The Global Market for Car Washing Services is Projected to Reach US$26.6 Billion by 2020

Increasing Car Parc & Consumer Focus On Preserving the Value of the Car Drive the Car Washing Services Market, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Car Washing Services market. The global market for Car Washing Services is projected to reach US$26.6 billion by 2020, driven by steady growth in the world motor vehicle population, consumer focus on preserving the value of the car and the quiet Do-It-For-Me (DIFM) revolution underway in the new economy.   

Commercial car washing services are used for cleaning the exterior and interior of a motor vehicle. In developed markets, car washing, servicing and maintenance is offered as part of ancillary services by gas stations, convenience stores, retail shopping outlets, and auto dealers. Over the years, car washing services have evolved from manual hand washing to touch free and water less washing, making the process convenient, affordable, time saving and environment friendly. Technological advancements have helped drive the commercial value of car washing beyond the traditional do-it-yourself home hand car washing. Better efficiency, higher safety and preservation of vehicle exterior and interiors, and superior customer service are key benefits offered by car washing services. Also, commercial car washing services reduces the number of scratches and damages to the vehicle surface. A typical DIY home car wash tends to leave deep scratches. Improper care raises the risk of leaving micro-fine, and hairline scratches that increase the cost of appearance restoration in the long-run. Although a deceptively simple looking vehicle maintenance need, car washing in reality is a science that requires knowledge and understanding about vehicle surfaces. Automotive paint and protectant technology over the decades has evolved in sync with developments in material science and chemical engineering thus requiring professional care over the life of the vehicle. Another key reason driving the popularity of car wash services is the growing environmental awareness over the benefits offered by professional car cleaning, which ensures optimum utilization of water resources and proper disposal of the solid waste as well as wastewater.   

Vehicle owners are increasingly seeking to protect and optimize the return on their investment during sale by preserving the appearance of the vehicle. Given that the resale value is hugely influenced by the aesthetic appeal of the car, restoring and rejuvenating the appearance of the vehicle while in use is an important prerequisite for better ROIs during resale. Also benefiting the market is the continuous efforts undertaken by service providers to achieve high-end outcomes and improve customer satisfaction. Right from adopting innovative technologies, equipment, washing supplies and consumables to customized marketing strategies, service providers are innovating to stay ahead. In addition to online and app-based payment options, a good number of carwash operators are using advanced POS (point of sale), RF identification systems and implementation of loyalty programs for offering effective service to their customers. The ability to support loyalty programs and up-sell while making it more convenient for consumers is driving the growth and profitability of market participants.

As stated by the new market research report on Car Washing Services, Europe represents the largest market worldwide. Asia-Pacific ranks as the fastest growing market exhibiting a CAGR of 4.3% over the analysis period, led by growing vehicle ownership per capita; increasing disposable income, lesser leisure time, demand for convenience and the ensuing unattractiveness of DIY car washes; growing reliance on Do-It-For-Me, expanding base of middle class population, and growing spends on timely vehicle maintenance. Technology automation and specialized labor are driving the DIFM trend.   

Major players covered in the report include 7 Flags Car Wash, Autobell Car Wash, Boomerang Carwash, Brown Bear Car Wash, Delta Sonic Car Wash Corp., Freedom Car Wash, Goo Goo Express Wash Inc., Hoffman Car Wash, IMO Car Wash, Magic Hand Car Wash, MCCW Franchising Co, LLC, Mike’s Express Car Wash, Mister Car Wash, Inc., Octopus Car Wash, Otto Christ AG, Petro-Canada, Speed Car Wash, Terrible Herbst, Inc., Wash Depot Holdings, Inc., and The Wash Tub among others.

The research report titled “Car Washing Services: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, growth drivers, product innovations and strategic industry activities of major companies worldwide. The report provides market estimates and projections of revenues in US$ Millions for all major geographic markets such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific (Australia, China, and Rest of Asia-Pacific), Middle East & Africa, and Latin America (Brazil and Rest of Latin America).

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