PUBLISHER: The Business Research Company | PRODUCT CODE: 1426460
PUBLISHER: The Business Research Company | PRODUCT CODE: 1426460
Aircraft seat upholstery encompasses the padding, springs, webbing, and fabric or leather covers that provide comfort and support to passengers during air travel. This component is crucial to the aircraft's interior design, influencing the overall passenger experience and contributing to the visual appeal of the cabin.
The main types of seats in aircraft seat upholstery include economy class, premium economy class, business class, and first class. Economy-class seating represents the standard and most common option available in commercial aircraft for passengers. These seats are crafted from various materials such as leather, vinyl, and fabric and are utilized in different types of aircraft, including wide-body aircraft, business jets, and regional transport aircraft, serving both original equipment manufacturers (OEM) and aftermarket end users.
The aircraft seat upholstery market research report is one of a series of new reports from The Business Research Company that provides aircraft seat upholstery market statistics, including aircraft seat upholstery industry global market size, regional shares, competitors with an aircraft seat upholstery market share, detailed aircraft seat upholstery market segments, market trends and opportunities, and any further data you may need to thrive in the aircraft seat upholstery industry. This aircraft seat upholstery market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The aircraft seat upholstery market size has grown strongly in recent years. It will grow from $1.71 billion in 2023 to $1.81 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. The growth observed during the historical period can be attributed to material innovations, a focus on enhancing comfort and passenger experience, advancements in durability, changes in aesthetic design, and initiatives aimed at reducing weight.
The aircraft seat upholstery market size is expected to see strong growth in the next few years. It will grow to $2.21 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%. The anticipated growth in the forecast period can be attributed to market expansion and the growth of air travel, an increased focus on passenger comfort, ongoing materials innovation and development, a rising emphasis on sustainability and eco-friendly solutions, and the continuous evolution of aesthetic and design considerations. Major trends expected during the forecast period include innovations in maintenance and cleanliness, the integration of artificial intelligence and smart features, continued evolution in design and aesthetics, digital integration within upholstery, and advancements in ergonomics and comfort features.
The anticipated surge in air travel demand is set to be a driving force for the aircraft seat upholstery market. Air travel, involving the movement of passengers or cargo by aircraft, heavily relies on various factors, with aircraft seat upholstery playing a pivotal role in ensuring passenger comfort, safety, aesthetics, and practical considerations. A substantial increase in air travel demand was observed, with US airlines reporting a 30% year-on-year rise, carrying 853 million passengers in 2022, up from 658 million in 2021 and 388 million in 2020. This escalating demand underscores the crucial role of aircraft seat upholstery, contributing to the market's growth.
The growth trajectory of the aircraft seat upholstery market is further fueled by the increasing production of commercial aircraft. As the demand for air travel and cargo transportation rises, commercial aircraft manufacturers collaborate closely with seat upholstery suppliers to meet safety and comfort standards. Seat upholstery installation becomes an integral part of the commercial aircraft manufacturing process. Notably, Airbus SE reported an 8% increase in commercial aircraft deliveries, reaching 661 units in 2022, up from 611 in 2021. This surge in commercial aircraft production directly fuels the demand for aircraft seat upholstery, propelling market growth.
Challenges to the growth of the aircraft seat upholstery market emerge from the high cost of materials. Essential materials such as leather, foam, and fabric contribute significantly to manufacturing costs, posing a balancing act for manufacturers seeking to produce high-quality, comfortable seats while managing expenses. Replacement costs for aircraft seat coverings can fluctuate between $5,000 and $15,000 per seat, with seat redesign costs varying from $10,000 to $60,000 per seat. This factor presents a restraint to the market's growth due to the associated high material costs.
Leading companies in the aircraft seat upholstery market are strategically focusing on innovation to cater to larger customer bases, increase sales, and boost revenue. One such innovation is the development of high-performance fabric designed to withstand high levels of wear and tear. In June 2022, Ultrafabrics LLC introduced Atago, a flame-resistant, high-performance fabric made from a blend of aramid and polyester fibers. Atago's strength, heat resistance, and durability make it suitable for aircraft seat upholstery, where it must endure high temperatures and harsh environments.
In August 2022, E-Leather Limited, a UK-based provider of sustainable leather alternatives, also partnered with Southwest Airlines Co, highlighting efforts to reduce environmental impact and enhance the comfort and durability of aircraft seats. These strategic initiatives emphasize the industry's commitment to innovation and growth in the aircraft seat upholstery market.
Major companies operating in the aircraft seat upholstery market report are Airbus S.A.S., Collins Aerospace, Safran S.A., Stelia Aerospace, Jamco Corporation, Hong Kong Aircraft Engineering Company Limited, Astronics Corporation, Martin-Baker Aircraft Company Limited, Recaro Group, Ipeco Holdings, AIM Aerospace Inc., Thompson Aero Seating Ltd., Aerotex Interiors Inc., Lantal Textiles AG, Aviointeriors S.p.A, Geven S.p.A., Boeing Encore Interiors LLC, Acro Aircraft Seating Ltd., Belgraver BV, International Aero Services, TSI Seats, Botany Weaving Mill Ltd., Wesco Manufacturing Inc., Expliseat SAS , ACC Interiors Ltd., B/E Aerospace Fischer GmbH, OmnAvia Interiors LLC, Tapis Corp, Tritex Corporation, Perrone Aerospace
Asia-Pacific was the largest region in the aircraft seat upholstery market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the aircraft seat upholstery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the aircraft seat upholstery market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The aircraft seat upholstery market consists of sales of foam cushions, textile upholstery, fabric materials, stitching and trim, metal frames, headrests, armrests, and Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Aircraft Seat Upholstery Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on aircraft seat upholstery market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for aircraft seat upholstery? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The aircraft seat upholstery market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.