Indonesia Car Care Products Market Size & Outlook
Indonesia car care products market, 2017-2030 (US$M)
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Indonesia car care products market highlights
- The Indonesia car care products market generated a revenue of USD 116.5 million in 2021 and is expected to reach USD 131.1 million by 2030.
- The Indonesia market is expected to grow at a CAGR of 1.3% 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 116.5 million |
| Market revenue in 2030 | USD 131.1 million |
| Growth rate | 1.3% (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, Indonesia accounted for 1.1% 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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Indonesia 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 26.18% in 2021. Horizon Databook has segmented the Indonesia 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 Indonesia is expected to witness an upward trend owing to the rising consumer demand for passenger cars and light vehicles for personal use. As of 2021, the annual car production of the country was over 600 thousand units, which is expected to have a positive impact on the car care products market growth over the forecast period.
Rising disposable income, low labor cost, rapidly expanding middle-class population, favorable policies by the government, and tax benefits to multinational manufacturers have raised the investments in the country to set up assembly and manufacturing plants. This is expected to serve the local as well as global automotive demand and positively impact the market for car care products.
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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 Indonesia car care products market , including forecasts for subscribers. This country databook contains high-level insights into Indonesia car care products market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Indonesia car care products market size, by product, 2017-2030 (US$M)
Indonesia Car Care Products Market Outlook Share, 2021 & 2030 (US$M)
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