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Car Washing Service Market Size - By Payment, By Type, Analysis Report & Growth Forecast, 2023 - 2032
Report ID: GMI6010
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Published Date: June 2023
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Report Format: PDF
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Authors: Preeti Wadhwani,
Premium Report Details
Base Year: 2022
Companies covered: 15
Tables & Figures: 209
Countries covered: 20
Pages: 350
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Car Washing Service Market
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Car Washing Service Market Size
The global car washing service market size was valued at USD 24 billion in 2022 and is anticipated to expand at 3% CAGR from 2023 to 2032. The demand for car washes is increasing due to their numerous benefits such as time efficiency, improved efficiency, ease of management, and increased safety. Furthermore, technological advancements in car wash technology, such as advanced water recycling systems, hybrid & touch-free washing technology, and cost-cutting innovations, are some of the major factors expected to drive industry growth.
Car washing requires a significant amount of water, and regions facing water scarcity or implementing stringent water conservation regulations may pose challenges to car wash businesses. Restrictions on water usage and high-water costs can limit the operation & profitability of car washing services, especially in drought-prone areas.
Car Washing Service Market Trends
The rising demand for luxury cars and personalized washing & detailing services for these cars is majorly driving the industry developments. Customers are increasingly willing to pay more for high-quality car washing & detailing as these services offer a higher level of vehicle care.
The growing emphasis on preserving the appeal & value of automobiles as well as the rising preference for simple & quick services is fueling the impact of premium services. The demand for mobile car cleaning services is also increasing as they provide the convenience of delivering on-demand services directly to the customer's door, further fueling market growth.
Car Washing Service Market Analysis
The cashless payment segment held 60% of the market in 2022 and will be valued at USD 22.5 billion in 2032. The installation of an integrated payment solution, also known as a Point-Of-Sale (POS) system, across pay stations assists car wash business owners in increasing sales & efficiency, and gaining detailed customer insights. Buyers belonging to the millennial generation are more inclined to make payments via tokens, debit cards, loyalty cards, EMV-enabled credit card payments, or smartphone payments. This factor is further boosting business growth.
The car washing service market from roll-over/in-bay type segment was valued at over USD 11.5 billion in 2022 and is expected to witness 4% growth rate during the forecast period. Roll-over or in-bay facilities have lower operating costs than tunnel washes as they use 10 - 50 gallons per car compared to 14 - 60 gallons in a tunnel wash. This is the most profitable section as it saves both client time & money.
Touchless washes are also available with in-bay automatic systems, which use high-pressure water to clean the vehicle and soft-cloth brushes to clean & distribute the detergent & shine on the vehicle before it is rinsed off.
North America car washing service industry held a significant global share of 35% in 2022 and will is estimated to amass USD 12.5 billion in 2032. The U.S. industry is expected to grow significantly during the forecast period due to the increased demand for car washing & detailing facilities. Around 66% of Americans have their cars washed 13 times a year, i.e., an average number of one to two washes per month.
Furthermore, the American government is launching several initiatives to promote environmental-friendly car wash practices, which is expected to drive business statistics. The demand for ceramic coating and car cleaning is increasing in the U.S., which will lead to new opportunities for car wash service providers.
Car Washing Service Market Share
Some of the major players operating in the car washing service industry are:
These players focus on strategic partnerships and new product launches & commercialize for market expansion. Furthermore, they are heavily investing in R&D to introduce innovative products and garner maximum revenue in the market.
Car Washing Service Industry News
The market research report of car washing service includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2018 to 2032, for the following segments:
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Market, By Payment
Market, By Type
The above information is provided for the following regions and countries: