A recent report published by Infinium Global Research on aircraft seat upholstery market provides an in-depth analysis of segments and sub-segments in the global as well as regional aircraft seat upholstery market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional aircraft seat upholstery market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global aircraft seat upholstery market. According to the report, the global aircraft seat upholstery market is projected to grow at a CAGR of 6.5% over the forecast period of 2019-2025.
The aircraft seat upholstery market is growing prominently owing to an increasing number of premium economy seats in passenger aircraft and increasing demand for customized first class. Further the growth of the global economy, air travel is booming, therefore the demand for quality in flying is growing fast. Moreover, the growing demand from passengers and the innovative developments has led aircraft seat upholstery market to keep growing.
Commercial airline changes their seat upholstery after every four to five years owing to wear and tear of seats over time. This is driving the aircraft seat upholstery market. Further, the passenger requirement for good seating comfort and long flight, result in rising demand for maintenance and replacement of seats for providing comfort to the passenger. This, in turn, augments demand for the market. Additionally, the increasing level of consumer disposable income across the globe is impacting the demand for premium air travel is likely to have a positive impact on market growth. However, the shortage of seat suppliers is restraining the growth of the market. Moreover, the upholstery manufacturing companies focus on design that reducing weight rather than adding opulence by replacing the typical heavy mechanical components of a seat with innovative cushion structures. This is providing growth opportunities for the aircraft seat upholstery market.
Asia Pacific is holding the largest share for aircraft seat upholstery market owing to the increase in air passenger traffic from countries such as China, Japan, India and other parts of the APAC region. Further, the emerging markets require new aircraft to meet the fast-growing traffic demand. Hence, new airlines are being launched in emerging economies that contribute to the growth of aircraft seat upholstery market in this region.
The report on global aircraft seat upholstery market covers segments such as material type, seat cover type, seat type, and aircraft type. On the basis of material type, the sub-markets include fabric, leather, and vinyl. On the basis of seat cover type, the sub-markets include bottom covers, back rest, armrests, headrests, and seat rear pockets. On the basis of seat type, the sub-markets include first class, business class, premium economy class, and economy class. On the basis of aircraft type, the sub-markets include narrow-body aircraft, wide-body aircraft, very large aircraft, regional transport aircraft, business jets, general aviation aircraft, and helicopters.
The report provides profiles of the companies in the market such as Lantal Textiles AG, Aircraft Cabin Modification GmbH, Fenice Care System S.p.A. Unip, ACC Interiors, Aerotex Aircraft Interiors, Franklin Products, International Aero Services, Perrone Aerospace, J.H. Nunn Associates, and Spectra Interior Products.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of aircraft seat upholstery market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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