Report Description

Forecast Period

2024-2028

Market Size (2022)

USD 17 billion

CAGR (2023-2028)

8.6%

Fastest Growing Segment

Front Bumper

Largest Market

North America


Market Overview

Global Automotive Passenger Cars Exterior Trim Parts Market has valued at USD 17 Billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 8.6% through 2028. The global passenger cars exterior trim parts market is a dynamic and evolving segment within the automotive industry. It encompasses a wide range of components that play a crucial role in both the aesthetics and functionality of vehicles. These trim parts include items like bumpers, grilles, side mirrors, door handles, and various accents, all of which contribute to the overall appearance and safety of passenger cars. One of the key drivers of this market is the continuous growth in global automotive production. As the demand for passenger cars continues to rise worldwide, especially in emerging markets, there is a proportional increase in the need for exterior trim parts. These components are essential for enhancing the visual appeal of vehicles while also serving important safety and functional purposes.

Another significant factor shaping this market is the imposition of stringent automotive regulations by governments across the globe. These regulations focus on vehicle safety, emissions reduction, and fuel efficiency, prompting the automotive industry to incorporate advanced materials and technologies into exterior trim parts. Lightweight materials like plastics and composites are increasingly used to reduce vehicle weight and improve fuel efficiency, which aligns with these regulatory requirements.

Key Market Drivers

Increasing Global Automotive Production

One of the primary drivers propelling the global passenger cars exterior trim parts market is the relentless growth in global automotive production. The automotive industry has experienced consistent expansion over the years, driven by factors like urbanization, population growth, and increasing disposable incomes, especially in emerging markets. As more people around the world aspire to own personal vehicles, the demand for passenger cars continues to rise. This surge in demand directly correlates with the need for exterior trim parts. These components play a crucial role in the automotive assembly process, as they not only enhance the aesthetic appeal of vehicles but also serve essential functions, including safety and aerodynamics.

Exterior trim parts encompass a wide range of components, including bumpers, grilles, side mirrors, door handles, and more. Automakers and tier 1 suppliers continuously invest in research and development to improve the quality, durability, and design of these parts to meet the increasing demand. Consequently, the growth in global automotive production serves as a fundamental driver fueling the expansion of the passenger cars exterior trim parts market.

Stringent Automotive Regulations

Governments and regulatory bodies worldwide are imposing increasingly stringent regulations on vehicle safety, emissions, and fuel efficiency. These regulations are intended to enhance road safety, reduce environmental impact, and promote sustainable transportation.

To comply with these regulations, automakers must incorporate advanced materials and technologies into their vehicles, including exterior trim parts. For instance, lightweight materials such as plastics, composites, and aluminum are being employed to reduce vehicle weight, thereby improving fuel efficiency and reducing emissions. Additionally, exterior trim parts, such as bumpers and side panels, are being designed to absorb and dissipate energy during collisions to enhance occupant safety.

Furthermore, emissions standards are driving the adoption of electric and hybrid vehicles, which require innovative exterior trim parts to accommodate unique design requirements and the integration of charging ports and battery cooling systems. The continuous evolution of automotive regulations necessitates ongoing research and development efforts by manufacturers and suppliers. This, in turn, fosters innovation in the passenger cars exterior trim parts market as companies strive to meet and exceed regulatory requirements.

Rising Consumer Demand for Aesthetics

While safety and functionality remain paramount, there has been a notable shift in consumer preferences towards the aesthetics of their vehicles. Modern consumers are increasingly conscious of the appearance of their cars, seeking vehicles that reflect their personal style and taste.

This shift in consumer demand has driven automakers to invest in premium and customizable exterior trim parts. Customers now have the option to choose from a wide range of trim components, such as chrome accents, unique grille designs, custom paint options, and alloy wheels, to personalize their vehicles. These options allow car owners to express their individuality and make a statement on the road. In response to this demand, automotive manufacturers and suppliers are continuously innovating to offer visually appealing and customizable exterior trim parts. This includes the use of advanced materials, intricate designs, and innovative finishing techniques to create eye-catching components that enhance the overall aesthetics of vehicles. As aesthetics continue to play a significant role in the automotive industry, the demand for premium and visually appealing exterior trim parts is expected to grow, further driving the market.

