The Latin America, Middle East and Africa Automotive Upholstery Market is projected to witness market growth of 8.4% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Automotive Upholstery Market by Country in 2023, and is forecast to continue being a dominant market till 2031; thereby, achieving a market value of $188.6 million by 2031. The Argentina market is showcasing a CAGR of 9.1% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 8.1% during (2024 - 2031).
Technological advancements have also been pivotal in driving the growth of the automotive upholstery market. Innovations in material science have led to the development of new upholstery materials that are lighter, more durable, and environmentally friendly.
Moreover, using advanced manufacturing techniques, such as 3D knitting and automated sewing, has improved the efficiency and precision of upholstery production, enabled greater customization, and enhanced the overall performance of upholstery materials.
The LAMEA market is expected to grow steadily, driven by economic development, rising consumer incomes, and evolving preferences towards luxury and sustainability. Manufacturers that can innovate and meet these demands will be well-positioned to succeed in this diverse and dynamic market. Brazil’s significant automotive production capacity, coupled with rising consumer incomes, is a primary driver. According to the International Energy Agency, just over 2.6 million light-duty vehicles (LDVs) were sold in Brazil in 2019, reflecting a steady increase from previous years. This growth in vehicle production naturally leads to higher demand for automotive upholstery materials.
The Brazil market dominated the LAMEA Automotive Upholstery Market by Country in 2023, and is forecast to continue being a dominant market till 2031; thereby, achieving a market value of $188.6 million by 2031. The Argentina market is showcasing a CAGR of 9.1% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 8.1% during (2024 - 2031).
Technological advancements have also been pivotal in driving the growth of the automotive upholstery market. Innovations in material science have led to the development of new upholstery materials that are lighter, more durable, and environmentally friendly.
Moreover, using advanced manufacturing techniques, such as 3D knitting and automated sewing, has improved the efficiency and precision of upholstery production, enabled greater customization, and enhanced the overall performance of upholstery materials.
The LAMEA market is expected to grow steadily, driven by economic development, rising consumer incomes, and evolving preferences towards luxury and sustainability. Manufacturers that can innovate and meet these demands will be well-positioned to succeed in this diverse and dynamic market. Brazil’s significant automotive production capacity, coupled with rising consumer incomes, is a primary driver. According to the International Energy Agency, just over 2.6 million light-duty vehicles (LDVs) were sold in Brazil in 2019, reflecting a steady increase from previous years. This growth in vehicle production naturally leads to higher demand for automotive upholstery materials.
List of Key Companies Profiled
- Woodbridge Foam Corporation (The Woodbridge Group)
- Forvia SE
- TOYOTA BOSHOKU CORPORATION
- Asahi Kasei Corporation
- SEIREN Co., LTD.
- Adient plc
- BASF SE
- Freudenberg SE
- The Haartz Corporation
- GRAMMER AG
Market Report Segmentation
By Vehicle Type- Passenger Cars
- Commercial Vehicles
- Seat Covers
- Carpets
- Dashboards
- Others
- OEM
- Aftermarket
- Polyester
- Vinyl
- Nylon
- Leather
- Others
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. LAMEA Automotive Upholstery Market by Vehicle Type
Chapter 5. LAMEA Automotive Upholstery Market by Application
Chapter 6. LAMEA Automotive Upholstery Market by Sales Channel
Chapter 7. LAMEA Automotive Upholstery Market by Material Type
Chapter 8. LAMEA Automotive Upholstery Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- Woodbridge Foam Corporation (The Woodbridge Group)
- Forvia SE
- TOYOTA BOSHOKU CORPORATION
- Asahi Kasei Corporation
- SEIREN Co., LTD.
- Adient plc
- BASF SE
- Freudenberg SE
- The Haartz Corporation
- GRAMMER AG
Methodology
LOADING...
