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The global automotive floor carpet market attained a value of nearly USD 1,018.36 million in 2023. The market is further expected to grow at a CAGR of 3.2% during the forecast period of 2024-2032 to reach a value of USD 1,352.10 million by 2032.
Base Year
Historical Year
Forecast Year
Global Automotive Floor Carpet Market Report Summary | Description | Value |
Base Year | USD Million | 2023 |
Historical Period | USD Million | 2018-2023 |
Forecast Period | USD Million | 2024-2032 |
Market Size 2023 | USD Million | 1,018.36 |
Market Size 2032 | USD Million | 1,352.10 |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 3.2% |
CAGR 2024-2032 - Market by Region | Asia Pacific | 4.1% |
CAGR 2024-2032 - Market by Country | India | 4.8% |
CAGR 2024-2032 - Market by Country | Saudi Arabia | 3.6% |
CAGR 2024-2032 - Market by Type | Non-Woven | 3.5% |
CAGR 2024-2032 - Market by Application | Passenger Vehicles | 3.6% |
Market Share by Country 2023 | Mexico | 1.8% |
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Moulded floor carpets are increasingly being incorporated into modern vehicles. Technological improvements are leading to fresh, light, and durable textiles and carpets being developed. The increasing demand for passenger vehicles, changing consumer preference towards quality and comfort, availability of unique designs, and evolving automobile aftermarket services are the major drivers for the growth of the automotive floor carpet market. Fluctuating raw material prices is the primary constraint for this market, which may hamper industry growth during the forecast period.
The advent of smart technology such as smart sensors and fabrics into vehicle carpets to enhance their functionality is a crucial trend in the automotive floor carpet market. These technologies can monitor the temperature, enhance the comfort in the vehicle and pave the way for intelligent vehicles in the coming years.
As per the automotive floor carpet market dynamics and trends, Autoneum, a Swiss-based company, announced that it has developed a recyclable carpet system in 2022, which is made of polyester. This target is expected to contribute to the sustainability goals of the automotive sector.
According to the automotive floor carpet industry analysis, between April 2022 to March 2023, the total vehicle production was 2,59,31,867 units. Sales of commercial vehicles increased from,75,989 to 6,03,465 units and sales of passenger vehicles went from 30,69,523 to 38,90,114 units in the fiscal year of 2022-23, compared to the previous term. Additionally, the export of passenger vehicles increased from 5,77,875 to 6,62,891 units whereas the export of commercial vehicles decreased from decreased from 92,297 to 78,645 units.
As per the industry reports, between January to July 2023, the total EV registration witnessed an increase of 17.6%. The registration of new hybrid EVs witnessed an increase of 31.6% in July. Germany saw a growth of 46.6%, France 32.8%, and Italy 16.7%. Moreover, the petrol cars witnessed an increase of 5% in July. This growth was driven by the rising sales of these cars in France and Germany, which can provide lucrative opportunities for the growth of the automotive floor carpet industry.
Market players are continuously making efforts to implement recyclable materials into their vehicles as a part of their sustainability strategy. For instance, Volkswagen announced that it is making its ID range of electric vehicles, ID.3, ID.4, ID.5 and ID.7, more sustainable through the usage of leather-free and recyclable materials. For example, the company is using recycled polyester in the production of floor covering and headliner of the ID Buzz. These efforts are expected to contribute to the automotive floor carpet industry revenue.
Several market players are expanding their market outreach by offering their products to new entrants. Uniproducts India announced that it is aiming for 15% growth of the company by 2027 by supplying its products to new automakers. The company is a primary provider of auto parts and accessories such as roof liners, insulation materials, and floor carpets, among others in the automotive floor carpet industry.
The key players in the global automotive floor carpet market include Paragon Union Berhad, Corinthian Automotive, Autoneum Holding AG, AGM Automotive, LLC, and Toyota Boshoku Corporation.
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Automotive floor carpet or moulded carpet refers to the carpet used inside the vehicles to avoid dust and dirt from entering the car cabin. The automotive floor carpet also offers drivers’ and passengers’ feet with cushioning. The automotive floor carpet industry can be segmented into type and application.
Based on its type, the market can be categorised as non-woven and tufted.
Based on its application, the market can be divided into:
The EMR report looks into the regional markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
CAGR 2024-2032 - Market by | Country |
India | 4.8% |
Saudi Arabia | 3.6% |
Canada | 3.0% |
Australia | 2.8% |
Japan | 2.5% |
USA | XX% |
UK | XX% |
Germany | XX% |
France | XX% |
Italy | XX% |
China | XX% |
Brazil | XX% |
Mexico | XX% |
The report presents a detailed analysis of the following key players in the global automotive floor carpet industry, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.
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The Asia Pacific accounts for a major market share due to the rising demand for automotive cars, owing to the rise in disposable income in the region. Furthermore, the advent of advanced technologies to enhance the functionalities of a vehicle, including smart vehicle carpets is contributing to the automotive floor carpet demand.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment::
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Breakup by Type |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
Automotive Floor Carpet Market Size
Automotive Floor Carpet Market Growth
Automotive Floor Carpet Market Trends
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global automotive floor carpet market is projected to grow at a CAGR of 3.2% between 2024 and 2032.
The major drivers of the industry, such as the increased consumer focus on quality and comfort, rising disposable incomes, increased production and sales of automobiles, rising product demand from the developing regions, and the growing demand for automobile aftermarket services, are expected to aid the market growth.
The key market trends guiding the growth of the industry include rapid technological advancements, the launch of light and durable automotive floor carpets with unique designs, and the increasing consumer shift towards online platforms for product purchase.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Non-woven and tufted are the leading automotive floor carpet types in the industry.
The significant application segments of the product include passenger vehicles and commercial vehicles.
The major players in the industry are Low & Bonar Plc, Toyota Boshoku Corp., Autoneum Holding Ltd., GRUPO ANTOLIN-IRAUSA, S.A., and Adler Pelzer Holding GmbH, among others.
In 2023, the market reached a value of approximately USD 1,018.36 million.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 1,352.10 million by 2032.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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