Market Overview:
The global automotive care products market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for automobiles, rising disposable income, and growing awareness about car care products among consumers. In terms of type, the cleaning products segment is expected to hold the largest share in the global automotive care products market during the forecast period. This can be attributed to factors such as increasing demand for car detailing and rising concerns about vehicle hygiene among consumers.
Product Definition:
Automotive care products are a type of product that is used to clean, protect, and maintain the appearance of a vehicle. There are many different types of automotive care products available, including car waxes, polishes, cleaners, and sealants. Automotive care products can help to keep a vehicle looking new by removing dirt and debris from the surface of the car, as well as protecting it from UV damage and oxidation.
Cleaning Products:
Cleaning products are the substances or tools used to remove dirt, stains, and other contaminants from various surfaces. The global cleaning products market is expected to witness significant growth over the forecast period owing to rising awareness regarding hygiene among consumers across different industry verticals. Increasing consumer disposable income coupled with rapid urbanization has led to a rise in demand for premium cars that require more maintenance and are prone to attracting dust particles. This factor is anticipated drive product demand in automotive care sector over the forecast period.
Repair Products:
Repair products are the specialized formulations used to restore or replace damaged components in automotive care products. These formulations comprise of ingredients such as surfactants, solvents, polymers and resins among others which help in repairing damages done to vehicle surfaces by washing or drying. Some of the common repair product types include scratch & dent repair kits, paint fillers & scratch-resistant coatings, glass repairs and clear coatings among others.
Application Insights:
The automotive channel segment led the global application market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing penetration of ecommerce portals, which offer convenience and ease of access for consumers as well as vendors. Furthermore, rising demand for specialty products such as motor oil by various vehicle manufacturers is expected to drive the segment further.
The mass/hypermarket segment held a significant share in 2017 owing to increasing penetration of supermarkets and hypermarkets across countries such as India, China Japan etc., where consumers prefer buying all types of consumer goods including automobile accessories together with food items from one place only instead going out from home or office-based stores several times a week. This factor is anticipated to fuel industry expansion over the coming years also resulting in considerable growth during forecast period also considering other regional markets worldwide eventually resulting into CAGR exceeding 5%.
Regional Analysis:
Asia Pacific is expected to be the largest regional market over the forecast period owing to increasing automobile sales and usage in countries, such as China, India, Japan and South Korea. The region accounted for a share of more than 30% in 2017. Increasing automobile production has also boosted demand for automotive care products across Asia Pacific. For instance, according to OICA statistics published on their website in 2018; Asia produced 6.7 million motor vehicles in 2017 compared to 5 million units produced in 2016 which represents an increase of nearly 14%.
Europe is anticipated to witness significant growth over the next eight years owing to rising consumer awareness regarding vehicle maintenance along with growing trend towards e-commerce shopping for car care products online rather than going outstation or into malls/shops locally thereby driving industry growth at a significant pace.
Growth Factors:
- Increasing demand for automobiles
- Rising disposable income of consumers
- Technological advancements in automotive care products
- Growing awareness about the benefits of using automotive care products
- Proliferation of online retailing
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Care Products Market Research Report
By Type
Cleaning Products, Repair Products, Protection Products, Car Cleaning Accessories, Motor Oil, Technical Care Products, Antifreezes
By Application
Mass/Hypermarket, Automotive Channel, Ecommerce, Wholesale Clubs, Others
By Companies
Shell, ExxonMobil, BP, Chevron, TOTAL, Valvoline, Idemitsu Kosan, Sinopec, FUCHS, JX GROUP, LUKOIL, CNPC, 3M, Illinois Tool Works, Spectrum Brands, Turtle Wax, Prestone, Altro, Sonax, Tetrosyl, Biaobang, SOFT99
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Care Products Market Report Segments:
The global Automotive Care Products market is segmented on the basis of:
Types
Cleaning Products, Repair Products, Protection Products, Car Cleaning Accessories, Motor Oil, Technical Care Products, Antifreezes
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Mass/Hypermarket, Automotive Channel, Ecommerce, Wholesale Clubs, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Shell
- ExxonMobil
- BP
- Chevron
- TOTAL
- Valvoline
- Idemitsu Kosan
- Sinopec
- FUCHS
- JX GROUP
- LUKOIL
- CNPC
- 3M
- Illinois Tool Works
- Spectrum Brands
- Turtle Wax
- Prestone
- Altro
- Sonax
- Tetrosyl
- Biaobang
- SOFT99
Highlights of The Automotive Care Products Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cleaning Products
- Repair Products
- Protection Products
- Car Cleaning Accessories
- Motor Oil
- Technical Care Products
- Antifreezes
- By Application:
- Mass/Hypermarket
- Automotive Channel
- Ecommerce
- Wholesale Clubs
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Care Products Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive care products are chemicals, cleaners, and other items used to clean or maintain a car.
