Car Top Carrier Market was valued at USD 2.5 Billion in 2022 and is projected to reach USD 4.0 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
However, the Car Top Carrier market saw some fluctuations due to external factors such as the COVID-19 pandemic, which initially disrupted production and supply chains. Despite these challenges, the market rebounded in 2021 and 2022 as travel restrictions were eased, and consumers resumed traveling. Additionally, innovations in aerodynamics and fuel efficiency in carrier designs began to play a more significant role in consumer decision-making, with many buyers opting for carriers that were not only spacious but also optimized for fuel economy.
Looking ahead, from 2023 to 2033, the Car Top Carrier market is expected to continue expanding, albeit at a more moderate rate compared to the rapid growth observed in the past five years. The post-pandemic boom in outdoor recreation, coupled with a growing emphasis on eco-friendly transportation solutions, is likely to drive demand for lightweight, environmentally friendly car top carriers. Furthermore, innovations in smart carriers equipped with GPS tracking and remote access could contribute to the market's evolution, providing consumers with more convenience and security.
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The global Car Top Carrier market experienced substantial growth from 2018 to 2022, driven by increasing consumer demand for vehicle accessories that enhance storage space and overall utility. Car top carriers, designed to offer added storage capacity for vehicles, became increasingly popular with families, outdoor enthusiasts, and long-distance travelers. According to recent market reports, this period saw a rise in sales as more consumers sought to maximize the carrying capacity of their vehicles for vacations and recreational activities.
Between 2018 and 2022, the market was particularly influenced by key trends like rising disposable income, the growing popularity of road trips, and an increasing interest in outdoor recreational activities such as camping, hiking, and skiing. The availability of various types of carriers, including soft and hard shell models, provided consumers with more options to choose from, based on their specific needs and budget. The demand was also boosted by advancements in materials that made carriers more durable, weather-resistant, and easy to install.
Yakima
Thule Group
Inno
Rhino
VDL Hapro bv
Mont Blanc
ATERA
KAMEI
Prorack
SPORTRACK
Rightline
Swiss Cargo
WeatherTech
RoofBag
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Car Top Carrier Market
OEM
Aftermarket
Based on Types the Market is categorized into Below types that held the largest Car Top Carrier market share In 2023.
Small - 8-12 Cubic Feet
Medium - 12-16 Cubic Feet
Large - 16-20 Cubic Feet
XL - 20+ Cubic Feet
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Car Top Carrier Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Car Top Carrier Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Car Top Carrier Market, By Type
6. Global Car Top Carrier Market, By Application
7. Global Car Top Carrier Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Car Top Carrier Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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