Europe Automotive Interior Leather Market Size & Outlook
Europe automotive interior leather market, 2019-2030 (US$M)
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Europe automotive interior leather market highlights
- The Europe automotive interior leather market generated a revenue of USD 7,826.9 million in 2022.
- The market is expected to grow at a CAGR of 4.9% 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, Germany is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 7,826.9 million |
| Market revenue in 2030 | USD 11,476.5 million |
| Growth rate | 4.9% (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, Europe region accounted for 23.5% 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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Europe 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 59.32% in 2022. Horizon Databook has segmented the Europe automotive interior leather market based on genuine, synthetic covering the revenue growth of each sub-segment from 2019 to 2030.
The European market held a significant share of automotive interior market in terms of valuation in USD Million. Europe witnessed a significant growth as the region dominates in automobile sector and consumer appliances.
After the economic downturn, the governments in the region are focusing on bio based and low-cost products with high durability. As a result, synthetic leather demand is expected to grow in this region over genuine leather. The companies in Europe are focusing on increasing the sales of vehicles by attracting more customers with attractive pricing schemes.
The automotive interior leather demand has been growing in Europe as it an important automotive manufacturing hub in the region. The rise in number of manufacturing vehicles in-turn results increasing demand of automotive interior leather market in the region.
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Target buyers of Europe 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 Europe automotive interior leather market , including forecasts for subscribers. This continent databook contains high-level insights into Europe automotive interior leather market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Europe automotive interior leather market size, by country, 2019-2030 (US$M)
Europe Automotive Interior Leather Market Outlook Share, 2022 & 2030 (US$M)
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