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Global Market Study on Exterior Car Accessories: Europe Expected to Maintain Market Dominance by 2024

Report Description

This Persistence Market Research report on the global exterior car accessories market analyzes opportunities in the market and presents updates and insights pertaining to various segments of the global exterior car accessories market over an eight-year forecast period (2016–2024).

Exterior car accessories are add-ons that are not essential for the vehicle to function. Exterior car accessories enhance the exterior aesthetics of the vehicle, giving it a more appealing look. Some of the exterior car accessories also help in increasing vehicle performance – for instance, spoilers are capable of spoiling unfavorable air movement across the body of the vehicle when in motion. A wide range of exterior car accessories are available in the market each serving different purposes such as tonneau covers, car body covers, spoilers, bumpers, LED lights, alloy wheels, and bike racks among others.  

To understand consumption patterns and assess opportunities in the exterior car accessories market, the report is divided into four sections – product type, vehicle type, distribution channel, and region. The report analyzes the global exterior car accessories market in terms of market volume (‘000 Units) and market value (US$ Mn). The report also includes an in-depth analysis of key drivers and restraints witnessed in the market. Key trends observed across the value chain are also included to provide better decision-making insights. The subsequent sections analyze the global exterior car accessories market on the basis of product type, vehicle type, distribution channel, and region; and present a comprehensive forecast for the period 2016–2024.

Research methodology

To deduce market size, the report considers various aspects based on detailed primary and secondary research. Key data points such as region-wise split and market split by product type, vehicle type, and distribution channel; and qualitative inputs from key industry stakeholders have been incorporated to arrive at appropriate market estimates. The forecast presented in the report assesses total revenue generated and expected revenue contribution by the global exterior car accessories market.

The report begins with sizing the market in terms of value and volume. This forms the basis for forecasting how the market is anticipated to take shape in the near future. Given the characteristics of the market, the data is triangulated via different analyses based on supply side and demand side drivers as well as various dynamics of the global exterior car accessories market. To develop the market forecast, Persistence Market Research has also conducted a factor analysis to understand the impact of various forces/factors on the target market. Given the ever-fluctuating nature of the economy, the report not only provides forecasts in terms of CAGR but also performs analysis on the basis of key parameters such as Year-on-Year (Y-o-Y) growth to understand market predictability and identify the right opportunities.

Another key feature of this report is analysis of the global exterior car accessories market and the corresponding revenue forecast in terms of absolute dollar opportunity, critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales perspective in the global exterior car accessories market. Persistence Market Research has also developed a market attractiveness index to understand key segments in terms of their growth and performance and to help providers identify existing market opportunities in the global exterior car accessories market.

The final section of the report covers the competitive market landscape to provide a dashboard view of global exterior car accessories manufacturers, retailers, and distributors, along with the company profiles and relevant information. Some of the leading companies profiled in the report are – Thule Group, Pep Boys, Oakmore Pty Ltd., O’Reilly Auto Parts, U.S. Auto Parts Network, Inc., HELLA KGaA Hueck & Co., CAR MATE MFG CO. LTD., Covercraft Industries, LLC, Classic Soft Trim, Lund International, Inc., Truck Covers USA LLC, Mont Blac Industri AB, F.LLI MENABÒ SRL, H.I. Motors, Star Automotive Accessories, Momo Srl, and Lloyd Mats.

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