Car Covers Industry Statistics

In this post, we will explore key statistics and trends in the global Car Covers industry, shedding light on market size, growth projections, dominant players, regional dynamics, and segment-specific insights. From the market value in 2019 to anticipated growth rates up to 2026, these statistics provide a comprehensive overview of the landscape shaping the car covers market.

Statistic 1

"The global Car Covers market size was valued at USD 1576 million in 2019."

Statistic 2

"The Car Covers industry market is anticipated to grow at a CAGR of 3.5% from 2020 to 2025."

Statistic 3

"The United States dominated the Car Covers market with the largest market share of 28.3% in 2019."

Statistic 4

"Covercraft is the leading manufacturer in the Car Covers market with a 33.52% market share in 2017."

Statistic 5

"In North America, Car Covers market sales grew by 4.97% from 2016-2017."

Statistic 6

"The custom Car Covers segment is projected to reach USD 1 billion by 2025."

Statistic 7

"Non-woven Fabric Car Covers market segment was valued at USD 500 million in 2019."

Statistic 8

"By 2025, Asia Pacific Car Covers market is projected to register a CAGR of 5.2%."

Statistic 9

"In 2018, the market size of PVC Car Covers was USD 569 million."

Statistic 10

"The online sales channel contributed to approximately 30% of the total Car Covers market revenue in 2020."

Statistic 11

"The commercial vehicle segment in Car Covers market is expected to witness a 4.1% growth rate by 2025."

Statistic 12

"Outdoor Car Covers market segment will grow at a rate of 4.2% CAGR between 2021 and 2026."

Statistic 13

"The Middle East and Africa region contributed to just 4% of the global Car Covers market in 2019."

Statistic 14

"In 2019, India Car Covers market was valued at approximately USD 40 million."

Statistic 15

"Nylon Car Covers market segment held a market share of 15% in 2020."

Statistic 16

"In 2020, the retail sales segment contributed to 65% of the total Car Covers market revenue."

The Car Covers industry is a lucrative market with significant growth potential, as evidenced by the projected increase in market size and various segment-specific statistics. The United States and Asia Pacific regions are key players, with Covercraft leading in market share. Custom Car Covers and non-woven fabric segments are expected to witness substantial growth, along with the online sales channel. Commercial vehicle and outdoor Car Covers segments show promising growth rates for the coming years. These trends indicate a dynamic and evolving market landscape, with opportunities for manufacturers and retailers to capitalize on the increasing demand for Car Covers worldwide.