The global car scratch remover market size was valued at US$ 1.9 Bn in 2023 and is expected to reach US$ 3.2 Bn by 2030, growing at a compound annual growth rate (CAGR) of 7.7% from 2023 to 2030. The growth in the car scratch remover market is attributed to factors such as the increasing demand for car care products, rising consumer awareness about the importance of vehicle maintenance, and the growing popularity of do-it-yourself (DIY) car maintenance solutions.
Car Scratch Remover Market Regional Insights
Figure 1. Global Car Scratch Remover Market Share (%), by Region, 2023
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Analyst Viewpoint: The car scratch remover market has strong growth potential over the coming years. Rising vehicle ownership levels globally will drive higher demand for products that help maintain a car's aesthetic appearance. Furthermore, improvements in scratch removal technologies mean such products are more effective at removing even deep scratches without harming the car's original paintwork. This increasing effectiveness is an opportunity for companies to launch premium scratch remover brands that can command higher prices.
Car Scratch Remover Market Drivers:
According to Invest India, in 2022, in the Indian automotive sector, two-wheelers constituted a significant 76% of the market share, while passenger cars held a share of 17.4%. Within the passenger car segment, small and midsized cars notably dominated sales.
According to the OECD (Organization for Economic Cooperation and Development), in 2022, per capita household disposable income in the U.K. Experienced a nominal growth of 9.0% from Q4 2019 to Q3 2022. This surpasses the growth rate in Italy, which stood at 7.9%, and is marginally lower than that of France, recorded at 9.9%
Car Scratch Remover Market Opportunities:
According to a 2022 by the United Nations Environment Programme, over 70% of global citizens want companies to offer more sustainable alternatives. Developing eco-friendly car scratch removers could tap into this growing demand for greener products.
As per U.S. Census data, in 2021 there were 276.8 million registered passenger vehicles in the country, up 4.4% from 2020.
Car Scratch Remover Market Report Coverage
Report Coverage | Details | ||
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Base Year: | 2022 | Market Size in 2023: | US$ 1.9 Bn |
Historical Data for: | 2017 to 2021 | Forecast Period: | 2023 - 2030 |
Forecast Period 2023 to 2030 CAGR: | 7.7% | 2030 Value Projection: | US$ 3.2 Bn |
Geographies covered: |
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Segments covered: |
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Companies covered: |
3M Company, Turtle Wax, Inc., Meguiar's, Inc., Simoniz USA, Inc., WD-40 Company, Quixx GmbH, Langka Corporation, Scholl Concepts GmbH, Würth Group, BARDAHL Manufacturing Corporation, Gtechniq Ltd., Mothers Polishes, Waxes and Cleaners, SONAX GmbH, Chemical Guys, Surf City Garage |
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Growth Drivers: |
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Restraints & Challenges: |
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Car Scratch Remover Market Trends:
According to United Nations Conference on Trade and Development (UNCTAD) estimates, global e-commerce sales grew 27% in 2022 to reach US$26.7 trillion, with online retail accounting for about 20% of total global retail sales.
Car Scratch Remover Market Restraints:
Counterbalance: Car scratch removers are a popular product in the automotive care market. For deep scratches, consumers may need to seek professional help. Auto body shops and detailing services can often repair deep scratches, although this can be more expensive than using a scratch remover product.
Counterbalance: Companies can differentiate their products by offering unique features or benefits that are not available with alternative solutions. This could include a faster application process, longer-lasting results, or the ability to treat a wider range of scratches.
Recent Developments
In March 2023, Turtle Wax, a renowned brand in car care and a prominent leader in the overall car care category, launched a new and innovative product line called Streak-Free Mist, perfectly timed for National Car Care Month in April. Consisting of five interior and exterior products, this line provides consumers with a convenient, efficient, and straightforward solution for auto detailing. The products are exclusively available at Walmart U.S. and Walmart.com.
In February 2023, 3M, has introduced a groundbreaking medical adhesive designed to adhere to the skin for an extended period of up to 28 days. This innovation caters to various health monitors, sensors, and long-term medical wearables. Before 2022, extended medical adhesives typically lasted up to 14 days. 3M has now doubled that duration, aiming to provide a more patient-centered approach to healthcare.
Key Strategic Initiatives
Top companies in Car Scratch Remover Market
Figure 2. Global Car Scratch Remover Market Share (%), By Type, 2023
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Definition: Car scratch removers are products or tools designed to reduce or remove the appearance of scratches on the exterior paint of a car. They typically contain abrasive particles or chemicals that are applied to the scratch to gently smooth out its edges and blend it with the surrounding paint. Car scratch removers are suitable for addressing minor surface scratches and scuffs, providing a cost-effective solution for improving the appearance of a car's paintwork.
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About Author
Gautam Mahajan is a Research Consultant with 5+ years of experience in market research and consulting. He excels in analyzing market engineering, market trends, competitive landscapes, and technological developments. He specializes in both primary and secondary research, as well as strategic consulting across diverse sectors.
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