Market Overview:
The global car rack market is expected to exhibit a CAGR of 5.9% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
A car rack refers to an automotive stand or carrier fitted over the roof of the vehicle to increase luggage capacity. It consists of a mount and multiple rails and pillars for supporting the rack frame and evenly distributing the weight of the luggage to prevent any damage to the roof. The racks are commonly manufactured using lightweight materials, such as aluminum alloy, composite plastic and steel. Luggage or goods are placed on the rack to provide maximum space to the passengers and enhanced comfort while traveling. Traditionally, they were mounted permanently on the roofs of the vehicle; however, the modern variants can be attached and detached using hooks and joints for enhanced flexibility, minimal maintenance and convenience.
The growing automotive industry represents one of the key factors creating a positive outlook for the market. Furthermore, the widespread adoption of ski and watersport carriers for outdoor and recreational activities are also driving the market growth. With the rising young population and growing preference for adventure sports, there is an increasing preference for durable and aesthetically appealing car racks for additional luggage space. This, along with various product innovations, such as the development of fiberglass car racks that offer enhanced durability, is contributing to the market growth. In comparison to bias-ply and steel-reinforced racks, fiberglass versions provide greater resistance to damage, minimal reinforcement costs and overall improved performance over long-distance driving. Other factors, including rising investments in the tourism sector, along with rapid urbanization and increasing expenditure capacities of the masses, are anticipated to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global car rack market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, material and end use.
Breakup by Type:
- Roof Rack
- Roof Box
- Bike Car Rack
- Ski Rack
- Watersport Carrier
- Others
Breakup by Material:
- Aluminium Alloy
- Composite Plastic
- Stainless Steel
- Others
Breakup by End Use:
Breakup by Region:
- North America
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being ACPS Automotive GmbH, Atera GmbH, Bosal Nederland B.V., Cruzber SA, KAMEI GmbH & Co. KG, Magna International Inc., Mont Blanc Group AB (Brenderup Group AB), Thule Group AB, VDL Hapro B.V. and Yakima Products Inc. (Kemflo International Co. Ltd.)
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| Segment Coverage |
Type, Material, End Use, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered |
ACPS Automotive GmbH, Atera GmbH, Bosal Nederland B.V., Cruzber SA, KAMEI GmbH & Co. KG, Magna International Inc., Mont Blanc Group AB (Brenderup Group AB), Thule Group AB, VDL Hapro B.V. and Yakima Products Inc. (Kemflo International Co. Ltd.) |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global car rack market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global car rack market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the material?
- What is the breakup of the market based on the end use?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global car rack market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Car Rack Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Roof Rack
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Roof Box
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Bike Car Rack
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Ski Rack
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Watersport Carrier
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Others
6.6.1 Market Trends
6.6.2 Market Forecast
7 Market Breakup by Material
7.1 Aluminium Alloy
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Composite Plastic
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Stainless Steel
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by End Use
8.1 OEM
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Aftermarket
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 ACPS Automotive GmbH
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.2 Atera GmbH
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.3 Bosal Nederland B.V.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.4 Cruzber SA
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.5 KAMEI GmbH & Co. KG
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.6 Magna International Inc.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 Mont Blanc Group AB (Brenderup Group AB)
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.8 Thule Group AB
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.9 VDL Hapro B.V.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.10 Yakima Products Inc. (Kemflo International Co. Ltd.)
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
List of Figures
Figure 1: Global: Car Rack Market: Major Drivers and Challenges
Figure 2: Global: Car Rack Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Car Rack Market: Breakup by Type (in %), 2021
Figure 4: Global: Car Rack Market: Breakup by Material (in %), 2021
Figure 5: Global: Car Rack Market: Breakup by End Use (in %), 2021
Figure 6: Global: Car Rack Market: Breakup by Region (in %), 2021
Figure 7: Global: Car Rack Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 8: Global: Car Rack (Roof Rack) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Car Rack (Roof Rack) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Car Rack (Roof Box) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Car Rack (Roof Box) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Car Rack (Bike Car Rack) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Car Rack (Bike Car Rack) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Car Rack (Ski Rack) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Car Rack (Ski Rack) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Car Rack (Watersport Carrier) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Car Rack (Watersport Carrier) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Car Rack (Other Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Car Rack (Other Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Car Rack (Aluminium Alloy) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Car Rack (Aluminium Alloy) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Car Rack (Composite Plastic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Car Rack (Composite Plastic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Car Rack (Stainless Steel) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Car Rack (Stainless Steel) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Car Rack (Other Materials) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Car Rack (Other Materials) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Car Rack (OEM) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Car Rack (OEM) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Car Rack (Aftermarket) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Car Rack (Aftermarket) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: North America: Car Rack Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: North America: Car Rack Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: United States: Car Rack Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: United States: Car Rack Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Canada: Car Rack Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Canada: Car Rack Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Asia Pacific: Car Rack Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Asia Pacific: Car Rack Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: China: Car Rack Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: China: Car Rack Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Japan: Car Rack Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Japan: Car Rack Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: India: Car Rack Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: India: Car Rack Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: South Korea: Car Rack Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: South Korea: Car Rack Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Australia: Car Rack Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Australia: Car Rack Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Indonesia: Car Rack Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Indonesia: Car Rack Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Others: Car Rack Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Others: Car Rack Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Europe: Car Rack Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Europe: Car Rack Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Germany: Car Rack Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Germany: Car Rack Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: France: Car Rack Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: France: Car Rack Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: United Kingdom: Car Rack Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: United Kingdom: Car Rack Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Italy: Car Rack Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Italy: Car Rack Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Spain: Car Rack Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Spain: Car Rack Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Russia: Car Rack Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Russia: Car Rack Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Others: Car Rack Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Others: Car Rack Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Latin America: Car Rack Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Latin America: Car Rack Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Brazil: Car Rack Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Brazil: Car Rack Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Mexico: Car Rack Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Mexico: Car Rack Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Others: Car Rack Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Others: Car Rack Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Middle East and Africa: Car Rack Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Middle East and Africa: Car Rack Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Global: Car Rack Industry: SWOT Analysis
Figure 81: Global: Car Rack Industry: Value Chain Analysis
Figure 82: Global: Car Rack Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Car Rack Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Car Rack Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Car Rack Market Forecast: Breakup by Material (in Million US$), 2022-2027
Table 4: Global: Car Rack Market Forecast: Breakup by End Use (in Million US$), 2022-2027
Table 5: Global: Car Rack Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Car Rack Market Structure
Table 7: Global: Car Rack Market: Key Players