Market revenue in 2021 | USD 69.4 million |
Market revenue in 2030 | USD 94.5 million |
Growth rate | 3.5% (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 |
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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 27.52% in 2021. Horizon Databook has segmented the Saudi Arabia 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.
Saudi Arabia is one of the largest new & used cars and aftermarket automotive parts in the Middle East and accounts for approximately 40% of all vehicles sold in the region. In Saudi Arabia, global automobile companies are benefited from the Greater Arab Free Trade Agreement (GAFTA) which permits duty-free access to 17 countries in Middle East & Africa if local value-added is 40% or above.
There is rising adoption of new e-commerce platforms and other ERP-based systems by car care products manufacturers, car workshops, spare parts retailers & rental companies in Saudi Arabia, which is leading to improved cost efficiency within their operations and greater customer outreach.
Hyundai Motor Company, Kia Corporation, General Motors, Toyota Motor Corporation, and Nissan Motor Company, Ltd. are among some of the leading players operating in the Saudi Arabia passenger car market. In addition, other passenger car manufacturers are also focusing on increasing their market share and enriching their product portfolio in the region.
Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia car care products market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia car care products market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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