The Global Car Washing Services Market is Projected to Reach US$26 Billion by 2024
Growing
Vehicle Population and Focus on Vehicle Maintenance to Drive the Global 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, market size and demand
forecasts on the global Car Washing Services market. The global Car Washing Services market is projected to reach US$26 billion
by 2024, driven by increasing car parc (vehicles in
operation), and increasing awareness among users about maintaining vehicle.
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 Washes, which ensure optimum
utilization of water resources and proper disposal of the solid waste as well
as wastewater.
Car washing is perceived differently in various
regions. For instance in Europe, Germans and Swiss wash their cars more
frequently, while in France, car washing is a less frequent activity. German
laws prohibit car users from washing at home, which might account for higher
usage of car washing services in the country. In some regions, women account
for more than half of the DIY car washer, while in developed markets
such as the US, paying over US$20 for car wash is common. These cultural
differences make it compulsory for cash washing service providers to install
equipment to meet diverse demands of car owners and offer services at an
affordable cost. Car washes are largely discretionary for consumers, and the
general state of the economy and disposable incomes play a large part in
customers availing services. In times of economic downturns, car users opt to
self-clean their cars in their own yards. However, with increasing awareness of
the polluting nature of chemicals in car wash consumables and their run off
into storm water outlets, many local bodies are gradually passing laws to
discourage car washes at home. European countries such as Germany prohibit
washing cars at home. In addition, home car washes consume more water, compared
to professional car wash services. Moreover, car wash service providers are
required to treat the run off and drain into sewer systems to negate pollution
of local water bodies into which storm water runoff is drained into.
The car washing industry has witnessed a notable evolution
over the past several decades. Technological advancements have played a major
role in enabling service providers to progressively migrate from manual car
washes to automatic, computerized systems for better efficiency and customer
service. The car wash market globally is expected to continuously experience
introduction of innovative products for efficient operations. The combination
of enhanced innovations along with established products allows the industry to
stay ahead, achieve high-end outcomes and improve customer satisfaction.
Leading manufacturers in the market offer sophisticated solutions that are
designed to inform, entertain and perform at higher levels.
As stated by the new market research report on Car Washing Services, Europe represents the
largest regional market worldwide, followed by the US. Asia-Pacific region is
forecast to witness the fastest growth among all regions, with a CAGR of 4.3%
over the analysis period. Globally about 1.3 billion vehicles are in operation.
The US, with about 264 million vehicles in operation provides opportunities for
car wash service providers. China, with about 163 million vehicles in operation
has the second largest vehicle parc in the world, but penetration of car wash
and car grooming services is relatively low. As the average vehicle owner in
China and other developing markets evolves over time, there exist vast
opportunities for car wash service providers in emerging markets. Moreover, the
value of services provided is also expected to increase as customers in
developing markets gradually shift from basic cleaning services to value added
services such as car detailing.
Major players in the market include 7 Flags Car Wash,
Autobell Car Wash, Brown Bear Car Wash, Delta Sonic Car Wash, Corporation,
Freedom Car Wash, Goo-Goo Express Wash, Inc., Hoffman Car Wash & Hoffman
Jiffy Lube, IMO Car Wash, Magic Hand Car Wash, Mike’s Car Wash, Mister Car
Wash, Inc., Mr. Clean Car Wash, Octopus Car Wash, Otto Christ AG, Petro-Canada,
Speed Car Wash, The Wash Tub, Wash Depot Holdings, Inc., and Zips Car Wash
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, innovations and launches, and strategic industry
activities various players. The single segment report provides market estimates
and projections in US$ Million for Car Washing Services for all major
geographic markets including 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).
For enquiries e-mail us at rsd@strategyr.com or info411@strategyr.com.
To connect with us, visit our LinkedIn page.
Global Industry Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA,
All Rights Reserved.
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