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How the rising sales of cars in India have led to the speedy growth of the car care & car wash market
The enormous sales of cars in India have led to the speedy growth of the car care & car wash market. This nice industry has shaped up into a new area of business, creating franchise expansion showground for one and all.
In proportion with the rising car market in India, which is growing at around 10% annually and is estimated to be the fifth largest in the world by 2025 the franchise of car wash brands here have huge opportunities for the investors. Car wash service is likely to exceed $27.4 billion by 2017 globally.
It is a fact that car detailing & car wash sector is not an organized sector in India at the moment. While there are quite a few players like 3M, Autozspa, Speed Car Wash, Express Car Wash in this segment building up the industry. Clearly, the need of the hour is getting more organized players to capitalize the opportunity that this segment offers and hence these brands encourage more and more entrepreneurs to come forward and make the best out of what this sector is offering. Another category is after services of used car, Mahindra First Choice, Carnation Autos & a few others top the charts & offer accelerated growth via franchising.
Apart from metros and mini metros, the organised car wash industry has managed to penetrate its reach in tier- I and II cities.
Over the past decade, the number of specialised car wash & car detailing brands venturing into the Indian market has seen a swift drift. The reason being, franchisors have unique technology and professional service that is further passed on to the franchisees to earn regular clientele, which in turn is a win-win situation for both the parties. Car wash brands are bullish about their scalability, inviting franchise partners to grow immensely in the market.