Car Tailgate Market Size & Share Analysis - Growth Trends & Forecast 2024 - 2031

Estellaem merich
4 min readJun 8, 2024

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The "Car Tailgate Market" prioritizes cost control and efficiency enhancement. Additionally, the reports cover both the demand and supply sides of the market. The Car Tailgate market is anticipated to grow at an annual rate of 7.2% from 2024 to 2031.

This entire report is of 125 pages.

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Car Tailgate Market Analysis

Car Tailgate is a component of a vehicle that serves as the door at the rear of the vehicle. The global Car Tailgate market is growing rapidly due to factors such as increasing vehicle production, rising demand for SUVs and trucks, and the adoption of advanced technologies in automotive components. Major players in the market include Tong Yang, Hyundai Mobis, Plastic Omnium, HuaYu Automotive, and Seoyon E-Hwa. Market analysis reveals that companies like Benteler, Magna, and YanFeng are also key players driving revenue growth. The report recommends companies to focus on product innovation and strategic partnerships to stay competitive in the market.

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The global car tailgate market is segmented by type into plastic tailgate and metal tailgate, catering to passenger vehicle and commercial vehicle applications. With increasing demand for lightweight vehicles, plastic tailgates are gaining popularity. Metal tailgates are preferred for their durability and strength in commercial vehicle applications. Regulatory and legal factors specific to the market include emission regulations, safety standards, and fuel efficiency requirements. Manufacturers are focusing on innovations to comply with these regulations while meeting consumer demands for efficient and safe tailgate solutions. Overall, the car tailgate market is expected to witness significant growth due to advancing technology and increasing vehicle production.

Top Featured Companies Dominating the Global Car Tailgate Market

The global car tailgate market is highly competitive, with several key players dominating the industry. Some of the major companies operating in the market include Tong Yang, Hyundai Mobis, Plastic Omnium, HuaYu Automotive, Seoyon E-Hwa, Jiangnan MPT, Ecoplastic, SMP, Zhejiang Yuanchi, Benteler, Magna, and YanFeng.

These companies offer a range of car tailgate solutions to meet the needs of various vehicle manufacturers. They provide innovative designs, high-quality materials, and advanced technologies to ensure durability, safety, and functionality of the tailgates.

Tong Yang, Hyundai Mobis, Plastic Omnium, and other companies leverage their expertise in automotive manufacturing to develop tailored tailgate solutions for different vehicle models. They collaborate with automakers to customize designs and ensure seamless integration of the tailgates into the vehicles.

These companies play a crucial role in driving the growth of the car tailgate market by constantly innovating, investing in research and development, and expanding their product offerings. They focus on enhancing product quality, performance, and efficiency to meet the evolving needs of the automotive industry.

In terms of sales revenue, some of the above-listed companies have reported impressive financial performances. For example, Magna International, one of the largest suppliers of automotive components, reported sales revenue of approximately $32 billion in 2020. Hyundai Mobis, a leading automotive supplier in South Korea, generated sales revenue of around $30 billion in the same year.

Overall, these companies are instrumental in shaping the car tailgate market by driving technological advancements, offering customized solutions, and fostering innovation in the automotive sector. Their contributions are crucial to the growth and success of the market.

Tong YangHyundai MobisPlastic OmniumHuaYu AutomotiveSeoyon E-HwaJiangnan MPTEcoplasticSMPZhejiang YuanchiBentelerMagnaYanFeng

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Car Tailgate Segment Analysis

Car Tailgate Market, by Application:

Passenger VehicleCommercial Vehicle

The car tailgate is used in both passenger vehicles and commercial vehicles for the purposes of loading and unloading goods or luggage. In passenger vehicles, the tailgate is used to access the trunk space for storing luggage or groceries. In commercial vehicles, it is used for loading and unloading merchandise or equipment. The fastest growing application segment in terms of revenue is commercial vehicles, as the demand for transportation services continues to rise globally. With the increase in e-commerce and logistics activities, commercial vehicles equipped with tailgates are in high demand for efficient cargo handling.

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Car Tailgate Market, by Type:

Plastic TailgateMetal Tailgate

Car tailgates can be made from plastic or metal. Plastic tailgates are lighter, more affordable, and provide better fuel efficiency. Metal tailgates, on the other hand, offer greater durability and security. The availability of both these types caters to different consumer needs, thus boosting the demand in the car tailgate market. Plastic tailgates are sought after for their cost-effectiveness, while metal tailgates are preferred for their longevity and toughness. This variety in materials attracts a wider range of customers, leading to increased sales and growth in the car tailgate market.

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Regional Analysis:

North America: United States Canada Europe: Germany France U.K. Italy Russia Asia-Pacific: China Japan South Korea India Australia China Taiwan Indonesia Thailand Malaysia Latin America: Mexico Brazil Argentina Korea Colombia Middle East & Africa: Turkey Saudi Arabia UAE Korea

The car tailgate market is experiencing significant growth in various regions around the world. In North America, the United States and Canada are leading in market growth. In Europe, Germany, France, the U.K., Italy, and Russia are witnessing increasing demand. In the Asia-Pacific region, countries like China, Japan, South Korea, India, Australia, Indonesia, Thailand, and Malaysia are driving market growth. Latin America, including Mexico, Brazil, Argentina, and Colombia, is also showing promising growth. In the Middle East & Africa, Turkey, Saudi Arabia, UAE, and Korea are expected to dominate the market. The expected market share percent valuation in these regions is North America (30%), Europe (25%), Asia-Pacific (20%), Latin America (15%), and Middle East & Africa (10%).

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