Automotive Headliners Market; Global Industry Analysis, Growth Forecast & Emerging Trends To 2026
The size of automotive headliners market was registered at USD 18.6 billion in the year 2019 and is anticipated to cross USD 19 billion by 2026. Between the period 2020-2026, the market is expected to register a CAGR of 4.8%.
One such company, FoamPartner- a pioneer in advanced foam solutions, had in 2019 announced developing a foam product family characterized by low emission levels for use in automotive headliners with massive demands on design and processability. Developed by patented ether prepolymer technology and named OBoSky, the material is specifically targeted to cater to the burgeoning demand for automotive headliners. Owing to their high elongation and good resilience, these foams also have a perfect fit in more automotive interior applications demanding a pleasant soft feel.
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With the world progressing towards modernization, people around the globe have been spending heftily in owning luxury vehicles that are incorporated with best in class features and optimum consumer satisfaction. This has indeed propelled the need for perfect automotive headliners, allowing the market to carve a profitable niche for itself in the overall automotive and transportation business sphere over 2020 to 2026.
Elaborating further on the material façade, it has been observed that the global automotive headliners market is gradually driven by both the plastics and fabrics segments. Reports suggest that the plastics domain would dominate the overall market in the years to come, perhaps due to its excellent performance, lightness, and easy availability. Meanwhile, the fabrics segment is also likely to hold a considerable share of 20% in automotive headliners market; courtesy- its aesthetic appeal and lightness. It has been claimed that passengers, HCVs, and luxury vehicles are expected to leverage the diverse advantages of automotive headliners in the near future.
Speaking of which, the HCVs are currently observing a significant growth in headliner consumption. This can be ascribed to the rising demand for lorries with integrated driver cabins to augment the comfort level. What more has impelled the demand for advanced headliners across HCVs is the improving operational capabilities and outgrowing number of amenities for these vehicles. While on the other hand, economic development and expanding disposable incomes of the middle-class population has undeniably urged people to opt for luxury vehicles.
Although the European continent is currently facing the wrath of coronavirus infection spread, it is essential to state that the regional automotive headliners market would depict a CAGR of 4% through 2026, as companies are relentlessly working towards overall weight reduction in vehicles in an effort to enhance the fuel efficiency. In addition to this, European regulatory bodies and organizations including the regional and federal, have mutually established regulations and standards to curtail vehicle emission. This has undeniably offered various automakers in the region to develop sustainable and potential solutions in the overall automotive headliners market.
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Data Tables
TABLE 1 Automotive headliner industry 360° synopsis, 2016 – 2026
TABLE 2 Global automotive headliners market estimates & forecast (Tons) (USD Million), 2016 - 2026
TABLE 3 Global automotive headliner industry volume estimates & forecast by materials, (Tons), 2016 – 2026
TABLE 4 Global automotive headliner industry revenue estimates & forecast by materials, (USD Million), 2016 – 2026
TABLE 5 Global automotive headliner industry volume estimates & forecast by vehicles, (Tons), 2016 – 2026
TABLE 6 Global automotive headliner industry revenue estimates & forecast by vehicles, (USD Million), 2016 – 2026
TABLE 7 Global automotive headliner industry volume estimates & forecast by distribution channel, (Tons), 2016 – 2026
TABLE 8 Global automotive headliners market revenue estimates & forecast by distribution channel, (USD Million), 2016 – 2026
TABLE 9 Global automotive headliner industry volume estimates & forecast by region, (Tons), 2016 - 2026
TABLE 10 Global automotive headliner industry revenue estimates & forecast by region, (USD Million), 2016 - 2026
TABLE 11 Patent analysis
TABLE 12 Industry impact forces
TABLE 13 Strategy dashboard
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