Global Automotive Headliners Market Proposals & Overview of Trends Leading to 7.4% CAGR Growth during 2017-2026

Posted on 2018-07-09 by Mark Hub in Automotive // 0 Comments

ROCKVILLE, US, 2018-Jul-09 — /EPR Network/ — A freshly compiled business intelligent report, titled “Automotive Headliners Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2026” has been publicized to the vast archive of FactMR online repository. This _ page study delivers all the vital details and information required to know about “Automotive Headliners” market current as well as future prospects. The analysts of the study have gone through extensive research methodologies in order to generate data and information that reflects the latest market undercurrents and industry trends. For a deeper understanding of the market, a sub-category level analysis has been elaborated, by which readers and investors of the report will able to know that where the market stands to gain.

According to FactMR’s recently published forecast study, the global market for automotive headliners will reflect healthy expansion during the forecast period, 2017-2026. Over the forecast period, the global automotive headliners market is poised to expand at a volume CAGR of 6.9%. The report further projects that by the end of 2026, more than US$ 46 Bn worth of automotive headliners will be sold globally.

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Competitive advantage of equipping automobiles with utmost range of convenience has driven the sales growth for leading automakers across the globe. Manufacturers of automobiles are actively adopting parts such as headliners in the production of vehicles. The demand for automotive headliners continues to gain traction as these parts have been thoroughly integrated in the production of every automobile hitting the roads. New materials are being used in the production of automotive headliners to increase their stiffness and reduce their weights. The key role of automotive headliners in performance and fuel efficiency of vehicles will instrument their growing demand in the foreseeable future.

Automotive headliners were initially designed for simply covering the roof structure and sheet metal of vehicles, meanwhile improving their interior aesthetics. As consumer demand for style, comfort and safety witnessed a surge, automotive headliners have experienced evolution to incorporate new aspects such as wiring, ducting vents, overhead console, coat hooks, grab handles and sun visors. With more and more parts being integrated into automotive headliners, its market is witnessing a rise accordingly. One of the latest trend being observed in the automotive industry is smart cabin innovations. Automotive vehicle interior designs and technologies have advanced significantly over the recent past across all vehicle segments, ranging from passenger cars to luxury vehicles. Adoption of low-quality & hard plastics or polymers for production of automotive parts such as headliners is being eliminated, to be replaced by advanced and eco-friendly materials, as interior designing is becoming the cornerstone among vehicle designers & manufacturers.

APEJ will Remain Largest Market for Automotive Headliners

Considerable vehicle production in countries such as China, and India have underpinned demand for automotive interior components in Asia-Pacific excluding Japan (APEJ). Gradual rise in economic vigour of APEJ countries have made consumers in the region capable of spending more on various products, and vehicles are no exception. In addition, people in APEJ are more interested in automotive interior styling, and demand for advanced components, which in turn will create opportunities for adoption of various automotive headliner types. APEJ will continue to be the largest market for automotive headliners, in terms of value.

Increasing traffic densities across the globe have resulted into an acceleration in demand for compact vehicles. In addition, demand for high quality interior components in compact vehicles is observed to be relatively higher, which in turn complements generation of larger revenues from these vehicles. Revenues from automotive headliner sales for use in compact vehicles will remain relatively larger in the market than all the other vehicle segments, according to Fact.MR’s report. In terms of value, mid-sized vehicles and commercial vehicles will also remain lucrative in the automotive headliners market.

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Although OEM will continue to be the leading sales channel for automotive headliners, sales in aftermarket are projected to reflect a relatively faster expansion, in terms of value, through 2026. Based on headliner type, hardtop headliners will remain preferred among customers across the globe, with revenues poised to account for approximately three-fifth share of the market by 2026-end.

Foam-backed cloth is anticipated to remain sought-after among materials for automotive headliner production, with revenues forecast to reach approximately US$ 20,000,000 Mn by 2026-end. Cotton-napped cloth will also prevail as a lucrative material for production of automotive headliners, in terms of value.

4 Foresights on How Global Automotive Headliners Market will Expand through 2026

In 2017, more than 67 million units of automotive headliners made of foam-backed cloth have been sold across the globe. The demand for foam-backed cloth materials in production of automotive headliners will remain high through 2026.
Though 2026, more than 60% of the overall global market values will be procured from sales of hardtop headliners. The report further reveals that more than 50 million soft-top automotive headliners were sold across the globe by the end of 2017.
Automotive headliners will be predominantly installed in compact vehicles. By 2026-end, nearly two-fifth of headliners manufactured in the world will be used for compact vehicles. The report estimates nearly 30 million units of automotive headliners have been sold for mid-sized vehicles in 2017.
OEMs will be observed as the largest sales channel for automotive headliners throughout the forecast period. Over 1.8 billion automotive headliners will be sold by OEMs across the globe by the end of 2026.

Competition Tracking

Globalization of vehicle development platforms is expected to remain key focus area among automotive manufacturers. OEMs are increasing adopting general vehicle design platforms for developing multiple products that include automotive headliners, and targeting different vehicle segments and customers. Key market players identified by Fact.MR’s report include IAC Group, Toyota Boshoku Corp, Glen Raven, Johns Manville, American Foam & Fabric, Lear Corporation, Harodite Industries, Cindus Corp, Sage Automotive Interiors, and Grupo Antolin.

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