According to the recent research report titled ‘Europe Car Care Products Market Forecast 2027 By Distribution Channel, By Product, By Body Part, By Application, Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share’, available with MarketStudyReport, Europe car care products market size is expected to reach a valuation of USD 4 billion by the year 2027.
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Europe car care products market growth is primarily driven by strong presence of major firms, increasing vehicle ownership, and innovations in cleaning technologies. In fact, the region is known to have one of the top markets of car care products across the globe.
 

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Rising cognizance among car owners in countries such as France, Germany, and the United Kingdom regarding the importance vehicles sanitation is encouraging them to seek car maintenance services. Further, presence of a high number of repair and service stations throughout Europe acts as a significant factor in boosting usage of car maintenance products.
 

Products such as glazes, cleaning detergents, coatings, waxes, and polishes are widely employed to restore gloss and rejuvenate the appearance of automobiles. These products are utilized mainly for cleaning the exterior components of the car as they are subjected to maximum damage in case of accidents.
 

Based on product type, wax and cleaning segment of Europe car care products market was worth USD 2.5 billion in 2020 and will likely gain strong traction in the ensuing years. The primary purpose of car wax is to preserve the vehicle from minor scratches while also improving its overall appearance.
 

Glazes and coating segment is projected to register a CAGR of 1.5% through 2027, attributable to its ability to remove flaws and enhance the aesthetic appeal of automobiles.
 

As per body parts, interior segment is expected to grow at a steady 1.9% CAGR through 2027, as interior car cleaning services help keep the dashboard and upholstery clean and free of mildew and dust.
 

With respect to distribution channel, online segment held almost 30% of Europe car care products industry share in 2020. Online platforms can foresee changes in a customer's purchasing behavior and allow them to learn more about a certain automobile brand while also providing substantial discounts and free shipping.
 

Meanwhile, offline segment is slated to grow substantially over 2021-2027, as offline medium offers customers to personally examine the products before the purchase.
 

Coming to competitive terrain, Amtra Sp. z.o.o., Autoland Car Care, SCT-Vertriebs GmbH, Cartec B.V., MA-FRA S.p.A., and Liqui Moly GmbH are among the leading organizations profiled in Europe car care products market report.