Europe Car Care Products Market Size & Outlook, 2021-2030
Europe car care products market, 2017-2030 (US$M)
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Europe car care products market highlights
- The Europe car care products market generated a revenue of USD 2,705.7 million in 2021.
- The market is expected to grow at a CAGR of 3.2% 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, Netherlands is expected to register the highest CAGR from 2022 to 2030.
Europe data book summary
| Market revenue in 2021 | USD 2,705.7 million |
| Market revenue in 2030 | USD 3,587.5 million |
| Growth rate | 3.2% (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, Europe region accounted for 26.5% 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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Europe 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 39.67% in 2021. Horizon Databook has segmented the Europe 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 car care products market in Europe is anticipated to witness growth in the estimated time frame owing to the ascending performance of the automotive industry in the region. Several major multinational car manufacturers are located in the region, making it a hub for automotive manufacturing across the globe, thus supporting the demand for car care products.
The growth in the sales of electric vehicles is predicted to introduce a competitive dynamic to the automotive market in Europe. However, fluctuations in trade between Europe and the U.S. owing to tariffs imposed by both parties on automotive imports may negatively impact automotive production in Europe, thereby affecting the demand for car care products for automotive applications.
Also, the shifting focus of the European automotive manufacturers towards Asia due to lower manufacturing costs is anticipated to impact automotive production in the region, resulting in lower consumption of the products as compared to the Asia Pacific.
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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 continent-level data and insights on the Europe car care products market , including forecasts for subscribers. This continent databook contains high-level insights into Europe car care products market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Europe car care products market size, by country, 2017-2030 (US$M)
Europe Car Care Products Market Outlook Share, 2021 & 2030 (US$M)
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