Truck Bedliners: A North American Market Report
San Jose, California (PRWEB) March 30, 2010
Truck bedliners are among the most widely used truck accessories, along with appearance chemicals and floor mats. Truck bedliners are coverings that offer protection to the truck bed against damage from environment, daily wear and tear, abrasion, scratches, dents and rust.
The North American market for truck bedliners (drop-in and spray-on) is heavily dependent on the sales of pickup trucks, as stated by the new market research report on truck bedliners. The market growth is also favored by the trend towards customization of old pickup vehicles. High fuel prices and uncertain economic conditions led to a significant drop in sales of pickup truck, resulting in restricted consumer spending, which adversely affected revenue generation in the truck bedliners market. Launch of new truck models, and rise in prices of raw materials (and hence bedliners) is anticipated to provide new avenues of growth and revenue generation for the market.
Technological advancements and new developments associated with coatings and application techniques are expected to provide new growth opportunities for bedliner distributors outside the pickup truck industry, particularly for the spray-on bedliners market. Such advancements allow companies to differentiate their products, allowing them to meet specific cost and performance targets, rather than sell the same coating to every applicator. By 2012, the market for spray-on bedliners is anticipated to surpass 686 thousand units.
The market for drop-in bedliners in North America was significantly affected by the decline in truck sales in recent years. However, the low prices of drop-in bedliners are expected to sustain demand for drop-in liners, although the market continues to face stiff challenge from the spray-on segment. The decline in demand for drop-in truck plastic bedliners is also attributed to product's drawbacks, in terms of design as well as functionality.
Line-X Corporation leads the North American spray-on bedliner aftermarket while Penda Corporation is the leader in the drop-in bedliners market. Major players profiled in the report include Homestead Products Inc., Industrial Polymers Corporation, Line-X Corp., Penda Corporation, Rhino Linings Corporation, STK Llc, Ultimate Linings Ltd, Rugged Liner Inc., and International Liner Co.
The report titled "Truck Bedliners: A North American Market Report" announced by Global Industry Analysts, Inc., provides a review of market trends, competitive scenario, and recent industry activity. The study analyzes market data and analytics in terms of value and volume sales across two segments - Spray-On Bedliners and Drop-In Bedliners.
For more details about this comprehensive market research report, please visit -http://www.strategyr.com/Truck_Bedliners_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 800 people worldwide and publishes more than 1100 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
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