Technological Advancements

The integration of advanced technologies into vehicles is another pivotal driver shaping the passenger cars exterior trim parts market. Modern vehicles are equipped with a wide array of technologies, ranging from smart sensors and LED lighting to advanced camera systems and connectivity features.

Exterior trim parts have not been immune to this technological revolution. They now incorporate sensors for functions such as parking assistance, blind-spot monitoring, and collision avoidance. LED lighting elements are integrated into headlights, taillights, and other trim components to improve visibility and energy efficiency. Additionally, camera systems are embedded in exterior mirrors and bumpers for functions like lane-keeping assistance and 360-degree view cameras.

These technological advancements not only enhance vehicle safety and functionality but also contribute to the overall aesthetics of the vehicle. For example, LED lighting can be used to create distinctive lighting signatures, while camera systems can facilitate advanced driver-assistance features. Automakers and suppliers are continually investing in research and development to stay at the forefront of automotive technology. This results in a constant demand for innovative exterior trim parts that can accommodate the integration of advanced features, making technology a significant driver of market growth.

Environmental Concerns and Sustainability

Growing environmental concerns and the push for sustainability are compelling factors driving change in the automotive industry, including the passenger cars exterior trim parts market. Sustainability efforts encompass various aspects, from reducing carbon emissions to conserving resources and minimizing waste. In response to these concerns, automakers are increasingly adopting eco-friendly materials for exterior trim parts. This includes the use of recycled plastics, bio-based materials, and environmentally responsible manufacturing processes.

Additionally, lightweight materials like carbon fiber composites are gaining prominence due to their potential to reduce vehicle weight and improve fuel efficiency. These materials not only enhance sustainability but also align with regulatory requirements for lower emissions. Sustainability initiatives extend to the end of a vehicle's life cycle as well. Recycling programs for automotive components, including trim parts, are being implemented to minimize waste and reduce the environmental impact of vehicle disposal.

Urbanization and Changing Mobility Patterns

The ongoing trend of urbanization and evolving mobility patterns also significantly impact the passenger cars exterior trim parts market. As more people migrate to urban centers, there is a growing need for smaller, more compact vehicles that are well-suited for urban environments. Compact and subcompact cars often require unique exterior trim designs to maximize interior space and maneuverability while maintaining safety and aesthetics. This trend has led to increased demand for innovative exterior trim solutions tailored to the specific needs of urban commuters. Furthermore, changing mobility patterns, including the rise of ride-sharing services and autonomous vehicles, are influencing exterior trim part requirements. For example, autonomous vehicles may incorporate advanced sensors and communication technologies into their exterior trim parts to facilitate self-driving capabilities and connectivity.

 

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Key Market Challenges

Rising Raw Material Costs and Supply Chain Disruptions

One of the primary challenges confronting the global passenger cars exterior trim parts market is the continuous rise in raw material costs and supply chain disruptions. Exterior trim parts are manufactured using a variety of materials, including plastics, metals, and composites. Fluctuations in the prices of these raw materials can significantly impact production costs and profit margins.

The cost of materials like aluminum, steel, and plastics can be subject to volatility due to factors such as global demand, geopolitical tensions, and trade policies. For example, tariffs imposed on steel and aluminum imports can increase production costs for automakers, leading to higher prices for exterior trim parts. Moreover, supply chain disruptions, as witnessed during the COVID-19 pandemic, can disrupt the steady flow of materials and components required for manufacturing. Delays in the supply chain can result in production stoppages and inventory shortages, adversely affecting the passenger cars exterior trim parts market.

Stringent Environmental Regulations and Sustainability Requirements

As environmental concerns continue to grow, governments worldwide are imposing stricter regulations on vehicle emissions and environmental impact. These regulations have a direct impact on the passenger cars exterior trim parts market, as they drive the demand for eco-friendly and sustainable materials and production processes. Automakers are increasingly pressured to reduce the carbon footprint of their vehicles, which extends to the materials used in exterior trim parts. This pressure has led to the adoption of sustainable materials, such as recycled plastics and bio-based composites, which can be more expensive to produce than traditional materials. Additionally, stringent regulations necessitate the development of exterior trim parts that are lightweight and contribute to improved fuel efficiency. Lightweight materials, while beneficial for reducing emissions, often come with higher manufacturing costs.

