Automotive Floor Mats Market to grow by USD 13.77 Mn; Driven by rising demand for vehicle customization in western markets - Technavio

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Nov 15, 2022, 09:15 ET

NEW YORK, Nov. 15, 2022 /PRNewswire/ -- The automotive floor mats market size is expected to grow by USD 13.77 million, accelerating at a CAGR of 4.12% between 2021 and 2026. The report provides a detailed analysis of the current market scenario, major drivers, and trends, vendor landscape, product launches, and successful growth strategies adopted by major vendors. Understand how the purchase of this report can help improve your revenues. Download a Free PDF Sample Report

Key Growth Driver

Technavio has announced its latest market research report titled Global Automotive Floor Mats Market 2022-2026

The market is driven by the rising demand for vehicle customization in western markets. . The increase in the number of aftermarket companies is addressing the rising demand from customers for customized vehicle interiors. This is mostly observed in western automotive markets, including North America and Europe. These regions comprise numerous aftermarket companies that address the needs of customers for custom interiors and exteriors. In the automotive aftermarket, a high proportion of customers are focusing on enhancing the appearance of their vehicles through aftermarket products and solutions. Floor carpeting is one such area where consumers are opting to change OEM-fitted mats, if available or provided by OEMs, with better quality mats. Thus, the significant demand for customization in automotive floor mats in the western market is expected to boost the growth of the automotive floor mats market during the forecast period.

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As per Technavio, the rise in demand for comfort and safety in vehicle cabin will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth over 2022-2026.

Automotive Floor Mats Market: Rise in demand for comfort and safety in vehicle cabin

The rise in demand for comfort and safety in vehicle cabin is one of the major trends in the market. The major reasons that make floor mats popular among customers are their low cost, ease of maintenance, and easy availability in every local shop or online purchase. The floor mats are essential in the car not only for hygiene purposes but also for adding a distinctive look and helping in giving an enhanced look to the vehicle. It also helps in protecting the vehicle floor from wear and tear. The floor mats are very similar to door mats as the dirt and particles collected in the particular area can be easily removed by cleaning or replacing the older mat. The significant demand for automotive floor mats to enhance the aesthetic value of the vehicle cabin is expected to boost the growth of the automotive floor mats market during the forecast period.

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Automotive Floor Mats Market: Regional Analysis

This market research report analyzes the automotive floor mats market across APAC, Europe, North America, South America, and the Middle East and Africa.

The APAC region led the automotive floor mats market in 2021, occupying 44% of the global market share. The growing demand for automobiles in China, India, and South Korea is driving the growth of the automotive floor mats market in APAC. In addition, rapid industrialization and urbanization are paving the way for total economic transformation in these countries, resulting in an increased demand for automobiles in APAC. This, in turn, is expected to fuel the growth of the automotive floor mats market in APAC during the forecast period.

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Some of the key topics covered in the report include:

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

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Automotive Floor Mats Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 4.12%
Market growth 2022-2026	USD 13.77 million
Market structure	Fragmented
YoY growth (%)	4.09
Regional analysis	APAC, Europe, North America, South America, and Middle East and Africa
Performing market contribution	APAC at 44%
Key consumer countries	US, China, Japan, Germany, and France
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	3M Co., Auto Custom Carpets Inc, Auto tech non wovens, BDKUSA INC, Covercraft Industries LLC, ExactMade LLC, GAHH LLC, German auto tops Inc., Husky Liners Inc, KK Motors Inc., LCI Industries, Lloyd Mats Inc. , MaxLinear Inc., STINZO AUOTMOTIVES PVT LTD, Vaccess India Pvt. Ltd., WeatherTech Direct LLC, Autoform, and RACEMARK International LLC.
Market Dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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 Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 09: Parent market
Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 11: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 12: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026

Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary

Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

4.2 Bargaining power of buyers

Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers

Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants

Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes

Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry

Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition

Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

5.1 Market segments

Exhibit 24: Chart on Type - Market share 2021-2026 (%)
Exhibit 25: Data Table on Type - Market share 2021-2026 (%)

5.2 Comparison by Type

Exhibit 26: Chart on Comparison by Type
Exhibit 27: Data Table on Comparison by Type

5.3 Rubber - Market size and forecast 2021-2026

Exhibit 28: Chart on Rubber - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on Rubber - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on Rubber - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Rubber - Year-over-year growth 2021-2026 (%)

5.4 Textile - Market size and forecast 2021-2026

Exhibit 32: Chart on Textile - Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on Textile - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on Textile - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Textile - Year-over-year growth 2021-2026 (%)

5.5 Plastic - Market size and forecast 2021-2026

Exhibit 36: Chart on Plastic - Market size and forecast 2021-2026 ($ million)
Exhibit 37: Data Table on Plastic - Market size and forecast 2021-2026 ($ million)
Exhibit 38: Chart on Plastic - Year-over-year growth 2021-2026 (%)
Exhibit 39: Data Table on Plastic - Year-over-year growth 2021-2026 (%)

5.6 Others - Market size and forecast 2021-2026

Exhibit 40: Chart on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 41: Data Table on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 42: Chart on Others - Year-over-year growth 2021-2026 (%)
Exhibit 43: Data Table on Others - Year-over-year growth 2021-2026 (%)

