Australia Car Rack Market size

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Australia car rack market is valued at approximately USD 1.58 billion and is projected to reach USD 2.5 billion by 2032, growing at a compound annual growth rate (CAGR) of 5.9% during the forecast period .​
The Australian car rack market is expected to witness a growth of steady CAGR in the forecast period,. The growing automotive industry, high demand for recreational activities, and ongoing advancements in the car rack manufacturing process are the primary factors driving the demand for the Australian car rack market in the forecast period.
A car rack refers to an automotive stand or carrier over the roof of a vehicle to increase the luggage capacity of the car. They are manufactured using lightweight materials such as steel, composite plastic, and aluminum alloy. The car rack consists of several pillars and rails and mount to support the rack frame over the car and is designed to distribute the weight of the car rack evenly over the car roof.
Flourishing Automotive Industry Drives the Market Growth
Shift in consumer preference and higher demand for individual vehicle ownership is driving the manufacturing and sales of passenger vehicles. Overall car sales in 2020 stood at 676,804 units. The launch of superior cars with greater fuel mileage, seating capacity, and greater vehicular abilities are likely to spur the demand for contemporary car racks. They are more comfortable compared to the permanently mounted car racks. The quick transition of people towards electric vehicles because of rising pollution levels and high consciousness regarding the ill impact of greenhouse emissions is likely to provide rewarding opportunities to the Australian car rack market growth in the forecast period.
Raising the spending power of consumers allows them to enjoy a quality life. Car racks offer maximum space to travelers and greater comfort while driving a car. Previously, the carracks were fixed permanently above the car roof, which created enormous inconvenience to consumers. The application of contemporary car racks, which can be attached or detached by hooks or joints, provides minimum maintenance, greater convenience, and greater flexibility.
Increasing Tourism Industry Supports the Market Growth
Australia boasts of some of the best tourist places such as Sydney Harbor Bridge, Fraser Island, and Great Barrier Reef, Queensland, which attracts tourists worldwide. People prefer to visit Australia to enjoy adventure activities. Participation of tourists in adventure activities along the coastline, cities, or red-earthed deserts requires a lot of props, gear, and appropriate clothing. These adventure activities require extra boot space, which a car rack can fulfill efficiently. Car racks provide safe and solid space to carry sports gears and have specially designed racks for water sports equipment, ski-boards, and bikes.
Also, travelers prefer to avail ride-hailing and sharing services as they are more affordable and are easily accessible. The demand for car racks among consumers and the need to provide improved customer experience by ride-hailing and sharing services can influence the market demand significantly for the next five years. The growing income capacity of consumers and increased demand for high comfort and convenience while traveling is expected to create a huge need for car racks.
Market Segmentation

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The Australia car rack market is segmented based on vehicle type, type, material, company, and regional distribution. Based on vehicle type, the market is divided into hatchback, sedan, and SUV/MPV. Based on type, the market is divided into roof rack, roof box, bike car rack, ski rack, and watersport carrier. Based on material, the market is divided into aluminum alloy, composite plastic, stainless steel, and others.
Market Players
ACPS Automotive GmbH,
Allen Sports USA,
Roof Carrier Systems,
Roof Racks Galore (RRGQ) Pty Ltd,
Cequent Group (Rola),
Thule Group,
Yakima Australia Pty Ltd.,
Clarus Corporation,
Mont Blanc Group AB,
Shingleback Off Road
Attribute
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Details
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Base Year
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2021
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Historic Data
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2017 – 2020
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Estimated Year
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2022
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Forecast Period
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2023 – 2027
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Quantitative Units
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Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027
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Report coverage
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Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends
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Segments covered
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· Vehicle Type
· Type
· Material
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Region scope
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New South Wales, Victoria, Queensland, Western Australia, South Australia, Tasmania, Australian Capital Territory, Northern Territory
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Key companies profiled
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ACPS Automotive GmbH, Allen Sports USA, Roof Carrier Systems, Roof Racks Galore (RRGQ) Pty Ltd, Cequent Group (Rola), Thule Group, Yakima Australia Pty Ltd., Clarus Corporation, Mont Blanc Group AB, Shingleback Off Road
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Customization scope
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10% free report customization with purchase. Addition or alteration to country & segment scope.
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Pricing and purchase options
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Avail customized purchase options to meet your exact research needs. Explore purchase options
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Delivery Format
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PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
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