Global Market for Automotive Fabrics is Anticipated to grow at a Significant Pace i.e., USD 40.15 Billion during the Forecast Period 2023-2030

Published Date: Jul, 2023

The global automotive fabric market is anticipated to grow at a 4.9% CAGR during 2023-2030. Auto upholstery and interiors, such as interior carpets, seats, headliners, dashboards, and others, frequently employ automotive fabrics. These fabrics are designed to provide optimal comfort, safety, and security for passengers while driving. Also, they improve the interior environment by giving the car a more appealing appearance. The increased sale of vehicles posts the COVID-19 crisis, mounting demand to reduce vehicle weight owing to stringent regulations to reduce carbon emission, robust economic development, implementation of strict safety standards for adoption of airbags, safety-belts, and others will significantly drive the growth of the global automotive fabric market. Furthermore, a mounting increase in the production of passenger vehicles in emerging economies of Asia-Pacific owing to a rise in disposable income will accelerate the growth of the automotive fabric market. Also, the developed features like breakage & wear resistance and elasticity, increased adoption of automobile accessories, and robust economic development will further proliferate the growth of the market. Nevertheless, automotive fabric provides passengers with optimal comfort and a delightful ride, as well as contributes to interior ambiance and vehicle safety.

 

In August 2021, Toyota Boshoku Corporation has designed the seats and other interior components for Toyota Motor Corporation's all-new Aqua, which was released last month.

 

Browse 53 market data Tables and 35 Figures spread through 250 Pages and in-depth TOC on " Automotive Fabric Market by Fabric Type (Polyester, Vinyl, Leather, Nylon, and Others), by Vehicle Type (Passenger Cars (Compact Passenger Cars, Mid-Sized Passenger Cars, Premium Passenger Cars, and Luxury Passenger Cars), Light Commercial Vehicles, Heavy Trucks, and Buses and Coaches), by Application  (Pre-Assembled Interior Components (PRIC), Belts and Hoses, Car Roof, Floor Covering, Upholstery, Tires, Spray Adhesive, Airbags, Safety Belts, and Others), and Region - Global Forecast to 2030"

 

By application, airbags application is anticipated to be the fastest growing segment during the forecast period.

 

Based on application, the global automotive fabric market is segmented into pre-assembled interior components (PRIC), belts and hoses, car roof, floor covering, upholstery, tires, spray adhesive, airbags, safety belts, and others. Airbags will grow at the fastest rate during 2023-2030 owing to the growing demand for automotive safety features. Initially, airbags were only available in the driver's seat, but the proven effectiveness of airbags in saving lives has pushed auto manufacturers to include airbags in other seats, resulting in increased industry growth.

 

Global Automotive Fabrics Market Segmentation Analysis

Segment

Categorization

Leading Category

Fabric Type

Polyester, Vinyl, Leather, Nylon, and Others

Vinyl (Fastest)

Vehicle Type

Passenger Cars (Compact Passenger Cars, Mid-Sized Passenger Cars, Premium Passenger Cars, and Luxury Passenger Cars), Light Commercial Vehicles, Heavy Trucks, and Buses and Coaches

Passenger Cars (Largest)

 

Application

Pre-Assembled Interior Components (PRIC), Belts and Hoses, Car Roof, Floor Covering, Upholstery, Tires, Spray Adhesive, Airbags, Safety Belts, and Others

Floor Covering (Largest)

Airbags (Fastest)

Region

North America, Europe, Asia-Pacific, and Rest of the World

Asia-Pacific

(High CAGR)

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“North America to grow significantly during 2023-2030.”

North America is anticipated to grow significantly owing to strong domestic demand and export dynamism for automobiles and stringent automotive regulations and standards to use airbags. The increased demand for luxuriant and technologically developed materials that makes the interior safe for vehicles and fuel-efficient will further propel the growth of the automotive fabrics market in the region.

Some of the major players in the global automotive fabrics market include Lear, TOYOTA BOSHOKU CORPORATION, Sage Automotive Interiors, Suminoe Textile Co., Ltd., J & J Auto Fabrics, TESCA, SEIREN Co., LTD., SRF Limited, The Haartz Corporation, and Tenowo GmbH.

 

Scope of the Report

Report Metric

Details

Market Size Available for the Years in the Study

2018–2030

Historical Period

2018–2022

Base Year

2022

Forecast Period

2023–2030

Segments Covered in the Study

Fabric Type, Vehicle Type, Application, and Region

Geographies Covered in the Study

North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Spain, Russia), Asia-Pacific (China, Japan, India, South Korea), and Rest of the World (Brazil, Saudi Arabia, South Africa, U.A.E.)

Companies Covered in the Study

Lear, TOYOTA BOSHOKU CORPORATION, Sage Automotive Interiors, Suminoe Textile Co., Ltd., J & J Auto Fabrics, TESCA, SEIREN Co., LTD., SRF Limited, The Haartz Corporation, and Tenowo GmbH

 

Global Automotive Fabrics Market Coverage

 

Fabric Type Insight and Forecast 2018-2030

  • Polyester
  • Vinyl
  • Leather
  • Nylon
  • Others

 

Vehicle Type Insight and Forecast 2018-2030

  • Passenger Cars
    • Compact Passenger Cars
    • Mid-Sized Passenger Cars
    • Premium Passenger Cars
    • Luxury Passenger Cars
  • Light Commercial Vehicles
  • Heavy Trucks
  • Buses and Coaches

 

Application Insight and Forecast 2018-2030

  • Pre-Assembled Interior Components (PRIC)
  • Belts and Hoses
  • Car Roof
  • Floor Covering
  • Upholstery
  • Tires
  • Spray Adhesive
  • Airbags
  • Safety Belts
  • Others

 

Geographical Segmentation

 

Automotive Fabrics Market by Region

 

North America

  • By Fabric Type
  • By Vehicle Type
  • By Application
  • By Country – U.S., Canada, and Mexico

 

Europe

  • By Fabric Type
  • By Vehicle Type
  • By Application
  • By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe

 

Asia-Pacific (APAC)

  • By Fabric Type
  • By Vehicle Type
  • By Application
  • By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific

 

Rest of the World (RoW)

  • By Fabric Type
  • By Vehicle Type
  • By Application
  • By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries