by Car scratch remover products are used to remove light scratches and scuffs from the surfaces of cars including bodywork and paints. They restore the gloss and shine of car surfaces without leaving any residue behind. The rise in the use of automatic car washes that can cause light scratches and increasing consumer demand for scratch-free and luminous car surfaces are fueling the growth of the car scratch remover market. The global Car Scratch Remover Market is estimated to be valued at US$ 19.14 Bn in 2023 and is expected to exhibit a CAGR of 6.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The growing trend of using eco-friendly and sustainable products is prompting manufacturers to develop green car scratch removers formulated with natural and biodegradable ingredients. For instance, many companies are offering plant-based and sulfate-free removers made from coconut oil, orange oil, or other natural emollients that nourish car surfaces while removing blemishes. The rising popularity of these organic formulations is expected to drive significant growth in the car scratch remover market over the forecast period.
SWOT Analysis
Strength: Scratch removers use strong and effective chemicals that quickly remove minor scratches from car surfaces. They cause minimal damage to paint and are convenient to use.
Weakness: Strong chemicals used in removers can permanently damage paint if used incorrectly or on deep scratches. Fumes from removers can be unpleasant to breathe.
Opportunity: Growing number of used cars on the roads increases demand for affordable scratch and scuff removal products. Online sales channels provide an opportunity to reach wider customer base.
Threats: Stricter environmental regulations can limit certain chemicals used in removers. Paint protection films and advanced auto coatings that resist scratches reduce the need for frequent scratch repair.
Key Takeaways
The Global Car Scratch Remover Market Size is expected to witness high growth over the forecast period of 2023 to 2030. The market size is projected to reach US$ 19.14 Billion by 2024 registering a CAGR of 6.7% during the forecast period.
Regional analysis: North America dominates the global market currently owing to large fleet of personal vehicles. Asia Pacific is expected to witness fastest growth due to rising vehicle ownership in China and India. Growing middle class consumer group expand the aftermarket opportunities in the region.
Key players operating in the car scratch remover market are GrainPro Inc., PackFreshUSA, ShieldPro Flexible Packaging, SorbentSystems, IMPAK Corporation, Green Storage Ltd., LPS Industries LLC, Seal King Europe B.V., TPB Plastech Limited, Integra Packaging. Key players focus on innovations to provide ecofriendly and more effective scratch removal solutions. Online sales and marketing strategies help players expand their consumer base.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. With an MBA in E-commerce, she has an expertise in SEO-optimized content that resonates with industry professionals.
