Sports and Cargo Carrier Market 2020 Global Insights and Outlook - Thule Group AB, Kemflo Inc. Co.,Ltd., BrenderUP Group AB (Mont Blanc Group)

Global Sports and Cargo Carrier Market provides a comprehensive analysis of the global Sports and Cargo Carrier market and its major regional markets. Furthermore, market dynamics such as key trends and development; and challenges are analyzed in-depth. The global market is highly competitive consisting of several large enterprises including Thule Group AB, Kemflo Inc. Co.,Ltd., BrenderUP Group AB (Mont Blanc Group), BOS Group (ATERA), Saris Cycling Group Inc., and VDL Groep (VDL Hapro). The competitive landscape of the respective market, along with the company profiles of leading players are discussed in detail.

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The global sports and cargo carrier market is estimated to reach US$2.03 billion in 2023, growing at a CAGR of 11.57% for the period spanning 2019-2023.

Sports and cargo carrier are mainly utilized for carrying essential sports gears securely. The growth of the market has been driven by increment in SUVs vehicle production, increasing expenditure on travel and tourism, rising e-commerce retail sales and expanding urbanization. However, growth of the market would be challenged by hiking raw material prices, higher fuel prices, quality issues in online purchase and seasonality. Some of the noteworthy trends of the market include emergence of new sports, increasing use of SUV type vehicles, upsurge in outdoor activities and surging millennial spending.

These major players have adopted various organic as well as inorganic growth strategies such as mergers and acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Scope of the report:
• The report provides a comprehensive analysis of the global sports and cargo carrier market, segmented into Roof rack, Roof box, Bike car rack, Ski rack and Watersport carrier segments.
• The major regional markets (North America and Europe) have been analyzed.
• The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.

This independent 84 pages report guarantees you will remain better informed than your competition. With examining the Sports and Cargo Carrier market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2023.

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Furthermore, the report provides a detailed analysis of the global Sports and Cargo Carrier market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done.

The global sports and cargo carrier market is categorized into the following segments: Roof rack, Roof box, Bike car rack, Ski rack and Watersport carrier. In 2018, bike car rack was the dominant segment because of the driving factors such as increasing demand for recreational vehicles, emerging use of racks for different storage purposes during the tours and increasing travel and tourism rate.

The research includes historic data from 2015 to 2019 and forecasts until 2023 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Sports and Cargo Carrier on the basis of stating current situation of the industry in 2018 so as to make comprehensive organization and judgment on the competition situation and development trend of Sports and Cargo Carrier Market and assist manufacturers and investment organization to better grasp the development course of Sports and Cargo Carrier Market.

How we have factored the effect of Covid-19 in our report:
All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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