Chile Car Care Products Market Size & Outlook, 2021-2030
Chile car care products market, 2017-2030 (US$M)
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Chile car care products market highlights
- The Chile car care products market generated a revenue of USD 29.5 million in 2021 and is expected to reach USD 38.4 million by 2030.
- The Chile market is expected to grow at a CAGR of 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.
Car care products market data book summary
| Market revenue in 2021 | USD 29.5 million |
| Market revenue in 2030 | USD 38.4 million |
| Growth rate | 3% (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, Chile accounted for 0.3% 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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Chile 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 28.14% in 2021. Horizon Databook has segmented the Chile 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.
The automobile industry in Chile is a significant contributor to the South American automobile industry owing to the presence of major automobile manufacturers in the country.
Favorable trade policies and industrial practices in Chile have attracted multinational players to establish their manufacturing units in the country, thereby propelling the demand for car care products. Several companies are investing in the country’s automobile industry.
For instance, in July 2021, Mitsui & Co., Ltd. acquired the majority of shares in Inversiones Mitta SpA, which owns Autorentas del Pacifico SpA, Chile's one of largest fleet management operating companies. Mitta owns approximately 19,000 vehicles in Chile and operates a fleet management business focused on the automotive operating lease business (BtoB), which boasts a large share, particularly in the mining and energy sectors, and also on automotive rental business (BtoB and BtoC).
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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 Chile car care products market , including forecasts for subscribers. This country databook contains high-level insights into Chile car care products market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Chile car care products market size, by product, 2017-2030 (US$M)
Chile Car Care Products Market Outlook Share, 2021 & 2030 (US$M)
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