Middle East & Africa Car Care Products Market Size & Outlook
Middle East & Africa car care products market, 2017-2030 (US$M)
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MEA car care products market highlights
- The MEA car care products market generated a revenue of USD 697.1 million in 2021.
- The market is expected to grow at a CAGR of 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.
- Country-wise, Iran is expected to register the highest CAGR from 2022 to 2030.
MEA data book summary
| Market revenue in 2021 | USD 697.1 million |
| Market revenue in 2030 | USD 911.5 million |
| Growth rate | 3% (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, MEA region accounted for 6.8% 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 |
|---|
Middle East & Africa 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 26.5% in 2021. Horizon Databook has segmented the Middle East & Africa 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 market in Middle East & Africa is experiencing several transformative shifts influenced by economic disruptions that affect new car sales, new regulations to formalize the used car market, new channel distribution, and technology innovations.
Several initiatives are being taken by the governments and private companies in the region to develop new opportunities in the car care products market.
For example, in 2022, a trade show for the car wash sector will take place at Dubai World Trade Centre. As the only dedicated industry platform in the Middle East, Gulf Car Wash Car Care Expo will present cutting-edge solutions from leading global manufacturers and suppliers across all segments of the industry, including car wash, maintenance, auto detailing, and other services.
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Target buyers of Middle East & Africa 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa car care products market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa car care products market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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MEA car care products market size, by country, 2017-2030 (US$M)
Middle East & Africa Car Care Products Market Outlook Share, 2021 & 2030 (US$M)
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