The truck bedliners market in Asia Pacific is expected to grow from US$ 148.24 million in 2022 to US$ 191.78 million by 2028; it is estimated to grow at a CAGR of 4.4% from 2022 to 2028.
Intensifying Truck Sales in Asia Pacific
Increasing popularity of online retail platforms fuel the demand for utility trucks in the e-commerce sector for last-mile deliveries. Furthermore, China, India, Indonesia, and other Asia Pacific countries are creating a high demand for medium and heavy-weight trucks owing growing construction industry. According to the statement by Truckinfo, in 2022, medium and heavy commercial vehicle (MHCV) sales are expected to grow by 37 to 42% as compared 2021 in India due to strong demand from infrastructure sectors, such as construction, transportation mining, steel, and cement. In 2020, China sold 1.6194 million heavy vehicles, 159,000 medium vehicles, 2.1978 million light vehicles, and 708,400 small vehicles. Rapid population growth, urbanization, industrial expansion, and infrastructure development are also increasing the demand for pickup trucks. Hence, the growing truck sales across the Asia Pacific create the need for truck accessories, such as bedliners, which fuels the truck bedliners market growth.
Market Overview
The rising truck manufacturing business in Asia Pacific is driving the expansion of the auto components manufacturing industry, particularly in nations such as China, Korea, and India. The demand for a vast and diverse number of truck parts and components is growing in tandem with the rise in electric truck production. As a result, some businesses are focusing on expanding their manufacturing lines and distribution networks to channel their sales of their product including bedliners. However, in 2020, the COVID-19 outbreak significantly limited the business operations of manufacturing truck parts and components. Trade restrictions and bedliners consumption disrupted supply chains fell due to government lockdowns worldwide. However, government incentives, expanding product demand, and the easy availability of raw materials are expected to boost the truck bedliners market growth during the forecast period. For instance, India's Truck Mission Plan FAME-II prioritizes government assistance to the country's burgeoning truck & component manufacturing industries. The truck parts and component manufacturing business has undergone extensive renovation in recent years, resulting in the emergence of a highly competitive industry.
Asia Pacific Truck bedliners Market Revenue and Forecast to 2028 (US$ Million)
Asia Pacific Truck bedliners market Segmentation
The Asia Pacific truck bedliners market is segmented based on type, material, and country. Based on type, the market is segmented into drop-in bedliners, spray-on bedliners, and others. The drop-in bedliners segment held the largest market share in 2022.
Based on material, the market is segmented into polyurethane, aluminium carpet, and others . The polyurethane segment held the largest market share in 2022. Based on country, the market is segmented into the Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. The China dominated the market share in 2022. SPEEDLINER; Rhino Linings Corporation; Ultimate Linings; Truck Hero, Inc.; and Henan Huayu Auto Accessories Manufacturing Co., Ltd are the leading companies operating in the Asia Pacific truck bedliners market.
● SPEEDLINER
● Rhino Linings Corporation
● Ultimate Linings
● Truck Hero, Inc.
