Fact.MR’s Report on Global Automotive Sliding Load Floor Market
In a recent business intelligence study, Fact.MR presents the nitty-gritty of the global automotive sliding load floor market considering 2014-2018 as the historic year and 2019–2029 as the stipulated timeframe. The business report highlights the drivers, restraints, opportunities and trends affecting market growth. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume.
Automotive sliding load floors are rapidly gaining adoption in modern vehicles, as auto manufacturers have been seeking options to bolster shipping capacities for transport, while keeping capital investment requirements low. Most load floor manufacturers have been pushing for a paper honeycomb technology made from polyurethane, with the aim of bolstering durability and allowing for easier cleaning.
The global market for automotive sliding load floors is expected to grow by 1.9 times through the forecast period till the end of 2029. The growth can be widely attributed to the massive rise in e-commerce operations, with the high demand for clothing, electronics, groceries, which has created a strong need for intercity and last mile deliveries for a suitable cargo management system.
The rising need for light commercial vehicles and the need for commercial cargo management, safety in loading and unloading will be a major factor driving the demand for automotive sliding load floors.
The automotive sliding load floor market study outlines the key regions – North America, Latin America, Europe, Asia Pacific and MEA – along with the countries contributing the most in the respective regions. The report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing and gross margin. Prominent players covered in this research are Extendobed, Cargo Glide, Innovative Industries Inc. (Slide-Master), Takit Inc (Bedslide), Decked LLC, Jotto Desk, Mor/Ryde International Inc, Front Runner GmbH, Cargo Ease Inc. and ASG Group Associate Ltd.
The automotive sliding load floor market report addresses the below-mentioned queries:
- Why are vendors shifting away from traditional methods of manufacturing automotive sliding load floor market?
- How does the global automotive sliding load floor market looks like in the next five years?
- Which end use industry is expected to surpass segment by the end of 2029?
- What innovative products are being introduced by the players in the global automotive sliding load floor market?
- Which regions are showing the fastest market growth?
On the basis of material, the automotive sliding load floor market study consists of
- Aluminium
- Steel
- Polymer
- Composites
- Wood Laminates
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On the basis of vehicles, the automotive sliding load floor market study incorporates:
- Passenger Car
- LCV
Recyclable Polymers Gain Traction
Automotive sliding load floors manufacturers are increasingly opting to develop their products using sustainable polymers including polypropylene, which is ideal owing to its high durability and low weight. The bubble structure of the material provides multiple advantages including non-skid surfaces, repelling moisture, color adjustment, and easier cutting and formation.
In addition, vehicle original equipment manufacturers are using polypropylene to cut down on the weight of the vehicle in addition to boosting fuel consumption, with the aim of delivering a more sustainable alternative.
Governments are setting up strict policies to reduce carbon dioxide emissions, which are also supporting the use of polypropylene to direct automobile manufacturers in terms of expanding fleets of electric vehicles. This trend is expected to generate a greater demand for lighter parts, owing to effects of handling heavier batteries.
Crucial insights in the automotive sliding load floor market research:
- Underlying macro- and microeconomic factors impacting the growth of the automotive sliding load floor market.
- Basic overview of the automotive sliding load floor market, including market definition, classification, and applications.
- Scrutinization of each automotive sliding load floor market player based on mergers & acquisitions, R&D projects, and product launches.
- Adoption trend of automotive sliding load floor market across various industries.
- Important regions and countries offering lucrative opportunities to automotive sliding load floor market stakeholders.
East Asian Countries tom Become Primary Markets
The rapid rise in the numbers of passenger vehicles and the growing trend for automobile electrification are becoming key to the growing importance of East Asian nations as primary markets for the industry. This trend is especially true for automotive production in India and China, which have projected growth of up to 7 per cent in the coming decade, owing to a majority of these shares coming from compact and mid-sized vehicles.
In addition, electric vehicles are being exempt from taxes in China and India, in addition to being provided with other incentives such as exemptions to road tolls, priority parking, which are expected to increase the demand for light weight variants of automotive sliding load floors for heavy shipping and baggage handling.
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