Car Rack Market by Type (Rail raised, Gutter, Roof mount, Other), by Material (Aluminum alloy, Composite plastics, Others) and by Vehicle type (Passenger car, Commercial car): Global Opportunity Analysis and Industry Forecast, 2023 - 2032 The increasing adoption of compact vehicle in travel and tourism industry fueled the demand for car rack market The car rack is a rack fitted on the roof of the motor car to carry luggage, bicycles, and other carriers The car rack allows the user to transport the luggage without compromising on interior space for occupants The components of car rack consist of towers, fitting pieces, crossbars, and gear mounts Moreover, depending on the usage, strength of the luggage, and type of car, the car racks are available in different sizes and materials Besides, car racks do not compromise on safety of passengers Car Rack Market by Type Browse Complete Report Car Rack Market by Type REQUEST SAMPLE Rise in disposable income and changing lifestyle have increased the sales and production of passenger car, which in turn, is propelling the market of car rack market. Additionally, increasing number of tourists around the world is fueling the market of car rack. Besides, growing demand for compact vehicle is further proliferating the demand for car rack. However, decrease in fuel efficiency due to added weight of car rack is restraining the market growth. Furthermore, quality enhancements and innovations are anticipated to drive the market growth. Car Rack Market by Type Roof box is used to free up interior space in vehicle Roof box are large boxes attached on the top of the car Moreover, the roof box provide security to the luggage carried Besides, the roof box provides weather proof storage to the luggage The primary advantage of roof rack is easy attachment and removal Additionally, the roof box has smart features like separate locking and opening functions In 2018 , Thule group unveiled the Thule Vector and Thule Force XT cargo boxes at Automechanika Car Rack Market by Type Connect Analyst Key Benefits • This study presents the analytical depiction of the car rack industry along with the current trends and future estimations to determine the imminent investment pockets • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the market share • The current market is quantitatively analyzed to highlight the growth scenario • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market • The report provides a detailed car rack market analysis based on competitive intensity and how the competition will take shape in coming years Car Rack Market by Type Car Rack Market by Type K ey Segments : By Region • North America • U S • Canada • Europe • UK • Germany • France • Rest of Europe • Latin America • Brazil • Mexico • Rest of LATAM • Asia - Pacific • China • Japan • India • Rest of Asia - Pacific • Middle East • Africa Car Rack Market by Type Segment Overview The demand from consumer is increasing in recent years. To fulfil the demand of consumers, the manufacturers have started plotting strategies to survive in the market. Moreover, the trend of acquisition has gained significant momentum in car rack market. In 2018, Thule group acquired Tepui outdoors, one of the leading roof top tent makers for $9.5 million. The acquisition was aimed to enhance Thule group’s portfolio of products focused on active lifestyle. Besides, in 2019, Thule Group Acquires Fly Fishing Rod Vault Maker Denver Outfitters to attract consumer with an interest in fly fishing. Car Rack Market by Type Key players profiled in the report include • VDL Hapro • Yakima Products Inc. • BOSAL • Cruzber SA • Atera GmbH • MINTH Group Limited • Magna International, Inc. • Allen Sports • Thule Group AB • Rhino - Rack USA LLC Contact: David Correa 1209 Orange Street, Corporation Trust Center , Wilmington, New Castle, Delaware 19801 USA. USA/Canada (Toll Free): +1 - 800 - 792 - 5285 UK: +44 - 845 - 528 - 1300 Hong Kong: +852 - 301 - 84916 India (Pune): +91 - 20 - 66346060 Fax: +1 - 800 - 792 - 5285 help@alliedmarketresearch.com Web: www.alliedmarketresearch.com Allied Market Research Blog: https://blog.alliedmarketresearch.com Follow Us on | Facebook | LinkedIn | YouTube | Car Rack Market by Type Purchase enquiry