USA Automotive and Aircraft Interior Leather Aftermarket Set to Exceed USD 11.79 Billion by 2033, Growing at a 3.5% CAGR | FMI Reports

The U.S.A market for genuine leather in automotive and aircraft interiors is projected to experience steady growth, with an average compound annual growth rate (CAGR) of 3.5% from 2023 to 2033. The market, valued at USD 8.36 billion in 2023, is expected to reach USD 11.79 billion by 2033.

This growth is driven by increasing per capita income, which raises living standards and encourages consumers to enhance their comfort and luxury. The demand for genuine leather in automotive and aircraft interiors is being fueled by advancements in fixing tools and customization options available for various vehicles and aircraft.

Additionally, the rising sales of aircraft interior accessories contribute to the market’s expansion. Innovations such as climate-controlled seats and advanced vehicle temperature control systems are further boosting interest among manufacturers and consumers.

The market is also benefiting from growing awareness of different leather grades, including full-grain and top-grain leather, which is expected to transform consumer preferences. The limited OEM infrastructure for aftermarket seating solutions, coupled with the availability of better and more affordable customized leather fittings, is a key driver of market growth.

In the aviation sector, the emphasis on passenger comfort and safety is leading to increased application of leather, which provides superior comfort and enhances the overall travel experience.

Drivers and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report:

Key Points:

• The United States market is a leading region for automotive and aircraft interior genuine leather aftermarket in terms of market share in the region. The growth climbs up the ladder through different drivers such as an increased number of aftermarket producers, custom leather stack installation, and high penetration of premium cars and aircraft.
• The automotive segment is leading the end-user segment as it thrives at a CAGR of 3.0% between 2023 and 2033. The growth is attributed to the high number of vehicles as compared to aircraft. Also, different grades, prices, and quality measurement makes the segment dynamic and experimental.
• Based on the automotive end user, the passenger cars sub-segment leads with a CAGR of 3.5% between 2023 and 2033. Restoration of the travel and tourism industry along with the increased use of cars and transport automation has fueled the growth of this segment.

Competitive Landscape:

The key vendors work on better quality, enhanced fitting, and better support. Also, the players are integrating with the OEM producers as third-party leather interior solutions.  Key competitors also merge, acquire, and partner with other companies to increase their supply chain and distribution channel.

Key Players

• Lear Corporation.
• WOLLSDORF LEDER SCHMIDT & Co. Ges.m.b.
• Bader GmbH & Co. KG
• Leather Resource Of America Inc.
• Katzkin Leather, Inc.
• Hydes Leather.
• Carroll Leather.
• Alea Leather Specialist Inc
• Danfield Inc.
• Townsend Leather Company, Inc.
• Perrone Aerospace
• Moore and Giles.
• Spectra Interior Products.

Recent Market Developments:

• Lear Corporation has won the General Motors 2022 Supplier of the Year Award. It recognizes the global suppliers that distinguish themselves by reaching out to the GM’s requirements. This is the 22^nd time that Lear Corporation has won this award.
• Danfield Inc. has introduced its natural and luxurious leather hides such as upholstery leather, vegetable-tanned leather, etc.

Explore In-Depth Market Analysis: Checkout Now to Access Segment-specific Details, Uncover Crucial Trends, Drivers, and Challenges:

USA Automotive and Aircraft Interior Genuine Leather Aftermarket: Segmentation

By End-Use:

• Automotive
  • Passenger Cars
    • Compact
    • Subcompact
    • Mid-Size
    • Sedan
    • Luxury
    • Van
  • LCV
  • HCV
• Aviation (Aircraft)
  • Narrow Body Aircraft
  • Wide Body Aircraft
  • Regional Jets
  • Business Jets
  • Helicopter

By Application:

• Automotive
  • Upholstery
  • Dashboard
  • Seat belts
  • Airbags
  • Floor & trunk carpets
  • Headliners
  • Others
• Aviation (Aircrafts)
  • Bottom Covers
  • Backrests
  • Seat Rear Pockets
  • Headrests
  • Armrests

By Country:

• The United States

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