Automotive Fabric Market by Vehicle Type (Commercial Vehicle and Passenger Vehicle), Fabric Type, Application, and Region - Global Industry Analysis, Opportunities and Forecast up to 2029

Automotive Fabric Market Size

The global Automotive Fabric market size was valued at $39.05 billion in 2023 and is projected to reach $52.34 billion by 2029, growing at a CAGR of 5.0% during the forecast period. 

Automotive Fabric Market Dynamics

• The automotive fabric market is expected to witness significant growth in the future due to the rise in disposable income, the rise in sales of automated vehicles globally, and the implementation of stringent government safety standards for the usage of airbags, safety belts, and others. 

• Additionally, the rise in demand for environment-friendly fabric material and lightweight automotive fabrics to reduce vehicle pollution and the increase in consumer demand for safety & comfort are prominent drivers propelling the automotive fabric market demand.

• However, the availability of substitutes is restraining the market growth.

Automotive Fabric Market Overview

Fabrics used in vehicles are a special type of textiles, which are used to provide an aesthetic look to the interior of the vehicle. They are used in the acoustics of the vehicle to avoid noise and protect the interior of the vehicle from the outside environment. Automotive fabrics are knitted, woven, non-woven, coated, or composite fabrics that are elastic, lightweight, soft, flexible, and durable. In addition, they also possess high strength and are water, fire, and UV resistant.

By Application, the Airbags Segment emerges as the Dominant Segment

The airbags segment has emerged as the dominant segment during the forecast period due to the growing demand for safety devices in automobiles. In addition, the implementation of stringent safety standards for the usage of airbags in automobiles is anticipated to drive the global demand for automotive fabrics. The automotive industry is already growing at a robust pace, which will contribute to the growth of the automotive fabrics market during the forecast period.

By Geography, Asia Pacific Region Dominates by Being the Largest Market for Automotive Fabric

The Asia Pacific is the largest market for automotive fabrics due to rapid urbanization and population growth in key countries, such as China and India, accompanied by the growing demand for automobiles in this region. Moreover, major companies such as Takata Corporation and Haartz Corporation are expanding their automotive fabrics business in the region. The spending by the government to boost public infrastructure including buses & coaches in the region is also boosting the demand for automotive fabrics. The increasing economic growth rate and heavy investments in industries including automobiles is driving the demand for automotive fabrics. 

Some of the Key Players Profiled in the Report Include: 

• Adient Plc
• Grupo Antolin Irausa, S.A
• Lear Corporation
• Sage Automotive Interiors
• Seiren Co., Ltd
• SRF Limited
• Suminoe Textile Co., Ltd
• Toyota Boshoku Corporation

What Can be Explored with this Research Report?

• Understand the key trends that will drive the market and the challenges it faces in the current market scenario.
• Identify growth opportunities.
• Porter’s five force analysis.
• In-depth analysis of market segments, and regions/countries predicted to observe promising growth.
• Historical and forecast size of the market in terms of revenue (USD Million).
• Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Market by, Vehicle Type:
• Commercial Vehicle
• Passenger Vehicle

Market by, Fabric Type:
• Leather
• Nylon
• Polyester
• Vinyl

Market by, Application:
• Airbags
• Carpets/Floor Covering
• Pre-assembled Interior Components
• Safety-belts
• Tires
• Upholstery

Market by, Geography:

The Automotive Fabric Market report also analyzes the major geographic regions and countries for the market. The regions and countries covered in the study include:

• North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis
• Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
• Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
• South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
• Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis.

Table Of Content

1 Market Overview               
    1.1 Introduction           
    1.2 Research Objectives          
    1.3 Market Segmentation          
    1.4 Stakeholders           
    1.5 List of Acronyms           
                 
2 Executive Summary               
                 
3 Research Methodology              
    3.1 Identification of Data          
    3.2 Evaluation of Market Dynamics         
    3.3 Collaboration of Data          
    3.4 Verification and Analysis          
    3.5 Data Sources           
    3.6 Assumptions           
                 
4 Market Dynamics               
    4.1 Market Drivers           
           4.1.1 Rapid Economic Improvement   
           4.1.2 Rise in Sale of Vehicles   
    4.2 Market Restraints           
           4.2.1 Growing Opposition for the Use of Leather 
    4.3 Market Opportunities          
           4.3.1 Surge in Production of Passenger Vehicles in Developing Countries
    4.4 Market Challenges           
           4.4.1 Rise in Raw Material Cost   
    4.5 Impact of COVID-19 on Automotive Fabric Market        
                 
5 Porter's Five Force Analysis             
    5.1 Bargaining Power of Suppliers          
    5.2 Bargaining Power of Buyers          
    5.3 Threat of New Entrants          
    5.4 Threat of Substitutes          
    5.5 Competitive Rivalry in the Market         
                 
6 Global Automotive Fabric Market by, Vehicle Type            
    6.1 Overview           
    6.2 Commercial Vehicle          
    6.3 Passenger Vehicle           
                 
7 Global Automotive Fabric Market by, Fabric Type            
    7.1 Overview           
    7.2 Leather            
    7.3 Nylon            
    7.4 Polyester            
    7.5 Vinyl            
                 
8 Global Automotive Fabric Market by, Application            
    8.1 Overview           
    8.2 Airbags            
    8.3 Carpets/Floor Covering          
    8.4 Pre-assembled Interior Components         
    8.5 Safety-belts           
    8.6 Tires            
    8.7 Upholstery           
                 
9 Global Automotive Fabric Market by, Geography            
    9.1 Overview           
    9.2 North America           
             9.2.1 US   
             9.2.2 Canada   
             9.2.3 Mexico   
    9.3 Europe            
             9.3.1 Germany   
             9.3.2 France   
             9.3.3 UK   
             9.3.4 Italy   
             9.3.5 Spain   
             9.3.6 Rest of Europe  
    9.4 Asia Pacific           
             9.4.1 China   
             9.4.2 Japan   
             9.4.3 India   
             9.4.4 South Korea  
             9.4.5 Australia   
             9.4.6 New Zealand  
             9.4.7 Rest of Asia Pacific  
    9.5 South America           
             9.5.1 Brazil   
             9.5.2 Argentina  
             9.5.3 Chile   
             9.5.4 Rest of South America 
    9.6 Middle East & Africa          
             9.6.1 UAE   
             9.6.2 Saudi Arabia  
             9.6.3 Qatar   
             9.6.4 Iran   
             9.6.5 South Africa  
             9.6.6 Rest of Middle East & Africa 
                 
10 Key Developments               
                 
11 Company Profiling               
    11.1 Adient Plc           
             11.1.1 Business Overview  
             11.1.2 Product/Service Offering 
             11.1.3 Financial Overview  
             11.1.4 SWOT Analysis  
             11.1.5 Key Activities  
    11.2 Grupo Antolin Irausa, S.A          
    11.3 Lear Corporation           
    11.4 Sage Automotive Interiors          
    11.5 Seiren Co., Ltd           
    11.6 SRF Limited           
    11.7 Suminoe Textile Co., Ltd          
    11.8 Toyota Boshoku Corporation