Automotive Armrest Market Synopsis

Automotive Armrest Market Size Was Valued at USD 2.1 Billion in 2023, and is Projected to Reach USD 2.3 Billion by 2032, Growing at a CAGR of 1.0% From 2024-2032.

• Automobiles are the vehicles that have automotive armrests, which is a place for drivers to rest their hands or hide some important things in order to get them easily while driving. The specific functions of a non-vital vehicle, cup holder, and ample space are among its features. The automobile backseat armrest, which is foldable, serves dual purposes: it can take in a third person and a person who wants to sleep on their side. This feature is only available in luxury cars. For the most part, all car doors have an armrest that you can rest your wrists on or use it to keep the door open while you operate the car.
• Seating or doors may be equipped with an automotive armrest. No matter what the height of the driver or where he is sitting, armrests are a great addition to his driving comfort. A few car armrests are totally collapsible, bendable and can withstand the heavy use. Besides, the armrests that contain soft materials like cloth, vinyl, leather or PUR which have an additional aesthetic value and are also functional enough to provide wireless charging and portability are increasingly becoming popular among consumers. Thus, the armrests need are growing.
• The automotive armrest market is driven by an increase in vehicle manufacturing and sales, rental car demand, after-market demand as well as a growing trend of automobile aesthetics.

Automotive Armrest Market Trend Analysis

Rise in the production and sales of new vehicles

• The more the road journeys are on, the bigger is going to be the market for automotive armrests. The automotive armrest market is booming due to the increasing demand for armrests from original equipment manufacturers (OEMs) which in turn, is driven by the rising production and sales of new vehicles. Also, a growing car rental market and the focus on automobile interior design are expected to be the driving force of the automotive armrest market in future.
• It is projected that the global automotive armrest market will grow with the increasing e-commerce era. The transportation costs, for example, public transport or gasoline and the impossibility of comparing the prices among retail establishments can be a great factor in increasing the overall cost of purchase for customers. On the other hand, online shopping provides goods at prices that are almost non-existent. The process of getting a product from an online retailer is quick and can be done easily through a mobile device thus the user does not have to be in person at the establishment. Hence, the leading armrest manufacturers are now selling their products online with the aim of getting a bigger share in the international automotive armrest market.

Vehicle Comfort Features Drive the market

• The topmost priority of the owners is to maintain the highest level of convenience for their cars. An armrest is an automotive accessory that significantly adds up to the comfort of a car. The armrest does not block the way of changing speeds and applying the handbrake. Usually, a soft cushioning is had on the armrests' tops to make it comfortable for those who are seating. The strength and quality are guaranteed by the steel reinforcement of each armrest. The car armrest has been changed from its original use as a stowage compartment to the function of the console, which allows you to control features like air conditioning, windows and seat massagers. The vehicle's equipment may also include the electrical system's control console and the practical stowage compartment. The armrest is perfect for the mini-refrigerators and electronic devices that are sensitive to temperature by having the thermal insulation features incorporated in it. Besides, a variety of shapes and styles can be made from this advanced plastic processing technology. Following the Pabla Enterprise model, for the Maruti Suzuki Dzire you get a wooden armrest console. So, the automotive armrests market will have a boost because of the increasing demand for comfortable and technologically advanced armrests.

Automotive Armrest Market Segment Analysis:

Automotive Armrest Market is segmented based on type, material, and sales channel.

By type, passenger vehicles segment is expected to dominate the market during the forecast period

• The more the per capita income goes up, the greater is the need for new cars in the automobile industry; thus this creates a demand for automotive armrests. According to the OICA, in 2017, cars production all over the world was about 97 million and this number is expected to grow in future. The automotive armrest market will be boosted in general by these factors during the forecast period.

By sales chgannel, aftermarkets segment held the largest share in 2023

• It is expected that the aftermarket will be ruling over the automotive armrest sector in future years. The growing demand among vehicle owners to retrofit older cars with the same comforts and technologies as those provided by original equipment manufacturers (OEMs) in newer models is mainly responsible for this dominance. On the other hand, as the age of vehicles worldwide increases, so does the demand for replacement parts and enhancements which in turn expands the aftermarket armrest segment.

Automotive Armrest Market Regional Insights:

Asia Pacific, is Expected to Dominate the Market Over the Forecast period

• Asia-Pacific has the biggest market share in the world and it is expected to retain this position during the forecast period because of its rapid urbanization and increasing per capita purchasing power. This place is the heart of the global automotive manufacturing industry. Car sales are on the increase, and so is armrest market that goes hand in hand with car demand. Besides, the automotive armrest market of this region is also driven by the development of e-commerce industry and a well-established supply chain network for automobile production and shipbuilding sectors besides having strong economies like China, India, Japan, South Korea. These factors are the main causes of the increasing need for transportation and thus, the market for automotive armrests is also growing. North America and Europe are the next major regions in the global market because they have significant automotive companies and a well-established vehicle market.

