Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by Infinium Global Research on car wash services market provides in-depth analysis of segments and sub-segments in the gcc as well as regional car wash services market. The study also highlights the impact of drivers, restraints, and macro indicators on the gcc and regional car wash services market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of gcc car wash services market.
Car washing plays a crucial role in preventive maintenance for vehicles. Car wash services are offered to cleanse both the interiors and exteriors of cars, which provide convenience and efficiency in cleaning. Maintaining a clean exterior is vital in preventing rust, and oxidation, and minimizing the occurrence of minor scratches. The automotive industry is witnessing a shift towards fully automated car washes, integrating phases like shampooing, rinsing, washing, and drying. This trend reflects a growing awareness of the multiple advantages of regular car washing. A comprehensive car wash encompasses meticulous cleaning for both the interior and exterior of the vehicle. This detailed process harmonizes efficiency and value for customers. Its positive impact on resale value underscores the emphasis on car cleanliness. A well-maintained vehicle with an appealing appearance can command a higher resale value compared to one with sound mechanics but a poor appearance. Furthermore, a clean vehicle maintains its paint quality over time, necessitating fewer costly repairs than a vehicle with faded and thin paint due to oxidation. In addition, the car wash service sector benefits from technological innovations such as hybrid and touch-free washing methods, as well as advanced water recycling systems. These advancements not only enhance the convenience of car washing but also promote environmental sustainability and improve overall effectiveness.
Saudi Arabia is showing promising growth potential for the car wash service market, due to increasing ownership of electric and non-electric vehicles. According to the International Tread Administration, Saudi Arabia accounted for almost 52% of the vehicles sold in the Gulf Cooperation Council (GCC) region in 2020. The total vehicles sold in Saudi Arabia in 2019 and 2020 were 556,000 and 436,000, respectively. Moreover, the government's Vision 2030 initiative aims to reduce the reliance of the country on oil revenue by developing various sectors such as tourism, entertainment, technology, healthcare, and many more. These efforts have led to increased business activity, job creation, and opportunities for entrepreneurship. The overall growth of several sectors across the country is contributing to the increasing disposable income in Saudi Arabia. With growing disposable income levels, more individuals and families in Saudi Arabia have the financial means to afford the convenience of car wash services. As people prioritize saving time and effort, they are more inclined to adopt car wash services. Furthermore, the technological advancements in the car wash service industry, such as hybrid & touch-free washing technology, and advanced water recycling systems may create lucrative growth opportunities for the market in the coming years.
Based on the regional analysis Saudi Arabia is expected to grow at the fastest rate during the forecast period of 2023-2030. The Saudi Arabia car wash market is primarily driven by the rising number of cars on the road. As the population grows and incomes rise, more individuals and families are purchasing cars. According to the International Organization of Motor Vehicle Manufacturers (OICA) data, the passenger car sales in Saudi Arabia in 2022 were 519,485 with a growth rate of 9.2% compared to last year. This growing car ownership leads to a higher demand for car maintenance services, including car washing. In addition, the rapid urbanization and development of infrastructure in Saudi Arabia have led to a greater need for car washing services. Urban areas often have stricter cleanliness standards, and residents tend to prioritize the appearance and maintenance of their vehicles. For instance, in September 2020, according to the Saudi Gazette, the authorities of Makkah decided to impose a fine of 1000 Saudi Riyal on car owners who wash their cars on the streets. The holy city’s municipal authority plans campaigns to arrest the workers washing cars in parking areas, streets, and in front of houses as a violation of residency and labor regulations. These strict government regulations are driving the demand for car wash services in Saudi Arabia.
| Report Coverage | Details |
|---|---|
| Market Size in 2022 | USD 1,133.35 Million |
| Market Size by 2030 | USD 1,838.35 Million |
| Growth Rate from 2023 to 2030 | CAGR of 6.27% |
| Largest Market | Saudi Arabia |
| No. of Pages | 100 |
| Market Drivers |
|
| Market Segmentation | By Type, By Component, By Service Type, By Category, By Vehicle Type, and By Mode of Payment |
| Regional Scope | Saudi Arabia, UAE, Kuwait, and Rest of GCC |
The report on GCC car wash services market covers segments such as type, component, service type, category, vehicle type, and mode of payment. On the basis of type, the sub-markets include interior, and exterior. On the basis of component, the sub-markets include drives, motors, pumps, dryers, foamer systems, and others. On the basis of service type, the sub-markets include on-site, and portable. On the basis of category, the sub-markets include automatic washing, and manual washing. On the basis of vehicle type, the sub-markets include passenger vehicles, and commercial vehicles. On the basis of mode of payment, the sub-markets include online, and offline.
The report provides profiles of the companies in the market such as Aldrees, SASCO, Petromin, Mr. Shiny, Total Energies, B,RIGHT, Xtra Clean Auto Car Wash, THE BEST CARWASH, Caroosh Auto Car Wash, EcoClean Automatic Car Wash, Ghaseel, Ezhalha, Eco Clean, Sparkle Your car, and Dari.
The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the car wash services market. Moreover, the study highlights current market trends and provides forecasts from 2023-2030. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
Please Choose One of them.
