Press release
Aircraft Soft Goods Market 2024 Global Key Players are Anker Company, Tapis Corporation, Spectra Interior Products, RAMM Aerospace, Mohawk Group, Lantal Textile AG, InTech Aerospace.
Aircraft Soft Goods Market
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Commercial aircrafts will contribute over 85% of the overall revenue share in 2017. The growth can be credited to the expansion of overall aerospace industry and rising comfort level demand from passengers. Regional jets segment will witness a healthy CAGR of over 6.5% from 2018 to 2024 owing to increasing regional flight frequency and utilization of lightweight upholstery products in these airplanes.
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.
Aircraft Soft Goods Market by Aircraft
• Commercial Aircraft
• Regional Jet
• Business Jet
• Helicopter
Aircraft Soft Goods Market by Product
• Carpets
• Seat Covers
• Curtains
• Others (Seat Fabric, Flooring)
Aircraft Soft Goods Market by Material
• Wool/Nylon Blend Fabric
• Natural Leather
• Synthetic Leather
• Others (Polyester Fabric
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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.
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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Refurbishment of old airplanes with focus on upgrading business and economy class cabins ensuring the safety of passengers and improving cabin interiors, will enhance the product demand. Adoption of new materials including blended fabric and replacement of leather with synthetic products offering improved surface texture and reduced cost and weight will boost aircraft soft goods market from 2018 to 2024.
Major players of aircraft soft goods market include Anker Company, Tapis Corporation, Spectra Interior Products, RAMM Aerospace, Mohawk Group, Lantal Textile AG, InTech Aerospace, Hong Kong Aircraft Engg. Ltd. (HAECO), F-list, Fellfab, E-Leather, Desso Group, Botany Weaving Mills, Aircraft Interior Sol., Aircraft Interior Products, Aero Foams, and Aero Floor. Companies are increasing their product landscape to boost aircraft soft goods market share. For instance, in March 2018, Lantal Textile AG launched TEC leather with excellent thermal property and unique level of cleanability.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Email: sales@gminsights.com
Web: www.gminsights.com
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