According to the research report titled ‘Global Automotive Headliner Market Size study, by Vehicle Type (Passenger Vehicle, Commercial Vehicle), by Material Type (Fabric, Polyester, Plastic) and Regional Forecasts 2020-2027‘, available with Market Study Report, global automotive headliner market was valued at USD 15.9 billion in 2019 and is expected to witness a CAGR of 4.2% during 2020-2027.
 

Rising production of commercial vehicles and passenger cars, consumer preference for interior styling, convenience features, and quality as well as favorable government norms regarding emission level and fuel efficiency are the major factors propelling the growth of global automotive headliner market.
 

Automotive headliners refer to roof of automotive which are not only aesthetic but also have functional uses. They offer various benefits such as shock absorption, protection, sound reduction in vehicle’s interior, maintain acoustic circumstances, and cover the wire that run through roof of the vehicle. High spending power of individuals and inclination towards personalized vehicles for desired level of comfort will contribute to global automotive headliner market expansion.
 

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Increasing prevalence of COVID-19 has caused decline in production and demand of passenger cars and commercial vehicles, plunging the utilization of automotive headliners, thereby negatively impacting the market remuneration. Further, high product cost will act as restraint for global automotive headliner industry outlook over the forecast period.
 

Based on vehicle type, global automotive headliner market is segmented into commercial vehicles and passenger vehicles. With regards to material type, the industry is bifurcated into plastic, fabric, and polyester.
 

From regional frame of reference, worldwide automotive headliner industry landscape is segmented into Europe, Asia Pacific, North America, Latin America, and rest of the world. Asia Pacific held a majority industry share in the recent past and is anticipated to witness highest growth rate over 2020-2027, mainly due to increase in production & sales volume of passenger cars. Booming population and rapid urbanization will provide further impetus to APAC automotive headliner market.
 

Major players operating in global automotive headliner marketplace include International Automotive Components (IAC) Group LLC, Inteva Products LLC, Grupo Antolin Pvt. Ltd., Kasai North America Inc., Hayashi Telempu Co. Ltd., Freudenberg Performance Materials, U.G.N. Inc., Toyota Boshoku Corporation, Motus Integrated Technologies, and Howa Co. Ltd.