India Car Care Products Market Forecast to 2028 - COVID-19 Impact and Country Analysis By Products (Cleaning Products, Polishing and Waxing Products, Fresheners, and Others), Application (Interior, Exterior), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)

TIPRE00028973 | Pages: 98 | Consumer Goods | May 2022 | Type: Regional | Status: Published

The India car care products market is expected to grow from US$ 74.9 million in 2022 to US$ 132.7 million by 2028. It is estimated to reach a CAGR of 10.7% from 2021 to 2028.

Distribution in the e-commerce model is expected to expand profitability as internet use around the country increases. Advantages, such as easy accessibility and numerous choices through online platforms, are expected to promote car care products. Over the prevision era, a substantial growth rate is projected to occur on the e-commerce platform due to the growing value of online marketing tools and the prevalence of social media applications, including Facebook and Google advertising. The increasing expansion of smartphone use and consumer electronics has created a real flash for e-commerce distribution channels in recent years. Using these social media platforms has facilitated the advertising of brand products and offers, leading to market growth of car care products. Manufacturers offer consumers a range of product lines to match their needs, leading to repeated purchases of goods and significantly influencing the growth of car care products.

Market Insights

Growth of E-Commerce Distribution Channel

The popularity of the online sales of car care products has seen significant growth in recent years. The e-commerce retail sales have been fueled by covid-19. With rising per capita income, inclination toward a better standard of living is influencing the scope of online shopping, which is playing a major role in developing e-commerce platforms, such as Amazon, Flipkart, and many more. Mobile adaptability, the convenience of availing services and offers at the convenience of the personal phone or tablet has aided the growth of the e-commerce channel. In addition to this, the integration of advanced technologies, such as AI in e-commerce platforms, is offering ample growth opportunities to the players operating in this market.

Furthermore, distribution of products through the e-commerce model can help increase reach and profitability with the expanding internet user base in India. Advantages, such as easy accessibility and numerous choices through online platforms, are promoting car care products.

The surging value of online marketing tools and the prevalence of social media applications, including Facebook and Google advertising, are supporting the India car care products market significantly. The increasing expansion of smartphone use and consumer electronics has boosted the growth of e-commerce distribution channels in recent years. These social media platforms have facilitated the advertising of brand’s products and offers, leading to remarkable market growth. Manufacturers give consumers a range of product lines to match their needs, leading to repeated purchases of goods, significantly influencing the car care products' demand.

Products Insights

Based on products, the car care products market is bifurcated into cleaning products, polishing and waxing products, fresheners, and others. In 2020, the fresheners segment reported the fastest growth. A car air freshener is a small gadget intended to remove unpleasant odors from the car and make the environment more pleasant for the driver and passengers. These are readily available in various fragrances and shapes. Manufacturers offer different fragrances, such as sandalwood, jasmine, rose, and lavender.

Car air freshener uptake has expanded over the years with the introduction of a range of products, such as vents & clips, sprays, blocks, gels, hanging cardboard, and paper car air fresheners. Manufacturers continuously innovate advanced products, such as twist gel technology and automatic air fresheners. These products are getting the attention of customers and helping the market expand.

India Car Care Products Market Share, by Application – 2021–2028

India Car Care Products Market Share, by Application – 2021–2028

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Strategic Insights

3M; Shell plc; Miracle; Auto Bros; Pidilite Industries Limited; Twin Tech India Pvt Ltd.; Clensta International; Wavex; and Kangaroo Auto Care are the key players operating in the car care products market. The leading players adopt several strategies, such as mergers & acquisitions and product launches, to expand their geographic presence and consumer base.

Report Spotlights

  • Progressive trends in the car care products industry to help players develop effective long-term strategies
  • Business growth strategies adopted by companies to secure growth in developed and developing markets
  • Quantitative analysis of the India car care products market from 2019 to 2028
  • Estimation of the demand for car care products across various industries
  • Porters analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict the market growth
  • Recent developments to understand the competitive market scenario and the demand for the car care products  
  • Market trends and outlook coupled with factors driving and restraining the growth of the India car care products market
  • Understanding the strategies that underpin commercial interest with regard to the India car care products market, aiding in the decision-making process
  • India car care products market size at various nodes of market
  • Detailed overview and segmentation of the India car care products market and its industry dynamics
  • India car care products market size in various regions with promising growth opportunities

The "India Car Care Products Market Analysis to 2028" is a specialized and in-depth study of the chemicals & materials industry, focusing on the India car care products market analysis. The report aims to provide an overview of the market with detailed market segmentation. The market is analyzed on the basis of products, application, and distribution channels. Based on products, the market is bifurcated into cleaning products, polishing and waxing products, fresheners, and others. Based on application, the market is segmented into interior and exterior. Based on distribution channel, the market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others.

