The automotive headliner market size is projected to be valued at USD 19,391.9 million in 2023 and is expected to rise to USD 30,695.1 million by 2033. The sales of the automotive headliner market are expected to grow at a significant CAGR of 4.7% during the forecast period. Various factors propelling the demand for automotive headliners are:
With the significant growth in the automotive industry, there has been a rise in the demand for luxurious vehicles with advanced features and advanced safety features.
The demand for luxury interior aesthetics in the automobile industry has risen substantially in recent years, and as a result, automakers are increasingly manufacturing more cozy and relaxing interiors for vehicles.
Rising consumer security concerns, rising disposable incomes, rapid urbanization, and changing preferences, particularly in developing regions, are the primary factors currently driving automotive headliner market growth.
Another growth-inducing factor is the widespread adoption of advanced technologies such as artificial intelligence (AI)-enabled entertainment systems, hands-free connectivity, and global positioning systems (GPS) in automobiles to improve the driving experience.
Furthermore, the widespread use of bio-based plastics, such as bio-PET (polyethene terephthalate) and bio-polyester, in the design of automobile interiors to reduce vehicle weight and ensure flexibility is contributing to market growth.
The growing trend of customization, as well as extensive strategic collaborations among key players for the introduction of innovative automotive interior solutions to meet changing consumer needs, are creating a positive outlook for the automotive headliner market.
As cars become more connected, telecom and technology companies are collaborating with major automotive companies to develop the best connectivity and infotainment solutions for customers.
Attribute | Details |
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Automotive Headliner Market Estimated Size (2023) | USD 19,391.19 million |
Automotive Headliner Market CAGR (2022 to 2032) | 5.00% |
Automotive Headliner Market Forecasted Size (2033) | USD 30,691.5 million |
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According to FMI, the automotive headliners market grew at a 1.8% annual rate from 2018 to 2022. Demand remained modest in the face of recessionary pressures caused by the COVID-19 pandemic, as well as a general stagnation in the automotive industry since 2019.
Due to its effects on car production, the COVID-19 epidemic has slowed the expansion of the automotive headliners market. However, the growth of this industry in the upcoming years will be supported by a sustained rebound in car manufacturing after 2020. For instance, COVID-19's entire production in the first two quarters of 2020 was significantly impacted by Marelli. Following the countrywide lockdown that began in March 2020, the company was forced to close its premises for almost two weeks. However, the business started up again in April 2020 after taking the appropriate steps.
Several technological dominance has followed in-vehicle infotainment systems, giving a significant boost of 2.9% to the global automotive headliners market growth.
Manufacturers are unveiling a cutting-edge infotainment system that has completely transformed the in-cabin experience. Today, manufacturers have introduced a predictive touchscreen feature that will follow the instruction without actually touching the screen, following several new advancements seen by the touch screen infotainment system. This has increased driver comfort and ease, resulting in increased momentum.
Rising consumer safety concerns, technological advancements, and increased demand for luxury vehicles are expected to drive market growth. Government support for lightweight and safe vehicles is expected to drive market growth. Furthermore, a large OEM base of automobile manufacturers will add to the order in the automotive headliner market.
All these aforementioned factors would lead the global automotive headliners market towards a growth trajectory of 4.7% from 2023 to 2033.
In order to focus on the circular economy, which is anticipated to become a major trend in the coming years and be adopted by many players all over the world, market participants in the business of automotive headliners are concentrating on increasing the usage of waste recycled materials for technology, including polyurethane and thermoplastic.
In 2019, FoamPartner, a specialist in advanced foam solutions, developed a foam product family characterized by incredibly low emission levels for use in automobile headliners with high demands on processability and design.
By thermoforming PU foam with materials made from municipal and post-consumer plastic waste as well as used tires in 2021, Grupo Antolin produced the first headline substrate. Utilizing recycled materials is a logical step in the company's goal of creating a sustainable business, and it will help the business to establish a circular economy.
The market for global automotive headliners is expected to expand as a result of rising investments in electric vehicles. High investments in electric vehicles have ultimately been attributed to factors including governmental requirements for reducing vehicle emissions, a trend toward environmentally friendly transportation options, and varying fuel prices throughout time. In order to increase electric mobility in the automotive markets, a number of top manufacturers, including General Motors, Ford Motors, Hyundai Motors, and many others, have already increased their production of electric vehicles.
The increased number of passenger vehicles globally as a result of rising disposable income, rising living standards, and increased demand for personal luxury vehicles globally has fueled the growth of the passenger vehicle segment. Furthermore, the increasing adoption of electric and autonomous vehicles is expected to drive the growth of this segment in the coming years.
