Press release
Automotive Interior Leather Market is estimated to be valued at ~US$ 29.9 Bn in 2021
The COVID-19 pandemic crisis has severely affected the global economic growth, resulting in disruptions in the supply chain networks. Subsequently it has affected the market leading to sluggish growth in 2020. However, the market is expected to recover as economic activities resumes post the containment of pandemic.
Request a Sample of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-1561
According to FMI, sales within the passenger cars segment will recover after taking a massive hit amid COVID-19 in 2020. Despite this, temporary period of lull passengers will account for a little below 70% of leather sold for automotive interior in 2021.
The research examines prevailing demand and supply trends within the automotive interior leather. It presents a comprehensive overview based on in-depth research. Some of the key findings of the report are discussed below:
Key Takeaways of Global Automotive Interior Leather Market Study
Automotive interior leather market is expected to expand at a CAGR of ~4.1% during the forecast period of 2021-2031
The U.S. will account for over 84% of automotive interior leather sold in North America
The U.K. is expected to register above 4% Y-o-Y growth in 2021 after witnessing significant drop in sales in 2020
Germany and France will exhibit positive growth after registering negative sales amid COVID-19
Within East Asia, China will remain the dominant market, trailed by Japan and South Korea
“Manufacturers are focusing on product innovation and besides offering improved sustainability. In the coming years they are likely to gain from the rising demand for passenger cars. Also, consumers’ preference for the sustainable products and better comfort are the key factors enabling growth in the market. Overall the expansion of the automotive industry will continue creating lucrative opportunities for the market,” said an FMI analyst.
We Offer tailor-made Solutions to fit Your Requirements, Request Customization@ https://www.futuremarketinsights.com/customization-available/rep-gb-1561
Some of the key players in the market are Lear Corporation, Seiren Co., Ltd, GST AutoLeather Inc, BOXMARK Leather GmbH & Co KG, Bader GmbH & Co. KG, Katzkin Leather,Inc. , Leather Resource of America, WOLLSDORF LEDER SCHMIDT & Co. Ges.m.b.H. , DK Leather Corporation, Scottish Leather Group Limited. These players have comparatively higher market presence in the global market, and have longstanding relationships with a number of leading end users, giving them an upper hand among their peers.
Global Automotive Interior Leather Market by Category
Material Type
Genuine Leather
Synthetic Leather
PU Leather
PVC
Vehicle Type
Passenger Cars
Compact
Mid-Sized
Sedan
Luxury
Van
Light Commercial Vehicles
Heavy Commercial Vehicles
Application
Upholstery
Dashboard
Seat belts
Air-bags
Floor & trunk carpets
Headliners
Others
Sales Channel
OEM
Aftermarket
Direct Purchase of this Report@ https://www.futuremarketinsights.com/checkout/1561
Region
North America
Latin America
Europe
East Asia
South Asia & Pacific
Middle East and Africa (MEA)
Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Interior Leather Market is estimated to be valued at ~US$ 29.9 Bn in 2021 here
News-ID: 2484187 • Views: …
More Releases from Future Market Insights
Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Milli …
The lithium-ion battery separator is a critical component in lithium-ion batteries, responsible for preventing short circuits and ensuring safe and efficient battery performance. It acts as a physical barrier between the positive and negative electrodes, allowing lithium ions to pass through while blocking the flow of electrons. With advancements in separator technology, these separators play a key role in enhancing battery capacity, cycle life, and overall safety in various applications,…
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolst …
The Industrial Drums Market is experiencing a steady and promising trajectory, with an estimated value of US$ 12.5 billion in 2022, projected to escalate to US$ 17.6 billion by 2027 at a commendable Compound Annual Growth Rate (CAGR) of 7.1%. This growth is substantiated by a 6.6% CAGR in volume during 2022-27, as per Future Market Insights. Anticipated to expand 1.5 times within this period, the market presents alluring prospects for industry…
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of …
The metal cans market is predicted to grow at a CAGR of 5% over the forecast period, according to research by Future Market Insights. The industry's estimated value is expected to increase from US$ 56 Bn in 2023 to US$ 91.1 Bn by 2033.
The market for metal cans has been driven by the heightened demand for the product in food and beverages industry. Metal cans helps prolong shelf-life of perishable…
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 …
The folding intermediate bulk containers (IBCs) market is on a growth trajectory, with an estimated value of US$ 418 million in 2022, projected to reach US$ 528 million by 2027, showcasing a Compound Annual Growth Rate (CAGR) of 4.8%. Remarkably, the China folding IBCs market defied initial pandemic-related skepticism and is anticipated to grow by 6.9% year on year in 2022. Despite global challenges, China's folding IBCs market is poised to contribute…
More Releases for Leather
Nappa Leather Market Latest Trends and Future Growth Study by 2030 | ECCO Leathe …
The market research study labeled 'Nappa Leather market' gives a competent and in-depth evaluation of the current and potential market, as well as a study of product specification, display pattern, product type, and innovation research, taking into account central points, like facts and figures, income generated, piece of the overall industry and growth rate for each kind and application, Net Income, and key figures. Moreover, it provides an in-depth analysis…
Synthetic Leather (Artificial Leather) Market Leading Trends 2019 | Alfatex, Amw …
Global Synthetic Leather (Artificial Leather) Market Research Report 2019-2025 provides the data of the market categorized by end-user sections, product sections, sales channels, regions, and import/export dynamics. The report offers a common platform with multiple opportunities to many firms, associations, industries, and other products and services providers. The report covers details about market size & forecast, growth drivers, emerging trends, market opportunities, and investment risks in over various segments in…
Global Synthetic Leather (Artificial Leather) Market Growth 2019-2024
Market Research Report Store offers a latest published report on Synthetic Leather (Artificial Leather) Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
According to this study, over the next five years the Synthetic Leather (Artificial Leather) market will register a 3.7% CAGR in terms of revenue, the global market size will reach US$ 6335.1 million by 2024, from US$ 5484.1…
Study Report Natural Leather Market by Revenue Forecast, Sales Volume and Geogra …
The global Natural Leather market will reach xxx Million USD in 2019 and CAGR xx% 2019-2024. Report covers Natural Leather Market manufacturers data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better.
Get Sample Papers on Natural Leather Market with Pages 78, Company Profiles 12 and Top Trends Report Now at http://www.rnrmarketresearch.com/contacts/request-sample?rname=2106817 .
Report covers forecast and analysis for Natural…
Global Leather Market 2018 Key Players: Garrett Leather, Winter Company, Buckski …
Leather Market:
WiseGuyReports.com adds “Leather Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting 2025” reports tits database.
Executive Summary
This report researches the worldwide Leather market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Leather breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends,…
Leather Market touching new levels - Demand, Rising Trends & Analysis by Top Pla …
HTF MI recently introduced Global Leather Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2025. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Winter Company, Garrett Leather, Buckskin Leather Company, Jinjiang Guotal Leather, ANTIC CUIR,…
