24/7 Customer Support

Indonesia Car Care Products Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2027

Indonesia Car Care Products Market- (By Product- Car Wash Solution/Liquids, Car Wax & Polish, Sprays, Glass Cleaner, Microfiber Cloth and Others; By Applications- Interior and exterior; By Packaging Volume- Less than 250 ml, 251 - 500 ml, 501 - 999 ml, 1 L - 5 L, above 5 L and Others; By Retail Channel- Online and Offline; and By Country) - Industry Dynamics, Market Size and Opportunity Forecast, 2027

  • Published On: 22-Apr-2022  |  Format: pdfpowerpointexcel  |  Report ID: AA0422207
    Delivery: 2 to 4 Hours

FREQUENTLY ASKED QUESTIONS

Car care products are essential at a point to keep the car running smoothly despite its age and condition. Car care products are basically high performing chemicals used to enhance the car brightness, lustre and durability. 

There is a rise in the demand for car care products such as car polish and wax, trim cleaners and tire and rim protectors throughout the world as car care products assist in preserving the interiors of a used car, cleaning the outer body, extending the life of a vehicle and adding value to a used car. 

Interior segment is the leading application type in the car care products market.

The Indonesia car care products market is studied from 2017-2027. 

The different segmentations of the Indonesia car care products market are product, application, packaging volume, retail channel and country. 

Development of anti-microbial car care and DIY products has provided a lucrative growth opportunity in the Indonesia car care products market.

The growth rate of the Indonesia car care products market is 4.2%, with an estimated value of US$ 73.5 Million by 2027. 

Factors such as increase in sale of used cars and rising awareness regarding the vehicle maintenance drives the growth in the Indonesia car care products market during the forecast period. 

Usage of hazardous chemicals in car care products is a restraining factor which inhibits the growth of the market during the forecast period.

The interior segment is anticipated to grow at the highest CAGR during the forecast period. 

The outbreak of COVID-19 resulted in disruptions in the supply chain and production of new cars. It also negatively affected the purchasing power of a large section of customers wanting to buy a new car, which increased demand for used cars across the world.

Manufacturers are focusing on developing ecofriendly and non-toxic car care products to gain the market share as well as reducing the prices of bio-based products which will boost the growth of the market.

The key players operating in the market include 3M Company, Armor All, Autoglym, BULLSONE Co. Ltd, Cartec B.V., Chemical Guys, Illinois Tool Works, Jopasu India Pvt. Ltd., LIQUI MOLY GmbH, Simoniz USA Inc, SOFT99 Corporation, Sonax GmbH, Tetrosyl Ltd., Turtle Wax and WAVEX among others. 

{