Automotive interior leather is designed to provide comfort and to improve the visual appeal of the interior of the vehicle. It also leaves the vehicle with a remarkable appearance and feel. It is used widely for automotive interiors across the globe, especially in midrange and premium passenger vehicles. Growing spending capacity and rapid developments in automobile manufacturing, are pushing the market towards growth. The interior of a vehicle that adds to the aesthetic appeal of a vehicle, is also a major factor that influences consumer buying decision.
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The global automotive interior leather market was valued at around USD 26,000 million in 2015 and is expected to cross USD 32,000 Million by 2023 at CAGR of 5.1 %.
The Key Players Of Global Automotive Interior Leather Market Include:
Johnson Controls Inc (U.S.), Toyota Boshoku Corporation (Japan), Lear Corporation (U.S.), Toyoda Gosei Co., Ltd. (Japan), and Faurecia S.A. (France), Gst Autoleather, Inc.(U.S.), DK Leather Corporation Berhad (Malaysia), BASF SE (Germany), Alea Leather Specialist Inc / Sunguard Group (U.S.) and Grammer AG (Germany)
According to MRFR, the global automotive interior leather market has been segmented based on material type, vehicle type, application type, and region,
Segmentation by material, the market consists of synthetic leather, genuine leather and more.
Segmentation by vehicle type, the market has segmentation by passenger vehicle and commercial vehicle as well.
Segmentation by application includes upholstery, seats, dashboards, cocktails, and others.
Region-wise, Asia-Pacific is expected to remain the largest region owing to growing automotive sector endlessly, owing to the occurrence of manufacturers in the developing nations such as China and India. Also, increasing the necessity of owning a car, and the improving living standard, are some of the factors that help in the market growth. Moreover, rapid economic growth and rising population are driving the demand for automotive interior materials in countries such as India.
Whereas, in North America, the U.S. has been showing steady growth and is one of the dominant automotive interior materials markets in the world.
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LIST OF TABLES
TABLE 1 GLOBAL AUTOMOTIVE INTERIOR LEATHER MARKET, BY MATERIAL
TABLE 2 GLOBAL AUTOMOTIVE INTERIOR LEATHER MARKET, BY VEHICLE TYPE
TABLE 3 GLOBAL AUTOMOTIVE INTERIOR LEATHER MARKET, BY APPLICATION
TABLE 4 GLOBAL AUTOMOTIVE INTERIOR LEATHER MARKET, BY REGIONS
TABLE 5 NORTH AMERICA AUTOMOTIVE INTERIOR LEATHER MARKET, BY MATERIAL
LIST OF FIGURES
FIGURE 1 RESEARCH METHODOLOGY
FIGURE 2 GLOBAL AUTOMOTIVE INTERIOR LEATHER MARKET: BY MATERIAL
FIGURE 3 GLOBAL AUTOMOTIVE INTERIOR LEATHER MARKET: BY VEHICLE TYPE
FIGURE 4 GLOBAL AUTOMOTIVE INTERIOR LEATHER MARKET: BY APPLICATION
FIGURE 5 GLOBAL AUTOMOTIVE INTERIOR LEATHER MARKET: BY REGION
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