China Automotive Interior Leather Market Size & Outlook
China automotive interior leather market, 2019-2030 (US$M)
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China automotive interior leather market highlights
- The China automotive interior leather market generated a revenue of USD 3,922.2 million in 2022 and is expected to reach USD 6,730.0 million by 2030.
- The China market is expected to grow at a CAGR of 7% 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.
Automotive interior leather market data book summary
| Market revenue in 2022 | USD 3,922.2 million |
| Market revenue in 2030 | USD 6,730.0 million |
| Growth rate | 7% (CAGR from 2022 to 2030) |
| Largest segment | Genuine |
| Fastest growing segment | Synthetic |
| Historical data | 2019 - 2021 |
| Base year | 2022 |
| Forecast period | 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, China accounted for 11.8% of the global automotive interior leather market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China automotive interior leather market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 5,256.7 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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China 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 58.97% in 2022. Horizon Databook has segmented the China automotive interior leather market based on genuine, synthetic covering the revenue growth of each sub-segment from 2019 to 2030.
China is the largest producer as well as largest consumer of automotive interior leather in the global market in 2017. It is also among the largest luxury markets, globally. The market is featured with consumers which prefer genuine leather over synthetic leather in the automotive interior.
Durability, stain resistance, and clean ability are among the key parameters considered by Chinese buyers in the automotive interior leather market. In addition, a significant consumer shift towards anti-soiling leather is anticipated to further drive the market demand during the upcoming years.
China is the largest market for synthetic leather in the Asia Pacific. The country accounts for around 25% of the global production of synthetic leather. It is also among the major consumers of leather in primary application segments such as automotive.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the China automotive interior leather market , including forecasts for subscribers. This country databook contains high-level insights into China automotive interior leather market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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China automotive interior leather market size, by material, 2019-2030 (US$M)
China Automotive Interior Leather Market Outlook Share, 2022 & 2030 (US$M)
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