Global Car Washing Services Strategic Business Report 2023: Growing Awareness on Importance of Vehicle Maintenance Fuels the Sector


Dublin, May 17, 2023 (GLOBE NEWSWIRE) -- The "Car Washing Services: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Te global market for Car Washing Services estimated at US$28 Billion in the year 2022, is projected to reach a revised size of US$36.7 Billion by 2030, growing at a CAGR of 3.4% over the analysis period 2022-2030.

Roll-Over / In-Bay, one of the segments analyzed in the report, is projected to record a 3.4% CAGR and reach US$18.4 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Tunnels segment is readjusted to a revised 3.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at $7.6 Billion, While China is Forecast to Grow at 5.8% CAGR

The Car Washing Services market in the U.S. is estimated at US$7.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$7.4 Billion by the year 2030 trailing a CAGR of 5.8% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.8% and 2.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.3% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$4.8 Billion by the year 2030.

Select Competitors (Total 12 Featured) -

  • 7 Flags Car Wash
  • Autobell Car Wash
  • Brown Bear Car Wash
  • Delta Sonic Car Wash
  • Hoffman Car Wash & Hoffman Jiffy Lube
  • IMO Car Wash
  • Magic Hand Car Wash
  • MCCW Franchising Co. - Mr. Clean Car Wash
  • Mike`s Car Wash
  • Mister Car Wash, Inc.
  • Octopus Car Wash
  • Otto Christ AG
  • Petro-Canada
  • Speed Car Wash
  • The Wash Tub
  • Wash Depot Holdings, Inc.
  • Zips Car Wash

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages258
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$28 Billion
Forecasted Market Value (USD) by 2030$36.7 Billion
Compound Annual Growth Rate3.4%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Car Washing Services: Convenient, Affordable, Time Saving and Eco-Friendly
  • Recent Market Activity
  • Increasing Sales of Passenger Cars - A Strong Business Case for Car Washing Services
  • Vehicles in Operation - A Market Opportunity
  • United States and Europe Dominate the Car Washing Services Industry
  • Middle East - A Fast Developing Market for Car Washing Services
  • Growth Drivers and Challenges in a Nutshell
  • Growth Drivers
  • Challenges
  • Operators, Suppliers and Vehicle Owners - Key Participants of Car Wash Market
  • Market Outlook
  • Car Washing Services - Global Key Competitors Percentage Market Share in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Growing Awareness on Importance of Vehicle Maintenance - A Major Growth Factor
  • Innovative Solutions Bring New Opportunities
  • Material Selection Critical for Sustaining Profitability of Car Wash Services
  • Desirable Cloth Properties for Efficient Car Cleaning
  • Loyalty Programs and Online Marketing Drive Growth in Car Washing Services Industry
  • Cashless Payments for Car Washing Services Gaining Traction
  • Carwashes Embrace Web-Based Technologies for Effective Operation
  • Leveraging New Opportunities
  • Car Wash Industry Calls for Safer Chemicals to Ensure Worker Safety
  • Carwashes go the Mobile Way
  • Demand for Touchless Car Washing Rapidly Gaining Ground
  • Environmentally Safe and Professional Car Cleaning - New Buzzwords in the Industry
  • Car Wash Facilities Focus on Green Cleaning Products
  • Rising Number of Combo Locations for Consumer Convenience
  • Companies Adopt Innovative Marketing Strategies for Greater Success
  • Operators Rely on Software for Enhancing Automation
  • Use of Advanced Technologies Bring in Automation and Reduce Manpower
  • Convenience Factor Ranks High Among Consumers
  • Alternative Energy Sources Gaining Prominence
  • Development of Waterless Car Wash Systems Fuels Market Growth
  • List of Select Players and Their Waterless Car Wash Service Offerings
  • Application of Sonar Technologies for Bespoke Carwash Services - A Remarkable Innovation

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/q9lrbo

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Global Market for Car Washing Services

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