Market Overview:
The global hard tonneau cover market is estimated to be valued at US$ 1,362.8 Mn in 2018 and is projected to register a CAGR of 5.5% over the forecast period (2018–2030) to reach a value of US$ 2,023.4 Mn by 2030. Hard tonneau covers are used as a protective covering for the cargo bed of pickup trucks and are available in different types such as tri-fold, folded and other types. The demand for hard tonneau covers is mainly driven by the increasing sales of pickup trucks across the globe. In terms of type, the tri-fold segment is expected to account for a major share of the global hard tonneau cover market during 2018–2030 owing to its easy installation and low cost as compared to other types such as folded and others segments.
Product Definition:
A hard tonneau cover is a type of truck bed cover that is made from a solid piece of material, such as metal or plastic. Hard tonneau covers are often more expensive than other types of truck bed covers, but they offer several advantages. First, they are typically very sturdy and can provide protection for the contents of your truck bed. Second, they can improve the aerodynamics of your vehicle and help you save fuel. Finally, many hard tonneau covers can be opened completely so that you have full access to your truck bed when needed.
Folded:
The tonneau cover is a part of the automotive accessories that is used to cover the bed of pickup trucks and van. It helps in protecting the cargo from rain, dust, and sun. The market for tonneau covers has been experiencing growth for many years on account of its utility in providing protection against bad weather conditions that can easily get into the vehicle through open beds.
Tri-Fold:
Tri-fold tonneau cover is a type of hard tonneau cover that consists of three layers. The outer layer is made up of metal and the middle layer consists of soft material such as foam. The third layer which is located in the center provides support to both layers on either side. This product has several advantages over traditional hard tonneau covers including ease in installation, better protection from elements, and increased stability due to its sturdy structure.
Application Insights:
The full-size pickup trucks application segment accounted for the largest revenue share of over 60% in 2017. The growth is attributed to the increasing demand for tonneau covers by full-sized pick up truck owners, especially in countries such as U.S., Canada, Brazil, Mexico and Australia among others where these vehicles are preferred as they provide enhanced protection against harsh weather conditions.
The small/midsize pickups segment is expected to witness significant growth over the forecast period owing to rising product demand from consumers opting for smaller sized trucks while choosing their vehicle counterparts. These covers offer ease of use along with an attractive appearance that helps enhance curb appeal when installed on a vehicle bed thus resulting in increased sales across the globe.
Luxury pickup trucks are gaining popularity across various regions due to growing consumer preference towards highly personalized vehicles equipped with all necessary bells.
Regional Analysis:
North America dominated the global hard tonneau cover market in 2017. The region is expected to witness a growth rate of 4.8% over the forecast period, owing to increasing demand for pickup trucks and large SUVs in countries such as the U.S., Canada, and Mexico. Moreover, rising consumer preference for premium vehicles with enhanced safety features is anticipated to drive product demand over the next eight years.
Asia Pacific is projected to be one of the fastest-growing regions during the forecast period owing to rapid urbanization.
Growth Factors:
- Increasing demand for hard tonneau covers from the automotive sector as a result of their growing popularity for styling and functionality purposes.
- The increasing trend of customization in the automotive industry is also expected to drive demand for hard tonneau covers, as they offer a wide range of customization options.
- Growing awareness about the benefits offered by hard tonneau covers, such as improved fuel efficiency, security, and style, is likely to boost market growth over the forecast period.
- Rising disposable income levels among consumers in developing countries are anticipated to create lucrative opportunities for market players operating in the Hard Tonneau Cover market over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hard Tonneau Cover Market Research Report
By Type
Folded, Tri-Fold, Other
By Application
Full-Size Pickups, Small/Midsize Pickups, Luxury Pickup Trucks
By Companies
Truck Hero, BAK Industries, MZW, Bestop, SnugTop, Lund International, Rugged Liner, Agri-Cover, DiamondBack, Truck Covers, TruXmart, American Tonneau Company
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Hard Tonneau Cover Market Report Segments:
The global Hard Tonneau Cover market is segmented on the basis of:
Types
Folded, Tri-Fold, Other
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
Full-Size Pickups, Small/Midsize Pickups, Luxury Pickup Trucks
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:
- Truck Hero
- BAK Industries
- MZW
- Bestop
- SnugTop
- Lund International
- Rugged Liner
- Agri-Cover
- DiamondBack
- Truck Covers
- TruXmart
- American Tonneau Company
Highlights of The Hard Tonneau Cover 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:
- Folded
- Tri-Fold
- Other
- By Application:
- Full-Size Pickups
- Small/Midsize Pickups
- Luxury Pickup Trucks
- 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 Hard Tonneau Cover 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
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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 hard tonneau cover is a type of car cover that is made from a tough, durable material. It is designed to protect your car from the elements and scratches.
