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Aircraft Soft Goods Market in North America is Expected to Reach USD 300 Million By 2024

Author : Ronak Bora | Published Date : 2019-05-10 

North America aircraft soft goods market has a major share and is projected to cross USD 300 million till 2024 with the presence of well-established airplane manufacturers including Boeing and Bombardier. Asia Pacific will witness significant gains with growth in the commercial aerospace sector and increase in overhaul activities in worn-out airplanes. Europe industry share will foresee a substantial growth owing to the increase in passenger traffic.

Improvement in airplane interiors to enhance the overall comfort level and aesthetics for passengers will escalate aircraft soft goods market share from 2018 to 2024. Undergoing OEM activities for lightweight cabin interiors will drive the product demand. Noise reduction and vibration dampening during flight course will fuel industry growth.

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Increasing number of air passengers leading to growth in international and domestic fleet have enhanced upholstery product usage such as carpets, seat covers, and curtains. The global airplane delivery increased from 1,714 in 2016 to 1,740 in 2017 to cover the production backlog. This continuous production will fuel aircraft soft goods market during the forecast period.

Refurbishment of old airplanes with focus on upgrading business and economy class cabins ensuring the safety of passengers and improving cabin interiors, will enhance the product demand. Adoption of new materials including blended fabric and replacement of leather with synthetic products offering improved surface texture and reduced cost and weight will boost aircraft soft goods market from 2018 to 2024.

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Nylon/wool blend fabric will contribute over 70% of the overall material-based aircraft soft goods market share by 2024. This can be attributed to better material properties such as higher durability, water & wrinkle resistance, and insulation. Nylon fabrics can be blended with other materials including polyester to further enhance the comfort and material elasticity.

Synthetic leather materials are growing at a fast pace owing to low cost and less wear compared to natural leather owing to resistance to breathing. Tear and puncture resistance properties in natural leather will enhance the industry growth in the next seven years. Further, polyester fabrics will witness a healthy growth with durability and chemical resistance properties which in turn boost aircraft soft goods market share from 2018 to 2024.

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North America led by the U.S. accounts for major share owing to presence of airplane manufacturers such as Bombardier and Boeing. Asia Pacific aircraft soft goods market will register sturdy growth with increasing passenger traffic and commercial airplane industry. Rising public spending in emerging nations will boost industry share over the forecast period. MEA is at nascent stage and will foresee growth with rise in business and private jets.

Aircraft soft goods market players include Aero Floor, Anker Company, Aero Foams Tapis Corporation, Aircraft Interior Products, Spectra Interiors, Aircraft Interior Sol, RAMM Aerospace, Botany Weaving Mills, Mohawk Group, Desso, Lantal Textile, Fellfab, InTech Aerospace, E-Leather, and F-list. Industry players are enhancing product landscape to increase their share. For instance, in 2018, Lantal introduced TEC leather having superior thermal property.

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Flight Inspection Market Trend 2024 Comprehensive Study Explores Huge Growth in Future: https://www.marketwatch.com/press-release/flight-inspection-market-trend-2024-comprehensive-study-explores-huge-growth-in-future-2019-05-09

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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