Europe Automotive Fabric Market Forecast to 2030
Europe Automotive Fabric Market Forecast to 2030 – Regional Analysis – by Component (Carpet, Headliner, Hood Liner, Insulation, Seat Covering Material, and Others) and Material (Textiles, Artificial Leather, Genuine Leather, and Artificial Suede)
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Description
Rising Focus on Automotive Aesthetics and Interior Quality Fuel the Europe Automotive Fabric Market
The focus on developing automotive interior and exterior aesthetics and properties has increased, owing to consumer emphasis on quality and aesthetics, which drives the demand for automotive fabrics. Governments of various countries imposed stringent safety regulations, including the mandatory installation and use of seat belts, airbags, and anti-lock braking systems to promote in-vehicle safety, which is boosting the demand for high-performing and safe automotive fabric materials. Automotive fabric is used extensively in car interiors for seats, door panels, and headliners. The choice of fabric significantly impacts the interior design, offering a wide range of colors, textures, and patterns to match the desired aesthetic. Automotive fabric enhances the overall perception of a vehicle and creates a look of luxury for passengers. Advancements in fabric technology have led to innovative features such as stain resistance, climate control, and smart textiles, which can enhance the aesthetic and functionality of car interiors. Automotive manufacturers utilize specific fabrics and color schemes to establish brand identity and consistency across their product lines, making the car instantly recognizable to consumers. Thus, the rising focus on automotive aesthetics and interior quality fuels the automotive fabric market growth.
Europe Automotive Fabric Market Overview
According to a report by the International Energy Agency in 2022, sales of electric vehicles reached 2.3 million units in Europe in 2021 (a rise from 1.4 million in 2020). According to the International Trade Administration report published in 2022, increased investment in the automotive industry creates lucrative opportunities for automotive components and materials manufacturers. Turkey marks the presence of 48,000 hybrid and 2,000 electric vehicles on the roads and ~800 vehicle charging stations as of 2022. Therefore, the electric vehicle market is expected to grow exponentially with rising investments, positively impacting the Turkish mobility market, which is anticipated to reach US$ 90 billion by 2030. According to the report published by the government of Spain in 2020, the government declared a budget of US$ 4.1 billion to strengthen the country’s automotive sector. It presented the “Plan to Boost the Automotive Industry’s Value Chain toward Sustainable and Connected Mobility.” According to the European Commission, European countries are among the top technical and industrial textiles producers. Automotive fabric is extensively used in automotive carpeting, trunk area, interior trims, soundproofing and insulation. Further, the widespread presence of the automotive and textile industries across Europe is expected to fuel the automotive fabric market in Europe during the forecast period.
Europe Automotive Fabric Market Revenue and Forecast to 2030 (US$ Million)
Europe Automotive Fabric Market Segmentation
The Europe automotive fabric market is segmented based on component, material, and country. Based on component, the Europe automotive fabric market is segmented into carpet, headliner, hood liner, insulation, seat covering material, and others. The carpet segment held the largest market share in 2022.
In terms of material, the Europe automotive fabric market is segmented into textiles, artificial leather, genuine leather, and artificial suede. The textiles segment held the largest market share in 2022.
Based on country, the Europe automotive fabric market is segmented into the UK, Germany, France, Italy, Russia, Poland, Sweden, and the Rest of Europe. The Rest of Europe dominated the Europe automotive fabric market share in 2022.
Lear Corp, Bader GmbH & Co KG, BOXMARK Leather GmbH & Co KG, AUNDE Group SE, Grupo Empresarial Copo SA, Shawmut Corp, Dual Borgstena Textile Portugal Unipessoal Lda, and Seiren Co Ltd are some of the leading companies operating in the Europe automotive fabric market.
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According to the Research Team’ research, the Europe automotive fabric market was valued at US$ 7,282.55 million in 2022 and is expected to reach US$ 10,504.98 million by 2030, registering a CAGR of 4.7% from 2022 to 2030. Innovative technological development in automotive fabric industry and rising focus on automotive aesthetics and interior quality are among the critical factors attributed to the Europe automotive fabric market expansion.
Many manufacturers are involved in product innovations related to automotive fabrics. To manage the rise in demand and supply capabilities, manufacturers are incorporating various legal and consumer requirements to launch environment-friendly, technologically advanced, and legally approved fabric materials. Development of coatings that provide resistance to stains, water and UV radiations, help in maintaining the appearance and durability of automotive fabric. The continuous research into developing fabrics that can accommodate airbags while ensuring customer safety, thereby prompting development of tear-resistant materials and seamless integration. Moreover, the significant use of knitted and woven fabrics, owing to their improved flexibility, comfort, stretchability, and better visual quality, promotes the demand for such fabrics. The manufacturers prefer lightweight composite material, which possesses minimal moisture content and is integrated with advanced adhesive technology to regulate sealing, vibration, and harshness in vehicles. Also, the use of fabrics in floor covering to absorb noise and vibration enhances the overall customer experience. Thus, a rise in innovative technological developments in the automotive fabric industry is likely to generate several growth opportunities for the market in the coming years.
On the contrary, harmful effects of PVC and PU and durability issues of synthetic leather hampers the growth of Europe automotive fabric market.
Based on component, the Europe automotive fabric market is categorized into carpet, headliner, hood liner, insulation, seat covering material, and others. The carpet segment held 41.7% market share in 2022, amassing US$ 3,036.13 million. It is projected to garner US$ 4,598.77 million by 2030 to expand at 5.3% CAGR during 2022-2030.
In terms of material, the Europe automotive fabric market is categorized into textiles, artificial leather, genuine leather, and artificial suede. The textiles segment held 42.6% share of Europe automotive fabric market in 2022, amassing US$ 3,102.05 million. It is projected to garner US$ 4,593.09 million by 2030 to expand at 5.0% CAGR during 2022-2030.
Based on country, the Europe automotive fabric market has been categorized into Germany, France, the UK, Italy, Russia, Poland, Sweden, and the Rest of Europe. Our regional analysis states that the Rest of Europe captured 44.1% share of Europe automotive fabric market in 2022. It was assessed at US$ 3,208.12 million in 2022 and is likely to hit US$ 4,459.40 million by 2030, exhibiting a CAGR of 4.2% during 2022-2030.
Key players operating in the Europe automotive fabric market are Lear Corp, Bader GmbH & Co KG, BOXMARK Leather GmbH & Co KG, AUNDE Group SE, Grupo Empresarial Copo SA, Dual Borgstena Textile Portugal Unipessoal Lda, Shawmut Corp, and Seiren Co Ltd, among others.
In Mar 2022, Lear Acquired Leading Seating Materials Specialist Thagora.
In Sep 2021, Shawmut Corporation Debuted Neoluxe Fabric Family At 2021 IAA Mobility Conference.
o Highlights key business priorities in order to assist companies to realign their business strategies
o The key findings and recommendations highlight crucial progressive industry trends in the Europe automotive fabric market, thereby allowing players across the value chain to develop effective long-term strategies
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
o Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Europe automotive fabric market, as well as those hindering it
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
TABLE OF CONTENTS
1. Introduction
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
2.2.1 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Automotive Fabric Market Landscape
4.1 Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Intensity of Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 Automotive Fabric Manufacturers
4.3.3 Distributors/Suppliers
4.3.4 End-Use Industries
5. Europe Automotive Fabric Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Vehicle Production and Sales
5.1.2 Rising Focus on Automotive Aesthetics and Interior Quality
5.2 Market Restraints
5.2.1 Harmful Effects of PVC and PU and Durability Issues of Synthetic Leather
5.3 Market Opportunities
