Home > Automotive > Automotive Materials > Textiles and Fabrics > Automotive Seat Covers Market
Fabric material segment will account for around 80% automotive seat covers market share by 2026 owing to their wide variety of options such as polyester, tweed, saddle blanket, nylon, jacquard, tricot, acrylic fur, etc. Fabric covers are less sensitive to temperature as they are resistant to scratches, wear & tear, water spills, and stains. However, the short lifecycle of fabric devalues automotive interiors, making them dull & outdated over a span of four to five years, hindering segment growth. Nevertheless, high durability, less maintenance, and soft comfortable nature of the material as seat cover will positively influence the product penetration.
The passenger cars segment generated around USD 2.9 billion revenue in 2019 driven by escalating sales of new & preowned vehicles globally along with rapidly changing consumer preferences toward seat covers for better comfort & interior aesthetics. The foremost durability requirement of automotive seat covering is resistance to light, abrasion, stain, and UV radiation. However, ease of installation and maintenance of seat covers will propel market demand.
OEMs will witness over 5% CAGR through 2026 propelled by the increasing automobile sales and consumer preferences for high-quality products. Moreover, strategic partnerships and long-standing relationships with end-users will surge OEM expansion in the market.
Several OEMs have their own distribution channels including direct sales and online sales through which they supply the product to various vehicle manufacturers. Proliferating sales of two-wheelers and passenger cars globally along with increasing disposable income will boost the segment growth.
Asia Pacific dominates automotive seat covers market size owing to continuously expanding automotive industry across various emerging economies. The region accounts for over 40% of the total industry size in 2019 and is likely to grow with a significant rate during 2020 to 2026. Availability of key raw materials and economical manufacturing coupled with the presence of several industry participants will drive the regional market revenue.