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The synthetic leather market in India is forecast to grow by $1590.53 mn during 2022-2027, accelerating at a CAGR of 7.96% during the forecast period. The report on the synthetic leather market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing penetration of polyurethane (PU) synthetic leather materials, availability of a wide range of products, and shift of consumer preference from animal hide to synthetic leather products.
The synthetic leather market in India is segmented as below:
By Application
- Footwear
- Furnishing
- Automotive
- Clothing
- Others
By Type
- PVC
- PU
The report on the synthetic leather market in India covers the following areas:
- Synthetic leather market sizing
- Synthetic leather market forecast
- Synthetic leather market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The supplier presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by Application
Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
Exhibit 06: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 07: Parent market
Exhibit 08: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 09: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 10: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 11: Chart on India - Market size and forecast 2022-2027 ($ million)
Exhibit 12: Data Table on India - Market size and forecast 2022-2027 ($ million)
Exhibit 13: Chart on India: Year-over-year growth 2022-2027 (%)
Exhibit 14: Data Table on India: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Synthetic leather market in India 2017 - 2021
Exhibit 15: Historic Market Size - Data Table on Synthetic leather market in India 2017 - 2021 ($ million)
4.2 Application Segment Analysis 2017 - 2021
Exhibit 16: Historic Market Size - Application Segment 2017 - 2021 ($ million)
4.3 Type Segment Analysis 2017 - 2021
Exhibit 17: Historic Market Size - Type Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 18: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 19: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 20: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 21: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 22: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 23: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 24: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Application
6.1 Market segments
Exhibit 25: Chart on Application - Market share 2022-2027 (%)
Exhibit 26: Data Table on Application - Market share 2022-2027 (%)
6.2 Comparison by Application
Exhibit 27: Chart on Comparison by Application
Exhibit 28: Data Table on Comparison by Application
6.3 Footwear - Market size and forecast 2022-2027
Exhibit 29: Chart on Footwear - Market size and forecast 2022-2027 ($ million)
Exhibit 30: Data Table on Footwear - Market size and forecast 2022-2027 ($ million)
Exhibit 31: Chart on Footwear - Year-over-year growth 2022-2027 (%)
Exhibit 32: Data Table on Footwear - Year-over-year growth 2022-2027 (%)
6.4 Furnishing - Market size and forecast 2022-2027
Exhibit 33: Chart on Furnishing - Market size and forecast 2022-2027 ($ million)
Exhibit 34: Data Table on Furnishing - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Chart on Furnishing - Year-over-year growth 2022-2027 (%)
Exhibit 36: Data Table on Furnishing - Year-over-year growth 2022-2027 (%)
6.5 Automotive - Market size and forecast 2022-2027
Exhibit 37: Chart on Automotive - Market size and forecast 2022-2027 ($ million)
Exhibit 38: Data Table on Automotive - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Chart on Automotive - Year-over-year growth 2022-2027 (%)
Exhibit 40: Data Table on Automotive - Year-over-year growth 2022-2027 (%)
6.6 Clothing - Market size and forecast 2022-2027
Exhibit 41: Chart on Clothing - Market size and forecast 2022-2027 ($ million)
Exhibit 42: Data Table on Clothing - Market size and forecast 2022-2027 ($ million)
Exhibit 43: Chart on Clothing - Year-over-year growth 2022-2027 (%)
Exhibit 44: Data Table on Clothing - Year-over-year growth 2022-2027 (%)
6.7 Others - Market size and forecast 2022-2027
Exhibit 45: Chart on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 46: Data Table on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 47: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 48: Data Table on Others - Year-over-year growth 2022-2027 (%)
6.8 Market opportunity by Application
Exhibit 49: Market opportunity by Application ($ million)
Exhibit 50: Data Table on Market opportunity by Application ($ million)
7 Market Segmentation by Type
7.1 Market segments
Exhibit 51: Chart on Type - Market share 2022-2027 (%)
Exhibit 52: Data Table on Type - Market share 2022-2027 (%)
7.2 Comparison by Type
Exhibit 53: Chart on Comparison by Type
Exhibit 54: Data Table on Comparison by Type
7.3 PVC - Market size and forecast 2022-2027
Exhibit 55: Chart on PVC - Market size and forecast 2022-2027 ($ million)
Exhibit 56: Data Table on PVC - Market size and forecast 2022-2027 ($ million)
Exhibit 57: Chart on PVC - Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on PVC - Year-over-year growth 2022-2027 (%)
7.4 PU - Market size and forecast 2022-2027
Exhibit 59: Chart on PU - Market size and forecast 2022-2027 ($ million)
Exhibit 60: Data Table on PU - Market size and forecast 2022-2027 ($ million)
Exhibit 61: Chart on PU - Year-over-year growth 2022-2027 (%)
Exhibit 62: Data Table on PU - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Type
Exhibit 63: Market opportunity by Type ($ million)
Exhibit 64: Data Table on Market opportunity by Type ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 65: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Trends
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Exhibit 66: Impact of drivers and challenges in 2022 and 2027
