Automotive Upholstery Market Analysis, Share, Trends, Growth, Key Players, Outlook, Report, Forecast 2023-2028
According to the latest report by IMARC Group, titled “Automotive Upholstery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the global automotive upholstery market analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.
Market Overview 2022-2027
IMARC Group has recently released a new research study “Automotive Upholstery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
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The global Automotive Upholstery Market size reached US$ 6.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 9.4 Billion by 2028, exhibiting a growth rate (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.
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What is a Automotive Upholstery Market ?
Automotive upholstery refers to the process of recovering a seat, reupholstering, and trimming the interior of vehicles. It includes the use of various materials such as nylon, leather, microsuede, vinyl, faux leather, Ultrasuede, and polyvinyl chloride (PVC). It is used to repair carpets, center consoles, door insides, roof covers, trunk space, and floor and seat coverings.
It also helps to make the seat durable, provide a better aesthetic, save money, prevent tears and rips, maintain car value, offer comfort, reduce odor, repair damages, and offer resistance to moisture, chemicals, stain, and abrasion. As a result, automotive upholstery is gaining immense traction for repairing heavy commercial vehicles (HCV), passenger cars, and light commercial vehicles (LCVs) across the globe.
What are the major market drivers in the Automotive Upholstery Market ?
The market is primarily driven by the growing awareness about the benefits offered by automotive upholstery, such as enhanced driving posture and improved driving experience. In addition, rapid urbanization, the rising disposable incomes of the masses, and the increasing customization demand for commercial and personal vehicles are contributing to market growth.
Moreover, the widespread adoption of luxury vehicles with improved features, premium upholstery, better safety arrangements, and comfortable interiors is also contributing to the market growth. Besides this, with various innovations and technological advancements in the automotive industry, market players are expanding their product portfolio, representing another major growth-inducing factor. Furthermore, the shifting consumer preference for non-woven fabrics, as they are reliable, economical, and require less maintenance, is also providing a positive thrust to the global market growth.
Global Automotive Upholstery Market 2023-2028 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
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.
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
Regional Insights:
- Asia Pacific
- North America
- Europe
- Middle East and Africa
- Latin America
On the geographical front, Asia Pacific enjoys the leading position in the market. This can be attributed to the rising establishment of international companies in the region, on account of low manufacturing costs and cheap labor.
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