USD 1.93 billion
Report ID:
SQMIG20A2117 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
60
|Figures:
75
Aircraft Seat Upholstery Market size was valued at USD 2 billion in 2022 and is poised to grow from USD 2.07 billion in 2023 to USD 2.72 billion by 2031, growing at a CAGR of 3.5% during the forecast period (2024-2031).
The global aircraft seat upholstery market is currently witnessing significant growth and is poised to continue its upward trajectory in the present scenario. With the aviation industry's ever-increasing demand for enhanced passenger comfort and the consistent surge in air travel, the market for aircraft seat upholstery is flourishing.
Airlines worldwide are realizing the importance of investing in comfortable, durable, and aesthetically appealing seat upholstery to enhance the overall flying experience for their passengers. The present market is marked by a diverse range of materials and designs, including leather, fabric, and synthetic options, all catering to various aircraft types and customer preferences.
Additionally, advancements in technology and manufacturing processes have enabled the production of lightweight, fire-resistant, and environmentally friendly upholstery solutions, further driving market expansion. Moreover, a heightened focus on reducing maintenance costs and extending seat lifespan has led to increased demand for high-quality, easy-to-clean upholstery materials.
As competition among airlines intensifies, carriers are emphasizing innovative and distinctive seat designs, opening up new opportunities for upholstery manufacturers. The Asia-Pacific region, in particular, is witnessing rapid growth in air travel, making it a key market for aircraft seat upholstery in the present time.
Overall, the global aircraft seat upholstery market is thriving, driven by continuous advancements, a surge in air passenger traffic, and the unwavering commitment of airlines to offer unparalleled comfort to their customers.
US Aircraft Seat Upholstery Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 1.93 billion
Largest Segment
Fabric
Fastest Growth
Fabric
Growth Rate
3.5% CAGR
To get more reports on the above market click here to Buy The Report
The global aircraft seat upholstery market is segmented on the basis of material, end user, and region. Based on material, the market can be segmented into fabric, leather and vinyl. Based on end user, the market is segmented into OEM and aftermarket. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Aircraft Seat Upholstery Market Analysis By Material
The dominant segment in the global aircraft seat upholstery market is currently fabric. Fabric upholstery is widely preferred by airlines due to its cost-effectiveness, durability, and a wide range of design options. It offers a good balance between comfort and maintenance, making it a popular choice for both economy and business class seats.
The fastest-growing segment in the global aircraft seat upholstery market is vinyl. Vinyl materials have improved significantly in terms of aesthetics and comfort, making them an attractive option for airlines looking to enhance passenger experience while optimizing costs. The increasing demand for sustainable and eco-friendly materials has also contributed to the rapid growth of vinyl upholstery in the aviation industry.
Aircraft Seat Upholstery Market Analysis By End user
The dominant segment in the global aircraft seat upholstery market is currently the OEM (Original Equipment Manufacturer) sector. OEMs are major aircraft manufacturers who install seat upholstery during the initial production process. Additionally, OEMs prioritize high-quality and customized seat upholstery to meet the specific requirements of airlines, further boosting their dominance in the market.
The fastest-growing segment in the global aircraft seat upholstery market is the aftermarket. As airlines look for cost-effective ways to refurbish and upgrade existing aircraft, the demand for replacement seat upholstery in the aftermarket has surged. Moreover, with advancements in seat upholstery materials and designs, airlines are increasingly investing in retrofitting older aircraft with modern and innovative upholstery options. This growing trend towards aircraft refurbishment and modernization is propelling the aftermarket segment to experience rapid growth in the present market scenario.
To get detailed analysis on other segments, Request For Free Sample Report
The dominant segment in the global aircraft seat upholstery market is currently North America. North America has a well-established aviation industry with a large number of airlines and a significant fleet of aircraft. The region's dominance can be attributed to its robust air travel demand, increasing passenger expectations for comfort, and the presence of major aircraft manufacturers and upholstery suppliers. Moreover, North American airlines are known for their focus on passenger experience, leading them to invest in high-quality and innovative seat upholstery, driving the market's growth in the region.
The fastest-growing segment in the global aircraft seat upholstery market is Asia Pacific. The region's aviation sector has been experiencing tremendous growth, primarily fueled by rising disposable incomes, urbanization, and an expanding middle-class population. As more people in Asia Pacific choose air travel, airlines in the region are actively enhancing their onboard amenities, including seat upholstery, to cater to passenger demands and preferences. Additionally, the increasing number of low-cost carriers in the region has driven the need for affordable yet comfortable seat upholstery solutions, further boosting market growth. The Asia Pacific region's potential for growth and the emergence of new airlines and aircraft orders make it the fastest-growing market for aircraft seat upholstery in the present scenario.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Aircraft Seat Upholstery Market Drivers
Increasing Air Passenger Traffic
Aircraft Seat Upholstery Market Restraints
Volatility In Raw Material Prices
Request Free Customization of this report to help us to meet your business objectives.
