Press release
Global Bike Racks Market: Business overview, marketing strategy, channel footprint, product type, regional outlook and forecast period 2018-2025
This report studies the global market size of Bike Racks in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Bike Racks in these regions.This research report categorizes the global Bike Racks market by players/brands, region, type and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.
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.
The classification of Bike Racks includes Rear & Hitch Bike Racks, Roof Mounted Bike Racks and Others, and the proportion of Rear & Hitch Bike Racks in 2016 is about 58%, and the proportion is in increasing trend from 2012 to 2016.
Bike Racks is widely used in SUV, Truck and Sedan. The most proportion of Bike Racks is Sedan, and the proportion in 2016 is about 49%. The trend of Sedan is decreasing.
Europe is the largest consumption place, with a consumption market share nearly 36% in 2016. Following Europe, USA is the second largest consumption place with the consumption market share of 33%.
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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.
In 2017, the global Bike Racks market size was 330 million US$ and is forecast to 470 million US in 2025, growing at a CAGR of 5.1% from 2018. The objectives of this study are to define, segment, and project the size of the Bike Racks market based on company, product type, application and key regions.
The various contributors involved in the value chain of Bike Racks include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in the Bike Racks include
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
Market Size Split by Type
Rear & Hitch Bike Racks
Roof Mounted Bike Racks
Others
Market Size Split by Application
SUV
Truck
Sedan
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