Vehicle Windscreen Wiper Market

The article provides a comprehensive analysis of the global market for windscreen wipers, defrosters, and demisters for motorcycles and motor vehicles. It predicts an upward consumption trend over the next eight years, with a forecasted CAGR of +1.4% in market volume and +3.8% in market value by 2030. The article highlights the top consuming countries, production volumes, import and export trends, and average prices per unit. Key insights include notable growth in consumption in Turkey, the highest importers being the United States and India, and the largest exporter being China.

Market Forecast

Driven by increasing demand for windscreen wipers, defrosters and demisters for motorcycles or motor vehicles worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +1.4% for the period from 2022 to 2030, which is projected to bring the market volume to 2.9B units by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +3.8% for the period from 2022 to 2030, which is projected to bring the market value to $47.5B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Windscreen Wipers, Defrosters And Demisters For Motorcycles Or Motor Vehicles

Global vehicle windscreen wiper consumption rose slightly to 2.6B units in 2022, with an increase of 4.2% compared with 2021 figures. Overall, the total consumption indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -0.3% against 2020 indices. Global consumption peaked at 2.6B units in 2020; afterwards, it flattened through to 2022.

The global vehicle windscreen wiper market revenue stood at $35.4B in 2022, with an increase of 5.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +88.7% against 2016 indices. Global consumption peaked in 2022 and is likely to see steady growth in the immediate term.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were China (478M units), the United States (371M units) and India (239M units), together accounting for 42% of global consumption. Japan, Germany, Brazil, Turkey, Indonesia, the UK, Mexico, South Korea, Saudi Arabia and Democratic Republic of the Congo lagged somewhat behind, together comprising a further 32%.

From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the main consuming countries, was attained by Turkey (with a CAGR of +26.6%), while consumption for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($9.9B) led the market, alone. The second position in the ranking was taken by Japan ($3.2B). It was followed by Germany.

From 2012 to 2022, the average annual growth rate of value in the United States amounted to +8.7%. The remaining consuming countries recorded the following average annual rates of market growth: Japan (+2.5% per year) and Germany (+2.8% per year).

The countries with the highest levels of vehicle windscreen wiper per capita consumption in 2022 were Saudi Arabia (1,371 units per 1000 persons), Germany (1,253 units per 1000 persons) and the UK (1,203 units per 1000 persons).

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +24.9%), while consumption for the other global leaders experienced more modest paces of growth.

Production

World Production of Windscreen Wipers, Defrosters And Demisters For Motorcycles Or Motor Vehicles

In 2022, approx. 2.7B units of windscreen wipers, defrosters and demisters for motorcycles or motor vehicles were produced worldwide; with an increase of 3.7% compared with the previous year's figure. Overall, the total production indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.6% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of 24% against the previous year. Global production peaked at 2.7B units in 2020; afterwards, it flattened through to 2022.

In value terms, vehicle windscreen wiper production rose slightly to $33.8B in 2022 estimated in export price. In general, the total production indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -3.5% against 2020 indices. The growth pace was the most rapid in 2018 with an increase of 33% against the previous year. Over the period under review, global production attained the maximum level at $35B in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Production By Country

The country with the largest volume of vehicle windscreen wiper production was China (660M units), accounting for 25% of total volume. Moreover, vehicle windscreen wiper production in China exceeded the figures recorded by the second-largest producer, the United States (322M units), twofold. India (197M units) ranked third in terms of total production with a 7.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in China stood at +2.2%. The remaining producing countries recorded the following average annual rates of production growth: the United States (+7.0% per year) and India (+1.9% per year).

Imports

World Imports of Windscreen Wipers, Defrosters And Demisters For Motorcycles Or Motor Vehicles

In 2022, overseas purchases of windscreen wipers, defrosters and demisters for motorcycles or motor vehicles increased by 38% to 192M units, rising for the second consecutive year after two years of decline. Over the period under review, imports enjoyed a strong increase. The growth pace was the most rapid in 2018 with an increase of 59% against the previous year. Global imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, vehicle windscreen wiper imports fell slightly to $910M in 2022. Overall, imports, however, saw a slight setback. The pace of growth was the most pronounced in 2021 with an increase of 15% against the previous year. Over the period under review, global imports attained the peak figure at $1.2B in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports By Country

The United States (52M units) and India (43M units) were the largest importers of windscreen wipers, defrosters and demisters for motorcycles or motor vehicles in 2022, reaching near 27% and 23% of total imports, respectively. It was distantly followed by Russia (19M units), comprising a 9.8% share of total imports. France (6.6M units), Brazil (4.1M units), Belgium (4M units), Taiwan (Chinese) (3.7M units), the UK (3.6M units), Indonesia (3M units), Germany (3M units) and Malaysia (3M units) took a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by India (with a CAGR of +34.6%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($124M) constitutes the largest market for imported windscreen wipers, defrosters and demisters for motorcycles or motor vehicles worldwide, comprising 14% of global imports. The second position in the ranking was taken by Germany ($48M), with a 5.2% share of global imports. It was followed by France, with a 4.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States amounted to -5.9%. In the other countries, the average annual rates were as follows: Germany (-1.4% per year) and France (+1.0% per year).

Import Prices By Country

In 2022, the average vehicle windscreen wiper import price amounted to $4.8 per unit, reducing by -30.8% against the previous year. In general, the import price saw a abrupt decline. The pace of growth was the most pronounced in 2014 an increase of 21%. As a result, import price reached the peak level of $15 per unit. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($16 per unit), while India ($0.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+2.4%), while the other global leaders experienced a decline in the import price figures.

Exports

World Exports of Windscreen Wipers, Defrosters And Demisters For Motorcycles Or Motor Vehicles

In 2022, shipments abroad of windscreen wipers, defrosters and demisters for motorcycles or motor vehicles increased by 21% to 252M units, rising for the second year in a row after two years of decline. Over the period under review, exports saw a relatively flat trend pattern. The global exports peaked at 278M units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, vehicle windscreen wiper exports totaled $1B in 2022. In general, exports, however, continue to indicate a slight descent. The growth pace was the most rapid in 2013 with an increase of 15%. Over the period under review, the global exports reached the maximum at $1.5B in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports By Country

China prevails in exports structure, resulting at 184M units, which was near 73% of total exports in 2022. Mexico (9.4M units), Italy (7M units), the Czech Republic (6.1M units), Indonesia (5.7M units), Vietnam (5.6M units) and Romania (5M units) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +1.8% from 2012 to 2022. At the same time, Vietnam (+20.1%), Romania (+15.4%), Indonesia (+12.3%), the Czech Republic (+10.8%) and Italy (+1.4%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of +20.1% from 2012-2022. By contrast, Mexico (-8.6%) illustrated a downward trend over the same period. While the share of China (+7.2 p.p.) and Vietnam (+1.8 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Mexico (-6.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($241M), Mexico ($144M) and Vietnam ($72M) were the countries with the highest levels of exports in 2022, with a combined 44% share of global exports.

Vietnam, with a CAGR of +13.1%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices By Country

The average vehicle windscreen wiper export price stood at $4.2 per unit in 2022, which is down by -16% against the previous year. Overall, the export price recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 6.2%. As a result, the export price reached the peak level of $5.7 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Mexico ($15 per unit), while China ($1.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+5.7%), while the other global leaders experienced mixed trends in the export price figures.

Source: IndexBox Market Intelligence Platform