Aircraft Soft Goods Market Top Key Players are F-list, Aero Floor, Aero Foams, Aircraft Interior Products, Aircraft Interior Solutions, Botany Weaving Mill Ltd., E-Leather Ltd., Fellfab, Mohawk Group

North America aircraft soft goods market has a major share and is projected to cross USD 300 million till 2024 with the presence of well-established airplane manufacturers including Boeing and Bombardier.

Asia Pacific will witness significant gains with growth in the commercial aerospace sector and increase in overhaul activities in worn-out airplanes. Europe industry share will foresee a substantial growth owing to the increase in passenger traffic.

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Commercial aircraft soft goods market share accounts for over 85% of total revenue owing to continuously increasing air passenger traffic. In 2018, air passengers traffic registered an increase of 6% and rose to 4.3 billion from 4.1 billion in 2017. Government bodies including International Air Transport Association (IATA) addresses passenger safety, thereby boosting industry growth. Regional jets will witness robust growth owing to proliferating number of flights and acceptance of light weighted materials.

Nylon blend fabric aircraft soft goods market share will account for over 70% by 2024 owing to superior material properties including insulation, water & wrinkle resistance, and higher durability. Nylon fabrics are blended with materials such as polyester to enhance passenger comfort and elasticity cover.

Leather materials have significant share with puncture and tear resistance; however, low wear and cost will help synthetic leather material to grow at faster pace. Polyester aircraft soft goods market will foresee healthy growth owing to chemical resistance and high durability.

OEM market will register 3% during the forecast period owing to its installation during airplane fabrication. Long term collaborations with manufacturers such as Bombardier, Boeing, and Airbus to ensure continuous product supply will escalate industry revenue from 2018 to 2024. Aftermarket aircraft soft goods market segment will register strong growth with replacement of damaged goods and airplane refurbishment activities.

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Seat cover will witness around 3.5% CAGR till 2024 owing to increasing trends toward upgrading seat and support covers in commercial airplanes. In addition, proliferating demand for admirable cabin interiors in executive class installed with superior carpets will support aircraft soft good market size over the forecast timeframe. Carpets have a substantial share owing to the availability of enhanced cabin space and rising airplane fabrication to meet the backlog. Curtains will foresee a considerable growth with the utilization for cabin separation in commercial airplanes and business jets.

Increasing number of air passengers leading to growth in international and domestic fleet have enhanced upholstery product usage such as carpets, seat covers, and curtains. The global airplane delivery increased from 1,714 in 2016 to 1,740 in 2017 to cover the production backlog. This continuous production will fuel aircraft soft goods market during the forecast period.

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Aerospace industry is focusing on improving its production capacity owing to high aero plane backlogs. In 2017, the production increased from 1,714 to 1,740 compared to 2016. Airplane manufacturers have backlog of around 17,000 airplanes requiring over 9 years to suffice the demand. Rising airplane production will boost aircraft soft goods market share till 2024. Rising disposable income has increased air passengers resulting in augmentation of domestic and international fleet, thereby accelerating demand for seat covers, carpets, and curtains.

Seat cover will register robust growth during forecast timeline with increasing passengers, upgradation of seat, and armrest covers in airplanes. Requirement in executive cabins in conjunction with discretionary spending for retrofit will spur aircraft soft goods market. Curtains are at nascent stage and will witness substantial growth with cabin separation application in commercial, regional airplanes, and business airliners.

Aircraft soft goods market players include Aero Floor, Anker Company, Aero Foams Tapis Corporation, Aircraft Interior Products, Spectra Interiors, Aircraft Interior Sol, RAMM Aerospace, Botany Weaving Mills, Mohawk Group, Desso, Lantal Textile, Fellfab, InTech Aerospace, E-Leather, and F-list. Industry players are enhancing product landscape to increase their share. For instance, in 2018, Lantal introduced TEC leather having superior thermal property.

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