India Aircraft Seat Upholstery Market Outlook (2018 to 2032)
Synopsis
The above chart is India Aircraft Seat Upholstery Market Outlook (2018 to 2032)
Market Dynamics
india has long been a global leader in aerospace technology and the aircraft seat upholstery market has been no exception. with the size of the indian aerospace and defense industry increasing nearly threefold between 2012 and 2017, and projected to represent nearly 11% of the global market by 2025, the aircraft seat upholstery segment is experiencing significant growth due to the rise in air travel.
commenced almost sixty years ago on a rudimentary 1950-seat lufthansa aircraft, seat upholstery in india has gone through various evolutionary stages as an airplane seating necessity and a passenger comfort accessory. today, companies like uvalux, nichar, siphera and maveek closely collaborate with airlines and aircraft seat manufacturers such as b-seat, eero and sabritec to ensure safety regulations are followed and comfort levels are maintained for passengers.
the demand for aircraft seat upholstery in india is expected to grow dramatically over the next decade as the number of flights, and consequently air passengers, increases with the governmental focus on developing more tourism hubs across the region. to meet the current and future market demand, upholstery companies in india are investing heavily in research and development of advanced materials like fire retardant vinyls, anti-bacterial and odor-neutral leathers, nano-silver fabrics and limelights.
in the coming years the indian aircraft seat upholstery market is expected to experience a wave of new entrants due to the high demand for aircraft components in india. in addition, as more stringent regulations surrounding environmental remediations are made mandatory in europe, india is poised to establish itself as a cost-effective production destination resulting in a surge of investment from international companies.
the growing popularity of grey leather, luxurious fabrics, warm wool and relaxing quilts is prompting airlines to invest in custom designed and tailored internal decorations to make the cabin look more inviting and attractive. to serve this the aircraft upholstery producing companies in india are increasing their presence in the travel retail sector, incorporating urban styles and trend-setting designs, integrating bespoke cues and a distinct level of luxury to aeroplane interior.
the development of technologically improved materials like lightweight insulation foams and sound absorbing fibers has enabled the aircraft seat upholstery industry in india to emerge as a dominant force in the domestic aircraft parts market. with the rise in urban air travel and continuing demand for cost effective and high quality aircraft components, the indian aircraft seat upholstery market is expected to show a firm growth from 2018 to 2032.