The automotive seat covers market is projected to foresee commendable growth in coming years owing to rapidly changing consumer preferences towards the use of environment-friendly materials. Additionally, increasing sales of new as well as pre-owned automobiles would also drive industry share. Moreover, advancements in technology and new developments in the field of vehicle manufacturing are also expected to drive the global automotive seat covers industry over the forecast time period. Automotive seat covers market is slated to surpass a $7 billion valuation by 2026.
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In the present scenario, consumers are majorly opting for automotive seat covers that are largely made from biodegradable and environmentally sustainable materials. As per EPA, in 2017, approximately 16.9 million tons of textiles were produced, with only 15.2% of it being recycled. Considering the growing focus on environmental sustainability, various market players are also focusing on enhancing their product portfolios by frequently innovating novel solutions.
The automotive seat covers market is projected to foresee commendable growth in coming years owing to increasing sales of preowned as well as new vehicles. The ability of seat covers to retain the vehicle value, mainly by protecting seats from stains, scratches, and wear, and by providing comfort to passengers will play a major role in fueling industry expansion.
With respect to material, the overall market size is bifurcated into fabric, leather, and other materials, which comprises of PU, rubber, neoprene, PVC, and other plastic polymers. Among these, the other automotive seat cover materials segment is likely to witness more than 6.5% CAGR over the forecast time period. The anticipated segmental growth can be attributed to the fact that the product is abrasion resistant and cost-effective in nature. Likewise, high durability and longer lifecycle of these material will further positively influence their demand in the industry.
The automotive seat covers market size is classified into commercial vehicles, passenger cars, and two-wheelers. Among these, the two-wheelers segment will witness more than 6% CAGR through the estimated time period. The segmental growth can be ascribed to factors such as , rising penetration of two-wheelers across developing economies, surging adoption of seat covers in two-wheelers, and improving economic conditions. Additionally, the growth in production of two-wheelers with regards to its surging demand across these emerging economies will propel the industry growth.
Automotive seat covers market in Europe is expected to grow at a substantial rate of nearly 5% over the forthcoming time period. This projected growth is ascribed to the increasing product demand from Western European nations such as UK, Italy, France, and Germany, which are considered well-established markets for light passenger & commercial vehicles in the region. Moreover, the use of numerous e-commerce platforms like Alibaba, Europages, and Amazon across the region will also drive the regional market size. Furthermore, new product innovations and technological advancements are expected to drive the product demand across the regional market over the upcoming years.
Wollsdorf Leder Ltd, Kyowa Leather Cloth Co. ,Ltd., Saddles India Pvt. Ltd., Ruff-Tuff Products, LLC, Eleven International Co., Ltd., Lear Corporation, MarvelVinyls, Katzkin Leather, Inc., Seat Covers Unlimited, Inc., Sage Automotive Interiors Inc., and Faurecia among many others are some of the key players operating in the automotive seat covers market.
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Some Point from Table of Contents:
Chapter 5. Automotive Seat Covers Market By Vehicle
5.1. Automotive seat covers industry share by vehicle, 2019 & 2026
5.2. Passenger car
5.2.1. Global passenger car seat covers market estimate & forecast, 2016 – 2026
5.2.2. Global passenger car seat covers market estimate & forecast, by region 2016 - 2026
5.3. Commercial vehicle
5.3.1. Global commercial vehicle seat covers market estimate & forecast, 2016 – 2026
5.3.2. Global commercial vehicle seat covers market estimate & forecast, by region 2016 - 2026
5.4.1. Global two-wheeler seat covers market estimate & forecast, 2016 – 2026
5.4.2. Global two-wheeler seat covers market estimate & forecast, by region 2016 - 2026
Chapter 6. Automotive Seat Covers Market By Distribution Channel
6.1. Automotive seat covers industry share by distribution channel, 2019 & 2026
6.2.1. Global OEM automotive seat covers industry estimate & forecast, 2016 – 2026
6.2.2. Global OEM automotive seat covers industry estimate & forecast, by region 2016 - 2026
6.3.1. Global aftermarket automotive seat covers industry estimate & forecast, 2016 – 2026
6.3.2. Global aftermarket automotive seat covers industry estimate & forecast, by region 2016 - 2026
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