PUBLISHER: The Business Research Company | PRODUCT CODE: 1539642
PUBLISHER: The Business Research Company | PRODUCT CODE: 1539642
Car washing involves the process of cleaning both the exterior and, occasionally, the interior of motor vehicles, employing diverse techniques and equipment to uphold the vehicle's appearance and condition. This service can either be performed manually or automated, with automated systems employing machines to efficiently clean the vehicle. Regular car washes are crucial for maintaining the vehicle's appearance and safeguarding its paint and finish against damage caused by dirt, grime, and environmental elements.
The primary types of car washes include roll-over or in-bay systems, tunnels, and self-service setups. Roll-over or in-bay car washes are automated systems where the vehicle remains stationary while cleaning equipment moves over it. These systems incorporate various components such as drivers, motors, foam systems, dryers, and pumps, and offer multiple processes including cloth friction and touchless washing techniques.
The car wash market research report is one of a series of new reports from The Business Research Company that provides car wash market statistics, including the car wash industry global market size, regional shares, competitors with car wash market share, detailed car wash market segments, market trends, and opportunities, and any further data you may need to thrive in the car wash industry. These car wash market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The car wash market size has grown strongly in recent years. It will grow from $31.76 billion in 2023 to $33.46 billion in 2024 at a compound annual growth rate (CAGR) of 5.4%. The growth during the historical period can be credited to the rise in discretionary income, increased awareness of vehicle maintenance and care, which acted as a significant catalyst boosting demand for professional services in the car wash industry. Furthermore, advancements in AI and automation also contributed to this growth.
The car wash market size is expected to see strong growth in the next few years. It will grow to $41.46 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%. The growth expected in the forecast period can be attributed to the rising demand for car wash services due to their numerous benefits, growing consumer preference for professional car wash services, the introduction of new car wash services, and a heightened focus on enhancing vehicle aesthetics with environmentally-friendly wash systems. Key trends in this period include advancements in technology, eco-friendly innovations, diversified service offerings via digital platforms, improvements in customer experiences through digitalization, and revenue enhancement through value-added services.
The growth of the car wash market is driven by the increasing number of vehicles, spurred by population growth, economic improvements, and urbanization, which heighten demand for personal and commercial transportation solutions. Car wash services play a crucial role in maintaining vehicles by safeguarding their exterior and interior surfaces and enhancing their overall appearance. Notably, as of December 2023, the U.S. Environmental Protection Agency reported a notable increase in the production share of electric vehicles (EVs), plug-in hybrid vehicles (PHEVs), and fuel cell electric vehicles (FCVs), rising from 4% in 2021 to 7% in 2022 and reaching 12% by 2023. This trend underscores how the growing vehicle population drives the expansion of the car wash market.
Key players in the car wash industry are innovating with technologies such as RO Flow On Demand to improve water efficiency and deliver superior cleaning outcomes. RO Flow On Demand technology optimizes reverse osmosis (RO) water usage, minimizing wastage while maintaining high cleaning standards, thereby supporting sustainable and environmentally friendly car wash operations. For instance, innovateIT, a U.S.-based car wash equipment company, introduced InnovateIT RO in 2022. This system utilizes a specialized Grundfos pump and RO Flow On Demand technology to efficiently produce high-quality, spot-free water for car washes. The 'Flow on Demand' algorithm of InnovateIT's RO system adjusts the reverse osmosis production rate according to the specific demands of the car wash tunnel, ensuring responsible resource consumption and sustainable water management practices.
In August 2022, Mister Car Wash Inc., a US-based provider of car cleaning and detailing services, acquired three car wash locations from Top Wash in Minnesota for an undisclosed sum. This acquisition strengthens Mister Car Wash's footprint in the northern suburbs of Minneapolis, specifically through the addition of express exterior locations in Anoka, Fridley, and Champlin. Top Wash, also based in the US, specializes in offering premium car wash and detailing services.
Major companies operating in the car wash market are Daifuku Co. Ltd., Driven Brands Holdings Inc., WashTec AG, Zips Car Wash, National Carwash Solutions, Magic Hand Carwash Franchisor Pty Ltd., Mammoth Holdings LLC, Autobell Car Wash Inc., Splash Car Wash Inc., Mike's Carwash Inc., ScrubaDub Auto Wash Centers Inc., Wash Depot Holdings Inc., Hoffman Car Wash Inc., True Blue Car Wash LLC, Super Star Car Wash, Tommys Express LLC, Club Car Wash, D&S Car Wash Equipment Company, Prime Car Wash LLC, International Car Wash Group Limited, GO Car Wash Management Corp., SuperiorWash Inc., Quick Quack Car Wash Holdings LLC, Wahworld Inc., The London Carwash Company
North America was the largest region in the car wash market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the car wash market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the car wash market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The car wash market consists of revenues earned by entities by providing services such as automated car washes, full-service car washes, and specialized detailing services. The market value includes the value of related goods sold by the service provider or included within the service offering. The car wash market also includes sales of pressure washers, brushes and rollers, and conveyor systems. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Car Wash Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on car wash market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for car wash ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The car wash market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.