Market Share of Automotive Upholstery Industry
The Automotive Upholstery Market is the moderately consolidated one owing to its competitive nature and the presence of a large number of players operating in it across the globe. These players are estimated to focus on the development of new products and innovations, which will help them expand their product portfolio and attract a large number of consumers across the globe. For instance, in March 2021, Adient, a global leader in automotive seating, announced that as part of its strategic transformation in China, it has entered into definitive agreements with joint venture partner Yanfeng Automotive Trim Systems Ltd. (YF) to end its Yanfeng Adient Seating Co., Ltd. (YFAS) joint venture in China.
Some of the key players in the market are Adient PLC, Lear Corporation, Toyota Boshoku Corporation, Faurecia SE, and Seiren Co. Ltd.
Automotive Upholstery Market Leaders
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Adient PLC
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Lear Corporation
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Toyota Boshoku Corporation
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Faurecia SE
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Seiren Co. Ltd
*Disclaimer: Major Players sorted in no particular order
