Global Automotive Carpeting Market – Global Industry Analysis and Forecast (2019-2026)

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Global Automotive Carpeting Market was valued at US$ 4.49 Bn in 2019 and is estimated to reach US$ 6.1Bn by 2026 at a CAGR of 4.47%.

The report includes the analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short term and long term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region wise.

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Global Automotive Carpeting Market Dynamics:

Automotive carpeting is also known as vehicle mats, are manufactured and designed for the protection of automobile floor from wear & tear, dirt & dust, and corrosion. The automotive carpet and floor materials are gaining popularity in the market mainly owing to the aesthetic look bestowed to the vehicles.

The expanding automotive industry in the Asia-Pacific region has two major driving factors, one is increasing manufacturing of light-weight vehicles, and the availability of non-fabric substitutes. Moreover, the new approaches and technologies towards the manufacturing of upright and reliable flooring components, which can be mounted with perfection in an automobile are expected to be a prominent driver for the global automotive carpeting market growth.

The passenger vehicle segment is expected to witness a huge demand in the market owing to the rising consumption of vehicles such as cars and trucks by the vast population across the world. Automation carpeting in passenger vehicles have created a huge demand due to its fringe benefits such as lightweight fabrics, high resistance to absorb dirt and water, high durability, tensile strength, and properties to withstand high exposure to sunlight and protecting the damage caused to the carpets, roofs and seat covers owing to UV radiations. Additionally, the materials are used for controlling the noise vibration in the vehicles.
Global Automotive Carpeting Market Regional Analysis:

Region-wise, the Asia Pacific region is the fastest-growing market owing to growing incomes and changing lifestyles of the individuals which in turn is influencing the consumption of personal vehicles.

Moreover, the soaring demand for automotive carpeting and roofing in vehicles from countries such as Japan, India, and China is also contributing to the growth of this market in the region. Also, with the induction of advanced and electric vehicles, the demand for the automotive carpeting market is increasing at a higher rate.
Global Automotive Carpeting Market, Key Highlights:

• Global Automotive Carpeting Market analysis and forecast, in terms of value.

• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Automotive Carpeting Market

• Global Automotive Carpeting Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.

• Global Automotive Carpeting Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.

• Global Automotive Carpeting Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.

• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.

• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Automotive Carpeting Market are also profiled.

The report has considered the base year of 2019 and past four years trend. 2020 figures are at actuals, however due to different dynamics of year 2020, market forecast is not only dependent upon 2020, but on the basis of 2016-2020.

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Global Automotive Carpeting Market, by Component

• Floor Carpet
• Trunk Trim
Global Automotive Carpeting Market, by Material

• Fabric
• Rubber
• Polyvinyl Chloride
• Foam
• Others
Global Automotive Carpeting Market, by Vehicle type

• Light Commercial Vehicles
• Heavy Commercial Vehicles
Global Automotive Carpeting Market, by Region

• North America
• Europe
• The Asia Pacific
• Middle East and Africa
• South America
Global Automotive Carpeting Market Key Players

• Hayashi Telempu Corporation
• Dorsett Industries
• Automobile Trimmings Company
• Feltex Automotive
• Lear Corporation
• Magna International Inc
• Unitex India Pvt Ltd
• TST Carpet Manufacturers Pty Ltd
• Auto Custom Carpets Inc
• DuPont
• UGN Inc
• Faurecia
• IAC Group
• Low and Bonar
• Autoneum Holding Ltd
• Orotex Belgium NV

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