Market Overview:
The global car storage bag 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 cars and commercial cars, and the rising awareness about the benefits of using car storage bags. The global car storage bag market is segmented on the basis of type, application, and region. On the basis of type, it is divided into molded and foldable bags. The foldable bags segment is expected to grow at a higher CAGR during the forecast period as they are easy to store and transport. On the basis of application, it is classified into passenger cars, commercial cars, and others (including sports utility vehicles [SUVs], vans, etc.). Passenger cars account for a major share in this market owing to their high demand across different regions worldwide.
Product Definition:
A car storage bag is a container used to store items in a car. The importance of a car storage bag is that it can keep the items in the car organized and help to prevent them from becoming damaged.
Molded:
Molded plastic is a process in which the polymer is formed under controlled conditions. The most common molding methods are injection molding and compression molding. Injection molded products have high production volumes, low tooling costs, and can be customized as per customer requirements.
Foldable:
Foldable is a type of bag that can be converted into a flat shape and then back to its original form. It helps in saving space when not in use and also provides ease of carrying due to its lightweight feature. These bags are mostly used for car storage but they are also used for storing sports equipment, luggage, camping gear, among others. The growing demand for these types of bags due to their convenience is expected to drive the market over the forecast period.
Application Insights:
The passenger car segment accounted for the largest market share of over 60.0% in 2017 and is expected to continue its dominance over the forecast period. The growing demand for passenger cars due to rising income levels, increasing disposable income and population growth is anticipated to drive the demand for storage bags during this period.
The commercial vehicle segment was valued at USD 1,252.3 million in 2017 owing to high product usage across various industries including construction, mining and quarrying as well as transportation among others which require protection of vehicles from dust particles while parking or storing them somewhere overnight. These bags are available with a capacity up to 8 tons which protects vehicles from dirt & dust particles during parking or storing overnight along with providing ease of access inside the vehicle in case it needs maintenance or repair work during such stayovers or if there is a need for cleaning out some debris etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a growing number of vehicle sales in recent years, which has resulted in an increased demand for car storage bags. In addition, increasing investments by manufacturers to develop new models and technological innovations are anticipated to drive the regional market growth over the forecast period.
The Asia Pacific is also home to several emerging economies with developing automotive markets such as China, India, Indonesia and Thailand among others. These countries have been witnessing strong economic growth along with rapid urbanization that has led to an increase in automobile production and sales across these regions thereby driving industry growth.
Growth Factors:
- Increasing demand for cars due to rising income levels and changing lifestyle preferences in developing countries is expected to drive the growth of the car storage bag market.
- The increasing popularity of SUVs and other large vehicles is also anticipated to fuel the demand for car storage bags in the coming years.
- Growing awareness about the benefits of using car storage bags, such as prevention of scratches and damages, is projected to boost market growth over the forecast period.
- Rising number of online retail platforms that offer a wide range of car storage bags at competitive prices is likely to favor market expansion during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Car Storage Bag Market Research Report
By Type
Molded, Foldable
By Application
Passenger Car, Commercial Car, Others
By Companies
Rugged Ridge, Bestop, Smittybilt, Covercraft, Dee Zee, Du-Ha, Go Rhino, Truck Holdings(Omix Ada)
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
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Car Storage Bag Market Report Segments:
The global Car Storage Bag market is segmented on the basis of:
Types
Molded, Foldable
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 Car, Commercial Car, Others
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:
- Rugged Ridge
- Bestop
- Smittybilt
- Covercraft
- Dee Zee
- Du-Ha
- Go Rhino
- Truck Holdings(Omix Ada)
Highlights of The Car Storage Bag 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:
- Molded
- Foldable
- By Application:
- Passenger Car
- Commercial Car
- Others
- 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 Storage Bag 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?
A car storage bag is a type of storage bag that is designed to protect items inside a vehicle. These bags are typically made from durable materials, such as cotton or polyester, and come in different sizes to fit most vehicles. They can be filled with items like clothes, tools, or groceries and then stored in the trunk or under the seat for when you need them.
Some of the major companies in the car storage bag market are Rugged Ridge, Bestop, Smittybilt, Covercraft, Dee Zee, Du-Ha, Go Rhino, Truck Holdings(Omix Ada).
The car storage bag market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Car Storage Bag 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 Storage Bag Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Car Storage Bag 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 Storage Bag 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 Storage Bag Market Size & Forecast, 2020-2028
4.5.1 Car Storage Bag Market Size and Y-o-Y Growth
4.5.2 Car Storage Bag Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Molded
5.2.2 Foldable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Passenger Car
6.2.2 Commercial Car
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Car Storage Bag 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 Storage Bag 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Molded
9.6.2 Foldable
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 Market Size Forecast by Applications
9.10.1 Passenger Car
9.10.2 Commercial Car
9.10.3 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Molded
10.6.2 Foldable
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 Market Size Forecast by Applications
10.10.1 Passenger Car
10.10.2 Commercial Car
10.10.3 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Molded
11.6.2 Foldable
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 Market Size Forecast by Applications
11.10.1 Passenger Car
11.10.2 Commercial Car
11.10.3 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Molded
12.6.2 Foldable
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 Market Size Forecast by Applications
12.10.1 Passenger Car
12.10.2 Commercial Car
12.10.3 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Molded
13.6.2 Foldable
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) Market Size Forecast by Applications
13.10.1 Passenger Car
13.10.2 Commercial Car
13.10.3 Others
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 Storage Bag Market: Competitive Dashboard
14.2 Global Car Storage Bag Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Rugged Ridge
14.3.2 Bestop
14.3.3 Smittybilt
14.3.4 Covercraft
14.3.5 Dee Zee
14.3.6 Du-Ha
14.3.7 Go Rhino
14.3.8 Truck Holdings(Omix Ada)
