Germany Car Care Products Market Size & Outlook, 2021-2030
Germany car care products market, 2017-2030 (US$M)
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Germany car care products market highlights
- The Germany car care products market generated a revenue of USD 504.3 million in 2021 and is expected to reach USD 713.7 million by 2030.
- The Germany market is expected to grow at a CAGR of 3.9% 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 504.3 million |
| Market revenue in 2030 | USD 713.7 million |
| Growth rate | 3.9% (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, Germany accounted for 4.9% 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 Europe, Germany car care products market is projected to lead the regional market in terms of revenue in 2030.
- Netherlands is the fastest growing regional market in Europe and is projected to reach USD 107.7 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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Germany 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 37.76% in 2021. Horizon Databook has segmented the Germany 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.
Germany was the largest market for automobiles in the region in 2021, backed by the presence of a large pool of original equipment manufacturers and a strong consumer base. The country is presumed to be a significant contributor to the car care products market owing to the increasing trends toward vehicle maintenance and periodic servicing of vehicles.
Moreover, technological developments in the automobile sector in Germany are expected to increase the demand for passenger cars and luxury cars, which is likely to augment the demand for car care products.
Shifting trends toward the development of lightweight and more efficient vehicles in Germany's automobile industry is expected to have a positive impact on the market. The growth of the automotive industry in Germany is expected to be a key factor driving the market growth of car care products in the region, thereby increasing their demand 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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Horizon Databook provides a detailed overview of country-level data and insights on the Germany car care products market , including forecasts for subscribers. This country databook contains high-level insights into Germany car care products market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Germany car care products market size, by product, 2017-2030 (US$M)
Germany Car Care Products Market Outlook Share, 2021 & 2030 (US$M)
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