Key Takeaways
- The U.S. oil change industry generated $14.2 billion in revenue in 2023
- Global quick-service oil change market size reached $28.5 billion in 2022 with a CAGR of 4.2% from 2017-2022
- U.S. automotive oil change services market projected to grow to $18.7 billion by 2030 at 3.8% CAGR
- 62% of U.S. drivers prefer quick lube shops for oil changes over dealerships
- Average American vehicle receives 2.8 oil changes per year, totaling 210 million services annually
- 78% of millennials opt for synthetic oil during changes, vs 45% boomers
- Quick lube shops perform 65% of all U.S. oil changes with average service time 12 minutes
- Synthetic oil usage in oil changes increased to 42% of total volume in 2023
- Average oil change uses 5.2 quarts of oil and 1 filter, costing shops $18 in materials
- Jiffy Lube franchises number 2,100 in U.S., controlling 18% market share
- Valvoline Instant Oil Change operates 1,800 locations, 15% revenue growth in 2023
- Take 5 Oil Change expanded to 1,000 shops by end-2023
- U.S. EV transition projected to reduce oil change demand by 25% by 2030
- Synthetic blend oils expected to dominate 65% of market by 2028
- Mobile oil change services forecasted to grow at 15% CAGR to 2030
In 2026, the global oil change industry remains vast, highly profitable, and on a steady growth path.
Competition & Franchises
Competition & Franchises Interpretation
Consumer Demographics & Behavior
Consumer Demographics & Behavior Interpretation
Industry Operations & Services
Industry Operations & Services Interpretation
Market Size & Revenue
Market Size & Revenue Interpretation
Trends & Future Projections
Trends & Future Projections Interpretation
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