Car Racks Market To Grow Owing To Rise in Tourism and Travel Sectors & Growing Awareness of Car Racks Among People Till 2022 | Million Insights

PUNE, India, 2018-Mar-21 — /EPR Network/ — Global Car Racks Market expected to grow at significant CAGR in the upcoming year as the scope and its application are rising enormously across the globe. Carracks mainly attached on to vehicles to transport a variety of goods easily without compromising on space in the vehicle. These goods may be luggage, recreational and sport equipment, and other supplies. These racks provides more space, convenience, and comfort.

Prominent factors that are playing major role in the growth of Car Rack Market are, rise in tourism and travel sectors, decrease in oil prices and cost effective air fares, growing awareness & importance of car racks among population. Car Rack Market segmented based on product type, accessories, applications, and regions. Product type into Ski and Snowboard Racks, Bike Racks, Kayak Racks, Enclosed Roof Boxes, Open Cargo Racks and others classify Car Racks Market.

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Bike racks segment led the market and estimated to grow at substantial pace in the upcoming years. The reason being, growing number of participants in biking and cross road trips, increment in sales of bikes, and fame of bikes as a mode of transport. Car bike rack is widely used for transportation of bike in good working order. Whereas, ski and snowboard racks give the advantage of holding winter sports gear securely. Accessories into Kayak Carriers, Tie-Downs, and Board Protectors classify Car Racks Market. Application into passenger vehicle and commercial vehicle classify Car Racks Market.

Car Rack Market segmented, geographically into America (North America, South America), Europe (Eastern Europe, Western Europe), Asia Pacific, Latin America, Middle East and Africa. Globally, North American regional market accounted for the largest market share of Car Racks Market and estimated to remain dominant in the upcoming years. The reason behind growth of market is the initiative to raise participation in recreational activities, and rising product awareness among population. The key players of Car Rack Industry are Malone, Atera, Kamei, Hapro, Rhino-Rack, Yakima, CARMATE, Rola and Mont Blanc.

This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering
• CURT
• Keeper
• Rhino Rack
• TracRac
• Company five
• Lund
• Hitch Haul
• Auxmart
• Yescom
• TMS
• INNO
• Yakima
• Thule
• Chinook
• Softride

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By types, the market can be split into
• Cargo Racks
• Soft-shell Carriers
• Kayak & Canoe

By Application, the market can be split into
• Roof Racks
• Hitch Racks
• Trunk Racks
• Spare Tire Racks
• Truck Bed Racks

By Regions, this report covers (we can add the regions/countries as you want)
• North America
• China
• Europe
• Southeast Asia
• Japan
• India

Related Reports of this Category available at Million Insights:
https://www.millioninsights.com/industry/automotive-and-parts

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