Middle East & Africa Automotive Fabric Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Application (Covering Material and Seating Component), Covering Material Type (Textiles, Artificial Leather, Genuine Leather, and Artificial Suede)
Market Introduction
The Middle East & Africa automotive fabric market is a highly fragmented market with the presence of considerable regional and local players providing numerous solutions for companies investing in the market arena. The Middle East & African region constitutes developed economies such as South Africa, Saudi Arabia and UAE as a developing nation. The region's demand for automotive fabrics is boosted by strong domestic demand and export dynamism for automobiles, stringent automotive regulations & standards regarding the use of airbags and a strong economy accompanied by technological developments in the automotive market. Significant developments in the automotive sector have led to vital product innovations in the automotive fabric industry. Increasing vehicle numbers and increased per capita income is leading to surging demand for advanced versions of automotive fabric on a large scale. This will strengthen the procurement rate of automotive fabric during the forecast period, thereby aiding the automotive fabric market growth in Middle East & Africa. The automotive fabric market is anticipated to influence product innovation, with the high presence of manufacturers having a significant share of companies operating in the aftersales channel in the region. Key players focus on acquisition strategies and regional dominance to establish their products in the region. Additionally, stringent regulatory norms pertaining to automotive fabric disposal will increase the Middle East & African automotive fabric market throughout the forecasted period.
In case of COVID-19, in Middle East & Africa, especially South Africa, witnessed an unprecedented rise in number of coronavirus cases, which led to the discontinuation of automotive manufacturing activities; other automotive components manufacturing sector has subsequently impacted the demand for automotive fabric during the early months of 2020. Moreover, decline in the overall manufacturing activities has led to discontinuation of automotive equipment manufacturing projects, thereby reducing the demand for automotive fabric. Similar trend was witnessed in other Middle East & African countries, i.e., Saudi Arabia and UAE. However, the countries are likely to overcome thus drop in demand with the economic activities regaining their pace, especially in the beginning of the 2021.
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Market Overview and Dynamics
The automotive fabric market in Middle East & Africa is expected to grow from US$ 375.10 million in 2019 to US$ 505.25 million by 2027; it is estimated to grow at a CAGR of 4.0 % from 2020 to 2027. Product innovations along with the technological advancements in automotive fabrics industry is providing lucrative opportunities for the market growth. For instance, the latest innovation associated with the creative mix of seatbelts and airbags is prepared with round and smooth edges to offer better comfort and experience to the wearer. Such feature is aimed to reduce the extent of damage, as it helps distribute the force equally across the passenger’s body. This technique incorporates the use of special type of micro-fibre with ultra-light, flame proof, and abrasion resistant features for interior of the car. Additionally, this micro-fibre is counted as 100% environment-friendly material. Thus, the incorporation of such advanced features in the product is expected to promote the demand for advanced automotive fabrics in Middle East & Africa market. Moreover, the significant use of knitted and woven fabrics owing to their improved flexibility, comfort, stretchability, and better visual quality is expected to promote the demand for such fabrics. Further, the manufacturers are preferring light-weight composite material, which possesses minimal moisture content and are integrated with advanced adhesive technology to regulate sealing, vibration, and harshness in vehicles. Also, the use of fabrics in floor covering is also expected to absorb noise and vibration to enhance the overall experience. Other features such as elasticity, resistance toward wear and breakage, and rising adoption of advanced automobile accessories are the factors promoting the demand for automotive fabric in Middle East & Africa market.
Key Market Segments
Based on application, the covering material segment accounted for the largest share of the Middle East & Africa automotive fabric market in 2019. Based on covering material type, the textiles segment held a larger market share of the Middle East & Africa automotive fabric market in 2019. Automotive textiles are often categorized as non-apparel textiles which significantly find applications in cars, trains, buses and other vehicle forms. Automotive textiles are composed of different types of textile components such as yarns fibers, filaments, and the fabrics. These textiles are counted as an essential aspect of technical textile and are extensively used in in-vehicle applications to promote aesthetic and ensure safety and quality. It is estimated that approximately 50 square yards of textile material are explicitly required on an average for various applications including coverings for seating areas headliners, tires, belts hoses, side panels, carpets and trunk, airbags and others. Other than the interior trim applications, these textiles are also ideal to be used to reinforce tires, hoses, safety belts and other such parts. Textile materials are used in preparation of covering material so as to ensure interior trim, promote comfort and for reinforcement. Technical textiles are considered to be one of the fastest growing segment owing to its properties and diversified use in automotive parts and components. With the growth of automotive industry and rising sales of vehicles, the demand for textiles is expected to rise.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the Middle East & Africa automotive fabric market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are include Bader Gmbh and Co. KG, DK Leather Corporation Berhad, Lear Corporation, Martur and Sage Automotive Interiors Inc., Seiren Co., Ltd, Shawmut Corporation, Suminoe Textile Co., Ltd.