Intense Competitive Landscape

The global passenger cars exterior trim parts market is highly competitive, with numerous manufacturers and suppliers vying for market share. This intense competition can lead to price pressures and thin profit margins. Automakers frequently seek cost savings in their supply chains, often pressuring suppliers to reduce prices. This can be particularly challenging for suppliers, as they must find ways to maintain product quality while meeting cost reduction targets. Moreover, the competitive landscape necessitates continuous innovation in product design, materials, and manufacturing processes. Suppliers must invest in research and development to stay ahead of competitors and offer differentiated solutions to automakers.

Design Complexity and Customization Demands

Consumer preferences for vehicle aesthetics have evolved significantly, leading to an increased demand for complex and customized exterior trim parts. While customization allows car owners to express their individuality, it poses challenges for manufacturers and suppliers. Complex designs and customization options require greater flexibility in production processes, leading to higher production costs. Additionally, the need for shorter lead times and smaller batch sizes to accommodate customization can disrupt traditional manufacturing workflows. Furthermore, automakers often seek unique exterior trim parts for different vehicle models and trims to differentiate their offerings in a competitive market. This places additional strain on suppliers, who must manage a wide array of parts with varying designs and specifications.

Technology Integration and Advanced Features

The integration of advanced technologies into vehicles is a double-edged sword for the passenger cars exterior trim parts market. While technology integration offers opportunities for innovation and added value, it also poses challenges related to cost, complexity, and compatibility. Many modern vehicles incorporate advanced features such as sensors, cameras, and lighting systems into their exterior trim parts. For instance, parking assistance sensors are often integrated into bumpers, while camera systems may be embedded in side mirrors. These features enhance safety and functionality but require careful design and precise manufacturing. The complexity of integrating technology into exterior trim parts can drive up production costs and lead to compatibility issues if not executed correctly. Additionally, technological advancements can quickly become outdated, requiring suppliers to stay up-to-date with the latest developments in automotive technology.

Key Market Trends

Advanced Materials and Lightweighting

One of the prominent trends in the global passenger cars exterior trim parts market is the increasing adoption of advanced materials and lightweighting techniques. Automakers are under constant pressure to meet stringent fuel efficiency and emissions standards while simultaneously enhancing vehicle performance. This has driven the exploration of alternative materials and weight reduction strategies for exterior trim components.

Luxury and high-performance vehicles have embraced carbon fiber composites for applications like exterior panels, spoilers, and mirror housings. Carbon fiber offers an exceptional strength-to-weight ratio, contributing to improved vehicle performance. While it comes at a higher cost than traditional materials, its adoption is on the rise as automakers seek to enhance both performance and reduce emissions. The trend towards advanced materials and lightweighting aligns with regulatory requirements, enhances vehicle performance and fuel efficiency, and reduces emissions. As these materials become more cost-effective and readily available, their adoption in exterior trim parts is expected to continue growing.

Integration of Advanced Technologies

The integration of advanced technologies into exterior trim parts is another significant trend reshaping the passenger cars exterior trim parts market. These technologies are driving improvements in vehicle safety, functionality, and aesthetics, opening doors for innovation within the industry.

Smart sensors are increasingly being incorporated into exterior trim parts such as bumpers and side mirrors. These sensors serve various functions, including parking assistance, blind-spot monitoring, and collision avoidance. As a result, they enhance driver safety and contribute to the broader development of advanced driver assistance systems (ADAS). LED lighting elements are being integrated into various exterior trim parts, including headlights, taillights, and mirrors. Beyond improving visibility and energy efficiency, LEDs offer automakers design flexibility, enabling them to create unique lighting signatures that enhance a vehicle's aesthetics and brand identity.

The integration of these advanced technologies not only enhances vehicle performance and safety but also contributes to the overall driving experience. As consumer expectations for technology in vehicles continue to rise, automakers and trim part manufacturers are poised to invest further in these innovations.

