Future Of Car Wash Service Market With CAGR Growth Forecast Till 2025 |Grand View Research, Inc.
The global carwash service market size is expected to reach USD 41.1 billion by 2025, according to a new report by Grand View Research, Inc., registering a 3.2% CAGR over the forecast period. Growing trend of vehicle maintenance in order to boost its resale value is expected to boost the demand for car wash services in the coming years. Harmful chemicals that accumulate on the vehicle over time can cause the metal to corrode. These deposits are difficult to remove by merely cleaning with a sponge or brush. Moreover, these household cleaning products could result in scratches on the surface of the vehicle, further damaging the vehicle’s exterior. As a result, consumers prefer and trust professional car wash services. In addition, the hassle of self-cleaning is avoided thanks to such amenities. As per International Carwash Association (ICA), there has been a steady decline in home vehicle washes in the past 18 years. In 1996, 47.6% consumers preferred washing their vehicles