According to the latest report by IMARC Group, titled “Global Automotive Upholstery Market Growth , Size, industry Trends, Share, Opportunity and Forecast 2023-2028″ reached a value of US$ 6.7 Billion in 2022. Looking forward, expects the market to reach a value of US$ 9.4 Billion by 2028 exhibiting a CAGR of 5.37% during 2023-2028.
Covid-19 Impact:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
What is a Automotive Upholstery Market ?
Automotive upholstery refers to recovering the seats and trimming the interior of vehicles. It includes trunk space, carpets, a center console, seat covers, roof covers, and door insides. Automotive upholstery is made using leather, vinyl, polyvinyl chloride (PVC), faux leather, and nylon, which makes the seat durable and moisture, chemical, stain, and abrasion resistant. It prevents the inevitable growing dirt and protects against pet dander, pollen, and dust that cause allergies and breathing problems.
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Automotive upholstery enhances the aesthetic appeal of vehicles, improves the driving posture, protects the back and spine of the passengers, and offers an improved experience. The fabrics used in making upholstery provide insulation and keep cars cool in the summer. As a result, automotive upholstery finds widespread applications in commercial and passenger vehicles across the global.
What are the major market drivers in the Automotive Upholstery Market ?
The escalating sales of luxury vehicles with enhanced features, comfortable interiors, and adequate safety arrangements, owing to the rising urbanization and the inflating disposable income levels of individuals, are among the primary factors driving the automotive upholstery market.Besides this, the shifting consumer preference for non-woven fabrics that require less maintenance and are more reliable and economical and the elevating demand for lightweight materials are further augmenting the market growth.
Moreover, the increasing awareness among individuals toward the benefits offered by upholsteries, such as customization, easy maintenance, durability, and protection from environmental factors, is also catalyzing the global market. Apart from this, several innovations and technological advancements in the automobile sector are encouraging the leading players to expand their product portfolio, which are anticipated to propel the automotive upholstery market over the forecasted period.
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Breakup by Upholstery Materials:
- Automotive Textiles
- Leather
- Plastics
- Smart Fabrics
- Synthetic Leather
- Thermoplastic Polymers
Breakup by Fabric Type:
- Non-woven
- Woven
Breakup by Vehicle Type:
- Passenger Cars
- Commercial Vehicles
Breakup by Sales Channel:
- OEM
- Aftermarket
Breakup by Application:
- Carpets
- Dashboards
- Roof Liners
- Seat Covers
- Sun Visors
- Trunk Liners
By Geography:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
List of Major Key Players:
The major players in the market Acme Mills Company, Adient PLC, Borgers Se & Co. KGaA, Grupo Antolin Irausa S.A., Katzkin Leather Inc., Lear Corporation, Martur Automotive Seating Systems, MarvelVinyls, Morbern, Sage Automotive Interiors, Seiren Co. Ltd, The Haartz Corporation and Toyota Boshoku Corporation.
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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