Market Overview:
The global truck tonneau covers 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. The soft rolling tonneau cover segment is expected to account for a significant share of the global truck tonneau covers market by 2030 end and register highest CAGR during the forecast period. The North America truck tonneau covers market was estimated at US$ 447.9 Mn in 2018 and is projected to grow at a CAGR of 5% over the forecast period (2018-2030)to reachUS$ 614Mnby 2030 end .
Product Definition:
Tonneau cover is a type of hard or soft cover that is installed on the bed of a pickup truck to protect the cargo.
Hard Folding:
Hard folding tonneau covers are manufactured with high-quality materials and have strong welds for extra durability. These products can withstand harsh environments, which is one of the key factors that attract consumers to purchase this product. The hard folding tonneau cover is made using steel or aluminum and comes with a lifetime warranty on the frame due to its robust construction.
Soft Rolling:
Soft rolling tonneau covers are made of flexible fabric and can be easily installed on the truck bed. It is a great way to cover large or long items that would normally take up space in the bed of a pickup. Soft rolling tonneau covers allow for easy access while driving or parking, as there is no need to remove them when accessing the rear of the truck.
The soft covering also helps protect long cargo from damage caused by road debris.
Application Insights:
OEMs such as Ford, RAM, Chevrolet and Dodge have been offering tonneau covers for their trucks. The OEMs are focusing on building a strong brand image by launching new products with unique designs. For instance, in January 2018, Ford launched a retractable cover of its F-Series Super Duty trucks under the brand name MyColor Earset. This feature helps drivers hear the vehicle¢â‚¬â„¢s alarms and sounds even while wearing headphones or earphones.
The aftermarket segment is expected to expand at the highest CAGR during the forecast period owing to rising demand for replacement tonneau covers due to damage caused by UV rays or from stones flying up due to open windows on highways. Replacement soft rolling tonneaus accounted for over 40% of total revenue share in 2017 whereas hard folding ones contributed around 35%.
Regional Analysis:
The North American region dominated the global truck tonneau covers industry in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing demand for heavy-duty commercial vehicles, stringent safety regulations by government agencies such as Transport Canada and rising consumer awareness about vehicle security features.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing sales of light-duty trucks in this region. Furthermore, growing penetration of aftermarket tonneau covers will boost market development further. Increasing demand for retractable tonneaus from Australia due to increased sale of offroaders will also drive regional product demand shortly. In addition, factors such as changing lifestyle along with high purchasing power are projected favorably impact regional product sales soonest followed by growing automotive manufacturing sector in China & India which has a direct positive influence on overall market development’s final destination address).
Growth Factors:
- Increasing demand for trucks in the commercial sector
- Rising popularity of lifestyle trucks
- Growing demand for custom truck accessories
- Technological advancements in truck tonneau covers manufacturing process
- Increasing awareness about the benefits of using truck tonneau covers
Scope Of The Report
Report Attributes
Report Details
Report Title
Truck Tonneau Covers Market Research Report
By Type
Hard Folding, Soft Rolling, Retractable
By Application
OEM, Aftermarket
By Companies
Truck Hero, TAG, Lund, Mountain Top Industries, Sunwood Industries, Bestop, Jason Caps, Agri-Cover, Rugged Liner, Truckman, CARRYBOY, Gator Cover, DiamondBack, Truck Covers USA, FNHI
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Truck Tonneau Covers Market Report Segments:
The global Truck Tonneau Covers market is segmented on the basis of:
Types
Hard Folding, Soft Rolling, Retractable
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
OEM, Aftermarket
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
- TAG
- Lund
- Mountain Top Industries
- Sunwood Industries
- Bestop
- Jason Caps
- Agri-Cover
- Rugged Liner
- Truckman
- CARRYBOY
- Gator Cover
- DiamondBack
- Truck Covers USA
- FNHI
Highlights of The Truck Tonneau Covers 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:
- Hard Folding
- Soft Rolling
- Retractable
- By Application:
- OEM
- Aftermarket
- 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 Truck Tonneau Covers 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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- 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 truck tonneau cover is a type of car cover that attaches to the back of a pickup truck. It is designed to protect the cargo area from rain, snow, and sun.