The competitive landscape of the global aircraft seat upholstery market is characterized by intense competition among various manufacturers and suppliers. Players in the market strive to offer a diverse range of high-quality seat upholstery materials and designs to meet the varied demands of airlines and passengers. Key factors influencing the competition include product innovation, cost-effectiveness, environmental sustainability, and adherence to stringent safety and regulatory standards. Additionally, the market's competitive dynamics are influenced by the shifting preferences of airlines towards lightweight, fire-resistant, and easy-to-maintain upholstery solutions. The emphasis on enhancing passenger comfort and the increasing focus on aircraft refurbishment in the aftermarket segment further contribute to the competitive intensity of the market.
Aircraft Seat Upholstery Market Top Player’s Company Profiles
Aircraft Seat Upholstery Market Recent Developments
Growing Emphasis On Sustainability And Eco-Friendly Materials
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our global aircraft seat upholstery market analysis, The global aircraft seat upholstery market is characterized by a thriving demand for high-quality, comfortable, and aesthetically appealing materials used in aircraft seating. With the aviation industry's continuous growth and increasing passenger expectations, airlines and manufacturers are investing in innovative upholstery solutions. The competitive landscape is marked by intense competition, with companies striving to offer diverse, sustainable, and cost-effective upholstery solutions. A key market trend is the industry's increasing focus on sustainability and eco-friendly materials to reduce the aviation sector's environmental impact. Overall, the market is buoyed by continuous advancements, growing air travel, and airlines' commitment to enhancing passenger comfort and experience.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 1.93 billion |
Market size value in 2031 | USD 2.63 billion |
Growth Rate | 3.5% |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Aircraft Seat Upholstery Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Aircraft Seat Upholstery Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Aircraft Seat Upholstery Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Aircraft Seat Upholstery Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Aircraft Seat Upholstery Market size was valued at USD 1.93 billion in 2021 and is poised to grow from USD 2 billion in 2022 to USD 2.63 billion by 2030, at a CAGR of 3.5% during the forecast period (2023-2030).
The competitive landscape of the aircraft seat upholstery market is characterized by intense competition among various manufacturers and suppliers. Players in the market strive to offer a diverse range of high-quality seat upholstery materials and designs to meet the varied demands of airlines and passengers. Key factors influencing the competition include product innovation, cost-effectiveness, environmental sustainability, and adherence to stringent safety and regulatory standards. Additionally, the market's competitive dynamics are influenced by the shifting preferences of airlines towards lightweight, fire-resistant, and easy-to-maintain upholstery solutions. The emphasis on enhancing passenger comfort and the increasing focus on aircraft refurbishment in the aftermarket segment further contribute to the competitive intensity of the market. 'Tritex Corporation (US)', 'ACC Interiors (US)', 'Tapis Corp (US)', 'International Aero Services (US)', 'Lantal Textiles AG (Switzerland)', 'Franklin Products (US)', 'OmnAvia Interiors (US)', 'Spectra Interior Products (US)', 'Aircraft Interior Products (US)', 'Douglas Interior Products (US)', 'Aviointeriors S.p.A (Italy)', 'Botany Weaving (Australia)', 'Mohawk Group (US)', 'Interface, Inc. (US)', 'Sobel Westex (US)', 'Kontec Group (Canada)', 'Fenice Care System S.p.A (Italy)', 'Inflight Canada Inc. (Canada)', 'Aerofoam Industries (US)', 'Turn-Key Processing Solutions (US)'
One key driver of the aircraft seat upholstery market is the continuous growth in air passenger traffic. As air travel becomes more accessible to a larger population and tourism increases, airlines are facing higher demands to provide enhanced passenger comfort and experience. This drives the need for comfortable, durable, and aesthetically pleasing seat upholstery, leading to an increased demand for such products in the market.
One key market trend in the above aircraft seat upholstery market is the growing emphasis on sustainability and eco-friendly materials. Airlines and manufacturers are increasingly focusing on incorporating sustainable and environmentally responsible materials in seat upholstery to align with efforts towards reducing the aviation industry's carbon footprint. This trend reflects the industry's commitment to enhancing passenger comfort while minimizing its impact on the environment through the adoption of innovative and eco-conscious upholstery solutions.
The dominant segment in the aircraft seat upholstery market is currently North America. North America has a well-established aviation industry with a large number of airlines and a significant fleet of aircraft. The region's dominance can be attributed to its robust air travel demand, increasing passenger expectations for comfort, and the presence of major aircraft manufacturers and upholstery suppliers. Moreover, North American airlines are known for their focus on passenger experience, leading them to invest in high-quality and innovative seat upholstery, driving the market's growth in the region.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG20A2117
sales@skyquestt.com
USA +1 351-333-4748