Over the last few years, the sale of motor vehicles in the U.S. is on the rise , creating opportunities for related industries including maintenance and repair. The car wash industry flourished over the last few years when industry revenue registered a growth of forty four percent during 2011-2017, a trend that is expected to slow down over the next few years to reach around 10.8 billion U.S. dollars in 2023. The increase in average expenditure on car maintenance and repair is considered to be the prime factor for the industry growth.

Carwash accounts for small share

The automotive maintenance and repair industry represents many small sub-sectors including routine services such as car wash, oil changes, tire repair, and air conditioning, as well as non-routine services such as rust-proofing and exterior painting among others. In terms of revenues, car wash accounts for around seven percent of the total maintenance and repair industry. Although, there has been no significant change in the number of automotive maintenance and repair companies over the last few years, the revenues of various players such as those doing body, paint, and interior repair, automotive glass replacement and automotive exhaust system repair witnessed steady growth, and are expected to continue so over the next few years. For more information on passenger cars, please visit the Mobility Market Outlook.