Global Automotive Upholstery Market size
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The global automotive upholstery market size was valued at USD 4.39 billion in 2016 and is expected to reach USD 7.74 billion by 2025 at a CAGR of 6.59% during the forecast period 2017-2025.
Key Drivers
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Increased Automobile Production
The global rise in automobile production is a primary driver, as more vehicles require upholstery.
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Demand for Premium and Luxury Vehicles
Consumers are increasingly seeking vehicles with high-quality upholstery materials like leather, further boosting the market.
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Emphasis on Comfort and Luxury
The desire for a comfortable and luxurious driving experience is fueling demand for premium upholstery.
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Advanced Technologies
The integration of advanced technologies in vehicles, including seat functions like heating, ventilation, and memory settings, is also driving demand for upholstery materials.
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Lightweight Materials
The use of lightweight materials in upholstery is gaining traction to improve fuel efficiency and vehicle performance.
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Customization and Aesthetically Pleasing Interiors
Consumers are increasingly seeking customized and visually appealing interior designs, which contributes to the demand for upholstery materials.
Market Growth and Trends
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Regional Variations
Asia-Pacific is a dominant market for vehicle production and seat demand, while North America and Europe see a higher adoption of mid- and luxury-car categories with advanced seat features.
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Shift Towards Eco-Friendly Alternatives
Environmental concerns are driving a shift towards synthetic leathers and other eco-friendly alternatives in some regions.
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Competition
Major companies like Adient, Lear Corporation, and Toyota Boshoku are actively innovating and expanding their global presence.
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Future Trends
The market is expected to continue growing, driven by factors like the rise of electric vehicles, increasing safety regulations, and advancements in autonomous driving technologies.
Key Companies in the Automotive Upholstery Market Include
- Textron
- TStech
- Mitsubishi Chemical
- Toyota Boshoku
- Faurecia
- Groupe PSA
- Tandus Centiva
- Lear Corporation
- BASF
- Hermann GmbH
- Continental AG
- Seiren
- Nitchi
Objective of the Study
- To analyse and forecast the market size of automotive upholstery market, in terms of value and volume.
- To classify and forecast global automotive upholstery market based on vehicle type, fabric type, integrated technology, application and regional distribution.
- To identify drivers and challenges for global automotive upholstery market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global automotive upholstery market.
- To conduct the pricing analysis for automotive upholstery market.
- To identify and analyse the profile of leading players involved in the manufacturing of global automotive upholstery market.
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Market Insights Research performed both primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of manufacturers across the globe. Subsequently, Market Insights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market Insights Research could include the suppliers which could not be identified due to the limitations of secondary research. Market Insights Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturers across the globe.
Key Target Audience
- Automotive Upholstery manufacturers
- Automobile OEM’s
- Automotive upholstery raw material suppliers
- End Users
- Traders, Distributors, and Suppliers
- Industry associations and experts
- Research organizations and consulting companies.
- Research Institutes
- Industry associations
- Market research and consulting firm.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
|
Attribute |
Details |
|
Base Year |
2022 |
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Historical Years |
2018 – 2021 |
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Estimated Year |
2023 |
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Forecast Period |
2024 – 2028 |
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Quantitative Units |
Revenue in USD Million, Volume in Units, and CAGR for 2018-2022 and 2023-2028 |
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Report Coverage |
Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
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Segments Covered |
· Vehicle Type · Fabric Type · Integrated Technology · Application |
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Regional Scope |
North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa |
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Country Scope |
United States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Egypt |
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Key Companies Profiled |
Adient PLC, Toyota Boshoku Corporation, Lear Corporation, Haartz Corporation, Martur Automotive Seating Systems, Seiren Co.Ltd, CMI enterprises, Katzkin Leather, Faurecia S.A, Borgers Se & Co |
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Customization Scope |
10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. Explore purchase options |
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Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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