Automotive Headliners Market in North America 2020 | Industry Research Report and Forecast to 2026 - PowerPoint PPT Presentation

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Automotive Headliners Market in North America 2020 | Industry Research Report and Forecast to 2026

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North American Automotive Headliners Market size is anticipated to exceed USD 2.8 billion by 2026, according to a latest forecast report by Graphical Research. The increasing production of automobiles and the rising focus on weight reduction along with carbon footprint alleviation are some of the key factors estimated to drive the automotive headliners market growth. North America produced over 12.8 million motor vehicles in 2019 and the U.S. was the major producer with 10.9 million vehicles. – PowerPoint PPT presentation

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Title: Automotive Headliners Market in North America 2020 | Industry Research Report and Forecast to 2026


1

North America Automotive Headliners Market to
Surpass USD 2.8 Bn by 2026 Graphical Research
2018 Graphical Research. All rights
reserved.


www.graphicalresearch.com
2

North American Automotive Headliners Market size
is anticipated to exceed USD 2.8 billion by 2026,
according to a latest forecast report by
Graphical Research. The increasing production of
automobiles and the rising focus on weight
reduction along with carbon footprint alleviation
are some of the key factors estimated to drive
the automotive headliners market growth. North
America produced over 12.8 million motor vehicles
in 2019 and the U.S. was the major producer with
10.9 million vehicles. Therefore, a large fleet
production and felicitous properties, such as
lightness, superior stiffness, and strength
durability offered by recent plastics are fueling
the adoption of automotive headliners as a viable
interior solution. Additionally, stringent
regulations regarding vehicle emissions are
steering manufacturers towards building
lightweight automobiles. Besides, a 10 reduction
in the weight of a passenger car may result in a
6 - 8 improved fuel efficiency and some 10 in
the instance of electric cars. Current plastics
and composites play a critical part in the
evolution of innovative and energy-efficient
automobiles. Therefore, to mitigate the
environmental impacts and reduce the carbon
footprint, major manufacturers are using green
ingredients for interior components. For
instance, Ford Motors used bio-based polyurethane
foams in some of their vehicles to reduce vehicle
weight and carbon emission along the way. On the
other hand, the high cost of cutting-edge
headliners and other overhead systems may create
restraints for the market growth. Moreover, the
reduced demand for automobiles due to the
outbreak of COVID-19 has affected the automotive
headliners market size significantly. The imposed
lockdowns and restricted movement led to a
shortage in raw materials resulting in declined
vehicle production. This, in turn, severely
affected the headliners market and the sales
plummeted by over 21 in 2020. However, improving
economic conditions and boosting consumer
spending power is expected to improve the sales
of automobiles in the approaching years. Hence,
the consumption of automotive headliners has been
projected to increase with an over 12 revival
rate in 2021.
2018 Graphical Research. All rights
reserved.


www.graphicalresearch.com
3

Get sample copy of this research report _at_
https//bit.ly/2USUYvf Request for
customization _at_ https//bit.ly/3qJC7yD
2018 Graphical Research. All rights
reserved.


www.graphicalresearch.com
4

Fabrics segment will witness more than a 4.5
CAGR from 2020 to 2026. A range of factors is
considered while determining the suitable
material and some of these include low VOC,
ventilation, safety, and geography. Government
policies and regulations force manufacturers to
use material with a small number of VOCs in the
production of headliners and interiors of
vehicles. Since fabrics are a worthwhile solution
for reducing vehicle weight along with carbon
footprint, the material is widely preferred by
several auto manufacturers. Some of the fabrics
used for headliners include synthetic cloth,
foam-backed cloth, Alcantara, wool cloth, and
others. The aftermarket delivery channel emerged
as the fastest-growing segment and is predicted
to register a growth of over 6.4 till 2026. The
growth is attributed to the existence of several
medium and small-size suppliers. Moreover, the
growing e-commerce industry will significantly
drive the industry growth and will help suppliers
to expand their consumer base. Another key factor
fueling the product demand is the shifting
preference of automobile owners for customized
headliners. The U.S. will account for the major
automotive headliners market share throughout the
study period. This is primarily due to the large
vehicle fleet present in the nation. According to
the U.S. Department of Transportation, the United
States produced over 11.3 million passenger and
commercial vehicles in 2018 and some 10.9 million
vehicles in 2019. Additionally, the availability
of global automobile manufacturers and the
presence of world-class manufacturing facilities
in the region are playing an important role in
the progress of the automotive sector. The rising
fondness of vehicle modification coupled with
swelling demand for luxury sports cars will
further stimulate the market demand. Key
manufacturers of automotive headliners include
Johns Manville, Motus Integrated Technologies,
Toyota Boshoku Corporation, SA Automotive, Kasai
North America, Inc., U.G.N., Inc., Inteva
Products, LLC, Acme Auto Headlining Co., MGC
Manufacturing Inc., and Sage Automotive
Interiors. The manufacturers are focused on
innovative product launches, manufacturing
capacity expansion, and mergers acquisitions to
reinforce their position in the market.
2018 Graphical Research. All rights
reserved.


www.graphicalresearch.com
5

Segmentation of North America Automotive
Headliners Market North America Market, by
Vehicle HCV LCV Passenger Cars North America
Market, by Material Fabrics Plastics North
America Market, by Distribution
Channel Aftermarket OEM The above information
has been provided for the following
countries North America U.S. Canada
2018 Graphical Research. All rights
reserved.


www.graphicalresearch.com
6

About Graphical Research Graphical Research is
a business research firm that provides industry
insights, market forecast and strategic inputs
through granular research reports and advisory
services. We publish targeted research reports
with an aim to address varied customer needs,
from market penetration and entry strategies to
portfolio management and strategic outlook. We
understand that business requirements are unique
our syndicate reports are designed to ensure
relevance for industry participants across the
value chain. We also provide custom reports that
are tailored to the exact needs of the customer,
with dedicated analyst support across the
purchase lifecycle. Contact Us Parikhit
B. Corporate sales, Graphical
Research  Phone1-800-986-6917Email sales_at_graphi
calresearch.com  Web https//www.graphicalresea
rch.com
2018 Graphical Research. All rights
reserved.


www.graphicalresearch.com
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