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Global automotive upholstery market the market is expected to grow at a CAGR of 8.92% during the forecast period (2017-2022), key players are Faurecia, Johnson Controls, Katzkin, and Toyota Boshoku

02-11-2019 08:23 PM CET | Logistics & Transport

Press release from: Kenneth Research

Global automotive upholstery market the market is expected

Everyone desires for luxury, at homes, in offices or in cars. Automotive Upholstery market means the work of providing furniture, especially seats, with padding, springs, webbing, and fabric or leather covers. Quality interior has been given the more importance in the upcoming new car models and the interiors have been comprehensively upgraded. Therefore, upholstery plays a vital role in automation industry.

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Market Dynamics

The market is expected to grow at a CAGR of 8.92% during 2017-2022 and touch USD 45 billion by the year 2020. Leather upholstery, vinyl upholstery, and handcrafted fiber upholstery will see the highest rates of growth during the forecast period.

Market Segmentation

The market has been segmented by upholstery type (leather, cotton, hand stitched fiber, vinyl, others) and geography (North America, South America, Europe, Middle East & Africa and Asia-Pacific).

Regional/Geographic Analysis the Asia-Pacific region (China, Japan, and India) is currently the largest market for automotive upholstery and is expected to lead the growth. Africa has seen a growing trend in disposable incomes and improvement in infrastructure which will result in people buying more number of cars and vehicles. Africa is expected to emerge as a good market post-2022. Nigeria is expected to emerge as one of the key markets in the region post-2022.

Opportunities

The market is set to grow because of the greater customization trends and rising levels of disposable incomes in the Asia-Pacific region, which is the largest market for automotive upholstery. The average cost of vehicles is increasing gradually in the Asia-Pacific region and this will boost the market for the Original Equipment Manufacturers.

Key Players

Faurecia
Johnson Controls
Katzkin
Toyota Boshoku

Report Contents Regional Analysis Report Highlights

Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market - Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players

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North America
US and Canada

Latin America
Mexico, Brazil, Argentina and Rest of Latin America

Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe

Eastern Europe
Russia
Poland
Rest of Eastern Europe

Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific

Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage

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About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

Contact Us

Name: David
Email: sales@kennethresearch.com
Phone: +1 313 462 0609

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