Automobile Interior Manufacturing in Mexico - Industry Market Research Report

Buckled in: Industry growth is expected to continue as light vehicle sales increase

Automobile Interior Manufacturing in Mexico
The Automobile Interior Manufacturing industry in Mexico has steadily grown over the five years to 2019 as a result of domestic and international macroeconomic growth. One benefit to the industry is the number of light vehicle sales in Mexico, which has increased over the past five years. As demand for these vehicles has risen, so has demand for interior products manufactured by industry operators. Industry expansion has also been aided by growth in industry exports during the period. Over the five years to 2024, the industry is forecast to continue to grow at a steady pace. As more light vehicles continue to be sold, demand for products manufactured by industry operators will continue to rise. Similarly, as global per capita income continues to grow over the five years to 2024, global consumption of automobiles will likely intensify, further driving demand for industry products.This industry comprises establishments primarily engaged in manufacturing motor vehicle seating, seats, seat frames, seat belts, air bags and interior trimmings. The industry excludes establishments that engage in manufacturing upholstery for motor vehicles. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.