Automotive Mats Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2017 to 2022

Published on : Jul-2017 | List of Tables : 287 | List of Figures : 86 | No. of Pages : 170 | Report Code : FACT2MR |

The automotive mats market is riding on the coattails of industry-wide shift toward lighter, efficient, and aesthetically-pleasing features. As automotive mats and other accessories garner consumer attention, an opportunity to capture profit potential is in the offing for automakers and suppliers. Automotive mats remain one of the highest-selling accessories in terms of volume, but their low average selling price doesn’t translate into heavy revenues and profit. As end-user demand evolves, floor mats that are custom-fit, offer edge-to-edge protection, and add to the aesthetic quotient of the vehicle.

An automotive mat is a type of cover used in the interior of a vehicle to keep it free from dirt and moisture. Available in different forms, floor mats remain a standard on vehicles, and can also be purchased in the aftermarket.

Among all the interior car part accessories included with the purchase of vehicles, automotive mats are expected to be at the top of this list. However, manufacturers of automotive mats are struggling to eliminate predominant flaws such as seepage issues and staining, which is common for rubber as well as fabric products.

The Fact.MR report on global automotive mats market also projects that during the forecast period, 2017-2022, the market will be unable to witness vigorous growth. In 2017, the global market for automotive mats is expected to reach US$ 26.6 Bn. Although, the market is poised to soar at a steady yet moderate CAGR, reaching US$ 33.7 Bn value by the end of 2022.

The global market for automotive mats is analyzed across following segments:

By Material Type

By Mat Type

By Design

By Vehicle Type

Rubber Mats

Standard Mat

Needle punched

Passenger cars

Plastic Mats

3D Mat

Non-skid

LCV

PVC Mats

5D Mat

 

HCV

Metal

 

 

 

(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)

Higher Preference to Rubber Mats

From a manufacturing viewpoint, the production of rubber mats is crippled with strict procurement laws on raw rubber materials. The adverse ecological imprint of rubber dumping, coupled with higher toxic emissions in production of rubber automotive mats, is also expected to restrain the market’s overall growth. In 2017, a little less than 45% of the global automotive mat revenues are anticipated to get translated from sales of rubber mats. Rubber, as a raw material, is witnessing greater preference among manufacturers as well as car buyers. Its competitive advantage over plastic automotive mats in terms of reusability and design flexibility is also expected to boost the sales of rubber automotive mats. While rubber mats will procure global revenues worth nearly US$ 15 Bn by the end of 2022, the revenue growth of plastic materials segment is likely to reflect a moderate CAGR.

5D Automotive Mats Set to Lose Traction

The report highlights the falling share of 5D automotive mats on global market revenues throughout the forecast period. Complex production and one-time usability of 5D automotive mats is expected to turn manufacturers away. Moreover, automobile manufacturers are reluctant to provide vehicles with five dimensional matting as buyers are expected to be drawn towards interior modifications after purchase of the vehicle.

Through 2022, 5D automotive mats are anticipated to showcase a sluggish revenue growth, which will reflect a listless CAGR. On the other hand, demand for 3D automotive mats is expected to gain steady traction, accounting for approximately one-fourth of the global automotive mats market by 2022-end. The market is expected to witness largest demand for standard mats, revenues from which will bring in US$ 18.7 Bn towards the end of the assessment period.

Needle-punched Designs will rake High Profits

Based on the design, the global automotive mats market is anticipated to see dominance of needle-punch design technology. With more than one-half share, the global sales of automotive mats in 2017 will be dominated by needle-punch designs. The other half of the market revenues will be procured from sales of automotive mats with non-skid designs. Preference to non-skid designs will be high among manufacturers of commercial vehicles. Passenger cars will continue to come with needle-punched automotive mats in the years to come. Likewise, more than two-third of the global market value will be accounted by revenues from sales of automotive mats in passenger cars.

Competition Tracking

The report has also profiled leading manufacturers of automotive mats, which include companies such as Covercraft, BDK Auto, Exact Mats, Husky liners Inc., Kraco enterprise, MacNeil automotive product ltd, Lund International, and Max Liners.

Note: The insights mentioned here are of the respective analysts, and do not reflect the position of Fact.MR

The global automotive mat market is affected by a number of developments in new materials from plastics and polymers. This report analyzes the global automotive mat market for the forecast period 2017 to 2022, and offers actionable insights on future market direction.

Scope

The scope of the report is to analyze the global automotive mat market for the period 2017-2022 and give readers an accurate, unbiased analysis. Automotive mat manufacturers, suppliers, and stakeholders in the overall automotive market can benefit from the insights offered in this report. The comprehensive analysis offered in the report can also be of interest to leading automotive journals and trade magazines.

Summary

The report begins with a concise summary of the global automotive mat market. This executive summary sets the tone for the rest of the report, giving users the scope of the report. The executive summary includes important facts and statistics on the global automotive mat market.

Overview

The next section is an overview of the global automotive mat market. This includes the introduction to the market and a standard definition of the product – automotive mat. In this section, year-over-year growth and market value is offered to readers. Year-over-year growth gives readers a broader picture on growth patterns during the forecast period.

The next section of the report offers a thorough description of the latest macroeconomic factors that have a bearing on the global automotive mat market. Considering the interconnectedness of the mat market to global automotive market and, in general, the global economy, readers will get valuable insights on how international developments impact this market.

In a bid to keep readers up-to-date on the latest developments in the global automotive mat market, the report offers readers a roundup of the latest trends impacting the market. As the automotive sector is ever-evolving, staying abreast with latest trends and developments is paramount to formulating key business strategies. Information on supply chain, cost structure, pricing analysis, raw material sourcing, and list of distributors are offered to readers in this section.

Considering the broad scope of the global automotive mat market and to offer detailed insights to readers, the report offers segment-wise analysis and forecast. The automotive mat market has been categorized on the basis of material type, vehicle type, mat-type, design, and region. The segmentation analysis is comprehensive, with detailed country-wise forecast offered on each parameter.

The concluding section of the report profiles companies operating in the global automotive mat market. Companies of all sizes, including market leaders, established players, and market entrants are profiled in this section. The competitive intelligence offers information on company overview and other important parameters, such as product offerings and key financials.

Research Methodology

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  • Primary research
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  • Trade research
  • Focused interviews
  • Social media analysis

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Automotive Mats Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2017 to 2022