Car Rack Market - Growth, Trends, COVID -19 Impact, and Forecast (2022 - 2027)

The Car Rack Market is Segmented by Application Type (Roof Rack, Roof Box, Bike Car Rack, Ski Rack, and Watersport Carrier) and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The report offers market size and forecast in value (USD million) for all the above segments.

Market Snapshot

car rack market
Study Period: 2018-2027
Base Year: 2021
Fastest Growing Market: Asia-Pacific
Largest Market: North America
CAGR: 5.46 %
automotive roof racks market growth

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Market Overview

The car rack market was valued at USD 1213.47 million in 2021. It is projected to reach USD 1668.3 million by 2027, registering a CAGR of 5.46% during the forecast period (2022-2027).

With COVID-19 severely impacting the transport and mobility sector, the manufacturing and movement of automobiles came to a standstill. Consequently, the small or large companies in the car roof rack business suffered significantly. Post COVID-19, with the increasing demand for regular recreational activities and health benefits, the need for mountain biking and ski trips may increase, which may increase the demand for more car racks and rooftop mounts that are dependable, thus increasing the market value.

The demand for additional baggage space and the growing excitement for leisure activities and tourism are the primary reasons driving the market's growth. Quality (rust and corrosion in low-quality racks) and pricing difficulties (factors impacting the price, such as product expenses like building material/raw material, roof rack type, and brand) may limit the market's growth.

The introduction of more compact SUVs with greater practicality and increased vehicular capabilities and an increased number of highly capable automobiles for off-roading are driving the car rack market, as these factors will substantially improve the application of roof racks.

Scope of the Report

The car rack market report covers the latest trends, COVID-19 impact, and technological developments. The scope of the report covers application type and geography.

By application type, the market is segmented into roof rack, roof box, bike car rack, ski rack, and watersport carrier.

By geography, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.

By Application Type
Roof Rack
Roof Box
Bike Car Rack
Ski Rack
Watersport Carrier
By Geography
North America
United States
Rest of North America
United Kingdom
Rest of Europe
Rest of Asia-Pacific
Rest of the World
South Africa
Other Countries

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Key Market Trends

Roof Rack Segment is Expected to Grow at a Faster rate During the Forecast Period

The roof rack segment of the car rack market is expected to gain significance over the forecast period, owing to the increasing use of campers and off-road vehicles. With rising off-road vehicle users and SUV sales, the need for roof racks is expected to increase.

In 2021, SUVs accounted for about 45.9% of the total passenger car sales worldwide, growing by 4% from the previous year, indicating the high potential for off-road applications and increased use of roof racks for long-distance traveling purposes across the world. Also, an estimated 200 million SUVs were in operation in 2021, indicating the high potential for these vehicles and roof racks for traveling.

Several OEMs are also implementing various techniques for passenger comfort and roof rack utility in their models. For instance,

  • In July 2021, Dongfeng Yueda Kia Motors launched the Sportage Ace compact crossover SUV. With a minor change to the Sportage, the vehicle is available in five versions and measures 4,530 mm long, 1,850 mm wide, and 1,700 mm. It comes with a roof rack.
  • Ford Motor Company’s Transit commercial van models are expected to be released in 2022. They are equipped with LED-lit roof racks. Although roof racks are very desirable models for traveling and various utility purposes, the lack of proper protection from environmental factors restrains these objects to be mounted on top of vehicles.
automotive roof racks market

North America is Likely to Dominate the Market

The car rack market in North America is expected to dominate the overall market during the forecast period. Some of the major factors driving the growth of the US market are the growing demand for vehicles from the tourism sector (car rental and taxi services), increasing demand for recreational vehicles (rising demand for recreational travels among consumers), and a large number of young people moving out to different cities in the United States for studies and work.

The share of leisure trips in the United States was valued at more than 86% of the total tourism in 2021, indicating the huge potential for quality roof racks to be mounted on vehicles. Bicycling and hiking have been voted as the third and fifth most popular outdoor activities preferred by Canadian citizens, which usually require standard car roof racks to mount various equipment and bicycles. This factor further increases the need for car rack equipment in the country.

