Aviation Carpet Market

Aviation Carpet Market Outlook (2022 to 2032)

Worldwide, commercial and private aircraft are typically outfitted with a variety of soft goods, such as aviation carpets, which not only improve the aesthetic value but also boost noise and vibration absorption. Because the aviation sector places a great value on quality standards, particular consideration is paid to color, material, design, and durability while creating carpets.

The materials used to make aviation carpets include nylon, wool, polyamide, and combinations of nylon and polyamide. Due to the growth of the aviation sector and the necessity to protect the safety and comfort of passengers, the demand for aircraft carpets has been increasing dramatically on a global scale recently.

The market is anticipated to grow with a CAGR of 3% in the forecast period. The market was valued at USD 14.88 billion in 2022, this is further expected to cross a valuation of USD 20 billion by end of 2032.

Report Attributes	Details
Market size (2022 A)	USD 20 billion
Base Year for Estimation	2022
Forecast duration for this research	2022-2032
Forecasted Market value (2032 F)	USD 14.88 billion
Global Market Growth rate (2022-2032 E)	CAGR of 3%
Key Companies Profiled	SCS Interiors Lantal DESSO AVIATION LUXIA INNOVATION Vandana Carpets MOHAWK CARPET, LLC Aircraft Interior Products, Inc. Spectra Interior Products OmnAvia Interiors, LLC B.I.C. CARPETS BOTANY WEAVING

What are drivers of demand in this market?

A significant development in the aviation industry and growing air traffic on the coattails of the rising number of air passengers in both developed and developing countries are the key factors influencing the growth of the market.

To meet the ever-increasing demand and high-quality standards, manufacturers are focusing on the development of ultra-light aviation carpets to reduce fuel consumption, which in turn is likely to create potential growth prospects for the market. In addition, transformation in the aerospace industry with the emergence of high-tech and modernized aircraft may further fuel the expansion of the market.

Moreover, the commercial airline sector is anticipated to expand to accommodate more flights and customers in the future period which is also likely to dominate the demand for carpets needed in the aviation industry.

What are the hindering factors of growth for this market?

The aviation sector was shut down by the coronavirus epidemic in 2020. Because of their extremely low revenue sources, airlines were unable to cover their operating expenses. As a result, aviation worldwide suffered significant losses. Yet, in the wake of the pandemic, hopes were raised for a steady recovery of the aviation industry thanks to the countercyclical fiscal policy of governments all over the world.

The aviation sector has shown consistent growth over the past ten years, which raises the prospect of future growth. For instance, between 2009 and 2019, the worldwide aviation industry's revenue increased at a compound annual growth rate of about 5.3 percent, reaching 838 billion USD in 2019.

Furthermore, nylon aviation carpets generally attract more dirt and stain than wool. Thus, to keep nylon carpets clean, the entire maintenance manual that comes with them must be changed. This is anticipated to act as a restraining factor for the growth of the market over the forecast period.

Region Wise Insights

One of the most significant markets for air travel is the European Union, followed by the US, Brazil, China, and China. North America is likely to contribute a relatively high revenue share to the market, owing to the presence of leading aircraft manufacturers such as Boeing and Bombardier in the region. An increase in the demand for environment-friendly and comfortable airlines is further expected to augur well with the growth of the North America market.

Asia Pacific is foreseen to emerge as an attractive region for the market, on the back of the growing commercial aviation industry and passenger traffic. Heavy investment in the construction of new airports and overhaul activities of worn-out aircraft in emerging economies such as China and India is also expected to complement the expansion of the market in these regions.

Further, an increase in the number of both domestic and international air travelers, on the back of stable economic growth, rising disposable income, and high spending capabilities, may continue to strengthen the APAC market.

Competitive Landscape

Market leaders-both dedicated manufacturers and OEMs-are focusing on research and development activities to develop innovative and efficient products. Moreover, the players in the market are focusing on providing customized carpets based on consumer demand. Additionally, the strong outlook of aerospace industry will create significant opportunities for manufacturers.

Segmentation

• By Material Type :

  • Wool
  • Nylon
  • Polyamide
  • Wool/Polyamide
  • Wool/Nylon

• By Application :

  • Commercial Aircraft
  • Defense/Military Aircraft
  • Helicopters
  • Others

• By Regions :

  • North America 
  • Latin America
  • Western Europe 
  • CIS and Russia
  • Asia-Pacific 
  • Japan
  • Middle East and Africa