Automotive Flooring Market Report: Trends, Forecast and Competitive Analysis to 2030

Automotive Flooring Market Report: Trends, Forecast and Competitive Analysis to 2030

Automotive Flooring Trends and Forecast

The future of the global automotive flooring market looks promising with opportunities in the passenger car, light commercial vehicle, and heavy commercial vehicle markets. The global automotive flooring market is expected to reach an estimated $1.7 billion by 2030 with a CAGR of 5.6% from 2024 to 2030. The major drivers for this market are rising interest in environmentally friendly materials, increased consciousness of roughness, vibration, and noise, along with the growing demand for electric cars and an increase in the need for low-weight automotive materials to decrease vehicle emissions.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Automotive Flooring by Segment

The study includes a forecast for the global automotive flooring by product, material, application, and region.

Automotive Flooring Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• Mats
• Carpet

Automotive Flooring Market by Material [Shipment Analysis by Value from 2018 to 2030]:

• Polyurethane
• Polypropylene
• Nylon
• Rubber
• Others

Automotive Flooring Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles

Automotive Flooring Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Automotive Flooring Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies automotive flooring companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automotive flooring companies profiled in this report include-

• ACME Mills Company
• Hayakawa Eastern Rubber
• Hayashi Telempu
• Auto Custom Carpet
• Feltex Automotive
• Kotobukiya Fronte
• Autoneum
• GRUPO ANTOLIN IRAUSA
• Autotech Nonwovens
• TOYOTA BOSHOKU

Automotive Flooring Market Insights

Lucintel forecasts that carpet will remain the larger segment over the forecast period because the carpets provide superior comfort for passengers and drivers by offering cushioning and reducing vibration from the road.

APAC is expected to witness highest growth over the forecast period due to rising demand for improved passenger comfort and safety in cars, along with increasing automotive manufacturing in China, India, and South Korea.

Features of the Global Automotive Flooring Market

Market Size Estimates: Automotive flooring market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Automotive flooring market size by product, material, application, and region in terms of value ($B).

Regional Analysis: Automotive flooring market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different product, material, application, and regions for the automotive flooring market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the automotive flooring market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the automotive flooring market size?

Answer: The global automotive flooring market is expected to reach an estimated $1.7 billion by 2030.

Q2. What is the growth forecast for automotive flooring market?

Answer: The global automotive flooring market is expected to grow with a CAGR of 5.6% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the automotive flooring market?

Answer: The major drivers for this market are rising interest in environmentally friendly materials, increased consciousness of roughness, vibration, and noise, along with the growing demand for electric cars and an increase in the need for low-weight automotive materials to decrease vehicle emissions.

Q4. What are the major segments for automotive flooring market?

Answer: The future of the global automotive flooring market looks promising with opportunities in the passenger car, light commercial vehicle, and heavy commercial vehicle markets.

Q5. Who are the key automotive flooring market companies?

Answer: Some of the key automotive flooring companies are as follows:

• ACME Mills Company
• Hayakawa Eastern Rubber
• Hayashi Telempu
• Auto Custom Carpet
• Feltex Automotive
• Kotobukiya Fronte
• Autoneum
• GRUPO ANTOLIN IRAUSA
• Autotech Nonwovens
• TOYOTA BOSHOKU

Q6. Which automotive flooring market segment will be the largest in future?

Answer: Lucintel forecasts that carpet will remain the larger segment over the forecast period because the carpets provide superior comfort for passengers and drivers by offering cushioning and reducing vibration from the road.

Q7. In automotive flooring market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to rising demand for improved passenger comfort and safety in cars, along with increasing automotive manufacturing in China, India, and South Korea.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the automotive flooring market by product (mats and carpet), material (polyurethane, polypropylene, nylon, rubber, and others), application (passenger cars, light commercial vehicles, and heavy commercial vehicles), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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