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The automotive headliners market is likely to experience strong competition in the coming years due to the adoption of certain aggressive strategies, such as production capacity expansion, & acquisitions, by key product manufacturers to strengthen their competitive edge in the market. In June 2018, Grupo Antolin, a renowned automotive interior manufacturer across the globe, inaugurated its new 368,000 sq. ft. facility in Shelby, Michigan.
The facility has high-tech manufacturing equipment to manufacture and sequence automotive overhead systems and door panels. This USD 70 million investment has helped the company to strengthen its position in North America. In August 2019, Motus Integrated Technologies acquired Janesville Fiber Solutions. The acquisition has helped the company to control Janesville’s high-performance engineered thermal & acoustical fiber automotive solutions and strengthened its product portfolio.
Major players in automotive headliners industry are
Key automotive manufacturers opt to enter into long-term agreements with these headliner manufacturers for efficient product supply.