Argentina Car Care Products Market Size & Outlook
Argentina car care products market, 2017-2030 (US$M)
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Argentina car care products market highlights
- The Argentina car care products market generated a revenue of USD 88.3 million in 2021 and is expected to reach USD 120.1 million by 2030.
- The Argentina market is expected to grow at a CAGR of 3.5% from 2022 to 2030.
- In terms of segment, car cleaning products was the largest revenue generating product in 2021.
- Car Cleaning Products is the most lucrative product segment registering the fastest growth during the forecast period.
Car care products market data book summary
| Market revenue in 2021 | USD 88.3 million |
| Market revenue in 2030 | USD 120.1 million |
| Growth rate | 3.5% (CAGR from 2021 to 2030) |
| Largest segment | Car cleaning products |
| Fastest growing segment | Car Cleaning Products |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Car Cleaning Products, Car Polish, Car Wax, Wheel & Tire Care Products, Glass Cleaners, Interior Care Products |
| Key market players worldwide | 3M Co, Sonax, Tetrosyl Limited, Chemical Guys, Wurth Group, MA-FRA, Cartec, Turtle Wax, Inc, Liqui Moly, Autoglym, Mothers, Adam’s Polishes, Griot's Garage, Jopasu |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.9% of the global car care products market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil car care products market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 383.7 million by 2030.
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Car Care Products Market Scope
Car Care Products Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina car care products market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to car care products market will help companies and investors design strategic landscapes.
Car cleaning products was the largest segment with a revenue share of 29.67% in 2021. Horizon Databook has segmented the Argentina car care products market based on car cleaning products, car polish, car wax, wheel & tire care products, glass cleaners, interior care products covering the revenue growth of each sub-segment from 2017 to 2030.
According to the International Organization of Motor Vehicle Manufacturers (OICA), Argentina ranks 24th in the production of automobiles. The automotive and auto parts industry represents almost 8.5% of Argentina’s industrial gross production value, playing a key role in job creation and technology transfer.
Most companies are located in the provinces of Buenos Aires, Córdoba, and Santa Fe. The presence of key manufacturers of automobile and auto parts, such as Fiat, Ford, General Motors (GM), Iveco, Mercedes Benz, Peugeot-Citroën, Scania, Renault, Toyota, and Volkswagen, have led to an increase in automobile production, in turn, driving the demand for car care products in the economy.
The demand for car care products, such as polish, wax, and other maintenance and cleaning agents, is gaining popularity in the market in light of the increasing sales of cars in the country. In addition to a dynamic domestic market, as a member of MERCOSUR, the country has preferential access to Brazil, an expanding market, and the main export destination for the local industry.
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Our clientele includes a mix of car care products market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina car care products market , including forecasts for subscribers. This country databook contains high-level insights into Argentina car care products market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina car care products market size, by product, 2017-2030 (US$M)
Argentina Car Care Products Market Outlook Share, 2021 & 2030 (US$M)
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