Aviation Carpet Market: Introduction
Today, owing to the strong outlook of the aerospace industry, the aviation carpet market is anticipated to gain traction over the forecast period. As quality standards are highly important in the aerospace industry, aviation carpets are developed with special attention given to design, color and durability. The accumulative count of commercial aircrafts, defense/military aircrafts, etc. is predicted to increase during the forecast period, which in turn, will increase the demand for aviation carpet in near future.
Aviation carpets are generally available in different material, such as nylon, wool, polyamide, combination of nylon & wool and combination of wool & polyamide. Among these, nylon aviation carpets are highly preferred over others owing to their advantages.
More recently, aviation carpets have witnessed growth in demand from the aerospace industries, primarily due to the significant growth in air traffic in the past few years. Moreover, manufacturers in the aviation carpet market are focused on developing ultra-light weight aircraft carpets to reduce fuel consumption.
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Aviation Carpet Market: Market Dynamics
The ever growing aviation/aerospace industry, both in developed and developing economies, is expected to be the primary factor responsible for the growth of the global aviation carpet market over the forecast period. Moreover, the growing number of aircraft deliveries is also expected to give traction to the growth of aviation carpet market in the coming decade. Furthermore, significant progress in air traffic has been witnessed in the last few years and there are signs that this traffic will continue to expand in the coming years, which will ultimately also fuel the growth of the aviation carpet market. That apart, aircraft manufacturers have re-entered the market with high-tech and modernized aircrafts. This is also projected to fuel the growth of aviation carpet market over the forecast period.
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 aviation carpet market over the forecast period.
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 aviation carpet market are focusing on providing customized carpets based on consumer demand. Additionally, strong outlook of aerospace industry will create significant opportunities for the aviation carpet manufacturers.
Aviation Carpet Market: Regional Outlook
Regional demand dynamics is directly connected with the demand from the aerospace industries. Over the forecast period, North America is expected to be closely followed by Europe. Both of these markets are anticipated to witness enormous growth in the aviation carpet market as aerospace industry is one the most matured industries in developed economies, such as the United States, Germany, etc. Moreover, developing countries in Asia Pacific, such as China and India, are estimated to grow at substantial CAGR during the forecast period in the global aviation carpet market owing to growing investments in the aerospace sector. Latin America is expected to grow at a considerable CAGR during the forecast period owing to increasing air passenger traffic in the region. Middle East and Africa and Japan are expected to support the growth of the aviation carpet market over the forecast period.
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Aviation Carpet Market: Market Participants
Examples of some of the key participants identified across the value chain of the global aviation carpet market include:
- SCS Interiors
- 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
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