Some of the major players in the automotive care products market are Shell, ExxonMobil, BP, Chevron, TOTAL, Valvoline, Idemitsu Kosan, Sinopec, FUCHS, JX GROUP, LUKOIL, CNPC, 3M, Illinois Tool Works, Spectrum Brands, Turtle Wax, Prestone, Altro, Sonax, Tetrosyl, Biaobang, SOFT99.
The automotive care products market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Care Products Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Automotive Care Products Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Automotive Care Products Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Automotive Care Products Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Automotive Care Products Market Size & Forecast, 2018-2028 4.5.1 Automotive Care Products Market Size and Y-o-Y Growth 4.5.2 Automotive Care Products Market Absolute $ Opportunity
Chapter 5 Global Automotive Care Products Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive Care Products Market Size Forecast by Type
5.2.1 Cleaning Products
5.2.2 Repair Products
5.2.3 Protection Products
5.2.4 Car Cleaning Accessories
5.2.5 Motor Oil
5.2.6 Technical Care Products
5.2.7 Antifreezes
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Care Products Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive Care Products Market Size Forecast by Applications
6.2.1 Mass/Hypermarket
6.2.2 Automotive Channel
6.2.3 Ecommerce
6.2.4 Wholesale Clubs
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Care Products Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Care Products Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive Care Products Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Care Products Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive Care Products Market Size Forecast by Type
9.6.1 Cleaning Products
9.6.2 Repair Products
9.6.3 Protection Products
9.6.4 Car Cleaning Accessories
9.6.5 Motor Oil
9.6.6 Technical Care Products
9.6.7 Antifreezes
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive Care Products Market Size Forecast by Applications
9.10.1 Mass/Hypermarket
9.10.2 Automotive Channel
9.10.3 Ecommerce
9.10.4 Wholesale Clubs
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive Care Products Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Care Products Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive Care Products Market Size Forecast by Type
10.6.1 Cleaning Products
10.6.2 Repair Products
10.6.3 Protection Products
10.6.4 Car Cleaning Accessories
10.6.5 Motor Oil
10.6.6 Technical Care Products
10.6.7 Antifreezes
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive Care Products Market Size Forecast by Applications
10.10.1 Mass/Hypermarket
10.10.2 Automotive Channel
10.10.3 Ecommerce
10.10.4 Wholesale Clubs
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive Care Products Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Care Products Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive Care Products Market Size Forecast by Type
11.6.1 Cleaning Products
11.6.2 Repair Products
11.6.3 Protection Products
11.6.4 Car Cleaning Accessories
11.6.5 Motor Oil
11.6.6 Technical Care Products
11.6.7 Antifreezes
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive Care Products Market Size Forecast by Applications
11.10.1 Mass/Hypermarket
11.10.2 Automotive Channel
11.10.3 Ecommerce
11.10.4 Wholesale Clubs
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive Care Products Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Care Products Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive Care Products Market Size Forecast by Type
12.6.1 Cleaning Products
12.6.2 Repair Products
12.6.3 Protection Products
12.6.4 Car Cleaning Accessories
12.6.5 Motor Oil
12.6.6 Technical Care Products
12.6.7 Antifreezes
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive Care Products Market Size Forecast by Applications
12.10.1 Mass/Hypermarket
12.10.2 Automotive Channel
12.10.3 Ecommerce
12.10.4 Wholesale Clubs
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive Care Products Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Care Products Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive Care Products Market Size Forecast by Type
13.6.1 Cleaning Products
13.6.2 Repair Products
13.6.3 Protection Products
13.6.4 Car Cleaning Accessories
13.6.5 Motor Oil
13.6.6 Technical Care Products
13.6.7 Antifreezes
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive Care Products Market Size Forecast by Applications
13.10.1 Mass/Hypermarket
13.10.2 Automotive Channel
13.10.3 Ecommerce
13.10.4 Wholesale Clubs
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Care Products Market: Competitive Dashboard
14.2 Global Automotive Care Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Shell
14.3.2 ExxonMobil
14.3.3 BP
14.3.4 Chevron
14.3.5 TOTAL
14.3.6 Valvoline
14.3.7 Idemitsu Kosan
14.3.8 Sinopec
14.3.9 FUCHS
14.3.10 JX GROUP
14.3.11 LUKOIL
14.3.12 CNPC
14.3.13 3M
14.3.14 Illinois Tool Works
14.3.15 Spectrum Brands
14.3.16 Turtle Wax
14.3.17 Prestone
14.3.18 Altro
14.3.19 Sonax
14.3.20 Tetrosyl
14.3.21 Biaobang
14.3.22 SOFT99