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Global Automotive Carpeting Market to reach USD 6.7 billion by 2027.

Global Automotive Carpeting Market Size study, by Component Type (Floor Carpet, Trunk Trim), by Material (Nylon, Acrylic, Olefins, Fiber), by Vehicle Type (Passenger Cars, Commercial Vehicles) and Regional Forecasts 2020-2027

Product Code: ALATAMC_53150836
Publish Date: 1-12-2020
Page: 200

Global Automotive Carpeting Market is valued at approximately USD 4.7 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 4.5% over the forecast period 2020-2027. Automotive carpeting also referred to as vehicle mats, are manufactured and designed for the safety of automobile floor from dirt & dust, wear & tear, and corrosion. In the recent scenario, the automotive carpeting has gained considerable popularity among automobile manufacturers primarily due to provide the aesthetic look of the interior to vehicles and deliver better insulation. Also, the carpet is designed in a way that it sticks to the base of the vehicle so there should be no passage for the air, which can prevent entering of dirt in the vehicle cabin. One of the significant applications of the automotive carpet and floor materials is to provide cushioning to the fleet of the driver and the passengers. The increase in the automotive carpeting market is significantly imputed to the fact that new technologies, like nanomaterials, are evolving to produce lightweight carpets, which may reduce the overall weight of the vehicle. Furthermore, the rise in production and sales of passenger cars and commercial vehicles, along with the growing focus towards the manufacturing of lightweight vehicles are the few factors responsible for the high CAGR of the market during the forecast period. As per the International Organization of Motor Vehicle Manufacturers (OICA), in 2018, the production of passenger cars across Asia-pacific region was estimated around 43.4 million, signifying an increase from 24.6 million units in 2008. Further, it has been estimated that the production of commercial vehicle in America was nearly 11 million units in 2017 and is increased to around 12 million units in 2018. This, in turn, is expected to strengthen the market growth all over the world. However, the increase in cost of raw materials is one of the major factors inhibiting the market growth over the forecast period of 2020-2027.

The regional analysis of the global automotive carpeting market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia-pacific is the leading/significant region across the world in terms of market share owing to the rise in focus of automobile manufacturers to reduce vehicle weight, and the presence of a significant number of market vendors in the region. Whereas Asia-Pacific is also anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027, owing to the rise in production of passenger vehicles and luxury cars across developing countries, such as China and India, would create lucrative growth prospects for the automotive carpeting market across the Asia-Pacific region.

Major market player included in this report are:
Alliance Interiors, LLC
BBI Enterprises Group
Faurecia S.A.
Borgers SE & Co. KGaA
Autoneum Holding AG
International Automotive Components Group LLC
U.G.N., Inc.
Reyes Amtex Automotive
Toyota Boshoku Corporation
Hayashi Telempu Co., Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component Type:
Floor Carpet
Trunk Trim

By Material:

By Vehicle Type:
Passenger Cars
Commercial Vehicles

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Automotive Carpeting Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Automotive Carpeting Market, by Region, 2018-2027 (USD Billion)
1.2.2. Automotive Carpeting Market, by Component Type, 2018-2027 (USD Billion)
1.2.3. Automotive Carpeting Market, by Material, 2018-2027 (USD Billion)
1.2.4. Automotive Carpeting Market, by Vehicle Type, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Automotive Carpeting Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Automotive Carpeting Market Dynamics
3.1. Automotive Carpeting Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Automotive Carpeting Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Automotive Carpeting Market, by Component Type
5.1. Market Snapshot
5.2. Global Automotive Carpeting Market by Component Type, Performance – Potential Analysis
5.3. Global Automotive Carpeting Market Estimates & Forecasts by Component Type 2017-2027 (USD Billion)
5.4. Automotive Carpeting Market, Sub Segment Analysis
5.4.1. Floor Carpet
5.4.2. Trunk Trim
Chapter 6. Global Automotive Carpeting Market, by Material
6.1. Market Snapshot
6.2. Global Automotive Carpeting Market by Material, Performance – Potential Analysis
6.3. Global Automotive Carpeting Market Estimates & Forecasts by Material 2017-2027 (USD Billion)
6.4. Automotive Carpeting Market, Sub Segment Analysis
6.4.1. Nylon
6.4.2. Acrylic
6.4.3. Olefins
6.4.4. Fiber
Chapter 7. Global Automotive Carpeting Market, by Vehicle Type
7.1. Market Snapshot
7.2. Global Automotive Carpeting Market by Vehicle Type – Potential Analysis
7.3. Global Automotive Carpeting Market Estimates & Forecasts by Vehicle Type 2017-2027 (USD Billion)
7.4. Automotive Carpeting Market, Sub Segment Analysis
7.4.1. Passenger Cars
7.4.2. Commercial Vehicles
Chapter 8. Global Automotive Carpeting Market, Regional Analysis
8.1. Automotive Carpeting Market, Regional Market Snapshot
8.2. North America Automotive Carpeting Market
8.2.1. U.S. Automotive Carpeting Market Component Type breakdown estimates & forecasts, 2017-2027 Material breakdown estimates & forecasts, 2017-2027 Vehicle Type breakdown estimates & forecasts, 2017-2027
8.2.2. Canada Automotive Carpeting Market
8.3. Europe Automotive Carpeting Market Snapshot
8.3.1. U.K. Automotive Carpeting Market
8.3.2. Germany Automotive Carpeting Market
8.3.3. France Automotive Carpeting Market
8.3.4. Spain Automotive Carpeting Market
8.3.5. Italy Automotive Carpeting Market
8.3.6. Rest of Europe Automotive Carpeting Market
8.4. Asia-Pacific Automotive Carpeting Market Snapshot
8.4.1. China Automotive Carpeting Market
8.4.2. India Automotive Carpeting Market
8.4.3. Japan Automotive Carpeting Market
8.4.4. Australia Automotive Carpeting Market
8.4.5. South Korea Automotive Carpeting Market
8.4.6. Rest of Asia Pacific Automotive Carpeting Market
8.5. Latin America Automotive Carpeting Market Snapshot
8.5.1. Brazil Automotive Carpeting Market
8.5.2. Mexico Automotive Carpeting Market
8.6. Rest of The World Automotive Carpeting Market
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Alliance Interiors, LLC Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. BBI Enterprises Group
9.2.3. Faurecia S.A.
9.2.4. Borgers SE & Co. KGaA
9.2.5. Autoneum Holding AG
9.2.6. International Automotive Components Group LLC
9.2.7. U.G.N., Inc.
9.2.8. Reyes Amtex Automotive
9.2.9. Toyota Boshoku Corporation
9.2.10. Hayashi Telempu Co., Ltd.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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