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Increasing sales of new and preowned vehicles is expected to drive the automotive seat covers market size by 2026. Consumers are increasingly gravitating towards electric vehicles on account of benefits such as effective energy utilization, availability of charging infrastructure, cost-effective maintenance and low cost of ownership. This trend could stimulate the demand for automotive seat covers. The product helps retain vehicle value by protecting seats from stains, wear and scratches, as well as offers superior comfort to passengers.
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Automotive Seat Covers Market 2020-2026; Growth Forecast & Industry Share Report
KeyInsights Automotive Seat Covers Market : • Increasing sales of new and preowned vehicles is expected to drive the automotive seat covers market size by 2026. Consumers are increasingly gravitating towards electric vehicles on account of benefits such as effective energy utilization, availability of charging infrastructure, cost-effective maintenance and low cost of ownership. • This trend could stimulate the demand for automotive seat covers. The product helps retain vehicle value by protecting seats from stains, wear and scratches, as well as offers superior comfort to passengers.
Continued… • With such breakthroughs, Global Market Insights, Inc., estimates that the automotive seat covers market may record over USD 7 billion by 2026. In terms of material, the automotive seat covers industry is divided into fabric, leather and other materials such as rubber, PVC, PU, neoprene and other plastic polymers. The other materials segment is likely to record a CAGR of over 6.5% over the forecast period owing to the cost-effectiveness and abrasion resistance of these materials. Moreover, they are highly durable and have an extended lifecycle, making them an increasingly popular choice among customers. • With respect to vehicle, the industry is segmented into commercial vehicles, two-wheelers and passenger cars. The demand for seat covers from two-wheelers segment is projected to register a CAGR of around 6% by 2026. Escalating adoption of high-quality seat covers in two-wheelers and improving economic conditions may advocate this growth. High sales of two-wheelers in developing countries along with their increasing production may further augment industry size.
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Major Companies Automotive Seat Covers Market : • Seat Covers Unlimited Inc. • WollsdorfLeder Ltd. • Zhejiang Tianmei Automotive Seat Cover Co.Ltd • MarvelVinyls • and Saddles India Pvt. Ltd.
Regional Automotive Seat Covers Market : • Geographically speaking, the Europe automotive seat covers market is expected to grow by around 5% over the coming years. The demand for high-quality seat covers is extensively high across Western European countries like Italy, France, Germany and the UK. These countries possess a large market for passenger and light commercial vehicles. • Burgeoning use of e-commerce platforms such as Alibaba, Amazon and Europages is likely to support automotive seat cover businesses. Technological advancements and product innovations may positively impact the automotive aftermarket industry of Europe.
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