Global Automotive Glove Box Market
The Global Automotive Glove Box Market was valued at US$152 million in 2021 and it is expected to reach at US$189 million in 2027 at a CAGR of 3.03% during forecast period 2022-2027.
The glove box in an automobile is also referred to as the area directly above the front passenger's footwall seat that is fixed to the dashboard. These glove boxes are typically used for storing things like crucial documents, paperwork related to vehicle insurance, and others. They are frequently opened with a latch or handle, though occasionally a lock and key are used to ensure security concerns. These are also employed to lighten the load on the car. These aspects of glove box usage will continue to fuel market expansion.
Market Drivers
The introduction of composite materials including polymer matrices and carbon fiber in the automotive sectors with reference to the concept of light weight is positively influencing market expansion. Many end-user industries are replacing the original materials with composites since carbon fiber is known for reducing the weight of the vehicle where it has been employed. The market will develop as a result of the growing demand for lighter vehicles.
Market Restraints
The market for vehicle glove boxes may encounter challenges during the anticipated term due to high implementation costs. The use of composite materials necessitates a considerable financial outlay. The cost of these materials can be high. As a result, it is anticipated that the high cost of composite materials as well as expenditures made in production and associated costs will restrain the market's expansion.
Market Segmentation
The global automotive glove box market is segmented into vehicle type and material. By vehicle type it segmented into passenger cars, compact cars, mid-size cars, luxury cars, buses and coaches, truck and trailers, sport utility vehicle, light commercial vehicles and heavy commercial vehicles. By material it segmented into PVC, wood, leather, genuine leather, synthetic leather.
Regional Analysis
The global automotive glove box market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. Asia-Pacific has a stronghold on the world market for automobile glove boxes as a result of rising investments in the region's automotive industries throughout the course of the projection period. The widespread usage of automotive glove boxes in diverse regions is a second driver that is anticipated to accelerate growth over the projected period.
Key Players
Various key players are listed in this report such as Coy Laboratory Products, Inc. (U.S.), Cole-Parmer Instrument Company, LLC (U.S.), Glove Box Technology Limited (U.K.), Vacuum Atmospheres Company (U.S.), MBRAUN. (U.S.), Inertcorp (U.S.), International Association of Better Business Bureaus, Inc, (U.S.), Jacomex (France),Germfree Laboratories, Inc (U.S.), Miwa Mfg Co., Ltd. (Japan)
Market Taxonomy
By Vehicle Type
By Material
Key Question Addressed by the Report
Global Automotive Glove Box Market TOC
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 Glove Box 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 Glove Box Market, By Vehicle Type
5.1 Y-o-Y Growth Comparison, By Vehicle Type
5.2 Global Automotive Glove Box Market Share Analysis, By Vehicle Type
5.3 Global Automotive Glove Box Market Size and Forecast, By Vehicle Type
5.3.1 Passenger Cars
5.3.2 Compact Cars
5.3.3 Mid-Size Cars
5.3.4 Luxury Cars
5.3.5 Buses and Coaches
5.3.6 Truck and Trailers
5.3.7 Sport Utility Vehicle
5.3.8 Light Commercial Vehicles
5.3.9 Heavy Commercial Vehicles
6 Global Automotive Glove Box Market, By Material
6.1 Y-o-Y Growth Comparison, By Material
6.2 Global Automotive Glove Box Market Share Analysis, By Material
6.3 Global Automotive Glove Box Market Share Analysis, By Material
6.3.1 PVC
6.3.2 Wood
6.3.3 Leather
6.3.4 Genuine Leather
6.3.5 Synthetic Leather
7 Global Automotive Glove Box Market, By Region
7.1 Global Automotive Glove Box Market Share Analysis, By Region
7.2 Global Automotive Glove Box Market Share Analysis, By Region
8 North America Automotive Glove Box Analysis and Forecast (2022-2027)
8.1 Introduction
8.2 North America Automotive Glove Box Market Share Analysis, By Vehicle Type
8.3 North America Automotive Glove Box Size and Forecast, By Material
8.4 North America Automotive Glove Box Market Size and Forecast, By Country
8.4.1 U.S
8.4.2 Canada
8.4.3 Mexico
9 Europe Automotive Glove Box Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 Europe Automotive Glove Box Market Share Analysis, By Vehicle Type
9.3 Europe Automotive Glove Box Market Size and Forecast, By Material
9.4 Europe Automotive Glove Box Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4 Rest of Europe
10 Asia Pacific Automotive Glove Box Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Asia-Pacific Automotive Glove Box Market Size and Forecast, By Vehicle Type
10.3 Asia-Pacific Automotive Glove Box Market Size and Forecast, By Material
10.4 Asia-Pacific Automotive Glove Box Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11 Latin America Automotive Glove Box Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Latin America Automotive Glove Box Market Size and Forecast, By Vehicle Type
11.3 Latin America Automotive Glove Box Market Size and Forecast, By Material
11.4 Latin America Automotive Glove Box Market Size and Forecast, By Country
11.4.1 Brazil
11.4.2. Rest of Latin America
12 Middle East Automotive Glove Box Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Middle East Automotive Glove Box Market Share Analysis, By Vehicle Type
12.3 Middle East Automotive Glove Box Market Size and Forecast, By Material
12.4 Middle East Automotive Glove Box Market Size and Forecast, By Country
12.4.1. Saudi Arabia
12.4.2. UAE
12.4.2. Egypt
12.4.4. Kuwait
12.4.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1. Coy Laboratory Products, Inc. (U.S.)
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. Cole-Parmer Instrument Company, LLC (U.S.)
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3. Glove Box Technology Limited (U.K.)
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4. Vacuum Atmospheres Company (U.S.)
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5. MBRAUN. (U.S.)
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6. Inertcorp (U.S.)
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7. International Association of Better Business Bureaus, Inc, (U.S.)
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8. Jacomex (France)
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9. Germfree Laboratories, Inc (U.S.)
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10. Miwa Mfg Co., Ltd. (Japan)
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies
