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Report Overview
The global automotive floor carpet market attained a value of nearly USD 1,018.36 million in 2023. The market is further expected to grow at a CAGR of 3.2% during the forecast period of 2024-2032 to reach a value of USD 1,352.10 million by 2032.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Automotive Floor Carpet Market Growth
Moulded floor carpets are increasingly being incorporated into modern vehicles. Technological improvements are leading to fresh, light, and durable textiles and carpets being developed. The increasing demand for passenger vehicles, changing consumer preference towards quality and comfort, availability of unique designs, and evolving automobile aftermarket services are the major drivers for the growth of the automotive floor carpet market. Fluctuating raw material prices is the primary constraint for this market, which may hamper industry growth during the forecast period.
Automotive Floor Carpet Market Report Snapshots
Automotive Floor Carpet Market Size
Automotive Floor Carpet Market Growth
Automotive Floor Carpet Market Trends
Automotive Floor Carpet Companies
Automotive Floor Carpet Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The global automotive floor carpet market is projected to grow at a CAGR of 3.2% between 2024 and 2032.
The major drivers of the industry, such as the increased consumer focus on quality and comfort, rising disposable incomes, increased production and sales of automobiles, rising product demand from the developing regions, and the growing demand for automobile aftermarket services, are expected to aid the market growth.
The key market trends guiding the growth of the industry include rapid technological advancements, the launch of light and durable automotive floor carpets with unique designs, and the increasing consumer shift towards online platforms for product purchase.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Non-woven and tufted are the leading automotive floor carpet types in the industry.
The significant application segments of the product include passenger vehicles and commercial vehicles.
The major players in the industry are Low & Bonar Plc, Toyota Boshoku Corp., Autoneum Holding Ltd., GRUPO ANTOLIN-IRAUSA, S.A., and Adler Pelzer Holding GmbH, among others.
In 2023, the market reached a value of approximately USD 1,018.36 million.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 1,352.10 million by 2032.
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