Global Synthetic Leather
Market Report
2025
Delivery Includes:- Market Timeline 2021 till 2033, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Synthetic Leather Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 5.57% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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Market Split by End-use |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Synthetic Leather industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Synthetic Leather Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
What is Synthetic leather?
Synthetic leather is a material that is designed to replace natural leather and is often made from plastic which is also called Artificial or Faux Leather. Being manufactured from a plastic base, it is further treated with due, wax, or polyurethane to form color and texture. These leathers are made with synthetic components like polyvinyl chloride, polyurethane, and nylon to have the same appearance similar to real leather. Going beyond, synthetic leather is not costly like natural leather and is durable, soft, water-resistant, and available in many shades and colors. Owing to all these features, synthetic leather demand is increasing in various end-use industries like footwear, clothing, automotive, furniture, textile, and others. Significant growth in end-use industries will drive the synthetic leather market in the future. Harmful effects of raw materials like PVC and PU used in the manufacturing of synthetic leather is likely to hinder the growth of Synthetic Leather during the forecast period.
Market Dynamics of the Synthetic Leather Market
Driving Factors:
Stringent government regulation on the use of real leather:
According to PETA, 2022, every year 1.4 billion animals including cows, water buffalos, sheep, goats, kangaroos, and pigs are killed for the leather. The leather industry is not only affecting billions of animals but also the environment, and the overall ecosystem. People are becoming aware of the unethical practices happening in the textile and apparel industry. For instance, India has banned importing exotic skins for the clothing and leather industry. The law under sections 428 and 429 of the IPC (Indian Penal Code) provides punishment for all acts of cruelty such as killing, poisoning, maiming, or rendering useless animals. A CITES (Washington Convention on International Trade in Endangered Species) certificate is required when purchasing leather from alligators, crocodiles, lizard species, snakes, elephants, and many other species. All such stringent government regulations make the use of real leather difficult which ultimately drives the Synthetic Leather market.
Restraining Factor:
The harmful effect of PVC and PU on the environment:
Polyvinyl chloride and polyurethane are the raw materials for the manufacturing of synthetic leather. Polyvinyl chloride and polyurethane are harmful to the health of humans as well as animals. The use of PVC releases toxic chemicals like phthalates, lead, cadmium, and organotin into the air which are allergic and cause health diseases. Polyurethane is a petrochemical resin that contains isocyanates which are respiratory toxins. Both Polyvinyl chloride and polyurethane are non-biodegradable and hence are not sustainable to use. Hence the harmful effect of these raw materials PVC and PU in the environment is restraining the growth of the Synthetic Leather market. The use of bio-based synthetic leathers can overcome the problems related to the environment caused by PVC and PU.
Impact of the COVID-19 Pandemic on the Synthetic Leather Market:
The outbreak of COVID-19 has witnessed a negative impact on the Synthetic Leather market growth. During the pandemic, the lockdown was implemented across several nations which disrupted the manufacturing of various shopping products like shoes, clothes, furniture, etc. Shortage of raw materials and labor decreased the manufacturing of Synthetic Leather. During the pandemic, the automobile industry has also decreased drastically which ultimately decreased the demand for leather. All such factors have restrained the growth of the Synthetic Leather market.
Post-pandemic all the activities resumed and witnessed a positive impact. Rise of demand for synthetic leather in healthcare is increasing. The number of patients related to Covid-19 or other diseases related to covid has increased hospital beds and furniture demand. Rising demand for synthetic leather in the nursing, medical, and healthcare industries will boost the demand for the Synthetic Leather market in the coming years.
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April 2023
General Silicones launches vegan synthetic leather
General Silicones (GS), a Taiwanese manufacturer of silicone products, has announced the launch of its latest Compo-SiL (SL series) silicone vegan leather product. The product is ideal to use for outdoor and industrial applications as it is highly durable, UV resistant, chemicals, solvents, and hydrolysis. The SL series is approved by PETA. It is specially designed for manufacturing consumer products such as bags, backpacks, shoes, wallets, belts, book bindings, and covers that are seeking vegan leather supplies with factory-applied fabric lining.
December 2022
Blue Point-Backed Weaver Leather Zips Up Local Partnership with Ohio Travel Bag Acquisition
Blue Point Capital Partners and its portfolio company, Weaver Leather (“Weaver”), is pleased to announce the acquisition of Ohio Travel Bag (“OTB”), a distributor of specialty hardware, fittings and supplies used in a variety of industries and end markets including leather goods, pet, equine, handbags, trunks, and crafts.
June 2022
Allbirds launches first plant-based leather sneaker
Allbirds has launched its first plastic-free plant-based leather sneaker in partnership with material innovation company Natural Fiber Welding (NFW), in a move that could help the industry to reduce its reliance on harmful chemicals.
Top Companies Market Share in Synthetic Leather Industry: (In no particular order of Rank)
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By region, the Synthetic Leather market is classified into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
Asia-Pacific region for Synthetic Leather is largest and expected to dominate during the forecast period:
The rapid urbanization and industrialization in the developing nations of Asia-Pacific region will drive the Synthetic Leather market during the forecast period. China is the largest producer of synthetic leather in the world. The number of leather manufacturers is also large in Asia. The booming automobile industry in developing countries like India, China, Singapore, and Indonesia will boost the Synthetic Leather market. Rising disposable income and purchasing power of the middle class is other drivers for the leather product. All such factors make the Asia-Pacific region to dominate the market during the forecast period.
