PUBLISHER: Polaris Market Research | PRODUCT CODE: 1478655
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1478655
The global automotive upholstery market size is expected to reach USD 9.99 billion by 2032, according to a new study by Polaris Market Research. The report "Automotive Upholstery Market Share, Size, Trends, Industry Analysis Report, By Product Type (Car Seats, Car Door Panel, Car Roof and Others); By Materials; By Fabric Type; By Vehicle Type; By Sales Channel; And Region; Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The fabrics, textiles, and covers used to provide comfort, style, and security to the interiors of cars, trucks, and motorcycles are referred to as "automotive upholstery." It involves deciding on, creating, and putting in place materials for the inside surfaces of an automobile, including the carpets, door panels, headliners, seats, and other interior fixtures. One of the most crucial components is the upholstery on the seats.
The creation of environmentally safe and sustainable car coverings is a chance for the market to expand its share. When compared to commonly used fibers, plant-based woven textiles provide 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 fabrics 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, creating seat coverings made of elastic material will allow them to adjust to the passengers' bodies, improving comfort.
The industry is expanding as a result of the growing demand for vehicles with personalized interiors. Since lighter cars use less fuel, the industry is expanding due to the growing popularity of lightweight automobile upholstery materials. The fact that luxury vehicles and mid-range consumers choose leather upholstery for their cars is also expected to boost market expansion. Car sales are rising, particularly those of passenger vehicles, which will propel the market for automotive upholstery to expand.
The growing global population is fueling the need for both private and public vehicles. This is driving market expansion by increasing sales of luxury cars with better features, premium upholstery, comfortable interiors, and increased safety features. It is also contributing to the growing urbanization and rising levels of disposable income.
In 2023, The Car seats segment held the largest revenue share. Car seats are a critical component of the vehicle interior, and consumers prioritize comfort and aesthetics when choosing automobiles. The Upholstery of car seats plays a crucial role in enhancing the overall interior design and comfort, driving high demand for quality upholstery materials.
The passenger segment accounted for the highest market share during the forecast period due to higher production volume compared to commercial vehicles. The sheer number of passenger vehicles being manufactured and sold contributes to the larger market share of the passenger segment.
In 2023, the Asia Pacific dominated the largest market share due to the growing population and rising need for passenger vehicles has increased the market share of automotive Upholstery.
North American region is expected to witness the fastest growing market for automotive Upholstery due to increasing industrialization across the globe, and public transport demands globally.
The global key market players include Lear Corporation, Grammer AG, Grupo Antolin Irausa, S.A., Sage Automotive Interiors, Seiren Co., Ltd, Toyota Boshoku Corporation, Acme Mills Company, CMI Enterprises, Haartz Corporation, Eagle Ottawa LLC, Katzkin, IMS Nonwoven, Naugahyde, and more.
Polaris Market Research has segmented the automotive upholstery market report based on product type, materials, fabric type, vehicle type, sales channel, and region: