Middle East & Africa Automotive Interior Leather Market Size & Outlook
Middle East & Africa automotive interior leather market, 2019-2030 (US$M)
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MEA automotive interior leather market highlights
- The MEA automotive interior leather market generated a revenue of USD 1,603.0 million in 2022.
- The market is expected to grow at a CAGR of 5.6% 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, South Africa is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 1,603.0 million |
| Market revenue in 2030 | USD 2,478.7 million |
| Growth rate | 5.6% (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, MEA region accounted for 4.8% 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.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Automotive Interior Leather Market Scope
Automotive Interior Leather Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa 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 61.13% in 2022. Horizon Databook has segmented the Middle East & Africa automotive interior leather market based on genuine, synthetic covering the revenue growth of each sub-segment from 2019 to 2030.
The overall market in the Middle East is witnessing a substantial growth rate over the forecast period. Improving standards of living coupled with the growing automotive and consumer goods industry are predicted to create lucrative opportunities for the automotive interior leather market in the coming years.
Infrastructural developments and rising per capita income have supplemented the demand for leather from these countries. Above-mentioned countries are engaged in developing trade relations with other nations to strengthen their economy. The UAE is involved in developing trade alliance with countries such as India, Serbia, and Pakistan. It also organized Dubai Fair 2017 to attract traders.
Government initiatives toward encouraging active private sector participation in major infrastructure projects through Public Private Partnership (PPP) and Build-Operate-Transfer (BOT) models as well as setting up of industrial parks and clusters for plastic conversion in Central & Western regions are anticipated to significantly benefit synthetic automotive interior leather market.
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Target buyers of Middle East & Africa 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa automotive interior leather market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa automotive interior leather market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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MEA automotive interior leather market size, by country, 2019-2030 (US$M)
Middle East & Africa Automotive Interior Leather Market Outlook Share, 2022 & 2030 (US$M)
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