The global car wash service market size was valued at USD 33.0 billion in 2018 and USD 35.34 billion in 2020 and is expected to grow to USD 41.0 billion in 2025 at a compound annual growth rate (CAGR) of 3.2% from 2019 to 2025. As per International Carwash Association (ICA), there has been a steady decline in home vehicle washes in the past 18 years. In 1996, 47.6% consumers preferred washing their vehicles at home whereas in 2014, only 28.4% consumers opted for the same. This significant shift is owing to benefits such as speed, convenience, and efficiency offered by professional car wash operators. Growing consumer discretionary spending in certain countries is also expected to support car wash services market growth.
The professional carwash market is currently experiencing staggering growth, which is fueled by consumers with more disposable income and investors who are interested in our industry’s minimal labor, high volume and quick return on investment business models.