Global Sun Protective Car Covers and Shades Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Sun Protective Car Covers and Shades Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Sun protective car covers are mainly referring to the car covers which are used for sun protective. According to different materials, the shade of effect of these covers are different.

For example, as the most effective car covers materials, heat insulation silver paste is widely used in this fields.

Market Overview:

The latest research study on the global Sun Protective Car Covers and Shades market finds that the global Sun Protective Car Covers and Shades market reached a value of USD 157250.72 million in 2022. It’s expected that the market will achieve USD 218244.22 million by 2028, exhibiting a CAGR of 5.61% during the forecast period.

The growth of the Sun Protective Car Covers and Shades market is largely driven by downstream consumptions. In developing countries, with the development of economy, the improvement of living standards, a large amount of middle class is rising. People's pursuit of more convenient, higher level of life will promote the consumption of automobiles. What is more, the technology advance, the entrance of international large enterprises, the growth of local businesses, climate factors in some regions, will also promote the sale of Sun Protective Car Covers and Shades. In developed countries have a good awareness of high standard life culture, have good power and habits of consumption of automobiles. However, increasing parks, low price competition, lack of innovation will be the limiting factor of this industry.

Limitations and Substitutes Threat

The limitations include the following factors:

(1) Increased parks from different regions supported by the government, which will be the substitute of car sun protection cover and shades.
(2) The unbalanced development in different regions, for example, the production is mainly in US and Asia; besides, it is influenced a lot by the local climate.
(3) Lack of technology innovation and lack of industry talent;
(4) Sharing economy, reduce the automobile sales market, which indirectly affected the sun protection cover and shade of cars market.
(4) At present, the market is oversupply.

Opportunities

(1) The potential market exists in the tropics regions, such as the countries which is on both sides of the equator. People there are more likely to need a cover or shade to protect their vehicle from the irradiation of the sun.
(2) With the development of economy and technology, increase of consumption power, as well as the raise awareness of vehicle protection, emerging markets such as China, India, Africa, Middle East, South America will be the fast growing market in the future.
(3) With fierce competition and highly fragmented market, manufacturers need to pay attention to their R&D, upgrade their products to get the competition advantage.

Region Overview:

From 2022-2027, North America is estimated to witness robust growth prospects

Company Overview:

Coverking, Covercraft, OxGord were the top 3 players in the Sun Protective Car Covers and Shades market in 2022, taking up a market share of 18.7% together.

Segmentation Overview:

Among different product types, Covers segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Car Cover segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Sun Protective Car Covers and Shades market covered in Chapter 3:

Coverking
Power Tiger Auto Accessory Co., Ltd.
Zhejiang Mingfeng Car Accessories Co.,Ltd
Shenzhen Melody Technology
Dalian Runde Packaging Technology
J.F. Stanley & Co.
Silvercoat
California Car Cover Company
Betala Canvas Company
Duck Covers
Polco
Classic Accessories
China Car Covers Company
ACCORDION CAR COVERS LLC (Silver Covers)
Covercraft
BDK Auto
OxGord
Leader Accessories

In Chapter 4 and Chapter 14.2, on the basis of types, the Sun Protective Car Covers and Shades market from 2018 to 2029 is primarily split into:

Covers
Shades

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Sun Protective Car Covers and Shades market from 2018 to 2029 covers:

Car Cover
SUV Cover
Van Cover

Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)