According to the recent research report titled ‘Global Automotive Upholstery Market Size study, by Material (Leather, Vinyl, Other Material Types) by Product (Dashboard, Seats, Roof Liners, Door Trim) and Regional Forecasts 2022-2028’ available with MarketStudyReport, global automotive upholstery market was valued at USD 6.40 billion in 2021 and is expected to generate substantial gains worth USD 9.95 billion by 2028, expanding at 6.5% CAGR through the forecast duration.

The growing automotive sector, rising demand for advanced automotive technologies and associated interiors, and increasing utilization of lightweight materials have led to the rapid expansion of the global automotive upholstery market.

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Upholstery is the technique of covering furniture with leather or cloth. Additionally, the growing usage of non-woven fabrics and the development of autonomous vehicles is expected to open up new potential for automotive interior design, which in turn will fuel the overall market size.

However, volatility in raw material prices and strict government regulations to minimize harmful emissions are likely to restrain the overall business growth in the ensuing years.

Worldwide automotive upholstery marketplace is segmented based on product type, material type, and regional overview. By product type, the market is divided into dashboard, roof liners, seats, and door trim. In terms of material type, this business space is segregated into vinyl, leather, and other material types.

The regional analysis of global automotive upholstery industry vertical spans North America, Europe, Asia Pacific, Latin America, and the rest of the world. Europe market is expected to witness a considerable growth through the forecast duration, due to increasing demand for advanced automotive technologies & interiors and rising focus on lightweight automotive materials.

Volkswagen AG, The Woodbridge Group, Adient PLC, Seiren Co. Ltd, Toyota Boshoku Corporation, Lear Corporation, Faurecia SE, Katzkin Leather Inc. (Stahl Holdings BV), IMS Nonwoven, and CMI Enterprises (JKSP Solutions) are key players defining the competitive landscape of global automotive upholstery business sphere.