The automotive upholstery market is expected to register a CAGR of 5.1% during 2023–2031. The evolution of advanced technologies and the introduction of high-end vehicles is likely to remain a key trend in the market.
Automotive Upholstery Market Analysis
- The growth of the automotive upholstery market is driven by factors such as increased vehicle production, consumer demand for comfort, and customized automotive interiors.
- Additionally, the growing adoption of autonomous vehicles in developed nations is anticipated to have a positive effect on the automotive upholstery market.
- Furthermore, it is expected the enormous spending power of end users in developing nations will create a huge demand for automobiles, which will ultimately fuel the automotive upholstery market's growth.
- Moreover, the government's strict laws and regulations aimed at reducing emissions, along with the fluctuating prices of raw materials, will impede the global automotive upholstery market's expansion.
Automotive Upholstery Market Overview
- Automotive upholstery refers to the materials, fabrics, and coverings used to provide style, comfort, and security to the interiors of cars, trucks, and motorcycles. For the interior surfaces of a car, such as the carpets, door panels, headliners, seats, and other interior elements, it involves selecting, creating, and installing the appropriate materials.
- One of the most crucial elements is the seat upholstery. The selection of materials for the padding, seat coverings, and occasionally extra features such as heating or ventilation components is involved.
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Automotive Upholstery Market: Strategic Insights
Automotive Upholstery Market
-
Market Size 2023
US$ XX Million
-
Market Size 2031
US$ XX Million
Market Dynamics
GROWTH DRIVERS
- Increasing Automobile Production to Favor the Market
FUTURE TRENDS
- Growing Development in the Automotive Industry
OPPORTUNITIES
- Development of Sustainable and Eco-friendly Coverings
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Integrated Technology
- Conventional Seats
- Smart Seats
- Ventilated Seats
Vehicle Type
- Light Duty Vehicle
- Heavy Duty Vehicle
- Get Top Key Market Trends of this report.This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Customize This Report To Suit Your Requirement
You will get customization on any report - free of charge - including parts of this report, or country-level analysis, Excel Data pack, as well as avail great offers and discounts for start-ups & universities
Automotive Upholstery Market: Strategic Insights
-
Market Size 2023
US$ XX Million -
Market Size 2031
US$ XX Million
Market Dynamics
- Increasing Automobile Production to Favor the Market
- Growing Development in the Automotive Industry
- Development of Sustainable and Eco-friendly Coverings
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
- Conventional Seats
- Smart Seats
- Ventilated Seats
- Light Duty Vehicle
- Heavy Duty Vehicle
- Get Top Key Market Trends of this report.This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Automotive Upholstery Market Drivers and Opportunities
Increasing Automobile Production to Favor the Market
- Global population growth and increasing disposable income are driving up demand for automobiles, which is prompting major manufacturers to increase automobile production.
- To ensure a successful and comprehensive interior design process, the production of new vehicles necessitates the use of appropriate automotive upholstery materials. Therefore, the market for automotive upholstery is growing proportionately due to the increasing demand for vehicles around the world, which is being driven by growth in GDP and the economies of several regions that have raised people's disposable incomes.
- Whereas EVs are more environmentally friendly and sustainable than internal combustion engine (ICE) vehicles, governments around the world are adopting EVs at a rapid pace, which is fueling the growth of the automotive upholstery market.
- Special automotive upholstery components designed to meet the unique needs of EVs and AVs are expected to drive this growth.
Development of Sustainable and Eco-friendly Coverings
- Urbanization, rising disposable income in developing markets, and technological advancements and performance are driving a significant shift in the automotive industry's growth.
- The creation of environmentally friendly and sustainable automobile coverings provides an opportunity for the market to expand its revenue. As compared to traditionally used fibers, plant-based woven textiles offer many more advantages, as demonstrated by advancements in automotive coating materials.
- The market's revenue growth is anticipated to rise due to advancements in lighter materials that require significantly less stitching.
- Moreover, lighter covering materials will result in higher fuel efficiency. The need for the product would rise even more if materials that are warmer in the winter and colder in the summer were produced because of the drastic temperature swings.
- Additionally, preparing seat coverings made of stretchy material will allow them to improve comfort.
- Furthermore, the growing demand for ventilated and smart seats in high-end vehicles is also boosting the demand for automotive upholstery.
Automotive Upholstery Market Report Segmentation Analysis
Key segments that contributed to the derivation of the automotive upholstery market analysis are integrated technology and vehicle type.
- Based on integrated technology, the automotive upholstery market is divided into conventional seats, smart seats, and ventilated seats.
- Based on vehicle type, the automotive upholstery market is divided into light-duty vehicles and heavy-duty vehicles.
Automotive Upholstery Market Share Analysis by Geography
- The automotive upholstery market report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America.
- Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering automotive upholstery market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level.
- Also, the report covers PEST analysis, which involves the study of major factors that influence the automotive upholstery market in these regions.
Automotive Upholstery Market Market Report Scope
Report Attribute
Details
Market size in 2023
US$ XX Million
Market Size by 2031
US$ XX Million
Global CAGR (2023 - 2031)
5.1%
Historical Data
2021-2022
Forecast period
2024-2031
Segments Covered
By Integrated Technology - Conventional Seats
- Smart Seats
- Ventilated Seats
By Vehicle Type - Light Duty Vehicle
- Heavy Duty Vehicle
Regions and Countries Covered
North America - US
- Canada
- Mexico
Europe - UK
- Germany
- France
- Russia
- Italy
- Rest of Europe
Asia-Pacific - China
- India
- Japan
- Australia
- Rest of Asia-Pacific
South and Central America - Brazil
- Argentina
- Rest of South and Central America
Middle East and Africa - South Africa
- Saudi Arabia
- UAE
- Rest of Middle East and Africa
Market leaders and key company profiles
Acme Mills Company Adient PLC FORVIA The Haartz Corporation Lear Corporation MARTUR FOMPAK International Sage Automotive Interiors Seiren Co., Ltd. Toyota Boshoku Corporation
Report Attribute | Details |
---|---|
Market size in 2023 | US$ XX Million |
Market Size by 2031 | US$ XX Million |
Global CAGR (2023 - 2031) | 5.1% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Integrated Technology
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Automotive Upholstery Market News and Recent Developments
The automotive upholstery market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the automotive upholstery market are listed below:
- BASF introduces a new Ultramid® Deep Gloss grade, optimized for highly glossy automotive interior parts, and applied for the first time to the garnish of Toyota‘s new Prius. The mold-in-color technology used to produce the new grade is more sustainable, as it improves the production efficiency of automotive parts since the solvent painting process is eliminated. Instead, pre-colored plastic resins are converted into molded parts directly and into the chosen color and finish. (Source: BASF, Press Release, March 2023)
- Lear Corporation, a global automotive technology leader in Seating and E-Systems, today announced the company’s premium and fully recyclable ReNewKnit sueded material will launch in seating and door panel applications with a global automaker in 2024. ReNewKnit is a Lear exclusive, first-to-market automotive textile that is fully recyclable at its end of life. Manufactured solely with recycled materials at Lear facilities using 100% renewable electricity, ReNewKnit™ further strengthens the company’s sustainable solutions technology portfolio while supporting our carbon reduction goals. (Source: Lear Corporation, Press Release, October 2022).
Automotive Upholstery Market Report Coverage and Deliverables
The “Automotive Upholstery Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Automotive upholstery market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Automotive upholstery market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Automotive upholstery market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the automotive upholstery market
- Detailed company profiles
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The global automotive upholstery market is expected to grow at a CAGR of 5.1% during the forecast period 2023 - 2031.
The rapid technological advancement in the automotive sector is one of the major factors driving the automotive upholstery market.
An increase in sales of high-end vehicles is anticipated to play a significant role in the global automotive upholstery market in the coming years.
The leading players operating in the automotive upholstery market are Acme Mills Company, Adient PLC, FORVIA, The Haartz Corporation, Lear Corporation, MARTUR FOMPAK International, Sage Automotive Interiors, Seiren Co., Ltd., and Toyota Boshoku Corporation.
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The List of Companies
1. Acme Mills Company
2. Adient PLC
3. Borgers SE
4. Faurecia S.A.
5. The Haartz Corporation
6. Lear Corporation
7. MARTUR FOMPAK International
8. Sage Automotive Interiors
9. Seiren Co., Ltd.
10. Toyota Boshoku Corporation