5.3.1 Innovative Technological Development in Automotive Fabric Industry
5.4 Future Trends
5.4.1 Adoption of Sustainable Fabrics
5.5 Impact Analysis
6. Automotive Fabric Market – Europe Market Analysis
6.1 Europe Automotive Fabric Market Revenue (US$ Million)
6.2 Europe Automotive Fabric Market Forecast and Analysis
7. Europe Automotive Fabric Market Analysis – Component
7.1 Carpet
7.1.1 Overview
7.1.2 Carpet Market Revenue and Forecast to 2030 (US$ Million)
7.2 Headliner
7.2.1 Overview
7.2.2 Headliner Market Revenue and Forecast to 2030 (US$ Million)
7.3 Hood Liner
7.3.1 Overview
7.3.2 Hood Liner Market Revenue and Forecast to 2030 (US$ Million)
7.4 Insulation
7.4.1 Overview
7.4.2 Insulation Market Revenue and Forecast to 2030 (US$ Million)
7.5 Seat Covering Material
7.5.1 Overview
7.5.2 Seat Covering Material Market Revenue and Forecast to 2030 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others Market Revenue and Forecast to 2030 (US$ Million)
8. Europe Automotive Fabric Market Analysis – Material
8.1 Textiles
8.1.1 Overview
8.1.2 Textiles Market Revenue, and Forecast to 2030 (US$ Million)
8.2 Artificial Leather
8.2.1 Overview
8.2.2 Artificial Leather Market Revenue and Forecast to 2030 (US$ Million)
8.3 Genuine Leather
8.3.1 Overview
8.3.2 Genuine Leather Market Revenue and Forecast to 2030 (US$ Million)
8.4 Artificial Suede
8.4.1 Overview
8.4.2 Artificial Suede Market Revenue and Forecast to 2030 (US$ Million)
9. Europe Automotive Fabric Market – Country Analysis
9.1 Europe
9.1.1 Europe Automotive Fabric Market Overview
9.1.2 Europe Automotive Fabric Market Revenue and Forecasts and Analysis – By Countries
9.1.2.1 Automotive Fabric Market Breakdown by Country
9.1.2.2 Germany Automotive Fabric Market Revenue and Forecasts to 2030 (US$ Million)
9.1.2.2.1 Germany Automotive Fabric Market Breakdown by Component
9.1.2.2.2 Germany Automotive Fabric Market Breakdown by Material
9.1.2.3 France Automotive Fabric Market Revenue and Forecasts to 2030 (US$ Million)
9.1.2.3.1 France Automotive Fabric Market Breakdown by Component
9.1.2.3.2 France Automotive Fabric Market Breakdown by Material
9.1.2.4 Italy Automotive Fabric Market Revenue and Forecasts to 2030 (US$ Million)
9.1.2.4.1 Italy Automotive Fabric Market Breakdown by Component
9.1.2.4.2 Italy Automotive Fabric Market Breakdown by Material
9.1.2.5 UK Automotive Fabric Market Revenue and Forecasts to 2030 (US$ Million)
9.1.2.5.1 UK Automotive Fabric Market Breakdown by Component
9.1.2.5.2 UK Automotive Fabric Market Breakdown by Material
9.1.2.6 Russia Automotive Fabric Market Revenue and Forecasts to 2030 (US$ Million)
9.1.2.6.1 Russia Automotive Fabric Market Breakdown by Component
9.1.2.6.2 Russia Automotive Fabric Market Breakdown by Material
9.1.2.7 Poland Automotive Fabric Market Revenue and Forecasts to 2030 (US$ Million)
9.1.2.7.1 Poland Automotive Fabric Market Breakdown by Component
9.1.2.7.2 Poland Automotive Fabric Market Breakdown by Material
9.1.2.8 Sweden Automotive Fabric Market Revenue and Forecasts to 2030 (US$ Million)
9.1.2.8.1 Sweden Automotive Fabric Market Breakdown by Component
9.1.2.8.2 Sweden Automotive Fabric Market Breakdown by Material
9.1.2.9 Rest of Europe Automotive Fabric Market Revenue and Forecasts to 2030 (US$ Million)
9.1.2.9.1 Rest of Europe Automotive Fabric Market Breakdown by Component
9.1.2.9.2 Rest of Europe Automotive Fabric Market Breakdown by Material
10. Competitive Landscape
10.1 Heat Map Analysis By Key Players
11. Industry Landscape
11.1 Overview
11.2 New Product Development
11.3 Merger and Acquisition
12. Company Profiles
12.1 Lear Corp
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Bader GmbH & Co KG
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 BOXMARK Leather GmbH & Co KG
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 AUNDE Group SE
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Grupo Empresarial Copo SA
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Dual Borgstena Textile Portugal Unipessoal Lda
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Shawmut Corp
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Seiren Co Ltd
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
LIST OF TABLES
Table 1. Automotive Fabric Market Segmentation
Table 2. Europe Automotive Fabric Market Revenue and Forecasts to 2030 (US$ Million)
