Brazil Car Care Products Market Size & Outlook, 2021-2030
Brazil car care products market, 2017-2030 (US$M)
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Brazil car care products market highlights
- The Brazil car care products market generated a revenue of USD 275.5 million in 2021 and is expected to reach USD 383.7 million by 2030.
- The Brazil market is expected to grow at a CAGR of 3.7% 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 275.5 million |
| Market revenue in 2030 | USD 383.7 million |
| Growth rate | 3.7% (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, Brazil accounted for 2.7% 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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Brazil 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 26.21% in 2021. Horizon Databook has segmented the Brazil 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.
As per the national statistics bureau IBGE, Brazil is the largest country in Central & South America and the sixth-largest country in the world by population. It has an expanding wealthier middle class with increased spending power and a growing passion for classic and luxurious cars.
The rising demand for private vehicles due to the increasing consumer expenditure and the developing suburbanization trend are some of the major factors propelling the growth of cars. Besides this, with the growing adoption of luxury cars and sports utility vehicles (SUVs) for outdoor recreational activities, the need for effective car care products is also increasing.
Brazil is one of the most attractive and fastest-growing car markets in the region. In the country, the car industry is supported by multiple factors such as labor availability, R&D efforts, geographic advantage, and government support.
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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 Brazil car care products market , including forecasts for subscribers. This country databook contains high-level insights into Brazil car care products market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil car care products market size, by product, 2017-2030 (US$M)
Brazil Car Care Products Market Outlook Share, 2021 & 2030 (US$M)
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