The global Car Wash Services market size is expected to be worth around US$ 47.6 billion by 2030, according to a new report by Vision Research Reports.
The global Car Wash Services market size was valued at US$ 30.8 billion in 2020 and is anticipated to grow at a CAGR of 8.8% during forecast period 2021 to 2030.
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Growth Factors
Growing consumer interest in automobile maintenance is one of the major factors driving the market. The demand for the service has been fueled by an increasing need for convenience and a wider range of budget and luxury options. Furthermore, as environmental restrictions forbidding residential car washing techniques become more stringent, the customer base for professional car washes is expected to rise, fueling demand for the service.
The emergence of COVID-19 had a huge impact on the industry. During the peak of the pandemic, most businesses were closed. New York State authorized car washes to resume in late April, but only under severe conditions that limited the number of personnel allowed on site and prohibited in-person payment. Furthermore, the pandemic ushered in several significant improvements in the industry.
Report Highlights
The roll-over or in-bay facilities segment dominated the market for car wash service and accounted for the largest revenue share 60.3% in 2020. These facilities have lower running expenses than tunnel washes since they use just 10-50 gallons of water each car against 14-60 gallons in a tunnel. This section is the most profitable because it saves the client time and money. Every facility type, on the other hand, is growing because it appeals to a distinct set of clients.
The cashless payment segment is expected to exhibit a CAGR of 6.6% over the forecast period to reach USD 35,721.8 million by 2028. This segment is anticipated to account for a total market share of 82.5% in terms of revenue by 2028. Car wash business owners are increasing their efficiency to boost sales and obtain detailed insights on their clientele by installing an integrated payment solution, or point-of-sale (POS) system, across pay stations.
The cash payment segment accounted for a market share of 40.3% in terms of revenue in 2020. This segment was valued at USD 9,859.9 million in 2020 and is expected to register a CAGR of 5.4% over the forecast period to reach USD 11,873.8 million by 2028. The majority of the self-service car wash stations have coin meters to use the service.
North America dominated the car wash service market and accounted for the largest revenue share of 60.3% in 2020. This development can be attributed to increased consumer spending on comfort and leisure, as well as the widespread use of professional vehicle wash services. More than 72% of drivers in the United States use professional car wash services on a regular basis, with conveyor car wash being the most profitable service.
Key Players
| Report Coverage | Details |
| Market Size | US$ 47.6 billion by 2030 |
| Growth Rate | CAGR of 8.8% From 2021 to 2030 |
| Base Year | 2020 |
| Historic Data | 2017 to 2020 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Type, Mode of payment |
| Regional Scope | North America, Latin America, Europe, Asia Pacific, MEA |
| Companies Mentioned | Splash Car Wash; Zips Car Wash; International Car Wash Group (ICWG); Autobell Car Wash; Quick Quack Car Wash; Super Star Car Wash; True Blue Car Wash, LLC; Magic Hands Car Wash; Hoffman Car Wash; Wash Depot Holdings Inc. |
Market Segmentation
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Car Wash Services Market, By Mode of Payment
7.1. Car Wash Services Market, by Mode of Payment, 2021-2030
7.1.1. Cash Payment
7.1.1.1. Market Revenue and Forecast (2016-2030)
7.1.2. Cashless Payment
7.1.2.1. Market Revenue and Forecast (2016-2030)
Chapter 8. Global Car Wash Services Market, By Type
8.1. Car Wash Services Market, by Type, 2021-2030
8.1.1. Tunnels
8.1.1.1. Market Revenue and Forecast (2016-2030)
8.1.2. Roll-Over/In-Bay
8.1.2.1. Market Revenue and Forecast (2016-2030)
8.1.3. Self-service
8.1.3.1. Market Revenue and Forecast (2016-2030)
Chapter 9. Global Car Wash Services Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue and Forecast, by Mode of Payment (2016-2030)
9.1.2. Market Revenue and Forecast, by Type (2016-2030)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Mode of Payment (2016-2030)
9.1.3.2. Market Revenue and Forecast, by Type (2016-2030)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Mode of Payment (2016-2030)
9.1.4.2. Market Revenue and Forecast, by Type (2016-2030)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Mode of Payment (2016-2030)
9.2.2. Market Revenue and Forecast, by Type (2016-2030)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Mode of Payment (2016-2030)
9.2.3.2. Market Revenue and Forecast, by Type (2016-2030)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Mode of Payment (2016-2030)
9.2.4.2. Market Revenue and Forecast, by Type (2016-2030)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Mode of Payment (2016-2030)
9.2.5.2. Market Revenue and Forecast, by Type (2016-2030)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Mode of Payment (2016-2030)
9.2.6.2. Market Revenue and Forecast, by Type (2016-2030)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Mode of Payment (2016-2030)
9.3.2. Market Revenue and Forecast, by Type (2016-2030)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Mode of Payment (2016-2030)
9.3.3.2. Market Revenue and Forecast, by Type (2016-2030)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Mode of Payment (2016-2030)
9.3.4.2. Market Revenue and Forecast, by Type (2016-2030)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Mode of Payment (2016-2030)
9.3.5.2. Market Revenue and Forecast, by Type (2016-2030)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Mode of Payment (2016-2030)
9.3.6.2. Market Revenue and Forecast, by Type (2016-2030)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Mode of Payment (2016-2030)
9.4.2. Market Revenue and Forecast, by Type (2016-2030)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Mode of Payment (2016-2030)
9.4.3.2. Market Revenue and Forecast, by Type (2016-2030)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Mode of Payment (2016-2030)
9.4.4.2. Market Revenue and Forecast, by Type (2016-2030)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Mode of Payment (2016-2030)
9.4.5.2. Market Revenue and Forecast, by Type (2016-2030)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Mode of Payment (2016-2030)
9.4.6.2. Market Revenue and Forecast, by Type (2016-2030)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Mode of Payment (2016-2030)
9.5.2. Market Revenue and Forecast, by Type (2016-2030)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Mode of Payment (2016-2030)
9.5.3.2. Market Revenue and Forecast, by Type (2016-2030)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Mode of Payment (2016-2030)
9.5.4.2. Market Revenue and Forecast, by Type (2016-2030)
Chapter 10. Company Profiles
10.1. Splash Car Wash
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. Zips Car Wash
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. International Car Wash Group (ICWG)
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. Autobell Car Wash
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Quick Quack Car Wash
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Super Star Car Wash
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. True Blue Car Wash, LLC
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. Magic Hands Car Wash
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. Hoffman Car Wash
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. Wash Depot Holdings Inc.
10.10.1. Company Overview
10.10.2. Product Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives
Chapter 11. Research Methodology
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
Chapter 12. Appendix
12.1. About Us
12.2. Glossary of Terms
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