Edit Content

Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

Global Automotive Exterior Trim Parts Market to reach USD XX billion by 2028.

Global Automotive Exterior Trim Parts Market to reach USD XX billion by 2028.

Product Code: ALTAMC-10185075
Publish Date: 15-02-2022
Page: 200

Global Automotive Exterior Trim Parts Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Automotive Exterior Trim Parts refers to exterior components which are installed for vehicle safety as well as for providing aesthetic look to the vehicles. Generally trim Parts includes Front Bumper, Rear Bumper, Rear-View Mirror, Radiator Grills, Wheel Cladding, Outside Door Handles etc. Growing automotive industry and rising focus over vehicle safety are key drivers for the growth of Automotive Exterior Trim Parts market. For instance, according to International Energy Agency: IEA – In the year 2020, sales of electrical cars globally reached to over 3 million units from 2.1 million units sold in the year 2019. Overall, in percentage terms sales has grown to 40 % from the year 2019. Also, in August 2021, Dura Automotive Systems (US based designer and manufacturer of automotive components) entered into a joint venture agreement with ALMAC Co, LTD (South Korea based aluminum material and component Company) to manufacture automotive-grade aluminum extrusions and components for lightweight and electric vehicles. The new formed entity will conduct business under the name of ALMAC DURA Extrusions, Ltd. with the increasing per capita income & growing e-commerce sector in emerging economies., the adoption & demand for Automotive Exterior Trim Parts is likely to increase the market growth during the forecast period. However, high Maintenance cost & complex replacement process of Automotive Exterior Trim Parts impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the Global Automotive Exterior Trim Parts Market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to presence of leading players and growing per capita income in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period 2022-2028. Factors such as growing automobile industry and rising income level in the region would create lucrative growth prospects for the Automotive Exterior Trim Parts market across Asia-Pacific region.

Major market player included in this report are:
CIE Automotive,
Ficosa Internacional SA,
GEDIA Automotive Group,
GRONBACH Inventive Sales & Marketing GmbH & Co KG,
IDEAL Automotive GmbH,
KIRCHHOFF Automotive GmbH
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 Product Type:
Front Bumper
Rear Bumper
Outside Rear-View Mirror (ORVM)
Rocker Panel (Under Cover)
Radiator Grills
Wheel arch Cladding (Fender Liner)
Outside Door Handles
Exterior Car Door Trim
Mud Guard
Exterior trims parts
By Vehicle Type:
Passenger Cars
Commercial Vehicles
Heavy Trucks and Buses
By Sales Channel:
First Fit
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 – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Automotive Exterior Trim Parts 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, 2020-2028 (USD Billion)
1.2.1. Automotive Exterior Trim Parts Market, by Region, 2020-2028 (USD Billion)
1.2.2. Automotive Exterior Trim Parts Market, by Product Type, 2020-2028 (USD Billion)
1.2.3. Automotive Exterior Trim Parts Market, by Vehicle Type, 2020-2028 (USD Billion)
1.2.4. Automotive Exterior Trim Parts Market, by Sales Channel, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Automotive Exterior Trim Parts 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 Exterior Trim Parts Market Dynamics
3.1. Automotive Exterior Trim Parts Market Impact Analysis (2020-2028)
3.1.1. Market Drivers Growing Automotive industry Rising focus over vehicle safety.
3.1.2. Market Challenges High Maintenance cost & complex replacement process.
3.1.3. Market Opportunities Rising per capita income. Growing e-commerce sector in emerging economies.
Chapter 4. Global Automotive Exterior Trim Parts 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 (2019-2028)
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
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Automotive Exterior Trim Parts Market, by Product Type
6.1. Market Snapshot
6.2. Global Automotive Exterior Trim Parts Market by Product Type, Performance – Potential Analysis
6.3. Global Automotive Exterior Trim Parts Market Estimates & Forecasts by Product Type 2019-2028 (USD Billion)
6.4. Automotive Exterior Trim Parts Market, Sub Segment Analysis
6.4.1. Front Bumper
6.4.2. Rear Bumper
6.4.3. Outside Rear-View Mirror (ORVM)
6.4.4. Rocker Panel (Under Cover)
6.4.5. Radiator Grills
6.4.6. Wheel arch Cladding (Fender Liner)
6.4.7. Outside Door Handles
6.4.8. Exterior Car Door Trim
6.4.9. Mud Guard
6.4.10. Exterior trims parts

