IMARC Group has recently released a new research study “Automotive Upholstery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
What are the growth prospects of the Automotive Upholstery Industry ?
The global Automotive Upholstery Market size reached US$ 6.35 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 8.9 Billion by 2027, exhibiting a growth rate (CAGR) of 5.60% during 2022-2027.
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.
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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.
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.
|Automotive Upholstery Market Report Scope|
|Market size value in 2021||US$ 6.35 Billion|
|Market forecast in 2027||US$ 8.9 Billion|
|Growth Rate||CAGR of 5.60% from 2022 to 2027|
|Base year for estimation||2021|
|Report coverage||Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, And Trends|
|Segments covered||Upholstery Materials, Fabric Type, Vehicle Type, Sales Channel And Application.|
|Regional scope||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Key companies profiled||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.|
|Market Dynamics||Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,|
|Customization purview||If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.|
Breakup by Upholstery Materials:
- Automotive Textiles
- Smart Fabrics
- Synthetic Leather
- Thermoplastic Polymers
Breakup by Fabric Type:
Breakup by Vehicle Type:
- Passenger Cars
- Commercial Vehicles
Breakup by Sales Channel:
Breakup by Application:
- Roof Liners
- Seat Covers
- Sun Visors
- Trunk Liners
- 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 (2016-2021)
Market Outlook (2023- 2028)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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