Active Key Players in the Automotive Armrest Market

• Grammer
• EFH Armrests
• Fehrer
• ABC Group
• BOS
• Master Molded Products Corporation
• Irvin Automotive Products
• Accuride
• Bentex Automotive
• Yangfeng Johnson Controls
• Intap
• Proseat, Other Key Players

1. INTRODUCTION
   1. RESEARCH OBJECTIVES
   2. RESEARCH METHODOLOGY
   3. RESEARCH PROCESS
   4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
   5. MARKET SEGMENTATION
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW
4. GROWTH OPPORTUNITIES BY SEGMENT
5. MARKET LANDSCAPE
   1. PORTER’S FIVE FORCES ANALYSIS
      1. Bargaining Power Of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
   2. INDUSTRY VALUE CHAIN ANALYSIS
   3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   4. MARKET TREND ANALYSIS
   5. REGULATORY LANDSCAPE
   6. PESTLE ANALYSIS
   7. PRICE TREND ANALYSIS
   8. PATENT ANALYSIS
   9. TECHNOLOGY EVALUATION
   10. MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
       1. Geopolitical Market Disruptions
       2. Supply Chain Disruptions
       3. Instability in Emerging Markets
   11. ECOSYSTEM
6. AUTOMOTIVE ARMREST MARKET BY TYPE (2017-2032)
   1. AUTOMOTIVE ARMREST MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. PASSENGER VEHICLES
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017 – 2032F)
      3. Historic And Forecasted Market Size in Volume (2017 – 2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. COMMERCIAL VEHICLES
7. AUTOMOTIVE ARMREST MARKET BY MATERIAL (2017-2032)
   1. AUTOMOTIVE ARMREST MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. WOOD
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017 – 2032F)
      3. Historic And Forecasted Market Size in Volume (2017 – 2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. PLASTIC
   5. STEEL
   6. ALUMINIUM
8. AUTOMOTIVE ARMREST MARKET BY SALES CHANNEL (2017-2032)
   1. AUTOMOTIVE ARMREST MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. AFTERMARKET
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017 – 2032F)
      3. Historic And Forecasted Market Size in Volume (2017 – 2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. OEMS
9. COMPANY PROFILES AND COMPETITIVE ANALYSIS
   1. COMPETITIVE LANDSCAPE
      1. Competitive Positioning
      2. AUTOMOTIVE ARMREST Market Share By Manufacturer (2023)
      3. Industry BCG Matrix
      4. Heat Map Analysis
      5. Mergers & Acquisitions
   2. GRAMMER
      1. Company Overview
      2. Key Executives
      3. Company Snapshot
      4. Role of the Company in the Market
      5. Sustainability and Social Responsibility
      6. Operating Business Segments
      7. Product Portfolio
      8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
      9. Key Strategic Moves And Recent Developments
      10. SWOT Analysis
   3. EFH ARMRESTS
   4. FEHRER
   5. ABC GROUP
   6. BOS
   7. MASTER MOLDED PRODUCTS CORPORATION
   8. IRVIN AUTOMOTIVE PRODUCTS
   9. ACCURIDE
   10. BENTEX AUTOMOTIVE
   11. YANGFENG JOHNSON CONTROLS
   12. INTAP
   13. PROSEAT
10. GLOBAL AUTOMOTIVE ARMREST MARKET BY REGION
    1. OVERVIEW
    2. NORTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Type
       4. Historic And Forecasted Market Size By Material
       5. Historic And Forecasted Market Size By Sales Channel
       6. Historic And Forecasted Market Size By Country
          1. USA
          2. Canada
          3. Mexico
    3. EASTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Russia
          2. Bulgaria
          3. The Czech Republic
          4. Hungary
          5. Poland
          6. Romania
