Growth of exterior car accessories market us mainly due to two reasons. First is high demand in automotive industry and second is rising expenditure on car accessories. Recently in September 2022, Thule Group introduced a wide range of Car seat options. The products were first introduced in the European market. However high cost and regulatory policies related to exterior modification of vehicles are thought to be restraining factors in the global exterior car accessories market growth in the upcoming years. The COVID-19 pandemic has affected the market due to the financial crisis and disruption in supply chain operations.
According to Coherent Market Insights, the global Exterior Car Accessories Market is estimated to account for US$ 524,761.2 Mn in terms of value by the end of 2030.
Leading Companies in the Exterior Car Accessories Industry:
1. Thule Group
Thule Group AB (publ) was founded in 1942 and is headquartered in Malmö, Sweden. Thule Group is a global sports and outdoor company. On May 2022, Thule Group presents plans to enter the two new Product Categories – Car Seats and Dog Transport products. The company is also updating the sales growth targets communicated in spring 2021, which the company is tracking well ahead of.
2. Truck Covers USA LLC
Truck Covers USA, LLC was founded in 2002. The company's line of business includes the retail sale of new automobile tires, batteries, and other automobile parts and accessories. The company is headquartered in California, USA.
3. HELLA KGaA Hueck & Co.
HELLA GmbH & Co. KGaA, together with its subsidiaries, develops, manufactures, and sells lighting systems and electronic components for automotive industry worldwide. It operates through three segments: Automotive, Aftermarket, and Special Applications. HELLA GmbH & Co. KGaA was founded in 1899 and is headquartered in Lippstadt, Germany.
4. F.LLI MENABÒ SRL
The Company F.lli Menabò was founded in 1972 as an artisan Company that manufactured car accessories, in particular consoles and provision for car radios. Menabo is a brand built on specific consumers' demand, experience, performance and safety, headquartered in Italy.
5. Oakmore Pty Ltd.
Oakmoore Pty Ltd, trading as EGR Group, general operations consist of the manufacturing and distribution of automotive accessories, building products and point-of-purchase retail displays in Australia, the United States, the United Kingdom and Thailand. The company was founded in 1973 and headquartered in Queensland, Australia.
6. Mont Blanc Industri AB
The company was founded in 1947, headquartered in Brittany, France. Mont Blanc also acts as an Original Equipment Manufacturer (OEM) and is often the global car industry’s first choice of partner and supplier. Our production sites are located in France, Romania and Sweden with Research & Development activities conducted in France and Sweden.
7. Lund International, Inc.
L E Lundbergföretagen AB manufactures and sells paperboard, paper, and sawn wood products in Sweden and internationally. The company was founded in 1944 and is headquartered in Stockholm, Sweden. It operates through Lundberg's Real Estate Operations, Lundberg's Asset Management, Hufvudstaden, and Holmen segments.
8. Momo Srl
MOMO is headquartered in Milan, Italy, and its North American operations are based in Kansas City, MO. The company sells a wide range of performance products for the aftermarket and motorsports in over sixty countries through dealers and direct-to-consumer under the MOMO and Reds brands. In addition to its focus on light alloy road wheels, the company continues to develop innovative racing products by integrating advanced technology with quality and superior design. Top drivers used MOMO steering wheels from the GP2 Championships in Europe and Asia, to NASCAR in the US. The company was founded in 1964.
9. Covercraft Industries
Covercraft is a leading branded manufacturer of custom vehicle protection products including automotive covers, seat covers, front end masks, dashboard covers, window sunscreens, RV covers, boat covers, bimini tops, and other products, the company founded in 1965 and headquartered in Pauls Valley, Oklahoma.
10. O'Reilly Auto Parts
O'Reilly Automotive, Inc., together with its subsidiaries, operates as a retailer and supplier of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States. The company was founded in was founded in 1957 and is headquartered in Springfield, Missouri. The company provides new and remanufactured automotive hard parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting products, and oil and wiper blades; and accessories, including floor mats, seat covers, and truck accessories.
*Definition - different parts such as stainless-steel car bumper guard, rear and front mudguard, tire inflators, decals and stickers, plastic car door guard etc. are exterior car accessories that enhance the appearance of the automobile.
