India Car Care Products Market Size & Outlook, 2021-2030
India car care products market, 2017-2030 (US$M)
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India car care products market highlights
- The India car care products market generated a revenue of USD 185.2 million in 2021 and is expected to reach USD 270.2 million by 2030.
- The India market is expected to grow at a CAGR of 4.3% 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 185.2 million |
| Market revenue in 2030 | USD 270.2 million |
| Growth rate | 4.3% (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, India accounted for 1.8% 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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India 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 28.24% in 2021. Horizon Databook has segmented the India 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.
India is the fourth-largest automobile industry globally, which can be attributed to the low cost of production, skilled workforce, and strong consumer base demanding vehicle upgrades.
The presence of several multinational car makers coupled with government initiatives for boosting the manufacturing sector in India is expected to attract foreign direct investments.
Thus, many carmakers are aiming to establish manufacturing facilities in India. The aforementioned factors are expected to support the growth of the car care products market in the coming years.
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Target buyers of India 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India car care products market , including forecasts for subscribers. This country databook contains high-level insights into India car care products market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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India car care products market size, by product, 2017-2030 (US$M)
India Car Care Products Market Outlook Share, 2021 & 2030 (US$M)
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