PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1531086
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1531086
Automotive Fabric Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2024 - 2030)
Market Overview
In 2024, the automotive fabric industry is projected to produce revenue of USD 41.2 billion, and it is forecasted to experience a CAGR of 5.1% over the projection period, to attain USD 55.7 billion by the end of the decade. This can be credited to the growing need for luxury cars and the preference for their interiors to be visually pleasing. Another factor behind the advance of the industry is the growing awareness of vehicle security. This opens gates for the automotive fabric industry, particularly in the fast-developing nations.
The awareness of consumers regarding environment has heightened and is leading to the use of fabrics made from recycled plastic, waste plastics found in the ocean, and natural fibers. In addition, consumers are looking for vegan leather products like synthetic leather or products that mimic the real natural leathers. However, since natural leather lasts longer compared to synthetic one, the producers do their best to increase synthetic leather durability.
Consumers are now aiming at nice looking interiors and those that do not inversely affect the fuel consumption of their vehicles. Therefore, the automobile industry is looking for materials that incorporate properties such as lightweight, high strength, and high durability.
The population that uses fabrics is on the rise due to population growth and thus the increased demand for comfort and safety and aesthetic value in car interiors. Soft materials such as plastics, leathers, and carpets used in seats or headliners are significant factors that enhance a comfortable environment.
Key Insights
In 2024, the passenger vehicles category leads the automotive fabric industry with a 70% share because of the growing populace and need for luxury, comfort, and safety.
Carpet/floor covers hold the largest industry share by value, favored for simple cleaning and stain resistance.
The upholstery category is projected to advance fastest because of wide usage in interiors and consistent replacement.
Airbag category grows significantly due to road safety regulations, requiring reliable and tear-resistant materials.
Safety belts witness significant CAGR due to increasing usage in trucks and buses, requiring strong, durable, and fire-resistant fabrics.
Polyester holds the largest share (40% in 2024) for car seat fabric due to versatility, affordability, and durability.
Nylon is popular for its designs, colors, easy cleaning, and lightweight properties, holding a significant share.
Leather category will have the highest CAGR of 5.5%, valued for luxurious look, especially in premium luxury and sports cars.
APAC is the largest and fastest-growing region with a 45% share in 2024 and an expected CAGR of 5.4%, driven by rising electric vehicle demand, growing middle class, and government push for eco-friendly materials.
Latin American market grows with increasing automobile sales in Brazil, Mexico, and Argentina, with Mexico as a major automotive source.
Table of Contents
Chapter 1. Research Scope
- 1.1. Research Objectives
- 1.2. Market Definition
- 1.3. Analysis Period
- 1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by vehicle type
- 1.4.2. Market size breakdown, by application
- 1.4.3. Market size breakdown, by material
- 1.4.4. Market size breakdown, by region
- 1.4.5. Market size breakdown, by country
- 1.5. Market Data Reporting Unit
- 1.5.1. Value
- 1.6. Key Stakeholders
Chapter 2. Research Methodology
- 2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
- 2.2. Primary Research
- 2.3. Market Size Estimation
- 2.4. Data Triangulation
- 2.5. Currency Conversion Rates
- 2.6. Assumptions for the Study
- 2.7. Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Market Indicators
Chapter 5. Industry Outlook
- 5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
- 5.2. Impact of COVID-19
- 5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes
Chapter 6. Global Market
- 6.1. Overview
- 6.2. Market Revenue, by Vehicle Type (2019-2030)
- 6.3. Market Revenue, by Application (2019-2030)
- 6.4. Market Revenue, by Material (2019-2030)
- 6.5. Market Revenue, by Region (2019-2030)
Chapter 7. North America Market
- 7.1. Overview
- 7.2. Market Revenue, by Vehicle Type (2019-2030)
- 7.3. Market Revenue, by Application (2019-2030)
- 7.4. Market Revenue, by Material (2019-2030)
- 7.5. Market Revenue, by Country (2019-2030)
Chapter 8. Europe Market
- 8.1. Overview
- 8.2. Market Revenue, by Vehicle Type (2019-2030)
- 8.3. Market Revenue, by Application (2019-2030)
- 8.4. Market Revenue, by Material (2019-2030)
- 8.5. Market Revenue, by Country (2019-2030)
Chapter 9. APAC Market
- 9.1. Overview
- 9.2. Market Revenue, by Vehicle Type (2019-2030)
- 9.3. Market Revenue, by Application (2019-2030)
- 9.4. Market Revenue, by Material (2019-2030)
- 9.5. Market Revenue, by Country (2019-2030)
Chapter 10. LATAM Market
- 10.1. Overview
- 10.2. Market Revenue, by Vehicle Type (2019-2030)
- 10.3. Market Revenue, by Application (2019-2030)
