First Research US Industry Profile

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Car Washes
SIC Codes: 7542
NAICS Codes: 811192
Last Quarterly Update: 3/25/2019
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, Wash Depot, and Zips Car Wash (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 are a key industry growth driver. China, the US, Japan, and Germany are the top markets for new car sales by volume, according to the OICS (International Organization of Motor Vehicle Manufacturers).
The US car wash industry includes about 16,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $9 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. The industry is highly fragmented: the 50 largest US companies hold less than 20% of the market.
A key source of competition comes from do-it-yourself consumers who prefer to wash their cars at home, also known as "driveway washers."
Products, Operations & Technology
Major services are exterior wash, exterior and interior cleaning, waxing, underside cleaning, vacuuming, and premium detailing. Detailing services consist ... plus:
Sales & Marketing
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Finance & Regulation
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Regional & International Issues
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Human Resources
Also includes the following chapters:
Quarterly Industry Update
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Industry Indicators
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Business Challenges
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Trends and Opportunities
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Call Preparation Questions
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Financial Information
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Industry Forecast
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Industry Websites
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Glossary of Acronyms

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