Aircraft Seat Upholstery Market Growing at the Fastest Rate in North America Region

1
Aircraft Seat Upholstery Market Growing at
the Fastest Rate in North America Region The
report "Aircraft Seat Upholstery Market by
Material (Leather, Vinyl, Fabric), Seat Cover
Type (Headrest, Armrest) Seat Type (First,
Business, Premium, Economy), Aircraft Type
(Commercial, Business Jets, Helicopters), End
Use, and Region - Global Forecast to
2025",aircraft seat upholstery market is
estimated to be USD 1.2 billion in 2019
and is projected to reach USD 1.8 billion by
2025, at a CAGR of 7.3 from 2019 to 2025. The
demand for aircraft seat upholstery has been
growing due to the increase in the number of
premium economy seats by airlines. Maintenance
and retrofitting of existing aircraft is
also anticipated to propel the growth of
the aircraft seat upholstery market over
the forecast period. Browse 98 market data Tables
and 27 Figures spread through 149 Pages and in-
depth TOC on "Aircraft Seat Upholstery Market -
Global Forecast to 2025" Download PDF Brochure
_at_ https//www.marketsandmarkets.com/pdfdownloadNew
.asp?id2719395 Premium economy class segment
projected to grow at highest CAGR from 2019 to
2025 Base on seat type, the premium economy class
segment of the aircraft seat upholstery market is
projected to grow at the highest CAGR during the
forecast period. The growth of this segment can
be attributed to the increasing demand for
premium economy seats owing to the cheaper ticket
value in comparison to business class seats.
Emirates has announced a new premium class to be
rolled out by 2020. On the other hand, Singapore
Airlines will be cutting the number of
first-class seats on its next A380s, while the
German airline Lufthansa will do away with the
first-class cabin completely in its new Boeing
777-9s, leaving business as the highest class on
select flights. These changes reflect a shift in
trends that place business as the new first
class, and premium economy as the new business
class.
2
Wide-body aircraft segment projected to grow at
highest CAGR from 2019 to 2025 Based on aircraft
type, the wide-body aircraft segment is projected
to grow at the highest CAGR during the forecast
period. This segments growth can be attributed
to the increasing demand for wide-body
aircraft from low-cost carriers in emerging
economies. Low-cost airliners tend to procure
wide-body aircraft, owing to their need for short
distance travel and the aircrafts easy
maintenance. This has increased the demand for
wide-body aircraft, which is expected to drive
the aircraft seat upholstery market. Asia Pacific
aircraft seat upholstery market projected to grow
at highest CAGR from 2019 to 2025 Based on
region, the Asia Pacific aircraft seat upholstery
market is projected to grow at the highest CAGR
during the forecast period. The market growth in
this region is largely due to the increase in air
passenger traffic from countries such as India,
China, Japan, and other parts of the APAC region.
The region has been witnessing growth in domestic
travel since the last decade, which has led an
increase in aircraft deliveries mostly for
low-cost carriers. Emerging markets require new
aircraft to meet the fast- growing traffic
demand. Hence, new airlines are being
launched in emerging economies, such as India
and China, where passenger traffic has been
increasing at an above average growth rate. The
aircraft seat upholstery market has been gaining
traction over the past few years due to the
presence of several established companies as well
as startups. Some of the major players in the
aircraft seat upholstery market in North America
include Franklin Products (US), International
Aero Services (US), Perrone Aerospace (US), J.H.
Nunn Associates (US), Spectra Interior
Products (US), Tritex Corporation (US),
Aerotex Aircraft Interiors (Canada), OmnAvia
Interiors (US), Tapis Corp (US), Aircraft
Interior Products (US), and Douglass Interior
Products (US). Whereas, Lantal Textiles AG
(Switzerland), Aircraft Cabin Modification
GmbH (Germany), Fenice Care System S.p.A.
Unip. (Italy), and ACC Interiors (UK) are some of
the leading companies in Europe. Ask for Sample
Report _at_ https//www.marketsandmarkets.com/request
sampleNew.asp?id2719395
About MarketsandMarkets MarketsandMarkets
provides quantified B2B research on 30,000 high
growth niche opportunities/threats which will
impact 70 to 80 of worldwide companies
revenues. Currently servicing 7500 customers
worldwide including 80 of global
3
Fortune 1000 companies as clients. Almost 75,000
top officers across eight industries worldwide
approach MarketsandMarkets for their
painpoints around revenues decisions. Marketsand
Marketss flagship competitive intelligence and
market research platform, "Knowledgestore"
connects over 200,000 markets and entire value
chains for deeper understanding of the unmet
insights along with market sizing and forecasts
of niche markets. Contact Mr.Aashish Mehra
MarketsandMarkets INC. 630 Dundee Road Suite
430 Northbrook, IL 60062 USA 1-888-600-6441