Automotive Flooring Market Report 2022-27 By Trends, Share, Size and Industry Forecast
According to the latest report by IMARC Group, "Global Automotive Flooring Market Size, Share, Growth, Industry Trends, Opportunity and Forecast 2022-2027", the global automotive flooring market reached a value of US$ 686.1 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 950.3 Million by 2027, exhibiting a CAGR of 5.40% during 2022-2027.
What is Automotive Flooring? How Big is Automotive Flooring Market?
Automotive flooring refers to carpets and mats that protect the bottom surface of automobiles from wear and tear, dirt, dust, and corrosion. It is manufactured using low-density, lightweight, and chemically and thermally stable materials, such as vinyl, fiber, polypropylene, nylon, rubber, and rayon. It is widely available in various sizes, colors, designs, and shapes. It helps improve performance, reduces vibration transmission, keeps the interior clean, and increases durability. As a result, automotive flooring is extensively installed in passenger cars, light commercial vehicles (LCVs), and heavy commercial vehicles (HCVs) to enhance their aesthetics.
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Market Trends and Drivers:
The global automotive flooring market is primarily driven by increasing vehicle production and sales. Moreover, the surging adoption of automotive flooring owing to its durability, easy maintenance, customization, and resistance to water, dirt, and grim has augmented the product demand. Additionally, the increasing use of polypropylene material due to its chemical stability, low density, cost-effectiveness, and resistance to corrosion and chemical leaking is positively influencing the market growth.
Besides this, several product innovations, such as the use of eco-friendly materials in the production of carpets and mats to improve performance and thermal stability, have accelerated the product adoption rate. Furthermore, the rising consumer demand for high-end and luxury vehicles has catalyzed market growth. Other factors, including favorable government initiatives to provide safe and economical automotive floorings, increasing consumer expenditure capacities, and the rising need for customization, are also anticipated to propel the market growth.
Automotive Flooring Market Report Scope | |
Report Coverage | Details |
Market size value in 2021 | US$ 686.1 Million |
Market forecast in 2027 | US$ 950.3 Million |
Growth Rate | CAGR of 5.40% from 2022 to 2027 |
Base year for estimation | 2021 |
Historical data | 2016-2021 |
Forecast period | 2022-2027 |
COVID-19 Scenario: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Global Automotive Flooring Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these top key players include:
- 3M Company
- Auria Solutions (Shanghai Shenda Co. Ltd.)
- Auto Custom Carpets Inc.
- Autoneum Holding AG
- Borgers SE & Co. KGaA
- Conform Automotive
- Foss Performance Materials LLC (AstenJohnson Inc.)
- German Auto Tops Inc.
- Hyosung Corporation
- Suminoe Textile Co. Ltd.
- Toyota Boshoku Corporation
- Walser GmbH.
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The report has segmented the market on the basis of region, product, material, vehicle type and distribution channel.
Breakup by Product:
- Carpets
- Mats
Breakup by Material:
- Polyurethane
- Polypropylene
- Nylon
- Rubber
- Others
Breakup by Vehicle Type:
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
Breakup by Distribution Channel:
- OEM
- Aftermarket
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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