Automotive Floor Carpet Market size to grow by USD 1,389.79 million from 2022 to 2027: Rising Demand for Vehicle Customization in Western Market to Drive Growth - Technavio

NEW YORK, June 8, 2023 /PRNewswire/ -- The global automotive floor carpet market size is estimated to increase by USD 1,389.79 million by 2027. The market's growth momentum will be progressing at a CAGR of  3.75%. The rising demand for vehicle customization in Western markets is notably driving the automotive floor carpet market growth. Customizable floor carpets offer manufacturers the opportunity to add value to their vehicles and appeal to a wider range of consumers. Furthermore, with the spread of electric vehicles (EVs) and hybrid vehicles, the demand for high-end floor carpets is expected to increase. The design of these vehicles often focuses on comfort and luxury, and high-quality floor carpets can enhance the consumer's overall driving experience. Overall, rising demand for vehicle customization and a growing focus on comfort and luxury in the automotive industry is expected to drive the global automotive floor carpet market during the forecast period. Discover some insights on the market size historic period (2017 to 2021), and Forecast 2023-2027 before buying the full report -Request a sample report

Global Automotive floor carpet market – Customer Landscape

Our report analyzes the life cycle of the global automotive floor carpet market from the innovator's stage to the laggard's stage. The report illustrates the lifecycle of the global automotive floor carpet market, focusing on the adoption rates of the major countries such as the US, Canada, China, India, Japan, and Germany. To help companies evaluate and develop growth strategies for 2023-2027. To help companies evaluate and develop growth strategies, the report outlines –

• Key purchase criteria
• Adoption rates
• Adoption lifecycles
• Drivers of price sensitivity 
• To unlock the detailed information on the customer landscape - request a sample now!

Global Automotive floor carpet market – Vendor Analysis
Vendor Landscape -

The global automotive floor carpet market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer automotive floor carpet in the market are Adler Pelzer Holding GmbH, Auto Custom Carpets Inc., Autoneum Holding Ltd., Beaulieu International Group, Bharat Seats Ltd., Corinthian Textiles, Dorsett, Feltol Manufacturing Co. Ltd., Freudenberg SE, Hayashi Telempu Co. Ltd., Hyosung Advanced Materials, IDEAL Automotive GmbH, KK Motors Inc., Knox Auto Carpets Pty Ltd., Kotobukiya Fronte Co. Ltd., Toyota Motor Corp., Vaccess India Pvt. Ltd., Wade Automotiv, Betap B.V., and Hitkari Hitech Pvt. Ltd. and others.

The global automotive floor carpet market has the presence of numerous vendors that cater to the needs of global and regional automobiles. The vendors operating in this market have both international and regional presence. The vendors are increasingly using efficient materials and manufacturing processes to increase the quality, durability, and reliability of automobile floor carpets which includes recycled polyester and bio-based polyurethane. This is in line with the growing needs of OEMs that want to enhance the aesthetics of their vehicle interiors. Suppliers offer sub-components and materials, such as yarns and synthetic fibers, to these vendors, which are used to design and make automotive floor carpets. Such factors will increase the market growth during the forecast period.

What's New? -

• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!

Vendor Offerings -

• Adler Pelzer Holding GmbH: The company offers automotive floor carpet solutions such as Integrated Floor Carpet, Floor Insulation, Dilour Carpet, Tufted Carpet, and Floor Trim.
• Auto Custom Carpets Inc.: The company offers automotive floor carpet solutions such as molded carpet, cut and sewn carpet, and floor mats with embroidered logos.
• Autoneum Holding Ltd.: The company offers automotive floor carpet solutions such as IFP R2, AUTYL, Nero Acoustics, Relive 1, Di Light, and Clean Tuft.
• For details on the vendor and its offerings – Request a sample report

Global Automotive Floor Carpet Market - Segmentation Assessment
Segment Overview
Technavio has segmented the market based on type (non-woven and tufted), application (passenger vehicles and commercial vehicles), and geography (APAC, Europe, North America, South America, and Middle East and Africa). 

• The non-woven segment will account for a major share of the market growth. In the automotive industry, non-woven carpets are often used as flooring in passenger cars, commercial vehicles, and other modes of transport. In addition, the global automotive floor carpet market in the non-woven segment is expected to grow during the forecast period owing to rising demand for durable and cost-effective automotive floor coverings.

Geography Overview
By geography, the global automotive floor carpet market is segmented into APAC, Europe, North America, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global automotive floor carpet market.

• APAC is estimated to contribute 49% to the growth of the global market during the forecast period. APAC dominated the global automotive floor carpet market in 2022 and is expected to maintain its leading position during the forecast period. Rising automotive demand in China, India, and South Korea is driving the growth of the automotive carpet market in the region. Moreover, rapid industrialization and urbanization are paving the way for major economic transformations in these countries, leading to increased demand for automobiles in APAC. This is expected to drive the growth of the automotive floor carpet market in APAC during the forecast period.

