South Africa Aircraft Seat Upholstery Market Outlook (2018 to 2032)
Synopsis
The above chart is South Africa Aircraft Seat Upholstery Market Outlook (2018 to 2032)
Market Dynamics
the aircraft seat upholstery market in south africa is a significant component of south africa’s construction industry. the south african aircraft seat upholstery market is estimated to grow at a moderate rate in the next decade, to 2032, driven by increasing air travel demand in the country, as well as a growing aircraft and airliner fleet in the region.
demand for aircraft seat upholstery in south africa is influenced to a large extent by the airline industry, back by economic factors such as consumer disposable incomes, new routes and respective route openings, and, investment and fleet management decisions by the airlines. furthermore, the market is driven by the growing demand for air travel due to increased tourism.
the south african market for aircraft seat upholstery is likely to benefit from capacity expansions and the replacement of aging aircraft. the introduction of low-cost carriers to the country, such as kulula, flysafair and mango, in 2018 is likely to benefit the market over the next decade, as these carriers introduce new, more fuel-efficient aircraft to their fleets. moreover, the market is likely to be further boosted by the upcoming south african airways wide-body order.
furthermore, the market for aircraft seat upholstery is witnessing certain opportunities as methods of seat upholstery are being further modified for comfort, design, and durability. aircraft and airliner manufacturers are offering more exclusive customization and personalization options for the interior of their aircraft to suit their customer’s needs.
however, the global capacity constraints in the production of aircraft seat upholstery act as a restraint to the market. additionally, rising costs of raw materials can lead to cost overflows.
the south africa aircraft seat upholstery market is dominated by a few major players such as royal aero interiors, eurotrim aerospace, and associated fabrics, inc. these players are continuously focusing on improving the comfort, design, and durability of their upholstery solutions and introducing innovative designs to cater to their customer’s demands.
as the market is projected to exhibit steady growth over the forecast period, major players in the sector are expected to invest heavily in the development of new and advanced seat upholstery solutions in order to remain competitive. the south african aircraft seat upholstery market is expected to open up numerous opportunities in the next decade due to the increasing number of air passengers and the profitable domestic airline market.