Automotive Headliner (OE) Market Growth Trajectory Through 2024-2033

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The Automotive Headliner (OE) by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Automotive Headliner (OE), The automotive headliner (oe) market size has grown strongly in recent years. It will grow from $12.34 billion in 2023 to $13.05 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to regulatory standards, consumer preferences, cost pressures, global automotive production trends, supply chain dynamics.

The automotive headliner (oe) market size is expected to see strong growth in the next few years. It will grow to $16.26 billion in 2028 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to lightweight materials demand, electrification trends, integration of smart features, sustainability focus, adaptation to autonomous driving, global economic outlook. Major trends in the forecast period include advanced manufacturing technologies, customization and personalization, integration of smart technologies, regulatory compliance and safety standards, material innovation.

The rise in sales of luxury cars is expected to propel the automotive headliner (OE) market growth going forward. Luxury cars refer to cars that are manufactured by luxury automakers with high-end performance capabilities, lavish interiors, and safety and technology features that are not available in lower-priced cars. Headliners are used in luxury cars for providing noise-proof interiors and aesthetic interior looks, so the rise in sales of luxury cars will help in the growth of the market. For instance, in 2021, according to BMW Group, a German-based manufacturer of performance luxury vehicles and motorcycles, global sales increased by 8.4% to 2,521,525 BMW, MINI, and Rolls-Royce brand vehicles. Further, BMW brand cars reported an all-time global sales high of 2,213,795 units in 2021. Therefore, the rise in sales of luxury cars is driving the growth of the automotive headliner (OE) market.

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The automotive headliner (oe) market covered in this report is segmented –

1) By Product Type: Thermoplastic, Thermoset

2) By Material Type: Fabric, Foam Based, Suede Foam Based, Perforated Vinyl, Synthetic Backed Cloth, Composite

3) By Technology: Lighted, Conventional

4) By Vehicle Type: Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles

Product innovation is a key trend gaining popularity in the automotive headliner (OE) market. Major companies operating in the automotive headliner (OE) market are focused on developing new technological solutions to strengthen their position. For instance, in November 2021, Grupo Antolin, a Spain-based manufacturer of interior car components, launched the industry’s first “Polyurethane (PU) Headliner Substrate” by thermoforming PU foam. It is uniquely designed with a wet PU process that involves materials made from urban and post-consumer plastic waste and end-of-life tires. The headliner weight has been reduced by approximately 50%, and it has been introduced in a fully electric European premium car. The substrate is expected to reduce waste and energy consumption in manufacturing and meet the demand for eco-friendly interiors.

The automotive headliner (oe) market report table of contents includes: