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Automotive Door Trims Market by Application (Dashboard, Seats, Airbags & Seat Belts, Door Panel & Trims and Carpet & Headliners), Product (Leather, Composite, Plastic, Metals and Fabric) and Vehicle Type (Passenger Vehicle, Light Commercial Vehicle and Heavy Commercial Vehicle): Global Opportunity Analysis and Industry Forecast, 2021–2027
| A07235 | Pages: NA | Feb 2021 | 400 Views | | |
| Author(s) : NA | Tables: NA | Charts: NA | Formats*: | |
COVID-19
Pandemic disrupted the entire world and affected many industries.
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Automotive door trims are the key components of the interior space of the door of a vehicle. Its main materials include kenaf, which has excellent CO2 absorbing properties, and plant-derived plastic, thereby making them environment-friendly. Automotive door trims are turning to non-leather solutions due to intense criticism from animal welfare organizations for leather-based interior trims. Further, manufacturers are investing on structural foam molding methods based on polypropylene as the blowing agent to fill sophisticated component areas, thereby lowering the component weight.
Market scope and structure analysis:
          Report Metric |                         Details |
 Market size available for years |  2020–2027 |
 Base year considered |  2019 |
 Forecast period |  2021–2027 |
 Forecast unit |  Value (USD) |
 Segments covered |  Application, Product, and Vehicle Type |
 Regions covered | North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM), and the Middle East and Africa |
 Companies covered | Altuglas International, Autoneum Management AG, CIE Automotive SA., Dura Automotive Systems, IAC Group, Magna International Inc., National Plastic Technologies Ltd., SRG Global Inc., and Takata Corporation |
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COVID-19 scenario analysis:
- As manufacturing units around the world have been shut down, footfalls in demand have made a huge impact on the market.
- The highest production loss has been listed by most countries across the globe due to COVID-19.
- Shut down of manufacturing assemblies had an adverse effect on the automotive industry, which also impacted the suppliers.
- Companies have taken various measures during the pandemic and lockdown to maintain sustainability in the market while small market players suffered huge losses and are expected to require more time to revive the demand.
- The global supply chain has been broken starting from China to Europe. Manufacturers dependent on raw material and small components are unable to process the production cycle.
Top impacting factors: Market scenario analysis, trends, drivers, and impact analysisÂ
Rise in automobile production coupled with shift in consumer preference toward enhancing the aesthetics of vehicles is expected to primarily drive the automotive door trim market over the forecast period. However, stringent regulations regarding leather production and availability of substitutes are expected to restrain the growth of the market. Furthermore, developing economies possess high growth opportunities, owing to the low level of external modification rate in vehicles. Therefore, this is expected to drive the automotive door trims market growth over the forecast period.
The automotive door trims market trends are as follows:
Rise in automobile productionÂ
Increase in demand for high-end luxury vehicles, such as Ferrari, BMW, and Mercedes, in several countries stimulates the industry growth. Increase in SUV sales, owing to affluence level, rugged terrain, and large family sizes is expected to influence the industry size positively. In most developing countries, many customers are shifting toward luxurious vehicle, which is projected to drive the growth of the automotive door trims market over the forecast period.
Shift in consumer preferenceÂ
Innovation & technology advancements in material and manufacturing process by manufacturing companies have forced consumers to rapidly shift toward latest technologies and trend. The efficient manufacturing process allows good fit & finish of the product for internal parts of the vehicle with reduced operational cost. Therefore, this is expected to rapidly increase the demand for automotive door trims and boost the market growth during the forecast period.
Key segments covered:
        Segments |                Sub-segments |
 Application |
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 Product |
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 Vehicle Type |
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Key benefits of the report:
- This study presents the analytical depiction of the automotive door trims market along with current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the automotive door trims market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the automotive door trims market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the automotive trims market.Â
- The report provides a detailed analysis based on competitive intensity and how the competition will take shape in the coming years.Â
Questions answered in the automotive door trim market research report:
- Which are the leading market players active in the automotive door trims market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What are the projections for the future that would help in taking further strategic steps?
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