Automotive Upholstery Market, By Material Type (Fabric, Leather, Vinyl, and Others), By Vehicle Type (Passenger Cars, Commercial Vehicles, and Electric Vehicles), By Distribution Channel (OEMs and Aftermarket), By Geography (North America, Latin America,

Automotive Upholstery Market, By Material Type (Fabric, Leather, Vinyl, and Others), By Vehicle Type (Passenger Cars, Commercial Vehicles, and Electric Vehicles), By Distribution Channel (OEMs and Aftermarket), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

The global automotive upholstery market has been gaining significant traction over the recent years. Automotive upholstery refers to the fabric or synthetic material that covers seats, door panels, headliners and other soft trim surfaces inside a vehicle. Over the years, vehicle interiors have evolved significantly beyond mere functionality to add superior comfort, aesthetics and value to the overall customer experience. Vehicle manufacturers are emphasizing on high quality, durable and design-centric upholstery materials to meet rising consumer demand for premium and luxurious cabin atmosphere. Furthermore, relentless innovation in textiles and manufacturing technologies have facilitated the production of varied upholstery alternatives with versatile performance characteristics. The increasing demand for passenger vehicles across emerged and emerging economies along with extensive developments in automobile interiors are projected to propel growth of the global automotive upholstery market during the forecast period.

Market Dynamics:

The global automotive upholstery market is driven by surging vehicle production and sales worldwide. Rapid urbanization, growing living standards and evolving consumer preferences have significantly boosted the automotive industry in recent decades. According to OICA, more than 90 million vehicles were manufactured globally in 2020 despite the economic slowdown induced by the COVID-19 pandemic. Continuous focus of automobile manufacturers on cabin comfort, style and aesthetic appeal also acts as a key growth determinant for upholstery demand. However, high raw material prices owing to volatility in crude oil markets and supply chain disruptions posed by the pandemic pose challenges to market players. Growing popularity of sustainable and eco-friendly upholstery materials present new opportunities for manufacturers. In addition, light commercial vehicles and luxury bus segments have been displaying rising uptake of superior upholstery solutions.

Key features of the study:

This report provides in-depth analysis of the global automotive upholstery market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global automotive upholstery market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Adient PLC, BASF SE, Faurecia SE, Freudenberg Group, Grupo Antolin Irausa, S.A., Lear Corporation, MarvelVinyls, Sage Automotive Interiors, SEIREN Co., Ltd., Seating Incorporateds, Suminoe Textile Co., Ltd., The Acme Group, Toyota Boshoku Corporation, Yanfeng Automotive Interiors, and Zhejiang Feihao Automobile Decoration Co., Ltd.

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global automotive upholstery market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Detailed Segmentation-

By Material Type Insights (Revenue, USD Bn, 2019 - 2031)

Fabric

Leather

Vinyl

Others

By Vehicle Type Insights (Revenue, USD Bn, 2019 - 2031)

Passenger Cars

Commercial Vehicles

Electric Vehicles (EVs)

By Distribution Channel Insights (Revenue, USD Bn, 2019 - 2031)

OEMs (Original Equipment Manufacturers)

Aftermarket

Regional Insights (Revenue, USD Bn, 2019 - 2031)

North America

U.S.

Canada

Latin America

Brazil

Argentina

Mexico

Rest of Latin America

Europe

Germany

U.K.

Spain

France

Italy

Russia

Rest of Europe

Asia Pacific

China

India

Japan

Australia

South Korea

ASEAN

Rest of Asia Pacific

Middle East

GCC Countries

Israel

Rest of Middle East

Africa

South Africa

North Africa

Central Africa

Key Players Insights

Adient PLC

BASF SE

Faurecia SE

Freudenberg Group

Grupo Antolin Irausa, S.A.

Lear Corporation

MarvelVinyls

Sage Automotive Interiors

SEIREN Co., Ltd.

Seating Incorporateds

Suminoe Textile Co., Ltd.

The Acme Group

Toyota Boshoku Corporation

Yanfeng Automotive Interiors

Zhejiang Feihao Automobile Decoration Co., Ltd.