Global Premium Interior Trim Market (By Surface Material and Region): Insights & Forecast with Potential Impact of COVID-19 (2021-2025)
Description
Global Premium Interior Trim Market (By Surface Material and Region): Insights & Forecast with Potential Impact of COVID-19 (2021-2025)
The global premium interior trim market is expected to record a value of US$1.88 billion in 2025, rising at a CAGR of 5.11%, for the time period of 2021-2025. The factors such as expanding luxury cars industry, growing digital ads spending in automotive industry, rising demand for in-car entertainment, upsurge in millennial population and surging urbanization would drive the growth of the market. However, the market growth would be challenged by long production cycle time, high cost involved and volatility in raw material costs and failure to meet the required quality standard. A few notable trends may include rising CO2 emissions from the transportation sector, growing demand for electric vehicles, use of variety of lightweight & advanced materials and rising trend of semi-autonomous & autonomous vehicles.
The premium interior trim market is highly fragmented in nature. The top three players, namely NOVEM, Quin and NBHX are capturing the majority of the market share. These players are continuously collaborating and partnering with other players to bring innovation and updated technology in the automotive industry, which is considerably aiding the market growth.
The fastest growing regional market was Europe, due to the rising production of light-duty vehicles and the industrial coverage of major OEMs. Further, Americas and Asia also captured significant shares in the global market. However, the sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in disruptions in import and export activities of automotive interior trim and thereby hindered the premium interior trim market in 2020.
Scope of the report:
The report provides a comprehensive analysis of the global premium interior trim market with potential impact of COVID-19.
The major regional markets (Europe, Americas and Asia) have been analyzed.
The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
The competitive landscape of the market, along with the company profiles of leading players (Ningbo Joyson Electronic, Faurecia, Yamaha Motor Company, Grupo Antolin, Visteon Corporation and Novem) are also presented in detail.
Key Target Audience:
Premium Interior Trim Manufacturers
Auto Parts Dealers and Suppliers
Raw Material Suppliers
End Users (OEMs and Automotive Aftermarket)
Investment Banks
Government Bodies & Regulating Authorities
The global premium interior trim market is expected to record a value of US$1.88 billion in 2025, rising at a CAGR of 5.11%, for the time period of 2021-2025. The factors such as expanding luxury cars industry, growing digital ads spending in automotive industry, rising demand for in-car entertainment, upsurge in millennial population and surging urbanization would drive the growth of the market. However, the market growth would be challenged by long production cycle time, high cost involved and volatility in raw material costs and failure to meet the required quality standard. A few notable trends may include rising CO2 emissions from the transportation sector, growing demand for electric vehicles, use of variety of lightweight & advanced materials and rising trend of semi-autonomous & autonomous vehicles.
The premium interior trim market is highly fragmented in nature. The top three players, namely NOVEM, Quin and NBHX are capturing the majority of the market share. These players are continuously collaborating and partnering with other players to bring innovation and updated technology in the automotive industry, which is considerably aiding the market growth.
The fastest growing regional market was Europe, due to the rising production of light-duty vehicles and the industrial coverage of major OEMs. Further, Americas and Asia also captured significant shares in the global market. However, the sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in disruptions in import and export activities of automotive interior trim and thereby hindered the premium interior trim market in 2020.
Scope of the report:
The report provides a comprehensive analysis of the global premium interior trim market with potential impact of COVID-19.
The major regional markets (Europe, Americas and Asia) have been analyzed.
The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
The competitive landscape of the market, along with the company profiles of leading players (Ningbo Joyson Electronic, Faurecia, Yamaha Motor Company, Grupo Antolin, Visteon Corporation and Novem) are also presented in detail.
