Dublin, May 10, 2022 (GLOBE NEWSWIRE) — The “Car Wash Services Market Size, Share and Trends Analysis Report by Type (Tunnel, Roll-Over/In-Bay), by Payment Method (Cash, Non-Cash), by Region (North America, APAC), and Segment Forecasts, 2022 -2030” Report has been added ResearchAndMarkets.com Offer.
The global car wash services market size is projected to reach USD 38.61 billion by 2030, growing at a CAGR of 3.1% over the forecast period. Consumer preference for professional car wash services over home washing is increasing as the on-demand car wash trend continues.
A key trend among customers with hectic lifestyles and busy schedules is the shift from do-it-yourself to do-it-for-me. The concept of “always new” appears to have propelled the popularity of wash centers as automated car washes have become the norm for vehicle owners over the past several decades. In the car care industry, new technologies and devices have improved the washing process, gained market share and raised customer expectations.
Additionally, in 2020, the United States Census Bureau estimated that more than 70% of car owners in America began using car washes instead of washing their cars at home in the past decade (2011-2020). It is estimated that almost 8 million vehicles are washed in car washes every day. Additionally, advances in technology are changing the face of on-demand car wash services. The main purpose of improving car wash technology is to reduce friction and manual vehicle preparation time, resulting in cleaner and drier vehicles in less time. Touchless and hybrid car wash are two technologies that are driving the business.
The COVID-19 pandemic has had a tremendous impact on the industry. During the peak of the pandemic, most stores were closed. New York State authorized the resumption of car washes in late April 2021, but only under strict conditions that limited the number of employees allowed on-site and prohibited in-person payment.
In addition, the pandemic led to several significant improvements in the industry. To make it easier for tech-savvy consumers, car washes have started using smartphone apps and online booking systems. Car washes are also increasingly accepting smartphone payments. For some customers, not processing virtual wallet payments in an increasingly cashless environment can be a deal breaker. Car washes that accept more payment methods than a credit card reader attract more customers and grow faster.
Highlights of the Car Wash Services Market report
- Professional car washing is good for the environment as it uses two thirds less water than washing a car at home
- The roll-over/in-bay segment accounted for the largest share in 2021 and is expected to register a steady CAGR during the forecast period. Lower running costs, less installation space, and low water consumption are some of the key drivers that are driving operator demand for in-bay car washes
- Cashless payments segment accounted for the highest share in 2021 and is expected to increase at a significant CAGR over the forecast period
- The market growth is driven by technological advances in the banking industry as well as an increasing number of car wash providers accepting cashless payments
- North America had the largest market share in 2021. The changing business dynamics in the region as well as a variety of strategic alliances among industry competitors are driving the regional market
- For example, International Car Wash Group (ICWG) bought Village Express Car Wash in October 2020. This acquisition positions ICWG for continued growth in the region
Main topics covered:
Chapter 1. Methodology and scope
Chapter 2. Summary
2.1. market prospects
2.2. Payment method Outlook
2.3. Enter Outlook
2.4. Insights into the region
Chapter 3. Car Wash Services Market Variables, Trends and Scope
3.1. launch
3.2. Mapping penetration and growth prospects
3.3. Industry value chain analysis
3.4. market dynamics
3.5. Analysis of the business environment
3.6. Roadmap of Car Wash Services Market
3.7. Market Entry Strategies
3.8. Impact of COVID-19 on the Car Wash Services Market
Chapter 4. Consumer Behavior Analysis
4.1. Demographic Analysis
4.2. Consumer trends and preferences
4.3. Factors influencing the purchasing decision
4.4. Acceptance of Consumer Products
4.5. Observations & Recommendations
Chapter 5. Car Wash Services Market: Type Estimates and Trend Analysis
5.1. Type Movement Analysis and Market Share, 2021 and 2030
5.2. tunnel/conveyor
5.3. Roll Over/In Bay
5.4. self service
Chapter 6. Car Wash Services Market: Payment Mode Estimates and Trend Analysis
6.1. Payment Type Movement Analysis & Market Share, 2021 & 2030
6.2. cash payment
6.3. cashless payment
Chapter 7. Car Wash Services Market: Region Estimates and Trend Analysis
7.1. Analysis of regional movement and market share, 2021 and 2030
7.2. North America
7.3. Europe
7.4. Asia Pacific
7.5. Central and Central America
7.6. Middle East and Africa
Chapter 8. Competitive Analysis
8.1. Key global players, current developments and their impact on the industry
8.2. Categorization of key companies/competitors (key innovators, market leaders, emerging players)
8.3. provider landscape
- Splash car wash
- Zippers for the car wash
- International Car Wash Group (ICWG)
- Autobell car wash
- Quick quack car wash
- Superstar car wash
- True Blue Car Wash, LLC
- Magic Hands car wash
- Hoffman car wash
- Wash Depot Holdings Inc
For more information about this report, see https://www.researchandmarkets.com/r/nh2suv
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