Reasons to buy report
- To understand the Middle East & Africa automotive fabric market landscape and identify market segments that are most likely to guarantee a strong return
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- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Middle East & Africa automotive fabric market
- Obtain market revenue forecast for market by various segments from 2020-2027 in Middle East & Africa region.
Middle East & Africa Automotive Fabric Market Segmentation
Middle East & Africa Automotive Fabric Market – By Application
- Covering Material
- Seating Component
Middle East & Africa Automotive Fabric Market – By Covering Material Type
- Textiles
- Artificial Leather
- Genuine Leather
- Artificial Suede
Middle East & Africa Automotive Fabric Market – By Country
- South Africa
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Middle East & Africa Automotive Fabric Market – Company Profiles
- Bader Gmbh and Co. KG
- DK Leather Corporation Berhad
- Lear Corporation
- Martur
- Sage Automotive Interiors Inc.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Middle East & Africa Automotive Fabric Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Expert Opinion
5. Middle East & Africa Automotive Fabric Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increments in the Focus Over Safety, Quality, and Better Automotive Aesthetics
5.1.2 Upsurge in the Sales of Vehicles
5.2 Market Restraints
5.2.1 Widescale Availability of Alternative Materials
5.3 Market Opportunities:
5.3.1 Technological Development in Automotive Fabrics Industry
5.4 Future Trends:
5.4.1 Rapid Increase in the Demand for Environment-friendly Fabric Material
5.5 Impact Analysis of Drivers and Restraints
6. Automotive Fabric – Middle East & Africa Market Analysis
6.1 Automotive Fabric Market Overview
6.2 Middle East & Africa Automotive Fabric Market –Revenue and Forecast to 2027 (US$ Million)
7. Middle East & Africa Automotive Fabric Market Analysis – By Application
7.1 Overview
7.2 Automotive Fabric Market, By Application (2019 and 2027)
7.3 Covering Material
7.3.1 Overview
7.3.2 Covering Material: Automotive Fabric Market – Revenue, and Forecast to 2027 (US$ Million)
7.4 Seating Component
7.4.1 Overview
7.4.2 Seating Component: Automotive Fabric Market – Revenue, and Forecast to 2027 (US$ Million)
8. Middle East & Africa Automotive Fabric Market Analysis – By Covering Material Type
8.1 Overview
8.2 Automotive Fabric Market, By Covering Material Type (2019 and 2027)
8.3 Textiles
8.3.1 Overview
8.3.2 Textiles: Automotive Fabric Market – Revenue, and Forecast to 2027 (US$ Million)
8.4 Artificial Leather
8.4.1 Overview
8.4.2 Artificial Leather: Automotive Fabric Market – Revenue, and Forecast to 2027 (US$ Million)
8.5 Genuine Leather
8.5.1 Overview
8.5.2 Genuine Leather: Automotive Fabric Market – Revenue, and Forecast to 2027 (US$ Million)
8.6 Artificial Suede
8.6.1 Overview
8.6.2 Artificial Suede: Automotive Fabric Market – Revenue, and Forecast to 2027 (US$ Million)
9. Middle East & Africa Automotive Fabric Market – Country Analysis
9.1 Overview
9.1.1 MEA: Automotive Fabric Market, by Key Country
9.1.1.1 South Africa: Automotive Fabric Market –Revenue and Forecast to 2027 (US$ Million)
9.1.1.1.1 South Africa: Automotive Fabric Market, by Application
9.1.1.1.2 South Africa: Automotive Fabric Market, by Covering Material Type
9.1.1.2 Saudi Arabia: Automotive Fabric Market –Revenue and Forecast to 2027 (US$ Million)
9.1.1.2.1 Saudi Arabia: Automotive Fabric Market, by Application
9.1.1.2.2 Saudi Arabia: Automotive Fabric Market, by Covering Material Type
9.1.1.3 UAE: Automotive Fabric Market –Revenue and Forecast to 2027 (US$ Million)
9.1.1.3.1 UAE: Automotive Fabric Market, by Application
9.1.1.3.2 UAE: Automotive Fabric Market, by Covering Material Type
9.1.1.4 Rest of MEA: Automotive Fabric Market –Revenue and Forecast to 2027 (US$ Million)
9.1.1.4.1 Rest of MEA: Automotive Fabric Market, by Application
9.1.1.4.2 Rest of MEA: Automotive Fabric Market, by Covering Material Type
10. Overview- Impact of COVID-19 on Middle East & Africa Automotive Fabric Market
10.1 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
11. Company Profiles
11.1 Lear Corporation
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Bader GmbH and Co. KG
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 DK Leather Corporation Berhad
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 MARTUR
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 SAGE AUTOMOTIVE INTERIORS INC.
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms
LIST OF TABLES
Table 1. Middle East & Africa Automotive Fabric Market –Revenue and Forecast to 2027 (US$ Million)
Table 2. South Africa: Automotive Fabric Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 3. South Africa: Automotive Fabric Market, by Covering Material Type –Revenue and Forecast to 2027 (US$ Million)
Table 4. Saudi Arabia: Automotive Fabric Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 5. Saudi Arabia: Automotive Fabric Market, by Covering Material Type –Revenue and Forecast to 2027 (US$ Million)
Table 6. UAE: Automotive Fabric Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 7. UAE: Automotive Fabric Market, by Covering Material Type –Revenue and Forecast to 2027 (US$ Million)
Table 8. Rest of MEA: Automotive Fabric Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 9. Rest of MEA: Automotive Fabric Market, by Covering Material Type –Revenue and Forecast to 2027 (US$ Million)
Table 10. Glossary of Terms, Automotive Fabrics Market
LIST OF FIGURES
Figure 1. Automotive Fabric Market Segmentation
Figure 2. Middle East & Africa Automotive Fabric Market Segmentation – By Country
Figure 3. Middle East & Africa Automotive Fabric Market Overview
Figure 4. Covering Material Segment Held Largest Share of Middle East & Africa Automotive Fabric Market
Figure 5. South Africa Region Held Largest Share of Middle East & Africa Automotive Fabric Market
Figure 6. Middle East & Africa Automotive Fabric Market, Industry Landscape
Figure 7. MEA: PEST Analysis
Figure 8. Expert Opinion
Figure 9. Automotive Fabric Market Impact Analysis of Drivers and Restraints
Figure 10. Middle East & Africa: Automotive Fabric Market – Revenue and Forecast to 2027 (US$ Million)
Figure 11. Automotive Fabric Market Revenue Share, by Application (2019 and 2027)
Figure 12. Covering Material: Automotive Fabric Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 13. Seating Component: Automotive Fabric Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 14. Automotive Fabric Market Revenue Share, by Covering Material Type (2019 and 2027)
Figure 15. Textiles: Automotive Fabric Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 16. Artificial Leather: Automotive Fabric Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 17. Genuine Leather: Automotive Fabric Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 18. Artificial Suede: Automotive Fabric Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 19. Middle East & Africa: Automotive Fabric Market, by Key Country – Revenue (2019) (USD Million)
Figure 20. MEA: Automotive Fabric Market Revenue Share, by Key Country (2019 and 2027)
Figure 21. South Africa: Automotive Fabric Market –Revenue and Forecast to 2027 (US$ Million)
Figure 22. Saudi Arabia: Automotive Fabric Market –Revenue and Forecast to 2027 (US$ Million)
Figure 23. UAE: Automotive Fabric Market –Revenue and Forecast to 2027 (US$ Million)
Figure 24. Rest of MEA: Automotive Fabric Market –Revenue and Forecast to 2027 (US$ Million)
Figure 25. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
- Bader Gmbh and Co. KG
- DK Leather Corporation Berhad
- Lear Corporation
- Martur
- Sage Automotive Interiors Inc.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Middle East & Africa Automotive Fabric market.
- Highlights key business priorities in order to assist companies to realign their business strategies
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- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the Middle East & Africa Automotive Fabric market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution