Middle East & Africa Automotive Fabric Market is expected to reach US$ 505.25 Mn by 2027

Textiles Segment to Dominate Middle East & Africa Automotive Fabric Market during 2020–2027

According to The Insight Partners market research study on “Middle East & Africa Automotive Fabric Market to 2027 – COVID-19 Impact and Regional Analysis and Forecast – by Application, Covering Material Type and Country,” is expected to reach US$ 505.25 million by 2027 from US$ 375.10 million in 2019. The market is estimated to grow at a CAGR of 4.1% from 2020 to 2027. The report provides trends prevailing in the Middle East & Africa automotive fabric market along with the drivers and restraints pertaining to the market growth. Increments in the focus over safety, quality, and better automotive aesthetics and upsurge in the sales of vehicles are the major factors driving the growth of the Middle East & Africa automotive fabric market. However, the widescale availability of alternative materials may hinder the growth of Middle East & Africa automotive fabric market.

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.

The market for Middle East & Africa automotive fabric is segmented into application, covering material type and country. Based on covering material type, the market is segmented into textiles, artificial leather, genuine leather and artificial suede. In 2019, the textiles segment held the largest share in Middle East & Africa automotive fabric market. Based on application, the Middle East & Africa automotive fabric is divided into covering material and seating component. The covering material segment is expected to be the fastest growing segment over the forecast period. Furthermore, in this present scenario of COVID 19 pandemic, the Middle East & Africa automotive fabric market has been facing difficulties and several countries have suffered heavily. The manufacturing sectors in the Middle East & African countries have been experiencing low production and a weak supply chain. Thereby, impacting the market for automotive fabric.

Bader Gmbh and Co. KG, Lear Corporation, Sage Automotive Interiors Inc., DK Leather Corporation Berhad and Martur are some of the leading companies in the Middle East & Africa automotive fabric market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.

The report segments the Middle East & Africa Automotive Fabric market as follows:

• • Covering Material
  • Seating Component

• • Textiles
  • Artificial Leather
  • Genuine Leather
  • Artificial Suede

• • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa