Global Automotive Bicycle Rack Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Hitch-Mounted Rack and Trunk-Mounted Rack.

By Sales Channel;

OEM and Aftermarket

By Application;

Household, Commercial Use, and Public services.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn804662866 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Automotive Bicycle Rack Market (USD Million), 2021 - 2031

In the year 2024, the Global Automotive Bicycle Rack Market was valued at USD 674.86 million. The size of this market is expected to increase to USD 924.56 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.6%.

The global automotive bicycle rack market is an integral segment within the broader automotive accessories industry, catering to the growing demand for convenient and secure transportation of bicycles. As cycling gains popularity as both a recreational activity and a mode of transportation, the need for effective means of transporting bicycles has become more pronounced. Automotive bicycle racks serve as essential accessories for vehicles, allowing cyclists to transport their bikes safely and efficiently without sacrificing interior space.

This market encompasses a wide range of products, including roof-mounted racks, trunk-mounted racks, hitch-mounted racks, and spare tire-mounted racks, each offering distinct advantages and catering to diverse consumer preferences and vehicle types. Key players in the industry continuously innovate to enhance the functionality, security, and ease of use of bicycle racks, striving to meet the evolving needs of cyclists and vehicle owners.

Factors such as increasing participation in cycling activities, growing awareness of health and environmental benefits associated with cycling, and the rise in outdoor recreational pursuits contribute to the expansion of the global automotive bicycle rack market. Urbanization, which often leads to limited storage space in urban dwellings, drives the demand for portable and space-efficient bicycle transportation solutions.

Market dynamics are influenced by various factors, including technological advancements, regulatory frameworks governing vehicle accessories, consumer purchasing power, and trends in outdoor and recreational activities. Moreover, partnerships between automotive manufacturers and bicycle rack manufacturers, along with collaborations with cycling advocacy groups, play a significant role in shaping market trends and product developments.

The global automotive bicycle rack market exhibits a diverse landscape, with North America, Europe, Asia Pacific, and other regions representing significant market segments. Each region has its unique market dynamics influenced by factors such as cycling culture, infrastructure development, regulatory policies, and economic conditions.

The global automotive bicycle rack market is characterized by innovation, evolving consumer preferences, and a growing emphasis on convenience, safety, and sustainability. As cycling continues to gain momentum worldwide, the market for automotive bicycle racks is poised for steady growth, driven by technological advancements, changing lifestyles, and a burgeoning interest in outdoor activities.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Sales Channel
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Automotive Bicycle Rack Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Participation in Cycling Activities
        2. Growing Awareness of Health and Environmental Benefits
        3. Urbanization and Limited Storage Space
      2. Restraints
        1. Regulatory Challenges and Safety Concerns
        2. Compatibility Issues with Vehicle Models
        3. Price Sensitivity and Economic Factors
      3. Opportunities
        1. Technological Advancements and Product Innovation
        2. Expansion of E-commerce Channels
        3. Partnerships and Collaborations
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Automotive Bicycle Rack Market, By Product, 2021 - 2031 (USD Million)
      1. Hitch-Mounted Rack
      2. Trunk-Mounted Rack
    2. Global Automotive Bicycle Rack Market, By Sales Channel, 2021 - 2031 (USD Million)
      1. OEM
      2. Aftermarket
    3. Global Automotive Bicycle Rack Market, By Application, 2021 - 2031 (USD Million)
      1. Household
      2. Commercial use
      3. Public services
    4. Global Automotive Bicycle Rack Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Allen Sports USA
      2. Atera GmbH
      3. Car Mate Mfg. Co. Ltd
      4. Kuat Innovations
      5. Mont Blanc Group AB
      6. Rhino Rack Pty Ltd
      7. Thule Group AB
      8. Tyger Auto, Inc
      9. VDL Groep BV
      10. Yakima Products, Inc
  7. Analyst Views
  8. Future Outlook of the Market