//
you're reading...
car wash news, car wash operations

Report: Car Wash Industry Expected To Continue Upsurge

scrub

Photo from techinasia.com.

If you’ve opened a car wash in the past few years or seen your existing businesses thrive, you might already know that the car wash industry continues to boom. A study by Research and Market featured in Business Wire shows that a number of factors have led Americans to pay for car wash services in recent years when they might not have been willing or able during the recession. The study says low interest rates on vehicle loans, a decrease in gas prices and the desire for drivers to maintain the value of their vehicles has led to an increase in the number of people willing to pay for car wash services.

The study also talks about a trend in recent years that Research and Market called Do-It-For-Me or DIFM. The trend shows that people, especially younger drivers of the Millennial generation, are willing to pay for services they aren’t willing to do themselves. And like the study pointed out, they have a bit more disposable income to play with when they consider upkeep of their vehicles.

The study, titled¬†“The U.S. Car Wash Equipment Market: Size, Trends and Forecasts (2016-2020)”¬†was released earlier this month. The conclusions it draws about the overall health of the car wash industry comes from research into the sale of car wash equipment and its use. The study also points to new environmental laws that make it difficult for drivers to wash their own vehicles at home, or make car washes at eco-friendly businesses more enticing.

 

Advertisements

Discussion

Trackbacks/Pingbacks

  1. Pingback: Car Washes: Your 2016 Year In Review | THE CAR WASH BUSINESS BLOG - December 31, 2016

  2. Pingback: Pennsylvania Car Wash Closes Shop | THE CAR WASH BUSINESS BLOG - January 29, 2017

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Wolford Communications

Complete Car Wash Marketing Services

ADVERTISE WITH US: Want to reach hundreds of car wash and detailing businesses? Place your ad here!

Enter your email address to follow The Car Wash Business Blog and receive the latest updates by email.

Latest Car Wash Business Blog Tweets

%d bloggers like this: