A bike car rack consists of a set of bars mounted on the roof, hitch or trunk of a car that secures bikes for transportation. While some vehicles include factory-installed car racks, others need to be fitted with aftermarket parts. Since most bike car racks are temporarily fitted, aftermarket parts are used. Vendors are focusing on modern product designs with more features.
Recreational activities are main drivers contributing to growth of market. Development of urbanization, hectic lifestyles, over-crowded cities, and rising environmental pollution has encouraged consumer to attend outdoor adventure activities. As people realize the health benefits of outdoor activities, they will participate more in cycling and other recreational activities. Outdoor recreational activities are rapidly gaining popularity in Europe and North America. Changes in lifestyle, attitudes, and demographic are resulting in increased spending on recreational activities. This, in turn, has increased the expenditure on related equipment like bike car racks. Owing to the increased demand for bike-ready vehicles, the car rental company has tripled its fleet to meet the increased demand from cycling fans. The recent rise in the demand for recreational activities during the forecast period.
The Global Bike Car Rack Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023-2030.

In the global Bike Car Rack Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-
Thule
Yakima
Allen Sports
Küat


In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :
Hitch-Mounted Rack
Trunk-Mounted Rack
Roof-Mounted Rack

In Market segmentation by applications :
Online Sales 
Offline Sales

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Bike Car Rack Market for the forecast period 2023-2030?
• What are the driving forces in the Bike Car Rack Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Bike Car Rack industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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