Automotive Upholstery Market by Material (leather, synthetic leather, hand woven material, cotton, resin, vinyl), Type of Fabric (woven, knit, hand crafted) Application (carpet flooring, side lining, seat cover, trunk space, visor linings, roof lining), Vehicle type (passenger car and commercial vehicle), and Region- Forecast 2023
— As per the analysis by Market Research Future Reports (MRFR), the global Automotive Upholstery Market is estimated to grow at a CAGR of 9% during the review period from 2017 to 2023.
The forefront players of the global automotive upholstery market are Haartz Corporation (U.S.), Adient PLC (U.S), Lear Corporation (U.S.), Toyota Boshoku (Japan), Faurecia (France), Katzkin (U.S.), Johnson Controls International Plc (Ireland), Grammer AG (Germany), Borgers Se & Co. KGaA (Germany), Acme Mills Company (U.S.), Grupo Antolin (Spain), and Seiren Co. (Japan).
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The rise in vehicle demand is the major factor leading to the global Automotive Upholstery Market 2020. The other important factors resulting in the expansion of the market are larger proximity of raw material suppliers in the area, growing preference and requirement of customers due to the increasing knowledge about the interior components of an automobile, and the cutthroat competition prevailing among the firms. Moreover, people’s rising preference for luxury has caused the market to propel considerably. People have a rising inclination towards a comfortable and aesthetically appealing market, which aids in expanding the market. The most significant factor in making a decision is the pricing point of the overall system and the fitment cost involved. The unstable price of the raw material brings an impact on the overall market and affects the demand, precisely in a cost-sensitive market. Besides, the outbreak of coronavirus has also hampered the market. Several regions are facing the repercussion of the pandemic since several countries have announced a nationwide lockdown. We will provide COVID-19 impact analysis with the report.
The global Automotive Upholstery Market is segregated on the basis of the type of fabric, application, material, vehicle type, and region.
On the basis of the type of fabric, the global Automotive Upholstery Market can be classified into
On the basis of application, the global Automotive Upholstery Market can be classified into carpet flooring, roof lining, sidelining, trunk space, seat cover, and visor linings.
On the basis of material, the global Automotive Upholstery Market can be classified into synthetic leather, leather, handwoven material, resin, cotton, and vinyl.
On the basis of vehicle type, the global Automotive Upholstery Market can be classified into passenger cars and commercial vehicles.
On the basis of region, the global Automotive Upholstery Market can be classified into North America, Asia Pacific, Europe, and the Rest of the World.
The geographical analysis of North America, Asia Pacific, Europe, and the Rest of the World has been conducted. As per the analysis, the North American region tends to dominate the market. People in North America use large SUVs that drive the market in the region. The trend of possessing a large vehicle like SUV has propelled the market. The preference for owning an SUV is increasing the usage of the automotive upholstery market. Apart from North America, Europeans are famous for preferring luxurious vehicles with flashy components. Hence, the demand for upholstery has been on a rising trajectory in Europe. Talking about the Asia-Pacific region, India and China are the hubs for the upholstery market. India and China play a major role since they are the fastest developing economies in the world.
Moreover, Japan is the worldwide automobile superpower for decades and shows a firm grip for high-end upholstery. The Asian market is on an upward trajectory. Besides, people have a greater preference for technologically developed vehicles.
However, the outbreak of COVID-19 has hampered the market. Several regions have been affected due to it.
Scope of Report
The report for Global Automotive Upholstery Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economic and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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Table Of Contents
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.2 Research Objective
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
List Of Tables
Table 1 Global Automotive Upholstery Market: By Region, 2017-2023
Table 2 North America Automotive Upholstery Market: By Country, 2017-2023
Table 3 Europe Automotive Upholstery Market: By Country, 2017-2023
Table 4 Asia Pacific Automotive Upholstery Market: By Country, 2017-2023
Table 5 RoW Automotive Upholstery Market: By Country, 2017-2023
Table 6 Global Automotive Upholstery Market, By Application, By Regions, 2017-2023
Table 7 North America Automotive Upholstery Market, By Application, By Country, 2017-2023
Table 8 Europe Automotive Upholstery Market, By Application, By Country, 2017-2023
List Of Figures
FIGURE 1 Research Process Of MRFR
FIGURE 2 Top Down & Bottom Up Approach
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 5 Impact Analysis: Market Restraints
FIGURE 6 Porter’s Five Forces Analysis
FIGURE 7 Value Chain Analysis
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