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North America Automotive Headliners Market to Surpass USD 2.8 Bn by 2026

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.

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North America Automotive Headliners Market to Surpass USD 2.8 Bn by 2026

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  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 @ https://bit.ly/2USUYvf Request for customization @ 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  Phone:1-800-986-6917Email:sales@graphicalresearch.com Web: https://www.graphicalresearch.com ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  7. Stay In Touch With Us For: Website: www.graphicalresearch.com Social Media: Assured Quality On-Time Delivery Payment Security Industry Experts ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

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