- 10.4. Market Revenue, by Material (2019-2030)
- 10.5. Market Revenue, by Country (2019-2030)
Chapter 11. MEA Market
- 11.1. Overview
- 11.2. Market Revenue, by Vehicle Type (2019-2030)
- 11.3. Market Revenue, by Application (2019-2030)
- 11.4. Market Revenue, by Material (2019-2030)
- 11.5. Market Revenue, by Country (2019-2030)
Chapter 12. U.S. Market
- 12.1. Overview
- 12.2. Market Revenue, by Vehicle Type (2019-2030)
- 12.3. Market Revenue, by Application (2019-2030)
- 12.4. Market Revenue, by Material (2019-2030)
Chapter 13. Canada Market
- 13.1. Overview
- 13.2. Market Revenue, by Vehicle Type (2019-2030)
- 13.3. Market Revenue, by Application (2019-2030)
- 13.4. Market Revenue, by Material (2019-2030)
Chapter 14. Germany Market
- 14.1. Overview
- 14.2. Market Revenue, by Vehicle Type (2019-2030)
- 14.3. Market Revenue, by Application (2019-2030)
- 14.4. Market Revenue, by Material (2019-2030)
Chapter 15. France Market
- 15.1. Overview
- 15.2. Market Revenue, by Vehicle Type (2019-2030)
- 15.3. Market Revenue, by Application (2019-2030)
- 15.4. Market Revenue, by Material (2019-2030)
Chapter 16. U.K. Market
- 16.1. Overview
- 16.2. Market Revenue, by Vehicle Type (2019-2030)
- 16.3. Market Revenue, by Application (2019-2030)
- 16.4. Market Revenue, by Material (2019-2030)
Chapter 17. Italy Market
- 17.1. Overview
- 17.2. Market Revenue, by Vehicle Type (2019-2030)
- 17.3. Market Revenue, by Application (2019-2030)
- 17.4. Market Revenue, by Material (2019-2030)
Chapter 18. Spain Market
- 18.1. Overview
- 18.2. Market Revenue, by Vehicle Type (2019-2030)
- 18.3. Market Revenue, by Application (2019-2030)
- 18.4. Market Revenue, by Material (2019-2030)
Chapter 19. Japan Market
- 19.1. Overview
- 19.2. Market Revenue, by Vehicle Type (2019-2030)
- 19.3. Market Revenue, by Application (2019-2030)
- 19.4. Market Revenue, by Material (2019-2030)
Chapter 20. China Market
- 20.1. Overview
- 20.2. Market Revenue, by Vehicle Type (2019-2030)
- 20.3. Market Revenue, by Application (2019-2030)
- 20.4. Market Revenue, by Material (2019-2030)
Chapter 21. India Market
- 21.1. Overview
- 21.2. Market Revenue, by Vehicle Type (2019-2030)
- 21.3. Market Revenue, by Application (2019-2030)
- 21.4. Market Revenue, by Material (2019-2030)
Chapter 22. Australia Market
- 22.1. Overview
- 22.2. Market Revenue, by Vehicle Type (2019-2030)
- 22.3. Market Revenue, by Application (2019-2030)
- 22.4. Market Revenue, by Material (2019-2030)
Chapter 23. South Korea Market
- 23.1. Overview
- 23.2. Market Revenue, by Vehicle Type (2019-2030)
- 23.3. Market Revenue, by Application (2019-2030)
- 23.4. Market Revenue, by Material (2019-2030)
Chapter 24. Brazil Market
- 24.1. Overview
- 24.2. Market Revenue, by Vehicle Type (2019-2030)
- 24.3. Market Revenue, by Application (2019-2030)
- 24.4. Market Revenue, by Material (2019-2030)
Chapter 25. Mexico Market
- 25.1. Overview
- 25.2. Market Revenue, by Vehicle Type (2019-2030)
- 25.3. Market Revenue, by Application (2019-2030)
- 25.4. Market Revenue, by Material (2019-2030)
Chapter 26. Saudi Arabia Market
- 26.1. Overview
- 26.2. Market Revenue, by Vehicle Type (2019-2030)
- 26.3. Market Revenue, by Application (2019-2030)
- 26.4. Market Revenue, by Material (2019-2030)
Chapter 27. South Africa Market
- 27.1. Overview
- 27.2. Market Revenue, by Vehicle Type (2019-2030)
- 27.3. Market Revenue, by Application (2019-2030)
- 27.4. Market Revenue, by Material (2019-2030)
Chapter 28. U.A.E. Market
- 28.1. Overview
- 28.2. Market Revenue, by Vehicle Type (2019-2030)
- 28.3. Market Revenue, by Application (2019-2030)
- 28.4. Market Revenue, by Material (2019-2030)
Chapter 29. Competitive Landscape
- 29.1. List of Market Players and their Offerings
- 29.2. Competitive Benchmarking of Key Players
- 29.3. Product Benchmarking of Key Players
- 29.4. Recent Strategic Developments
Chapter 30. Company Profiles
- 30.1. Adient PLC
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
- 30.2. Lear Corporation
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
- 30.3. Toyota Boshoku Corporation
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
- 30.4. SEIRN Co. Ltd.
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.4.3. Key financial summary
- 30.5. Asahi Kasei Corporation
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
- 30.5.3. Key financial summary
- 30.6. Toray Industries Inc.
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.6.3. Key financial summary
- 30.7. Hyosung Corporation
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
- 30.7.3. Key financial summary
- 30.8. Toyobo Co. Ltd.
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
- 30.8.3. Key financial summary
- 30.9. SRF Limited
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
- 30.9.3. Key financial summary
- 30.10. Sage Automotive Interiors
- 30.10.1. Business overview
- 30.10.2. Product and service offerings
- 30.10.3. Key financial summary
- 30.11. Shandong Exceeding Auto Interior Parts Co. Ltd.
- 30.11.1. Business overview
- 30.11.2. Product and service offerings
- 30.11.3. Key financial summary
Chapter 31. Appendix
- 31.1. Abbreviations
- 31.2. Sources and References
- 31.3. Related Reports
