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.
The truck bedliner market expanded at a 3.5% CAGR from 2017 to 2021. The truck bed liner market has been significantly impacted by the outbreak. This is due to a number of end-user companies going out of business, which had an impact on the truck bedliner market. On the other hand, as the demand for shipping medical supplies throughout the world grows, truck bedliner sales have soared.
The truck bedliners market is mostly dominated by North America and Europe. This is due to the fact that whereas the automobile industry is quite widespread in Europe, the logistics and transportation sectors are very prevalent in North America. The need for truck bedliners has increased dramatically since the epidemic, and it is anticipated that this trend would continue between 2022 and 2032.
“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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