Some of the major players in the hard tonneau cover market are Truck Hero, BAK Industries, MZW, Bestop, SnugTop, Lund International, Rugged Liner, Agri-Cover, DiamondBack, Truck Covers, TruXmart, American Tonneau Company.
The hard tonneau cover market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hard Tonneau Cover Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hard Tonneau Cover Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hard Tonneau Cover Market - Supply Chain
4.5. Global Hard Tonneau Cover Market Forecast
4.5.1. Hard Tonneau Cover Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hard Tonneau Cover Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hard Tonneau Cover Market Absolute $ Opportunity
5. Global Hard Tonneau Cover Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hard Tonneau Cover Market Size and Volume Forecast by Type
5.3.1. Folded
5.3.2. Tri-Fold
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hard Tonneau Cover Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hard Tonneau Cover Market Size and Volume Forecast by Application
6.3.1. Full-Size Pickups
6.3.2. Small/Midsize Pickups
6.3.3. Luxury Pickup Trucks
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hard Tonneau Cover Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hard Tonneau Cover Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hard Tonneau Cover Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hard Tonneau Cover Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hard Tonneau Cover Demand Share Forecast, 2019-2026
9. North America Hard Tonneau Cover Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hard Tonneau Cover Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hard Tonneau Cover Market Size and Volume Forecast by Application
9.4.1. Full-Size Pickups
9.4.2. Small/Midsize Pickups
9.4.3. Luxury Pickup Trucks
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hard Tonneau Cover Market Size and Volume Forecast by Type
9.7.1. Folded
9.7.2. Tri-Fold
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hard Tonneau Cover Demand Share Forecast, 2019-2026
10. Latin America Hard Tonneau Cover Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hard Tonneau Cover Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hard Tonneau Cover Market Size and Volume Forecast by Application
10.4.1. Full-Size Pickups
10.4.2. Small/Midsize Pickups
10.4.3. Luxury Pickup Trucks
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hard Tonneau Cover Market Size and Volume Forecast by Type
10.7.1. Folded
10.7.2. Tri-Fold
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hard Tonneau Cover Demand Share Forecast, 2019-2026
11. Europe Hard Tonneau Cover Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hard Tonneau Cover Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hard Tonneau Cover Market Size and Volume Forecast by Application
11.4.1. Full-Size Pickups
11.4.2. Small/Midsize Pickups
11.4.3. Luxury Pickup Trucks
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hard Tonneau Cover Market Size and Volume Forecast by Type
11.7.1. Folded
11.7.2. Tri-Fold
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Tpe
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hard Tonneau Cover Demand Share, 2019-2026
12. Asia Pacific Hard Tonneau Cover Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hard Tonneau Cover Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hard Tonneau Cover Market Size and Volume Forecast by Application
12.4.1. Full-Size Pickups
12.4.2. Small/Midsize Pickups
12.4.3. Luxury Pickup Trucks
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hard Tonneau Cover Market Size and Volume Forecast by Type
12.7.1. Folded
12.7.2. Tri-Fold
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hard Tonneau Cover Demand Share, 2019-2026
13. Middle East & Africa Hard Tonneau Cover Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hard Tonneau Cover Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hard Tonneau Cover Market Size and Volume Forecast by Application
13.4.1. Full-Size Pickups
13.4.2. Small/Midsize Pickups
13.4.3. Luxury Pickup Trucks
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hard Tonneau Cover Market Size and Volume Forecast by Type
13.7.1. Folded
13.7.2. Tri-Fold
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hard Tonneau Cover Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hard Tonneau Cover Market: Market Share Analysis
14.2. Hard Tonneau Cover Distributors and Customers
14.3. Hard Tonneau Cover Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Truck Hero
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BAK Industries
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. MZW
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Bestop
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SnugTop
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Lund International
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Rugged Liner
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Agri-Cover
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. DiamondBack
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Truck Covers
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. TruXmart
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. American Tonneau Company
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