9.4 Market trends
10 Vendor Landscape
10.1 Overview
10.2 Vendor landscape
Exhibit 67: Overview on Criticality of inputs and Factors of differentiation
10.3 Landscape disruption
Exhibit 68: Overview on factors of disruption
10.4 Industry risks
Exhibit 69: Impact of key risks on business
11 Vendor Analysis
11.1 Vendors covered
Exhibit 70: Vendors covered
11.2 Market positioning of vendors
Exhibit 71: Matrix on vendor position and classification
11.3 Colence Pvt. Ltd.
Exhibit 72: Colence Pvt. Ltd. - Overview
Exhibit 73: Colence Pvt. Ltd. - Product/Service
Exhibit 74: Colence Pvt. Ltd. - Key offerings
11.4 Daman Textiles
Exhibit 75: Daman Textiles - Overview
Exhibit 76: Daman Textiles - Product/Service
Exhibit 77: Daman Textiles - Key offerings
11.5 Giriraj Coated Fab Pvt. Ltd.
Exhibit 78: Giriraj Coated Fab Pvt. Ltd. - Overview
Exhibit 79: Giriraj Coated Fab Pvt. Ltd. - Product/Service
Exhibit 80: Giriraj Coated Fab Pvt. Ltd. - Key offerings
11.6 H.R. Polycoats Pvt. Ltd.
Exhibit 81: H.R. Polycoats Pvt. Ltd. - Overview
Exhibit 82: H.R. Polycoats Pvt. Ltd. - Product/Service
Exhibit 83: H.R. Polycoats Pvt. Ltd. - Key offerings
11.7 Jasch Industries Ltd.
Exhibit 84: Jasch Industries Ltd. - Overview
Exhibit 85: Jasch Industries Ltd. - Product/Service
Exhibit 86: Jasch Industries Ltd. - Key offerings
11.8 Marvel Vinyls Ltd.
Exhibit 87: Marvel Vinyls Ltd. - Overview
Exhibit 88: Marvel Vinyls Ltd. - Product/Service
Exhibit 89: Marvel Vinyls Ltd. - Key offerings
11.9 Mayur Uniquoters Ltd.
Exhibit 90: Mayur Uniquoters Ltd. - Overview
Exhibit 91: Mayur Uniquoters Ltd. - Product/Service
Exhibit 92: Mayur Uniquoters Ltd. - Key offerings
11.10 Natroyal Group
Exhibit 93: Natroyal Group - Overview
Exhibit 94: Natroyal Group - Product/Service
Exhibit 95: Natroyal Group - Key offerings
11.11 Nirmal Fibres Pvt. Ltd.
Exhibit 96: Nirmal Fibres Pvt. Ltd. - Overview
Exhibit 97: Nirmal Fibres Pvt. Ltd. - Product/Service
Exhibit 98: Nirmal Fibres Pvt. Ltd. - Key offerings
11.12 Premier Polyfilm Ltd.
Exhibit 99: Premier Polyfilm Ltd. - Overview
Exhibit 100: Premier Polyfilm Ltd. - Product/Service
Exhibit 101: Premier Polyfilm Ltd. - Key offerings
11.13 Response Fabrics Pvt. Ltd.
Exhibit 102: Response Fabrics Pvt. Ltd. - Overview
Exhibit 103: Response Fabrics Pvt. Ltd. - Product/Service
Exhibit 104: Response Fabrics Pvt. Ltd. - Key offerings
11.14 Shakti Tex Coaters Pvt. Ltd.
Exhibit 105: Shakti Tex Coaters Pvt. Ltd. - Overview
Exhibit 106: Shakti Tex Coaters Pvt. Ltd. - Product/Service
Exhibit 107: Shakti Tex Coaters Pvt. Ltd. - Key offerings
11.15 United Decoratives Pvt. Ltd.
Exhibit 108: United Decoratives Pvt. Ltd. - Overview
Exhibit 109: United Decoratives Pvt. Ltd. - Product/Service
Exhibit 110: United Decoratives Pvt. Ltd. - Key offerings
11.16 Vortex Flex Pvt. Ltd.
Exhibit 111: Vortex Flex Pvt. Ltd. - Overview
Exhibit 112: Vortex Flex Pvt. Ltd. - Product/Service
Exhibit 113: Vortex Flex Pvt. Ltd. - Key offerings
11.17 Winner Nippon Leatherette Pvt. Ltd.
Exhibit 114: Winner Nippon Leatherette Pvt. Ltd. - Overview
Exhibit 115: Winner Nippon Leatherette Pvt. Ltd. - Product/Service
Exhibit 116: Winner Nippon Leatherette Pvt. Ltd. - Key offerings
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Exhibit 117: Inclusions checklist
Exhibit 118: Exclusions checklist
12.3 Currency conversion rates for US$
Exhibit 119: Currency conversion rates for US$
12.4 Research methodology
Exhibit 120: Research methodology
Exhibit 121: Validation techniques employed for market sizing
Exhibit 122: Information sources
12.5 List of abbreviations
Exhibit 123: List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Application
Exhibits 5: Executive Summary - Chart on Market Segmentation by Type
Exhibits 6: Executive Summary - Chart on Vendor Market Positioning
Exhibits 7: Parent market
Exhibits 8: Market Characteristics
Exhibits 9: Offerings of vendors included in the market definition
Exhibits 10: Market segments
Exhibits 11: Chart on India - Market size and forecast 2022-2027 ($ million)
Exhibits 12: Data Table on India - Market size and forecast 2022-2027 ($ million)
Exhibits 13: Chart on India: Year-over-year growth 2022-2027 (%)
Exhibits 14: Data Table on India: Year-over-year growth 2022-2027 (%)
Exhibits 15: Historic Market Size - Data Table on Synthetic leather market in India 2017 - 2021 ($ million)
Exhibits 16: Historic Market Size - Application Segment 2017 - 2021 ($ million)
Exhibits 17: Historic Market Size - Type Segment 2017 - 2021 ($ million)
Exhibits 18: Five forces analysis - Comparison between 2022 and 2027
Exhibits 19: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
Exhibits 20: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
Exhibits 21: Threat of new entrants - Impact of key factors in 2022 and 2027
Exhibits 22: Threat of substitutes - Impact of key factors in 2022 and 2027
Exhibits 23: Threat of rivalry - Impact of key factors in 2022 and 2027
Exhibits 24: Chart on Market condition - Five forces 2022 and 2027
Exhibits 25: Chart on Application - Market share 2022-2027 (%)
Exhibits 26: Data Table on Application - Market share 2022-2027 (%)
Exhibits 27: Chart on Comparison by Application
Exhibits 28: Data Table on Comparison by Application
Exhibits 29: Chart on Footwear - Market size and forecast 2022-2027 ($ million)
Exhibits 30: Data Table on Footwear - Market size and forecast 2022-2027 ($ million)
Exhibits 31: Chart on Footwear - Year-over-year growth 2022-2027 (%)
Exhibits 32: Data Table on Footwear - Year-over-year growth 2022-2027 (%)
Exhibits 33: Chart on Furnishing - Market size and forecast 2022-2027 ($ million)
Exhibits 34: Data Table on Furnishing - Market size and forecast 2022-2027 ($ million)
Exhibits 35: Chart on Furnishing - Year-over-year growth 2022-2027 (%)
Exhibits 36: Data Table on Furnishing - Year-over-year growth 2022-2027 (%)
Exhibits 37: Chart on Automotive - Market size and forecast 2022-2027 ($ million)
Exhibits 38: Data Table on Automotive - Market size and forecast 2022-2027 ($ million)
Exhibits 39: Chart on Automotive - Year-over-year growth 2022-2027 (%)
