China Car Care Products Market Research Report, 2028

China Car Care Products Market Research Report, 2028

Actual Market Research 28-02-2023 62 Pages Figures : 6 Tables : 13 Region : Asia-Pacific Country : China Category : Automotive & Transport Automotive Parts

China is second largest market of car care product after US globally the car care market in China has been experiencing significant growth in recent years due to the increasing number of car owners and the rising demand for car care services. One major trend in the Chinese car care market is the growing popularity of car detailing services. Car detailing is a more comprehensive and specialized form of car washing that involves cleaning and restoring the vehicle's interior and exterior to its original condition. This trend is driven by the increasing number of high-end and luxury car owners in China who demand premium car care services. Another trend is the rise of mobile car care services, which provide on-demand car washing and detailing services at customers' locations. This model has gained popularity due to its convenience and flexibility, especially in large cities where people are often short on time. The expansion of the automotive industry is expected to drive the market. There is a growing trend among car owners in China to use professional car detailing services, which typically involve the use of high-quality car care products. Professional car detailing services can help car owners achieve a more thorough and long-lasting clean for their vehicles, and are becoming increasingly popular in urban areas of China. The industry is expected to expand further as disposable income in country rises, as does consumer awareness of vehicle repair and maintenance. Furthermore, during the forecast period, an increase in the importance of aesthetics in automobiles, particularly private vehicles, is expected to benefit industry dynamics. According to the research report “China Car Care Product Market Research Report, 2028," published by Actual Market Research, the market is expected to add USD 138.46 Million by 2028. The china car care market is segmented into by application type exterior and interior. Currently the market is dominated by interior segment China is one of the largest automotive market in the world, with millions of cars on the road. As more people own cars, there is a growing demand for car care products to maintain and improve the condition of their vehicles, particularly the interiors which are exposed to wear and tear over time due to The COVID-19 pandemic has increased awareness of the importance of hygiene and cleanliness, leading to greater demand for interior car care products such as disinfectants, air purifiers, and upholstery cleaners. During the forecast period it is expected that the interior segment is dominating the market of car care product in China. The China car care market is segmented by distribution channel DIY/ retail stores and DIFM (Do it for me)/ service centers. Currently the market is dominated by DIY/ retail stores due to The DIY culture is gaining popularity among Chinese consumers, who prefer to take a hands-on approach to car maintenance and care. DIY car care products allow consumers to perform basic maintenance and repairs themselves, thereby saving time and money. Major retail chains such as Carrefour and Walmart have expanded their presence in China, offering a wide range of car care products at their brick-and-mortar stores. This has made it easier for consumers to access car care products conveniently. Modern cars are becoming increasingly complex, with advanced electronics, sensors, and other components. This has made it more difficult for consumers to perform basic maintenance and repairs themselves, leading to greater demand for professional car care services. The DIFM/ service center segment is expected to dominate the car care product market in China due to the growing complexity of cars, increasing affluence of consumers, convenience and time savings, and emphasis on quality and reliability. The Chinese government has implemented various rules and regulations to ensure the safety and quality of car care products in the market. These regulations are enforced by the General Administration of Quality Supervision, Inspection, and Quarantine (AQSIQ) and other regulatory bodies. One of the most important regulations is the National Standard for Car Wash Detergents, which sets requirements for the composition, labeling, and testing of car wash detergents used in China. The standard specifies limits for harmful substances such as heavy metals and volatile organic compounds (VOCs) that may be present in car wash detergents. In addition to this, the Chinese government has also implemented regulations for other types of car care products, such as automotive coatings, waxes, and polishes, to ensure that they meet certain safety and environmental standards. Moreover, car care products sold in China must comply with labeling requirements, which include product name, ingredient list, safety warnings, and usage instructions in Chinese language. The car care products market in China faces several restraints related to lack of standardization, price sensitivity, limited distribution channels, lack of consumer trust, and increasing competition. Consumer awareness, market fragmentation, counterfeit products, regulatory compliance, and environmental concerns and some of challenges for car care products market in China. These factors restraints the growth of car care product market in China. Considered in this report • Geography: China • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • China Car Care Products market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Application • Interior • Exterior By Distribution Channel • DIY/Retail stores • DFIM(do it for me) / service centers The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Car Care Products market, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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