Global Seat Industry Expansion is Forecast to Reach 5.3% P.A.

Date: 2015-08-14

“The expansion of the global seat industry is forecast to reach 5.3% p.a. in the coming years. Between 2007 and 2013 the market increased with an average annual growth of 3.5%. Currently, seat parts account for 53.5% of the global demand while the remaining market share is divided between seats with wooden frames (29.1%), seats convertible into beds (9.8%), seats with metal frames (2.8%), swivel seats with variable height adjustment (1.5%), motor vehicle seats (0.8%), aircraft seats (0.0%), and other seats (2.5%).

China, Germany, Japan, the United Kingdom and the United States represent the largest seat markets while the strongest annual growth is forecast to occur in Kenya (16.3%), Tanzania (16.2%), Bolivia (14.3%), Bangladesh (12.7%) and Ethiopia (12.2%).”

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