Automotive Interior Materials Market size was valued at USD 53.62 billion in 2024 and is set to reach USD 80.27 billion by the end of 2037, registering around 3.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of automotive interior materials is assessed at USD 54.99 billion.
The primary factor attributed to the growth of the automotive interior materials is attributed to the rapid growth in the automotive industry during the years. The recent statistics reveal that the global automotive industry is expected to reach approximately USD 9 trillion by 2030.
The automotive interior materials carry a huge importance as these are the primary factors that pleases and attracts the customers. Also, the increased technological advanced and demand for customization of the automotive interiors is expected increase the sales of automotive interior materials market in the forecast period. Owing to this new trend, the employment rate in the automotive industry has significantly risen up in the fast years. Thus, the high employment in the global automotive industry is expected to increase the usage of automotive interior materials in manufacturing vehicles. In fiscal year 2018, the Indian automotive industry employed approximately 2 million people.
Author Credits: Rajrani Baghel
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?