During the forecast period 2022-2032, the truck bedliner market demand is expected to grow at a value of 4.5% CAGR, according to Future Market Insights. By the year 2032, the global market for truck bedliner is expected to rise up to a market valuation of US$ 777.73 Million. Growth of the truck bedliner market can be credited to increase in transport activities and development in the DIY truck bedliner market.
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Key Takeaways from the Market Study
- By product, drop-in bedliners are expected to possess 45% market share for truck bedliners in 2022.
- By product, spray-out bedliners are expected to possess 35% market share for truck bedliners in 2022.
- North America is expected to possess 40% market share for truck bedliners market.
- Europe is expected to possess 35% market share for truck bedliners market in 2022.
- Germany is expected to register 4.5% CAGR for truck bedliners in the assessment period 2022-2032.
- is expected to register a CAGR of 4% for truck bedliners in the forecast period 2022-2032.
From 2017 to 2021, the truck bedliner market grew at a 3.5% CAGR. The outbreak has had a severe influence on the truck bed liner sector. This is because several end-user businesses closed their doors, which had an effect on the truck bedliner market. On the other side, sales of truck bedliners have skyrocketed as the need for carrying medical goods around the globe increases.
North America and Europe predominate the truck bedliners market. This is because, whereas the vehicle business is somewhat common in Europe, the logistics and transportation industries are extremely common in North America. Since the outbreak, the need for truck bedliners has grown significantly, and between 2022 and 2032, this trend is expected to continue.
“The growth of the automotive industry along with increase in transportation and the logistics industry is expected to drive the growth of the truck bedliners market,” states an FMI analyst.
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Competitive Landscape
Key players in the truck bedliners market are Aeroklas, Rhino Linings, Toff Liner, Panda Corporation, LINE-X, Homestead Products, Ultimate Linings, Industrial Polymers, Scorpion, Rugged Liner and Dual Liner
- LINE-X, a key player in the truck bedliner market is focusing on offering environmentally-friendly and VOC-free bedliners along with providing custom colour options. Moreover, the company is customizing the same according to the need of end user industries.
- Rhino Linings, another key player in the truck bedliner market is focusing on manufacturing drop-in bedliners that have a permanent bond and offer no cracking, bubbling or peeling in the long run.
Key Segments Profiled in the Truck Bedliner Industry Survey
By Product:
- Drop-in Bedliners
- Spray-out Bedliners
By Material:
- Polyurethanes
- Aluminium Carpet
- Other
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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