• Wed. Nov 16th, 2022

Automotive Interior Leather Market – 2022-2026 | Increased improvement in passenger car sales with financing flexibility to drive market growth

ByElla E. Kidwell

Jun 23, 2022

Key Market Dynamics:

  • market engine
    • Auto loans are an important part of the auto industry and the main driver of vehicle sales. As a result, car glove box sales are on the rise. Auto financing accounts for a substantial portion of all new car sales. Auto financing choices and new car sales are inextricably linked. Financial firms now have better access to liquidity which can be made available to consumers as the credit environment improves. This has increased competition among auto financing and leasing providers, prompting them to implement various incentive programs.
  • Market challenges
    • Suppliers in the automotive materials market are under great pressure to reduce costs and produce high quality materials to meet the quality control and testing requirements of OEMs and tire suppliers. They must keep production costs low in order to meet demand requirements and deliver high-quality products or risk failure. Interior leather manufacturers that serve the automotive industry have begun looking for ways to cut costs while maintaining high quality requirements.

Learn more about additional key factors, trends and challenges available with Technavio. Read the sample report now!

The Automotive Interior Leather market report is segmented by Type (Passenger Cars, LCVs and HCVs) and Geography (EuropeACPA, North America, South America, and MEA). APAC will be the top region with 37% of the market growth over the forecast period. Germany, ChinaUnited States, Franceand Japan are the key automotive interior leather market in Asia-Pacific.

View sample report for additional information on the contribution of all segments and regional opportunities in the report.

Some companies mentioned with their offers

The report analyzes the competitive landscape of the market and offers information about several vendors in the market including:

    • Adient S.A.
    • Alfatex Italy Srl
    • Ctl Leather Inc.
    • Faurecia SE
    • Spa Gruppo Mastrotto
    • Katzkin Interiors Inc.
    • Lear Corp.
    • Sage Automotive Interiors Inc.
    • Toyota Boshoku Corp.
    • Wollsdorf Leder Schmidt and Co Ges.MBH

To access more supplier profiles with their key offerings available with Technavio, Click here

Automotive Interior Leather Market Scope

Technavio presents a detailed picture of the market through the study, synthesis and summation of data from several sources. Our Automotive Interior Leather Market report covers the following areas:

Suppliers in the automotive materials market are under great pressure to maintain costs and provide high quality materials to meet rigorous quality controls and testing set by OEMs and tire suppliers-1. They must limit production costs to meet demand requirements and provide high quality products because they are prone to failure. Interior leather manufacturers that cater to automotive needs have begun to explore various ways to contain production costs while maintaining quality standards. However, as the cost of labor is gradually increasing in these countries, manufacturers will find it difficult to keep production costs low during the forecast period.

Automotive Interior Leather Market Highlights

  • Market CAGR over the forecast period 2022-2026
  • In-depth information on factors that will contribute to the growth of the Automotive Interior Leather Market over the next five years
  • Estimation of the automotive interior leather market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive interior leather market
  • Market Competitive Landscape Analysis and Detailed Vendor Information
  • Comprehensive details of the factors that will challenge the growth of the Automotive Interior Leather Market vendors.

Contact our analysts for more personalized reports according to your needs. Talk to an analyst now!

Related reports:

Automotive in Vehicle Air Purifiers Market by Vehicle Type and Geography – Forecast and Analysis 2022-2026

Two Wheel Braking Systems Market by Application and Geography – Forecast and Analysis 2022-2026

Automotive Interior Leather Market Scope

Report cover

Details

Page number

120

base year

2021

Forecast period

2022-2026

Growth momentum and CAGR

Slowing down to a CAGR of 6.81%

Market Growth 2022-2026

$10.96 billion

Market structure

Fragmented

Annual growth (%)

8.97

Regional analysis

Europe, APAC, North America, South America and MEA

Successful market contribution

Asia-Pacific at 37%

Main consumer countries

Germany, China, United States, France and Japan

Competitive landscape

Leading Companies, Competitive Strategies, Consumer Engagement Reach

Profiled Key Companies

Adient Plc, Alfatex Italia Srl, Ctl Leather Inc., Faurecia SE, Gruppo Mastrotto Spa, Katzkin Interiors Inc., Lear Corp., Sage Automotive Interiors Inc., Toyota Boshoku Corp. and Wollsdorf Leder Schmidt and Co Ges.MBH

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID-19 Impact and Recovery Analysis and Future Consumer Dynamics, Market Status Analysis market for the forecast period

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents

Summary

Market landscape

  • Market ecosystem
  • Value chain analysis

Market sizing

  • Market definition
  • Market segment analysis
  • Market size 2021
  • Market outlook: forecast for 2021 – 2026

Five forces analysis

  • The bargaining power of buyers
  • Bargaining power of suppliers
  • The threat of new entrants
  • The threat of substitutes
  • Threat of rivalry
  • Market state

Market segmentation by vehicle type

  • Market segments
  • Comparison by vehicle type
  • Passenger cars – Market size and forecast 2021-2026
  • LCV – Market size and forecast 2021-2026
  • HCV – Market size and forecast 2021-2026
  • Market Opportunity by Vehicle Type

Customer landscape

Geographic landscape

  • Geographic segmentation
  • Geographic comparison
  • Europe – Market size and forecast 2021-2026
  • APAC – Market size and forecast 2021-2026
  • North America – Market size and forecast 2021-2026
  • South America – Market size and forecast 2021-2026
  • MEA – Market size and forecast 2021-2026
  • Main leading countries
  • Market Opportunity by Geography
  • Market factors
  • Market challenges
  • Market trends

Supplier Landscape

  • Supplier Landscape
  • Landscape disturbance

Vendor analysis

  • Suppliers Covered
  • Positioning on the supplier market
  • Adient S.A.
  • Alfatex Italy Srl
  • Ctl Leather Inc.
  • Faurecia SE
  • Spa Gruppo Mastrotto
  • Katzkin Interiors Inc.
  • Lear Corp.
  • Sage Automotive Interiors Inc.
  • Toyota Boshoku Corp.
  • Wollsdorf Leder Schmidt and Co Ges.MBH

Annex

  • Report scope
  • Currency conversion rates for the US dollar
  • Research methodology
  • Abreviations list

About Us

Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With more than 500 industry analysts, Technavio’s library of reports Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. Technavio’s exploitable market to identify opportunities in existing and potential markets and assess their competitive positions in changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Manager
USA: +1 844 364 1100
UK: +44 203 893 3200
E-mail:[email protected]
Website: www.technavio.com/

SOURCETechnavio