Train Seat Market Share, Size, Trends, Industry Analysis Report, By Train Type (Regional/Intercity, High Speed, Metro, Light, and Others); By Product; By Railcar Type; By Region; Segment Forecast, 2023 – 2032
The global train seat market size is expected to reach USD 3.39 billion by 2032, according to a new study by Polaris Market Research. The report “Train Seat Market Share, Size, Trends, Industry Analysis Report, By Train Type (Regional/Intercity, High Speed, Metro, Light, and Others); By Product; By Railcar Type; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The continuously ongoing public and private investments towards the development and modernization of railway infrastructure with the aim to strengthen the supply chain and make transit quick and convenient, coupled with the rising proliferation of introducing new product lines based on customer needs, are prominent factors driving the market growth. Additionally, the increasing focus on luxury and premium seating options for high-end train travel and the number of manufacturers developing luxurious seats with additional amenities, space, and enhanced comfort for premium passengers are likely to create lucrative growth opportunities for the market.
For instance, in February 2023, Indian Railways unveiled the first reclining seats into the Tejas Trains, which will be an additional facility with several modern amenities such as automatic sliding doors, automatic smoke and heat detection with alarm, ergonomic seats, GPS, and onboard infotainment.
With the growing emphasis on reducing carbon footprints and promoting eco-friendly transportation across the world in the last few years, the demand and preference for rail travel have drastically increased and led to a higher need for more sustainable transportation options like trains. Thereby, to meet the continuously rising number of passengers opting for trains, the need for seats that provide ergonomic designs, ample legroom, charging points, entertainment systems, and other features is also rising significantly.
Furthermore, there has been a rapidly emerging trend in the market towards offering customizable and personalized train seat options that could include seat material, color, amenities, and other features, which allows manufacturers to meet the diverse preferences of passengers and rail operators along with the growing focus on major train operators on developing high-end and luxury train seat providing premium travel experiences, thereby creating huge growth potential in the market.
Train Seat Market Report Highlights
The casual wear segment accounted for the largest market share in 2022, owing to its higher comfort and versatility and easy acceptance around the world
The male segment is expected to hold a considerable market share over the study period, which is mainly driven by a large portion of the male population suffering from obesity
The E-commerce websites segment is projected to grow at the highest growth rate, due to the emergence of different online platforms and rising internet penetration
North American region dominated the market with the largest share in 2022 on account of the region’s high spending capacity and continuously rising prevalence of body positivity
The global key market players include Lauren Corporation, Lucky Brands LLC, Capri Holding Limited, H&M Hennes & Mauritz AB, and PUMA SE
Polaris Market Research has segmented the train seat market report based on train type, product, railcar type, and region:
Train Seat, Train Type Outlook (Revenue - USD Billion, 2023 - 2032)
Regional/Intercity
High Speed
Metro
Light
Others
Train Seat, Product Outlook (Revenue - USD Billion, 2023 - 2032)
Non-Recliner
Luxury/Premium
Recliner
Subway Seats
Sleeper/Couchette
Others
Train Seat, Railcar Type Outlook (Revenue - USD Billion, 2023 - 2032)
Overland
Subway
Long
Distance
Others
Train Seat, Regional Outlook (Revenue - USD Billion, 2023 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa