Report ID: UCMIR25C2117
Report ID:
UCMIR25C2117 |
Region:
Regional |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The United States car wash services industry, with an estimated market size of $15.21 billion in 2022, is projected to experience a 5.7% compound annual growth rate (CAGR) from 2023 to 2030. This growth is fueled by increasing consumer emphasis on vehicle upkeep and the need to address damage caused by factors like bird droppings, dirt, acid rain, particulate matter, and winter salt deposits. However, the COVID-19 pandemic had a significant impact on the car wash business, leading to a 53% reduction in weekly revenue during the week of March 16, 2020, compared to the previous year.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Automobile Manufacturers by segment aggregation, the contribution of the Automobile Manufacturers in Automobiles & Components and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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REQUEST FREE CUSTOMIZATIONThe market for U.S. Car Wash Services was estimated to be valued at US$ XX Mn in 2021.
The U.S. Car Wash Services Market is estimated to grow at a CAGR of XX% by 2028.
The U.S. Car Wash Services Market is segmented on the basis of Type Outlook, Region/Country.
Based on region, the U.S. Car Wash Services Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
The key players operating in the U.S. Car Wash Services Market are Driven Brands, Inc., Tommy’s Express, Splash Car Wash, Zips Carwash, Autobell Car Wash, Inc., Quick Quack Car Wash, True Blue Car Wash, Magic Hands Car Wash, Wash Depot, SSCW Enterprises (Super Star Car Wash).
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Report ID: UCMIR25C2117