Global Bike Racks Market Growth 2023-2029

Global Bike Racks Market Growth 2023-2029

Bike racks are used to carry bikes. They can help protect bikes and provide extra loading options. In the report, the bike racks are only used for cars.
LPI (LP Information)' newest research report, the “Bike Racks Industry Forecast” looks at past sales and reviews total world Bike Racks sales in 2022, providing a comprehensive analysis by region and market sector of projected Bike Racks sales for 2023 through 2029. With Bike Racks sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bike Racks industry.
This Insight Report provides a comprehensive analysis of the global Bike Racks landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bike Racks portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bike Racks market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bike Racks and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bike Racks.
The global Bike Racks market size is projected to grow from US$ 395.5 million in 2022 to US$ 567.4 million in 2029; it is expected to grow at a CAGR of 567.4 from 2023 to 2029.
Market competition is not intense. Thule Group, SARIS CYCLING GROUP, Curt, CAR MATE, Allen Sports, Yakima Products, Atera GmbH, Uebler, Rhino-Rack, Hollywood Racks, VDL Hapro, Mont Blanc Group, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry. The top 3 are Thule Group, SARIS CYCLING GROUP and Curt, with above 30% market shares.
Europe is the largest consumption place, with a consumption market share nearly 36%. Following Europe, USA is the second largest consumption place with the consumption market share of 33%.
This report presents a comprehensive overview, market shares, and growth opportunities of Bike Racks market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Rear & Hitch Bike Racks
Roof Mounted Bike Racks
Others
Segmentation by application
SUV
Truck
Sedan
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Thule Group
SARIS CYCLING GROUP
Curt
CAR MATE
Allen Sports
Yakima Products
Atera GmbH
Uebler
Rhino-Rack
Hollywood Racks
VDL Hapro
Mont Blanc Group
Cruzber
Swagman
Kuat
Alpaca Carriers
RockyMounts
Key Questions Addressed in this Report
What is the 10-year outlook for the global Bike Racks market?
What factors are driving Bike Racks market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Bike Racks market opportunities vary by end market size?
How does Bike Racks break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.