Chapter 7. Global Automotive Exterior Trim Parts Market, by Vehicle Type
7.1. Market Snapshot
7.2. Global Automotive Exterior Trim Parts Market by Vehicle Type, Performance – Potential Analysis
7.3. Global Automotive Exterior Trim Parts Market Estimates & Forecasts by Vehicle Type 2019-2028 (USD Billion)
7.4. Automotive Exterior Trim Parts Market, Sub Segment Analysis
7.4.1. Passenger Cars
7.4.2. Commercial Vehicles
7.4.3. Heavy Trucks and Buses

Chapter 8. Global Automotive Exterior Trim Parts Market, by Sales Channel
8.1. Market Snapshot
8.2. Global Automotive Exterior Trim Parts Market by Sales Channel, Performance – Potential Analysis
8.3. Global Automotive Exterior Trim Parts Market Estimates & Forecasts by Sales Channel 2019-2028 (USD Billion)
8.4. Automotive Exterior Trim Parts Market, Sub Segment Analysis
8.4.1. First Fit
8.4.2. Replacement
Chapter 9. Global Automotive Exterior Trim Parts Market, Regional Analysis
9.1. Automotive Exterior Trim Parts Market, Regional Market Snapshot
9.2. North America Automotive Exterior Trim Parts Market
9.2.1. U.S. Automotive Exterior Trim Parts Market Product Type breakdown estimates & forecasts, 2019-2028 Vehicle Type breakdown estimates & forecasts, 2019-2028 Sales Channel breakdown estimates & forecasts, 2019-2028
9.2.2. Canada Automotive Exterior Trim Parts Market
9.3. Europe Automotive Exterior Trim Parts Market Snapshot
9.3.1. U.K. Automotive Exterior Trim Parts Market
9.3.2. Germany Automotive Exterior Trim Parts Market
9.3.3. France Automotive Exterior Trim Parts Market
9.3.4. Spain Automotive Exterior Trim Parts Market
9.3.5. Italy Automotive Exterior Trim Parts Market
9.3.6. Rest of Europe Automotive Exterior Trim Parts Market
9.4. Asia-Pacific Automotive Exterior Trim Parts Market Snapshot
9.4.1. China Automotive Exterior Trim Parts Market
9.4.2. India Automotive Exterior Trim Parts Market
9.4.3. Japan Automotive Exterior Trim Parts Market
9.4.4. Australia Automotive Exterior Trim Parts Market
9.4.5. South Korea Automotive Exterior Trim Parts Market
9.4.6. Rest of Asia Pacific Automotive Exterior Trim Parts Market
9.5. Latin America Automotive Exterior Trim Parts Market Snapshot
9.5.1. Brazil Automotive Exterior Trim Parts Market
9.5.2. Mexico Automotive Exterior Trim Parts Market
9.6. Rest of The World Automotive Exterior Trim Parts Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. AISIN SEIKI Co, Ltd Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
10.2.2. CIE Automotive,
10.2.4. Ficosa Internacional SA,
10.2.5. GEDIA Automotive Group,
10.2.6. GRONBACH Inventive Sales & Marketing GmbH & Co KG,
10.2.8. IDEAL Automotive GmbH,
10.2.9. KASAI KOGYO CO., LTD.,
10.2.10. KIRCHHOFF Automotive GmbH,
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

Need Assistance

Contact Person -
Krishant Mennon
Call us @
+ 91 99931 15879
Email: sales@bizwitresearch.com


Why Choose Us?

Quality over Quantity

Backed by 60+ paid data sources our reports deliver crisp insights with no compromise quality.

Analyst Support

24x7 Chat Support plus
free analyst hours with every purchase

Flawless Methodology

Our 360-degree approach of market study, our research methods leave stones unturned.

Enquiry Now