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Automotive Upholstery Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: November 2023 || SKU: AUTR2424
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180 pages
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Global Automotive Upholstery Market is segmented By Application (Auto floor mats, Automotive carpeting, Automotive seating, Seat covers and belts, Air Bags, Others), By Material Type (Nylon Car Upholstery, Nylon Car Upholstery, Vinyl Upholstery, Faux Leather Upholstery, Leather Upholstery, Others), By Distribution Channel (OEM, After Market), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030

 

Automotive Upholstery Market Overview

The Global Automotive Upholstery Market is expected to grow at a high CAGR of 8.74% during the forecasting period (2023-2030). 

Automotive upholstery is the craft covering of interior of the vehicle with designed materials. The materials used as upholstery for decorating the vehicles with the help of leather, suede, fabric, synthetics, cloth, leather, etc. The automotive upholstery provides the highest level of reliability and fail-safe operation in the vehicle. Upholstery f0r automobile vehicles can be selected as per the requirement and available in different colors with higher UV resistance preferable for daily use vehicles

Automotive Upholstery Market Summary

Metrics

Details

Market CAGR

8.74%

Segments Covered

By Application, By Material Type, By Distribution Channel, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

North America

Largest Market Share 

Asia Pacific

 

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Automotive Upholstery Market Dynamics and Trends

The market is driven by the rising demand for comfortable driving of vehicles with a surge in automotive sales around the globe. Automotive upholstery plays a vital role in providing safe, reliable, and comfortable driving without any disturbance. According to the International Organization of Motor Vehicle Manufacturers, commercial vehicles including buses, light vehicles heavy trucks, and coaches were sold around 26 971331 units in 2018 and increased to 27016764 in 2019.

There is a rise in the launch of new fabrics, leather with the highest comfort and easy to assemble design for the automotive upholstery may create a huge opportunity for this market. For instance, in October 2018, Classic Brand had launched Decoro Brand’s First fabric upholstery collection with a 16-piece fabric upholstery collection. These were made available in different designs including a variety of traditional, mid-century modern, and contemporary styles for millennial consumers.

Automotive Upholstery Market Segmentation Analysis

The global automotive upholstery market is segmented based on product type, voltage capacity, application, end-user, and region.

In terms of product type, the global automotive upholstery market is bifurcated into seats, roof liners, dashboard door trim, and others. Among these seats, the segment has the highest share owing to an increase in the demand for heavy trucks, light commercial vehicles, and passenger vehicles. According to the International Organization of Motor Vehicle Manufacturers in 2019, passenger vehicle has been registered around sale 64341693 number of units.

Similarly, the roof liners and dashboard door trim segment is also growing at a faster pace due to an increase in adoption in automotive vehicles. These roof liners and dashboard door trim are used in heavy and commercial vehicles for stylish living and comfortable driving.

In terms of material type, the global automotive upholstery market is segmented into vinyl, leather, and others. Among these, the leather segment has the highest market share in 2019 owing to its characteristics like it provides warmth in winter and cool in summer.

Similarly, vinyl material is also growing at a faster pace due to its versatile properties like can be produced in almost any color ranging from opaque to crystal-clear.

Automotive Upholstery Market Geographical Share

By region, the global automotive upholstery market is segmented into North America, South America, Europe, Asia-Pacific, Middle-East, and Africa. Among all of the regions, The Asia-Pacific region is dominated by the Automotive upholstery market growth due to the growing demand for automotive vehicles with the presence of automobile manufacturing facility especially in countries such as China, India, and Japan. According to the International Organization of Motor Vehicle Manufacturers in 2019, Asia Pacific is the leading manufacturer for automotive vehicles with a share of around 40% in 2019. The organization also stated that in 2019, Asia Pacific has been registered sales of around 8043351 units of passenger vehicles which propel the growth of the automotive upholstery market. Furthermore, the increasing government initiatives and raising the global investment for providing manufacturing facilities of automotive vehicles in this region shall boost the demand for automotive upholstery over the forecasted period. Several companies are shifting their manufacturing facilities of gearbox companies to Asia Pacific, Middle-East, and Africa regions due to the availability of low-cost labor. The drastic market growth is expected to witness in countries such as China, India, and the UAE due to the rapid economic growth because of the rising in the adoption of industrialization in these countries.

North America is expected to grow at a faster pace the global automotive upholstery market and expected to grow at the highest CAGR during the forecasted period due to the presence of leading automotive manufacturer with a surge in industrialization followed by the Europe region

Automotive Upholstery Market Companies and Competitive Landscape

The global automotive upholstery market is highly competitive with the presence of several international and local markets. Product diversification, revenue generation, and opportunities intensify the market competition. Seiren Co. Ltd, Designtex and Celliant, Acme Mills Company, Faurecia, Toyota Boshoku, Asahi Kasei, Lear Corporation, Sandler, CMI Enterprises. Martur Automotive Seating Systems, Haartz Grammer AG, is the leading market player with a significant market share.

Major players are receiving launching fabrics materials with advanced upholstery for the automobile industry. For instance, on 13th March 2020, Designtex and Celliant have been launched an Upholstery fabrics range made up of naturally occurring, thermo-reactive minerals with nonwoven backing to four fabrics available in fifty colors.

Companies are entering into collaborations, acquisitions, mergers, and licensing for increasing their market penetration. For instance, on 15th March 2020, Adient a leading automotive upholstery fabric maker has been acquired by sell  Asahi Kasei as in 2018 Asahi Kasei has been acquired for business in synthetic suede and leather of the car seats.

Why Purchase the Report?

  • Visualize the composition of the global Automotive upholstery market products in terms of ingredient type, and application highlighting the critical commercial assets and players.
  • Identify commercial opportunities in the global Automotive upholstery market by analyzing trends and co-development deals.
  • Excel data sheet with thousands of data points of global Automotive upholstery market-level 4/5 segmentation.
  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.

**The global Automotive upholstery market report will provide access to approximately 53 market data tables, 44 figures, and 178 pages

Target Audience

  • Industry Investors/Investment Bankers
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  • Education & Research Institutes
  • Manufacturers
  • Research Professionals
  • Emerging Companies
  • Distributors
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FAQ’s

  • Automotive Upholstery Market is expected to grow at a CAGR of 8.74% during the forecasting period 2023-2030.

  • Major players are Seiren Co. Ltd, Designtex and Celliant, Acme Mills Company, Faurecia, Toyota Boshoku, Asahi Kasei, Lear Corporation, Sandler, CMI Enterprises. Martur Automotive Seating Systems, Haartz Grammer AG.

  • North America is the fastest growing market share during the forecast period.

  • Asia Pacific is the Largest Market Share in Automotive Upholstery Market.
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