Press release
Global Aircraft Interior Decoration Materials Market Comprehensive Study: Forecasted Market Size And Growth Rate | Mohawk Industries Inc., Hong Kong Aircraft Engineering Company Limited, Desso Aviation
Aircraft Interior Decoration Materials Market Competitor
The Business Research Company offers in-depth market insights through Aircraft Interior Decoration Materials Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The aircraft interior decoration materials market size has grown strongly in recent years. It will grow from $18.63 billion in 2023 to $20.27 billion in 2024 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to growth in air travel, passenger comfort and experience, airline branding and differentiation, stringent safety regulations, retrofitting and refurbishment, advancements in cabin systems..
The aircraft interior decoration materials market size is expected to see strong growth in the next few years. It will grow to $28.16 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to sustainability initiatives, in-flight entertainment enhancements, focus on hygiene and cleanliness, luxury air travel segment, introduction of next-gen aircraft.. Major trends in the forecast period include lightweight and high-performance materials, customization and personalization, integration of connectivity features, human-centric design, led lighting integration, innovations in fabrics and textiles..
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Market Segmentation:
The aircraft interior decoration materials market covered in this report is segmented -
1) By Type: Aircraft Seating, In-Flight Entertainment, Cabin Lighting, Galley Equipment, Aircraft Lavatory, Aircraft Windows And Windshields, Other Types
2) By Application: Commercial Aircraft, Private Aircraft
Major Driver - Rising Demand For Aircraft Propels Interior Decoration Materials Market Growth
The increasing demand for commercial and private aircraft is expected to propel the growth of the aircraft interior decoration materials market going forward. Commercial aircraft refers to a plane that carries passengers or goods, rather than a military aircraft, and private aircraft is any aircraft engaged in a personal or business flight. Aircraft interior decoration materials are lightweight materials used in the aircraft cabin interior that are made from a wide variety of nonmetallic materials for various applications. For instance, in December 2022, United Airlines Inc., a United States-based major airline company purchased up to 200 new Boeing widebody planes. Among the 787-8, 9, and 10 models, United Airlines Inc. will be able to support a wide range of routes with these new widebody planes. The new planes will be delivered between 2024 and 2032. In commercial aviation history, this U.S. carrier has placed the largest order for widebody aircraft with 100 new 787 Dreamliners, plus the option to add 100 options. Therefore, increasing demand for commercial and private aircraft is driving the growth of the aircraft interior decoration materials market.
Competitive Landscape:
Major companies operating in the aircraft interior decoration materials market report are Mohawk Industries Inc., Hong Kong Aircraft Engineering Company Limited, Desso Aviation, Botany Weaving Mill Limited, Lantal Textiles AG, BIC Carpets, Airworthy Aerospace Industries Inc., Neotex Ltd., Delos Inc., ACM Aircraft Cabin Modification GmbH, Astronics Corporation, Cobham Limited, Diehl Stiftung and Co. KG, AVIC Cabin Systems (UK) Limited, Henkel AG & Co. KGaA, Haeco Limited, Haima Carpet, CAP Carpet, Aerofloor, Anjou Aéronautique, Spectra Interior Products, Tapis Corporation, Perrone Aerospace, OmnAvia Interiors, Acro Aircraft Seating Ltd., Aviointeriors S.p.A, Boeing Encore Interiors LLC, Collins Aerospace (Raytheon Technologies Corporation), TenCate Advanced Composites, Zodiac Aerospace, B/E Aerospace .
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Top Trend - Embracing Sustainability With Upcycled Aircraft Interior Materials
Product innovation is a key trend gaining popularity in the aircraft interior decoration materials market. Major companies operating in the market are focused on developing Product innovation is a key trend gaining popularity in the aircraft interior decoration materials market. Major companies operating in the market are focused on developing innovative products to strengthen their position in the market. For instance, in November 2023, Emirates, a UAE-based aviation company, launched a unique and innovative collection of limited-edition luggage and accessories made from upcycled aircraft interiors called Aircrafted by Emirates. The materials used for the collection have been sourced from the iconic Emirates A380 and 777 aircraft.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Aircraft Interior Decoration Materials Market Characteristics
3. Aircraft Interior Decoration Materials Market Trends And Strategies
4. Aircraft Interior Decoration Materials Market - Macro Economic Scenario
5. Aircraft Interior Decoration Materials Market Size And Growth
…..
27. Aircraft Interior Decoration Materials Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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