Automotive Upholstery Market Set to Surge to $12.2 Billion by 2032, Driven by Innovation and Rising Consumer Demand
Automotive Upholstery Market
Automotive upholstery is primarily defined as the materials and fabrics used to cover the interior of vehicles, such as cars, trucks, and vans.
WILMINGTON, NEW CASTLE, DE, UNITED STATES, January 13, 2025 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, โAutomotive Upholstery Market," The automotive upholstery market size was valued at $6.3 billion in 2022, and is estimated to reach $12.2 billion by 2032, growing at a CAGR of 7.2% from 2023 to 2032.
๐ฐ ๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ - https://www.alliedmarketresearch.com/request-sample/A214848
Automotive upholstery is the process of covering and cushioning the interior of a vehicle, including seats, door panels, and headliners. It often includes reupholstering, restoring seats, and trimming the interior. These materials serve both functional and aesthetic purposes, providing the comfort, protection, and overall appearance of the vehicle's interior. Further, this upholstery process requires the mastery of explicit knowledge and skills, including specialized machinery and materials, particularly in late-model vehicles. In addition, selecting a suitable material for vehicle seating is of paramount importance to improve comfort level. Material of high grade is also likely to deliver optimal durability and ease of upkeep. Thus, automobile producers are taking a keen interest in using advanced upholstery to provide both functional benefits and visual appeal to passengers and drivers.
Growing production and sales of automobiles across developed and developing economies, along with the rising popularity of lightweight upholstery materials for automobiles drive the market growth across the globe. In addition, the implementation of stringent emission norms by regulatory authorities and government bodies is anticipated to strengthen the demand potential for the automotive upholstery market share. However, the high cost of raw materials, coupled with the stringent regulations and standards for environmental safety is expected to hamper the automotive upholstery market growth. However, technological advancements and innovations in bio-degradable materials, along with the surge in preference for synthetic leather are anticipated to provide numerous opportunities for the expansion of the automotive upholstery market analysis during the forecast period.
๐๐ก๐ ๐ฉ๐จ๐ฅ๐ฒ๐๐ฌ๐ญ๐๐ซ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐ฆ๐๐ข๐ง๐ญ๐๐ข๐ง ๐ข๐ญ๐ฌ ๐ฅ๐๐๐๐๐ซ๐ฌ๐ก๐ข๐ฉ ๐ฌ๐ญ๐๐ญ๐ฎ๐ฌ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐
Based on material type, the polyester segment held the highest market share in 2022 and is estimated to maintain its leadership status throughout the forecast period 2023 to 2032, owing to its durability and strength benefits, along with the rising focus towards sustainability and reducing carbon footprint. However, the other segment is witnessing significant growth, as there is growing traction in specialty materials, along with the increasing innovations in synthetic leathers opening up new opportunities for the growth of this segment during the forecast period.
๐ฐ ๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ญ๐จ ๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ - https://www.alliedmarketresearch.com/purchase-enquiry/A214848
๐๐ก๐ ๐ฌ๐๐๐ญ ๐๐จ๐ฏ๐๐ซ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐ฆ๐๐ข๐ง๐ญ๐๐ข๐ง ๐ข๐ญ๐ฌ ๐ฅ๐๐๐๐๐ซ๐ฌ๐ก๐ข๐ฉ ๐ฌ๐ญ๐๐ญ๐ฎ๐ฌ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐
Based on application, the seat cover segment held the highest market share in 2022 and is estimated to maintain its leadership status throughout the forecast period 2023 to 2032, owing to the surging demand for comfortable seats and seat covers, along with the rising demand for eco-friendly and sustainable upholstery materials. However, the dashboard segment is witnessing significant growth, due to the need for aesthetic vehicle interiors opening up new opportunities for the growth of this segment during the forecast period.
๐๐ก๐ ๐๐๐ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐ฆ๐๐ข๐ง๐ญ๐๐ข๐ง ๐ข๐ญ๐ฌ ๐ฅ๐๐๐๐๐ซ๐ฌ๐ก๐ข๐ฉ ๐ฌ๐ญ๐๐ญ๐ฎ๐ฌ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐
Based on sales channel, the OEM segment held the highest market share in 2022, and a CAGR of 7.0% during the forecast period 2023 to 2032, as OEMs work closely with automakers to develop customized upholstery solutions tailored to specific vehicle models and customer preferences. However, the aftermarket segment is witnessing the highest growth rate with a CAGR of 7.5%, owing to the rising vehicle and ownership trends that may deteriorate or require replacement, driving demand for aftermarket upholstery products and services.
๐๐ก๐ ๐ฉ๐๐ฌ๐ฌ๐๐ง๐ ๐๐ซ ๐๐๐ซ๐ฌ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐ฆ๐๐ข๐ง๐ญ๐๐ข๐ง ๐ข๐ญ๐ฌ ๐ฅ๐๐๐๐๐ซ๐ฌ๐ก๐ข๐ฉ ๐ฌ๐ญ๐๐ญ๐ฎ๐ฌ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐
Based on vehicle type, the passenger car segment held the highest market share in 2022 and is estimated to maintain its leadership status throughout the forecast period 2023 to 2032, owing to the rise in production of passenger cars especially in emerging economies, such as China and India, along with the changing consumer preferences and lifestyle trends for vehicle upholstery. However, the commercial vehicle segment is witnessing a CAGR of 8.0%, owing to growing competition among automotive brands and dealerships which can lead to innovation in upholstery to meet specific functional requirements beyond aesthetics and comfort.
๐๐ฌ๐ข๐-๐๐๐๐ข๐๐ข๐ ๐ญ๐จ ๐ฆ๐๐ข๐ง๐ญ๐๐ข๐ง ๐ข๐ญ๐ฌ ๐๐จ๐ฆ๐ข๐ง๐๐ง๐๐ ๐๐ฒ ๐๐๐๐
Based on region, the Asia-Pacific segment held the highest market share in 2022, growing at a CAGR of 7.5%, owing to the increase in the level of automotive production in countries, such as China, Japan, and India, along with the growing preference for comfort and aesthetics in the region. However, the Middle East & Africa is expected to garner a significant CAGR throughout the forecast period 2022-2032, owing to the technological advancements in upholstery material technology, along with the cultural preferences and traditions that influence the choice of upholstery materials and designs in the MEA region.
๐ฐ ๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.alliedmarketresearch.com/automotive-upholstery-market/purchase-options
๐๐๐๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ: -
Adient Plc
BASF SE
FORVIA Faurecia
Freudenberg Group
Grupo Antolin Irausa S.A.
MarvelVinyls
Sage Automotive Interiors
SEIREN Co., Ltd.
The Acme Group
Toyota Boshoku Corporation
The report provides a detailed analysis of these key players in the automotive upholstery market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
๐๐๐จ๐ฎ๐ญ ๐ฎ๐ฌ :
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
David Correa
Allied Market Research
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