Summary
Major players in the aircraft interior decoration materials market 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 and Henkel AG & Co. KGaA.
The global aircraft Interior decoration materials market is expected to grow from $17.10 billion in 2022 to $18.59 billion in 2023 at a compound annual growth rate (CAGR) of 8.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The aircraft Interior decoration materials market is expected to reach $25.13 billion in 2027 at a CAGR of 7.8%.
The aircraft interior decorative material consists of sales of decorative materials including wood.Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers.
The value of goods in this market includes related services sold by the creators of the goods.
The aircraft interior decoration materials refer to lightweight materials used for decorating aerospace interiors. Decorative surfaces in aircraft include plastic films or laminates, cloth tapestries, plastic laminates, or paint.
Asia-Pacific was the largest region in the aircraft interior decoration materials market in 2022. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The major types of aircraft interior decoration materials are aircraft seating, in-flight entertainment, cabin lighting, galley equipment, aircraft lavatory, aircraft windows and windshields, and other types. In-flight entertainment and connectivity (IFEC) refers to the onboard internet service offered by airlines to business and commercial aircraft passengers. They are used by commercial aircraft, private aircraft
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.
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 February 2020, Lantal, a Switzerland-based textile designer launched the industry’s first certified heating-and-cooling system for aircraft seats, developed in partnership with Gentherm, which will allow passengers to set their personal temperature in flight.
It is a specially designed heat mat that transforms electrical energy into heat using resistive wires stitched to a fire blocker, with a heat conductor placed directly underneath the seat cover.A ventilation system pulls air through the seat cushion, to create a cooling effect.
Lantal has developed special fabrics that enable better airflow. They were also designed to be energy efficient, with low power consumption. Lantal believes this feature will appeal to passengers who are used to temperature settings in their cars.
In August 2022, The Heads Up Technologies, a US-based lighting, CMS, and flight deck safety products manufacturer, acquired STG Aerospace for an undisclosed amount.Through this acquisition, STG Aerospace and Heads Up Technologies have actively engaged with business aviation stakeholders to combine technologies from both companies.
Customers will benefit from a broader product portfolio and a much larger engineering team. STG Aerospace is a UK-based company known for its aircraft cabin lighting technologies for the aviation industry.
The countries covered in the Aircraft Interior Decoration Materials market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.
The market value is defined as the revenues that enterprises gain from goods and/or services sold within the specified market and geography through sales, grants, or donations in terms of currency (in USD unless otherwise specified).
The revenues for specified geography are consumption values – that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced. It does not include revenues from resales either further along the supply chain or as part of other products.
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