Truck Bedliner Market Size & Share | Global Trends 2028

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Truck Bedliner Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Drop-In Bedliners, Spray-On Bedliners, and Others) and Material (Polyurethane, Aluminum Carpet, and Others)

Publication Month: Sep 2022 | Report Code: TIPRE00029749 | No. of Pages: 195 | Category: Automotive and Transportation | Status: Published

The Truck Bedliner Market size is valued US$ 500.95 million in 2022; it is estimated to grow at a CAGR of 4.2% from 2022 to 2028.

Truck bedliners protect the interior of a truck bed and provide a nonslip surface. The demand for truck covers is increasing in the automotive industry due to the surge in the production of medium and heavy-duty trucks. In particular, Asia Pacific, the Middle East, and Latin America remain important target markets for truck bed suppliers. Furthermore, rising disposable income and increasing urban population drive the global truck bedliners market. Also, the increasing concerns about comfort and safety, rising demand for luxury, and adoption of advanced technologies in the automotive industry are fueling the market growth.

In addition, one of the major factors bolstering the growth of the global truck bedliner market is the increasing prevalence of sprayers. Although truck bed pallets are more expensive than their pedestrian counterparts, they are more popular because of their high-performance parameters. Sprayed clothing is made of aliphatic compounds that do not fade easily. Also, spray bedliners are reliable and durable, so they can be used to cover additional parts of the bumper or rear panorama. The bedliners can also improve the vehicle's visual appeal, which improves its resale value. The custom designs and usability of spray bedliners make them an ideal choice for truck enthusiasts.

Truck bedliners are also used as a protective cover for the entire exterior of trucks. The complete exterior cover provides advanced protection while driving on rough roads. Many consumers cover their pickup trucks with bed panels because it improves their truck's appearance and provides armored protection and a unique design for the vehicle.

The truck bedliner market is highly fragmented, and vendors use growth strategies, including product portfolios, innovation, and strategic partnerships, to compete in the market. To develop business and recover from the COVID-19 pandemic impact, market vendors focus on fast-growing segments and maintain their positions in slow-growing segments.

Based on the market report, the truck bedliner industry is segmented into type, material, and geography. Based on type, the market is segmented into drop-in bedliners, spray-on bedliners, and others. In terms of material, the truck bedliner market is segmented into polyurethane, aluminum carpet, and others. Based on geography, the market is segmented into North America (the US, Canada, and Mexico), Europe (Germany, France, Italy, the UK, Russia, and the Rest of Europe), Asia Pacific (Australia, China, India, Japan, South Korea, and the Rest of APAC), the Middle East & Africa (South Africa, Saudi Arabia, the UAE, and the Rest of MEA), and South & Central America (Brazil, Argentina, and the Rest of South & Central America).

Strategic Insights

Report Coverage - Truck Bedliner Market
Report CoverageDetails
Market Size Value inUS$ 500.95 Million in 2022
Market Size Value byUS$ 641.40 Million by 2028
Growth rateCAGR of 4.2% from 2022 to 2028
Forecast Period2022-2028
Base Year2022
No. of Pages195
No. of Tables64
No. of Charts & Figures72
Historical data availableYes
Segments coveredType, and Material
Regional scopeNorth America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country scopeUS, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
Report coverageRevenue forecast, company ranking, competitive landscape, growth factors, and trends
Free Sample Copy Available

Impact of COVID-19 Pandemic on Truck Bedliner Market Growth

The COVID-19 pandemic negatively impacted the global truck bedliners market. Passenger vehicle and LCV manufacturers faced immediate consequences of the outbreak, which will continue in the long term. Lockdown restrictions to curb the spread of SARS-CoV-2 significantly impacted supply chains of raw materials, such as fabric, cushions availability, electronic components, and production facilities. However, as the lockdown restriction eased down from Q1 in 2021, the market gained momentum due to the rising demand for vehicles. Thus, the market is projected to witness growth during the forecast period.

In 2020, restrictions on the manufacturing industry and the proclaimed lockdowns hampered the business of vendors operating in the truck bedliners market. Due to the subsequent recession, most truck bedliners were experiencing various challenges, such as the shutdown of factories and labor shortages. However, in 2021, as per the focus2move survey, approximately 3 million trucks were sold annually, and the number is expected to grow by 25–27% in 2022. Hence, the rise in truck sales is expected to promote the growth of truck bedliners over the forecast period.

Lucrative Regions for Truck Bedliners Market

Lucrative Regions for Truck Bedliners Market

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Market Insights – Truck Bedliner Market

Rising Truck Sales

According to the report by Knoema, total commercial automotive sales worldwide were ~25.8 million units in 2021. Furthermore, the increasing popularity of online retail platforms is fueling the demand for utility trucks in the e-commerce sector for last-mile deliveries. Furthermore, China, India, Indonesia, and other countries in Asia Pacific are creating a high demand for medium and heavy-weight trucks, owing to the growing construction industry. According to the statement by Truckinfo, in 2022, medium and heavy commercial vehicle (MHCV) sales in India are expected to grow by 37 to 42% compared to 2021 due to strong demand from infrastructure sectors, such as construction, transportation mining, steel, and cement. In 2020, China sold 1.6194 million heavy vehicles, 159,000 medium vehicles, 2.1978 million light vehicles, and 708,400 small vehicles. Rapid population growth, urbanization, industrial expansion, and infrastructure development are also increasing the demand for pickup trucks. Hence, the growing truck sales worldwide are creating the need for truck accessories, such as bedliners.

Type-Based Market Insights

Based on type, the truck bedliner market can be categorized into drop-in bedliners, spray-on bedliners, and others. The drop-in bedliners segment dominated the truck bedliner market on account of its high durability and high operational performance. The spray-on bedliners segment is anticipated to grow at a significant CAGR by 2028. Several industry players are offering a comprehensive range of highly reliable spray bedliners, which is anticipated to significantly fuel the spray-on bedliners segment growth.

Material-Based Market Insights

The material segment is divided into polyurethanes, aluminum carpet, and others. The Polyurethane segment is anticipated to grow at a significant CAGR because of its beneficial properties such as water resistance, lightness, and flexibility. The demand for welded and precision-machined aluminum bedliners is also growing at a significant pace, which is anticipated to bolster the growth of the truck bedliners market.

Players operating in the Truck Bedliner Market are mainly focused on developing advanced and efficient products.

  • In May 2022, Ultimate Linings, LLC announced that the company had planned to relocate its chemical manufacturing facility from Bedford, Texas, to Lebanon. Ultimate Linings will invest US$ 31 million and create 50 jobs.
  • In Janurary 2021, TCI Products—a manufacturer of auto refinish coatings—announced the release of its newest product, "Shield Bedliner," a 2k urethane-based bedliner and coating solution.

Company Profiled:

  • American Bedliners Custom Truck Shop
  • DualLiner Truck Bed Liners
  • Henan Huayu Auto Accessories Manufacturing Co., Ltd
  • Line X LLC
  • Rhino Linings Corporation
  • TOFF
  • Truck Hero, Inc
  • Ultimate Linings

Frequently Asked Questions

The global truck bedliners market was estimated to be USD 491.13 Mn million in 2021 and is expected to grow at a CAGR of 4.2 %, during the forecast period 2022 - 2028.
The main driving factors are 1. Rising Truck Sales in the Asia Pacific 2. Growing Emphasis on Cargo Protection by End Users
The key players, holding majority shares, in truck bedliners market includes SPEEDLINER, DUALLINER TRUCK BED LINERS, RHINO LININGS CORPORATION, TOFF, LINE X LLC.
APAC is anticipated to grow with the highest CAGR over the forecast period.
The country anticipated to grow with the highest CAGR are US, Germany, China, UAE, and Brazil.
The US held the largest market share in 2021, followed by China.
The spray-on bedliners segment led the truck bedliners market with a significant share in 2021, and it is also expected to grow with the highest CAGR.
The truck bedliners market is expected to reach US$ 641.40 Mn by 2028.
The incremental growth, expected to be recorded for the truck bedliners market during the forecast period, is US$ 140.05 million.

The List of Companies - Truck Bedliners Market

  2. Rhino Linings Corporation
  3. Line X LLC
  4. TOFF
  5. Ultimate Linings
  6. DualLiner Truck Bed Liners
  7. American Bedliners Custom Truck Shop
  8. Truck Hero, Inc.
  10. Henan Huayu Auto Accessories Manufacturing Co., Ltd
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global truck bedliners market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the global truck bedliners market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.
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