For insights on global, regional, and country-level parameters with growth opportunities from 2017 to 2027 - Download a Sample Report

Global Automotive Floor Carpet Market – Market Dynamics

Key Trends - Technological developments are the primary trend in the global automotive floor carpet market growth. Leading players in the market are increasingly using high-quality, scratch-resistant polyurethane leather for entry-level passenger car floor carpets. Cross-linked polyethylene (PE), which is environmentally friendly and odorless, is also increasingly being used in floor carpets. A floor carpet with a unique combination of sound insulation and sound absorption. These can be adapted to the shape of the cabin. PET has many advantages, such as lighter weight, lower friction, and longer life. Additionally, the use of such materials can help further reduce noise, vibration, and harshness (NVH) levels, which are currently used as key indicators of vehicle performance. Therefore, the use of materials that help reduce NVH value enhances the vehicle's overall value proposition and helps improve sellability, driving the market growth during the forecast period. 

Major challenges - The fluctuating prices of raw materials are major challenges impeding the growth of the global automotive floor carpet market. Raw materials used to manufacture car floor carpets include synthetic fibers, natural fibers, and adhesives. The prices of these commodities frequently fluctuate due to various factors, such as changes in supply and demand, geopolitical events, and natural disasters. This poses a significant challenge for manufacturers who need to control costs and pricing in a volatile market environment. Moreover, commodity prices fluctuate sharply due to ongoing trade friction between the US and China, instability in Europe due to Brexit, and declining automobile sales. Such problems impede the smooth flow of international trade and make it impossible to predict commodity prices during the forecast period. 

Drivers, Trends and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this Automotive Floor Carpet Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the Automotive Floor Carpet Market between 2023 and 2027
• Precise estimation of the size of the Automotive Floor Carpet Market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the Automotive Floor Carpet Market industry across APAC, Europe, North America, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of Automotive Floor Carpet Market vendors

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Related Reports: 

• The automotive floor mats market share is expected to increase by USD 13.77 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 4.12%. Furthermore, this report extensively covers the automotive floor mats market segmentation by type (rubber, textile, plastic, and others) and geography (APAC, Europe, North America, South America, and the Middle East and Africa). The rising demand for vehicle customization in western markets is one of the key factors driving the global automotive floor mats market growth. 
• The commercial carpet market share is expected to increase to USD 155.77 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 2.7%. Furthermore, this report extensively covers commercial carpet market segmentation by product (carpet tiles and broadlooms) and geography (North America, Europe, APAC, South America, and Middle East and Africa). The growing non-residential building construction projects is one of the key drivers supporting the commercial carpet market growth.

Table of Content

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global automotive floor carpet market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on global automotive floor carpet market 2017 - 2021 ($ million)

• 4.2 Type Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)

• 4.3 Application Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

• 6.1 Market segments 
• Exhibit 30: Chart on Type - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Type - Market share 2022-2027 (%)

• 6.2 Comparison by Type 
• Exhibit 32: Chart on Comparison by Type
• Exhibit 33: Data Table on Comparison by Type

• 6.3 Non-woven - Market size and forecast 2022-2027
• Exhibit 34: Chart on Non-woven - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Non-woven - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Non-woven - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Non-woven - Year-over-year growth 2022-2027 (%)

• 6.4 Tufted - Market size and forecast 2022-2027
• Exhibit 38: Chart on Tufted - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Tufted - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Tufted - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Tufted - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Type 
• Exhibit 42: Market opportunity by Type ($ million)
• Exhibit 43: Data Table on Market opportunity by Type ($ million)

7 Market Segmentation by Application

• 7.1 Market segments 
• Exhibit 44: Chart on Application - Market share 2022-2027 (%)
• Exhibit 45: Data Table on Application - Market share 2022-2027 (%)

• 7.2 Comparison by Application 
• Exhibit 46: Chart on Comparison by Application
• Exhibit 47: Data Table on Comparison by Application

• 7.3 Passenger vehicles - Market size and forecast 2022-2027 
• Exhibit 48: Chart on Passenger vehicles - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Data Table on Passenger vehicles - Market size and forecast 2022-2027 ($ million)
• Exhibit 50: Chart on Passenger vehicles - Year-over-year growth 2022-2027 (%)
• Exhibit 51: Data Table on Passenger vehicles - Year-over-year growth 2022-2027 (%)

• 7.4 Commercial vehicles - Market size and forecast 2022-2027 
• Exhibit 52: Chart on Commercial vehicles - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on Commercial vehicles - Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on Commercial vehicles - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Commercial vehicles - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Application 
• Exhibit 56: Market opportunity by Application ($ million)
• Exhibit 57: Data Table on Market opportunity by Application ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 59: Chart on Market share by geography 2022-2027 (%)
• Exhibit 60: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 61: Chart on Geographic comparison
• Exhibit 62: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027
• Exhibit 63: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 67: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 68: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 North America - Market size and forecast 2022-2027
• Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 75: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 China - Market size and forecast 2022-2027
• Exhibit 83: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.9 US - Market size and forecast 2022-2027
• Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.10 Mexico - Market size and forecast 2022-2027
• Exhibit 91: Chart on Mexico - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on Mexico - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on Mexico - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on Mexico - Year-over-year growth 2022-2027 (%)

