The global Synthetic Leathers market was valued at US$ 16930 million in 2022 and is projected to reach US$ 21190 million by 2029, at a CAGR of 3.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Synthetic Leather is a manmade fabric that looks like leather. It has leather like surface and is dyed and treated to make it have the look and feel of real leather. It is often used as a substitute for real leather because it is less expensive and it does not require using a real animal hide to create.
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Synthetic Leather was first produced near the turn of the century. The insufficient supplies and high cost of genuine leather brought about the demand for Synthetic Leather. Synthetic Leather has gradually replaced genuine leather in many fields. Over the past few decades, the demand for high quality Synthetic Leather has increased tremendously.
Though there are a number of materials used to produce Synthetic Leather, PU and PVC remain the most commonly used choices in market. PU Synthetic Leather is more flexible and has a much higher tensile, tearing and bursting strength. Furthermore, whereas PVC Synthetic Leather can only be used to make items with a low stress tolerance, PU Synthetic Leather can be used to make a wide variety of products which must be made from strong materials with a high stress tolerance such as boots, shoes bags, luggage, belts, gloves, and upholstery for furniture and car seats.
The Synthetic Leather (Artificial Leather) market covers PVC, Normal PU, Microfiber PU, Ecological function PU, etc. The typical players include Kuraray, Toray, Teijin, Covestro (Bayer), Shian Microfiber, Zhejiang Haobo (Wangkang Group), Asahi Kasei, Duksung, etc.
This report aims to provide a comprehensive presentation of the global market for Synthetic Leathers, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Synthetic Leathers. This report contains market size and forecasts of Synthetic Leathers in global, including the following market information:
Global Synthetic Leathers Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global Synthetic Leathers Market Sales, 2018-2023, 2024-2032, (K MT)
Global top five Synthetic Leathers companies in 2022 (%)
The market for synthetic leather (synthetic leather) is very fragmented. The main suppliers are Toray, Kuraray, medium Imitation Leather etc. Top 5 manufacturers accounted for 10% of global revenue.Asia-Pacific is the largest market with about 55% market share. Europe is follower, accounting for about 27% market share.In terms of product, normal PU is the largest segment, with a share over 50%. And in terms of application, the largest application is apparel & accessories, followed by furnishing.
We surveyed the Synthetic Leathers manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Synthetic Leathers Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Synthetic Leathers Market Segment Percentages, by Type, 2022 (%)
Polyurethane Based Synthetic Leathers
Polyvinylchloride Based Synthetic Leather
Polyester- Polyol Based Synthetic Leathers
Global Synthetic Leathers Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Synthetic Leathers Market Segment Percentages, by Application, 2022 (%)
Utomotive Leather Fabrics
Footwear
Upholstery & Building Materials
General Clothing
Sports Equipment
Cover & Packaging
Medical Materials
Other
Global Synthetic Leathers Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Synthetic Leathers Market Segment Percentages, By Region and Country, 2022 (%)
North America (United States, Canada, Mexico)
Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
The Middle East and Africa (Middle East, Africa)
South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Synthetic Leathers revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Synthetic Leathers revenues share in global market, 2022 (%)
Key companies Synthetic Leathers sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Synthetic Leathers sales share in global market, 2022 (%)
Key players include:
Phlox Tekstil San
BioAmber
Filwel
NAN YA Plastics Industrial
Mayur Uniquoters
San Fang Chemical Industry
Kuraray
The Mitchell
Kolon Industries
Outline of Major Chapters:
Chapter 1: Introduces the definition of Synthetic Leathers, market overview.
Chapter 2: Global Synthetic Leathers market size in revenue and volume.
Chapter 3: Detailed analysis of Synthetic Leathers manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Synthetic Leathers in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Synthetic Leathers capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
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Table of content
1 Introduction to Research & Analysis Reports 1.1 Synthetic Leathers Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Synthetic Leathers Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Synthetic Leathers Overall Market Size 2.1 Global Synthetic Leathers Market Size: 2022 VS 2032 2.2 Global Synthetic Leathers Revenue, Prospects & Forecasts: 2018-2032 2.3 Global Synthetic Leathers Sales: 2018-2032 3 Company Landscape 3.1 Top Synthetic Leathers Players in Global Market 3.2 Top Global Synthetic Leathers Companies Ranked by Revenue 3.3 Global Synthetic Leathers Revenue by Companies 3.4 Global Synthetic Leathers Sales by Companies 3.5 Global Synthetic Leathers Price by Manufacturer (2018-2023) 3.6 Top 3 and Top 5 Synthetic Leathers Companies in Global Market, by Revenue in 2022 3.7 Global Manufacturers Synthetic Leathers Product Type 3.8 Tier 1, Tier 2 and Tier 3 Synthetic Leathers Players in Global Market 3.8.1 List of Global Tier 1 Synthetic Leathers Companies 3.8.2 List of Global Tier 2 and Tier 3 Synthetic Leathers Companies 4 Sights by Product 4.1 Overview 4.1.1 By Type - Global Synthetic Leathers Market Siz
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