China Car Care Products Market Size & Outlook, 2021-2030
China car care products market, 2017-2030 (US$M)
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China car care products market highlights
- The China car care products market generated a revenue of USD 1,127.5 million in 2021 and is expected to reach USD 1,806.3 million by 2030.
- The China market is expected to grow at a CAGR of 5.4% 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 1,127.5 million |
| Market revenue in 2030 | USD 1,806.3 million |
| Growth rate | 5.4% (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, China accounted for 11.0% 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 Asia Pacific, China car care products market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,806.3 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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China 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 28.01% in 2021. Horizon Databook has segmented the China 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.
China accounted for the largest share in the Asia Pacific car care products market owing to the presence of numerous manufacturers coupled with growing vehicle sales.
The wide availability of raw materials for car care products, skilled & cheap labor, and growing demand from consumers are expected to have a positive influence on the car care products market over the forecast period.
China is the largest manufacturer of vehicles in the world. Investments by major automotive manufacturers from North America and Europe have led to the growing production of all types of vehicles including passenger cars.
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Target buyers of China car care products market databook
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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 country-level data and insights on the China car care products market , including forecasts for subscribers. This country databook contains high-level insights into China car care products market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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China car care products market size, by product, 2017-2030 (US$M)
China Car Care Products Market Outlook Share, 2021 & 2030 (US$M)
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