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).

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Comments

  1. Thanks for sharing such an amazing article, really informative

    ReplyDelete
  2. Gold Coast Hand Car Wash services come with different value-added services such as hand car wash, automatic wash, BP Formula Care's car washing service with vacuum cleaning at affordable cost.

    ReplyDelete

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