          7. Rest Of Eastern Europe
    4. WESTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Germany
          2. United Kingdom
          3. France
          4. The Netherlands
          5. Italy
          6. Spain
          7. Rest Of Western Europe
    5. ASIA PACIFIC
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. China
          2. India
          3. Japan
          4. South Korea
          5. Malaysia
          6. Thailand
          7. Vietnam
          8. The Philippines
          9. Australia
          10. New-Zealand
          11. Rest Of APAC
    6. MIDDLE EAST & AFRICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Turkey
          2. Bahrain
          3. Kuwait
          4. Saudi Arabia
          5. Qatar
          6. UAE
          7. Israel
          8. South Africa
    7. SOUTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Brazil
          2. Argentina
          3. Rest of South America
11. INVESTMENT ANALYSIS
12. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. AUTOMOTIVE ARMREST MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. AUTOMOTIVE ARMREST MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. AUTOMOTIVE ARMREST MARKET COMPETITIVE RIVALRY
TABLE 005. AUTOMOTIVE ARMREST MARKET THREAT OF NEW ENTRANTS
TABLE 006. AUTOMOTIVE ARMREST MARKET THREAT OF SUBSTITUTES
TABLE 007. AUTOMOTIVE ARMREST MARKET BY TYPE
TABLE 008. PASSENGER VEHICLES MARKET OVERVIEW (2016-2028)
TABLE 009. COMMERCIAL VEHICLES MARKET OVERVIEW (2016-2028)
TABLE 010. AUTOMOTIVE ARMREST MARKET BY MATERIAL
TABLE 011. WOOD MARKET OVERVIEW (2016-2028)
TABLE 012. PLASTIC MARKET OVERVIEW (2016-2028)
TABLE 013. STEEL MARKET OVERVIEW (2016-2028)
TABLE 014. ALUMINIUM MARKET OVERVIEW (2016-2028)
TABLE 015. AUTOMOTIVE ARMREST MARKET BY SALES CHANNEL
TABLE 016. AFTERMARKET MARKET OVERVIEW (2016-2028)
TABLE 017. OEMS MARKET OVERVIEW (2016-2028)
TABLE 018. NORTH AMERICA AUTOMOTIVE ARMREST MARKET, BY TYPE (2016-2028)
TABLE 019. NORTH AMERICA AUTOMOTIVE ARMREST MARKET, BY MATERIAL (2016-2028)
TABLE 020. NORTH AMERICA AUTOMOTIVE ARMREST MARKET, BY SALES CHANNEL (2016-2028)
TABLE 021. N AUTOMOTIVE ARMREST MARKET, BY COUNTRY (2016-2028)
TABLE 022. EUROPE AUTOMOTIVE ARMREST MARKET, BY TYPE (2016-2028)
TABLE 023. EUROPE AUTOMOTIVE ARMREST MARKET, BY MATERIAL (2016-2028)
TABLE 024. EUROPE AUTOMOTIVE ARMREST MARKET, BY SALES CHANNEL (2016-2028)
TABLE 025. AUTOMOTIVE ARMREST MARKET, BY COUNTRY (2016-2028)
TABLE 026. ASIA PACIFIC AUTOMOTIVE ARMREST MARKET, BY TYPE (2016-2028)
TABLE 027. ASIA PACIFIC AUTOMOTIVE ARMREST MARKET, BY MATERIAL (2016-2028)
TABLE 028. ASIA PACIFIC AUTOMOTIVE ARMREST MARKET, BY SALES CHANNEL (2016-2028)
TABLE 029. AUTOMOTIVE ARMREST MARKET, BY COUNTRY (2016-2028)
TABLE 030. MIDDLE EAST & AFRICA AUTOMOTIVE ARMREST MARKET, BY TYPE (2016-2028)
TABLE 031. MIDDLE EAST & AFRICA AUTOMOTIVE ARMREST MARKET, BY MATERIAL (2016-2028)
TABLE 032. MIDDLE EAST & AFRICA AUTOMOTIVE ARMREST MARKET, BY SALES CHANNEL (2016-2028)
TABLE 033. AUTOMOTIVE ARMREST MARKET, BY COUNTRY (2016-2028)
TABLE 034. SOUTH AMERICA AUTOMOTIVE ARMREST MARKET, BY TYPE (2016-2028)
TABLE 035. SOUTH AMERICA AUTOMOTIVE ARMREST MARKET, BY MATERIAL (2016-2028)
TABLE 036. SOUTH AMERICA AUTOMOTIVE ARMREST MARKET, BY SALES CHANNEL (2016-2028)
TABLE 037. AUTOMOTIVE ARMREST MARKET, BY COUNTRY (2016-2028)
TABLE 038. GRAMMER: SNAPSHOT
TABLE 039. GRAMMER: BUSINESS PERFORMANCE
TABLE 040. GRAMMER: PRODUCT PORTFOLIO
TABLE 041. GRAMMER: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 041. EFH ARMRESTS: SNAPSHOT
TABLE 042. EFH ARMRESTS: BUSINESS PERFORMANCE
TABLE 043. EFH ARMRESTS: PRODUCT PORTFOLIO
