Truck Bedliners Market to Grow by USD 1.10 billion | Growing Sales of Pickup Trucks to Drive Growth | Technavio

NEW YORK, Dec. 7, 2021 -- The drop-in segment by type is expected to have a significant growth share of the truck bedliners market. The growth of this segment will be driven by factors such as the availability of drop-in bedliners as custom and standard fitments through OEM/dealerships and aftermarket channels, along with the advent of new-generation drop-in bedliners.

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Some of the primary growth drivers for the truck bedliners market are the growing sales of pickup trucks, increasing availability of truck accessories offered by OEMs, and rising uptake of spray-on bedliners. The market size is expected to grow by USD 1.10 bn from 2020 to 2025. The growth momentum of the market posted a year-over-year growth rate of 6.94% in 2021.

Regional Analysis

• 52% of the growth will originate from North America.
• The US and Canada are the key markets for the truck bedliners market in North America.
• Market growth in this region will be faster than the growth of the market in North America, APAC, Europe, South America, and MEA.
• The high adoption of pickup trucks will drive the truck bedliners market growth in North America over the forecast period.

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Notes:

• The truck bedliners market size is expected to accelerate at a CAGR of 7.31% during the forecast period.
• The truck bedliners market is segmented by type (drop-in and spray-on) and geography (North America, APAC, Europe, South America, and MEA).
• The market is fragmented due to the presence of many vendors holding significant market share.
• The research report offers information on several market vendors, including Carlisle Polyurethane Systems, DualLiner LLC, Eastern Polymer Group Public Co. Ltd., Fabick Inc., LINE-X LLC, Rust-Oleum Corp., Speedokote LLC Inc., The Sherwin-Williams Co., Truck Hero Inc., and U-POL Ltd.

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