Asia Pacific Car Care Products Market Size & Outlook
Asia Pacific car care products market, 2017-2030 (US$M)
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Asia Pacific car care products market highlights
- The Asia Pacific car care products market generated a revenue of USD 2,391.1 million in 2021.
- The market is expected to grow at a CAGR of 4.3% 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.
- Country-wise, China is expected to register the highest CAGR from 2022 to 2030.
Asia Pacific data book summary
| Market revenue in 2021 | USD 2,391.1 million |
| Market revenue in 2030 | USD 3,494.1 million |
| Growth rate | 4.3% (CAGR from 2021 to 2030) |
| Largest segment | Car cleaning products |
| Fastest growing segment | Car Cleaning Products |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 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, Asia Pacific region accounted for 23.4% of the global car care products market in 2021.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,494.1 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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Asia Pacific 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 28.16% in 2021. Horizon Databook has segmented the Asia Pacific 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.
Asia Pacific car care products market is anticipated to accelerate at a high rate owing to the strong growth in the automobile industry. China, India, and Japan are among the largest automakers in the region, occupying a significant share in the global automotive market.
Developing economies of India and China are expected to lead the growth in the Asia Pacific owing to huge demand from the growing population and increasing consumer trend of owning a car.
The Asia Pacific is one of the largest consumers and manufacturers of vehicles and thus, is a significant contributor to the car care products market globally. The presence of prominent vehicle manufacturers in the region backed with resource availability and a skilled workforce is anticipated to increase its penetration over the forecast period.
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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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific car care products market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific car care products market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific car care products market size, by country, 2017-2030 (US$M)
Asia Pacific Car Care Products Market Outlook Share, 2021 & 2030 (US$M)
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