Automotive Upholstery Market 2018 Global Industry Forecast To 2023 Research Repo

Posted by Abhijeet Bendre on October 8th, 2018

The “Automotive Upholstery Market Research Report - Forecast to 2023” is latest report published by MarketResearchFuture”, provides Automotive Upholstery Market Analysis 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.

The report gives a clear picture of the current market scenario, which includes the historical and forecasted market size, in terms of value and volume, technological advancement, macroeconomic, and governing factors of the market. The report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.

The factors that are responsible for the growth of the automotive upholstery market are increased vehicle demand in the market with large available variety, increased customer requirement due to awareness about automobile interiors, greater proximity of raw material suppliers in the vicinity, breakneck competition between competing automotive firms, influence from popular media, and an increase in the number of affluent buyers. While the automotive upholstery is more or less customizable, the biggest factor in the decision making is the pricing point of the overall system and the fitment cost involved. The fluctuating cost of raw materials directly affects the overall production cost of the upholstery production. This, in turn, affects the demand for the upholstery, especially in a price sensitive market. The global automotive upholstery market is expected to grow at a CAGR of ~9% during the forecast period 2017-2023.

On the basis of region, the market is segmented based on North America, Asia Pacific, Europe, and Rest of the World. The market in the U.S. in specific has huge potential in the upholstery segment primarily because the people in the U.S. have a unique taste and style of customizing their cars according to their requirement. Asia Pacific region houses two of the biggest emerging economies in the world – China and India. Both these countries are emerging automotive hubs, where the demand for luxury vehicles is increasing at a steady pace. Increasing vehicle production coupled with adding demand of the luxury segment will drive the automotive upholstery forward. In the European market, the penchant of consumers towards luxury brands is well known, but due to the weak economy, demand from the European countries would be less compared to the Asian countries.

Table of Contents:

1 Introduction

1.1 Definition

1.2 Scope Of Study

1.3 Research Objective

1.4 Assumptions & Limitations

1.5 Market Structure:

2 Rsearch Propulsionology

2.1 Research Process

2.2 Primary Research

2.3 Secondary Research

3 Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

3.5 Macroeconomic Indicators

4 Market Factor Analysis

4.1 Porter's Five Forces Model

Continued...

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

Continued...

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