Press release
Aviation Carpet Market is Poised to Grow at a CAGR of 3.1% to Reach US$ 21.46 Billion by 2034
The aviation carpet market is projected to grow at a CAGR of 3.1%, increasing from US$ 15.82 billion in 2024 to US$ 21.46 billion by 2034. The market for airplanes has widened due to airline expansion and upgrading. Unlike the market for foreign flights, the market for domestic flights has increased worldwide. Hence, the demand for narrow-body aircraft has increased, as discussed in the aviation carpet industry forecast.In addition, commercial aircraft manufacturers are developing sophisticated and efficient subsystems and advanced technology. These features encourage the manufacturers to develop specialized carpets for aircraft floors.
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What are the Drivers of Demand in the Aviation Carpet Market?
An important growth in the aviation sector and increasing air traffic on the back of the increasing number of air passengers in both developed and potentially high growth nations are the most important factors that are driving the growth of the aviation carpet market.
To address the growing demand and quality requirements, manufacturers are shifting their attention to the production of ultra-light aviation carpets to lower fuel consumption, which in turn is generating future growth opportunities for the market. Moreover, change in the aerospace sector with the advent of high-tech and advanced aircraft further stimulates the growth of the market.
Region-Wise Insights
Among the most important markets for air transport is the European Union, after which comes the United States, Brazil, China, and Canada. North America is expected to have a proportionately high share of revenue to the market, due to having top aircraft manufacturing companies, such as Boeing and Bombardier in the continent.
A rise in the demand for eco-friendly and comfortable airlines is also likely to bode well with the growth of the North American aviation carpet market.
Asia Pacific is also anticipated to grow as a potential destination for the market, following the rising commercial aviation business and passenger flow. Significantly high investment in the building of new airports and refurbishment activities of aging aircraft in future high growth economies, like China and India is also supporting the growth of the aviation carpet market in these economies.
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Key Players:
SCS Interiors
BIC Carpets
Lantal Textiles AG
Spectra Interior Products
Industrial Neotex SA
Aircraft Interior Products Inc
Botany Weaving
Luxia
Auto Custom Carpets Inc
Boxmark Leather GmbH & Co
Aviointerior SPA
Competitive Landscape
Market leaders dedicated manufacturers and OEMs are emphasizing research and development operations in order to innovate and efficient products. Furthermore, the market players are emphasizing supplying customized carpets based on the needs of the consumer. In addition, the positive aerospace carpet industry outlook will give rise to notable opportunities for the manufacturers.
Segmentation of the Aviation Carpet Market Research
By Material :
Wool
Nylon
Polyamide
Wool/Polyamide
Wool/Nylon
By Application :
Commercial Aircraft
Defense/Military Aircraft
Helicopters
Others
By Region :
North America
Western Europe
Eastern Europe
Latin America
East Asia
South Asia & Pacific
Middle East & Africa
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