The current report Scope analyzes Synthetic Leather Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Synthetic Leather Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Synthetic Leather Industry growth. Synthetic Leather market has been segmented with the help of its Type, Application End-use, and others. Synthetic Leather market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The bio-based leather segment is projected to grow at the highest CAGR during the forecast period:
Based on type, the Synthetic Leather market is divided into Polyurethane, Polyvinyl Chloride, and Bio-Based leather. PVC is the artificial leather widely used in yoga mats, carpets, conveyor belts, shoe sole materials, fire hoses, cable materials, sealing strips for doors and windows and car windows, pipe materials, board materials and sheet materials, foamed materials, decorative materials, thin films, and others. PVC leather is resistant to external factors and hence has a longer lifespan. All such features of PVC are dominating the synthetic leather market.
Along with advantages, PVC has some harmful effects which restrain its growth during the forecast period. However, bio-based material is expected to grow at the fastest CAGR during the forecast period. Bio-based leather is synthesized from natural fibers such as flax or fibers of cotton mixed with palm, soybean, corn, and other plants. Bio-based leather is commonly used in bags, footwear, wallets, seat covers, and sports equipment. About 70% of the raw material of bio-based leather is renewable which makes it sustainable in the environment. Increasing demand for eco-friendly and cruelty-free leather makes the bio-based leather market dominate during the forecast period.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Synthetic Leather Industry. Request a Free Sample PDF!
This industry is one of the most evolving industry, driven by advanced technologies, changing consumer preferences, urbanization and rising disposable income. In this chapter, we present the Synthetic Leather market size, revenue share, and growth rate for each application/end-user segment, both globally and at the regional level.
Additionally, we provide qualitative insights, such as key driving and restraining factors that influence the growth of the Synthetic Leather market. This section offers valuable information for companies to gain a deeper understanding of market trends, challenges, and technological advancements. By leveraging this analysis, businesses can develop strategies and make well informed decisions to stay competitive in a rapidly changing and highly competitive market.
Some of the key Application of Synthetic Leather are:
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The Automotive segment is projected to grow at the highest CAGR during the forecast period:
By application, the market is divided into Automotive, Clothing, Footwear, Furnishing, Sports, and Others. Rising middle-class income and a large youth population will result in strong demand for automobiles in upcoming years. According to the IBEF (India Brand Equity Foundation), the total production of passenger vehicles, three-wheelers, two-wheelers, and quadricycles was 1,557,238 units in the year 2022. This shows the growth of the automobile industry which will result in use of more Synthetic Leather. Aniline, semi-aniline and pigmented leather are widely used in vehicles. Leathers are majorly used for the seats, steering wheel cover, roof linings, sun visors, door trims, and gear boot covers. Lightweight, odour-resistant, stain-resistant and clean leather gives a very lush feel and look to the vehicle. Hence the automotive industry will be the largest growing segment in the synthetic leather market in the next few years.
Research Analyst at Cognitive Market Research
I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.
Sneha Mali is a research analyst working in various domains including the Consumer Goods, market research and transport & logistics and her primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. Her knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively.Sneha stay up-to-date with the latest research trends, methodologies, and technologies to ensure that her research is accurate, relevant, and impactful.
In her current role, Sneha is committed to continuous learning and staying abreast of emerging trends in research methodologies. Regular participation in workshops, webinars, and industry conferences ensures that her skills remain sharp and relevant. She have demonstrated ability to transform complex data sets into clear and concise narratives that inform key business strategies. Collaborating with cross-functional teams.Sneha remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Synthetic Leather Market is witnessing significant growth in the near future.
In 2023, the Polyurethane segment accounted for noticeable share of global Synthetic Leather Market and is projected to experience significant growth in the near future.
The Sport Shoes segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Kuraray Co. , Alfatex Italia SRL and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Polyurethane, Polyvinyl Chloride, Bio-Based |
Application | Sport Shoes, Bags, Furniture, Car Interiors, Sports Goods, Other |
End-use | Automotive, Clothing, Footwear, Furnishing, Sports, Packaging |
List of Competitors | Kuraray Co., Ltd., Alfatex Italia SRL, Yantai Wanhua Synthetic Leather Group Co., Ltd., Mayur Uniquoters Limited, Nan Ya Plastics Corporation, H.R. Polycoats Pvt. Ltd., Filwel Co., Ltd., San Fang Chemical Industry Co., Ltd., Teijin Limited. |
This chapter will help you gain GLOBAL Market Analysis of Synthetic Leather. Further deep in this chapter, you will be able to review Global Synthetic Leather Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Synthetic Leather. Further deep in this chapter, you will be able to review North America Synthetic Leather Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Synthetic Leather. Further deep in this chapter, you will be able to review Europe Synthetic Leather Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Synthetic Leather. Further deep in this chapter, you will be able to review Asia Pacific Synthetic Leather Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Synthetic Leather. Further deep in this chapter, you will be able to review South America Synthetic Leather Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Synthetic Leather. Further deep in this chapter, you will be able to review Middle East Synthetic Leather Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Synthetic Leather. Further deep in this chapter, you will be able to review Middle East Synthetic Leather Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Synthetic Leather. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
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Chapter 12 Market Split by End-use Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Synthetic Leather market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 14 Research Methodology and Sources
Why Polyurethane have a significant impact on Synthetic Leather market? |
What are the key factors affecting the Polyurethane and Polyvinyl Chloride of Synthetic Leather Market? |
What is the CAGR/Growth Rate of Sport Shoes during the forecast period? |
By type, which segment accounted for largest share of the global Synthetic Leather Market? |
Which region is expected to dominate the global Synthetic Leather Market within the forecast period? |
Segmentation Level Customization |
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Additional Qualitative Data |
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