The size of the global Custom Car Upholstery market exhibited significant strength in 2021 and is expected to achieve a rapid revenue compound annual growth rate (CAGR) during the forecast period. The market's revenue growth is primarily driven by the increasing demand for diverse variations of Custom Car Upholstery, which are used in various components such as auto floor mats, auto carpeting, seat sheathing, and airbags, among others. Additionally, the growing production of personal and commercial vehicles serves as another driver for market revenue due to the extensive use of Custom Car Upholstery in both domains.
Custom Car Upholstery refers to the material that covers seats, dashboards, liners, and other components of a vehicle's interior. These materials play a significant role in influencing a buyer's purchase decisions. They contribute to the recovery, upholstering, and renovation of seats and other sections of an automobile. The primary purpose of Custom Car Upholstery is to preserve the vehicle's interior from wear and tear, abrasion, and damage caused by regular usage. Furthermore, it adds an aesthetic design and serves decorative purposes. Additionally, these materials provide UV resistance, reducing sun damage to the vehicle's components. Custom Car Upholstery is used in various parts of passenger vehicles as well as commercial vehicles. Its increased usage is attributed to its essential properties that ensure performance and safety in automobiles. The product also offers advanced insulation and resistance to water, fuels, temperature extremes, and abrasion, thus contributing to the vehicle's longevity.
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Increasing awareness about the benefits of automobile upholstery is a key factor expected to drive growth for this industry. The increase in the demand for the product in the Automobile industry is attributed to the increased durability provided to the vehicle. Over time the importance has shifted from fancy seat coverings to comfortable and easy-to-maintain seat layering. The rising demand for the product is attributed to its ability of improving cost-effectiveness by protecting vehicular components against damage, providing water and oil resistance, and improving the strength of the component. Furthermore, it amplifies the attractiveness of the car’s interior.
Moreover, the availability of varied options and the ease of customization is another driver increasing the need of automobile upholstery. Additionally, the media coverage for automobile coverings has increased which further increases the awareness about the benefits associated with the product. Another driver for the demand is the prevention of smear and stain which helps maintain hygiene and cleanliness inside the vehicle. The advantages offered by the auto upholstery are the contributing factors to revenue growth of the market during the forecast period.
Competitive Landscape:
- Adient (Ireland)
- Lear Corporation (U.S.)
- Toyota Boshoku Corporation (Japan)
- FORVIA Faurecia (Germany)
- Martur Automotive Seating Systems (Turkey)
- Grammer AG (Germany)
- Haartz Corporation (U.S.)
- Borgers Se Co. KGaA (Germany)
- Acme Mills Company (U.S.)
- Grupo Antolin Irausa (Spain)
- Seiren Co. (Japan)
- Sage Automotive Interiors (U.S.)
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The global market is further segmented into type and application:
Product Type (Revenue, USD Billion; 2019-2030)
- Car dashboard
- Car door panel
- Car roof
- Car sun visor
- Car Steering Wheel
- Other
Application Outlook (Revenue, USD Billion; 2019-2030)
- Passenger Vehicle
- Commercial Vehicle
Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
- Latin America (Brazil, Rest of LATAM)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Takeaways of the Competitive Overview Section:
- Overview of the company profiles of each market player
- Industrial chain analysis of each player
- Revenue share contribution
- Sales network and distribution channels and net profits and losses of each company
- Key business growth strategies are undertaken by these players
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