Exhibits 40: Data Table on Automotive - Year-over-year growth 2022-2027 (%)
Exhibits 41: Chart on Clothing - Market size and forecast 2022-2027 ($ million)
Exhibits 42: Data Table on Clothing - Market size and forecast 2022-2027 ($ million)
Exhibits 43: Chart on Clothing - Year-over-year growth 2022-2027 (%)
Exhibits 44: Data Table on Clothing - Year-over-year growth 2022-2027 (%)
Exhibits 45: Chart on Others - Market size and forecast 2022-2027 ($ million)
Exhibits 46: Data Table on Others - Market size and forecast 2022-2027 ($ million)
Exhibits 47: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibits 48: Data Table on Others - Year-over-year growth 2022-2027 (%)
Exhibits 49: Market opportunity by Application ($ million)
Exhibits 50: Data Table on Market opportunity by Application ($ million)
Exhibits 51: Chart on Type - Market share 2022-2027 (%)
Exhibits 52: Data Table on Type - Market share 2022-2027 (%)
Exhibits 53: Chart on Comparison by Type
Exhibits 54: Data Table on Comparison by Type
Exhibits 55: Chart on PVC - Market size and forecast 2022-2027 ($ million)
Exhibits 56: Data Table on PVC - Market size and forecast 2022-2027 ($ million)
Exhibits 57: Chart on PVC - Year-over-year growth 2022-2027 (%)
Exhibits 58: Data Table on PVC - Year-over-year growth 2022-2027 (%)
Exhibits 59: Chart on PU - Market size and forecast 2022-2027 ($ million)
Exhibits 60: Data Table on PU - Market size and forecast 2022-2027 ($ million)
Exhibits 61: Chart on PU - Year-over-year growth 2022-2027 (%)
Exhibits 62: Data Table on PU - Year-over-year growth 2022-2027 (%)
Exhibits 63: Market opportunity by Type ($ million)
Exhibits 64: Data Table on Market opportunity by Type ($ million)
Exhibits 65: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 66: Impact of drivers and challenges in 2022 and 2027
Exhibits 67: Overview on Criticality of inputs and Factors of differentiation
Exhibits 68: Overview on factors of disruption
Exhibits 69: Impact of key risks on business
Exhibits 70: Vendors covered
Exhibits 71: Matrix on vendor position and classification
Exhibits 72: Colence Pvt. Ltd. - Overview
Exhibits 73: Colence Pvt. Ltd. - Product/Service
Exhibits 74: Colence Pvt. Ltd. - Key offerings
Exhibits 75: Daman Textiles - Overview
Exhibits 76: Daman Textiles - Product/Service
Exhibits 77: Daman Textiles - Key offerings
Exhibits 78: Giriraj Coated Fab Pvt. Ltd. - Overview
Exhibits 79: Giriraj Coated Fab Pvt. Ltd. - Product/Service
Exhibits 80: Giriraj Coated Fab Pvt. Ltd. - Key offerings
Exhibits 81: H.R. Polycoats Pvt. Ltd. - Overview
Exhibits 82: H.R. Polycoats Pvt. Ltd. - Product/Service
Exhibits 83: H.R. Polycoats Pvt. Ltd. - Key offerings
Exhibits 84: Jasch Industries Ltd. - Overview
Exhibits 85: Jasch Industries Ltd. - Product/Service
Exhibits 86: Jasch Industries Ltd. - Key offerings
Exhibits 87: Marvel Vinyls Ltd. - Overview
Exhibits 88: Marvel Vinyls Ltd. - Product/Service
Exhibits 89: Marvel Vinyls Ltd. - Key offerings
Exhibits 90: Mayur Uniquoters Ltd. - Overview
Exhibits 91: Mayur Uniquoters Ltd. - Product/Service