Some of the major players in the truck tonneau covers market are Truck Hero, TAG, Lund, Mountain Top Industries, Sunwood Industries, Bestop, Jason Caps, Agri-Cover, Rugged Liner, Truckman, CARRYBOY, Gator Cover, DiamondBack, Truck Covers USA, FNHI.
The truck tonneau covers market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Truck Tonneau Covers 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. Truck Tonneau Covers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Truck Tonneau Covers Market - Supply Chain
4.5. Global Truck Tonneau Covers Market Forecast
4.5.1. Truck Tonneau Covers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Truck Tonneau Covers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Truck Tonneau Covers Market Absolute $ Opportunity
5. Global Truck Tonneau Covers 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. Truck Tonneau Covers Market Size and Volume Forecast by Type
5.3.1. Hard Folding
5.3.2. Soft Rolling
5.3.3. Retractable
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Truck Tonneau Covers 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. Truck Tonneau Covers Market Size and Volume Forecast by Application
6.3.1. OEM
6.3.2. Aftermarket
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Truck Tonneau Covers 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. Truck Tonneau Covers 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 Truck Tonneau Covers 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. Truck Tonneau Covers 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 Truck Tonneau Covers Demand Share Forecast, 2019-2026
9. North America Truck Tonneau Covers 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 Truck Tonneau Covers 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 Truck Tonneau Covers Market Size and Volume Forecast by Application
9.4.1. OEM
9.4.2. Aftermarket
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Truck Tonneau Covers Market Size and Volume Forecast by Type
9.7.1. Hard Folding
9.7.2. Soft Rolling
9.7.3. Retractable
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 Truck Tonneau Covers Demand Share Forecast, 2019-2026
10. Latin America Truck Tonneau Covers 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 Truck Tonneau Covers 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 Truck Tonneau Covers Market Size and Volume Forecast by Application
10.4.1. OEM
10.4.2. Aftermarket
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Truck Tonneau Covers Market Size and Volume Forecast by Type
10.7.1. Hard Folding
10.7.2. Soft Rolling
10.7.3. Retractable
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 Truck Tonneau Covers Demand Share Forecast, 2019-2026
11. Europe Truck Tonneau Covers 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 Truck Tonneau Covers 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 Truck Tonneau Covers Market Size and Volume Forecast by Application
11.4.1. OEM
11.4.2. Aftermarket
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Truck Tonneau Covers Market Size and Volume Forecast by Type
11.7.1. Hard Folding
11.7.2. Soft Rolling
11.7.3. Retractable
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
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 Truck Tonneau Covers Demand Share, 2019-2026
12. Asia Pacific Truck Tonneau Covers 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 Truck Tonneau Covers 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 Truck Tonneau Covers Market Size and Volume Forecast by Application
12.4.1. OEM
12.4.2. Aftermarket
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Truck Tonneau Covers Market Size and Volume Forecast by Type
12.7.1. Hard Folding
12.7.2. Soft Rolling
12.7.3. Retractable
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 Truck Tonneau Covers Demand Share, 2019-2026
13. Middle East & Africa Truck Tonneau Covers 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 Truck Tonneau Covers 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 Truck Tonneau Covers Market Size and Volume Forecast by Application
13.4.1. OEM
13.4.2. Aftermarket
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Truck Tonneau Covers Market Size and Volume Forecast by Type
13.7.1. Hard Folding
13.7.2. Soft Rolling
13.7.3. Retractable
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 Truck Tonneau Covers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Truck Tonneau Covers Market: Market Share Analysis
14.2. Truck Tonneau Covers Distributors and Customers
14.3. Truck Tonneau Covers 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. TAG
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Lund
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Mountain Top Industries
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sunwood Industries
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Bestop
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Jason Caps
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. Rugged Liner
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Truckman
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. CARRYBOY
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Gator Cover
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. DiamondBack
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Truck Covers USA
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. FNHI
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
