Automotive Mats Market 2017 World Analysis, Growth Factors, Opportunities and Forecast To 2022

A freshly compiled business intelligent report, titled “Automotive Mats Market Forecast, Trend Analysis & Competition Tracking - Global Review 2017 to 2022” has been publicized to the vast archive of Fact.MR online repository. This _ page study delivers all the vital details and information required to know about “Automotive Mats” market current as well as future prospects. The analysts of the study have gone through extensive research methodologies in order to generate data and information that reflects the latest market undercurrents and industry trends. For a deeper understanding of the market, a sub-category level analysis has been elaborated, by which readers and investors of the report will able to know that where the market stands to gain.

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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.

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.

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.

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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.

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.

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