Automotive Tire Carrier Market size was valued at USD 4.2 Billion in 2024 and is forecasted to grow at a CAGR of 6.5% from 2026 to 2033, reaching USD 6.8 Billion by 2033.
The global automotive tire carrier market was valued at USD 4.5 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 5.2% from 2023 to 2030. This growth is driven by the increasing adoption of SUVs, crossovers, and off road vehicles, where tire carriers are essential for cargo management and emergency readiness. The rising consumer demand for durable and reliable tire carriers, along with the growing trend of road trips and off roading activities, further supports the markets expansion. The aftermarket sector is expected to witness notable growth as consumers opt for customized tire carriers for enhanced vehicle functionality and style.
Regionally, North America holds the largest market share, accounting for over 35% of the total market in 2022, driven by high vehicle ownership and increasing demand for outdoor recreational activities. Europe follows closely, with significant demand for tire carriers in off road and SUV segments. The Asia Pacific region is expected to experience the highest growth rate during the forecast period, at a CAGR of 6.5%, due to rising automotive production and a growing interest in adventure tourism. The Middle East and Africa, with expanding tourism and off road vehicle culture, also represent key emerging markets for automotive tire carriers, contributing to global market growth.
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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. 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 Automotive Tire Carrier Market
Fixed Tire Carriers
Removable Tire Carriers
Adjustable Tire Carriers
Steel Tire Carriers
Aluminum Tire Carriers
Plastic Tire Carriers
Composite Material Tire Carriers
Passenger Vehicles
Commercial Vehicles
SUVs and Off-Road Vehicles
Motorhomes and Campers
Rear Mount
Roof Mount
Hitch Mount
Bed Mount
Individual Consumers
Fleet Operators
Automotive Repair Shops
Original Equipment Manufacturers (OEMs)
US (United States, US 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 Automotive Tire 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 Automotive Tire Carrier Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Automotive Tire Carrier Market, By Type
6. Global Automotive Tire Carrier Market, By Application
7. Global Automotive Tire Carrier Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Automotive Tire Carrier Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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