Car Wash & Auto Detailing Franchises in the US - Industry Market Research Report
Description
Car Wash & Auto Detailing Franchises in the US - Industry Market Research Report
Car Wash & Auto Detailing Franchises
Over the five years to 2019, the Car Wash and Auto Detailing Franchises industry has benefited from favorable macroeconomic conditions. During the five-year period, rising per capita disposable income and a growing number of households earning over $100,000 annually has resulted in more vehicles on the road. Not only are consumers more likely to purchase cards when disposable income levels are rising, but they are also more likely to spend money on discretionary goods and services, such as auto detailing and car washes. Over the five years to 2024, industry revenue is anticipated to continue expanding, albeit at a slower annualized rate as volatile oil prices will mitigate stronger growth.
This industry is composed of franchise establishments that provide car wash and auto detailing services. Reports in our Business Franchise collection focus solely on the operation of franchised outlets and exclude non-franchise data. They show the total number of franchise outlets, total franchise revenue and the average profit margin earned by franchisees. Our reports also highlight the largest franchisors by market share.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Car Wash & Auto Detailing Franchises
Over the five years to 2019, the Car Wash and Auto Detailing Franchises industry has benefited from favorable macroeconomic conditions. During the five-year period, rising per capita disposable income and a growing number of households earning over $100,000 annually has resulted in more vehicles on the road. Not only are consumers more likely to purchase cards when disposable income levels are rising, but they are also more likely to spend money on discretionary goods and services, such as auto detailing and car washes. Over the five years to 2024, industry revenue is anticipated to continue expanding, albeit at a slower annualized rate as volatile oil prices will mitigate stronger growth.
This industry is composed of franchise establishments that provide car wash and auto detailing services. Reports in our Business Franchise collection focus solely on the operation of franchised outlets and exclude non-franchise data. They show the total number of franchise outlets, total franchise revenue and the average profit margin earned by franchisees. Our reports also highlight the largest franchisors by market share.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
36 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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