Spain Car Care Products Market Size & Outlook, 2021-2030
Spain car care products market, 2017-2030 (US$M)
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Spain car care products market highlights
- The Spain car care products market generated a revenue of USD 213.2 million in 2021 and is expected to reach USD 300.5 million by 2030.
- The Spain 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 213.2 million |
| Market revenue in 2030 | USD 300.5 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, Spain accounted for 2.1% 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 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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Spain 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 38.41% in 2021. Horizon Databook has segmented the Spain 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 automotive industry in Spain is one of the major sectors in the country, which contributes about 11% of the country’s GDP and accounts for about 20% of the total Spanish exports. The automobile industry in Spain has benefited from the robust demand growth from global markets.
Spain is the ninth largest producer of automobiles in the world and the second-largest producer in Europe. Spain produced over 2 million automobiles in 2021. The majority of the vehicles produced in the country are exported to other European countries and the Asia Pacific region.
Moreover, domestic sales of passenger cars in the country have grown with the rise in disposable income and rising spending power, thus supporting the demand for car care products. In the recent past, the Spanish automotive sector has witnessed strong growth owing to increasing global demand.
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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 Spain car care products market , including forecasts for subscribers. This country databook contains high-level insights into Spain car care products market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Spain car care products market size, by product, 2017-2030 (US$M)
Spain Car Care Products Market Outlook Share, 2021 & 2030 (US$M)
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