● Henan Huayu Auto Accessories Manufacturing Co., Ltd
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. APAC Truck Bedliners Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 APAC
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. APAC Truck Bedliners Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Intensifying Truck Sales in Asia Pacific
5.1.2 Upward Emphasis on Cargo Protection by End Users
5.2 Market Restraints
5.2.1 Concerns Regarding Fitting of Bedliners
5.3 Market Opportunities
5.3.1 Increasing Technological Developments for Lightweight and Environment-Friendly Bedliners
5.4 Future Trends
5.4.1 Mounting Adoption of Electric Vehicles
5.5 Impact Analysis of Drivers and Restraints
6. Truck Bedliners Market – APAC Market Analysis
6.1 APAC Truck Bedliners Market Forecast and Analysis
7. APAC Truck Bedliners Market Analysis – By Type
7.1 Overview
7.2 APAC Truck Bedliners Market, By Type (2021 And 2028)
7.3 Drop-In bedliners
7.3.1 Overview
7.3.2 Drop-In bedliners: Truck Bedliners Market Revenue and Forecast To 2028 (US$ Million)
7.4 Spray-On bedliners
7.4.1 Overview
7.4.2 Spray-On bedliners: Truck Bedliners Market Revenue and Forecast To 2028 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: Truck Bedliners Market Revenue and Forecast To 2028 (US$ Million)
8. APAC Truck Bedliners Market Revenue and Forecast to 2028 – Material
8.1 Overview
8.2 APAC Truck Bedliners Market, By Material (2021 And 2028)
8.3 Polyurethane
8.3.1 Overview
8.3.2 Polyurethane: Truck Bedliners Market Revenue and Forecast To 2028 (US$ Million)
8.4 Aluminium Carpet
8.4.1 Overview
8.4.2 Aluminium Carpet: Truck Bedliners Market Revenue and Forecast To 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Truck Bedliners Market Revenue and Forecast To 2028 (US$ Million)
9. APAC Truck Bedliners Market – by Country Analysis
9.1 APAC: Truck Bedliners
9.1.1 APAC: Truck Bedliners, by Key Country
9.1.1.1 China: Truck Bedliners – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 China: Truck Bedliners, By Type
9.1.1.1.2 China: Truck Bedliners, By Material
9.1.1.2 Japan: Truck Bedliners – Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Japan: Truck Bedliners, By Type
9.1.1.2.2 Japan: Truck Bedliners, By Material
9.1.1.3 India: Truck Bedliners – Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 India: Truck Bedliners, By Type
9.1.1.3.2 India: Truck Bedliners, By Material
9.1.1.4 South Korea: Truck Bedliners – Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 South Korea: Truck Bedliners, By Type
9.1.1.4.2 South Korea: Truck Bedliners, By Material
9.1.1.5 Australia: Truck Bedliners – Revenue and Forecast to 2028 (US$ Million)
9.1.1.5.1 Australia: Truck Bedliners, By Type
9.1.1.5.2 Australia: Truck Bedliners, By Material
9.1.1.6 Rest of APAC: Truck Bedliners – Revenue and Forecast to 2028 (US$ Million)
9.1.1.6.1 Rest of APAC: Truck Bedliners, By Type
9.1.1.6.2 Rest of APAC: Truck Bedliners, By Material
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 New Product Launch
11. Company Profiles
11.1 SPEEDLINER
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Rhino Linings Corporation
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Ultimate Linings
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Truck Hero, Inc.
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Henan Huayu Auto Accessories Manufacturing Co., Ltd
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Word Index
LIST OF TABLES.
Table 1. APAC Truck Bedliners Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. APAC: Truck Bedliners Market Revenue Share, By Country
Table 3. China: Truck Bedliners, By Type –Revenue and Forecast to 2028 (US$ Million)
Table 4. China: Truck Bedliners, By Material –Revenue and Forecast to 2028 (US$ Million)
Table 5. Japan: Truck Bedliners, By Type –Revenue and Forecast to 2028 (US$ Million)
Table 6. Japan: Truck Bedliners, By Material –Revenue and Forecast to 2028 (US$ Million)
Table 7. India: Truck Bedliners, By Type –Revenue and Forecast to 2028 (US$ Million)
Table 8. India: Truck Bedliners, By Material –Revenue and Forecast to 2028 (US$ Million)
Table 9. South Korea: Truck Bedliners, By Type –Revenue and Forecast to 2028 (US$ Million)
Table 10. South Korea: Truck Bedliners, By Material –Revenue and Forecast to 2028 (US$ Million)
Table 11. Australia: Truck Bedliners, By Type –Revenue and Forecast to 2028 (US$ Million)
Table 12. Australia: Truck Bedliners, By Material –Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of APAC: Truck Bedliners, By Type –Revenue and Forecast to 2028 (US$ Million)
Table 14. Rest of APAC: Truck Bedliners, By Material –Revenue and Forecast to 2028 (US$ Million)
Table 15. List of Abbreviation