Key Target Audience:
Premium Interior Trim Manufacturers
Auto Parts Dealers and Suppliers
Raw Material Suppliers
End Users (OEMs and Automotive Aftermarket)
Investment Banks
Government Bodies & Regulating Authorities
Table of Contents
94 Pages
- 1. Overview
- 1.1 Introduction
- 1.2 Types of Automotive Interior Material
- Table 1: Types of Automotive Interior Material
- 1.3 Automotive Interior Trim Component
- Table 2: Automotive Interior Trim Component
- 1.4 The Global Automotive Value Chain
- Table 3: Global Automotive Value Chain
- 2. Impact of COVID-19
- 2.1 Impact on Economic Growth
- Table 4: Global GDP Growth Rate (2019-2021)
- 2.2 Decline in Automobile Sales
- Table 5: Automobile Sales Volume by Region (2019-2020)
- 2.3 Downfall in Auto Parts Export
- Table 6: Year-Over-Year (YOY) Change in Auto Parts Export by Top Ten Countries (2019-2020)
- 2.4 Impact on Auto Parts Dealerships
- 3. Global Market Analysis
- 3.1 Global Premium Interior Trim Market by Value
- Table 7: Global Premium Interior Trim Market by Value (2016-2020)
- 3.2 Global Premium Interior Trim Market Forecast by Value
- Table 8: Global Premium Interior Trim Market Forecast by Value (2021-2025)
- 3.3 Global Premium Interior Trim Market by Surface Material
- Table 9: Global Premium Interior Trim Market by Surface Material (2020)
- 3.3.1 Global Premium Wood Interior Trim Market by Value
- Table 10: Global Premium Wood Interior Trim Market by Value (2016-2020)
- 3.3.2 Global Premium Wood Interior Trim Market Forecast by Value
- Table 11: Global Premium Wood Interior Trim Market Forecast by Value (2021-2025)
- 3.3.3 Global Premium Aluminum Interior Trim Market by Value
- Table 12: Global Premium Aluminum Interior Trim Market by Value (2016-2020)
- 3.3.4 Global Premium Aluminum Interior Trim Market Forecast by Value
- Table 13: Global Premium Aluminum Interior Trim Market Forecast by Value (2021-2025)
- 3.3.5 Global Premium Synthetics Interior Trim Market by Value
- Table 14: Global Premium Synthetics Interior Trim Market by Value (2016-2020)
- 3.3.6 Global Premium Synthetics Interior Trim Market Forecast by Value
- Table 15: Global Premium Synthetics Interior Trim Market Forecast by Value (2021-2025)
- 3.3.7 Global Premium Carbon Interior Trim Market by Value
- Table 16: Global Premium Carbon Interior Trim Market by Value (2016-2020)
- 3.3.8 Global Premium Carbon Interior Trim Market Forecast by Value
- Table 17: Global Premium Carbon Interior Trim Market Forecast by Value (2016-2020)
- 3.4 Global Premium Interior Trim Market by Region
- Table 18: Global Premium Interior Trim Market by Region (2020)
- 4. Regional Market Analysis
- 4.1 Europe
- 4.1.1 Europe Premium Interior Trim Market by Value
- Table 19: Europe Premium Interior Trim Market by Value (2016-2020)
- 4.1.2 Europe Premium Interior Trim Market Forecast by Value
- Table 20: Europe Premium Interior Trim Market Forecast by Value (2021-2025)
- 4.2 Americas
- 4.2.1 Americas Premium Interior Trim Market by Value
- Table 21: Americas Premium Interior Trim Market by Value (2016-2020)
- 4.2.2 Americas Premium Interior Trim Market Forecast by Value
- Table 22: Americas Premium Interior Trim Market Forecast by Value (2021-2025)
- 4.3 Asia
- 4.3.1 Asia Premium Interior Trim Market by Value
- Table 23: Asia Premium Interior Trim Market by Value (2016-2020)
- 4.3.2 Asia Premium Interior Trim Market Forecast by Value
- Table 24: Asia Premium Interior Trim Market Forecast by Value (2021-2025)
- 5. Market Dynamics
- 5.1 Growth Drivers
- 5.1.1 Expanding Luxury Car Industry
- Table 25: Global Luxury Car Market Value (2010-2020)
- 5.1.2 Growing Digital Ad Spending in Automotive Industry
- Table 26: The U.S. Automotive Industry Digital Ad Spending (2017-2021)
- 5.1.3 Rising Demand for In-car Entertainment
- Table 27: Global In-car Entertainment Market (2018-2026)
- 5.1.4 Upsurge in Millennial Population
- Table 28: Share of Millennials in the Total Population by Region (2021)
- 5.1.5 Surging Urbanization
- Table 29: Global Urban Population (2016-2020)
- 5.2 Key Trends and Developments
- 5.2.1 Rising CO2 Emission from Transportation Sector
- Table 30: Distribution of CO2 Emissions from the Transportation Sector Worldwide (2050)
- 5.2.2 Growing Demand for Electric Vehicles
- Table 31: Global Electric Vehicle Sales Penetration Rate by Region (2020-2025)
- 5.2.3 Use of Variety of Lightweight & Advanced Materials
- 5.2.4 Rising Trend of Semi-autonomous & Autonomous Vehicles
- 5.3 Challenges
- 5.3.1 Long Production Cycle Time
- 5.3.2 High Cost Involved and Volatility in Raw Material Costs
- 5.3.3 Failure to Meet the Required Quality Standard
- 6. Competitive Landscape
- 6.1 Global Market
- 6.1.1 Key Players – Revenue Comparison
- Table 32: Key Players – Revenue Comparison (2020)
- 6.1.2 Key Players – Market Capitalization Comparison
- Table 33: Key Players – Market Capitalization Comparison (2021)
- 6.1.3 Comparison of Trim Materials by Company
- Table 34: Comparison of Trim Materials by Company
- 6.1.4 Global Interior Trim Market Share by Company
- Table 35: Global Interior Trim Market Share by Company (2020)
- 6.2 Europe Market
- 6.2.1 Europe Interior Trim Market Share by Company
- Table 36: Europe Interior Trim Market Share by Company (2020)
- 6.3 Americas Market
- 6.3.1 Americas Interior Trim Market Share by Company
- Table 37: Americas Interior Trim Market Share by Company (2020)
- 6.4 Asia Market
- Table 38: Asia Interior Trim Market Share by Company (2020)
- 6.4.1 Asia Interior Trim Market Share by Company
- 7. Company Profiles
- 7.1 Ningbo Joyson Electronic (Quin)
- 7.1.1 Business Overview
- 7.1.2 Financial Overview
- Table 39: Ningbo Joyson Electronic Revenue and Net Income (2016-2020)
- 7.1.3 Business Strategies
- 7.2 Faurecia
- 7.2.1 Business Overview
- 7.2.2 Financial Overview
- Table 40: Faurecia Sales and Net Loss (Income) (2016-2020)
- Table 41: Faurecia Sales by Segment (2020)
- Table 42: Faurecia Sales by Region (2020)
- 7.2.3 Business Strategies
- 7.3 Yamaha Motor Company
- 7.3.1 Business Overview
- 7.3.2 Financial Overview
- Table 43: Yamaha Motor Company Net Sales & Net Income (2016-2020)
- Table 44: Yamaha Motor Company Net Sales by Segment (2020)
- Table 45: Yamaha Motor Company Net Sales by Region (2020)
- 7.3.3 Business Strategies
- 7.4 Grupo Antolin
- 7.4.1 Business Overview
- 7.4.2 Financial Overview
- Table 46: Grupo Antolin Net Sales and Loss (Profit) (2016-2020)
- Table 47: Grupo Antolin Net Sales by Business Units (2020)
- Table 48: Grupo Antolin Net Sales by Region (2020)
- 7.4.3 Business Strategies
- 7.5 Visteon Corporation
- 7.5.1 Business Overview
- 7.5.2 Financial Overview
- Table 49: Visteon Corporation Net Sales and Loss (Income) (2016-2020)
- Table 50: Visteon Corporation Net Sales by Product Line (2020)
- Table 51: Visteon Corporation Net Sales by Region (2020)
- 7.5.3 Business Strategies
- 7.6 Novem
- 7.6.1 Business Overview
- 7.6.2 Financial Overview
- Table 52: Novem Revenue and Profit (2016-2020)
- Table 53: Novem Revenue by Region (2020)
- 7.6.3 Business Strategies
Pricing
Currency Rates
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