Market Share of Automotive Fascia Industry
The automotive fascia market is highly competitive and fragmented, with various international players operating across the globe. Some of the major players in the automotive fascia market include Magna International, Flex-N-Gate Corporation, Eakas Corporation, MRC Manufacturing, Gestamp Automocion, Plastic Omnium, Inhance Technologies, Samvardhana Motherson, and Aisin Corporation, among others. These players compete based on product quality, pricing, materials used, innovative design, and weightage of the product, among others.
Various players are actively ramping up their investing activities to develop products with sustainable materials and engage in multiple partnerships, mergers, acquisitions, and collaborations to expand their business reach.
In February 2023, Maruti Suzuki announced the launch of a new sedan model, Tour S, which is based on a facelifted Dzire. The new model witnessed a revised front fascia along with LED tail lamps.
Automotive Fascia Market Leaders
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Magna International
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Flex-N-Gate Corporation
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Eakas Corporation
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MRC Manufacturing
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Gestamp Automocion
*Disclaimer: Major Players sorted in no particular order