Title: Aircraft Soft Goods Market to grow at over 3% CAGR from 2018 to 2024
1OEM Aircraft Soft Goods Market will exhibit
growth over 3 from 2018 to 2024
2Key Insights from Aircraft Soft Goods Market
- 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. - Seat cover will witness around 3.5 CAGR till
2024 owing to increasing trends toward upgrading
seat and support covers in commercial airplanes.
In addition, proliferating demand for admirable
cabin interiors in executive class installed with
superior carpets will support aircraft soft good
market size over the forecast timeframe. - Carpets have a substantial share owing to the
availability of enhanced cabin space and rising
airplane fabrication to meet the backlog.
Curtains will foresee a considerable growth with
the utilization for cabin separation in
commercial airplanes and business jets.
3Continued...
- Commercial aircrafts will contribute over 85 of
the overall revenue share in 2017. The growth can
be credited to the expansion of overall aerospace
industry and rising comfort level demand from
passengers. Regional jets segment will witness a
healthy CAGR of over 6.5 from 2018 to 2024 owing
to increasing regional flight frequency and
utilization of lightweight upholstery products in
these airplanes. - 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. - OEMs will exhibit over 3 CAGR till 2024 owing to
product installation after the airplane assembly.
The escalation in industry can be attributed to
long-term contracts between companies, ensuring
an unremitting product supply. Aftermarket
segment will witness a robust growth with a rise
in refurbishment activities and replacement of
worn-out goods with advanced ones.
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5U.S. Aircraft Soft Goods Market, By Aircraft,
2017 2024, (USD Million)
6Major Companies in Aircraft Soft Goods Market
- Anker Company
- Tapis Corporation
- Spectra Interior Products
- RAMM Aerospace
- Mohawk Group
- Lantal Textile AG
- InTech Aerospace
- Hong Kong Aircraft Engg. Ltd. (HAECO)
- F-list, Fellfab, E-Leather, Desso Group
7Industry Coverage
8Regional Insights in Aircraft Soft Goods Market
- 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.
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