Car Cover Market Expected to Reach $1.6 Billion by 2032

According to a new report published by Allied Market Research, titled, “Car Cover Market," The car cover market size was valued at $0.9 billion in 2022, and is estimated to reach $1.6 billion by 2032, growing at a CAGR of 4.9% from 2023 to 2032, as per the car cover market forecast.

Car covers are made from different materials both from inside and outside. The inside car cover is usually made from material such as woven polyester with soft lining. The material is light and breathable. The material does not possess the property of being waterproof and does not offer protection against different liquids. Furthermore, inside cover is usually made from different materials as compared to outside cover.

The outside cover is waterproof, sturdy, thicker and heavier than the inside cover. The outside cover has the capability to defend against rain, snow, leaves falling and other contaminant sources. In addition, the outside cover is made from sturdy forms of mounting, preventing the cover from blowing away in the wind.

Furthermore, there are more materials associated with car covers such as oxford, polyvinyl chloride (PVC), polyester, PE waterproof fabric, AT carbon texture, polyester cotton, satin, velvet, polyurethane, and nylon. Oxford is a durable, lightweight, breathable and water-resistant material. However, it does not protect the car from ultraviolet rays. PVC is a kind of plastic synthetic material that is non-biodegradable material that can be molded to any shape. Polyester is a lightweight, breathable and water-resistant material. PE waterproof fabric is made from polyethylene that is durable and flexible. AT carbon texture material provides strength, durability, breathability and ease of maintenance. Polyester cotton material is used for indoor parts of the car and is sustainable, breathable and absorbent in nature. Satin is a lightweight, luxurious, and breathable material. Velvet is a woven tufted, silk, wool, cotton, and linen material. Polyurethane is synthetic fabric, water resistant, moisture resistant, breathable, and durable material that helps in protection against harsh weather conditions such as rain, snow, ultraviolet rays. Nylon is a synthetic, durable and waterproof material

The tailormade car cover fits the exact shape and form of the vehicle. The cover fits like a glove and comprises special spaces in relation to side mirrors and rear spoiler. The covers are usually made for expensive cars and usually purchased by individuals who are ready to invest in their vehicle to protect it. The con associated with tailormade car cover is the cost associated with the cover and the difficulty to find the supplier of the cover. Generally, the car covers are designed to fit different types and models. The cover is available in varying lengths.

There are various differences associated with car covers that help in keeping the vehicle away from dust. The difference is the thickness of the material. Inside cover is generally made from woven polyester including breathing characteristics. The outside cover is made from polyvinyl chloride (PVC) type of material, which is heavier, thicker, and waterproof in nature.

Different risks are also associated with car cover in the car cover industry. Usually, moisture gets trapped inside the cover, leaving the surface wet for a longer period. Furthermore, car cover does not comprise an inner lining that might result in forming swirls and other surface imperfections when removing and applying the car cover. Moreover, when the cover moves, friction is created between the cover and car paint thus causing a rub and damage to the vehicle.

There also has been certain technological developments taking place in the car cover industry. For instance, in January 2020 French company has developed a thin-film solar cell that uses semi conductor compounds based on organic polymers printed on flexible films. The solution can be mounted on curved surfaces, that solar panels are unable to do. Consequently, they have created a retractable car cover incorporating ultra-thin photovoltaic cells that can be unrolled and rolled back thousands of times with no damage and loss in performance that can be used to partly recharge a car’s battery. 

The rise in the purchasing power of people across the globe and growth in adversity in the weather conditions are the two primary factors driving the growth of the car cover market size. Seasonal demand for car cover solutions and pricing sensitivity are two primary factors that are acting as restraints for the car cover market share. Moreover, the customized car covers acts as an opportunity for the car cover market growth.

Competitors and profiles of the major players in the car cover market analysis include Covercraft Industries LLC, Coverwell, Classic Addition Limited, Budge Covers, Real Truck Holdings Inc., Zhejang Mingfeng Industrial Company Limited, Dalian Runde, Cover King, Autofurnish, and A1 Car Covers Company.