The Asia Pacific Car Care Products Market would witness market growth of 4.4% CAGR during the forecast period (2022-2028).
Interior car care products contain plastic and vinyl cleaners & polish, leather polish and protectant, carpet & upholstery shampoo with odor absorber, deodorizer spray for the car’s interior, and car interior windshield cleaner equipped with an anti-fogging effect.
Plastic & vinyl cleaner are used to lift dust, dirt, and other unwanted residues to restore the car’s interior surface to its original clean form. Leather polish and protectants contain these ingredients: a solvent which is generally naphtha or turpentine, chemical dyes, beeswax or carnauba wax, and oil which is usually neatsfoot (bovine tallow) or Mink oil.
The automotive industry is one of the primary pillars of the Indian economy. With robust forward & backward linkages, it is a prominent driver for growth. The conscious policy interventions and liberalization over the past few years have created a competitive, vibrant market and introduced many new players, which resulted in the expansion of the automobile industry. As a result, the sector's contribution to the National GDP rose from 2.77% in 1992-93 to around 7.1% in 2014-15.
The China market dominated the Asia Pacific Car Care Products Market by Country 2021; thereby, achieving a market value of $787.5 million by 2028. The Japan market is estimated to grow at a CAGR of 3.8% during (2022 - 2028). Additionally, The India market would experience a CAGR of 5.1% during (2022 - 2028).
Based on Solvent, the market is segmented into Water-based and Foam-based. Based on Application, the market is segmented into Interior and Exterior. Based on Product Type, the market is segmented into Cleaning & Washing, Polishing & Waxing, Sealing Glaze & Coating, and Others. Based on Vehicle Type, the market is segmented into Passenger Cars and Commercial Vehicles. Based on Distribution Channel, the market is segmented into DIY/ Retail Stores and DIFM/ Service Centers. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Car Care Products Market is Projected to reach USD 9.4 Billion by 2028, at a CAGR of 3.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 3M Company, Illinois Tool Works, Inc., SONAX GmbH, SOFT99 CORPORATION, Simoniz USA, Inc., Jopasu India Pvt. Ltd., Tetrosyl Limited, Turtle Wax, Inc., Bullsone Co., Ltd.
By Solvent
By Application
By Product Type
By Vehicle Type
By Distribution Channel
By Country
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