Automotive Interior Leather Market

The automotive interior leather is used in the upholstery and interior of a vehicle, in order to enhance the feel and appearance of the vehicle. The passenger and driver can actually experience the texture and feel of the leather. It is an essential part of the automotive industry, which is used to enhance the esthetics of the vehicle since it can cover the infotainment center, controllers, and steering. Apart from appearance, automotive leather is used to sustain various types of fatigue such as wear & tear and scratches. The automotive interior leather is different from furniture leather as less fat liquors are used in the production of automotive interior leather, in order to make it more resistant to stretching and bagging. Moreover, automotive interior leather is adequate protection from the sun’s UV rays.

Market Dynamics

Many automakers have started to rebrand their respective compact and mid-sized car models with introduction of stylish interior features. This, in turn, has increased adoption of automotive interior leather. Consumers prefer affordable interior leather products that do not require excessive maintenance without compromising on looks. Furthermore, various interior features that were available to luxury cars are now being added in mid-size and compact cars, in order to gain an advantage over competitors and strengthen their product portfolio. According to Coherent Market Insights’ analysis, the base version of a premium car such as Chrysler had around 20% leather interiors until about a few years ago, which is expected to increase to over 40% in the near future. Moreover, growing consumer preference for luxury vehicles and rising attention on automotive interior components such as seat-belts, upholstery, seat, trunk & floor carpets, and leather-covered dashboards are compelling OEMs to lay emphasis on quality of leather used vehicle interiors. Thus, these factors are expected to drive the global automotive interior leather market growth over the forecast period.

Market Taxonomy

This report segments the Global Automotive Interior Leather Market on the basis of Material Type, Vehicle Type, Application and Region. On the basis of Material Type, Global Automotive Interior Leather Market is segmented into Genuine Leather and Synthetic Leather. Synthetic Leather is further segmented into PU Leather and PVC Leather .On the basis of Vehicle Type, the Global Automotive Interior Leather Market is segmented into Passenger Vehicles, Heavy Commercial Vehicles and Light Commercial Vehicles. Passenger vehicles are further segmented into Compact , Sub-compact, Mid-size, Sedan, Luxury and Van. On the basis of Application, the Global Automotive Interior Leather Market is segmented into Upholstery, Dashboard , Seat belts , Air-bags , Floor & trunk carpets , Headliners and Others. On the basis of region, Global Automotive Interior Leather Market is segmented into North America, Latin America, Europe, Asia pacific, Middle East and Africa.

Key features of the study:

• This report provides an in-depth analysis of the Global Automotive Interior Leather Market and provides market size (US$ Million and Million Sq. Meter) and compound annual growth rate (CAGR %) for the forecast period (2019-2027), considering 2019 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
• It profiles leading players in the global Automotive Interior Leather Market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered in the Global Automotive Interior Leather Market includes Elmo Sweden AB, D.K Leather Corporation, Scottish Leather Group Limited, GST AutoLeather Inc., Eagle Ottawa LLC, Leather Resource of America Inc., Elmo Sweden AB, Bader GmbH & Co. KG., and WOLLSDORF LEDER SCHMIDT & Co. Get.m.b.H.
• These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
• The global Automotive Interior Leather market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Global Automotive Interior Leather Market

Detailed Segmentation:

• Global Automotive Interior Leather Market, By Material Type:
  • Genuine Leather
  • Synthetic Leather
  • PU Leather
  • PVC Leather
• Global Automotive Interior Leather Market, By Vehicle Type:
  • Passenger Vehicles
    • Compact
    • Sub-compact
    • Mid-size
    • Sedan
    • Luxury
    • Van
  • Heavy Commercial Vehicles
  • Light Commercial Vehicles
• Global Automotive Interior Leather Market, By Application:
  • Upholstery
  • Dashboard
  • Seat belts
  • Air-bags
  • Floor & trunk carpets
  • Headliners
  • Others
• Global Automotive Interior Leather Market, By Region:
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa
• Company Profiles
  • Bader GmbH & Co. KG.
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments
    • Future Plans
  • K Leather Corporation
  • Eagle Ottawa LLC
  • Elmo Sweden AB
  • m.b.H.
  • GST AutoLeather Inc.
  • Leather Resource of America Inc.
  • Scottish Leather Group Limited
  • WOLLSDORF LEDER SCHMIDT & Co.

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