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Increasing Demand For Commercial Vehicles Drives The Growth Of The Automotive Cup Holder Market: Strengthening the Growth Trajectory of the Automotive Cup Holder Market
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Automotive Cup Holder Market Through 2025?
The automotive cup holder market has seen strong growth, moving from $2.59 billion in 2024 to $2.73 billion in 2025 at a CAGR of 5.2%. Past expansion was driven by lifestyle changes, more out-of-home activities, beverage integration in commuting, competitive automotive markets, demand for convenience, comfort-focused interiors, and drive-through culture.
What's the Projected Size of the Global Automotive Cup Holder Market by 2029?
The market size for automotive cup holders is projected to experience consistent growth over the coming years. It's anticipated to rise to a value of $3.29 billion by 2029, with a CAGR of 4.8%. The increase during the projected timeframe can be linked to factors such as the growing preference for SUVs and crossovers, the expansion of mobility and ride-sharing services, a focus on vehicle interior aesthetics, and the trends of customization and personalization along with creative cup holder designs. Major tendencies expected during the forecast period encompass the integration of clever features into cup holders, the creation of expandable and adjustable designs for cup holders, the launch of cup holders equipped with built-in hydration systems, the development of integrated multi-functional console designs and the adoption of easy-to-clean and sanitary materials for cup holders.
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Top Growth Drivers in the Automotive Cup Holder Industry: What's Accelerating the Market?
The anticipated surge in commercial vehicle requirements is predicted to be a catalyst for the expansion of the automotive cup holder industry. Commercial vehicles, predominantly utilized for commercial or business activities, are tailored and prepared to convey goods and travelers or execute specific commercial, trade, or industrial tasks. Automotive cup holders in these vehicles are crucial enhancements that offer both ease and functionality to drivers and passengers during their demanding journeys. For example, the National Automobile Dealers Association, an American trade group, reported in December 2022 that sales of commercial trucks escalated to 476,000 units, marking a 3.8% rise from 2021. Consequently, the mounting need for commercial vehicles is fueling the enlargement of the automotive cup holder industry.
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What Trends Will Shape the Automotive Cup Holder Market Through 2029 and Beyond?
Leading companies in the automotive cup holder market are concentrating on creating innovative detachable rear dual cup holders in order to deliver dependable services to their patrons. The removable rear dual cup holder, an auto accessory, is designed to offer a handy and secure spot for storing beverages or cups in a vehicle's backseat area. As an illustration, in May 2023, Mabbette, an American multi-disciplinary consulting and engineering design firm, introduced a removable rear dual cup holder. This cup holder presents a subtly textured black finish for an OEM look that matches with factory car interiors. It is foldable, providing effortless accessibility to the rear seating. Furthermore, the interior of this drink holder is engineered with a non-slip lining to stop beverages from jostling or overflowing.
What Are the Main Segments in the Automotive Cup Holder Market?
The automotive cup holder market covered in this report is segmented -
1) By Type: Fixed Cup Holders, Folding Cup Holders, Removable Cup Holders, Built-In Cup Holders
2) By Material: Plastic Cup Holders, Metal Cup Holders, Synthetic Fiber Cup Holders
3) By Technology: Total Internal Reflection Technology, 360-Degree Spin Technology, Controlled Temperature Technology
4) By Vehicle Type: Passenger Cars, Commercial Vehicles, Other Vehicle Types
Subsegments:
1) By Fixed Cup Holders: Single Fixed Cup Holders, Double Fixed Cup Holders
2) By Folding Cup Holders: Retractable Folding Cup Holders, Foldable Tray Cup Holders
3) By Removable Cup Holders: Detachable Cup Holders, Portable Cup Holders
4) By Built-In Cup Holders: Integrated Armrest Cup Holders, Dashboard-Mounted Cup Holders
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Which Top Companies are Driving Growth in the Automotive Cup Holder Market?
Major companies operating in the automotive cup holder market report are Nifco Inc., Dorman Products Inc., Whitecap Industries, Covercraft Industries LLC, Gamber-Johnson LLC, Fia Inc., Jvis USA LLC, Hansshow Technology Co. Ltd., Lloyd mats Automotive Products, Custom Accessories Inc., Dongguan Siteng Electronics Co. Ltd., Robeck Fluid Power Co., Bell Automotive Products Inc., OneMonroe (Monroe Engineering Products), Bracketron Inc., Great Day Inc., Landes Inc., Bestek Group Ltd., Seiko Sangyo Co. Ltd., Guangzhou Chengnz Industrial Co. Ltd., Custom Auto Trim Inc., Car Console Covers Plus, JSP Manufacturing, Paragon Plastics LLC, Maksimatic Inc., Napolex Corporation, Upmold
Which Regions Will Dominate the Automotive Cup Holder Market Through 2029?
Europewas the largest region in the automotive cup holder market in 2024. The regions covered in the automotive cup holder market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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