5.7 Market opportunity by Type

Exhibit 44: Market opportunity by Type ($ million)

6 Customer Landscape

6.1 Customer landscape overview

Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation

Exhibit 46: Chart on Market share by geography 2021-2026 (%)
Exhibit 47: Data Table on Market share by geography 2021-2026 (%)

7.2 Geographic comparison

Exhibit 48: Chart on Geographic comparison
Exhibit 49: Data Table on Geographic comparison

7.3 APAC - Market size and forecast 2021-2026

Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)

7.4 Europe - Market size and forecast 2021-2026

Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)

7.5 North America - Market size and forecast 2021-2026

Exhibit 58: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on North America - Year-over-year growth 2021-2026 (%)

7.6 South America - Market size and forecast 2021-2026

Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)

7.7 Middle East and Africa - Market size and forecast 2021-2026

Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

7.8 China - Market size and forecast 2021-2026

Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)

7.9 US - Market size and forecast 2021-2026

Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)

7.10 Japan - Market size and forecast 2021-2026

Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)

7.11 Germany - Market size and forecast 2021-2026

Exhibit 82: Chart on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 84: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026 (%)

7.12 France - Market size and forecast 2021-2026

Exhibit 86: Chart on France - Market size and forecast 2021-2026 ($ million)
Exhibit 87: Data Table on France - Market size and forecast 2021-2026 ($ million)
Exhibit 88: Chart on France - Year-over-year growth 2021-2026 (%)
Exhibit 89: Data Table on France - Year-over-year growth 2021-2026 (%)

7.13 Market opportunity by geography

Exhibit 90: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

8.1 Market drivers

8.2 Market challenges

8.3 Impact of drivers and challenges

Exhibit 91: Impact of drivers and challenges in 2021 and 2026

8.4 Market trends

9 Vendor Landscape

9.1 Overview

9.2 Vendor landscape

Exhibit 92: Overview on Criticality of inputs and Factors of differentiation

9.3 Landscape disruption

Exhibit 93: Overview on factors of disruption

9.4 Industry risks

Exhibit 94: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered

Exhibit 95: Vendors covered

10.2 Market positioning of vendors

Exhibit 96: Matrix on vendor position and classification

10.3 Auto Custom Carpets Inc

Exhibit 97: Auto Custom Carpets Inc - Overview
Exhibit 98: Auto Custom Carpets Inc - Product / Service
Exhibit 99: Auto Custom Carpets Inc - Key offerings

10.4 ExactMade LLC

Exhibit 100: ExactMade LLC - Overview
Exhibit 101: ExactMade LLC - Product / Service
Exhibit 102: ExactMade LLC - Key offerings

10.5 Husky Liners Inc

Exhibit 103: Husky Liners Inc - Overview
Exhibit 104: Husky Liners Inc - Product / Service
Exhibit 105: Husky Liners Inc - Key offerings

10.6 KK Motors Inc.

Exhibit 106: KK Motors Inc. - Overview
Exhibit 107: KK Motors Inc. - Product / Service
Exhibit 108: KK Motors Inc. - Key offerings

10.7 Lloyd Mats Inc.

Exhibit 109: Lloyd Mats Inc. - Overview
Exhibit 110: Lloyd Mats Inc. - Product / Service
Exhibit 111: Lloyd Mats Inc. - Key offerings

10.8 MaxLinear Inc.

Exhibit 112: MaxLinear Inc. - Overview
Exhibit 113: MaxLinear Inc. - Product / Service
Exhibit 114: MaxLinear Inc. - Key offerings

10.9 RACEMARK International LLC.

Exhibit 115: RACEMARK International LLC. - Overview
Exhibit 116: RACEMARK International LLC. - Product / Service
Exhibit 117: RACEMARK International LLC. - Key offerings

10.10 STINZO AUOTMOTIVES PVT LTD

Exhibit 118: STINZO AUOTMOTIVES PVT LTD - Overview
Exhibit 119: STINZO AUOTMOTIVES PVT LTD - Product / Service
Exhibit 120: STINZO AUOTMOTIVES PVT LTD - Key offerings

10.11 Vaccess India Pvt. Ltd.

Exhibit 121: Vaccess India Pvt. Ltd. - Overview
Exhibit 122: Vaccess India Pvt. Ltd. - Product / Service
Exhibit 123: Vaccess India Pvt. Ltd. - Key offerings

10.12 WeatherTech Direct LLC

Exhibit 124: WeatherTech Direct LLC - Overview
Exhibit 125: WeatherTech Direct LLC - Product / Service
Exhibit 126: WeatherTech Direct LLC - Key offerings

11 Appendix

About Technavio

11.1 Scope of the report

11.2 Inclusions and exclusions checklist

Exhibit 127: Inclusions checklist
Exhibit 128: Exclusions checklist

11.3 Currency conversion rates for US$

Exhibit 129: Currency conversion rates for US$

11.4 Research methodology

Exhibit 130: Research methodology
Exhibit 131: Validation techniques employed for market sizing
Exhibit 132: Information sources

11.5 List of abbreviations

Exhibit 133: List of abbreviations

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