Published on in “Business”, language — English. 5 pages.
Some of the factors impacting the growth in emerging economies are the ideal population demographics and elevated purchasing power of consumers. More
the report states that the growth of the market is inhibited by the high cost of the automotive polishing machine. The average selling price (ASP) of the automotive polishing machine is $200, which is very high for end-users like individuals. However, for the commercial sector, the ASP of the polishing machine doesnt make a huge difference as auto detailing service providers design the overall package and do the costing of the overall service provided to the customer. More