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Significant development in aviation industry and growing air traffic on the coattails of rising number of air passengers in both developed and developing countries are the key factors influencing the growth of aviation carpet market. To meet the ever-increasing demand and high-quality standards, manufacturers are focusing on development of ultra-light aviation carpets to reduce fuel consumption, which in turn is likely to create potential growth prospects of the aviation carpet market. In addition, transformation in the aerospace industry with emergence of high-tech and modernized aircrafts may further fuel the expansion of aviation carpet market.
However, there are some factors that might impede the growth of the global aviation carpet market. 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.
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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.
Asia Pacific to Emerge as Potential Growth Market
Asia Pacific is foreseen to emerge as an attractive region for aviation carpet market, on the back of growing commercial aviation industry and passenger traffic. Heavy investment in construction of new airports and overhaul activities of worn-out aircrafts in emerging economies such as China and India is also expected to complement the expansion of aviation carpet market in these regions. Further, increase in 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 APAC aviation carpet market.
North America is likely to contribute relatively high revenue share to the aviation carpet market, owing to presence of leading aircraft manufacturers such as Boeing and Bombardier in the region. Increase in the demand for environment-friendly and comfortable airlines is further expected to augur well with growth of North America aviation carpet market.
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Demand from Commercial and Private Sectors to Drive Market Growth
Commercial and private aircraft worldwide are generally equipped with a range of soft goods including aviation carpets that not only enhance the aesthetic value but also improve noise absorption and dampening of vibration. As quality standards are of high importance in the aviation industry, the carpets are developed with special attention given to color, material, design and durability. The aviation carpets are made of various kinds of materials including wool, nylon, polyamide, wool-polyamide combination, and nylon-wool combination. Global demand for aviation carpets has been witnessing an exponential rise in the recent years, owing to expansion of aviation industry along with the need to ensure safety and comfort of passengers.
Market Segmentation
The global aviation carpet market can be segmented on the basis of material type and application. Based on material type, the global aviation carpet market is segmented into Wool, Nylon, Polyamide, Wool/Polyamide, and Wool/Nylon. Based on application the global market is segmented into Commercial Aircraft, Defense/Military Aircraft, Helicopters, and Others.
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