PUBLISHER: The Business Research Company | PRODUCT CODE: 1682013
PUBLISHER: The Business Research Company | PRODUCT CODE: 1682013
A car cover is a protective covering or fabric designed to shield a vehicle, typically an automobile, from various environmental elements and potential damage. These covers are used to safeguard cars that are parked outdoors or stored for extended periods.
The main types of car covers are conventional, automatic, and semi-automatic. In the context of car covers, conventional products refer to traditional types of covers made from materials. These covers are distributed through both store-based and non-store-based channels, catering to various end-users, including individuals and vehicle manufacturers.
The car covers market research report is one of a series of new reports from The Business Research Company that provides car covers market statistics, including car covers industry global market size, regional shares, competitors with a car covers market share, detailed car covers market segments, market trends and opportunities, and any further data you may need to thrive in the car covers industry. This car covers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The car covers market size has grown steadily in recent years. It will grow from $8.72 billion in 2024 to $9.05 billion in 2025 at a compound annual growth rate (CAGR) of 3.7%. The growth in the historic period can be attributed to emergence of automobiles, early weather protection needs, foundational material innovations, initial consumer demand.
The car covers market size is expected to see steady growth in the next few years. It will grow to $10.48 billion in 2029 at a compound annual growth rate (CAGR) of 3.7%. The growth in the forecast period can be attributed to urbanization and parking challenges, aftermarket expansion, rise in automotive ownership, smart and connected car integration, sustainability and eco-friendly focus. Major trends in the forecast period include customization and tailored fit, material innovation, versatility in protection, enhanced durability and longevity, consumer awareness.
The anticipated growth in the demand for passenger cars is expected to drive the expansion of the car covers market. Passenger cars, designed for personal or family use, are smaller in size compared to commercial vehicles and are used for transporting passengers. Car covers play a crucial role in protecting, maintaining, and providing convenience to passenger cars, effectively guarding them against environmental hazards and extending their lifespan. Reports from the European Automobile Manufacturers Association in May 2023 revealed that the European Union produced 10.9 million passenger cars in 2022, marking an 8.3% increase from 2021. Thus, the increasing demand for passenger cars is a key factor propelling the growth of the car cover market.
The growing cost of cars is expected to further contribute to the expansion of the car cover market. As the cost of car ownership rises, including insurance and car prices, car owners are becoming more aware of the need to protect their valuable investments. The increased cost of cars indirectly benefits the car cover market, prompting consumers to prioritize the maintenance and protection of their vehicles. For instance, a report by TransUnion in May 2023 highlighted that the typical monthly payment for a new car increased to $736 in the first quarter of 2023 compared to $585 in 2021. Consequently, the escalating cost of cars is a driving force behind the growth of the car cover market.
Major companies in the car covers market are creating innovative products, such as personalized car covers, to offer a snug, custom fit that provides exceptional protection against environmental factors. A personalized car cover is a protective cover tailored specifically to the shape and dimensions of a particular vehicle model, often featuring customized colors, logos, or designs. For example, in January 2024, Nocrease, a US-based car cover manufacturer, introduced the Reveal Covers for newly launched vehicles. This car cover is made from a soft, elegantly draping fabric that resists creases, allowing it to be used immediately without the need for ironing. It is available in various colors, with Black and Light Grey as standard choices. This unique fabric blend guarantees a polished appearance right out of the box.
In August 2023, RealTruck Inc., a US-based company specializing in the design, manufacture, and sale of car accessories, acquired Go Rhino for an undisclosed amount. This acquisition has strengthened RealTruck's portfolio, enhancing its range of brands across diverse truck accessories. The expansion now includes truck bed covers, bed liners, steps, floor liners, fender flares, vent visors, and cargo management solutions. Go Rhino is a US-based provider of car accessories, including car covers.
Major companies operating in the car covers market report are Confezioni Andrea Italia Srl, Easepal Enterprises Limited, WeatherTech, Intro-Tech Automotive, ShelterLogic, Zhejiang Mingfeng Car Accessories, Coverking Inc., DOWCO Inc., AutoAnything, ADCO Products LLC., Budge Industries LLC, Smittybilt Inc., OxGord Inc., EmpireCovers, Elegant Auto Accessories, Autoform, MacNeil Automotive Products Limited (US), A1 Car Covers, Blue Magic Inc., California Car Cover Co., CarCapsule, Classic Additions Ltd., Coverwell, FH Group, Formosa Covers, Gator Covers, Polco Pvt. Ltd., Rampage Products LLC., Xcar Ltd.
North America was the largest region in the car covers market in 2024. The regions covered in the car covers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the car covers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The car covers market consists of sales of outdoor car covers, custom-fit car covers, sunshade car covers, heavy-duty car covers, and universal fit car covers. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Car Covers Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on car covers market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for car covers ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The car covers market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.