Customization and Personalization

The desire for vehicle personalization and customization has become a prominent trend in the passenger cars exterior trim parts market. Today's car buyers seek vehicles that reflect their unique style and preferences, leading to increased demand for customized exterior trim components. Custom paint and finishes are among the most sought-after customization options. Automakers are expanding their offerings to include a wider range of custom paint colors and finishes for exterior trim parts. This allows customers to choose personalized options that align with their individual tastes. Matte finishes, metallic paints, and unique color combinations are becoming more common, enabling car buyers to make a distinctive statement with their vehicles.

Interior personalization extends to exterior trim parts as well. Automakers are offering customizable options for exterior trim elements that align with the interior theme or color scheme chosen by the customer. This level of customization ensures a cohesive and personalized vehicle design.

Digitalization and Online Sales Channels

The digitalization of the automotive industry is influencing the passenger cars exterior trim parts market through the proliferation of online sales channels and digital tools. As consumers increasingly rely on digital platforms for vehicle research and purchasing, this trend is reshaping how exterior trim parts are marketed and sold. Online configurators and visualizers allow consumers to digitally customize their vehicles, including exterior trim components, before making a purchase. These tools provide a highly interactive and immersive experience, enabling customers to explore various trim options, colors, and finishes. Additionally, augmented reality (AR) and virtual reality (VR) technologies are being used to offer virtual test drives and visualization of customized vehicles with different exterior trim combinations.

E-commerce platforms and online marketplaces are becoming popular channels for purchasing exterior trim parts. Consumers can browse a wide range of options, compare prices, and read reviews from other buyers before making their selections. This shift to online sales channels has expanded the reach of trim part manufacturers and suppliers, enabling them to connect with a global customer base.

Segmental Insights

Sales Channel Type Analysis

The OEM and Replacement segments can be used to study the automotive trim industry. OEM trims, which are made by key market participants and provided to automotive manufacturers for direct installation, are installed during the construction and assembly of the car. These trim materials and production techniques are of the finest caliber, and quality control is very stringent. The OEM market is dominated by suppliers with long-term business relationships with manufacturers; it is fiercely competitive and demands a high level of technical production competence. Since the majority of automobiles are sold with OEM fittings, the OEM portion of the industry often has a bigger overall market share than the replacement.

 

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Regional Insights

During the forecast period, North America will dominate the vehicle exterior trim components market. This is because there are many manufacturing businesses in this area. Additionally, it is anticipated that the United States will influence the majority of revenue share as the number of providers for car exterior trim parts rises in the country.

Europe has long been a significant market for automakers, and the existence of significant automakers in this area is anticipated to increase demand for automobile exterior trim parts there. Germany is also anticipated to be a key market in Europe to monitor over the projected period, followed by the United Kingdom.

Over the projected period, sales of window exterior molding, adhesive tapes for car window outside trim, and other related products are anticipated to do well. Additionally, a growing emphasis on sustainability is anticipated to encourage makers of car exterior trim parts to adopt environmentally friendly materials in their products.

Recent Developments

  • Lacks Enterprises Inc. created a joint venture with the Texas-based family-owned company GL Automotive LLC in November 2021 to provide Toyota Motors North America with exterior trim components and other parts. The project
  • Toyoda Gosei Co. Ltd. announced in January 2021 that a new plant for exterior and interior vehicle trim parts will be built in Ohira, Kurokawa-gun, Miyagi. Toyota Motor East Japan Inc., another local resident and Toyoda's primary customer, will increase manufacturing capacity in the Tohoku area, a significant supplier of automobile parts.
  • Novartis stated in July 2023 that a patent covering Entresto and combinations of sacubitril and valsartan, which expires in 2025 with its pediatric exclusivity components, was invalidated by the United States District Court for the District of Delaware.

Key Market Players

  • AISIN Group
  • CIE Automotive
  • DURA Automotive Systems
  • Ficosa Internacional SA
  • GEDIA Automotive Group
  • Hayashi Telempu Corporation
  • IDEAL Automotive
  • KASAI KOGYO Co. Ltd.
  • Samvardhana Motherson Group
  • TOYOTA BOSHOKU Corporation

By Product Type

By Application Type

By Region

  • Front Bumper
  • Rear Bumper
  • Outside Rear View Mirror (ORVM)
  • Rocker Panel (Under Cover)
  • Radiator Grills
  • Wheel Arch Cladding (Fender Liner)
  • OEM
  • Replacement
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global Automotive Passenger Cars Exterior Trim Parts Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Automotive Passenger Cars Exterior Trim Parts Market, By Product Type:

o   Front Bumper

o   Rear Bumper

o   Outside Rear View Mirror (ORVM)

o   Rocker Panel (Under Cover)

o   Radiator Grills

o   Wheel Arch Cladding (Fender Liner)

  • Automotive Passenger Cars Exterior Trim Parts Market, By Application Type:

o   OEM

o   Replacement

  • Automotive Passenger Cars Exterior Trim Parts Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe & CIS

§  France

§  Russia

§  United Kingdom

§  Italy

§  Germany

§  Spain

§  Belgium

o   Asia-Pacific

§  China

§  India

§  Japan

§  Indonesia

§  Thailand

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Automotive Passenger Cars Exterior Trim Parts Market.

Available Customizations:

Global Automotive Passenger Cars Exterior Trim Parts market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Automotive Passenger Cars Exterior Trim Parts Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Introduction

1.1.  Market Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Impact of COVID-19 on Global Automotive Passenger Cars Exterior Trim Parts Market

5.    Global Automotive Passenger Cars Exterior Trim Parts Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value & Volume

5.2.  Market Share & Forecast

5.2.1.    By Product Type Market Share Analysis (Front Bumper, Rear Bumper, Outside Rear View Mirror (ORVM), Rocker Panel (Under Cover), Radiator Grills, Wheel Arch Cladding (Fender Liner))

5.2.2.    By Sales Channel Market Share Analysis (OEM, Replacement)

5.2.3.    By Regional Market Share Analysis

5.2.3.1.        Asia-Pacific Market Share Analysis

5.2.3.2.        Europe & CIS Market Share Analysis

5.2.3.3.        North America Market Share Analysis

5.2.3.4.        South America Market Share Analysis

5.2.3.5.        Middle East & Africa Market Share Analysis

5.2.4.    By Company Market Share Analysis (Top 5 Companies, Others - By Value & Volume, 2022)

5.3.  Global Automotive Passenger Cars Exterior Trim Parts Market Mapping & Opportunity Assessment

5.3.1.    By Product Type Market Mapping & Opportunity Assessment

5.3.2.    By Sales Channel Market Mapping & Opportunity Assessment

5.3.3.    By Regional Market Mapping & Opportunity Assessment

6.    Asia-Pacific Automotive Passenger Cars Exterior Trim Parts Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value & Volume

6.2.  Market Share & Forecast

6.2.1.    By Product Type Market Share Analysis

6.2.2.    By Sales Channel Market Share Analysis

6.2.3.    By Country Market Share Analysis

6.2.3.1.        China Market Share Analysis

6.2.3.2.        India Market Share Analysis

6.2.3.3.        Japan Market Share Analysis

6.2.3.4.        Indonesia Market Share Analysis

6.2.3.5.        Thailand Market Share Analysis

6.2.3.6.        South Korea Market Share Analysis

6.2.3.7.        Australia Market Share Analysis

6.2.3.8.        Rest of Asia-Pacific Market Share Analysis

6.3.  Asia-Pacific: Country Analysis

6.3.1.    China Automotive Passenger Cars Exterior Trim Parts Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.            By Value & Volume

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.            By Product Type Market Share Analysis

6.3.1.2.2.            By Sales Channel Market Share Analysis

6.3.2.    India Automotive Passenger Cars Exterior Trim Parts Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.            By Value & Volume

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.            By Product Type Market Share Analysis

6.3.2.2.2.            By Sales Channel Market Share Analysis

6.3.3.    Japan Automotive Passenger Cars Exterior Trim Parts Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.            By Value & Volume

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.            By Product Type Market Share Analysis

6.3.3.2.2.            By Sales Channel Market Share Analysis

6.3.4.    Indonesia Automotive Passenger Cars Exterior Trim Parts Market Outlook

6.3.4.1.        Market Size & Forecast

6.3.4.1.1.            By Value & Volume

6.3.4.2.        Market Share & Forecast

6.3.4.2.1.            By Product Type Market Share Analysis

6.3.4.2.2.            By Sales Channel Market Share Analysis

6.3.5.    Thailand Automotive Passenger Cars Exterior Trim Parts Market Outlook

6.3.5.1.        Market Size & Forecast

6.3.5.1.1.            By Value & Volume

6.3.5.2.        Market Share & Forecast

6.3.5.2.1.            By Product Type Market Share Analysis

6.3.5.2.2.            By Sales Channel Market Share Analysis

6.3.6.    South Korea Automotive Passenger Cars Exterior Trim Parts Market Outlook

6.3.6.1.        Market Size & Forecast

6.3.6.1.1.            By Value & Volume

6.3.6.2.        Market Share & Forecast

6.3.6.2.1.            By Product Type Market Share Analysis

6.3.6.2.2.            By Sales Channel Market Share Analysis

6.3.7.    Australia Automotive Passenger Cars Exterior Trim Parts Market Outlook

6.3.7.1.        Market Size & Forecast

6.3.7.1.1.            By Value & Volume

6.3.7.2.        Market Share & Forecast

6.3.7.2.1.            By Product Type Market Share Analysis

6.3.7.2.2.            By Sales Channel Market Share Analysis

7.    Europe & CIS Automotive Passenger Cars Exterior Trim Parts Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value & Volume

7.2.  Market Share & Forecast

7.2.1.    By Product Type Market Share Analysis

7.2.2.    By Sales Channel Market Share Analysis

7.2.3.    By Country Market Share Analysis

7.2.3.1.        Germany Market Share Analysis

7.2.3.2.        Spain Market Share Analysis

7.2.3.3.        France Market Share Analysis

7.2.3.4.        Russia Market Share Analysis

7.2.3.5.        Italy Market Share Analysis

7.2.3.6.        United Kingdom Market Share Analysis

7.2.3.7.        Belgium Market Share Analysis

7.2.3.8.        Rest of Europe & CIS Market Share Analysis

7.3.  Europe & CIS: Country Analysis

7.3.1.    Germany Automotive Passenger Cars Exterior Trim Parts Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.            By Value & Volume

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.            By Product Type Market Share Analysis

7.3.1.2.2.            By Sales Channel Market Share Analysis

7.3.2.    Spain Automotive Passenger Cars Exterior Trim Parts Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.            By Value & Volume

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.            By Product Type Market Share Analysis

7.3.2.2.2.            By Sales Channel Market Share Analysis

7.3.3.    France Automotive Passenger Cars Exterior Trim Parts Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.            By Value & Volume

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.            By Product Type Market Share Analysis

7.3.3.2.2.            By Sales Channel Market Share Analysis

7.3.4.    Russia Automotive Passenger Cars Exterior Trim Parts Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.            By Value & Volume

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.            By Product Type Market Share Analysis

7.3.4.2.2.            By Sales Channel Market Share Analysis

7.3.5.    Italy Automotive Passenger Cars Exterior Trim Parts Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.            By Value & Volume

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.            By Product Type Market Share Analysis

7.3.5.2.2.            By Sales Channel Market Share Analysis

7.3.6.    United Kingdom Automotive Passenger Cars Exterior Trim Parts Market Outlook

7.3.6.1.        Market Size & Forecast

7.3.6.1.1.            By Value & Volume

7.3.6.2.        Market Share & Forecast

7.3.6.2.1.            By Product Type Market Share Analysis

7.3.6.2.2.            By Sales Channel Market Share Analysis

7.3.7.    Belgium Automotive Passenger Cars Exterior Trim Parts Market Outlook

7.3.7.1.        Market Size & Forecast

7.3.7.1.1.            By Value & Volume

7.3.7.2.        Market Share & Forecast

7.3.7.2.1.            By Product Type Market Share Analysis

7.3.7.2.2.            By Sales Channel Market Share Analysis

8.    North America Automotive Passenger Cars Exterior Trim Parts Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value & Volume

8.2.  Market Share & Forecast

8.2.1.    By Product Type Market Share Analysis

8.2.2.    By Sales Channel Market Share Analysis

8.2.3.    By Country Market Share Analysis

8.2.3.1.        United States Market Share Analysis

8.2.3.2.        Mexico Market Share Analysis

8.2.3.3.        Canada Market Share Analysis

8.3.  North America: Country Analysis

8.3.1.    United States Automotive Passenger Cars Exterior Trim Parts Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.            By Value & Volume

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.            By Product Type Market Share Analysis

8.3.1.2.2.            By Sales Channel Market Share Analysis

8.3.2.    Mexico Automotive Passenger Cars Exterior Trim Parts Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.            By Value & Volume

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.            By Product Type Market Share Analysis

8.3.2.2.2.            By Sales Channel Market Share Analysis

8.3.3.    Canada Automotive Passenger Cars Exterior Trim Parts Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.            By Value & Volume

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.            By Product Type Market Share Analysis

8.3.3.2.2.            By Sales Channel Market Share Analysis

9.    South America Automotive Passenger Cars Exterior Trim Parts Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value & Volume

9.2.  Market Share & Forecast

9.2.1.    By Product Type Market Share Analysis

9.2.2.    By Sales Channel Market Share Analysis

9.2.3.    By Country Market Share Analysis

9.2.3.1.        Brazil Market Share Analysis

9.2.3.2.        Argentina Market Share Analysis

9.2.3.3.        Colombia Market Share Analysis

9.2.3.4.        Rest of South America Market Share Analysis

9.3.  South America: Country Analysis

9.3.1.    Brazil Automotive Passenger Cars Exterior Trim Parts Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.            By Value & Volume

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.            By Product Type Market Share Analysis

9.3.1.2.2.            By Sales Channel Market Share Analysis

9.3.2.    Colombia Automotive Passenger Cars Exterior Trim Parts Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.            By Value & Volume

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.            By Product Type Market Share Analysis

9.3.2.2.2.            By Sales Channel Market Share Analysis

9.3.3.    Argentina Automotive Passenger Cars Exterior Trim Parts Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.            By Value & Volume

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.            By Product Type Market Share Analysis

9.3.3.2.2.            By Sales Channel Market Share Analysis

10.  Middle East & Africa Automotive Passenger Cars Exterior Trim Parts Market Outlook

10.1.            Market Size & Forecast

10.1.1. By Value & Volume 

10.2.            Market Share & Forecast

10.2.1. By Product Type Market Share Analysis

10.2.2. By Sales Channel Market Share Analysis

10.2.3. By Country Market Share Analysis

10.2.3.1.     South Africa Market Share Analysis

10.2.3.2.     Turkey Market Share Analysis

10.2.3.3.     Saudi Arabia Market Share Analysis

10.2.3.4.     UAE Market Share Analysis

10.2.3.5.     Rest of Middle East & Africa Market Share Africa

10.3.            Middle East & Africa: Country Analysis

10.3.1. South Africa Automotive Passenger Cars Exterior Trim Parts Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value & Volume

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Product Type Market Share Analysis

10.3.1.2.2.         By Sales Channel Market Share Analysis

10.3.2. Turkey Automotive Passenger Cars Exterior Trim Parts Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value & Volume

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Product Type Market Share Analysis

10.3.2.2.2.         By Sales Channel Market Share Analysis

10.3.3. Saudi Arabia Automotive Passenger Cars Exterior Trim Parts Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value & Volume

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Product Type Market Share Analysis

