According to Cognitive Market Research, The Global Automotive Leather market size is USD 33.1 billion in 2023 and grow at a compound annual growth rate (CAGR) of 6.80% from 2023 to 2030.
The strong customer demand for high-end and opulent car interiors, driven by the quest for comfort, beauty, and perceived value, fuels the automotive leather market. Expanding into emerging areas and producing more vehicles both help the market grow.
To satisfy environmental requirements and consumer preferences, sustainable and environmentally friendly leather materials are becoming more popular.
The Passenger Cars category held the highest Automotive Leather market revenue share in 2023.
Due to economic growth and a growing automotive industry, the Middle East and Africa area has significant growth potential, which will help the market grow overall.