive Summary
2. Car Detailing Market Characteristic
3. Car Detailing Market Trends And Strategies
4. Car Detailing Market - Macro Economic Scenario
5. Car Detailing Market Size And Growth
……………
27. Car Detailing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Car Detailing Market
29. Car Detailing Market Future Outlook And Potential Analysis
30. Appendix
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