{"id":587322,"date":"2022-02-21T06:04:01","date_gmt":"2022-02-21T06:04:01","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=587322"},"modified":"2022-02-21T06:04:01","modified_gmt":"2022-02-21T06:04:01","slug":"car-care-products-market-size-to-surge-at-43-cagr-is-expected-to-reach-1448-billion-in-2028-grand-view-research-inc","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/car-care-products-market-size-to-surge-at-43-cagr-is-expected-to-reach-1448-billion-in-2028-grand-view-research-inc_587322.html","title":{"rendered":"Car Care Products Market Size To Surge At 4.3% CAGR Is Expected To Reach $14.48 Billion In 2028 | Grand View Research, Inc."},"content":{"rendered":"
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\u201cGrand View Research, Inc. \u2013 Market Research And Consulting.\u201d<\/div>\n<\/div>\n<\/div>\n
According to a new report published by Grand View Research, Rapidly increasing automotive sales across the globe, a rise in consumer disposable income, and innovations in car washing techniques are expected to drive the market over the forecast period.<\/div>\n

The global car care products market<\/a> <\/strong>size is expected to reach USD 14.48 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.3% from 2021 to 2028. The increasing awareness among customers regarding the maintenance of cars to increase their life is expected to drive the market over the forecast period.<\/p>\n

The market for car care products is expected to grow significantly owing to the advancements in car washing technologies. Several modern technologies such as in-bay automatic car washing systems and tunnel automatic car washing systems are used in large service centers and professional car washing facilities, which require minimal human effort, leading to a significant reduction in car washing time.<\/p>\n

The market was severely impacted by the pandemic situation, where the lockdown has resulted in a decline in the sales of car care products on both the individual and commercial front. In addition, the economic crisis caused by the pandemic situation is expected to have an adverse effect on disposable income, consequently resulting in a decline in the sales of car care products.<\/p>\n

Key players such as 3M Company, Inc.; The Clorox Company; and Valvoline Inc. are acquiring the production facilities or divisions of smaller players as a part of their strategies to enhance their scope of operations and provide better services to clients. The companies operate in multiple locations across Europe, North America, and Asia Pacific with global expansion plans.<\/p>\n

Browse full report with Table of Content @ https:\/\/www.grandviewresearch.com\/industry-analysis\/car-care-product-market<\/a><\/strong><\/p>\n

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Car Care Products Market Report Highlights<\/strong><\/p>\n