Although there was a decline in the number of users due to the pandemic, the packaged holidays and vacation rentals segment of Canadian tourism observed a steep rise in the users in 2021, pointing toward an expected increase in the need for multipurpose vehicles equipped with car racks for traveling needs.

With the presence of renowned roof rack manufacturers like Yakima, Allen Group, and Saris Group in the country, the use of roof racks is expected to be the highest during the forecast period. Therefore, such factors are expected to boost the North American car rack market during the forecast period.

automotive roof racks industry

Competitive Landscape

The car rack market is moderately consolidated with several major and local players. Manufacturers are looking at different and innovative designs to be installed onto vehicles that consume less space and are more practical in design aspects. They are focusing on various growth strategies, such as product developments, partnerships, and collaborations, to strengthen their position in the market. For instance,

  • Thule added a second North American brand store with a new location in Canada. This new retail store will offer local Canadian customers a first-of-its-kind shopping experience by showcasing Thule’s product categories in one space. The new Thule Store Vancouver opened in December 2021.

Some of the major market players are Thule Group AB, Yakima Products Inc., Rhino-Rack USA LLC, Car Mate Mfg. Co. Ltd, and Cruzber.

Major Players

  1. Thule Group AB

  2. Yakima Products Inc.

  3. Rhino-Rack USA LLC

  4. Cruzber

  5. Car Mate Mfg. Co. Ltd

Thule Group, Yakima Products Inc., Allen Sports,  Rhino-Rack USA LLC, Cruzber SA, ACPS Automotive GmbH, Malone Auto Racks, Kuat Car Racks, Car Mate Mfg Co. Ltd

Recent Developments

  • In November 2021, CRUZ launched the new magnetic ski rack, CRUZ Ski Roof. The new CRUZ Ski Roof is a universal magnetic ski rack that can carry up to three pairs of skis or two snowboards. Its assembly is easy and safe, and it is not necessary to use tools. The magnetic base has special protection to avoid damaging the vehicle's paint. The new CRUZ Ski Roof is manufactured with specific materials to ensure its correct operation under cold winter conditions.
  • In July 2021, ACPS Automotive's Querétaro production and development site in Mexico was honored with the GM Supplier Quality Excellence Award 2020. The GM Supplier Quality Excellence Award is a prestigious award presented annually to selected General Motors suppliers worldwide.

Table of Contents


    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study




    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Industry Attractiveness - Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry


    1. 5.1 By Application Type

      1. 5.1.1 Roof Rack

      2. 5.1.2 Roof Box

      3. 5.1.3 Bike Car Rack

      4. 5.1.4 Ski Rack

      5. 5.1.5 Watersport Carrier

    2. 5.2 By Geography

      1. 5.2.1 North America

        1. United States

        2. Canada

        3. Rest of North America

      2. 5.2.2 Europe

        1. Germany

        2. United Kingdom

        3. France

        4. Italy

        5. Rest of Europe

      3. 5.2.3 Asia-Pacific

        1. China

        2. India

        3. Japan

        4. Rest of Asia-Pacific

      4. 5.2.4 Rest of the World

        1. Brazil

        2. South Africa

        3. Other Countries


    1. 6.1 Vendor Market Share

    2. 6.2 Company Profiles

      1. 6.2.1 Thule Group

      2. 6.2.2 Yakima Products Inc.

      3. 6.2.3 Allen Sports

      4. 6.2.4 Rhino-Rack USA LLC

      5. 6.2.5 Cruzber SA

      6. 6.2.6 ACPS Automotive GmbH

      7. 6.2.7 Malone Auto Racks

      8. 6.2.8 Kuat Car Racks

      9. 6.2.9 Car Mate Mfg Co. Ltd

      10. 6.2.10 Saris

    3. *List Not Exhaustive

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Frequently Asked Questions

The Car Rack Market market is studied from 2018 - 2027.

The Car Rack Market is growing at a CAGR of 5.46% over the next 5 years.

The Car Rack Market is valued at 1213 Million USD in 2018.

The Car Rack Market is valued at 1668 Million USD in 2027.

Asia-Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2021.

Thule Group AB, Yakima Products Inc., Rhino-Rack USA LLC, Cruzber, Car Mate Mfg. Co. Ltd are the major companies operating in Car Rack Market.

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