Market Overview:
The global car cargo box market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for passenger vehicles and commercial vehicles across the globe. In terms of type, the roundness segment is expected to dominate the global car cargo box market during the forecast period, followed by square type. The roundness segment is projected to grow at a CAGR of 6% during 2018-2030, while square type is projected to grow at a CAGR of 4%. Passenger vehicle application dominates the global car cargo box market and it accounted for more than 60% share in 2017.
Product Definition:
A car cargo box is a storage container that attaches to the roof of a car, typically using rails or tracks. These boxes are often used to store items such as luggage, camping gear, or sporting equipment. They can be opened from either the front or back of the vehicle, and some models have built-in locks for security. Car cargo boxes are an important accessory for people who regularly transport large items or need extra storage space while on vacation.
Roundness:
Roundness is a property of cargo boxes that determine the minimum radius required around the exterior wall in order to ensure proper fit. The greater the roundness, the easier it will be to form a perfect fit for your car. Cargo boxes with higher roundness offer better protection and are more durable as they have fewer sharp edges.
The global car cargo box market size was valued at USD 3,47 billion in 2016.
Square:
The square is a new term in the cargo box industry. It basically means that the size of each side of the cargo box (length and width) must be equal. In other words, if we compare a car with four doors that has 40ft length and 8ft height then it will have 80 sq ft of usable space inside which can be divided into four 30 ft x 8 ft areas or two 20 ft x 10ft areas or one 10ft x 20FT area etc.
Application Insights:
The passenger vehicle segment held the largest share of over 70.0% in 2017. The demand for car cargo boxes is significantly higher in developed regions such as North America and Europe than developing regions such as Asia Pacific and Latin America. This can be attributed to the fact that most of the passenger vehicles are manufactured in these regions which leads to increased demand for car cargo box globally.
The commercial vehicle segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to an increase in logistics activities across various industries, including automotive, consumer goods, medical devices and pharmaceuticals among others which require secure transportation solutions for their shipments/transports internationally or within countries thereby contributing towards increased market penetration globally over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of increasing foreign investments coupled with rising disposable income of consumers and improved standard of living.
The growing automotive industry, especially in China, India, Japan and South Korea is anticipated to have a positive impact on the demand for cargo boxes over the next eight years. Moreover, increasing road infrastructure spending by governments across various countries including China and India are likely to boost automobile sales which will further propel product demand during the forecast period.
Europe accounted for more than 20% share in terms of volume owing to high acceptance levels among users regarding safety features incorporated into vehicles such as rollover protection bars installed above roof racks or load securing devices provided as an option with certain commercial vehicle models manufactured by prominent players such as Mercedes Benz AG & Co., Volkswagen Group (Poland) JV or Ford-Werke GmbH (Germany).
Growth Factors:
- Increasing demand for cars due to rising income levels and urbanization in developing countries
- Growing popularity of cargo boxes as a means of transporting goods, especially in the e-commerce sector
- Technological advancements that have led to the development of more efficient and durable cargo boxes
- Rising environmental awareness among consumers, which has led to an increase in the use of car cargo boxes as a way to reduce carbon emissions
- Government initiatives and regulations that promote the use of car cargo boxes as a means for reducing traffic congestion
Scope Of The Report
Report Attributes
Report Details
Report Title
Car Cargo Box Market Research Report
By Type
Roundness, Square
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
akima, Thule Group, Magna International Inc, AJANTA ENTERPRISE, Atera GmbH, SportRack, KüatRacks, RoofBag, Boatbox, Malone Auto Racks, Rhino-Rack USA
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
208
Number of Tables & Figures
146
Customization Available
Yes, the report can be customized as per your need.
Global Car Cargo Box Market Report Segments:
The global Car Cargo Box market is segmented on the basis of:
Types
Roundness, Square
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
Passenger Vehicle, Commercial Vehicle
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:
- akima
- Thule Group
- Magna International Inc
- AJANTA ENTERPRISE
- Atera GmbH
- SportRack
- KüatRacks
- RoofBag
- Boatbox
- Malone Auto Racks
- Rhino-Rack USA
Highlights of The Car Cargo Box 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:
- Roundness
- Square
- By Application:
- Passenger Vehicle
- Commercial Vehicle
- 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 Car Cargo Box 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
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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?
A cargo box is a specialized container that is designed to carry goods. Cargo boxes are typically used for transporting items such as furniture, tools, or cars.
Some of the major players in the car cargo box market are akima, Thule Group, Magna International Inc, AJANTA ENTERPRISE, Atera GmbH, SportRack, K¼atRacks, RoofBag, Boatbox, Malone Auto Racks, Rhino-Rack USA.
The car cargo box market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Car Cargo Box 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 Car Cargo Box Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Car Cargo Box 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 Car Cargo Box 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 Car Cargo Box Market Size & Forecast, 2018-2028 4.5.1 Car Cargo Box Market Size and Y-o-Y Growth 4.5.2 Car Cargo Box Market Absolute $ Opportunity
Chapter 5 Global Car Cargo Box 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 Car Cargo Box Market Size Forecast by Type
5.2.1 Roundness
5.2.2 Square
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Car Cargo Box 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 Car Cargo Box Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Car Cargo Box 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 Car Cargo Box 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 Car Cargo Box Analysis and Forecast
9.1 Introduction
9.2 North America Car Cargo Box 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 Car Cargo Box Market Size Forecast by Type
9.6.1 Roundness
9.6.2 Square
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 Car Cargo Box Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Commercial Vehicle
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 Car Cargo Box Analysis and Forecast
10.1 Introduction
10.2 Europe Car Cargo Box 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 Car Cargo Box Market Size Forecast by Type
10.6.1 Roundness
10.6.2 Square
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 Car Cargo Box Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Commercial Vehicle
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 Car Cargo Box Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Car Cargo Box 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 Car Cargo Box Market Size Forecast by Type
11.6.1 Roundness
11.6.2 Square
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 Car Cargo Box Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Commercial Vehicle
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 Car Cargo Box Analysis and Forecast
12.1 Introduction
12.2 Latin America Car Cargo Box 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 Car Cargo Box Market Size Forecast by Type
12.6.1 Roundness
12.6.2 Square
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 Car Cargo Box Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Commercial Vehicle
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) Car Cargo Box Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Car Cargo Box 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) Car Cargo Box Market Size Forecast by Type
13.6.1 Roundness
13.6.2 Square
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) Car Cargo Box Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Commercial Vehicle
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 Car Cargo Box Market: Competitive Dashboard
14.2 Global Car Cargo Box Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 akima
14.3.2 Thule Group
14.3.3 Magna International Inc
14.3.4 AJANTA ENTERPRISE
14.3.5 Atera GmbH
14.3.6 SportRack
14.3.7 KüatRacks
14.3.8 RoofBag
14.3.9 Boatbox
14.3.10 Malone Auto Racks
14.3.11 Rhino-Rack USA