NEW
YORK, June 26, 2024 /PRNewswire/ -- The
global truck bedliners market size is estimated to grow
by USD 1.48 billion from
2024-2028, according to Technavio. The market is estimated to grow
at a CAGR of 8.03% during the forecast period. Growing
sales of pickup trucks is driving market growth, with a
trend towards growing use of pure polyurea in spray-on
bedliners. However, fluctuating cost and availability of raw
materials used in bedliners poses a challenge. Key market
players include Axalta Coating Systems Ltd., Carlisle Companies
Inc., DualLiner LLC, Eastern Polymer Group Public Co. Ltd., Fabick
Inc., Industrial Polymers Corp., Kruger Family Industries, LINE-X
LLC, Penda, Recochem Inc., Rhino Linings Corp., RPM International
Inc., Scorpion Protective Coatings Inc., Simmons Industries Inc.,
Speedokote LLC Inc., The Sherwin Williams Co., Truck Hero Inc.,
Ultimate Linings Ltd., Vandapac Co. Ltd., and WeatherTech Direct
LLC.
![Technavio has announced its latest market research report titled Global truck bedliners market 2024-2028 Technavio has announced its latest market research report titled Global truck bedliners market 2024-2028](https://mma.prnewswire.com/media/2447469/IRTNTR45146_bw_info_v4.jpg)
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Truck Bedliners
Market Scope
|
Report
Coverage
|
Details
|
Base year
|
2023
|
Historic
period
|
2018 - 2022
|
Forecast
period
|
2024-2028
|
Growth momentum &
CAGR
|
Accelerate at a CAGR of
8.03%
|
Market growth
2024-2028
|
USD 1485
million
|
Market
structure
|
Fragmented
|
YoY growth 2022-2023
(%)
|
7.28
|
Regional
analysis
|
North America, Europe,
APAC, South America, and Middle East and Africa
|
Performing market
contribution
|
North America at
45%
|
Key
countries
|
US, China, Japan,
Canada, and France
|
Key companies
profiled
|
Axalta Coating Systems
Ltd., Carlisle Companies Inc., DualLiner LLC, Eastern Polymer Group
Public Co. Ltd., Fabick Inc., Industrial Polymers Corp., Kruger
Family Industries, LINE-X LLC, Penda, Recochem Inc., Rhino Linings
Corp., RPM International Inc., Scorpion Protective Coatings Inc.,
Simmons Industries Inc., Speedokote LLC Inc., The Sherwin Williams
Co., Truck Hero Inc., Ultimate Linings Ltd., Vandapac Co. Ltd., and
WeatherTech Direct LLC
|
Market Driver
The global truck bedliners market is experiencing a rise in
demand for spray-on bedliners, which are being produced using
advanced elastomers, particularly 100% polyurea. This material
offers superior scratch resistance and lifetime durability. Vendors
are focusing on using pure polyurea for its superior chemical
properties, including greater tensile and tear strength, hardness,
elongation, UV protection, and resistance to fading, leaks, rust,
and corrosion. Additionally, efforts are being made to reduce
volatile organic compounds (VOCs) in spray-on bedliners for less
hazardous production. These advancements are expected to boost the
growth of the global truck bedliners market.
The truck bedliner market is experiencing significant growth
with various players offering different types of liners. Spray-on
bedliners are gaining popularity due to their durability and
seamless finish. Bedliners made of materials like polyurethane and
thermoplastic elastomer are in high demand for their resistance to
wear and tear. The market is also witnessing the emergence of
composite bedliners, which offer a combination of strength and
lightweight properties. Additionally, customizable bedliners are
trending, allowing customers to personalize their truck's bed. The
market is expected to continue growing, driven by increasing demand
for protection and customization of truck beds.
Research report provides comprehensive data on impact of trend.
For more details- Download a Sample Report
Market Challenges
- The global truck bedliners market faces challenges due to the
price volatility and accessibility of essential raw materials,
mainly plastics and polymers. Fluctuations in their pricing can
impact production costs, potentially reducing profit margins.
Delays in supply chain due to shortages or disruptions can affect
market competitiveness. Maintaining a consistent stock of
high-quality raw materials is also difficult, leading to product
quality inconsistencies. Consequently, the market's growth may be
hindered by the unpredictability of raw material prices during the
forecast period.
- The Truck Bedliners market faces several challenges. Comfort is
a key consideration, as customers seek durable and cushioned
materials for their trucks. Customers also prioritize protection
against scratches and dents caused by heavy loads or rough terrain.
Cost is another challenge, as consumers look for affordable options
without compromising quality. Additionally, the market is
competitive, with many companies offering various types of
bedliners, such as spray-on, drop-in, and roll-in. Trucks with
customized bedliners also pose a challenge, as these require
specific bedliner solutions. Furthermore, the trend towards
electric and autonomous vehicles may impact the demand for
traditional truck bedliners. Bedliner manufacturers must address
these challenges to remain competitive in the market.
For more insights on driver and
challenges - Request a sample report!
Segment Overview
This truck bedliners market report extensively covers market
segmentation by
- Type
- Distribution Channel
- Geography
- 3.1 North America
- 3.2 Europe
- 3.3 APAC
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 Drop-in- The drop-in bedliner segment dominates
the global truck bedliners market due to its cost-effective
installation, easy removal, and high impact resistance.
Manufacturers focus on innovation, using materials like
high-density polyethylene with UV inhibitors for protection and
custom fits. Both OEMs and aftermarket vendors offer drop-in
bedliners, expanding customer options. Prices vary based on truck
model and size. Continuous product development retains customer
loyalty.
For more information on market segmentation with geographical
analysis including forecast (2024-2028) and historic data
(2017-2021) - Download a Sample Report
Research Analysis
The urban population's growth has led to an increase in demand
for utility vehicles, leading to a boom in the market for truck
bedliners. These protective coverings, made from advanced materials
like polyurea, are essential for preventing abrasive damage to the
truck bed during cargo transportation. Spray-on bedliners, applied
using specialized sprayers, offer custom designs and improved
visual appeal. The use of aliphatic compounds ensures long-lasting
protection against impact. Truck accessories like bedliners,
covers, and PPE kits have become essential for enhancing comfort
and safety in automobile production. Advanced technologies continue
to drive innovation in the market, with new spray-on bedliners
offering improved surface materials and easier cleaning
purposes.
Market Research Overview
The Truck Bedliners Market encompasses the production, sales,
and installation of protective coatings applied to the beds of
light commercial vehicles and pickup trucks. These liners provide
resistance to wear and tear, UV damage, and chemical exposure. They
can be segmented based on materials, such as rubber, polyurethane,
spray-in liners, and composite materials. The market growth is
driven by increasing vehicle sales, especially in emerging
economies, and the rising demand for customized vehicle solutions.
Additionally, advancements in technology have led to the
development of innovative bedliner materials, offering superior
protection and durability. The market is expected to grow
significantly in the coming years due to these factors.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Type
-
- Distribution Channel
-
- Geography
-
- North America
- Europe
- APAC
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio