Automotive Upholstery Market – Analysis with Ongoing Trends & Market Revenue
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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