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Car Rack Market Research Report by Product, Distribution Channel, State - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation - United States Forecast 2023-2030

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    Report

  • 149 Pages
  • January 2023
  • Region: United States
  • 360iResearch™
  • ID: 5723332
The United States Car Rack Market is projected to grow with a significant CAGR in the forecast period. Economic development and substantial infrastructure development have constituted regional revenue generation. Further, the patterns associated with domestic production, import and export, and consumption have helped market participants to analyze and capitalize on potential opportunities. Besides, the qualitative and quantitative parameters provided in the report with detailed analysis highlights the driving and restraining factors of the United States Car Rack Market.

Cumulative Impact of COVID-19:

COVID-19 is an unprecedented global public health emergency that affected almost every industry, and the long-term impacts are projected to reflect on the growth of various end-use industries during the forecast period. This ongoing research amplifies the research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19, considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The dedicated section in the report uncovers a detailed analysis of the impact of COVID-19 and its subsequent variant outbreaks on demand, supply, price, and vendor uptake and provides recommendations for sustainable outcomes. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the United States Car Rack Market.

Cumulative Impact of Russia-Ukraine Conflict:

The publisher continuously monitors and update reports considering unceasing political and economic uncertainty due to the Russia-Ukraine Conflict. Negative impacts are globally foreseen, especially across Eastern Europe, European Union, Eastern & Central Asia, and the United States. This contention has severely affected people’s lives and livelihoods and represents far-reaching disruptions in trade dynamics. The potential effects of ongoing war and uncertainty in Eastern Europe are expected to have an adverse impact on Ukraine and reverberate harsh long-term effects on Russia. The report uncovers the implications for demand-supply balances, pressure on pricing variants, impact on import/export and trading, and short-term recommendations to the United States Car Rack Market considering the current update on the conflict and its global responses.

Cumulative Impact of High Inflation:

The high inflation in developed economies globally has resulted in an overall price surge over the past two years. The cumulatively eroding overall purchasing power is expected to impact developing economies significantly and is considered helpful in numerous ways. The report uncovers the effect of high inflation on the long-term performance of the global economy and provides details on fiscal policies measuring and reducing its short-term impacts on demand/supply, cash flow, and currency exchange. The United States Car Rack Market report delivers the high inflation expectation considering the related impact from cost-push and demand-pull inflation.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make better decisions. In this report, the years 2018 and 2021 are considered as historical years, 2022 as the base year, 2023 as the estimated year, and years from 2024 to 2030 are considered as the forecast period.

Market Segmentation & Coverage:

The report on the United States Car Rack Market identifies key attributes about the customer to define the potential market and identify different needs across the industry. Understanding the potential customer group's economies and geographies can help gain business acumen for better strategic decision-making. The market coverage across different industry verticals reveals the hidden truth about the players' strategies in different verticals and helps the organization decide target audience. This report gives you the composite view of sub-markets coupled with comprehensive industry coverage and provides you with the right way of accounting factors such as norms & regulations, culture, to make right coverage strategy for your market plan. This research report categorizes the United States Car Rack Market in order to forecast the revenues and analyze the trends in each of the following sub-markets:
  • Based on Product, the market is studied across Hitch-Mounted Rack, Roof-Mounted Rack, and Trunk-Mounted Rack.
  • Based on Distribution Channel, the market is studied across Offline Sales and Online Sales.
  • Based on State, the market is studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes vendors in the United States Car Rack Market. based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) and placed into four quadrants (F: Forefront, P: Pathfinder, N: Niche, and V: Vital). The United States Car Rack Market FPNV Positioning Matrix representation/visualization further aids businesses in better decision-making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market, providing the idea of revenue generation into the overall market compared to other vendors in the space. This provides insights on vendors performance in terms of revenue generation and customer base compared to others. The United States Car Rack Market Share Analysis offers an idea of the size and competitiveness of the vendors for the base year. The outcome reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario:

The Competitive Scenario provides an outlook analysis of the various strategies for business growth adopted by the vendors. The news in this section covers valuable insights at various stages while keeping up with the business and engaging stakeholders in the economic debate. The United States Car Rack Market Competitive Scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected helps vendors understand the gaps in the marketplace and competitor’s strengths and weaknesses, providing insights to enhance products and services.

Company Usability Profiles:

The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the United States Car Rack Market, including 1UP USA, ACPS Automotive GmbH, Allen Sports, Alpaca Carriers, Inc., Atera GmbH, Car Mate Mfg. Co. Ltd, Cruzber SA, CURT Manufacturing LLC, Hollywood Racks, Küat Racks, Malone Auto Racks, Mont Blanc Group AB, Rhino-Rack USA LLC, RockyMounts, Saris, Swagman, Thule Group AB, and Yakima Products Inc. by Kemflo International.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation
5. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
6. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the United States Car Rack Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the United States Car Rack Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the United States Car Rack Market?
4. What is the competitive strategic window for opportunities in the United States Car Rack Market?
5. What are the technology trends and regulatory frameworks in the United States Car Rack Market?
6. What is the market share of the leading vendors in the United States Car Rack Market?
7. What modes and strategic moves are considered suitable for entering the United States Car Rack Market?

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary4. Market Overview
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increased participation in outdoor activities and need for additional storage
5.1.1.2. Increasing popularity of cycling and limited availability of cycle parking space
5.1.2. Restraints
5.1.2.1. Complexities in deployment of car racks
5.1.3. Opportunities
5.1.3.1. Technological advancements in car racks
5.1.4. Challenges
5.1.4.1. Safety and maintenance issues of car racks
5.2. Cumulative Impact of COVID-19
5.3. Cumulative Impact of Russia-Ukraine Conflict
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Threat of Substitutes
5.5.4. Threat of Substitutes
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
5.8. Client Customization
6. Car Rack Market, by Product
6.1. Introduction
6.2. Hitch-Mounted Rack
6.3. Roof-Mounted Rack
6.4. Trunk-Mounted Rack
7. Car Rack Market, by Distribution Channel
7.1. Introduction
7.2. Offline Sales
7.3. Online Sales
8. California Car Rack Market
8.1. Introduction
9. Florida Car Rack Market
9.1. Introduction
10. Illinois Car Rack Market
10.1. Introduction
11. New York Car Rack Market
11.1. Introduction
12. Ohio Car Rack Market
12.1. Introduction
13. Pennsylvania Car Rack Market
13.1. Introduction
14. Texas Car Rack Market
14.1. Introduction
15. Competitive Landscape
15.1. FPNV Positioning Matrix
15.1.1. Quadrants
15.1.2. Business Strategy
15.1.3. Product Satisfaction
15.2. Market Ranking Analysis, By Key Player
15.3. Market Share Analysis, By Key Player
15.4. Product Portfolio Analysis, By Key Player
15.5. Competitive Scenario
15.5.1. Merger & Acquisition
15.5.2. Agreement, Collaboration, & Partnership
15.5.3. New Product Launch & Enhancement
15.5.4. Investment & Funding
15.5.5. Award, Recognition, & Expansion
16. Company Usability Profiles
16.1. 1UP USA
16.2. ACPS Automotive GmbH
16.3. Allen Sports
16.4. Alpaca Carriers, Inc.
16.5. Atera GmbH
16.6. Car Mate Mfg. Co. Ltd
16.7. Cruzber SA
16.8. CURT Manufacturing LLC
16.9. Hollywood Racks
16.10. Küat Racks
16.11. Malone Auto Racks
16.12. Mont Blanc Group AB
16.13. Rhino-Rack USA LLC
16.14. RockyMounts
16.15. Saris
16.16. Swagman
16.17. Thule Group AB
16.18. Yakima Products Inc. by Kemflo International
17. Appendix
17.1. Discussion Guide
17.2. License & Pricing
List of Figures
FIGURE 1. UNITED STATES CAR RACK MARKET: RESEARCH PROCESS
FIGURE 2. UNITED STATES CAR RACK MARKET SIZE, 2022 VS 2030
FIGURE 3. UNITED STATES CAR RACK MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. UNITED STATES CAR RACK MARKET SIZE, BY STATE, 2022 VS 2030 (%)
FIGURE 5. UNITED STATES CAR RACK MARKET SIZE, BY STATE, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 6. UNITED STATES CAR RACK MARKET COMPETITIVE STRATEGIC WINDOW, BY STATE, 2030
FIGURE 7. UNITED STATES CAR RACK MARKET DYNAMICS
FIGURE 8. UNITED STATES CAR RACK MARKET PORTER’S FIVE FORCES ANALYSIS
FIGURE 9. UNITED STATES CAR RACK MARKET SIZE, BY PRODUCT, 2022 VS 2030 (%)
FIGURE 10. UNITED STATES CAR RACK MARKET SIZE, BY PRODUCT, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 11. UNITED STATES CAR RACK MARKET COMPETITIVE STRATEGIC WINDOW, BY PRODUCT, 2030
FIGURE 12. UNITED STATES CAR RACK MARKET SIZE, BY HITCH-MOUNTED RACK, 2018-2030 (USD MILLION)
FIGURE 13. UNITED STATES CAR RACK MARKET SIZE, BY ROOF-MOUNTED RACK, 2018-2030 (USD MILLION)
FIGURE 14. UNITED STATES CAR RACK MARKET SIZE, BY TRUNK-MOUNTED RACK, 2018-2030 (USD MILLION)
FIGURE 15. UNITED STATES CAR RACK MARKET SIZE, BY DISTRIBUTION CHANNEL, 2022 VS 2030 (%)
FIGURE 16. UNITED STATES CAR RACK MARKET SIZE, BY DISTRIBUTION CHANNEL, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 17. UNITED STATES CAR RACK MARKET COMPETITIVE STRATEGIC WINDOW, BY DISTRIBUTION CHANNEL, 2030
FIGURE 18. UNITED STATES CAR RACK MARKET SIZE, BY OFFLINE SALES, 2018-2030 (USD MILLION)
FIGURE 19. UNITED STATES CAR RACK MARKET SIZE, BY ONLINE SALES, 2018-2030 (USD MILLION)
FIGURE 20. CALIFORNIA CAR RACK MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 21. FLORIDA CAR RACK MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 22. ILLINOIS CAR RACK MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 23. NEW YORK CAR RACK MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 24. OHIO CAR RACK MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 25. PENNSYLVANIA CAR RACK MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 26. TEXAS CAR RACK MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 27. UNITED STATES CAR RACK MARKET: FPNV POSITIONING MATRIX, 2022
FIGURE 28. UNITED STATES CAR RACK MARKET SHARE, BY KEY PLAYER, 2022
FIGURE 29. UNITED STATES CAR RACK MARKET COMPETITIVE SCENARIO, BY KEY TYPE, 2022
List of Tables
TABLE 1. UNITED STATES CAR RACK MARKET SEGMENTATION & COVERAGE
TABLE 2. UNITED STATES DOLLAR EXCHANGE RATE, 2018-2022
TABLE 3. UNITED STATES CAR RACK MARKET SIZE, 2018-2030 (USD MILLION)
TABLE 4. UNITED STATES CAR RACK MARKET SIZE, BY STATE, 2018-2030 (USD MILLION)
TABLE 5. UNITED STATES CAR RACK MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 6. UNITED STATES CAR RACK MARKET SIZE, BY HITCH-MOUNTED RACK, 2018-2030 (USD MILLION)
TABLE 7. UNITED STATES CAR RACK MARKET SIZE, BY HITCH-MOUNTED RACK, BY STATE, 2018-2030 (USD MILLION)
TABLE 8. UNITED STATES CAR RACK MARKET SIZE, BY ROOF-MOUNTED RACK, 2018-2030 (USD MILLION)
TABLE 9. UNITED STATES CAR RACK MARKET SIZE, BY ROOF-MOUNTED RACK, BY STATE, 2018-2030 (USD MILLION)
TABLE 10. UNITED STATES CAR RACK MARKET SIZE, BY TRUNK-MOUNTED RACK, 2018-2030 (USD MILLION)
TABLE 11. UNITED STATES CAR RACK MARKET SIZE, BY TRUNK-MOUNTED RACK, BY STATE, 2018-2030 (USD MILLION)
TABLE 12. UNITED STATES CAR RACK MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION)
TABLE 13. UNITED STATES CAR RACK MARKET SIZE, BY OFFLINE SALES, 2018-2030 (USD MILLION)
TABLE 14. UNITED STATES CAR RACK MARKET SIZE, BY OFFLINE SALES, BY STATE, 2018-2030 (USD MILLION)
TABLE 15. UNITED STATES CAR RACK MARKET SIZE, BY ONLINE SALES, 2018-2030 (USD MILLION)
TABLE 16. UNITED STATES CAR RACK MARKET SIZE, BY ONLINE SALES, BY STATE, 2018-2030 (USD MILLION)
TABLE 17. CALIFORNIA CAR RACK MARKET SIZE, 2018-2030 (USD MILLION)
TABLE 18. CALIFORNIA CAR RACK MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 19. CALIFORNIA CAR RACK MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION)
TABLE 20. FLORIDA CAR RACK MARKET SIZE, 2018-2030 (USD MILLION)
TABLE 21. FLORIDA CAR RACK MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 22. FLORIDA CAR RACK MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION)
TABLE 23. ILLINOIS CAR RACK MARKET SIZE, 2018-2030 (USD MILLION)
TABLE 24. ILLINOIS CAR RACK MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 25. ILLINOIS CAR RACK MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION)
TABLE 26. NEW YORK CAR RACK MARKET SIZE, 2018-2030 (USD MILLION)
TABLE 27. NEW YORK CAR RACK MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 28. NEW YORK CAR RACK MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION)
TABLE 29. OHIO CAR RACK MARKET SIZE, 2018-2030 (USD MILLION)
TABLE 30. OHIO CAR RACK MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 31. OHIO CAR RACK MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION)
TABLE 32. PENNSYLVANIA CAR RACK MARKET SIZE, 2018-2030 (USD MILLION)
TABLE 33. PENNSYLVANIA CAR RACK MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 34. PENNSYLVANIA CAR RACK MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION)
TABLE 35. TEXAS CAR RACK MARKET SIZE, 2018-2030 (USD MILLION)
TABLE 36. TEXAS CAR RACK MARKET SIZE, BY PRODUCT, 2018-2030 (USD MILLION)
TABLE 37. TEXAS CAR RACK MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2030 (USD MILLION)
TABLE 38. UNITED STATES CAR RACK MARKET: FPNV POSITIONING MATRIX - SCORES, 2022
TABLE 39. UNITED STATES CAR RACK MARKET: FPNV POSITIONING MATRIX - BUSINESS STRATEGY, 2022
TABLE 40. UNITED STATES CAR RACK MARKET: FPNV POSITIONING MATRIX - PRODUCT SATISFACTION, 2022
TABLE 41. UNITED STATES CAR RACK MARKET RANKING, BY KEY PLAYER, 2022
TABLE 42. UNITED STATES CAR RACK MARKET SHARE, BY KEY PLAYER, 2022
TABLE 43. UNITED STATES CAR RACK MARKET PRODUCT PORTFOLIO ANALYSIS, BY KEY PLAYER, 2022
TABLE 44. UNITED STATES CAR RACK MARKET MERGER & ACQUISITION
TABLE 45. UNITED STATES CAR RACK MARKET AGREEMENT, COLLABORATION, & PARTNERSHIP
TABLE 46. UNITED STATES CAR RACK MARKET NEW PRODUCT LAUNCH & ENHANCEMENT
TABLE 47. UNITED STATES CAR RACK MARKET INVESTMENT & FUNDING
TABLE 48. UNITED STATES CAR RACK MARKET AWARD, RECOGNITION, & EXPANSION
TABLE 49. UNITED STATES CAR RACK MARKET: LICENSE & PRICING

Companies Mentioned

  • 1UP USA
  • ACPS Automotive GmbH
  • Allen Sports
  • Alpaca Carriers, Inc.
  • Atera GmbH
  • Car Mate Mfg. Co. Ltd
  • Cruzber SA
  • CURT Manufacturing LLC
  • Hollywood Racks
  • Küat Racks
  • Malone Auto Racks
  • Mont Blanc Group AB
  • Rhino-Rack USA LLC
  • RockyMounts
  • Saris
  • Swagman
  • Thule Group AB
  • Yakima Products Inc. by Kemflo International

Methodology

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