UK Automotive Interior Materials Market Size & Outlook
UK automotive interior materials market, 2014-2025 (US$M)
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UK automotive interior materials market highlights
- The UK automotive interior materials market generated a revenue of USD 825.8 million in 2016 and is expected to reach USD 1,098.5 million by 2025.
- The UK market is expected to grow at a CAGR of 3.2% from 2017 to 2025.
- In terms of segment, plastic was the largest revenue generating product in 2016.
- Plastic is the most lucrative product segment registering the fastest growth during the forecast period.
Automotive interior materials market data book summary
| Market revenue in 2016 | USD 825.8 million |
| Market revenue in 2025 | USD 1,098.5 million |
| Growth rate | 3.2% (CAGR from 2016 to 2025) |
| Largest segment | Plastic |
| Fastest growing segment | Plastic |
| Historical data | 2014 - 2015 |
| Base year | 2016 |
| Forecast period | 2017 - 2025 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Leather, Composite, Plastic, Metals, Fabric |
| Key market players worldwide | Toyoda Gosei Co Ltd, Takara & Company Ltd, Magna International Inc, Tachi-S Co Ltd, ContiTech AG, Grupo Antolin, Sage Automotive Interiors, SMS Auto Fabrics, Yanfeng Automotive Interiors, Lear Corporation, Faurecia Clean Mobility, Marelli, Hyundai Mobis, Tata Steel Ltd GDR - 144A |
Other key industry trends
- In terms of revenue, UK accounted for 1.9% of the global automotive interior materials market in 2016.
- Country-wise, China is expected to lead the global market in terms of revenue in 2025.
- In Europe, Germany automotive interior materials market is projected to lead the regional market in terms of revenue in 2025.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 3,747.7 million by 2025.
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Automotive Interior Materials Market Scope
Automotive Interior Materials Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK automotive interior materials 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 materials market will help companies and investors design strategic landscapes.
Plastic was the largest segment with a revenue share of 36.87% in 2016. Horizon Databook has segmented the UK automotive interior materials market based on leather, composite, plastic, metals, fabric covering the revenue growth of each sub-segment from 2014 to 2025.
The industry contributed about 13% of the total exports, with a value of about USD 62 billion. However, the production automotive fell by about 13.9% in 2019, owing to increase in imported automotive components cost from other European countries, following UK’s exit from the European union.
The global outbreak of the COVID-19 pandemic led to downfall of about 29% in production of automotive, leading to large level decrease in demand for automotive materials.
Furthermore, opening of production facilities and car showrooms as per strict COVID norms is expected to increase the production and sales numbers over the coming years, thus normalizing the growth of automotive interior materials market.
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Our clientele includes a mix of automotive interior materials 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 country-level data and insights on the UK automotive interior materials market , including forecasts for subscribers. This country databook contains high-level insights into UK automotive interior materials market from 2014 to 2025, including revenue numbers, major trends, and company profiles.
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UK automotive interior materials market size, by product, 2014-2025 (US$M)
UK Automotive Interior Materials Market Outlook Share, 2016 & 2025 (US$M)
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