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The increasing number of premium economy seats in passenger aircraft and the growing demand for customised first-class aircraft are driving the growth of the global aircraft seat upholstery market. Due to the increasing global economy, air travel is booming, thereby resulting in the enhanced demand for aircraft seat upholstery market. Besides, increasing passenger demand and innovative developments is expected to show a healthy growth in the forecast period. Commercial airline changes its seat upholstery every four to five years due to wear and tear of seats over time which in turn boost the market due to continuous demand. Besides, there is a need for passengers to enjoy excellent seating comfort in long flights, resulting in an increasing demand for maintenance and replacement of seats to provide passenger comfort. This, in turn, increases the demand for the market. Also, increasing levels of disposable incomes across the globe are likely to have a positive impact on market growth.
However, in 2021, the aircraft seat upholstery market might be impacted adversely due to the grounding of airlines as a result of the worldwide lockdowns caused by the COVID-19 pandemic. The major losses faced by airlines like American Airlines (NASDAQ: AAL) and United Airlines might also hinder the growth of the aircraft seat upholstery market for the period of the pandemic. However, as the pandemic induced lockdowns ease, the market might see a growth due to the rising concerns about hygiene, with airlines expected to change their upholstery more frequently post-pandemic to ensure hygienic conditions.
Market Analysis by Aircraft Type, Seat Type, Material Seat Cover Type, and Region:
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The key players in the global aircraft seat upholstery market include Lantal Textiles Ltd., Franklin Products, Inc., ACM Aircraft Cabin Modification GmbH, Spectra Interior Products, and Tritex Corporation, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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