Aircraft Soft Goods Market Analysis

Aircraft Soft Goods Market Analysis

In 2019, commercial aircraft held over 85% share in the aircraft soft goods market owing to rising deliveries of narrow-body aircrafts across the world. Emerging countries are experiencing a surge in demand for short to medium haul travel. Rising usage of low-cost carriers coupled with expanding routes offered by airliners are expected to provide a significant boost in the market size. Moreover, airliners are focusing on increasing their flight seating capacities and enhancing level of seating comfort, influencing the industry demand.
 

Seat covers will register growth of around 2.6% during the forecast period impelled by increasing concerns towards aesthetics, comfort, and hygiene of aircraft seats. Such trends will propel the usage of soft and stain resistant seats covers, that results in significant fuel saving of an aircraft as compared to leather seat covers. Apart from this, government regulations focusing on usage of biodegradable and eco-friendly seat covers will fuel the market growth.
 

Wool/nylon blend fabric accounted for 70% aircraft soft goods market share on account of properties including, excellent wear resistance, good durability, and superior insulating characteristics. Manufacturers are developing new products that combine properties of wool and nylon fabric to enhance the aesthetics of aircraft interior.
 

OEM segment is anticipated to dominate the aircraft soft goods market over the coming years led by growing number of commercial aircraft deliveries across the globe. Increasing air travel demand coupled with rising low-cost airliners in the Asia Pacific region will support the segment growth.
 

In 2019, North America aircraft soft goods market dominated around 45% revenue share. Proliferating commercial airline industry with rising air travel demand in the U.S. will boost the industey growth. Stringent government regulations towards aircraft maintenance and repair activities will create need for refurbishment & repair of interior components of an aircraft will drive the market demand.