Automotive Fabric Market Size was valued at USD 41.2 Billion in 2023. The automotive fabric market industry is projected to grow from USD 43.3 Billion in 2024 to USD 61.8 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.20% during the forecast period (2024 - 2032). Increasing global vehicle production, especially in emerging markets, fuels the demand for automotive fabrics for both OEM and aftermarket applications, which is one of the key market drivers enhancing market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Market CAGR for automotive fabric is experiencing a massive boom propelled by rising vehicle production worldwide. The rising car manufacturing worldwide is a primary element contributing to the accelerated demand for car fabrics. With rising markets witnessing a surge in automotive production, there is a parallel want for upholstery materials to outfit these vehicles. According to the International Organization of Motor Vehicle Manufacturers (OICA), global vehicle production reached over 95 million gadgets in 2021, representing a sizeable market for automobile fabric. As automobile manufacturers strive to distinguish their merchandise through indoor design and luxury features, the demand for awesome fabrics maintains an upward thrust, growing opportunities for providers and manufacturers alike.
Additionally, sustainability initiatives are reshaping the landscape of the car material industry. With the development of environmental issues, automakers are under pressure to undertake green substances and manufacturing processes. This power closer to sustainability extends to interior components, along with fabrics, wherein there is a growing desire for recycled and bio-based options. For instance, corporations like Econyl produce nylon yarn from recycled substances like discarded fishing nets and carpets, which are then used in car upholstery. Moreover, regulatory mandates geared toward decreasing carbon footprint and selling circular economic system standards further incentivize the adoption of sustainable fabric inside the car quarter.
Furthermore, technological improvements are revolutionizing car fabric, enhancing both their functionality and appeal. Smart textiles embedded with sensors for temperature regulation, moisture management, and even health monitoring are gaining traction in vehicle interiors. For instance, fabric technologies utilizing phase exchange substances (PCMs) can actively alter temperature, making sure passengers are consolation regardless of external conditions. Additionally, advancements in antimicrobial treatments address hygiene worries, specifically those relevant to shared mobility and put-up-pandemic eventualities. These technological innovations now not only effectively raise driving enjoyment but additionally align with the wider tendencies of connectivity and digitization inside the car industry. Thus, driving the automotive fabric market revenue.
The Automotive Fabric Market segmentation, based on Vehicle Type, includes Passenger Cars, Light Commercial Vehicles, Heavy Trucks, and Buses & Coaches. In 2023, the Passenger Cars segment dominated the market. The growing demand for passenger vehicles globally has been a tremendous driving force. As urbanization keeps and disposable incomes boom, particularly in emerging economies, there is a growing center-elegance populace searching for private transportation solutions. This surge in passenger automobile ownership immediately translates into better demand for automobile fabrics to outfit those vehicles' interiors.
The Automotive Fabric Market segmentation, based on Application, includes Upholstery, Airbags, Floor Coverings, Safety Belts, Tires, PRIC (Pre-assembled Interior Components) and Others. In 2023, the Upholstery category generated the most income. The growing emphasis on indoor consolation and comfort functions in vehicles has propelled the demand for awesome upholstery substances. Automakers are making more and more investments in top-rate upholstery alternatives to differentiate their products and cater to the evolving expectancies of clients, particularly inside the luxurious and top-class automobile segments. From highly-priced leather upholstery to soft-touch fabric, the upholstery class offers an extensive range of substances to satisfy various client possibilities, riding its sales boom.
Figure 1: Automotive Fabric Market, by Application, 2023 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
By region, the study provides the market insights into North America, Europe, Asia-Pacific and the Rest of the World. The North American automotive fabric market area will dominate this market, and there's a growing emphasis on sustainability inside the North American automotive enterprise, with automakers and customers prioritizing green substances. North American material producers are increasingly investing in sustainable production practices and substances, positioning themselves as leaders within the inexperienced automotive fabric market. Further, the major countries studied in the market report are the US, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: AUTOMOTIVE FABRIC MARKET SHARE BY REGION 2023 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe automotive fabric market accounts for the second-largest market share. Europe is a hub for innovation and technological improvements in various industries, which include automobile textiles. European fabric producers continually invest in research and improvement to create revolutionary materials with advanced functionalities, including smart textiles, eco-friendly fabrics, and materials with more suitable durability and overall performance characteristics. These innovations cater to the evolving wishes of automakers and consumers, driving the adoption of European car fabric. Further, the German automotive fabric market held the largest market share, and the UK automotive fabric market was the fastest growing market in the European region.
