Automotive Roof Rack Market Share

  • Report ID: 2247
  • Published Date: Dec 23, 2024
  • Report Format: PDF, PPT

Automotive Roof Rack Market Share

On the basis of regional analysis, the global automotive roof rack market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.

Asia Pacific industry is anticipated to account for largest revenue share by 2037. Governments across nations in the regions are increasingly boosting up activities that are contributing towards the growth of the tourism industry. Rising expenditure for tourism in the regions is anticipated to raise the demand for vehicles with greater storage space of tourism related activity goods thereby helping to contribute towards the growth of the automotive roof rack market in the region. According to The World Bank, Europe & Central Asia constituted the largest share of 35.63% for tourism expenditure in comparison to the world during the year 2017. It was followed by East Asia & Pacific region with a share of 33.14%.

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Author Credits:  Saima Khursheed


  • Report ID: 2247
  • Published Date: Dec 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of automotive roof rack is estimated at USD 2.66 billion.

Automotive Roof Rack Market size was over USD 2.52 billion in 2024 and is anticipated to cross USD 5.64 billion by 2037, growing at more than 6.4% CAGR during the forecast period i.e., between 2025-2037.

Asia Pacific industry is anticipated to account for largest revenue share by 2037, led by greater share of expenditure for tourism across the region.

The major players in the market are Magna International, Inc., MINTH Group Limited, VDL Hapro bv, Yakima Products, Inc., Atera GmbH, Rhino-Rack USA, LLC, BOSAL, JAC Products, Cruzber S.A., Thule Group, and others.
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