Innovation from Thule, Yakima, and Rhino-Rack to Influence Automotive Roof Rack Market Through 2032

The global automotive roof rack market continues to demonstrate strong growth momentum, supported by rising consumer demand for vehicle customization, increasing engagement in outdoor recreational activities, and rapid proliferation of electric vehicles equipped with integrated or compatible roof-mounted storage systems. According to recent industry assessments, the market is projected to reach a valuation of US$ 1.6 Bn by 2025, driven by favorable automotive production dynamics and technological enhancements in vehicle accessories. Forecasts indicate sustained expansion at a CAGR of 4.5% during the assessment period, enabling the market to achieve an estimated value of US$ 2.2 Bn by 2032. This upward trajectory is also reinforced by the shift toward next-generation mobility platforms. Projections show that nearly 35% of all new vehicles sold globally will be electric by 2032, and among these electric vehicles, approximately 40% will feature factory-installed roof rails or engineering provisions for roof racks. This emerging trend underscores an increased emphasis on modular vehicle design, expanded cargo solutions, and greater flexibility in the use of personal and commercial vehicles.