Transparency Market Research in its new report titled, “Automotive Upholstery Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026,” provides key insights on the automotive upholstery market. The TMR report anticipates that a significant rise in the number of automobiles will drive the automotive upholstery market during the forecast period i.e, 2018-2026. The rising trend of customized upholstery and other interior products is predicted to offer growth opportunities for the market players in the coming years. Furthermore, innovations and technological advancements in the field are likely to help the market players in expanding their product portfolio across the globe, says the report.
According to the report, the increasing use of non-woven fabrics is predicted to enhance the growth of the global market in the coming years. On the other hand, the changing prices of raw materials and the strict government rules and regulations for reducing hap emissions are anticipated to curtail the growth of the global automotive upholstery market in the next few years. Nevertheless, the development of the autonomous vehicles to offer new opportunities for automotive upholstery manufacturers throughout the forecast period. Moreover, the spending capacity of consumers has resulted in a high demand for vehicles, which is likely to enhance market growth in the coming years. The report also anticipates that the growing demand for technologically advanced automotive interiors will be one of the major factors expected to encourage the growth of the global automotive upholstery market in the next few years. In addition, the leading players in the market offer customization of products according to the demand of the consumers is predicted to accelerate the growth of the overall market in the coming years. The availability of diverse non-fabric substitutes and the growing demand for lightweight automotive materials are further projected to generate potential growth opportunities for the market players throughout the forecast period.
For more information visit here: Automotive Upholstery
The TMR report has classified the global automotive upholstery market on the basis of geography into the Middle East and Africa, Europe, Asia Pacific, Latin America and North America. Among these, North America is expected to account for a large share of the global automotive upholstery market in the next few years. The rising number of automobiles in this region is one of the major factors expected to encourage the growth of North America in the next few years. Furthermore, the market is expected to witness significant growth in Asia Pacific, especially in several developing economies. The high growth of this region can be attributed to the increasing disposable income of consumers and their lifestyle improvements in the last few years. Some of the leading players are mentioned in the research report to give a better competitive analysis of the market and these included Martur Automotive Seating Systems, Borgers Se & Co. KGaA, Acme Mills Company, Toyota Boshoku Corporation, Grammer AG, Grupo Antolin Irausa, S.A., Faurecia S.A., Haartz Corporation, Adient PLC, Sage Automotive Interiors, Seiren Co., Ltd., and Lear Corporation.
About Us
Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
