Automotive Upholstery Market 2018 Size, Trends, Share, Growth Factors, Upcoming Opportunity, Key Company, And Regional Forecast To 2023

“\”\”Automotive Upholstery Market\”\””
Automotive Upholstery Market is growing at 9% compound annual growth rate by the forecast period of 2018 to 2023. Automotive Upholstery Market Research Report- Forecast 2023 is latest research report on Global Automotive Upholstery Market published by “Market Research Future”.

Automotive Upholstery Industry is Analyzed by Material (leather, synthetic leather, hand woven material, cotton, resin, vinyl), Type of Fabric (woven, knit, hand crafted) Application (carpet flooring, side lining, seat cover, trunk space, visor linings, roof lining), Vehicle type (passenger car and commercial vehicle), and Region.

Automotive Upholstery Market Key Company Analyzed In Report Are:

Lear Corporation (U.S.), Adient PLC (U.S), Toyota Boshoku (Japan), and Faurecia (France), Johnson Controls International Plc (Ireland), Katzkin (U.S.), Grammer AG (Germany), Acme Mills Company (U.S.), Borgers Se & Co. KGaA (Germany), Grupo Antolin (Spain), Haartz Corporation (U.S.), and Seiren Co. (Japan).

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Automotive Upholstery Global Market Highlights:

Global Automotive Upholstery Market analyzed by Material (leather, synthetic leather, hand woven material, cotton, resin, vinyl), Type of Fabric (woven, knit, hand crafted) Application (carpet flooring, side lining, seat cover, trunk space, visor linings, roof lining), Vehicle type (passenger car and commercial vehicle), and Region.

The automotive upholstery market has seen a steady rise in ranks of consumer preference over the years. It started out as a mere functional requirement for passengers to be seated in automobiles and provide them with barely needed amenities. With the rise of the global automotive industry, the upholstery market as well saw a gradual but considerable change. The advent of industrialization the world over made sure consumers had the surplus cash for availing amenities over and above the essentials.

The era of the 1970s saw a big spurt in high-performance automobiles thanks to the immense popularity of Formula 1 racing. The global demand for high-performance automobiles manufactured by market bigwigs like Audi, BMW, and Mercedes, made sure the competition was intense. Naturally, every competitor tried differentiating themselves from the other by providing better and efficient features contributing to overall ride comfort. A key element in this was the upholstery, which suddenly opened almost an entire industry in alliance to the automotive industry. The biggest revolution came in this regard when in the 1990s when the U.S. government decided to cut down on their military spending.

Therefore, manufacturers and suppliers of the U.S. military services were left high and dry as their production lines and spaces were left nonfunctional. This made these suppliers focus more on the automotive industry; upholstery. Seats with better cushions, military grade strength metal with a high power to weight ratio were produced. Provision of special features like seat cooling and heating system, hydraulic seat adjustment, electronically controlled seats became the order of the day. This revolution in the car seat manufacturing technology led to further aesthetical developments. Entire dashboard design, carpet flooring, roof, car boot space now can be customized.

The color scheme of car interiors is now meticulously planned to suit the overall set up. Companies like Rolls Royce provide complete customization option with regards to automotive upholstery – starting from color selection, fabric selection, the color of threads required for stitching, the texture of the fabric. All in all the market has a bright future and numerous creative prospects ahead.

Automotive Upholstery Regional Market Analysis:

Based on region, the market is segmented based on North America, Asia Pacific, Europe, and Rest of the World. The market in the U.S. in specific has huge potential in the upholstery segment primarily because the people in the U.S. have a unique taste and style of customizing their cars according to their requirement. Asia Pacific region houses two of the biggest emerging economies in the world – China and India. Both these countries are emerging automotive hubs, where the demand for luxury vehicles is increasing at a steady pace. Increasing vehicle production coupled with adding demand of the luxury segment will drive the automotive upholstery forward. In the European market, the penchant of consumers towards luxury brands is well known, but due to the weak economy, demand from the European countries would be less compared to the Asian countries.

Automotive Upholstery Market By Segmentation:

The automotive upholstery market is segmented into material used, application, type of fabric, vehicle type, and region.

Based on the application, the market is segmented into carpet flooring, side lining, seat cover, trunk space, visor linings, and roof lining. Segmentation based on the type of fabric involves woven, knit and hand-crafted varieties.

Segmentation based on the material used involves using leather, synthetic leather, hand woven material, cotton, resin, and vinyl.

Based on the vehicle type, the market is segmented into passenger cars and commercial vehicles. The most sought-after and customizable option availed by the consumers would be the different varieties in the seat cover. Hand stitched or handwoven varieties are generally sought after in the high-priced car segment. Standard synthetic varieties are more prominent in the entry-level car market where the key is to provide consumers with economical options.

List of Tables:

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

Continued…

List of Figures:

FIGURE 1 Research Process Of MRFR

FIGURE 2 Top Down & Bottom Up Approach

FIGURE 3 Market Dynamics

FIGURE 4 Impact Analysis: Market Drivers

FIGURE 5 Impact Analysis: Market Restraints

FIGURE 6 Porter’s Five Forces Analysis

FIGURE 7 Value Chain Analysis

Continued…

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