Asia Pacific Pushes Tow Bar Demand with Retractable Tech

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2025-06-19 08:00:26

The Global Automotive Tow Bars Market was valued at approximately USD 5.11 billion in 2022, and it’s projected to reach USD 7.32 billion by 2030, growing at around 4.6% CAGR from 2022 to 2030. Another report forecasts a slightly wider range—USD 7.32 billion by 2030, with growth at 4.6% CAGR . A specialized source pegs CAGR at 3.4% from 2024–2031 . This trend...

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