openPR Logo
Press release

Global Interior Car Accessories Market to Show US$ 267.14 Billion by 2024 : Persistence Market Research

Interior Car Accessories Market

Interior Car Accessories Market

The global interior car accessories market is estimated to reach a market valuation of US$ 267.14 Bn by the end of 2024, registering a CAGR of 5.6% in terms of value over an eight-year forecast period (2016–2024). A new report published by Persistence Market Research titled “Interior Car Accessories Market: Global industry Analysis and Forecast, 2016-2024” examines the global interior car accessories market from 2016 to 2024 and provides useful insights on key drivers and trends influencing the market.

Sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/11833

The global interior car accessories market is categorized by product type into covers, electronic accessories, knobs, consoles & organizers, car cushions & pillows, fragrance, communication, car mats, central locking system, dash kits, and sunshades; by vehicle type into passenger cars and pickup trucks; by distribution channel into OEM and aftermarket; and by region into North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa. According to analysts at Persistence Market Research, the passenger cars segment is estimated to account for a bulk of the interior car accessories market by the end of 2016 and is expected to hold a market share of 92.0% by the end of the forecast period (2024).

Market dynamics

A growing consumer inclination towards an entertaining driving experience, increasing demand for fast moving car accessories, and rising vehicle customization among a young population are the key drivers expected to fuel growth of the global interior car accessories market over the forecast period. Growth of the global automotive industry and a subsequent rise in the sales of passenger cars and pickup trucks is further likely to boost the global market for interior car accessories.

The global market for interior car accessories does face some challenges. “Availability of counterfeit and inferior quality electronic accessories, which are mostly imported from Asian continents to other regions and cost competitiveness owing to huge market fragmentation is anticipated to hamper the growth of the global interior car accessories market over the forecast period.” --- Business Analyst – Automotive, Persistence Market Research

Market highlights

By product type, the covers and electronic accessories segments are collectively expected to hold the highest revenue share over the forecast period. The covers segment is estimated to be valued at US$ 36.46 Bn by the end of 2016, up from US$ 34.48 Bn in 2015. The electronic accessories segment is estimated to account for the highest revenue share, valued at US$ 48.84 Bn by the end of 2016.

By distribution channel, the aftermarket segment is estimated to account for 74.7% value share in 2016 and is projected to register a CAGR of 5.2% over the forecast period.

Request to view Table of Content @ http://www.persistencemarketresearch.com/market-research/interior-car-accessories-market/toc

Among regions, Europe is expected to account for the highest share of the global interior car accessories market over the forecast period, owing to increased consumer spending on interior car accessories in the region. Europe is estimated to account for a revenue share of 34.0% by the end of 2016, registering a CAGR of 5.8% over the forecast period. North America is likely to account for 20.1% revenue share by the end of 2024.

To Buy Full Report for a Single User @ http://www.persistencemarketresearch.com/checkout/11833

Vendor information

Pep Boys, Pioneer Corporation, Garmin Ltd., O’Reilly Auto Parts, U.S. Auto Parts Network Inc., Pecca Group Berhad, CAR MATE MFG, CO., LTD., Covercraft Industries, LLC, Classic Soft Trim, Lloyd Mats, H.I. Motors, Star Automotive Accessories, and Momo Srl are some of the leading players operating in the global interior car accessories market. These companies are focusing on a vertical integration of their supply chain. A common trend observed in the global interior car accessories market is that market leaders are targeting new markets with strategic mergers and acquisitions.

About Us

Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients business needs.

PMR stands committed to bringing more accuracy and speed to clients business decisions. From ready-to-purchase market research reports to customized research solutions, PMRs engagement models are highly flexible without compromising on its deep-seated research values.

Contact

Persistence Market Research Pvt. Ltd
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA - Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
media@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Interior Car Accessories Market to Show US$ 267.14 Billion by 2024 : Persistence Market Research here

News-ID: 527191 • Views:

More Releases from Persistence Market Research

Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by Sustainability and Supply Chain Efficiency
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Growth - Persistence Market Research
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Healthcare Demand
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained

All 5 Releases


More Releases for Accessories

Gaming Accessories Market
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- Gaming Accessories Market size was valued at USD 6.8 Billion in 2022 and is projected to reach USD 14.4 Billion by 2030, growing at a CAGR of 9.80% from 2023 to 2030. The gaming accessories market is poised for significant growth, presenting numerous opportunities for manufacturers and retailers alike. As gaming continues to gain traction as a mainstream form of entertainment, the demand for high-quality gaming peripherals
Breastfeeding Accessories Market Report 2024 - Breastfeeding Accessories Market …
"The Business Research Company recently released a comprehensive report on the Global Breastfeeding Accessories Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry. According to The Business Research Company's, The breastfeeding accessories market size
Brookys Motorcycle Accessories
Brooky's Motorcycle Accessories have been serving the motorcycling community since 2008, with our in-de-depth motorcycle knowledge acquired over a life time. Brooky’s keep up to date with all the latest products and models, bringing you the newest parts and accessories at an unbeatable price. Brookys Motorcycle Accessories specialise in both ON-ROAD and OFF-ROAD motorcycle parts and accessories, ATV, Buggies and farm vehicles. Brooky’s also has a workshop division, state of the
morelife LONDON Launched Car Accessories – Redefined the value of money for ac …
It comes no shocker that when you would search for car accessories online you would find morelife LONDON taking the industry by storm with its exceptionally well priced products in the industry where car accessories come and go but these accessories are here to stay for sure. At the morelife LONDON online store we are providing astounding discounts over major car accessories from chrome grills to car chargers to many
Heat shrinkable Cable Accessories, Power Cable Accessories Supplier, Heat Shrink …
Yamuna Cable Accessories Pvt. Ltd. is manufacturer and exporter of Cable Accessories, Power Cable Accessories Exporter, Heat Shrinkable Tubing accessories are Heat Shrinkable Anti-Tracking Rain Sheds, Heat Shrinkable Anti Tracking Breakout. These Heat Shrinkable Tubing Accessories are used in Power Distribution, Electrical Insulation, Telecommunication & other similar industries & applications. We use the best quality of raw materials & machines to manufacture these Power Cable Accessories Supplier, Heat shrinkable Cable
Cable Accessories
Yamuna Cable Accessories Pvt. Ltd. is located in Delhi and offers Cable Accessories products which include cable jointing accessories, cable jointing systems, cable joints kits, Resin Pour, Tapex, low, middle and high voltage heat shrinkable, cold shrinkable power cable accessories and etc. These Cable Accessories products are widely used in the electronics, electric power, automotive, and communication industries, providing insulation and effective sealing protection. Yamuna Densons accessories are available at