Exhibits 92: Mayur Uniquoters Ltd. - Key offerings
Exhibits 93: Natroyal Group - Overview
Exhibits 94: Natroyal Group - Product/Service
Exhibits 95: Natroyal Group - Key offerings
Exhibits 96: Nirmal Fibres Pvt. Ltd. - Overview
Exhibits 97: Nirmal Fibres Pvt. Ltd. - Product/Service
Exhibits 98: Nirmal Fibres Pvt. Ltd. - Key offerings
Exhibits 99: Premier Polyfilm Ltd. - Overview
Exhibits 100: Premier Polyfilm Ltd. - Product/Service
Exhibits 101: Premier Polyfilm Ltd. - Key offerings
Exhibits 102: Response Fabrics Pvt. Ltd. - Overview
Exhibits 103: Response Fabrics Pvt. Ltd. - Product/Service
Exhibits 104: Response Fabrics Pvt. Ltd. - Key offerings
Exhibits 105: Shakti Tex Coaters Pvt. Ltd. - Overview
Exhibits 106: Shakti Tex Coaters Pvt. Ltd. - Product/Service
Exhibits 107: Shakti Tex Coaters Pvt. Ltd. - Key offerings
Exhibits 108: United Decoratives Pvt. Ltd. - Overview
Exhibits 109: United Decoratives Pvt. Ltd. - Product/Service
Exhibits 110: United Decoratives Pvt. Ltd. - Key offerings
Exhibits 111: Vortex Flex Pvt. Ltd. - Overview
Exhibits 112: Vortex Flex Pvt. Ltd. - Product/Service
Exhibits 113: Vortex Flex Pvt. Ltd. - Key offerings
Exhibits 114: Winner Nippon Leatherette Pvt. Ltd. - Overview
Exhibits 115: Winner Nippon Leatherette Pvt. Ltd. - Product/Service
Exhibits 116: Winner Nippon Leatherette Pvt. Ltd. - Key offerings
Exhibits 117: Inclusions checklist
Exhibits 118: Exclusions checklist
Exhibits 119: Currency conversion rates for US$
Exhibits 120: Research methodology
Exhibits 121: Validation techniques employed for market sizing
Exhibits 122: Information sources
Exhibits 123: List of abbreviations
Executive Summary
The publisher recognizes the following companies as the key players in the synthetic leather market in India: BASF SE, Colence Pvt. Ltd., Daman Textiles, Giriraj Coated Fab Pvt. Ltd., GTEX Fabrics Pvt. Ltd., H.R. Polycoats Pvt. Ltd., Jasch Industries Ltd., Marvel Vinyls Ltd., Mayur Uniquoters Ltd., Natroyal Group, Nirmal Fibres Pvt. Ltd., Om Textiles India, Premier Polyfilm Ltd., Response Fabrics Pvt. Ltd., Responsive Industries Ltd., RMG Polyvinyl India Ltd., Shakti Tex Coaters Pvt. Ltd., United Decoratives Pvt. Ltd., Vortex Flex Pvt. Ltd., and Winner Nippon Leatherette Pvt. Ltd.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is customization of synthetic leather.'
According to the report, one of the major drivers for this market is the increasing penetration of polyurethane (PU) synthetic leather materials.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BASF SE
- Colence Pvt. Ltd.
- Daman Textiles
- Giriraj Coated Fab Pvt. Ltd.
- GTEX Fabrics Pvt. Ltd.
- H.R. Polycoats Pvt. Ltd.
- Jasch Industries Ltd.
- Marvel Vinyls Ltd.
- Mayur Uniquoters Ltd.
- Natroyal Group
- Nirmal Fibres Pvt. Ltd.
- Om Textiles India
- Premier Polyfilm Ltd.
- Response Fabrics Pvt. Ltd.
- Responsive Industries Ltd.
- RMG Polyvinyl India Ltd.
- Shakti Tex Coaters Pvt. Ltd.
- United Decoratives Pvt. Ltd.
- Vortex Flex Pvt. Ltd.
- Winner Nippon Leatherette Pvt. Ltd.
