Automotive Seat Cover Market to Experience Significant Growth of USD 90.16 Billion by 2028
The report focuses on the market trends, demand spectrum, and future prospects of this industry over the forecast period from 2022 to 2028
NEWARK, UNITED STATES, October 10, 2022 /EINPresswire.com/ -- As per reports published by Fior Markets, The Automotive Seat Covers market is expected to grow from USD 63.4 Billion in 2020 to USD 90.16 Billion by 2028, at a CAGR of 4.5% during the forecast period 2021-2028.
The automobile seat cover is a car accessory that protects the original seat fabric, avoiding wear and tear, stains, and other problems. An ideal seat cover has high durability, ease of flexibility, and dust resistance. An automotive seat cover's primary purpose is to protect the original seat fabric while increasing passenger comfort. Automobile seat covers come in a variety of materials, finishes, designs, and color schemes.
Seat coverings provide comfort for car occupants while also adding a touch of personal flair to the vehicle's interior. Manufacturers are investing in the development of high-quality seat coverings that will improve consumers' travel experiences. They've also been strategically engineered to prevent the negative consequences of sedentary postures, including back and waist discomfort, among other things. Automobile manufacturers are also producing seat coverings in various styles and colors to appeal to their desired target market consumers. Another essential aspect expected to increase the automobile seat cover market over the projected period is this.
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The automotive seat cover market is projected to witness considerable developments in the upcoming decade with the entry of a range of lightweight and sustainable materials. In the coming years, new structural and lightweight materials have acquired considerable momentum, resulting in consistent expansion in the car seat cover market. Because of low financing prices, efficient energy consumption, cost-effective maintenance, and the deployment of charging infrastructure, the demand for automotive seat coverings have grown significantly. Additionally, the increasing e-commerce platforms for automotive parts and accessories, which give simple purchasing and exchanging options at affordable prices, would boost demand for vehicle seat coverings. OEMs, workshop chains, and distributors increase their online presence and develop new platforms to get the upper hand. Furthermore, the market for vehicle seat covers is being encouraged by the growing popularity of rental services. Car rental or car-sharing services are provided by Ola, Uber, Zap, and ZoomCar, among others. Because of the convenience and cost savings, the public favors such services. This tendency has increased passenger automobiles on the road, boosting the Automotive Seat Cover market indirectly. Fluctuating raw material costs and restrictive laws on the extraction and production of raw materials, such as animal skin leather, have hampered market demand. Several environmental restrictions, such as garbage disposal and chemical discharge, may limit the market share. Every few days, market trends for automobile interiors change, presenting new possibilities for the industry. The demand for these items continues to rise as more individuals follow trends and aesthetics.
Zhejiang Tianmei Auto Seat cover Co., LTD, Exco Technologies Ltd, Katzkin Leather, Inc., Johnson Control International Plc, Faurecia, Suminoe Textile Co. Ltd, Lear Corporation, Seat Covers Unlimited, Sage Automotive Interiors, Saddles India Pvt Ltd, Pecca Group Berhad, Coverking, Wollsdorf Leder, KYOWA LEATHER CLOTH CO. Ltd. are some of the primary players in the global Automotive Seat Cover Market. Key competitors are currently focusing on product innovations, mergers and acquisitions, latest advancements, joint ventures, collaborations, and partnerships to obtain a significant market share in the global Automotive Seat Covers market.
The fabric segment dominated the market with the largest market share of 83% in the year 2020.
Based on the material, the Automotive Seat Cover market is segmented into Leather, Fabrics, and others. The fabric segment dominated the market with the largest market share of 83% in the year 2020. It's because there are so many choices in this category, such as polyester, tweed, saddle blanket, nylon, jacquard, tricot, acrylic fur, and so on. Fabric covers are less sensitive to temperature and are resistant to scratches, wear and tear, water spills, and stains. Also, the material's excellent durability, low maintenance, and soft, pleasant character as a seat cover have had a beneficial impact on the product's market adoption. The fabric segment is free of animal cruelty, due to which there are preferred over leather. The leather segment is expected to increase its market share due to the innovation of artificial leather extracted from plants.
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The Passenger vehicle segment dominated the market with the largest market share of 54% in 2020.
Based on the Vehicle Type, the Automotive Seat Cover market is segmented into Passenger cars, Commercial vehicles, and Two-wheelers. The Passenger vehicle segment dominated the market with the largest market share of 54% in 2020. This is due to the increase in the production and sale of passenger cars worldwide due to the rise in disposable income and affordable and accessible financing options available in the market.
Regional Segment of Automotive Seat Covers Market
North America (U.S., Canada, Mexico)
Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
Asia-Pacific (China, Japan, India, Rest of APAC)
South America (Brazil and Rest of South America)
The Middle East and Africa (UAE, South Africa, Rest of MEA)
Based on geography, the global Automotive Seat Covers market is classified into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The Asia Pacific region dominated the market with the largest market share of 45% in 2020. It is the combination of rising disposable income and urbanization that has pushed a large portion of the population to purchase a personal car. The automobile seat cover market is being propelled by shifting tastes in car accessories in the region, which has the most outstanding young people. Furthermore, the area is seeing a rapid increase in car customization, which is helping to drive market expansion. The regional market revenue will be driven by the availability of essential raw materials and cost-effective production, and the existence of many industry participants.
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About the report:
The global Automotive Seat Cover market is analysed on the basis of value (USD billion). All the segments have been analysed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment. The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insights of the market. The study includes porter’s five forces model, attractiveness analysis, raw material analysis, and competitors’ position grid analysis.
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