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    Automotive Roof Racks Market

    ID: MRFR/AM/2533-CR
    100 Pages
    Swapnil Palwe
    September 2022

    Automotive Roof Racks Market Research Report Information By Type (Roof Mount, Raise Grill, Gutter And Others), By Material (Aluminum Alloy, Composite Plastic And Others), By Vehicle Type (Commercial Vehicle And Passenger Cars) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032

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    Automotive Roof Racks Market Research Report—Global Forecast till 2032 Infographic
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    Automotive Roof Racks Market Summary

    As per Market Research Future Analysis, the Automotive Roof Racks Market was valued at USD 1.57 Billion in 2023 and is projected to grow to USD 2.50 Billion by 2032, with a CAGR of 5.23% from 2024 to 2032. Key drivers include increased tourism, adventure sports, and a growing preference for vehicles with luggage carriers. The demand for roof racks is further fueled by rising disposable incomes and the youth's inclination towards outdoor activities. The market is segmented by type, with roof mount racks holding the largest share, and by material, where aluminum alloy is expected to dominate due to its lightweight and high payload capacity. North America leads the market, driven by cycling and snowboarding activities, followed by Europe and Asia-Pacific, with China and India showing significant growth potential.

    Key Market Trends & Highlights

    The Automotive Roof Racks Market is experiencing significant growth driven by tourism and outdoor activities.

    • Market Size in 2023: USD 1.57 Billion
    • Projected Market Size by 2032: USD 2.50 Billion
    • CAGR from 2024 to 2032: 5.23%
    • North America holds the largest market share due to high cycling and snowboarding activities.

    Market Size & Forecast

    2023 Market Size USD 1.57 Billion
    2024 Market Size USD 1.66 Billion
    2032 Market Size USD 2.50 Billion
    CAGR (2024-2032) 5.23%

    Major Players

    Key players include Thule Group (US), Yakima, Inc. (US), JAC Products (US), Rhino Rack (Australia), and Cruzber SA (Spain).

    Automotive Roof Racks Market Trends

      • Tourism and off-road trails are driving market growth

    Increased tourism and off-road paths are driving the market CAGR for automotive roof racks. The number of people who enjoy travelling long distances in their vehicles has grown dramatically in recent years all around the world. The large amount of luggage carried by such persons necessitates a large amount of room, which is constrained by the limited availability of boot capacity in ordinary automobiles. The presence of roof rails on the vehicles allows them to carry additional cargo. During the study period, this aspect will considerably drive the car roof racks market demand.

    The increasing popularity of outdoor recreational activities appears to drive a growing demand for automotive roof racks, as consumers seek versatile solutions for transporting gear and equipment.

    U.S. Department of Transportation

    Automotive Roof Racks Market Drivers

    E-commerce Growth

    The expansion of e-commerce platforms is reshaping the Global Automotive Roof Racks Market Industry. Consumers are increasingly turning to online shopping for automotive accessories, including roof racks, due to the convenience and variety offered. This shift is particularly pronounced among younger demographics who prefer online purchasing. E-commerce allows for competitive pricing and easy access to product reviews, which can influence purchasing decisions. As online sales channels continue to grow, they are expected to play a crucial role in driving market growth, making roof racks more accessible to a broader audience.

    Environmental Awareness

    Heightened environmental consciousness among consumers is influencing the Global Automotive Roof Racks Market Industry. As individuals become more aware of their carbon footprints, there is a growing preference for eco-friendly transportation solutions. Roof racks that promote sustainable practices, such as those designed for electric vehicles or made from recycled materials, are gaining traction. This shift towards sustainability is not only a response to consumer demand but also aligns with global efforts to reduce emissions. Consequently, manufacturers are likely to adapt their offerings to meet these expectations, further propelling market growth.

    Rising Vehicle Ownership

    The surge in vehicle ownership across the globe is a pivotal driver for the Global Automotive Roof Racks Market Industry. As more households acquire vehicles, the need for additional storage solutions becomes apparent. Roof racks provide an efficient means to maximize space for families and individuals alike. Emerging markets, particularly in Asia and Africa, are witnessing significant increases in vehicle registrations, which further propels the demand for roof racks. This trend is expected to contribute to the market's growth, with projections indicating a rise to 2.91 USD Billion by 2035.

    Market Growth Projections

    The Global Automotive Roof Racks Market Industry is poised for substantial growth, with projections indicating a rise from 1.66 USD Billion in 2024 to 2.91 USD Billion by 2035. This growth trajectory reflects a compound annual growth rate of 5.25% from 2025 to 2035, driven by various factors such as increasing outdoor activities, rising vehicle ownership, and technological advancements. The market's expansion is expected to be supported by the growing demand for versatile and efficient storage solutions among consumers worldwide.

    Technological Advancements

    Innovations in design and materials are transforming the Global Automotive Roof Racks Market Industry. Manufacturers are increasingly adopting lightweight yet durable materials, enhancing the functionality and aesthetic appeal of roof racks. Features such as easy installation, aerodynamic designs, and compatibility with various vehicle models are becoming standard. These advancements not only improve user experience but also cater to the evolving preferences of consumers who prioritize efficiency and style. As a result, the market is likely to experience a compound annual growth rate of 5.25% from 2025 to 2035, reflecting the impact of these technological enhancements.