Company Profiles

  • 3M
  • Shell plc
  • Miracle
  • Auto Bros
  • Pidilite Industries Limited
  • Twin Tech India Pvt Ltd.
  • Clensta International
  • Wavex
  • Kangaroo Auto Care

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.        Research Methodology

3.1         Scope of the Study

3.2         Research Methodology

3.2.1        Data Collection

3.2.2        Primary Interviews

3.2.3        Hypothesis Formulation

3.2.4        Macro-economic Factor Analysis

3.2.5        Developing Base Number

3.2.6        Data Triangulation

3.2.7        Country-Level Data

3.2.8        Limitations and Assumptions

4.           India Car Care Products Market Landscape

4.1         Market Overview

4.2         PEST Analysis

4.3         Expert Opinions

4.4         List of Distributors

5.           India Car Care Products Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Increasing Customer Inclination Toward Car Care

5.1.2        Growth of E-Commerce Distribution Channel

5.2         Market Restraints

5.2.1        Increasing Utilization of Commercial Car Care Services

5.3         Market Opportunities

5.3.1        Increasing Sales of Passenger Vehicles in India

5.4         Future Trends

5.4.1        Product Innovation

5.5         Impact Analysis of Drivers and Restraints

6.           India Car Care Products Market– Analysis

6.1         India Market Overview

6.2         India Car Care Products Market –Revenue and Forecast To 2028 (US$ Million)

6.3         Competitive Positioning: Key Market Players

7.           India Car Care Products Market Analysis – by Products

7.1         Overview

7.2         India Car Care Products Market, by Products (2021 and 2028)

7.3         Cleaning Products

7.3.1        Overview

7.3.2        Cleaning Products: Car Care Products Market – Revenue and Forecast to 2028 (US$ Million)

7.4         Polishing and Waxing Products

7.4.1        Overview

7.4.2        Polishing and Waxing Products: Car Care Products Market – Revenue and Forecast to 2028 (US$ Million)

7.5         Fresheners

7.5.1        Overview

7.5.2        Fresheners: Car Care Products Market – Revenue and Forecast to 2028 (US$ Million)

7.6         Others

7.6.1        Overview

7.6.2        Others: Car Care Products Market – Revenue and Forecast to 2028 (US$ Million)

8.           India Car Care Products Market Analysis – by Application

8.1         Overview

8.2         India Car Care Products Market, by Application (2021 and 2028)

8.3         Interior

8.3.1        Overview

8.3.2        Interior: Car Care Products Market – Revenue and Forecast to 2028 (US$ Million)

8.4         Exterior

8.4.1        Overview

8.4.2        Exterior: Car Care Products Market – Revenue and Forecast To 2028 (US$ Million)

9.           India Car Care Products Market Analysis – by Distribution Channel

9.1         Overview

9.2         India Car Care Products Market, by Distribution Channel (2021 and 2028)

9.3         Supermarkets and Hypermarkets

9.3.1        Overview

9.3.2        Interior: Car Care Products Market – Revenue and Forecast to 2028 (US$ Million)

9.4         Specialty Stores

9.4.1        Overview

9.4.2        Specialty Stores: Car Care Products Market – Revenue and Forecast To 2028 (US$ Million)

9.5         Online Retail

9.5.1        Overview

9.5.2        Online Retail: Car Care Products Market – Revenue and Forecast To 2028 (US$ Million)

9.6         Others

9.6.1        Overview

9.6.2        Others: Car Care Products Market – Revenue and Forecast To 2028 (US$ Million)

10.        Impact of COVID-19 Pandemic on India Car Care Products Market

10.1      Overview

10.2      Impact of COVID-19 on Car Care Products Market

10.3      India: Impact Assessment of COVID-19 Pandemic

11.        Company Profiles

11.1      3M

11.1.1     Key Facts

11.1.2     Business Description

11.1.3     Products and Services

11.1.4     Financial Overview

11.1.5     SWOT Analysis

11.1.6     Key Developments

11.2      Shell Plc

11.2.1     Key Facts

11.2.2     Business Description

11.2.3     Products and Services

11.2.4     Financial Overview

11.2.5     SWOT Analysis

11.2.6     Key Developments

11.3      Miracle

11.3.1     Key Facts

11.3.2     Business Description

11.3.3     Products and Services

