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DUBLIN, Aug. 16, 2024 (GLOBE NEWSWIRE) — The “India Car & Bike Care Market Size, Share & Trend Analysis by Car Care Products, Bike Cleaning Products, Packaging Volume, End Use, Marketing Channel and Segment Forecast 2024-2030″ report has been added to ResearchAndMarkets.com’s offering. The India Car & Bike Care Market size is expected to reach USD 435.9 million by 2030, growing at a CAGR of 4.7%.1 (3)
The growth of the Indian market is directly proportional to the growth of the Indian automobile industry. The increasing penetration of electric vehicles and the rise of autonomous vehicles are expected to boost the growth of the automobile industry, thereby driving the demand for high-quality car and bike care products. Further, the growing demand for car sharing services in cities is expected to lead to a rise in vehicle sales, thereby driving the demand for car and bike care products used to maintain the appearance of vehicles. Automobile production and sales in India are growing significantly. High investments in the manufacturing sector and favorable government policies towards the industrial sector are expected to have a positive impact on the automobile production in the country, which is expected to drive the demand for car and bike care products over the forecast period. Their application in vehicle maintenance and repair is gaining popularity owing to the growing awareness among end users about the benefits of bike and car care products. With increasing disposable income and purchasing power, many young groups are looking to buy cars and bikes to maintain their lifestyle and status. This is expected to have a positive impact on the demand for high-end car care products during the forecast period. The closure of wholesale and retail stores has forced users to turn to online platforms that offer a wider range of products. In India, the pandemic has significantly accelerated this trend as users are under home quarantine and have the time and resources to invest in car and bike maintenance. The change in consumer behavior during the pandemic has led to a rise in the demand for DIY products and has encouraged people to purchase these products through e-commerce platforms. For individual users who are into DIY home improvement, e-commerce platforms have become a more convenient way to explore various options and make smart purchasing decisions based on their needs. In recent years, people have become increasingly interested and concerned about the aesthetics of cars, especially personal ones. Moreover, the COVID-19 pandemic has further fueled this interest as users are under home quarantine and have the time and resources to make their cars more beautiful. The change in consumer behavior during the pandemic has led to a rise in demand for DIY products and has encouraged people to purchase products through e-commerce platforms. Additionally, the demand for car repair and maintenance is also expected to increase due to the continued growth of the automobile industry. This, in turn, is expected to drive demand for car and bike cleaning products during the forecast period. Car and Bike Care Market Report in India: Key Highlights
Key Topics Covered: Chapter 1: Methodology and Scope1.1 Research Methodology1.2 Study Scope and Assumptions1.3 Data Acquisition1.4 Data Analysis1.5 Market Formation and Data Visualization1.6 List of Data Sources Chapter 2: Executive Summary2.1 Market Outlook, 2023 (US$ Million)2.2 Segment Outlook2.3 Competitive Data Chapter 3: India Car & Bike Care Market Variables, Trends, and Size3.1 Market Forecast3.2 Consumer Buying Behavior Analysis3.3 Value Chain Analysis3.4 Technical Overview3.5 Market Dynamics3.5.1 Market Drivers Analysis3.5.2 Market Restraints Analysis3.5.3 Industry Opportunities3.5.4 Industry Challenges3.6 Business Environment Analysis: Indian Car Care & Bike Care Market 3.6.1 Porter’s Five Forces Analysis 3.6.2 PESTLE Analysis 3.7 Market Disruption Analysis Chapter 4. Indian Car Care Market: Product Estimates and Trend Analysis 4.1 Key Highlights 4.2 Trade Flow and Market Share Analysis, 2022 and 2030 4.3. India Car Care Market by Product, 2018-2030 (US$ Million) 4.3.1 Car Cleaners 4.3.2 Car Polish 4.3.3 Car Wax 4.3.4 Wheel & Tyre Cleaners 4.3.5 Windscreen Cleaner 4.3.6 Interior Cleaners 4.3.7 Accessories Chapter 5. Indian Car Care Market: Package Volume Estimates and Trend Analysis 5.1 Key Highlights 5.2 Package Volume and Market Share Change Analysis, 2022 and 2030 5.3. India Car Care Products Market by Package Volume, 2018-2030 (US$ Million) 5.3.1. Less than 250 ml 5.3.2. 251 – 500 ml 5.3.3. 501 – 999 ml 5.3.4. 1 L – 5 L 5.3.5. More than 5 L Chapter VI. India Car Care Products Market: End Use Estimates and Trend Analysis 6.1 Key Highlights 6.2 End Use and Market Share Change Analysis, 2022 and 2030 6.3. India Car Care Products Market by End Use, 2018-2030 (US$ Million) 6.3.1. Do It Yourself (DIY)6.3.2. Do It For Me (DIFM) Chapter 7. India Car Care Products Market: Channel Assessment and Trends Analysis7.1. Key Highlights 7.2. Channel Change and Market Share Analysis, 2022 and 2030 7.3. India Car Care Products Market by Channel, 2018-2030 (US$ Million) 7.3.1. E-Commerce 7.3.2. Retail Chains7.3.3. Auto Service Chapter 8. India Bicycle Care Products Market: Product Estimates and Trends Analysis8.1. Key Highlights 8.2. Trade Flow and Market Share Analysis, 2022 and 2030 8.3. India Bicycle Care Products Market by Product, 2018-2030 (US$ Million) 8.3.1 Bicycle Cleaners8.3.2 Bicycle Polish8.3.3 Bicycle Chain Cleaners & Lubricants Chapter 9. India Bicycle Care Products Market: End Use Estimates and Trend Analysis9.1 Key Highlights9.2 End Use Flow and Market Share Analysis, 2022 and 2030 9.3. India Bicycle Care Products Market by End Use, 2018-2030 (US$ Million) 9.3.1 Do It Yourself (DIY)9.3.2 Do It For Me (DIFM) Chapter 10. Indian Car & Bicycle Care Products Market Supplier Profile10.1 Kraljic Matrix/Portfolio Analysis10.2 Participation Model10.3 Negotiation Strategies10.4 Best Procurement Practices10.5 Supplier Selection Criteria Chapter 11. Competitive Landscape11.1. Latest Developments by Key Players and Their Impact on the Industry11.2. Company/Competition Classification11.3. Company Position Analysis in the Market11.4. Company Heat Map Analysis, 202311.5. Strategy Map11.6. Brand Positioning11.6.1. Pricing Strategy11.6.2. Brand Positioning11.6.3. Appendices11.6.4. USP11.7. Price Benchmarking (Packaging Volume)11.8. Company List11.8.1. Company Overview11.8.2. Financial Performance11.8.3. Product Benchmarking11.8.4. Strategic Initiatives
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