    Increasing Outdoor Activities

    The growing inclination towards outdoor activities such as camping, hiking, and biking is driving the Global Automotive Roof Racks Market Industry. As more individuals seek adventure and leisure experiences, the demand for roof racks that facilitate the transportation of sports equipment and outdoor gear is on the rise. This trend is particularly evident in regions with vast natural landscapes, where outdoor enthusiasts require reliable solutions for carrying their gear. The market is projected to reach 1.66 USD Billion in 2024, indicating a robust growth trajectory fueled by this lifestyle shift.

    Market Segment Insights

    Automotive Roof Racks Type Insights

    The Automotive Roof Racks Market segmentation, based on type includes roof mount, raise grill, gutter and others. The roof mount category is the global market's largest shareholder. However, it is expected to have the highest CAGR. Roof mount racks serve as a carrier for the user's belongings. They are often sold as a set of roof bars with a regular platform or rack. This platform can be a luggage rack or a shelf system with detachable shelves. The roof bars are attached to the vehicle's standard roof rails.

    Roof mounted racks run from east to west across the roof of the vehicle, providing the user with a more sturdy carrier. Roof carriers are designed to transport additional freight payload. It is vital not to overload the roof mount rack in order to prevent the dangers of an overloaded vehicle.

    Automotive Roof Racks Material Insights

    The Automotive Roof Racks Market segmentation, based on material, includes aluminum alloy, composite plastic and others. During the projection period, the aluminium alloy category is expected to have the greatest CAGR and dominate the market share. Aluminium alloys are made up of metals like iron, silicon, copper, magnesium, and zine. These elements are moltenly added to pure aluminium to make an alloy with the requisite strength and physical qualities. Aluminium alloy is used in roof racks because of its lightweight and ability to endure high payload bearing capacity.

    Automotive Roof Racks Vehicle Type Insights

    The Automotive Roof Racks Market segmentation, based on vehicle type, includes commercial vehicle and passenger cars. The passenger cars category dominates the global automobile roof rack market, and this trend is anticipated to continue: The added benefit could be attributed to a number of factors, including increased demand for recreational vehicles, higher demand for cars from the tourism sector, and a large number of young people travelling to different locations for education and work.

    Growing numbers of capable off-road vehicles, as well as more compact SUVs with more usability and greater vehicular capabilities, are important driving forces in the passenger car class.

    Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

    Get more detailed insights about Automotive Roof Racks Market Research Report—Global Forecast till 2032

    Regional Insights

    By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American automotive roof racks market area will dominate this market, owing to the rising adoption of cycling in the U.S. Hence, people of the country prefer cycling from one place to another. They carry the bicycle to the desired destinations by mounting it to the car roof. Moreover, the usage of snowboards is also high in this country which is driving the growth of the market in the region.

    Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

    Figure 2: Automotive Roof Racks Market Share By Region 2022 (USD Billion)

    Automotive Roof Racks Market Share By Region 2022

    Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

    Europe’s automotive roof racks market accounts for the second-largest market share because of the region's big automobile industry.  Further, the German automotive roof racks market held the largest market share, and the UK automotive roof racks market was the fastest-growing market in the European region

    The Asia-Pacific Automotive Roof Racks Market Is expected to grow at the fastest CAGR from 2024 to 2032. This is due to rising automotive ownership, will augment the regional growth. Moreover, China’s automotive roof racks market held the largest market share, and the Indian automotive roof racks market was the fastest-growing market in the Asia-Pacific region.

    Key Players and Competitive Insights

    Leading market players are extensively spending in research and development to extend their product lines, which will help the vehicle roof racks market grow even more. Market participants are also engaging in a number of strategic initiatives to grow their worldwide footprint, with significant market developments including new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organisations. To expand and survive in a more competitive and rising market climate, the automobile roof racks industry must provide cost-effective products.

    Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global automotive roof racks industry to benefit clients and increase the market sector. In recent years, the automotive roof racks industry has offered some of the most significant advantages to medicine. Major players in the automotive roof racks market, including Yakima, Inc. (US), JAC Products (US), NEUMANN, SPOL. S R.O. (Czech Republic), Perrycraft (US), ROLA (Australia) and others, are attempting to increase market demand by investing in research and development operations.

    Polaris Inc. is an American automobile manufacturer headquartered in Medina, Minnesota. Polaris was founded in Roseau, Minnesota, and maintains engineering and manufacturing operations there. Until January 2017, the firm produced bikes through its Victory bikes subsidiary, and it now produces motorcycles through its Indian Motorcycle subsidiary, which it purchased in April 2011. Polaris manufactured personal watercraft from 1994 until 2004. Polaris Industries Inc. was renamed Polaris Inc. in 2019 after being known as Polaris Industries Inc. for many years. In August 2021,  Polaris Inc., a manufacturer of motorcycles, snowmobiles, ATVs, and small EVs in the United States, cooperated with Rhino-Rack.