11.3.4     Financial Overview

11.3.5     SWOT Analysis

11.3.6     Key Developments

11.4      Auto Bros

11.4.1     Key Facts

11.4.2     Business Description

11.4.3     Products and Services

11.4.4     Financial Overview

11.4.5     SWOT Analysis

11.4.6     Key Developments

11.5      Pidilite Industries Limited

11.5.1     Key Facts

11.5.2     Business Description

11.5.3     Products and Services

11.5.4     Financial Overview

11.5.5     SWOT Analysis

11.5.6     Key Developments

11.6      Twin Tech India Pvt. Ltd.

11.6.1     Key Facts

11.6.2     Business Description

11.6.3     Products and Services

11.6.4     Financial Overview

11.6.5     SWOT Analysis

11.6.6     Key Developments

11.7      Clensta International

11.7.1     Key Facts

11.7.2     Business Description

11.7.3     Products and Services

11.7.4     Financial Overview

11.7.5     SWOT Analysis

11.7.6     Key Developments

11.8      Green Duck Industries

11.8.1     Key Facts

11.8.2     Business Description

11.8.3     Products and Services

11.8.4     Financial Overview

11.8.5     SWOT Analysis

11.8.6     Key Developments

11.9      Wavex

11.9.1     Key Facts

11.9.2     Business Description

11.9.3     Products and Services

11.9.4     Financial Overview

11.9.5     SWOT Analysis

11.9.6     Key Developments

11.10   Kangaroo Auto Care

11.10.1  Key Facts

11.10.2  Business Description

11.10.3  Products and Services

11.10.4  Financial Overview

11.10.5  SWOT Analysis

11.10.6  Key Developments

12.        Appendix


LIST OF TABLES

Table 1.             India Car Care Products Market –Revenue and Forecast To 2028 (US$ Million)

Table 2.             List of Abbreviation

 


LIST OF FIGURES

Figure 1.           India Car Care Products Market Segmentation

Figure 2.           India Car Care Products Market Overview

Figure 3.           India Car Care Products Market, By Application

Figure 4.           India Car Care Products Market, Key Market Players

Figure 5.           PEST Analysis

Figure 6.           Expert Opinions

Figure 7.           India Car Care Products Market Impact Analysis of Drivers and Restraints

Figure 8.           India: Car Care Products Market – Revenue and Forecast To 2028 (US$ Million)

Figure 9.           India Car Care Products Market Revenue Share, by Products (2021 and 2028)

Figure 10.        Cleaning Products: Car Care Products Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11.        Polishing and waxing products: Car Care Products Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12.        Fresheners: Car Care Products Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13.        Others: Car Care Products Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14.        India Car Care Products Market Revenue Share, by Application (2021 and 2028)

Figure 15.        Interior: Car Care Products Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16.        Exterior: Car Care Products Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17.        India Car Care Products Market Revenue Share, by Distribution Channel (2021 and 2028)

Figure 18.        Supermarkets and Hypermarkets: Car Care Products Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19.        Specialty Stores: Car Care Products Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.        Online Retail: Car Care Products Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21.        Others: Car Care Products Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22.        Impact of COVID-19 Pandemic in India

  1. 3M
  2. Shell plc
  3. Miracle
  4. Auto Bros
  5. Pidilite Industries Limited
  6. Twin Tech India Pvt. Ltd.
  7. Clensta International
  8. Green Duck Industries
  9. Wavex
  10. Kangaroo Auto Care
  • Highlights key business priorities to assist companies realign their business strategies.
  • Features key findings and crucial progressive industry trends in the India car care products market, thereby allowing players to develop effective long-term strategies.
  • Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.
  • Scrutinizes in-depth market trends as well as key market drivers and restraints.
  • Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
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