| Product Code: ETC4517611 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The Vietnam Automotive Fabric market is experiencing notable developments as the automotive industry continues to flourish in the region. Automotive fabrics play a crucial role in enhancing the aesthetic appeal and functionality of vehicle interiors. The market is characterized by a growing emphasis on lightweight materials, improved durability, and advanced design features. With the rising demand for comfortable and visually appealing interiors, automotive fabric manufacturers are focusing on innovation and collaboration with automakers to meet evolving consumer preferences.
The Vietnam Automotive Fabric Market is on an upward trajectory, driven by multiple factors. As the automotive industry in Vietnam continues to expand, there is a growing demand for high-quality automotive fabrics used in upholstery, interior components, and seating. Consumers are increasingly looking for comfort, aesthetics, and durability in their vehicles, spurring the need for superior automotive fabrics. Additionally, the rising awareness of safety and environmental concerns in the automotive sector is leading to innovations in materials, including sustainable and flame-retardant fabrics. These factors, combined with the government`s focus on promoting the automotive industry, are contributing to the growth of the automotive fabric market.
The automotive fabric market in Vietnam confronts challenges that influence its dynamics and competitiveness. Fluctuating consumer preferences and design trends in the automotive industry pose challenges for fabric manufacturers to stay aligned with changing demands. Additionally, the market grapples with issues related to the sustainability and eco-friendliness of automotive fabrics, requiring a shift towards environmentally conscious manufacturing practices to meet evolving regulatory standards.
The automotive fabric market in Vietnam faced challenges due to the COVID-19 pandemic, with a significant decline in automobile production and sales during lockdowns. The disruption in the supply chain and labor shortages also impacted the market. However, the market is anticipated to rebound as the automotive industry recovers, driven by the rising demand for comfortable and aesthetically pleasing interiors. The recovery is expected to be influenced by the industry`s shift towards electric vehicles and sustainability, influencing the choice of automotive fabrics.
In the dynamic sector of Vietnam`s Automotive Fabric Market, key players like Seiren Co., Ltd., a global leader in automotive interior materials, and Sage Automotive Interiors, a prominent manufacturer of automotive fabrics, have a significant impact. The presence of Borgers SE & Co. KGaA, a German company specializing in automotive textiles, further enhances the competitive landscape in this thriving market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Automotive Fabric Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Automotive Fabric Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Automotive Fabric Market - Industry Life Cycle |
3.4 Vietnam Automotive Fabric Market - Porter's Five Forces |
3.5 Vietnam Automotive Fabric Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Vietnam Automotive Fabric Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Vietnam Automotive Fabric Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for passenger cars in Vietnam |
4.2.2 Growth in the automotive industry leading to higher demand for automotive fabrics |
4.2.3 Rising disposable incomes and changing consumer preferences towards more comfortable interiors in vehicles |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition among automotive fabric manufacturers |
4.3.3 Lack of skilled labor and technological expertise in the automotive fabric industry in Vietnam |
5 Vietnam Automotive Fabric Market Trends |
6 Vietnam Automotive Fabric Market, By Types |
6.1 Vietnam Automotive Fabric Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Automotive Fabric Market Revenues & Volume, By Vehicle Type, 2021-2031F |
6.1.3 Vietnam Automotive Fabric Market Revenues & Volume, By Passenger Cars, 2021-2031F |
6.1.4 Vietnam Automotive Fabric Market Revenues & Volume, By Light Commercial Vehicles, 2021-2031F |
6.1.5 Vietnam Automotive Fabric Market Revenues & Volume, By Heavy Trucks, 2021-2031F |
6.1.6 Vietnam Automotive Fabric Market Revenues & Volume, By Buses & Coaches, 2021-2031F |
6.2 Vietnam Automotive Fabric Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Automotive Fabric Market Revenues & Volume, By Floor Covering, 2021-2031F |
6.2.3 Vietnam Automotive Fabric Market Revenues & Volume, By Upholstery, 2021-2031F |
6.2.4 Vietnam Automotive Fabric Market Revenues & Volume, By Pre-assembled Interior Components, 2021-2031F |
6.2.5 Vietnam Automotive Fabric Market Revenues & Volume, By Tires, 2021-2031F |
6.2.6 Vietnam Automotive Fabric Market Revenues & Volume, By Safety-Belts, 2021-2031F |
6.2.7 Vietnam Automotive Fabric Market Revenues & Volume, By Airbags, 2021-2031F |
7 Vietnam Automotive Fabric Market Import-Export Trade Statistics |
7.1 Vietnam Automotive Fabric Market Export to Major Countries |
7.2 Vietnam Automotive Fabric Market Imports from Major Countries |
8 Vietnam Automotive Fabric Market Key Performance Indicators |
8.1 Average selling price of automotive fabrics |
8.2 Utilization rate of manufacturing capacity |
8.3 Number of new product innovations introduced in the market |
8.4 Percentage of automotive manufacturers sourcing fabrics locally |
8.5 Customer satisfaction and feedback ratings on the quality of automotive fabrics |
9 Vietnam Automotive Fabric Market - Opportunity Assessment |
9.1 Vietnam Automotive Fabric Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Vietnam Automotive Fabric Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Vietnam Automotive Fabric Market - Competitive Landscape |
10.1 Vietnam Automotive Fabric Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Automotive Fabric Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |