Acumen research and consulting estimates that the global automotive headliner market is anticipated to reach market size of around US$ 24,000 Mn by 2027 and is anticipated to grow at a CAGR of around 5% in terms of revenue during the forecast period 2020 – 2027.
Automotive headliner is made of different fabric types inside the automotive roof panel, improving the cabin look and appearance. The automobile industry dominating the GDP in a number of economies is the parent market for car headliners. With the increasing number of vehicles on the market, purchases in the automotive headliner are expected to increase rapidly.
Technology advancement and esthetically pleasing interiors are responsible for the growth of the automotive headliner market. During the forecast period the preference of consumers for lucrative and noise canceling interiors drives the growth of the automotive headliner market. Additionally, the large automobile industries are able to incorporate new headliner developments by incorporating features like improved processing, 3D laminated glass and sensors. Manufacturing plants invest in technologies for human-centered design to understand the future advantages of indoor transportation and passenger comfort. In addition, suppliers design new products to enhance overall user interface performance based on customer tastes.
Although the automotive industry is experiencing a major boom, fluctuating raw materials costs can cause significant challenges in the near future. Similarly, rising costs for the manufacture of, among others, automotive headliner materials, such as leather, vinyl, plastics, and rubber are expected to have an negative impact on the demand for the future. Increasing prices in different countries directly affect automotive headliner manufacturing expense. This would pose difficulties for car manufactures in sustaining sustainable car headliner prices. As raw materials account for a large proportion of the cost of goods, their constant price rises will impede the growth of the automotive headliner market.
The market research study on “Automotive Headliner Market (By Material Type: Foam-Backed, Suede Foam-Backed, Cotton Nap Based Cloth, Perforated Vinyl, Synthetic based Cloth, Composite; By Vehicle Type: Passenger vehicles, Commercial vehicle) - Global Industry, Analysis, Market Size, Opportunities and Forecast, 2020 - 2027” offers detailed insights on the global automotive headliner market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report also provides competitive landscape to understand the current stance of particular player. The report provides insights on global automotive headliner market are material type, vehicle type, and major geographic regions. The automotive headliner market analysis is provided for major regional markets including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report.
The demand for premium vehicles is increasing and the OEMs in the forecast period are increasingly growing in China, India and South Korea. The Asia Pacific electric car market is expected to drive enhanced awareness of the environment and government support. The global automotive industry has undergone the greatest transformation in its history over the last decade. While North America and the regions of Europe continue to be the world's largest market, Asia is rising in global vehicle sales and the only major market anticipated being a signal of solid, medium and long-term growth. The two key growth factors for the major automotive headliner market are quick GDP growth and strongly ambitious Asian buyers. In Asia demand will rise in the short and medium term, with passenger car production in China and India increasing by ~44% and ~22% by the end of 2030. Mexico is expected to rise in the forecast period in Latin America by approximately 25%. In the current situation, slowdowns have been observed in the Indian automotive industry as the numerous factors, including poor customer sentiment and lack of liquidity, are continuing in slowdown.
The development of strategic partnerships with other global players is expected to help main players in the global automotive headliner (OE) industry. Since the last decade, the introduction of new models and constant improvements by the major automotive manufacturers has powered the market for cars. Many companies have a strong worldwide footprint, businesses and varied goods. Major players included in this report Atlas Roofing Corporation, Adient plc., Grupo Antolin, Howa-Tramico, Toray Plastics, Inc., IAC Group, Harodite Industries, Industrialesud S.p.a., Motus Integrated Technologies, Lear Corporation, Sage Automotive Interiors, SMS Auto Fabrics, UGN Inc., Toyota Boshoku Corporation, Freudenberg Performance Materials and other.
The global automotive headliner market is segmented as below:
Automotive Headliner Market By Material Type
Cotton Nap Based Cloth
Synthetic based Cloth
Automotive Headliner Market By Vehicle Type
Automotive Headliner Market By Geography
Middle East & Africa
Automotive headliner is made of different fabric types inside the automotive roof panel, improving the cabin look and appearance.
The two key growth factors for the major automotive headliner market are quick GDP growth and strongly ambitious Asian buyers,
The automotive headline market value is anticipated to be worth around US$ 24,000 Mn in 2027.
The automotive headline market is anticipated to grow around 5% CAGR amid the forecast period 2020-2027.
The key players operating in automotive headline market such as Atlas Roofing Corporation, Adient plc., Grupo Antolin, Howa-Tramico, Toray Plastics, Inc., IAC Group, Harodite Industries, Industrialesud S.p.a., Motus Integrated Technologies, Lear Corporation, Sage Automotive Interiors, SMS Auto Fabrics, UGN Inc., Toyota Boshoku Corporation, Freudenberg Performance Materials and other.
The report provides insights on global automotive headline market segment by material type, vehicle type, and major geographic regions.
The automotive headliner market analysis is provided for major regional markets including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.