10.3.3.2.2.         By Sales Channel Market Share Analysis

10.3.4. UAE Automotive Passenger Cars Exterior Trim Parts Market Outlook

10.3.4.1.     Market Size & Forecast

10.3.4.1.1.         By Value & Volume

10.3.4.2.     Market Share & Forecast

10.3.4.2.1.         By Product Type Market Share Analysis

10.3.4.2.2.         By Sales Channel Market Share Analysis

11.  SWOT Analysis

11.1.            Strength

11.2.            Weakness

11.3.            Opportunities

11.4.            Threats

12.  Market Dynamics

12.1.            Market Drivers

12.2.            Market Challenges

13.  Market Trends and Developments

14.  Competitive Landscape

14.1.            Company Profiles (Up to 10 Major Companies)

14.1.1. AISIN Group

14.1.1.1.     Company Details

14.1.1.2.     Key Product Offered

14.1.1.3.     Financials (As Per Availability)

14.1.1.4.     Recent Developments

14.1.1.5.     Key Management Personnel

14.1.2. CIE Automotive

14.1.2.1.     Company Details

14.1.2.2.     Key Product Offered

14.1.2.3.     Financials (As Per Availability)

14.1.2.4.     Recent Developments

14.1.2.5.     Key Management Personnel

14.1.3. DURA Automotive Systems

14.1.3.1.     Company Details

14.1.3.2.     Key Product Offered

14.1.3.3.     Financials (As Per Availability)

14.1.3.4.     Recent Developments

14.1.3.5.     Key Management Personnel

14.1.4. Ficosa Internacional SA

14.1.4.1.     Company Details

14.1.4.2.     Key Product Offered

14.1.4.3.     Financials (As Per Availability)

14.1.4.4.     Recent Developments

14.1.4.5.     Key Management Personnel

14.1.5. GEDIA Automotive Group

14.1.5.1.     Company Details

14.1.5.2.     Key Product Offered

14.1.5.3.     Financials (As Per Availability)

14.1.5.4.     Recent Developments

14.1.5.5.     Key Management Personnel

14.1.6. Hayashi Telempu Corporation

14.1.6.1.     Company Details

14.1.6.2.     Key Product Offered

14.1.6.3.     Financials (As Per Availability)

14.1.6.4.     Recent Developments

14.1.6.5.     Key Management Personnel

14.1.7. IDEAL Automotive

14.1.7.1.     Company Details

14.1.7.2.     Key Product Offered

14.1.7.3.     Financials (As Per Availability)

14.1.7.4.     Recent Developments

14.1.7.5.     Key Management Personnel

14.1.8. KASAI KOGYO Co. Ltd.

14.1.8.1.     Company Details

14.1.8.2.     Key Product Offered

14.1.8.3.     Financials (As Per Availability)

14.1.8.4.     Recent Developments

14.1.8.5.     Key Management Personnel

14.1.9. Samvardhana Motherson Group

14.1.9.1.     Company Details

14.1.9.2.     Key Product Offered

14.1.9.3.     Financials (As Per Availability)

14.1.9.4.     Recent Developments

14.1.9.5.     Key Management Personnel

14.1.10.               TOYOTA BOSHOKU Corporation

14.1.10.1.   Company Details

14.1.10.2.   Key Product Offered

14.1.10.3.   Financials (As Per Availability)

14.1.10.4.   Recent Developments

14.1.10.5.   Key Management Personnel

15.  Strategic Recommendations

15.1.            Key Focus Areas

15.1.1. Target Regions

15.1.2. Target Product Type

About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Automotive Passenger Cars Exterior Trim Parts Market was estimated to be USD 17 billion in 2022.

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The OEM and Replacement segments can be used to study the automotive trim industry. OEM trims, which are made by key market participants and provided to automotive manufacturers for direct installation, are installed during the construction and assembly of the car. These trim materials and production techniques are of the finest caliber, and quality control is very stringent. The OEM market is dominated by suppliers with long-term business relationships with manufacturers; it is fiercely competitive and demands a high level of technical production competence. Since the majority of automobiles are sold with OEM fittings, the OEM portion of the industry often has a bigger overall market share than the replacement.

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During the forecast period, North America will dominate the vehicle exterior trim components market. This is because there are many manufacturing businesses in this area. Additionally, it is anticipated that the United States will influence the majority of revenue share as the number of providers for car exterior trim parts rises in the country. Europe has long been a significant market for automakers, and the existence of significant automakers in this area is anticipated to increase demand for automobile exterior trim parts there.

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Increasing Global Automotive Production, Rising Consumer Demand for Aesthetics, Urbanization and Changing Mobility Patterns and Environmental Concerns and Sustainability are the major drivers for the Global Automotive Passenger Cars Exterior Trim Parts Market.

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Srishti Verma

Business Consultant
Press Release

Automotive Passenger Cars Exterior Trim Parts Market to Grow with a CAGR of 8.6% Globally through to 2028

Oct, 2023

Increasing Global Automotive Production, Rising Consumer Demand for Aesthetics, Urbanization and Changing Mobility Patterns and Environmental Concerns and Sustainability are factors driving the Globa