The latest research study “Automotive Flooring Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that 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.
Automotive flooring is a protective layer for the bottom surface of automobiles, shielding it from dust, wear, tear, dirt, and corrosion. It is commonly available in various shapes, sizes, colors, and designs and is easily replaceable and removable. It is made from polyurethane, vinyl, fiber, nylon, rubber, polypropylene, and rayon and offers resistance to thermal, chemical, and mechanical stress. It is lightweight, durable, and cost-effective and provides aesthetic value. It also helps improve performance, reduce vibration transmission, protect against water, dirt, and grime, and keep the interior clean. As a result, automotive flooring finds extensive applications in passenger cars (PCs), light commercial vehicles (LCVs), and heavy commercial vehicles (HCVs) across the globe.
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Automotive Flooring Market Trends:
The global automotive flooring market is primarily driven by rising production and sales of vehicles. Moreover, automotive flooring is a widely used component that enhances the appearance of the vehicle interior and offers floor protection. In line with this, the surging awareness regarding the benefits of automotive floorings, such as easy maintenance, durability, customization, availability, and protection from external factors, is positively influencing the market growth. Additionally, numerous product innovations, including the utilization of eco-friendly materials for manufacturing carpets and mats, have catalyzed market growth. Other factors, including rising demand for customization, favorable government initiatives, and inflating consumer disposable incomes, are also anticipated to drive the market further.
Automotive Flooring Market Competitive Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Major Players Covered:
- 3M Company
- Auria Solutions (Shanghai Shenda Co. Ltd.)
- Borgers SE & Co. KGaA
- Conform Automotive
- Foss Performance Materials LLC (AstenJohnson Inc.)
- German Auto Tops Inc.
- Auto Custom Carpets Inc.
- Autoneum Holding AG
- Hyosung Corporation
- Suminoe Textile Co. Ltd.
- Toyota Boshoku Corporation
Key Market Segmentation:
The report has segmented the market on the basis of region, product, material, vehicle type and distribution channel.
Breakup by Product:
Breakup by Material:
Breakup by Vehicle Type:
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
Breakup by Distribution Channel:
Breakup by Region:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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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.
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