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Automotive headliner market outlook

June 10th, 2020 / By: / Industry News

According to the new market research report “Automotive Headliner Market by Vehicle Type (Passenger and Commercial), Material Type (Fabric, Polyester and Plastic), and Region (APAC, North America, Europe, South America and Middle East & Africa) – Global Forecast to 2025”, published by MarketsandMarkets™, the global Automotive Headliner Market size is projected to grow from $16.6 billion in 2020 to $20.4 billion by 2025, at a CAGR of 4.2 percent, during the forecast period.       

The passenger vehicle segment is projected to account for the largest share of the automotive headliner market, by vehicle type, during the forecast period. The growth of this segment can be attributed to the increase in demand for interior components in passenger vehicles. The fabric segment is projected to be the fastest-growing material type in the automotive headliner market during the forecast period.