Table 3. Europe Automotive Fabric Market Revenue and Forecasts to 2030 (US$ Million) – Component
Table 4. Europe Automotive Fabric Market Revenue and Forecasts to 2030 (US$ Million) – Material
Table 5. Germany Automotive Fabric Market Revenue and Forecasts to 2030 (US$ Million) – By Component
Table 6. Germany Automotive Fabric Market Revenue and Forecasts to 2030 (US$ Million) – By Material
Table 7. France Automotive Fabric Market Revenue and Forecasts to 2030 (US$ Million) – By Component
Table 8. France Automotive Fabric Market Revenue and Forecasts to 2030 (US$ Million) – By Material
Table 9. Italy Automotive Fabric Market Revenue and Forecasts to 2030 (US$ Million) – By Component
Table 10. Italy Automotive Fabric Market Revenue and Forecasts to 2030 (US$ Million) – By Material
Table 11. UK Automotive Fabric Market Revenue and Forecasts to 2030 (US$ Million) – By Component
Table 12. UK Automotive Fabric Market Revenue and Forecasts to 2030 (US$ Million) – By Material
Table 13. Russia Automotive Fabric Market Revenue and Forecasts to 2030 (US$ Million) – By Component
Table 14. Russia Automotive Fabric Market Revenue and Forecasts to 2030 (US$ Million) – By Material
Table 15. Poland Automotive Fabric Market Revenue and Forecasts to 2030 (US$ Million) – By Component
Table 16. Poland Automotive Fabric Market Revenue and Forecasts to 2030 (US$ Million) – By Material
Table 17. Sweden Automotive Fabric Market Revenue and Forecasts to 2030 (US$ Million) – By Component
Table 18. Sweden Automotive Fabric Market Revenue and Forecasts to 2030 (US$ Million) – By Material
Table 19. Rest of Europe Automotive Fabric Market Revenue and Forecasts to 2030 (US$ Million) – By Component
Table 20. Rest of Europe Automotive Fabric Market Revenue and Forecasts to 2030 (US$ Million) – By Material
Table 21. Company Positioning & Concentration
LIST OF FIGURES
Figure 1. Automotive Fabric Market Segmentation, By Country
Figure 2. Porter’s Five Forces Analysis
Figure 3. Ecosystem: Automotive Fabric Market
Figure 4. Market Dynamics: Europe Automotive Fabric Market
Figure 5. Automotive Fabric Market Impact Analysis of Drivers and Restraints
Figure 6. Europe Automotive Fabric Market Revenue (US$ Million), 2020 – 2030
Figure 7. Automotive Fabric Market Share (%) – Component, 2022 and 2030
Figure 8. Carpet Market Revenue and Forecasts to 2030 (US$ Million)
Figure 9. Headliner Market Revenue and Forecasts to 2030 (US$ Million)
Figure 10. Hood Liner Market Revenue and Forecasts to 2030 (US$ Million)
Figure 11. Insulation Market Revenue and Forecasts to 2030 (US$ Million)
Figure 12. Seat Covering Material Market Revenue and Forecasts to 2030 (US$ Million)
Figure 13. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 14. Europe Automotive Fabric Market Share (%) – Material, 2022 and 2030
Figure 15. Textiles Market Revenue and Forecasts to 2030 (US$ Million)
Figure 16. Artificial Leather Market Revenue and Forecasts to 2030 (US$ Million)
Figure 17. Genuine Leather Market Revenue and Forecasts to 2030 (US$ Million)
Figure 18. Artificial Suede Market Revenue and Forecasts to 2030 (US$ Million)
Figure 19. Europe Automotive Fabric Market, by Key Countries – Revenue (2022) (US$ Million)
Figure 20. Automotive Fabric Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 21. Germany Automotive Fabric Market Revenue and Forecasts to 2030 (US$ Million)
Figure 22. France Automotive Fabric Market Revenue and Forecasts to 2030 (US$ Million)
Figure 23. Italy Automotive Fabric Market Revenue and Forecasts to 2030 (US$ Million)
Figure 24. UK Automotive Fabric Market Revenue and Forecasts to 2030 (US$ Million)
Figure 25. Russia Automotive Fabric Market Revenue and Forecasts to 2030 (US$ Million)
Figure 26. Poland Automotive Fabric Market Revenue and Forecasts to 2030 (US$ Million)
Figure 27. Sweden Automotive Fabric Market Revenue and Forecasts to 2030 (US$ Million)
Figure 28. Rest of Europe Automotive Fabric Market Revenue and Forecasts to 2030 (US$ Million)
The List of Companies – Europe Automotive Fabric Market
1. Lear Corp
2. Bader GmbH & Co KG
3. BOXMARK Leather GmbH & Co KG
4. AUNDE Group SE
5. Grupo Empresarial Copo SA
6. Dual Borgstena Textile Portugal Unipessoal Lda
7. Shawmut Corp
8. Seiren Co Ltd
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