Due to rising purchasing power and shifting customer preferences toward premium automotive products, synthetic cloth will command a market share of 23.21% in 2021. The synthetic material is both appealing and comfortable. Synthetic fabrics are versatile and durable, making them a popular choice for automotive interiors. They can be woven into any texture and have increased applications in seats, which will drive the growth of this segment during the forecast period.
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The global automotive headliner market is expanding rapidly in Europe. Germany is the leading market in Europe, with a market share of nearly 6.4%. The surge in the growth of the European electric vehicle market is largely attributed to the European Union's harmonious developments in implementing strict emission regulations and focusing on reducing the kerb weight of vehicles.
The United Kingdom automotive headliners market is to witness a growth of 4.9% by 2033. International Automotive Components (IAC Group) announced an expansion of its presence in the United Kingdom in July 2019. This was intended to expand its headliner manufacturing facility in Elmdon, United Kingdom, in order to better serve its long-term customers.
With a 15.3% market revenue share in 2023, the USA region emerged as the largest market for the global automotive headliner market.
Rising employment and gradually rising GDP are expected to boost the market for automotive headliners. Furthermore, rising disposable income and population growth across the region are both contributing to market growth. Furthermore, increased demand for luxury and sports vehicles is contributing to the region's market growth.
The small/economy car segment, which accounts for higher adoption of interior components, drives the Asian-Pacific market. Leading automakers in this region, including Toyota, Honda, and Hyundai, are embracing the benefits of advanced seating systems, lighting, electronics, and various safety systems, making them standard features on all of their vehicle models. The rise of electric vehicles in major economies such as Japan, China, and India adds to the market's value.
The region's market is being driven by the growing demand for premium interiors, comfort, and new and innovative features such as head-up displays and navigation systems, as well as the growing emphasis on meeting safety standards. India is expected to significantly contribute to Asia-Pacific market growth due to its high vehicle production capacity.
Government initiatives, such as subsidies and tax breaks, are attracting automotive OEMs to build regional manufacturing plants across Asia-Pacific.
Continental AG, Magna International Inc., Denso Corporation, Faurecia, Adient, and others are key automotive interior market participants. The automotive interiors market is likely to face competition in the coming years as a result of various strategies used by major product manufacturers to gain a competitive advantage, such as focused research and development activities, new product developments, acquisitions, and so on.
Latest Developments in the Automotive Headliner Market
Oracle Lighting introduced the new StarLINER ColorSHIFT Fiber Optic hardtop headliner in October 2020. The product is intended for use in the Gladiator JT and Warngler JL vehicle models.
International Automotive Components (IAC Group) announced the expansion of its presence in the United Kingdom in July 2019. This will be accomplished by expanding the headliner manufacturing facility in Elmdon.
SEAT will reveal Ku-Fizz, a novel physical foam technology for automotive headliners that reduces the weight of plastic components, at its 2nd Innovation Day in November 2020, as part of an initiative to increase sustainable materials in the automotive sector.
Attribute | Details |
---|---|
Growth Rate | CAGR of 4.7% from 2023 to 2033 |
Base Year of Estimation | 2022 |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | Revenue in USD million and Volume in Units and F-CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, growth factors, Trends, and Pricing Analysis |
Key Segments Covered | By Material, By Vehicle type, By Sales Channel, By Headliner type |
Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Middle East & Africa; Oceania |
Key Countries Profiled | The USA, Canada, Brazil, Mexico, Germany, Italy, France, The United Kingdom, Spain, Russia, China, Japan, India, GCC Countries, Australia |
Key Companies Profiled | Adient; Atlas Roofing Corporation; Grupo Antolin; Harodite Industries; Howa-Tramico; International Automotive Components Group LLC; Industrialesud; Lear Corporation; Motus Integrated Technologies; Sage Automotive Interiors; SMS Auto Fabrics; Toray Plastics; Toyota Boshoku Corporation; UGN Inc.; Freudenberg Performance Materials |
Customization & Pricing | Available upon Request |
The market is valued at USD 19.3 billion in 2023.
Adient, Atlas Roofing Corporation, and Grupo Antolin are key market players.
The market shall reach USD 30.6 billion in 2033.
The market is forecast to register a CAGR of 5.0% through 2033.
From 2018 to 2022, the market registered a CAGR of 1.8%.
Market Estimated Size (2023) | USD 122,054.9 million |
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Market Forecasted Size (2033) | USD 191,369.2 million |
Market CAGR (2023 to 2033) | 4.6% |
Market Size 2022E | USD 1,774.8 million |
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Market Size 2032F | USD 2,551.8 million |
Value CAGR (2022 to 2032) | 3.7% |
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