The truck bedliners market in North America is expected to grow from US$ 273.53 million in 2022 to US$ 361.11 million by 2028; it is estimated to grow at a CAGR of 4.7% from 2022 to 2028.
Increasing Technological Advancements for Lightweight and Environment-Friendly Bedliners
To reduce the weight of the trucks, it is necessary to achieve a good balance design for optimum thermal, vibration, and weight balance. Rubber was the most suitable and widely used bedliners material. However, nature and environment agencies have forcefully banned it. Therefore, the bedliners made of organic materials were introduced and used widely. However, non-asbestos organic bed liners wear out rapidly and generate lots of wear debris. Thus, a combination of semi-metallic formulation for high performance and non-asbestos organic (NAO) material for lower noise and smooth transition is mostly preferred. Zeolites, banana peels, periwinkle shells, and coconut fragments are mostly used in friction materials to reduce pollution by vehicles. Hence, the growing transition toward the use of eco-friendly materials is anticipated to drive the market growth in the coming years. Furthermore, the mandate by California and Washington in 2010 passed laws for reducing the amount of copper used in bedliners to keep the river and lake waters free of copper. Studies conducted in California and Washington show that copper levels are extremely high in river and lake waters due to dust released from bedliners washed into the water system. As per the National Sanitation Foundation (NSF), a friction material registrar authorized by the Bedliners Manufacturers Council (BMC), has set levels that are meant to be an easy, at-a-glance way to show the amount of copper in the pad. For instance, Level B shows copper levels must be less than 5% by weight, and level N shows copper levels must be less than 0.5% by weight. Thus, bedliners manufacturers focus on introducing lightweight environment-friendly bedliners, which is expected to offer lucrative opportunities for the truck bedliners market during the forecast period.
Market Overview
In North America, the US is one of the major markets for truck bedliners. In 2020, as per the report by BTS, North America produced approximately 542,000 trucks. The truck industry is a vital part of the North American economy. In recent years, truck production has slowed due to rising production costs, shifting supply chains, and disruption connected to COVID-19 outbreak. In 2021, the largest bedliners market share belongs to the US. In 2021, the US produced over 288,000 million trucks, while Mexico and Canada together produced only ~178,900 trucks. In addition, the free trade agreement between Canada, the US, and Mexico has increased the flow of goods and capital across North America, which is critical to the supply chain of the truck industry. The new "United States–Mexico–Canada Agreement," signed in October 2018, stipulates the rules of origin (ROO) for trucks to be followed, with 75% of the finished truck's value coming from inside the regulated region. Hence, the growing production of trucks in the region is anticipated to propel the truck bedliners market over the forecast period.
North America Truck bedliners Market Revenue and Forecast to 2028 (US$ Million)
North America Truck bedliners market Segmentation
The North America truck bedliners market is segmented on the basis of type, material, and country. Based on type, the market is segmented into drop-in bedliners, spray-on bedliners, and others. The spray-on 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 US, Canada, and Mexico. The US dominated the market share in 2022. SPEEDLINER; Rhino Linings Corporation; Line X LLC; TOFF; Ultimate Linings; DualLiner Truck Bed Liners; American Bedliners Custom Truck Shop; and Truck Hero, Inc. are the leading companies operating in the North America truck bedliners market.
● SPEEDLINER
● Rhino Linings Corporation
● Line X LLC
● TOFF
● Ultimate Linings
● DualLiner Truck Bed Liners
● American Bedliners Custom Truck Shop
● Truck Hero, Inc.
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. North America Truck Bedliners Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. North America Truck Bedliners Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Growing Emphasis on Cargo Protection by End Users
5.2 Market Restraints
5.2.1 Concerns Regarding Installation of Bedliners
5.3 Market Opportunities
5.3.1 Increasing Technological Advancements for Lightweight and Environment-Friendly Bedliners
5.4 Future Trends
5.4.1 Growing Adoption of Electric Vehicles
5.5 Impact Analysis of Drivers and Restraints
6. Truck Bedliners Market – North America Market Analysis
6.1 Truck Bedliners Market Overview
6.2 North America Truck Bedliners Market Forecast and Analysis
7. North America Truck Bedliners Market Analysis – By Type
7.1 Overview
7.2 North America 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. North America Truck Bedliners Market – by Material
8.1 Overview
8.2 North America 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 North America 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. North America Truck Bedliners Market – by Country Analysis
9.1 North America: Truck Bedliners Market
9.1.1 North America: Truck Bedliners, by Key Country
9.1.1.1 US: Truck Bedliners – Revenue, and Forecast to 2028 (US$ Million)
9.1.1.1.1 US: Truck Bedliners, By Type
9.1.1.1.2 US: Truck Bedliners, By Material
9.1.1.2 Canada: Truck Bedliners – Revenue, and Forecast to 2028 (US$ Million)
9.1.1.2.1 Canada: Truck Bedliners, By Type
9.1.1.2.2 Canada: Truck Bedliners, By Material
9.1.1.3 Mexico: Truck Bedliners – Revenue, and Forecast to 2028 (US$ Million)
9.1.1.3.1 Mexico: Truck Bedliners, By Type
9.1.1.3.2 Mexico: 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 Line X LLC
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 TOFF
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 Ultimate Linings
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
11.6 DualLiner Truck Bed Liners
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 American Bedliners Custom Truck Shop
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Truck Hero, Inc.
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Word Index
