Global Automotive Decorative Exterior Trim Market
Automotive decorative exterior trim is defined as an additional object or item added to the exterior of an automobile or vehicle to increase the esthetic appeal of the vehicle. Various types of exterior trims available for vehicles including bumper cover, door handle trim, logo, & stickers. The key reason to use a decorative exterior trim is to protect the vehicle from any unwanted damage which can occur from the surroundings of the automobile like from other vehicles.
Market Drivers
The increase in automobile production along with shifting consumer preferences towards enhancing the aesthetics of vehicles which is expected to boost the global automotive decorative exterior trim market growth during this forecast period. The growing demand for high end luxury vehicles like BMW, Ferrari, and Mercedes in various countries will accelerate the industry growth. The increase in SUV sales due to affluence level, and large family sizes will positively influence the market growth.
Technological advancements in material & manufacturing processes allow vehicle accessories manufactures to development of high quality products as well as efficient manufacturing processes allows good fit and finish of the product for external parts of vehicle along with low operational cost will support the global automotive decorative exterior trim market growth during this forecast timeline. The rise in internet penetration, consumer awareness, & availability of the technical information online are expected to drive the market growth. The increase in disposable income customization of the vehicles, and vehicle sales to improve its aesthetic appearance is fuelling automotive decorative exterior trim market growth.
Market Restraints
The increase in complexities and costs associated with product maintenance, and replacement are expected to hamper the growth of the global automotive decorative exterior trim market during this forecast timeline.
Market Segmentation
The Global Automotive Decorative Exterior Trim Market is segmented into type such as PCV, LCV, and HCV, by application such as Daylight Opening, Around Lamp, Door Upper Trims, and Windows. Further, market is segmented into distribution channel such as OEM, and Aftermarket.
Also, the Global Automotive Decorative Exterior Trim Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Regional Analysis
The Asia Pacific is projected to account for a major revenue share in the automotive decorative exterior trim market growth, due to substantial vehicle production across the region, especially in developing countries including China, Indonesia, and India which is expected to drive the target market growth in this region. The increase in demand for improving aesthetics of the vehicle among consumers will create opportunities for the market growth. Europe is expected to hold significant market share during the forecast timeframe, owing to the increase in research and development activities to enhance the product by improving the quality of the raw materials.
Market Key Players
Some key operating players are listed in this report including Altuglass International, SRG Global, Inc., Dura Automotive systems, Magna International, Trinseo, Takata, CIE Automotive, etc.
Market Taxonomy
By Type
By Application
By Distribution Channel
By Region
Key Questions Addressed by the Report
Global Automotive Decorative Exterior Trim Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Automotive Decorative Exterior Trim Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Automotive Decorative Exterior Trim Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Automotive Decorative Exterior Trim Market Share Analysis, By Type
5.3 Global Automotive Decorative Exterior Trim Market Size and Forecast, By Type
5.3.1 PCV
5.3.2 LCV
5.3.3 HCV
6 Global Automotive Decorative Exterior Trim Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Automotive Decorative Exterior Trim Market Share Analysis, By Application
6.3 Global Automotive Decorative Exterior Trim Market Size and Forecast, By Application
6.3.1 Daylight Opening
6.3.2 Around Lamp
6.3.3 Door Upper Trim
6.3.4 Windows
7 Global Automotive Decorative Exterior Trim Market, By Distribution Channel
7.1 Y-o-Y Growth Comparison, By Distribution Channel
7.2 Global Automotive Decorative Exterior Trim Market Share Analysis, By Distribution Channel
7.3 Global Automotive Decorative Exterior Trim Market Size and Forecast, By Distribution Channel
7.3. 1 OEM
7.3.2. Aftermarket
8Global Automotive Decorative Exterior Trim Market, By Region
8.1 Global Automotive Decorative Exterior Trim Market Share Analysis, By Region
8.2 Global Automotive Decorative Exterior Trim Market Share Analysis, By Region
8.3 Global Automotive Decorative Exterior Trim Market Size and Forecast, By Region
9 North America Automotive Decorative Exterior Trim Market Analysis and Forecast (2020-2030)
9.1 Introduction
9.2 North America Automotive Decorative Exterior Trim Market Share Analysis, By Type
9.3 North America Automotive Decorative Exterior Trim Market Size and Forecast, By Application
9.4 North America Automotive Decorative Exterior Trim Market Size and Forecast, By Distribution Channel
9.5 North America Automotive Decorative Exterior Trim Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10EuropeAutomotive Decorative Exterior Trim Market Analysis and Forecast (2020-2030)
10.1 Introduction
10.2 Europe Automotive Decorative Exterior Trim Market Share Analysis, By Type
10.3 Europe Automotive Decorative Exterior Trim Market Size and Forecast, By Application
10.4 Europe Automotive Decorative Exterior Trim Market Size and Forecast, By Distribution Channel
10.5 Europe Automotive Decorative Exterior Trim Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11Asia Pacific Automotive Decorative Exterior Trim Market Analysis and Forecast (2020-2030)
11.1 Introduction
11.2 Asia Pacific Automotive Decorative Exterior Trim Market Share Analysis, By Type
11.3 Asia Pacific Automotive Decorative Exterior Trim Market Size and Forecast, By Application
11.4 Asia Pacific Automotive Decorative Exterior Trim Market Size and Forecast, By Distribution Channel
11.5 Asia Pacific Automotive Decorative Exterior Trim Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12Latin America Automotive Decorative Exterior Trim Market Analysis and Forecast (2020-2030)
12.1 Introduction
12.2 Latin America Automotive Decorative Exterior Trim Market Share Analysis, By Type
12.3 Latin America Automotive Decorative Exterior Trim Market Size and Forecast, By Application
12.4 Latin America Automotive Decorative Exterior Trim Market Size and Forecast, By Distribution Channel
12.5 Latin America Automotive Decorative Exterior Trim Market Size and Forecast, Country
13Middle East Automotive Decorative Exterior Trim Market Analysis and Forecast (2020-2030)
13.1 Introduction
13.2 Middle East Automotive Decorative Exterior Trim Market Share Analysis, By Type
13.3 Middle East Automotive Decorative Exterior Trim Market Size and Forecast, By Application
13.4 Middle East Automotive Decorative Exterior Trim Market Size and Forecast, By Distribution Channel
13.5 Middle East Automotive Decorative Exterior Trim Market Size and Forecast, By Country
14Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15Company Profiles
15.1 Altuglass International
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. SRG Global, Inc
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. Dura Automotive systems
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Magna International
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Trinseo
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Takata
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 CIE Automotive
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
