Automotive Interior Leather Market 2021 Industry Size, Share, Growth, Top Companies, Segments, Dynamics and Competitive Scenario through 2027
Scope of the report
This study provides an overview of the Global Automotive Interior Leather Market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. Study segments the global automotive interior leather market as material, vehicle type and application.
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On the basis of material, it is segmented as Synthetic Leather, Genuine Leather and others. On the basis of Vehicle type it is segmented as passenger vehicle and commercial vehicle. On the basis of application, it is segmented as upholstery, seats, dashboard, cockpit, steering wheel, and others.
Market Highlights
Automotive Interior Leather Market Size improves the ambience of a vehicle and are intended to offer maximum comfort and better driving experience. This material also helps minimize fatigue and engine vibrations inside the vehicle. Also the interior of a vehicle majorly impacts the aesthetic appeal of the vehicle. These factors drive the growth of the market. Rising consumer preference for retrofitting of vehicles with leather upholstery, has been supporting the market growth further.
The global automobile manufacturer’s preference of cheap and easily available synthetic fabrics as over leather, will however, continue to be a major barrier to global Automotive Interior Leather Market growth.
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Market Research Analysis:
Passenger Vehicles: The largest vehicle type segment using automotive interior materials
The passenger vehicles segment, of Automotive Interior Leather Market. By vehicle type, is further segmented as compact cars, sub-compact cars, mid-size cars, sedan, luxury cars, and vans. Leather is extensively used in automotive interiors throughout the world, particularly in midrange and superior passenger vehicles. Passenger vehicles is the largest vehicle type segment using automotive interior materials. The growth of the passenger vehicles segment is attributed to high living standards, growing economy, and higher incomes. Additionally, the need for comfortable and safe commute, is expected to drive the growth of the passenger vehicles market, thus adding to the growth of the segment.
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Key Players
The key players of Global Automotive Interior Leather Industry include Johnson Controls Inc (U.S.), Toyota Boshoku Corporation (Japan), Lear Corporation (U.S.), Toyoda Gosei Co., Ltd. (Japan), and Faurecia S.A. (France), Gst Autoleather, Inc.(U.S.), DK Leather Corporation Berhad (Malaysia), BASF SE (Germany), Alea Leather Specialist Inc / Sunguard Group (U.S.) and Grammer AG (Germany).
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