Automotive Upholstery Market Material: Leather, Flocked Fabrics, Polyester & NyPosted by Manik on March 9th, 2020 Automotive Upholstery Market: SummaryThe Global Automotive Upholstery Market is estimated to reach USD 7.5 Billion by 2027 at a CAGR of 5.6 %, observes forencis research (FSR). In automotive, upholstery refers to the covering of the trims and seats of the interiors of the vehicle. It is used to enhance the interior look of the car and provide comfort to the passengers by using the right materials such as leather, flocked fabrics, polyester & nylon, wool, vinyl, and others. It includes covers for all the interior parts such as carpet, seat covers, floor mats, headliners, trims and others. Submarine Power Cables Automotive Upholstery Market: Drivers & Restraints Market Drivers: Increasing Inclination Towards Luxury and Comfort The main motive of using upholstery in automotive is to provide comfort and a pleasant ambiance of the vehicles’ interiors. Premium cars and mid-level cars use different automotive upholstery material making their vehicles more attractive and comfortable. Based on vehicles model and preference towards upholstery styles, different seat covers are used. Thus, increasing inclination towards luxury and comfort is expected to drive the automotive upholstery market during the forecast period. High Demand for Automotive Interior Comfortable and impressive interior design is an important factor for customers to make purchasing decisions of any vehicle. Vehicle interior designs are more complex than exterior design due to features such as safety systems, tactile responses, and cost considerations. Automotive manufacturers are engaged in developing innovative technologies that would provide versatile interior designs. Also, a higher preference for durable materials such as real leather that provide a stylish look with a longer life span is projected to boost the demand for automotive interior. Thus, the growing automotive interior is expected to drive the demand for the automotive upholstery market. Market Restraints: Fluctuating Raw Material Prices Price fluctuations of oil, uncertain shortage, and supply tightness have significant impacts on manufacturers of raw materials such as thermoplastic polymers, synthetic leather, plastics, among others. Lack of constant supply of raw materials results in increasing raw material prices which, escalates the overall product price. Thus, fluctuating raw material prices is a restraining factor for global market growth during the forecast period. Automotive Upholstery Market: Key Segments
Key Companies Covered
Flooring Market: Report Segmentation For the scope of report, In-depth segmentation is offered by Forencis Research Automotive Upholstery Market: Report Segmentation For the scope of the report, In-depth segmentation is offered by Forencis Research Automotive Upholstery Market, by Material
Automotive Upholstery Market, by Fabric Type
Automotive Upholstery Market, by Application
Automotive Upholstery Market, by Sales Channel
Automotive Upholstery Market, by Vehicle Type
Automotive Upholstery Market, by Region Asia-Pacific
North America
Europe
Middle East and Africa
South America
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