Automotive Upholstery Market to Witness Astonishing Growth by 2025
The report “Automotive Upholstery Market by Application (Carpets, Dashboards, Roof Liners, Seat Covers, Sun Visors & Trunk Liners), Upholstery Materials, Fabric Type (Non-woven & Woven), Integrated Technology, Vehicle Type, and Region – Global Forecast to 2025″, The automotive upholstery market in 2017, is estimated to be USD 4.65 Billion in 2017 and is projected to grow at a CAGR of 6.59% during the forecast period, to reach a market size of USD 7.74 Billion by 2025. The market is driven by factors such as increasing vehicle production, growing demand for advanced technologies and customized automotive interiors adoption and increasing demand for light weight automotive materials.
“Automotive seat covers to be the largest segment of the
automotive upholstery market, by application”
Automotive seat covers are the largest segment of the
automotive upholstery market, by application because automotive seats consume the
maximum upholstery material. Each automotive seat cover consumes up to 2 meters
of upholstery material. Luxury and premium vehicle manufacturers offer leather
seat covers as a standard fit on some models and as optional fit for other
variants. Mid-segment cars often offer synthetic leather seat covers. Most
entry-level cars come with standard seat covers that are a combination of
polyester and nylon. With the advent of autonomous driving and innovation in
automotive interiors, the demand for seat covers will increase. Autonomous
vehicles are anticipated to have more spacious interiors with flexible seating.
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“Synthetic leather to be the largest segment of the
automotive upholstery market, by upholstery materials”
Synthetic leather is largely used instead of genuine leather
owing to its cost-effectiveness and comparatively more environment friendly
dying and treating process. Synthetic leather is either polyurethane (PU) based
or poly-vinyl chloride based (PVC). This upholstery material is stain resistant
and easy to clean, making it an ideal automotive upholstery material. Due to
its synthetic material, this leather type can be manufactured in a vast array
of colors and textures. Synthetic leather is largely used in automotive seat
cars and the demand for it is anticipated to grow with growing vehicle
production and rising consumption of seat covers.
“Asia Oceania to be the largest regional market for
automotive upholstery market”
Asia Oceania comprises China, India, Japan, South Korea, and
Others. China is a hub for vehicle production and sales. The country also has a
large presence of automotive upholstery raw material suppliers. The demand for
automotive upholstery is directly linked to the demand and production of
vehicles in this region. Since, China has a large base of suppliers, it
dominates the global market for key raw materials such as nylon, polypropylene,
and polyester. Japan and India are also witnessing a growing consumer demand
for automotive upholstery.
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Key Market Players:
The automotive upholstery market is dominated by a few
global application suppliers and comprises several regional players. Some of
the key players operating in the market are Lear Corporation (US), Adient PLC
(Ireland), Toyota Boshoku (Japan), and Faurecia S.A. (France).
Target Audience
- Automotive
interior manufacturers and component suppliers
- Automotive
interior upholstery manufacturers
- Automotive
upholstery raw material suppliers
- Automotive
OEMs
- Industry
associations and other driver assistance systems manufacturers
- The
automobile industry and related end-user industries
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