The Car Rack Market is witnessing steady growth driven by increasing demand for efficient and versatile vehicle storage solutions. Car racks are external accessories designed to carry luggage, bicycles, skis, surfboards, and other equipment, optimizing vehicle space and enhancing travel convenience. These systems allow drivers to transport bulky items without compromising passenger comfort or interior safety. The growing popularity of outdoor sports, adventure tourism, and recreational activities has significantly boosted the adoption of car racks across global markets. Moreover, the rise in road trips and family vacations is fueling the need for advanced, durable, and easy-to-install rack systems. Leading manufacturers are innovating with aerodynamic designs, lightweight materials, and universal mounting systems to improve efficiency and performance.
One of the key drivers of the Car Rack Market is the rising popularity of outdoor and adventure sports globally. As cycling, skiing, and camping gain traction among consumers, the need for efficient cargo management solutions is increasing. Car racks offer flexibility for travelers to transport sports equipment and luggage, supporting the growth of this segment. Additionally, increasing disposable incomes and the expansion of car accessory retail networks are accelerating market adoption. A major opportunity lies in the integration of smart and modular car racks. Manufacturers are focusing on designing racks with aerodynamic profiles, quick-release systems, and compatibility with electric and hybrid vehicles. The trend toward sustainable materials and eco-friendly coatings also presents lucrative opportunities for innovation. Additionally, growing demand from emerging economies in Asia-Pacific and Latin America creates potential for product expansion and regional growth.
Car Rack Market, Segmentation
The Car Rack Market is segmented on the basis of Type, Material, and Application.
Type
- The Type segment is further classified into Roof Rack, Hitch Rack, Trunk Rack, and Spare Tire Rack. Among these, the Roof Rack sub-segment accounted for the highest market share in 2024. Roof racks are widely adopted due to their high load capacity and compatibility with most vehicle types. Their ability to securely hold bicycles, skis, and cargo boxes makes them a preferred choice for travelers and adventure enthusiasts. The rise in off-road and leisure travel further strengthens this segment’s growth.
Material
- The Material segment is further classified into Aluminum, Steel, and Composite Materials. Among these, the Aluminum sub-segment accounted for the highest market share in 2024. Aluminum racks are lightweight, corrosion-resistant, and offer superior strength-to-weight ratios, making them ideal for long-distance travel. Their growing use in premium vehicles and electric cars enhances performance efficiency and aligns with the trend toward fuel economy and sustainability.
Some of the Leading/Active Market Players Are
• Thule Group (Sweden)
• Yakima Products Inc. (U.S.)
• Rhino-Rack (Australia)
• KAMEI GmbH (Germany)
• Allen Sports USA (U.S.)
• Saris Equipment (U.S.)
• Atera GmbH (Germany)
• Cruzber SA (Spain)
• Malone Auto Racks (U.S.)
• Perrycraft Inc. (U.S.)
• Car Mate Mfg Co. Ltd (Japan)
• Mont Blanc Group AB (Sweden)
• JAC Products (U.S.)
• VDL Hapro (Netherlands)
• Hapro (Netherlands)
and other active players.
Key Industry Developments
- In June 2024, Thule Group launched a new range of aerodynamic roof racks with integrated lighting and noise-reduction technology. These innovations enhance driver visibility and vehicle efficiency while reducing wind resistance, catering to eco-conscious consumers and electric vehicle owners.
- In February 2025, Yakima Products announced a strategic partnership with leading e-commerce platforms in Asia-Pacific to expand its online retail footprint. This move aims to strengthen its market presence in emerging economies where outdoor recreation and vehicle customization are rapidly growing.
Key Findings of the Study
• Roof Racks dominate the market by type.
• Aluminum is the most preferred material segment.
• North America and Europe lead in market share due to high adoption rates.
• Growth driven by outdoor sports and travel lifestyle trends.
• Smart, modular, and aerodynamic designs gaining momentum.
