Market Overview:
The global vehicle care market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing demand for passenger cars and commercial vehicles, rising disposable income, and growing awareness about vehicle care products and services. The global vehicle care market is segmented on the basis of type into regular maintenance and irregular maintenance. The regular maintenance segment is further sub-segmented into oil change, tire rotation/alignment, engine tune-up, brake inspection/repair, and others. The irregular maintenance segment includes windshield repair/replacement, bodywork repair/paint job, car detailing etc. On the basis of application, the global vehicle care market is divided into passenger car and commercial car segments. Passenger cars are further classified into luxury cars and non-luxury cars segments whereas commercial vehicles are classified into light commercial vehicles (LCVs)and heavy commercial vehicles (HCVs).
Product Definition:
Vehicle care is the practice and philosophy of keeping a vehicle in optimal condition. The importance of vehicle care is that it helps keep a vehicle running smoothly, prevents costly repairs, and extends the life of the car.
Regular Maintenance:
Regular maintenance is the planned and systematic approach to regularize, stabilize, and improve the health of a machine or vehicle. It includes procedures that are necessary to keep a machine or vehicle in good working order so that it can perform its intended function for as long as possible. The factors considered while planning regular maintenance include type of equipment, location of equipment (home based or on-site), frequency (monthly, bi-annually etc.
Irregular Maintenance:
Irregular maintenance is also known as casual maintenance or irregular repair. It includes a set of techniques used to identify and correct problems in vehicles without the use of specialized tools or equipment. The main objective of this type of maintenance is to keep vehicles running safely and efficiently by performing basic repairs that are frequently performed during scheduled services, but which get overlooked due to lack of tools or expertise.
The global vehicle care market size was valued at USD 85 billion in 2016.
Application Insights:
The passenger car segment accounted for the largest revenue share of over 60% in 2017. The growth is attributed to increasing production of passenger cars, especially in China, India and Japan. Moreover, growing demand for light commercial vehicles (LCVs) such as mini trucks and midi buses is expected to drive the industry over the forecast period. LCVs are majorly used for transporting goods within a city or between cities and towns thus leading to an increased need for vehicle maintenance services across all regions.
Commercial vehicle segment is anticipated to expand at a CAGR of XX% from 2018 to 2030 owing to rising demand from construction industries across various regions globally including North America, Europe and Asia Pacific region. Furthermore, companies are also expanding their operations by establishing offices in different parts of the world particularly in developing countries such as Brazil where there has been an increase in demand due railway expansion projects which will eventually benefit market growth worldwide over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing vehicle production in countries, such as India and China. In addition, rising disposable income of consumers and improving standards of living are likely to contribute toward market growth in this region. Furthermore, growing adoption of luxury vehicles by high net worth individuals is projected to drive demand for regular maintenance services over the next eight years.
Europe accounted for a significant share in global vehicle care industry owing to stringent regulations imposed on automotive manufacturers by regulatory bodies like EEA and EU regarding fuel emissions and safety features incorporated into vehicles manufactured after 2009 (Euro 6). As a result, manufacturers are compelled to increase their focus on lightweight materials used for manufacturing body components so that they comply with these emission norms without affecting overall efficiency or performance of cars/vans/trucks.
Growth Factors:
- Increasing demand for luxury and customized vehicles
- Rising disposable income of consumers
- Proliferation of online car care service providers
- Growing awareness about the importance of vehicle care and maintenance among consumers
- Technological advancements in the automotive industry
Scope Of The Report
Report Attributes
Report Details
Report Title
Vehicle Care Market Research Report
By Type
Regular Maintenance, Irregular Maintenance
By Application
Passenger Car, Commercial Car
By Companies
Besoon, The Treatment, AIYIXING, Suremoov, Guiboshi, Cinep, BLB, SNAP, Jiffy Lube, Valvoline Instant Oil Change, Mobil 1 Lube Express, Grease Monkey, Castrol Premium Lube Express, Shell Rapid Lube, PSA, Auto Super Shoppes
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
190
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Vehicle Care Market Report Segments:
The global Vehicle Care market is segmented on the basis of:
Types
Regular Maintenance, Irregular Maintenance
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
Passenger Car, Commercial Car
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:
- Besoon
- The Treatment
- AIYIXING
- Suremoov
- Guiboshi
- Cinep
- BLB
- SNAP
- Jiffy Lube
- Valvoline Instant Oil Change
- Mobil 1 Lube Express
- Grease Monkey
- Castrol Premium Lube Express
- Shell Rapid Lube
- PSA
- Auto Super Shoppes
Highlights of The Vehicle Care 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:
- Regular Maintenance
- Irregular Maintenance
- By Application:
- Passenger Car
- Commercial Car
- 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 Vehicle Care 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?
