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The synthetic leather market is forecasted to grow by USD 25.3 billion during 2023-2028, accelerating at a CAGR of 9.42% during the forecast period. The report on the synthetic leather market 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 high demand from developing economies, availability of wide range of products, and shift of consumer preference from animal hide to synthetic leather products.
The synthetic leather market is segmented as below:
By Product
- PU-based
- PVC-based
- Bio-based
By End-user
- Footwear industry
- Furnishing industry
- Automotive industry
- Bags industry
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the synthetic leather market 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 report 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 the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
360 degree market analysis
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global synthetic leather market: AIR WATER INC., Akea Srl, Alfatex Italia Srl, Anhui Anli Material Technology Co. Ltd., Asahi Kasei Corp., Colence Pvt. Ltd., H.R. Polycoats Pvt. Ltd., Kolon Industries Inc., KURARAY Co. Ltd., Lederplast Spa, Marvel Vinyls Ltd., Mayur Uniquoters Ltd., Nan Ya Plastic Corp., San Fang Chemical Industrial Co. Ltd., Teijin Ltd., Toray Industries Inc., Uniroyal Global Engineered Products Inc., Winner Nippon Leatherette Pvt. Ltd., Zhejiang Hexin Industry Group Co. Ltd., and Zhejiang Yongfa Synthetic Leather Co. 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 high demand from developing economies.
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:
- Air Water Inc.
- Akea Srl
- Alfatex Italia Srl
- Anhui Anli Material Technology Co. Ltd.
- Asahi Kasei Corp.
- Colence Pvt. Ltd.
- H.R. Polycoats Pvt. Ltd.
- Kolon Industries Inc.
- KURARAY Co. Ltd.
- Lederplast Spa
- Marvel Vinyls Ltd.
- Mayur Uniquoters Ltd.
- Nan Ya Plastic Corp.
- San Fang Chemical Industrial Co. Ltd.
- Teijin Ltd.
- Toray Industries Inc.
- Uniroyal Global Engineered Products Inc.
- Winner Nippon Leatherette Pvt. Ltd.
- Zhejiang Hexin Industry Group Co. Ltd.
- Zhejiang Yongfa Synthetic Leather Co. Ltd.