Car Washing Service Market

1. Car Washing Service Market Revenue Size, Trends and Factors, Regional Share Analysis & Forecast Till 2032 Global Car Washing Service Market valuation will cross USD 33 billion by 2032, cites the latest research analysis by Global Market Insights Inc. As per the report, growing sales of automobiles worldwide are driving the industry growth. As per the IEA, in 2021, U.S. electric car sales witnessed a spike of 4.5% in terms of market share., reaching 630,000 units. Many governments in developed and developing economies are making heavy investments in expanding their automobile industry, which will increase the demand for car washing services. Industry players in the field are focusing on advancing the capabilities of car washing technology, which will further accelerate industry growth over the next ten years. Get sample copy of this research report @ https://www.gminsights.com/request- sample/detail/6010 Cash payments to gain popularity Based on the payment, the car washing service market from the cash payment segment will register exponential gains through 2032. The convenience and accessibility of cash payments favor their adoption among customers who do not have access to electronic payment methods or prefer not to use them. Additionally, cash payment offers a higher level of privacy and eliminates any potential risks associated with electronic transactions, such as data breaches or identity theft. It gives customers better control over their spending and budgeting, leading to increased traction. Tunnel-based car washing services to gain traction Based on the type, industry share from the tunnels segment will grow at a lucrative CAGR from 2023 to 2032. Rising demand for faster and more convenient car washes has increased the demand for automated car wash tunnels. Additionally, these tunnels have the potential to accommodate a high volume of vehicles to be processed quickly, which makes them suitable for areas with traffic congestion. They also ensure consistency in every wash and can accommodate a range of vehicle sizes and types, favoring segment growth. Asia Pacific to dominate the car washing service market Asia Pacific car washing service market size will reach over USD 8.5 billion by 2032. Growing population and rapid urbanization have led to higher vehicle ownership in the region, increasing the demand for car washing services. As per International Trade Administration, China’s domestic production of vehicles is projected to reach 35 million units by 2025. Moreover, growing awareness about vehicle maintenance is further working in favor of regional growth. Car Washing Service Market Players © 2019 Global Market Insights Inc. All Rights Reserved www.gminsights.com

2. Magic Hands Car Wash, Splash Car Wash, Tommy's Express Car Wash, Wash Depot Holdings Inc, Quick Quack Car Wash, and True Blue Car Wash, LLC, among others Car Washing Service Market News: •In March 2023, BlueWave Express and ClearWater Express Wash, two of the industry giants in the car washing space, inked a deal to partner with CarWashKing to create an integrated management team and become the largest developer of express car washes in Texas. Request for customization @ https://www.gminsights.com/roc/6010 Table of Contents (ToC) of the report: Chapter 1 Methodology & Scope 1.1 Market scope & definition 1.2 Base estimates & calculations 1.3 Forecast calculation. 1.4 Data Sources 1.4.1 Primary 1.4.2 Secondary 1.4.2.1 Paid sources. 1.4.2.2 Public sources Chapter 2 Executive Summary 2.1 Car Washing Service market 360º synopsis, 2018 - 2032 2.2 Business trends 2.2.1 Total Addressable Market (TAM), 2023-2032 2.3 Regional trends 2.4 Payment trends 2.5 Type trends Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/car-washing-service-market © 2019 Global Market Insights Inc. All Rights Reserved www.gminsights.com

3. About Global Market Insights: Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology. Contact Us: Aashit Tiwari Corporate Sales, USA Global Market Insights Inc. Toll Free: 1-888-689-0688 USA: +1-302-846-7766 Europe: +44-742-759-8484 APAC: +65-3129-7718 Email:sales@gminsights.com © 2019 Global Market Insights Inc. All Rights Reserved www.gminsights.com