The Asia-Pacific automotive fabric Market is expected to grow at the fastest CAGR from 2024 to 2032. Asia-Pacific customers increasingly seek automobiles that reflect their personal tastes and choices. This fashion has fueled the demand for customization options, such as a wide range of automotive fabric choices for vehicle interiors. From premium upholstery substances to progressive fabric blends, automobile material producers within the Asia-Pacific region are properly placed to capitalize on this fashion and cater to the numerous choices of customers. Moreover, China’s automotive fabric market held the largest market share, and the Indian automotive fabric market was the fastest growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the automotive fabric market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, automotive fabric industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global automotive fabric industry to benefit clients and increase the market sector. In recent years, the automotive fabric industry has offered some of the most significant advantages to the automotive industry. Major players in the automotive fabric market, including Autoliv Inc. (Sweden), Lear Corporation (US), Toray Industries (Tokyo), Hyosung Corporation (South Korea), Teijin Limited (Japan), Indorama Ventures Public Company (Thailand), Asahi Kasei Corporation (Japan), Toyobo Co., Ltd (Japan), Toyota Boshoku Corporation (Japan), SEIREN Co. Ltd. (Japan), and Suminoe Textile Co., Ltd. (Japan), and others, are attempting to increase market demand by investing in research and development operations.
Autoliv Inc. is one of the main international suppliers of car protection structures, specializing in the improvement and production of passive and energetic safety technology for car enterprises. With a rich history dating back to 1953, Autoliv has mounted itself as a pioneer in automobile protection, imparting modern solutions to enhance vehicle occupant safety and mitigate the danger of injuries. The corporation's product portfolio includes airbags, seatbelts, guidance wheels, and different safety components, all designed to satisfy stringent protection standards and regulatory necessities worldwide. Headquartered in Stockholm, Sweden, Autoliv operates a network of production facilities and research centers throughout the globe, serving primary automakers and car manufacturers with cutting-edge protection solutions.
Lear Corporation is a main worldwide provider of car seating and electric systems, catering to automakers internationally with a comprehensive variety of services and products. Founded in 1917, Lear has protracted-standing popularity for innovation, first-rate, and purchaser pride. The enterprise's seating department designs and manufactures a big selection of seating structures, together with whole seat assemblies, seat structures, and mechanisms, presenting consolation, protection, and customization options for vehicle interiors. In addition to seating answers, Lear's electrical structures division gives superior electric distribution systems, connectivity solutions, and digital modules to enhance automobile performance, efficiency, and connectivity. Headquartered in Southfield, Michigan, Lear Corporation operates production centers, engineering facilities, and sales places of work across the Americas, Europe, and Asia, serving essential car OEMs with enterprise-main products and technologies.
June 2023: Autoliv has recently announced that it plans to launch its first motorcycle airbag in 2025. The bag-on-bike airbag is expected to reach the market in Q1 2025, marking a significant expansion of the company's product offerings beyond automotive safety systems. This new product is part of Autoliv's commitment to innovation and safety across various modes of transportation.
October 2022: Lear revealed the introduction of ReNewKnit sueded material intended for seating and door panel use in collaboration with a major global automaker and composed of 100% recycled plastic bottles. The products are spun from polyester yarn and finished with a foam-free, recycled fleece backing to reduce water and energy consumption.
November 2021: Lear acquired InTouch Automation on November 18, 2022, to enhance its seating capabilities and Industry 4.0 strategy by integrating vital technologies for automotive seat production.
| Report Attribute/Metric | Details |
| Market Size 2023 | USD 41.2 Billion |
| Market Size 2024 | USD 43.3 Billion |
| Market Size 2032 | USD 61.8 Billion |
| Compound Annual Growth Rate (CAGR) | 5.20% (2024-2032) |
| Base Year | 2023 |
| Market Forecast Period | 2024-2032 |
| Historical Data | 2019-2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Vehicle Type, Application, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered | The US, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | Autoliv Inc. (Sweden), Lear Corporation (US), Toray Industries (Tokyo), Hyosung Corporation (South Korea), Teijin Limited (Japan), Indorama Ventures Public Company (Thailand), Asahi Kasei Corporation (Japan), Toyobo Co. Ltd (Japan), Toyota Boshoku Corporation (Japan), SEIREN Co. Ltd. (Japan), and Suminoe Textile Co., Ltd. (Japan) |
| Key Market Opportunities | · Integration of advanced features |
| Key Market Dynamics | · Consumers are increasingly prioritizing comfort, aesthetics, and personalization in their vehicle interiors, driving demand for high-quality fabrics. |
Frequently Asked Questions (FAQ) :
The Automotive Fabric Market size was valued at USD 43.3 Billion in 2023.
The global market is projected to grow at a CAGR of 5.20% during the forecast period, 2024-2032.
North America had the largest share in the global market
The key players in the market are Autoliv Inc. (Sweden), Lear Corporation (US), Toray Industries (Tokyo), Hyosung Corporation (South Korea), Teijin Limited (Japan), Indorama Ventures Public Company (Thailand), Asahi Kasei Corporation (Japan), Toyobo Co., Ltd (Japan), Toyota Boshoku Corporation (Japan), SEIREN Co. Ltd. (Japan), and Suminoe Textile Co., Ltd. (Japan)
The Passenger Cars category dominated the market in 2023.
The Upholstery category had the largest share in the global market.
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