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Rising Demand For Aircraft Propels Interior Decoration Materials Market Growth: Powering Innovation and Expansion in the Aircraft Interior Decoration Materials Market by 2025
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.What Is the Expected CAGR for the Aircraft Interior Decoration Materials Market Through 2025?
The market size for materials used in aircraft interior decoration has shown robust growth in the past few years. Forecasts predict an increase from $19.86 billion in 2024 to $21.56 billion in 2025, delivering a compound annual growth rate (CAGR) of 8.6%. This growth during the historical period can be credited to factors such as the rise in air travel, the focus on passenger comfort and experience, airline branding and differentiation, strict safety laws, retrofitting and refurbishment operations, and innovations in cabin systems.
What's the Projected Size of the Global Aircraft Interior Decoration Materials Market by 2029?
Projected growth for the aircraft interior decoration materials market size is strong over the coming years. By 2029, it is expected to reach $29.68 billion with a compound annual growth rate (CAGR) of 8.3%. Initiatives towards sustainability, improvements in in-flight entertainment, emphasis on hygiene and cleanliness, luxury air tourism sector, and the launch of next-generation aircraft are factors contributing to growth within this forecast period. Key trends during this period consist of the advent of lightweight, high-performance materials, increasing customization and personalization, the incorporation of connectivity elements, design focused on the human experience, integrated LED lighting, and innovations in fabric and textile production.
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Top Growth Drivers in the Aircraft Interior Decoration Materials Industry: What's Accelerating the Market?
The aircraft interior decoration materials market is anticipated to expand due to the rising demand for commercial and private airplanes. Commercial planes are those used for transporting passengers or goods, as opposed to military planes, while a private plane is any plane used for personal or business travel. The interior decoration materials for aircraft are light materials used inside the aircraft cabins, created using a range of nonmetallic materials for different applications. For example, in December 2022, United Airlines Inc., a significant airline company based in the United States, ordered up to 200 new Boeing widebody planes. They will utilize models 787-8, 9, and 10, allowing these new widebody planes to cover a broad range of routes. Delivery of these new planes is expected between 2024 and 2032. This U.S. carrier has set a record in commercial aviation by placing the largest order for widebody aircraft - 100 new 787 Dreamliners, with an option to add 100 more. Thus, the escalating demand for commercial and private planes is propelling the growth of the aircraft interior decoration materials market.
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What Trends Will Shape the Aircraft Interior Decoration Materials Market Through 2029 and Beyond?
A significant trend emerging in the aircraft interior decoration materials market is product innovation. Major market players are intensifying their efforts to develop novel products to consolidate their market position. For example, in November 2023, Emirates, an aviation firm from the UAE, introduced an exclusive, innovative line of limited-edition luggage and accessories created from repurposed aircraft interiors, named Aircrafted by Emirates. The materials for this collection were procured from the famed Emirates A380 and 777 aircraft.
What Are the Main Segments in the Aircraft Interior Decoration Materials Market?
The aircraft interior decoration materials market covered in this report is segmented -
1) By Type: Aircraft Seating, In-Flight Entertainment, Cabin Lighting, Galley Equipment, Aircraft Lavatory, Aircraft Windows And Windshields, Other Types
2) By Application: Commercial Aircraft, Private Aircraft
Subsegments:
1) By Aircraft Seating: Upholstery Fabrics, Cushion Materials, Frame Materials
2) By In-Flight Entertainment: Screens And Displays, Control Systems, Speaker Systems
3) By Cabin Lighting: LED Lighting, Ambient Lighting, Task Lighting
4) By Galley Equipment: Storage Units, Cooking Appliances, Food Service Items
5) By Aircraft Lavatory: Fixtures And Fittings, Sanitation Products, Surface Materials
6) By Aircraft Windows And Windshields: Glass And Acrylic Materials, Window Frames, Tinting Films
7) By Other Types: Cabin Dividers, Carpeting And Flooring, Decorative Panels
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Which Top Companies are Driving Growth in the Aircraft Interior Decoration Materials Market?
Major companies operating in the aircraft interior decoration materials market include Mohawk Industries Inc., Hong Kong Aircraft Engineering Company Limited, Desso Aviation, Botany Weaving Mill Limited, Lantal Textiles AG, BIC Carpets, Airworthy Aerospace Industries Inc., Neotex Ltd., Delos Inc., ACM Aircraft Cabin Modification GmbH, Astronics Corporation, Cobham Limited, Diehl Stiftung and Co. KG, AVIC Cabin Systems (UK) Limited, Henkel AG & Co. KGaA, Haeco Limited, Haima Carpet, CAP Carpet, Aerofloor, Anjou Aéronautique, Spectra Interior Products, Tapis Corporation, Perrone Aerospace, OmnAvia Interiors, Acro Aircraft Seating Ltd., Aviointeriors S.p.A, Boeing Encore Interiors LLC, Collins Aerospace (Raytheon Technologies Corporation), TenCate Advanced Composites, Zodiac Aerospace, B/E Aerospace
Which Regions Will Dominate the Aircraft Interior Decoration Materials Market Through 2029?
Asia-Pacific was the largest region in the aircraft interior decoration materials market in 2024. The regions covered in the aircraft interior decoration materials market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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