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Global Automotive Seat Cover Market is Projected to Reach US$ 56,790 Mn by 2025

Author: QYResearch | Publish date: 2018-08-20 | Views: 116
New report published by QY Research which offers insights on the global Automotive Seat Cover market. The Automotive Seat Cover market has been experiencing steady growth graph since past years. During the 2017-2025 timeline, the global market for Automotive Seat Cover is expected to reflect a 1.2x increase in the revenue growth. In 2017 the global Automotive Seat Cover market was valued at US$ 45,462 Mn and by the end of the assessment year (2025), it is estimated to touch a value more than US$ 56,790 Mn growing at a value CAGR of 2.82% throughout the period of forecast.


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Global Automotive Seat Cover Market: Market Driver and Restraint

Deprived and poor vehicle seat structure and seat material leads to severe joint, spine, and back pain, thereby resulting in an uncomfortable vehicle ride, especially on a long drive. Discomfort while driving, sometimes, results in road fatalities owing to unbearable pain caused from poor seat arrangement with material and design. This driving discomfort for both driver and passengers can be avoided by utilizing automotive seat covers on original seat upholstery, which aids high degree of driving comfort while roving and prevents the possibility of severe back and waist pain. This is a key factor that is expected to boost the automotive seat cover market at a healthy growth rate during the forecast period. Surging trend of luxurious and dynamic vehicle interior appearance is projected to augment the automotive set cover market. Variant design and attractive color of seat covers attract consumers mostly, young consumers who finds automotive seat covers quite attractive and appealing, and prefer a customized design, pattern, and color of their car interior. This another key factor that is likely to boost the adoption of the automotive seat cover during the forecast period.


Global Automotive Seat Cover Market: Key Takeaways

Attractive vehicle interior appearance and enhanced comfort comes at quiet a cost, which is expected to hamper the market. Furthermore, seat covers are not mandatory by any regulatory body governing the automotive industry around the world, and usage is directly dependent on vehicle-user preference, which is major restraint for the automotive seat cover market.


Global Automotive Seat Cover Market: Forecast by Type

The PVC fabric material segment accounts for a prominent market share of automotive seat cover. This is due to the economic cost and esthetic appearance of the material that attracts the small size passenger and light commercial vehicle user. The PVC fabric segment is projected to maintain its position as a prominent segment among other material type segments. Rising sales of small segment cars across the globe are expected to boost the PVC fabric segment, as it is more cost-effective than the other fabric segments.


In terms of fabric, tricot is a highly attractive segment of the automotive seat cover market. This is due to high efficiency of the fabric during production, avoids loops knocking over and straggling. Tricot fabric are warp knitted fabrics that can be designed into various shapes, textures, sizes, and patterns. This is projected to fuel the demand and sales of the tricot segment, which in turn is estimated to boost the automotive seat cover market in the near future.


Global Automotive Seat Cover Market: Forecast by Application

The passenger vehicle segment dominates the automotive seat cover market. Major expansion of the segment is due to the high production of passenger vehicles. Passenger vehicle users are more concerned about comfort and esthetic appearance of their vehicle’s interior. Automotive seat covers are highly attractive in premium cars and their appealing vehicle interiors attract vehicle users. Furthermore, seat covers integrated with cushion offers additional comfort while driving and traveling.


The aftermarket sales channel segment leads the automotive seat cover market as compared to the OEMs segment. An abundant variety of seat cover offerings with numerous colors, types, and designs, coupled with an increasing trend of customized vehicle seat covers and regular replacement of the automotive seat covers after a certain time period have led to the high market share held by the aftermarket segment.


Global Automotive Seat Cover Market: Forecast by Region

In terms of region, Asia Pacific dominates the global automotive seat cover market and is expected to remain dominant during the forecast period. This is due to the higher production of vehicles and rise in vehicle export in the region. Countries such as China and India are among the prominent global manufacturers of automobiles. Furthermore, expansion of transport & logistic is another factor boosting the sales and production of vehicles in the region. Global auto manufacturers have invested in the region owing to inexpensive labor cost and availability of land at lower cost and rising economies of countries in the region, which in turn is boosting the auto sector in the region.


Global Automotive Seat Cover Market: Key Players

Prominent players operating in the global automotive seat cover market include Coverking, Exco Technologies Limited, Faurecia, FHGROUP, Johnson Controls, MarvelVinyls, Pecca Group Berhad, and Sage Automotive Interiors, Lear Corporation, Seat Covers Unlimited, Suminoe Textile Co., Ltd., and Wollsdorf Leder. Key seat cover manufacturers are focusing on expansion of their seat covers offerings with diverse textures, colors, and patterns.


Click to view the full report TOC, figure and tables

https://www.qyresearch.com/index/detail/402425/global-automotive-seat-cover-sales-market

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