Global Automotive Headliners Market Analysis, Size, Share, Demand, Growth, Trends and Forecast 2017 - 2026

Fact.MR has been actively involved in offering comprehensive research data concerning various topics which are associated to industrial reference and investor utility. “Automotive Headliners Market Forecast, Trend Analysis & Competition Tracking - Global Review 2017 to 2026” Readers can access knowledge related to market volume, regional expanse as well as competitive landscape prevailing in the globalautomotive headliners market. In order to study development patterns, this smart assessment also focuses on market dynamics, which talks about drivers, restraints and opportunities estimated to influence the concerned market during the forecast period.

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Competitive advantage of equipping automobiles with utmost range of convenience has driven the sales growth for leading automakers across the globe. Manufacturers of automobiles are actively adopting parts such as headliners in the production of vehicles. The demand for automotive headliners continues to gain traction as these parts have been thoroughly integrated in the production of every automobile hitting the roads. New materials are being used in the production of automotive headliners to increase their stiffness and reduce their weights. The key role of automotive headliners in performance and fuel efficiency of vehicles will instrument their growing demand in the foreseeable future.

According to Fact.MR’s recently published forecast study, the global market for automotive headliners will reflect healthy expansion during the forecast period, 2017-2026. Over the forecast period, the global automotive headliners market is poised to expand at a volume CAGR of 6.9%. The report further projects that by the end of 2026, more than US$ 46 Bn worth of automotive headliners will be sold globally.

APEJ will Remain Largest Market for Automotive Headliners

Considerable vehicle production in countries such as China, and India have underpinned demand for automotive interior components in Asia-Pacific excluding Japan (APEJ). Gradual rise in economic vigour of APEJ countries have made consumers in the region capable of spending more on various products, and vehicles are no exception. In addition, people in APEJ are more interested in automotive interior styling, and demand for advanced components, which in turn will create opportunities for adoption of various automotive headliner types. APEJ will continue to be the largest market for automotive headliners, in terms of value.

Increasing traffic densities across the globe have resulted into an acceleration in demand for compact vehicles. In addition, demand for high quality interior components in compact vehicles is observed to be relatively higher, which in turn complements generation of larger revenues from these vehicles. Revenues from automotive headliner sales for use in compact vehicles will remain relatively larger in the market than all the other vehicle segments, according to Fact.MR’s report. In terms of value, mid-sized vehicles and commercial vehicles will also remain lucrative in the automotive headliners market.

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Although OEM will continue to be the leading sales channel for automotive headliners, sales in aftermarket are projected to reflect a relatively faster expansion, in terms of value, through 2026. Based on headliner type, hardtop headliners will remain preferred among customers across the globe, with revenues poised to account for approximately three-fifth share of the market by 2026-end.

Foam-backed cloth is anticipated to remain sought-after among materials for automotive headliner production, with revenues forecast to reach approximately US$ 20,000,000 Mn by 2026-end. Cotton-napped cloth will also prevail as a lucrative material for production of automotive headliners, in terms of value.

Competition Tracking

Globalization of vehicle development platforms is expected to remain key focus area among automotive manufacturers. OEMs are increasing adopting general vehicle design platforms for developing multiple products that include automotive headliners, and targeting different vehicle segments and customers. Key market players identified by Fact.MR’s report include IAC Group, Toyota Boshoku Corp, Glen Raven, Johns Manville, American Foam & Fabric, Lear Corporation, Harodite Industries, Cindus Corp, Sage Automotive Interiors, and Grupo Antolin.

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This release was published on openPR.