Indonesia Car Care Products Market In depth Analysis

sameer singh

Car care products keep the car running smoothly despite its age and condition. It is available in various kinds of car care products, including interior-exterior care, paint restoration, wheel care, and many more. The importance of vehicle maintenance has recently increased for several reasons, including better vehicle performance, fewer significant breakdowns, and improved automotive look. As a result, there is a rise in demand for car care products such as wax, car polish, trim cleaners, and tire and rim protectors.

 revenue was around US$ 57.3 million in 2021 and is estimated to reach US$ 73.5 million by 2027, growing at a compound annual growth rate (CAGR) of 4.2% over the projection period from 2022 to 2027.

The sale of used automobiles is on the rise, which is the main driver of the growth of the car care products market. Pre-owned vehicles with one or more previous retail owners are known as used vehicles. The unstructured participants in the used automobile industry, including individuals and other organized businesses like eBay, Alibaba Group, and Sun Toyota, serve the market.

Furthermore, the development of anti-microbial DIY and car care products has given market players several expansion chances. However, dangerous chemicals in car care products restrain market growth since shampoos and foams, traffic film remover, and acid wheel cleaning include potent acids and alkalis that pose a risk to users and can harm a car’s paintwork when used the wrong way.

Due to the COVID-19 pandemic, governments imposed a lockdown in countries. As a result, the auto beauty shops, garages, and service centers closed. Therefore, it affects the consumption of DIFM car care products. But simultaneously, the use of e-commerce platforms by leading players makes the possibility of delivery of car care products during lockdowns. Hence, car owners started taking care of their vehicles with the help of DIY car care products from online platforms. Thus, the demand for DIY products increased during the pandemic. Moreover, COVID-19 also increased the demand for internal hygiene of a vehicle for all passengers. However, this pandemic decreased the overall demand for car care products.

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