12.06.2018 Views

Global Car Care Cosmetics Market was Valued at $ 6.3 Billion in 2017

The global car care cosmetics market, in terms of revenue, was valued at US$ 6.3 billion in 2017 and is forecast to grow at a CAGR of 3.04% during the period from 2017 to 2023 ($7.56 billion in 2023). https://www.qyresearch.com/index/detail/387286/global-car-care-cosmetics-market

The global car care cosmetics market, in terms of revenue, was valued at US$ 6.3 billion in 2017 and is forecast to grow at a CAGR of 3.04% during the period from 2017 to 2023 ($7.56 billion in 2023).
https://www.qyresearch.com/index/detail/387286/global-car-care-cosmetics-market

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<strong>Global</strong> <strong>Car</strong> <strong>Car</strong>e<br />

<strong>Cosmetics</strong> <strong>Market</strong><br />

<strong>was</strong> <strong>Valued</strong> <strong>at</strong> $ <strong>6.3</strong><br />

<strong>Billion</strong> <strong>in</strong> <strong>2017</strong><br />

Custom Research|Research Report|Management Consult<strong>in</strong>g|Sem<strong>in</strong>ar|D<strong>at</strong>abase<br />

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QYResearch<br />

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QYResearch<br />

• <strong>Car</strong> care cosmetics or car care products are high performance chemicals<br />

used to improve sh<strong>in</strong>e, gloss, and durability of vehicles. These chemicals<br />

also protect and reta<strong>in</strong> the visual appeal of vehicles. There are different<br />

types of automotive appearance chemicals available <strong>in</strong> the market which<br />

<strong>in</strong>cludes wheel care, tire sh<strong>in</strong>e, <strong>in</strong>terior-exterior care, glass cleaner, pa<strong>in</strong>t<br />

clean<strong>in</strong>g and protection, pa<strong>in</strong>t restor<strong>at</strong>ion and many more.<br />

• The global car care cosmetics market, <strong>in</strong> terms of revenue, <strong>was</strong> valued <strong>at</strong><br />

US$ <strong>6.3</strong> billion <strong>in</strong> <strong>2017</strong> and is forecast to grow <strong>at</strong> a CAGR of 3.04% dur<strong>in</strong>g<br />

the period from <strong>2017</strong> to 2023 ($7.56 billion <strong>in</strong> 2023). The major factors<br />

<strong>in</strong>fluenc<strong>in</strong>g the growth of global car care cosmetics market are the fast<br />

development of automotive across the world.<br />

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QYResearch<br />

• On the basis of type, car wax products, with more expensive price, is<br />

the largest segment with around 34.6% value market share of the total<br />

market <strong>in</strong> <strong>2017</strong>. <strong>Car</strong> screen <strong>was</strong>h products are cheaper, account<strong>in</strong>g for<br />

about 30.3% market share <strong>in</strong> terms of value.<br />

• On the basis of geography, the global car care cosmetics market is<br />

segmented <strong>in</strong>to regions, namely, North America, Europe, Asia-Pacific<br />

and other regions. In <strong>2017</strong>, Europe is the largest consumer as well as<br />

the steady grow<strong>in</strong>g regional market for car care cosmetics and held<br />

34.7% share <strong>in</strong> the global market, followed by North America with the<br />

market share of 34.6%. The demand for car care cosmetics has been<br />

rapid <strong>in</strong>creas<strong>in</strong>g <strong>in</strong> Asian countries, especially <strong>in</strong> Ch<strong>in</strong>a.<br />

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QYResearch<br />

• The global car care cosmetics market comprises numerous players offer<strong>in</strong>g broad range of<br />

products. Lots of manufactures offer a wide range of car care cosmetics to fit<br />

aftermarket requirements. The concentr<strong>at</strong>ion of the market is rel<strong>at</strong>ive low, among those<br />

manufacturers, 3M, Ill<strong>in</strong>ois Tool Works, Armored AutoGroup (Spectrum Brands) and Turtle<br />

Wax are the four giant players, together account<strong>in</strong>g for 34% market share <strong>in</strong> terms of<br />

revenue <strong>in</strong> <strong>2017</strong>.<br />

• The <strong>Global</strong> <strong>Car</strong> <strong>Car</strong>e <strong>Cosmetics</strong> <strong>Market</strong> Research Report 2018 report released by<br />

QYResearch provides a basic overview of the <strong>Car</strong> <strong>Car</strong>e <strong>Cosmetics</strong> <strong>in</strong>dustry, <strong>in</strong>clud<strong>in</strong>g<br />

def<strong>in</strong>ition, classific<strong>at</strong>ion, applic<strong>at</strong>ion and <strong>in</strong>dustrial cha<strong>in</strong> structure. Discuss development<br />

policies and plans as well as manufactur<strong>in</strong>g processes and cost structures.<br />

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QYResearch<br />

• The report then focuses on major <strong>in</strong>dustry players <strong>in</strong> <strong>Global</strong>, <strong>in</strong>clud<strong>in</strong>g company profiles,<br />

product images and specific<strong>at</strong>ions, sales, market share, and contact <strong>in</strong>form<strong>at</strong>ion. More<br />

importantly, the <strong>Car</strong> <strong>Car</strong>e <strong>Cosmetics</strong> <strong>in</strong>dustry development trends and market<strong>in</strong>g channels<br />

were analyzed. Provid<strong>in</strong>g the ma<strong>in</strong> st<strong>at</strong>istical d<strong>at</strong>a on the current st<strong>at</strong>us of the <strong>in</strong>dustry is a<br />

valuable guide and direction for companies and <strong>in</strong>dividuals <strong>in</strong>terested <strong>in</strong> the market.<br />

• Click to view the full report:<br />

https://www.qyresearch.com/<strong>in</strong>dex/detail/387286/global-car-carecosmetics-market<br />

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