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The global car care products market is projected to grow by USD 3585.56 million from 2022 to 2027, with an estimated CAGR of 5.48%.
The market was significantly impacted by the COVID-19 pandemic and ongoing geopolitical tensions, which have constrained supply chains and affected auto sales.
Despite these challenges, sales rebounded in 2021 and are expected to rise due to increased consumer awareness and demand for aftermarket products. The APAC region will account for 42% of the market growth, driven by countries like China and Japan.
However, the presence of counterfeit products poses a significant challenge to market development.
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