Market Overview:
The global automotive luggage carrier market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for commercial vehicles and passenger cars across the globe. The global automotive luggage carrier market has been segmented on the basis of type, application and region. On the basis of type, the market has been segmented into aluminum alloy, composite plastic and others. Composite plastic is expected to account for a major share of the global automotive luggage carrier market owing to its properties such as light weight and durability. On the basis of application, commercial vehicle accounted for a major share in 2017 and is expected to dominate during forecast period due rising demand from logistics sector across globe .
Product Definition:
An automotive luggage carrier is a rack that attaches to the roof of a car and can be used to carry luggage, camping gear, or other items. These carriers are often adjustable and can be configured to fit a variety of vehicles. They are important for carrying extra cargo, which can free up space in the car for passengers.
Aluminum Alloy:
Aluminum alloys find wide application in the automotive industry. The growth of this industry is projected to drive the demand for aluminum alloys over the forecast period. Aluminum is a relatively new metal, having been isolated only since 1803; however, its widespread use can be seen today in various forms and applications across almost every sector of modern technology. It has found its largest application in transportation due to light weight and high strength properties that make it ideal for vehicle manufacturing purposes.
Composite Plastic:
Composite plastic is a type of plastic that consists of two or more types of polymer resin blended together. The most common types are Polyester and nylon-based composites. They offer several advantages over conventional plastics such as high impact resistance, better chemical resistance, and greater stiffness among others.
Application Insights:
The passenger car application segment led the global automotive luggage carrier market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing production of passenger cars in emerging economies including China, India and Brazil on account of increasing disposable income among consumers coupled with easy availability of credit. Furthermore, rising demand for small size lightweight vehicles is expected to propel industry expansion over the coming years.
The commercial vehicle application segment accounted for a share of 33.3% in 2017 owing to growing demand from construction companies operating across various regions including North America and Europe for customized designed carriers based on specific requirements such as durability, strength.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in terms of revenue and is anticipated to witness significant growth over the forecast period owing to increasing automobile production across key markets including China, India, Japan, Thailand, Indonesia among others.
The growing trend of car rental services has led consumers from emerging economies such as China and India who have just purchased premium cars with luxurious interiors are renting low cost basic ones for long trips outstation thus making it convenient for them. This trend is projected to bode well for regional growth during the forecast period.
Europe was estimated as being worth USD X billion in 2017 owing to high demand from Germany which accounted for a major share followed by U.K.
Growth Factors:
- Increasing demand for automotive luggage carriers from the tourism sector as it offers convenience and security to travelers.
- Growing popularity of SUVs and other large vehicles that offer more space for storage, making automotive luggage carriers a necessity for these vehicle types.
- The increasing number of women drivers who prefer using automotive luggage carriers to store their belongings while driving instead of leaving them in the car's interior where they are vulnerable to theft or damage.
- The rising number of online purchases, which has led to an increase in the demand for automotive luggage carriers as they provide a safe and secure way to transport goods purchased online from one location to another.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Luggage Carrier Market Research Report
By Type
Aluminum Alloy, Composite Plastic, Others
By Application
Commercial Vehicle, Passenger Car
By Companies
Thule, Yakima, Allen Sports, Rhino Rack, Curt, Smitty Bilt, Malone Auto Racks, Kuat Car Racks, Right Line Gear, Saris, Bike Rack Company, Roof Box
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Luggage Carrier Market Report Segments:
The global Automotive Luggage Carrier market is segmented on the basis of:
Types
Aluminum Alloy, Composite Plastic, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Vehicle, Passenger Car
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Thule
- Yakima
- Allen Sports
- Rhino Rack
- Curt
- Smitty Bilt
- Malone Auto Racks
- Kuat Car Racks
- Right Line Gear
- Saris
- Bike Rack Company
- Roof Box
Highlights of The Automotive Luggage Carrier Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Aluminum Alloy
- Composite Plastic
- Others
- By Application:
- Commercial Vehicle
- Passenger Car
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Luggage Carrier Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An automotive luggage carrier is a device that attaches to the back of a car and holds luggage. It can be used while driving, or when parked.
Some of the key players operating in the automotive luggage carrier market are Thule, Yakima, Allen Sports, Rhino Rack, Curt, Smitty Bilt, Malone Auto Racks, Kuat Car Racks, Right Line Gear, Saris, Bike Rack Company, Roof Box.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Luggage Carrier Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Luggage Carrier Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Luggage Carrier Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Luggage Carrier Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Luggage Carrier Market Size & Forecast, 2018-2028
4.5.1 Automotive Luggage Carrier Market Size and Y-o-Y Growth
4.5.2 Automotive Luggage Carrier Market Absolute $ Opportunity
Chapter 5 Global Automotive Luggage Carrier Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive Luggage Carrier Market Size Forecast by Type
5.2.1 Aluminum Alloy
5.2.2 Composite Plastic
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Luggage Carrier Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive Luggage Carrier Market Size Forecast by Applications
6.2.1 Commercial Vehicle
6.2.2 Passenger Car
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Luggage Carrier Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Luggage Carrier Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive Luggage Carrier Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Luggage Carrier Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive Luggage Carrier Market Size Forecast by Type
9.6.1 Aluminum Alloy
9.6.2 Composite Plastic
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive Luggage Carrier Market Size Forecast by Applications
9.10.1 Commercial Vehicle
9.10.2 Passenger Car
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive Luggage Carrier Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Luggage Carrier Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive Luggage Carrier Market Size Forecast by Type
10.6.1 Aluminum Alloy
10.6.2 Composite Plastic
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive Luggage Carrier Market Size Forecast by Applications
10.10.1 Commercial Vehicle
10.10.2 Passenger Car
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive Luggage Carrier Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Luggage Carrier Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive Luggage Carrier Market Size Forecast by Type
11.6.1 Aluminum Alloy
11.6.2 Composite Plastic
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive Luggage Carrier Market Size Forecast by Applications
11.10.1 Commercial Vehicle
11.10.2 Passenger Car
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive Luggage Carrier Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Luggage Carrier Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive Luggage Carrier Market Size Forecast by Type
12.6.1 Aluminum Alloy
12.6.2 Composite Plastic
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive Luggage Carrier Market Size Forecast by Applications
12.10.1 Commercial Vehicle
12.10.2 Passenger Car
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive Luggage Carrier Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Luggage Carrier Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive Luggage Carrier Market Size Forecast by Type
13.6.1 Aluminum Alloy
13.6.2 Composite Plastic
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive Luggage Carrier Market Size Forecast by Applications
13.10.1 Commercial Vehicle
13.10.2 Passenger Car
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Luggage Carrier Market: Competitive Dashboard
14.2 Global Automotive Luggage Carrier Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thule
14.3.2 Yakima
14.3.3 Allen Sports
14.3.4 Rhino Rack
14.3.5 Curt
14.3.6 Smitty Bilt
14.3.7 Malone Auto Racks
14.3.8 Kuat Car Racks
14.3.9 Right Line Gear
14.3.10 Saris
14.3.11 Bike Rack Company
14.3.12 Roof Box
