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Global Automotive Upholstery Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2022-2028- Increasing production rate of vehicles, rising end-user demand for comfort as well as personalized automotive interiors, and growing awareness about the upholstery materials and vehicle safety are anticipated to drive the growth of Global Automotive Upholstery Market.
Automotive Upholstery Market is valued at USD 9.05 Billion in 2021 and is expected to reach USD 14.05 Billion by 2028 with a CAGR of 6.48% over the forecast period.
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Upholstery is the work of delivering cabinetwork, especially seats, with fabric or leather covers, padding, springs, and webbing. The term is applied to domestic cabinetwork and also to operations in automobiles. There are several different kinds of automotive seat upholstery such as, nylon car upholstery, polyester upholstery, leather upholstery vinyl upholstery, faux leather upholstery, and other. The need of upholstery materials is to improve cost-effectiveness, attractiveness, durability, flame resistance, and abrasion resistance. In vehicles, automotive upholstery is used to provide an aesthetic look to the interior of the vehicle to avoid noise and protect the interior of the vehicle from outside environment.
Few of the key players mentioned in this report:
Some major key players for Automotive Upholstery market are
The report covers a detailed study on key areas such as market size, scope, and growth opportunities of the global Automotive Upholstery market by analyzing the market trend and data available for the period prior to 2028. From this analysis, the report draws several observations and deduces about the key factors that drive or restrain the market growth, which would have a wide impact on the development and expansion of the market during the forecast period. Moreover, it covers a range of opportunities and challenges prevailing in the market that will help clients to evaluate their investment strategies.
Increasing Production Rate of Vehicles, Rising End-User Demand for Comfort as Well as Personalized Automotive Interiors and Growing Awareness about the Upholstery Materials and Vehicle Safety are Driving the Market Growth
Some of the major factors driving the growth of global automotive upholstery market is increasing production rate of all types of vehicles such as four wheeler and others and rising end-user demand for comfort, and personalized automotive interiors. In year 2019, Indian auto industry sold approximately 29, 62,052 units of passenger car.
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The market report relies on a concrete research methodology focusing on both primary as well as secondary sources. The report is prepared by relying on primary source including interviews of the company executives & representatives and accessing official documents, websites, and press release of the private and public companies. Additionally, this report includes market analysis from several global experts and analysts who have in-depth knowledge about the market. To ensure a complete framework of the market, it also adopts several research tools such as statistical surveying for SWOT analysis, PESTLE analysis, predictive analysis, and real-time analytics.
The report mentions some key global players in the market and additional names of the players in the market can be included as per the clients’ request. Moreover, a customized or separate report can also be available according to the needs of clients. The report covers the recent development of players including merger & acquisition agreements, partnership or joint venture and latest products launches from the key manufacturers in the Automotive Upholstery market. Please contact with our sales team, who will deliver reports that suits your necessities.
The report covers global aspect of the market, covering
North America is expected to capture the largest market share of the global automotive upholstery market especially U.S., and Canada. Automotive upholstery material is used in electric vehicles thus, the increasing demand for electric vehicles in this region is also supplementing the market growth.
The Asia-Pacific region is expected to witness a fastest growth in the global automotive upholstery market due to the growing demand for automotive vehicles with the presence of auto manufacturing installation particularly in countries similar as China, India, and Japan.
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