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Automotive Flooring Market Share

Report ID: GMI2149
Published Date: May 2024
Report Format: PDF

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Automotive Flooring Market Share

Key players involve in the automotive flooring industry are 3M, Autoneum, DuPont, Freudenberg SE, and Gemini Group Inc. accounting market share of 8-12% in 2023. Manufacturers continuously spending in R&D to discover new materials, designs, and technologies that may enhance the performance, durability, and appearances of their products. This has resulted in the development of a diverse range of flooring alternatives, including carpet, vinyl, rubber, and even environmentally friendly materials like bamboo and cork. The increased popularity of electric and hybrid cars has created a desire for lightweight, durable flooring materials that can resist the specific difficulties presented by these vehicles.

Automotive Flooring Market Companies

Major companies operating in the automotive flooring industry include:

3M
Apache Mills Inc
Auria Solutions
Auto Custom Carpets Inc
Autoneum
Dorsett Industries
DuPont
Foss Performance Materials
Freudenberg SE
GAHH, LLC
Gemini Group Inc.
Hyosung Corporation
Low & Bonar
Toyota Boshoku Corporation
WALSER GmbH

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of automotive flooring reached USD 1.4 billion in 2023 and is set to witness 2.8% CAGR from 2024 to 2032, owing to the technological advancements, changing consumer preferences, and regulatory requirements worldwide.

The floor mats segment reached USD 883 million in 2023, due to consumers increasingly looking for floor mats that may be customized with designs, colors, and materials that fit the inside of their car.

Asia Pacific market recorded USD 569 million in 2023, attributed to the expansion of the automotive sector, together with increased vehicle production and sales in the region.

Auto Custom Carpets Inc, Autoneum, Dorsett Industries, DuPont, Foss Performance Materials, Freudenberg SE, GAHH, LLC, Gemini Group Inc., Hyosung Corporation, Low & Bonar, Toyota Boshoku Corporation, and WALSER GmbH, are some of the major automotive flooring companies worldwide.