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Automotive Headliners Market

OEMs to Procure 85% Market Share for Automotive Headliners: Fact.MR Study

Published : 20 Dec 2021 Industry: Automotive

Fact.MR predicts the global sales of automotive headliners are expected to exceed US$ 13.32 Bn by registering a CAGR of 4% in the forecast period 2022-2032. Increased focus by automotive manufacturers towards the comfort of passengers and drivers is a key factor driving opportunities in the market.

Historically, from 2017 to 2021, the sales of automotive headliners experienced an incline at a CAGR of 3%. The onset of the COVID-19 pandemic affected various industries globally. Due to restriction on movement in different parts of the world, the demand for vehicles witnessed a dip in the initial quarters of the lockdown.

Furthermore, demand from geographical regions such as Asia Pacific and North America is positively influencing the sales of automotive headliners. Moreover, adoption of hybrid and electric cars is playing a key role in the increasing demand for automotive headliners.

Key Takeaways from the Market Study

  • Foam-backed cloth expected to possess more than 40% market share for automotive headliners in the assessment period.
  • OEMs are expected to account for more than 85% of the market share by the end of 2032.
  • Automotive headliners industry expected to possess nearly 40% market share throughout North America.
  • Automotive headliners industry expected to possess nearly 45% market share throughout Asia.
  • U.S, China and India top three countries driving demand for automotive headliners.

“Strict production. Regulations also make the use of low-VOC or VOC-free materials for requirements for safety conformation and ventilation are key factors that influence the choice of material in automotive headliner the construction of headliner substrates increasingly important,” says a Fact.MR analyst.

Competitive Landscape

  • In November 2020, SEAT, for its 2nd Innovation Day, revealed Ku-Fizz, a novel physical foam technology for automotive headliners, which reduces the weight of plastic components, in an initiative towards increasing sustainable materials in the automotive sector.
  • Lear Corporation, Toyota Boshoku Corporation, International Automotive Components Group S.A., Grupo Antolin, Motus Integrated Technologies, UGN Inc, Atlas Roofing Corporation, Acme Auto Headlining Company, American Foam & Fabric, and Howa Tramico (indicative list) are prominent automotive headliners market players.

More Valuable Insights

Fact.MR, in its new offering, presents an unbiased analysis of the global automotive headliners market, presenting historical demand data (2017-2021) and forecast statistics for the period of 2022-2032.

The study indulges essential insights on the market on the basis of material (Foam-backed Cloth, Cotton-napped Cloth, Synthetic Cloth, Perforated Cloth), headliner type (Hardtop, Soft-top), vehicle (Compact, Mid-sized, Premium, Luxury, LCV, HCV), sales channel (OEM and Aftermarket) and across seven major regions (North America, Latin America, Europe, East Asia, South Asia, Oceania and Middle East & Africa).

About the Automotive Division at Fact.MR

Expert analysis, actionable insights, and strategic recommendations of the highly seasoned automobile team at Fact.MR helps clients from across the globe with their unique business intelligence needs. With a repertoire of over thousand reports and 1 million-plus data points, the team has analyzed the automotive industry across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services. Reach out to explore how we can help.

For more information, refer to our market research report or contact the PR author.

Shubham Patidar

Fact.MR

Consultant - Industrial Goods and Automotive

E-mail: Shubham@factmr.com

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Automotive Headliners Market

Automotive Headliners Market
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Automotive Headliners Market Analysis by Material (Foam-backed Cloth, Cotton-napped Cloth, Synthetic Cloth, Perforated Cloth Automotive Headliner), by Headliner (Hardtop, Soft-top Automotive Headliner), by Vehicle, by Sales Channel & Region - Global Forecast 2022-2032