Product Code: ETC051079 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The automotive trim market in Saudi Arabia is set to witness considerable growth during the forecast period of 2025-2031, due to increasing investments in the transportation sector and increase in disposable income. Automotive trims are used for cosmetic purposes, such as upholstery, door panels, interior lighting systems, and floor carpets. Growing demand for luxury vehicles and advanced features is expected to drive the market growth over the projected timeline.
Increasing government initiatives towards investment in public transportation infrastructure will propel the automotive trim industry forward. Growing preference among consumers for luxurious cars with aesthetic appeal will foster adoption of these trims by OEMs that are looking to differentiate their product offerings from those of competitors`. Rising disposable incomes have increased purchasing power among customers which has propelled sales figures across all vehicle segments including passenger cars & commercial vehicles resulting into higher consumption of automotive trim products over time. Additionally, Advances in technologies employed within automobiles has led to growing acceptance of lightweight materials which can reduce overall weight while improving safety standards at same time helping enhance fuel efficiency therefore driving utilization rate of these trims further upwards .
Fluctuations in crude oil prices can affect production cost leading to price hikes on finished goods making it difficult for manufacturers maintain competitive pricing structure.
COVID-19 pandemic has adversely impacted the Saudi Arabia economy due to reduced production activities and lower consumer spending. This has resulted in a decline in vehicle sales which will eventually create a negative impact on the growth of the automotive trim market during 2025??2031. Howeve, post lockdown period there are positive signs that auto industry activity will be resumed or improved as compared to pre COVID-19 period along with help of various government initiatives such as offering free registration fees services till end 2025 and other incentives like tax exemption etc., which could help uplift the overall economic condition over time and result into subsequent increase in sale of vehicles hence providing impetus for growth of Automotive Trim Market within country.
Some key players operating in the Saudi Arabia Automotive Trim Market include Toyota Motor Corporation, Magna International Inc., Lear Corporation, Faurecia SA , Inteva Products LLC , Woco Group GmbH & Co KG , Adient plc , Woodbridge Group , Autoneum Holding AG among others.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Automotive Trim Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Automotive Trim Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Automotive Trim Market - Industry Life Cycle |
3.4 Saudi Arabia Automotive Trim Market - Porter's Five Forces |
3.5 Saudi Arabia Automotive Trim Market Revenues & Volume Share, By Material type, 2021 & 2031F |
3.6 Saudi Arabia Automotive Trim Market Revenues & Volume Share, By Interior Application, 2021 & 2031F |
3.7 Saudi Arabia Automotive Trim Market Revenues & Volume Share, By Exterior Application, 2021 & 2031F |
3.8 Saudi Arabia Automotive Trim Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.9 Saudi Arabia Automotive Trim Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Saudi Arabia Automotive Trim Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Automotive Trim Market Trends |
6 Saudi Arabia Automotive Trim Market, By Types |
6.1 Saudi Arabia Automotive Trim Market, By Material type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Automotive Trim Market Revenues & Volume, By Material type, 2021-2031F |
6.1.3 Saudi Arabia Automotive Trim Market Revenues & Volume, By Acrylonitrile Butadiene Styrene (ABS), 2021-2031F |
6.1.4 Saudi Arabia Automotive Trim Market Revenues & Volume, By Polypropylene (PP), 2021-2031F |
6.1.5 Saudi Arabia Automotive Trim Market Revenues & Volume, By Polyoxymethylene (POM), 2021-2031F |
6.1.6 Saudi Arabia Automotive Trim Market Revenues & Volume, By Thermoplastic Elastomer (TPE), 2021-2031F |
6.1.7 Saudi Arabia Automotive Trim Market Revenues & Volume, By Others, 2021-2031F |
6.2 Saudi Arabia Automotive Trim Market, By Interior Application |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Automotive Trim Market Revenues & Volume, By Dashboard, 2021-2031F |
6.2.3 Saudi Arabia Automotive Trim Market Revenues & Volume, By Door Panel, 2021-2031F |
6.2.4 Saudi Arabia Automotive Trim Market Revenues & Volume, By Others, 2021-2031F |
6.3 Saudi Arabia Automotive Trim Market, By Exterior Application |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Automotive Trim Market Revenues & Volume, By Bumpers, 2021-2031F |
6.3.3 Saudi Arabia Automotive Trim Market Revenues & Volume, By Door & Window Seals, 2021-2031F |
6.3.4 Saudi Arabia Automotive Trim Market Revenues & Volume, By Others, 2021-2031F |
6.4 Saudi Arabia Automotive Trim Market, By Vehicle Type |
6.4.1 Overview and Analysis |
6.4.2 Saudi Arabia Automotive Trim Market Revenues & Volume, By ICE Passenger Vehicle, 2021-2031F |
6.4.3 Saudi Arabia Automotive Trim Market Revenues & Volume, By ICE Commercial Vehicle, 2021-2031F |
6.4.4 Saudi Arabia Automotive Trim Market Revenues & Volume, By Battery Electric Vehicle (BEV), 2021-2031F |
6.4.5 Saudi Arabia Automotive Trim Market Revenues & Volume, By Hybrid Electric Vehicle (HEV), 2021-2031F |
6.4.6 Saudi Arabia Automotive Trim Market Revenues & Volume, By Plug-in Hybrid Electric Vehicle (PHEV), 2021-2031F |
6.5 Saudi Arabia Automotive Trim Market, By End Use |
6.5.1 Overview and Analysis |
6.5.2 Saudi Arabia Automotive Trim Market Revenues & Volume, By Original Equipment Manufacturers (OEMs), 2021-2031F |
6.5.3 Saudi Arabia Automotive Trim Market Revenues & Volume, By Aftermarket, 2021-2031F |
7 Saudi Arabia Automotive Trim Market Import-Export Trade Statistics |
7.1 Saudi Arabia Automotive Trim Market Export to Major Countries |
7.2 Saudi Arabia Automotive Trim Market Imports from Major Countries |
8 Saudi Arabia Automotive Trim Market Key Performance Indicators |
9 Saudi Arabia Automotive Trim Market - Opportunity Assessment |
9.1 Saudi Arabia Automotive Trim Market Opportunity Assessment, By Material type, 2021 & 2031F |
9.2 Saudi Arabia Automotive Trim Market Opportunity Assessment, By Interior Application, 2021 & 2031F |
9.3 Saudi Arabia Automotive Trim Market Opportunity Assessment, By Exterior Application, 2021 & 2031F |
9.4 Saudi Arabia Automotive Trim Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.5 Saudi Arabia Automotive Trim Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Saudi Arabia Automotive Trim Market - Competitive Landscape |
10.1 Saudi Arabia Automotive Trim Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Automotive Trim Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |