CAR SCRATCH REMOVER MARKET ANALYSIS

Market News

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

• In 2020, Meguiar's announced a partnership with Adam's Polishes, a leading provider of premium car care products. The partnership aimed to offer a wider range of car care solutions to customers and expand the market reach of both companies.
• In 2021, 3M announced a partnership with Hyundai Motor America, a leading provider of automobiles. The partnership aimed to offer innovative car care solutions to Hyundai customers and enhance the customer experience.
• In 2021, Carfidant, a lending manufacturing company, announced a partnership with Advanced Auto Parts, a leading provider of automotive parts and accessories. The partnership aimed to offer Carfidant's innovative car care solutions to Advanced Auto Parts customers and expand the market reach of both companies.