Vehicle care is the regular maintenance and upkeep of your vehicle. This includes everything from oil changes to replacing worn parts. Vehicle care can also include safety inspections, tire rotations, and more.
Some of the major players in the vehicle care market are Besoon, The Treatment, AIYIXING, Suremoov, Guiboshi, Cinep, BLB, SNAP, Jiffy Lube, Valvoline Instant Oil Change, Mobil 1 Lube Express, Grease Monkey, Castrol Premium Lube Express, Shell Rapid Lube, PSA, Auto Super Shoppes.
The vehicle care 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 Vehicle Care 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 Vehicle Care Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vehicle Care 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 Vehicle Care 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 Vehicle Care Market Size & Forecast, 2018-2028
4.5.1 Vehicle Care Market Size and Y-o-Y Growth
4.5.2 Vehicle Care Market Absolute $ Opportunity
Chapter 5 Global Vehicle Care 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 Vehicle Care Market Size Forecast by Type
5.2.1 Regular Maintenance
5.2.2 Irregular Maintenance
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Vehicle Care 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 Vehicle Care Market Size Forecast by Applications
6.2.1 Passenger Car
6.2.2 Commercial Car
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vehicle Care 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 Vehicle Care 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 Vehicle Care Analysis and Forecast
9.1 Introduction
9.2 North America Vehicle Care 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 Vehicle Care Market Size Forecast by Type
9.6.1 Regular Maintenance
9.6.2 Irregular Maintenance
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 Vehicle Care Market Size Forecast by Applications
9.10.1 Passenger Car
9.10.2 Commercial Car
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 Vehicle Care Analysis and Forecast
10.1 Introduction
10.2 Europe Vehicle Care 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 Vehicle Care Market Size Forecast by Type
10.6.1 Regular Maintenance
10.6.2 Irregular Maintenance
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 Vehicle Care Market Size Forecast by Applications
10.10.1 Passenger Car
10.10.2 Commercial Car
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 Vehicle Care Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vehicle Care 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 Vehicle Care Market Size Forecast by Type
11.6.1 Regular Maintenance
11.6.2 Irregular Maintenance
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 Vehicle Care Market Size Forecast by Applications
11.10.1 Passenger Car
11.10.2 Commercial Car
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 Vehicle Care Analysis and Forecast
12.1 Introduction
12.2 Latin America Vehicle Care 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 Vehicle Care Market Size Forecast by Type
12.6.1 Regular Maintenance
12.6.2 Irregular Maintenance
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 Vehicle Care Market Size Forecast by Applications
12.10.1 Passenger Car
12.10.2 Commercial Car
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) Vehicle Care Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vehicle Care 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) Vehicle Care Market Size Forecast by Type
13.6.1 Regular Maintenance
13.6.2 Irregular Maintenance
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) Vehicle Care Market Size Forecast by Applications
13.10.1 Passenger Car
13.10.2 Commercial Car
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 Vehicle Care Market: Competitive Dashboard
14.2 Global Vehicle Care Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Besoon
14.3.2 The Treatment
14.3.3 AIYIXING
14.3.4 Suremoov
14.3.5 Guiboshi
14.3.6 Cinep
14.3.7 BLB
14.3.8 SNAP
14.3.9 Jiffy Lube
14.3.10 Valvoline Instant Oil Change
14.3.11 Mobil 1 Lube Express
14.3.12 Grease Monkey
14.3.13 Castrol Premium Lube Express
14.3.14 Shell Rapid Lube
14.3.15 PSA
14.3.16 Auto Super Shoppes
