Asia Pacific Automotive Interior Leather Market Size & Outlook
Asia Pacific automotive interior leather market, 2019-2030 (US$M)
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Asia Pacific automotive interior leather market highlights
- The Asia Pacific automotive interior leather market generated a revenue of USD 13,883.8 million in 2022.
- The market is expected to grow at a CAGR of 7.1% from 2023 to 2030.
- In terms of segment, genuine was the largest revenue generating material in 2022.
- Synthetic is the most lucrative material segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 13,883.8 million |
| Market revenue in 2030 | USD 24,016.7 million |
| Growth rate | 7.1% (CAGR from 2022 to 2030) |
| Largest segment | Genuine |
| Fastest growing segment | Synthetic |
| Historical data covered | 2019 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Genuine, Synthetic |
| Key market players worldwide | Lear Corp, Kuraray Co Ltd, Seiren Co Ltd, GST AutoLeather, Tata International Limited, DK Leather Seats Sdn Bhd, Scottish Leather Group, Wollsdorf, Classic Soft Trim, Katzkin, Almatex, Bader |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 41.6% of the global automotive interior leather market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 24,016.7 million by 2030.
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Automotive Interior Leather Market Scope
Automotive Interior Leather Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific automotive interior leather market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automotive interior leather market will help companies and investors design strategic landscapes.
Genuine was the largest segment with a revenue share of 59.25% in 2022. Horizon Databook has segmented the Asia Pacific automotive interior leather market based on genuine, synthetic covering the revenue growth of each sub-segment from 2019 to 2030.
Asia Pacific automotive interior leather market is expected to register the fastest growth over the forecast period owing to rising per capita income in emerging economies, expanding middle-class population, and improving standards of living.
Rapid development of automotive manufacturing industries is supplementing the product demand in the regional market. China, Indonesia, India, and Bangladesh are expected to drive the regional market growth. Globally, China is one of the largest producers and consumers of leather.
Asia Pacific is characterized by the presence of several market players engaged in expanding their production capacities in order to cater to the import needs of countries such as the U.S., Germany, and the UK. Major market players are targeting developing economies to cater to the rising product demand and increase their profitability.
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Target buyers of Asia Pacific automotive interior leather market databook
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Our clientele includes a mix of automotive interior leather market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific automotive interior leather market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific automotive interior leather market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific automotive interior leather market size, by country, 2019-2030 (US$M)
Asia Pacific Automotive Interior Leather Market Outlook Share, 2022 & 2030 (US$M)
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