• 9.11 Japan - Market size and forecast 2022-2027
• Exhibit 95: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.12 Germany - Market size and forecast 2022-2027
• Exhibit 99: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 103: Market opportunity by geography ($ million)
• Exhibit 104: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 105: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 106: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 107: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 108: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 109: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 110: Matrix on vendor position and classification

• 12.3 Adler Pelzer Holding GmbH 
• Exhibit 111: Adler Pelzer Holding GmbH - Overview
• Exhibit 112: Adler Pelzer Holding GmbH - Product / Service
• Exhibit 113: Adler Pelzer Holding GmbH - Key offerings

• 12.4 Auto Custom Carpets Inc. 
• Exhibit 114: Auto Custom Carpets Inc. - Overview
• Exhibit 115: Auto Custom Carpets Inc. - Product / Service
• Exhibit 116: Auto Custom Carpets Inc. - Key offerings

• 12.5 Autoneum Holding Ltd. 
• Exhibit 117: Autoneum Holding Ltd. - Overview
• Exhibit 118: Autoneum Holding Ltd. - Business segments
• Exhibit 119: Autoneum Holding Ltd. - Key offerings
• Exhibit 120: Autoneum Holding Ltd. - Segment focus

• 12.6 Beaulieu International Group 
• Exhibit 121: Beaulieu International Group - Overview
• Exhibit 122: Beaulieu International Group - Business segments
• Exhibit 123: Beaulieu International Group - Key offerings
• Exhibit 124: Beaulieu International Group - Segment focus

• 12.7 Bharat Seats Ltd. 
• Exhibit 125: Bharat Seats Ltd. - Overview
• Exhibit 126: Bharat Seats Ltd. - Product / Service
• Exhibit 127: Bharat Seats Ltd. - Key offerings

• 12.8 Corinthian Textiles 
• Exhibit 128: Corinthian Textiles - Overview
• Exhibit 129: Corinthian Textiles - Product / Service
• Exhibit 130: Corinthian Textiles - Key offerings

• 12.9 Feltol Manufacturing Co. Ltd. 
• Exhibit 131: Feltol Manufacturing Co. Ltd. - Overview
• Exhibit 132: Feltol Manufacturing Co. Ltd. - Product / Service
• Exhibit 133: Feltol Manufacturing Co. Ltd. - Key offerings

• 12.10 Freudenberg SE 
• Exhibit 134: Freudenberg SE - Overview
• Exhibit 135: Freudenberg SE - Business segments
• Exhibit 136: Freudenberg SE - Key news
• Exhibit 137: Freudenberg SE - Key offerings
• Exhibit 138: Freudenberg SE - Segment focus

• 12.11 Hayashi Telempu Co. Ltd. 
• Exhibit 139: Hayashi Telempu Co. Ltd. - Overview
• Exhibit 140: Hayashi Telempu Co. Ltd. - Product / Service
• Exhibit 141: Hayashi Telempu Co. Ltd. - Key offerings

• 12.12 Hyosung Advanced Materials 
• Exhibit 142: Hyosung Advanced Materials - Overview
• Exhibit 143: Hyosung Advanced Materials - Product / Service
• Exhibit 144: Hyosung Advanced Materials - Key offerings

• 12.13 IDEAL Automotive GmbH 
• Exhibit 145: IDEAL Automotive GmbH - Overview
• Exhibit 146: IDEAL Automotive GmbH - Product / Service
• Exhibit 147: IDEAL Automotive GmbH - Key offerings

• 12.14 Knox Auto Carpets Pty Ltd. 
• Exhibit 148: Knox Auto Carpets Pty Ltd. - Overview
• Exhibit 149: Knox Auto Carpets Pty Ltd. - Product / Service
• Exhibit 150: Knox Auto Carpets Pty Ltd. - Key offerings

• 12.15 Kotobukiya Fronte Co. Ltd. 
• Exhibit 151: Kotobukiya Fronte Co. Ltd. - Overview
• Exhibit 152: Kotobukiya Fronte Co. Ltd. - Product / Service
• Exhibit 153: Kotobukiya Fronte Co. Ltd. - Key offerings

• 12.16 Toyota Motor Corp. 
• Exhibit 154: Toyota Motor Corp. - Overview
• Exhibit 155: Toyota Motor Corp. - Business segments
• Exhibit 156: Toyota Motor Corp. - Key offerings
• Exhibit 157: Toyota Motor Corp. - Segment focus

• 12.17 Wade Automotiv 
• Exhibit 158: Wade Automotiv - Overview
• Exhibit 159: Wade Automotiv - Product / Service
• Exhibit 160: Wade Automotiv - Key offerings

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 161: Inclusions checklist
• Exhibit 162: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 163: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 164: Research methodology
• Exhibit 165: Validation techniques employed for market sizing
• Exhibit 166: Information sources

• 13.5 List of abbreviations 
• Exhibit 167: List of abbreviations

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