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Automotive Interior Leather market was valued at US$ 5173.4 million in 2022 and is anticipated to reach US$ 6737.6 million by 2029, witnessing a CAGR of 3.8% - valuates Reports
Automotive Interior Leather market was valued at US$ 5173.4 million in 2022 and is anticipated to reach US$ 6737.6 million by 2029, witnessing a CAGR of 3.8% during the forecast period 2023-2029.Get sample report - Automotive Interior Leather market was valued at US$ 5173.4 million in 2022 and is anticipated to reach US$ 6737.6 million by 2029, witnessing a CAGR of 3.8% during the forecast period 2023-2029.
Automotive interior leather refers to a special type of leather, which is used to augment the ambiance and aesthetics of the vehicle interior. The quality of leather is different from ordinary furniture leather as its driver and passenger can feel its unique texture during their time inside the vehicle. Automotive interior leather is not limited to upholstery only and can cover controllers, steering wheel, and infotainment systems. Apart from being aesthetic in appearance, automotive interior leather is required to be durable and should sustain constant abrasions of scratches and wear & tear.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
In 2019, synthetic Leather account for about 70% of the total volume. But Genuine Leather is used in luxury vehicles; it is more expensive than Synthetic Leather. It accounts for about 72% of the total revenue. In the future, it will keep faster growth than synthetic leather.
The automotive interior leather market is relatively concentrated market; key players include Eagle Ottawa, Benecke-Kaliko, Bader GmbH, Midori Auto Leather, Kyowa Leather Cloth, Boxmark, Exco Technologies, Wollsdorf, CGT, Scottish Leather Group, etc. The revenue of top ten manufacturers accounts for about 74.3% of the total revenue in 2019.
It can apply to seats, headliners, door trims, consoles and others.
Segment by Type
Genuine Leather
Synthetic Leather
Segment by Application
Seats
Headliners
Door Trims
Consoles
Others
Read more - https://reports.valuates.com/market-reports/QYRE-Auto-34X12538/global-automotive-interior-leather
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