Leather Car Seat Market Growth, Share, Merger, Key Companies, CAGR Status by 2030

Leather Car Seat: Introduction

  • Leather car seat in vehicles provides comfort and most customers enjoy leather seats, as they emit a pleasant odor, are silky smooth to touch, and offer considerable comfort. Demand for leather seats in vehicles is increasing, as leather seats are hard to stain, easy to clean, and boost the resale value of the vehicle.
  • Most luxury vehicles have leather seats and usually these vehicles are quite expensive. The material itself is more expensive, which witnesses significant demand across the vehicle seat market. Leather provides an opulent and attractive appearance to the vehicle’s interior.

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Key Drivers of Global Leather Car Seat Market

  • Rise in demand for vehicles across the globe is estimated to boost the leather car seats market due to an increase in demand for comfort in vehicles. Rise in production of passenger vehicles across the globe is likely to propel the leather car seat market. Various vehicle manufacturers are trying to provide advance safety and comfort features, which relieve stress and fatigue of passengers and driver while driving in any weather. This, in turn, is estimated boost the global leather car seat market.
  • Rise in vehicle resale is estimated to drive the leather car seat market, as vehicles with leather seats provide comfort and soft touch and appear more attractive. Increase in vehicle sales and rise in the demand for electrification in vehicles is estimated to propel the global leather car seats market. Rise in disposable income and living standards across the globe is projected to further drive the global leather car seat market.

Europe and Asia Pacific to hold prominent share of global Leather Car Seat market

  • Europe is projected to account for a major share of the global leather car seat market due to considerable presence of automotive industries and enactment of stringent rules regarding the installation of comfort features in vehicles in the region. Europe is also home to major original equipment manufacturers as well as Tier-1 suppliers, including Continental AG and Kongsberg Automotive, who have major research and development facilities for leather seats. This, is turn, is likely to propel the leather car seat market across Europe.
  • Followed by Europe, Asia Pacific is projected to hold a significant share of the global leather car seat market due to an increase in sale and production of vehicles across Asia Pacific. Demand for luxury vehicles is significantly high in China, Japan, and India, which is expected to further boost the leather car seat market in Asia Pacific.

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Key Players Operating in Global Leather Car Seat Market

The global leather car seat market is highly concentrated owing to the presence of top manufacturers. A few of the key players operating in the global leather

  • Continental AG
  • Faurecia
  • Magna International
  • Lear Corporation
  • Katzkin Leather Inc.
  • Kongsberg Automotive
  • D&S Automotive
  • Tachi-S
  • Toyota Boshoku Corporation

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