Automotive Floor Mat Market
Growth Factors of Automotive Floor Mat Market
The global automotive floor mat market size was valued at USD 11.38 billion in 2022 and is projected to grow from USD 11.80 billion in 2023 to USD 15.75 billion by 2030, exhibiting a CAGR of 4.2% during the forecast period of 2023-2030.
The pandemic prompted a decline in the Automotive Floor Mat Market due to disrupted supply chains and decreased car income. However, the marketplace is anticipated to recover as economies stabilize and demand for automobile add-ons rises, impeding the automotive floor mat market growth.
The Automotive Floor Mat Market is driven by increasing automobile production, growing patron demand for vehicle customization, and growing consciousness of interior protection. Additionally, improvements in fabric technology and the development of green, durable mats are boosting the marketplace boom.
Customized designs are becoming increasingly famous in the automobile ground mat marketplace, allowing purchasers to personalize their motors with unique and elegant accessories. The 3-D printing era has enabled the production of exceptionally customized ground mats with one-of-a-kind styles and designs, catering to man or woman possibilities and growing a certainly customized riding experience, expanding the automotive floor mat market share globally. This fashion displays the developing purchaser's call for products that align with their private fashion and options.
Comprehensive Analysis of Automotive Floor Mat Market
The Automotive Floor Mat Market is segmented by car kind, material, and income channel. Regarding vehicle type, passenger automobiles dominate the market because of higher international automobile income and demand for vehicle add-ons, including mats. The commercial automobiles segment is also developing, pushed by using the want for durable mats to protect interiors from put on and tear. Based on cloth, rubber mats keep the most significant marketplace proportion due to their sturdiness and easy protection, while polymer mats are gaining popularity for his or her versatility. The income channel is divided into OEMs, which lead the market, and the aftermarket segment, which is predicted to develop due to flexible and cost-effective offerings.
The Asia Pacific region led the automotive floor mat market by benefitting a size of USD 7.26 billion in 2022 due to the growing quantity of car owners, the demand for accessories like ground mats is expected to rise.
The leading automotive floor mat market players significantly shape its growth trajectory and set industry standards. These key players, including Husky Liners, Inc. (U.S.), 3M (U.S.), Autotech Nonwovens Pvt Ltd. (India), Lloyd Mats Inc. (U.S.), Thermoflex (U.S.), Walser GmbH (Austria), RACEMARK International (U.S.), MaxLiners (Thailand), Covercraft (U.S.), Auto Custom Carpet Inc. (U.S.), Toyota Boshoku Corporation (Japan), Low & Bonar PLC (U.K.), Suminoe Textile Co., Ltd. (Japan), and MacNeil IP LLC (U.S.), contribute to a competitive landscape, driving innovation and market advancement.
In May 2023, Maxliner Australia, a division of Maxliner, discovered plans to amplify its number-one showroom and warehouse in Perth. The new area, located inside the southern suburb of Canning Vale, will function as a contemporary fitting workshop, a retail showroom, and a warehouse facility.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2030
Base Year 2022
Estimated Year 2023
Forecast Period 2023-2030
Historical Period 2019-2021
Growth Rate CAGR of 4.2% from 2023 to 2030
Unit Value (USD Billion)
Segmentation By Vehicle Type
Passenger Cars
Commercial Vehicles
By Material
Rubber
Textile
Polymer
By Sales Channel
OEM
Aftermarket
By Region
North America (By Vehicle Type, By Material, By Sales Channel, By Country)
- U.S. (By Vehicle Type)
- Canada (By Vehicle Type)
- Mexico (By Vehicle Type)
Europe (By Vehicle Type, By Material, By Sales Channel, By Country)
- U.K. (By Vehicle Type)
- Germany (By Vehicle Type)
- France (By Vehicle Type)
- Rest of Europe (By Vehicle Type)
Asia Pacific (By Vehicle Type, By Material, By Sales Channel, By Country)
- China (By Vehicle Type)
- India (By Vehicle Type)
- Japan (By Vehicle Type)
- South Korea (By Vehicle Type)
- Rest of Asia Pacific (By Vehicle Type)
Rest of the World (By Vehicle Type, By Material, By Sales Channel, By Country)
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