TABLE 044. EFH ARMRESTS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 044. FEHRER: SNAPSHOT
TABLE 045. FEHRER: BUSINESS PERFORMANCE
TABLE 046. FEHRER: PRODUCT PORTFOLIO
TABLE 047. FEHRER: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 047. ABC GROUP: SNAPSHOT
TABLE 048. ABC GROUP: BUSINESS PERFORMANCE
TABLE 049. ABC GROUP: PRODUCT PORTFOLIO
TABLE 050. ABC GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 050. BOS: SNAPSHOT
TABLE 051. BOS: BUSINESS PERFORMANCE
TABLE 052. BOS: PRODUCT PORTFOLIO
TABLE 053. BOS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 053. MASTER MOLDED PRODUCTS CORPORATION: SNAPSHOT
TABLE 054. MASTER MOLDED PRODUCTS CORPORATION: BUSINESS PERFORMANCE
TABLE 055. MASTER MOLDED PRODUCTS CORPORATION: PRODUCT PORTFOLIO
TABLE 056. MASTER MOLDED PRODUCTS CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 056. IRVIN AUTOMOTIVE PRODUCTS: SNAPSHOT
TABLE 057. IRVIN AUTOMOTIVE PRODUCTS: BUSINESS PERFORMANCE
TABLE 058. IRVIN AUTOMOTIVE PRODUCTS: PRODUCT PORTFOLIO
TABLE 059. IRVIN AUTOMOTIVE PRODUCTS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 059. ACCURIDE: SNAPSHOT
TABLE 060. ACCURIDE: BUSINESS PERFORMANCE
TABLE 061. ACCURIDE: PRODUCT PORTFOLIO
TABLE 062. ACCURIDE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 062. BENTEX AUTOMOTIVE: SNAPSHOT
TABLE 063. BENTEX AUTOMOTIVE: BUSINESS PERFORMANCE
TABLE 064. BENTEX AUTOMOTIVE: PRODUCT PORTFOLIO
TABLE 065. BENTEX AUTOMOTIVE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 065. YANGFENG JOHNSON CONTROLS: SNAPSHOT
TABLE 066. YANGFENG JOHNSON CONTROLS: BUSINESS PERFORMANCE
TABLE 067. YANGFENG JOHNSON CONTROLS: PRODUCT PORTFOLIO
TABLE 068. YANGFENG JOHNSON CONTROLS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 068. INTAP: SNAPSHOT
TABLE 069. INTAP: BUSINESS PERFORMANCE
TABLE 070. INTAP: PRODUCT PORTFOLIO
TABLE 071. INTAP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 071. PROSEAT: SNAPSHOT
TABLE 072. PROSEAT: BUSINESS PERFORMANCE
TABLE 073. PROSEAT: PRODUCT PORTFOLIO
TABLE 074. PROSEAT: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 074. NOCO AB: SNAPSHOT
TABLE 075. NOCO AB: BUSINESS PERFORMANCE
TABLE 076. NOCO AB: PRODUCT PORTFOLIO
TABLE 077. NOCO AB: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 077. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 078. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 079. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 080. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. AUTOMOTIVE ARMREST MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. AUTOMOTIVE ARMREST MARKET OVERVIEW BY TYPE
FIGURE 012. PASSENGER VEHICLES MARKET OVERVIEW (2016-2028)
FIGURE 013. COMMERCIAL VEHICLES MARKET OVERVIEW (2016-2028)
FIGURE 014. AUTOMOTIVE ARMREST MARKET OVERVIEW BY MATERIAL
FIGURE 015. WOOD MARKET OVERVIEW (2016-2028)
FIGURE 016. PLASTIC MARKET OVERVIEW (2016-2028)
FIGURE 017. STEEL MARKET OVERVIEW (2016-2028)
FIGURE 018. ALUMINIUM MARKET OVERVIEW (2016-2028)
FIGURE 019. AUTOMOTIVE ARMREST MARKET OVERVIEW BY SALES CHANNEL
FIGURE 020. AFTERMARKET MARKET OVERVIEW (2016-2028)
FIGURE 021. OEMS MARKET OVERVIEW (2016-2028)
FIGURE 022. NORTH AMERICA AUTOMOTIVE ARMREST MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. EUROPE AUTOMOTIVE ARMREST MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 024. ASIA PACIFIC AUTOMOTIVE ARMREST MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 025. MIDDLE EAST & AFRICA AUTOMOTIVE ARMREST MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 026. SOUTH AMERICA AUTOMOTIVE ARMREST MARKET OVERVIEW BY COUNTRY (2016-2028)