Car Wash Services Market Growth & Trends
The global car wash services market size is anticipated to reach USD 38.61 billion by 2030, registering a CAGR of 3.1% over the forecast period, according to a new report by Grand View Research, Inc. Consumer preference for professional vehicle wash services over home washing is growing 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 “all-new, all the time” appears to have driven wash centers’ popularity as automated car washing has become the norm for vehicle owners during the last few decades. In the automobile care industry, new technologies and equipment have improved the wash process, gained market share, and raised client expectations.
In addition, the United States Census Bureau in 2020 estimated that more than 70% of automobile owners in America started using car wash facilities instead of washing their cars at home in the last decade (2011 -2020). Every day, nearly 8 million vehicles are washed in car washes, according to the estimates. Furthermore, technological advancements are transforming the face of on-demand vehicle wash services. The main purpose of improving car wash technology is to reduce friction and manual vehicle preparation time, resulting in cleaner, drier vehicles in less time. Touchless and hybrid car washing are two technologies that are moving the business forward.
The COVID-19 pandemic had a huge impact on the industry. During the peak of the pandemic, most businesses were closed. New York State authorized car washes to resume in late April 2021, but only under severe conditions that limited the number of personnel allowed on site and prohibited in-person payment. Furthermore, the pandemic ushered in several significant improvements in the industry. To make it easier for tech-savvy consumers, car washes have begun to use smartphone apps and online booking systems. Car washes are beginning to take smartphone payments as well. For some clients, not processing virtual wallet payments can be a deal-breaker in an increasingly cashless environment. Car washes that accept more payment methods than a credit card reader attract more clients and grow more quickly.
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Car Wash Services Market Report Highlights
Professional vehicle washing services are good for the environment as they use two-thirds less water than home car washes
The roll-over/in-bay segment accounted for the largest share in 2021 and is expected to register a steady CAGR over the forecast period. Less operating costs, less installation area, and low water use are a few of the primary drivers boosting the operator demand for in-bay car washes
The cashless payment segment accounted for the highest share in 2021 and is estimated to ascend with a significant CAGR over the forecast period
The market growth is fueled by technological advancements in the banking industry, as well as a rise in the number of car wash providers that accept cashless payments
North America had the largest market share in 2021. The changing business dynamics in the region, as well as a huge number of strategic alliances between industry competitors, are driving the regional market
For example, the International Car Wash Group (ICWG) purchased Village Express Car Wash in October 2020. Through this acquisition, ICWG positioned itself for additional growth in the region
Access Press Release@ https://www.grandviewresearch.com/press-release/global-car-wash-services-market
Car Wash Services Market Segmentation
Grand View Research has segmented the global car wash services market on the basis of type, mode of payment, and region:
Car Wash Services Type Outlook (Volume, Billion Transaction; Revenue, USD Billion, 2017 - 2030)
Tunnels
Roll-over/In-bay
Self-service
Car Wash Services Mode of Payment Outlook (Volume, Billion Transaction; Revenue, USD Billion, 2017 - 2030)
Cash Payment
Cashless Payment
Car Wash Services Regional Outlook (Volume, Billion Transaction; Revenue, USD Billion, 2017 - 2030)
North America
U.S.
Europe
Germany
U.K.
Asia Pacific
Australia
China
Central & South America
Brazil
Middle East & Africa
UAE
List of Key Players of Car Wash Services Market
Splash Car Wash
Zips Car Wash
International Car Wash Group (ICWG)
Autobell Car Wash
Quick Quack Car Wash
Super Star Car Wash
True Blue Car Wash, LLC
Magic Hands Car Wash
Hoffman Car Wash
Wash Depot Holdings Inc.
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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