Automotive Upholstery Market, By Material Type (Fabric, Leather, Vinyl, and Others), By Vehicle Type (Passenger Cars, Commercial Vehicles, and Electric Vehicles), By Distribution Channel (OEMs and Aftermarket), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Sep 2024

Code : CMI7392

Pages :155

Formats :

Excel and PDF

Industry : Automotive and Transportation

Market Concentration and Competitive Landscape

Automotive Upholstery Market Concentration By Players

Close-monitor your Competitor's Move, Request sample copy

Rising Relevance of Electric and Hybrid Powertrains

Governments across the globe are actively pushing stringent emission regulations to curb air pollution and transition towards more sustainable transportation solutions. Major automakers like Adient PLC, BASF SE, Faurecia SE, Freudenberg Group, Grupo Antolin Irausa, S.A., Lear Corporation, MarvelVinyls, Sage Automotive Interiors, etc. are responding by accelerating investments in electric vehicles (EVs) and hybrid technologies. While the initial costs of EVs are higher than conventional vehicles, subsidies and falling battery prices are making them more accessible for buyers. Automakers realize that attractive upholstery with user-friendly cabin designs and features can entice environment-conscious consumers. Advancements in lithium-ion batteries have also enabled longer driving ranges for EVs.

As the market share of EVs and hybrids rises, upholstery manufacturers are tailoring their offerings to suit these emerging powertrain trends. For example, since EVs generate less noise and heat inside the cabin, new-age upholstery focuses more on aesthetic looks along with breathability. Lightweight synthetic materials are gaining favor for their lower carbon footprint. Innovations around antimicrobial and easy-to-clean coatings are crucial in confined EV cabins. The unique interiors of EVs also necessitate ultra-modern upholstery styling with specialized designs.

By Material Type Insights (Revenue, USD Bn, 2019 - 2031)
- Fabric
- Leather
- Vinyl
- Others
By Vehicle Type Insights (Revenue, USD Bn, 2019 - 2031)
- Passenger Cars
- Commercial Vehicles
- Electric Vehicles (EVs)
By Distribution Channel Insights (Revenue, USD Bn, 2019 - 2031)
- OEMs (Original Equipment Manufacturers)
- Aftermarket
Regional Insights (Revenue, USD Bn, 2019 - 2031)
- North America
  - U.S.
  - Canada
- Latin America
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
- Europe
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
- Asia Pacific
  - China
  - India
  - Japan
  - Australia
  - South Korea
  - ASEAN
  - Rest of Asia Pacific
- Middle East
  - GCC Countries
  - Israel
  - Rest of Middle East
- Africa
  - South Africa
  - North Africa
  - Central Africa
Key Players Insights
- Adient PLC
- BASF SE
- Faurecia SE
- Freudenberg Group
- Grupo Antolin Irausa, S.A.
- Lear Corporation
- MarvelVinyls
- Sage Automotive Interiors
- SEIREN Co., Ltd.
- Seating Incorporateds
- Suminoe Textile Co., Ltd.
- The Acme Group
- Toyota Boshoku Corporation
- Yanfeng Automotive Interiors
- Zhejiang Feihao Automobile Decoration Co., Ltd.