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Car Washes

  • ID: 1052570
  • Report
  • November 2016
  • Region: United States
  • 10 pages
  • First Research
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Brief Excerpt from Industry Overview Chapter:

Companies in this industry provide cleaning, washing, and waxing services for cars, trucks, vans, and trailers. Major US companies include Autobell Car Wash, Mister Car Wash, Blue Beacon International, and Wash Depot (all based in the US), along with IMO Car Wash Group and Mr Wash Autoservice (both based in Germany) and Uhoda (Belgium).

Worldwide, there are more than 150,000 retail car wash locations, according to the International Carwash Association. Germany is home to a particularly high number of commercial car washes. Global sales of new cars, a key industry growth driver, have recently increased at especially high rates in Iceland, Singapore, and Ukraine, according to OICS (the International Organization of Motor Vehicle Manufacturers). China, the US, Japan, and Germany are the top markets for new car sales by volume.

The US car wash industry includes about 15,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $8 billion. The industry includes full- and self-service car wash facilities, as well as truck and bus washes and vehicle detailing services.

Competitive Landscape

Demand is driven by new car sales and growth in consumer income. The profitability of individual firms depends on favorable location and efficient operations. There are few economies of scale. Chains have advantages in advertising and customer recognition. Small firms can compete successfully by having good locations.
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Industry Overview
Quarterly Industry Update
Business Challenges
Business Trends
Industry Opportunities
Call Preparation Questions
Financial Information
Industry Forecast
Web Links and Acronyms
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