    This agreement allows Polaris customers to order a new Polaris vehicle with a roof rack that is specifically tailored for the curves.

    CRUZBER SA is one of the European market's top manufacturers of roof racks and roof bars, offering a comprehensive range of solutions for passenger cars, off-road vehicles, and commercial vans. Its headquarters and major warehouses, with a total surface area of more than 12.000 m2, are located in the province of Córdoba (Spain).

    Cruz is the market leader in Spain and is present in over 30 countries, creating and adapting its goods to the unique needs of each market. In June 2019, CRUZBER SA has announced the release of the new Cruz Airo Fuse roof bars, which feature aerodynamic aluminium profiles that are integrated as well as fused with their feet and are easy to adapt to contemporary vehicle designs.

    Key Companies in the Automotive Roof Racks Market market include

    Industry Developments

    In September 2022, Cruz Pipe Carrier was introduced by Cruz, Cruzber's Spanish rack brand. It is a device for safely moving pipes on the roof of a light commercial truck.

    In September 2022, Cruz, Cruzber's Spanish rack brand, debuted numerous new products at Automechanika Frankfurt, including CRUZ Stema (towbar bike rack), Cruz FIX Feet, CRUZ Tailo (multi-functional towbar platform), CRUZ ladder Clamp (ladder fitting system), and Cruz Pipe Carrier.

    In March 2022, Reconn-Deck truck bed systems were introduced by Rhino-Rack US LLC. The systems can be modified to meet the needs of the customer and evaluated for City Crash and rough road durability. The system also meets the most recent ISO requirements.

    Future Outlook

    Automotive Roof Racks Market Future Outlook

    The Automotive Roof Racks Market is projected to grow at a 5.25% CAGR from 2024 to 2035, driven by increasing outdoor recreational activities and rising vehicle ownership.

    New opportunities lie in:

    • Develop lightweight, high-strength materials to enhance roof rack durability and fuel efficiency.
    • Introduce smart roof racks with integrated technology for improved user experience and safety.
    • Expand product lines to cater to electric vehicles, focusing on sustainable and eco-friendly designs.

    By 2035, the market is expected to achieve substantial growth, reflecting evolving consumer preferences and technological advancements.

    Market Segmentation

    Automotive Roof Racks Regional Outlook

    • US
    • Canada
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
    • Middle East
    • Africa
    • Latin America

    Automotive Roof Racks Market By Type Outlook

    • Roof mount
    • Raise grill
    • Gutter
    • Others

    Automotive Roof Racks Market By Material Outlook

    • Aluminum alloy
    • Composite plastic
    • Others

    Automotive Roof Racks Market By Vehicle Type Outlook

    • Commercial vehicle
    • Passenger cars

    Report Scope

    Attribute/Metric Details
    Market Size 2023 USD 1.57 Billion
    Market Size 2024 USD 1.66 Billion
    Market Size 2032 USD 2.50 Billion
    Compound Annual Growth Rate (CAGR) 5.23% (2024-2032)
    Base Year 2023
    Market Forecast Period 2024-2032
    Historical Data 2019- 2023
    Market Forecast Units Value (USD Billion)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered Type, Material, Vehicle Type, and Region
    Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
    Countries Covered The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled  Thule Group (US), Atera GmbH (Germany), Rhino Rack (Australia), Magna International Inc. (Canada), Cruzber SA (Spain), Yakima, Inc. (US), JAC Products (US), NEUMANN, SPOL. S R.O. (Czech Republic), Perrycraft (US), ROLA (Australia), Mont Blanc Group AB (Sweden),
    Key Market Opportunities Increasing demand for electric vehicles.
    Key Market Dynamics Tourism and off-road paths are becoming more popular. Vehicles have limited boot room.

    Market Highlights

    Author
    Swapnil Palwe
    Team Lead - Research

    With a technical background as Bachelor's in Mechanical Engineering, with MBA in Operations Management , Swapnil has 6+ years of experience in market research, consulting and analytics with the tasks of data mining, analysis, and project execution. He is the POC for our clients, for their consulting projects running under the Automotive/A&D domain. Swapnil has worked on major projects in verticals such as Aerospace & Defense, Automotive and many other domain projects. He has worked on projects for fortune 500 companies' syndicate and consulting projects along with several government projects.

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    FAQs

    How much is the automotive roof racks market?

    The Automotive Roof Racks Market size was valued at USD 1.5 Billion in 2022.

    What is the growth rate of the automotive roof racks market?

    The global market is projected to grow at a CAGR of 5.23% during the forecast period, 2024-2032.

    Which region held the largest market share in the automotive roof racks market?

    North America had the largest share of the global market

    Who are the key players in the automotive roof racks market?

    The key players in the market are Yakima, Inc. (US), JAC Products (US), NEUMANN, SPOL. S R.O. (Czech Republic), Perrycraft (US), ROLA (Australia).

    Which materials led the automotive roof racks market?

    The aluminium alloy category dominated the market in 2022.

    Which type had the largest market share in the automotive roof racks market?

    The roof mount racks had the largest share of the global market.

    Automotive Roof Racks Market Research Report—Global Forecast till 2032 Infographic
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