The United States car wash services market is predicted to be worth USD 16.33 billion in 2023, and rise to USD 27.89 billion by 2033. Demand is expected to increase at a CAGR of 5.5% over the projected period.
The demand for car wash services in the United States has increased due to the consumers’ increasing attention to vehicle care. Additionally, the continual harm to car bodies from dirt, dust, bird droppings, and salt deposits during the winter months increases the global demand.
Particularly in the last ten years, the adoption of car wash services in the area has skyrocketed. This is explained by increased convenience, a large selection of service bundles, and budget-friendly choices.
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The development of the United States car wash services industry has been facilitated by the introduction of cutting-edge technologies like automated car washes and digital payment methods. Additionally, the proliferation of car wash chains across the nation is fostering industry expansion.
During the forecast period, it is expected that the market participants have considerable development prospects due to the growing investments in the car wash services infrastructure.
Key Takeaways
- The United States car wash services market was expanding at a value of US$ 15.28 billion in 2022.
- The United States car wash services increased at 3.2% CAGR between 2018 and 2022, citing FMI’s study.
- With high demand for car maintenance, the United States car wash services industry is expected to have a worth of US$ 18.7 billion by 2025.
- Based on type, the roll-over/in-bay segment is projected to dominate the market with a CAGR of 6.5% by 2033.
- Based on mode of payment, the cashless payment segment is projected to dominate the market with a CAGR of 8.6% by 2033.
- United States car wash services market growth rate is projected to be about 1.05x between 2022 and 2023.
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Key Players Recent Analysis
Given climate change and water shortages, the car wash services industry’s future is anticipated to be eco-friendly, which entails utilizing very little water. The vehicle wash services in the United States are attracting the interest of multiple technical and equipment manufacturing companies.
The market is defined by the big domestic service providers. Large players are acquiring local companies in order to expand their presence across the country. Market participants are aware of the importance and dominance of local companies in terms of attracting more customers.
- Mister Car Wash, Inc. announced the opening of a new location in Oviedo, Florida, in June 2022. Several of Mister’s recognizable products, including HotShine® Carnauba wax, Repel Shield, and Platinum Seal, are included in the Platinum package, which is offered at the new location.
- The new site offers a cutting-edge tunnel experience with Mister’s special cleaning technology.
- Mister Car Wash, Inc. announced in August 2022 that it has acquired Top Wash, a group of three express outdoor facilities in Minnesota’s Anoka, Fridley, and Champlin. The acquisition expanded Mister Car Wash’s reach into the northern suburbs of Minneapolis.
- Warburg Pincus acquired El Car Wash in July 2022, one of the quick express car-washing businesses in the United States.
Key Segments
By Type:
- Tunnels
- Roll-over/In-bay
By Mode of Payment:
- Cash Payment
- Cashless Payment
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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