Global Synthetic Leather (Artificial Leather) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Synthetic Leather (Artificial Leather) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

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.

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.

According to our (Global Info Research) latest study, the global Synthetic Leather (Artificial Leather) market size was valued at US$ 18200 million in 2023 and is forecast to a readjusted size of USD 24020 million by 2030 with a CAGR of 4.1% during review period.

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 40%. And in terms of application, the largest application is apparel & accessories, followed by furnishing.

This report is a detailed and comprehensive analysis for global Synthetic Leather (Artificial Leather) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Synthetic Leather (Artificial Leather) market size and forecasts, in consumption value ($ Million), sales quantity (M Sqm), and average selling prices (USD/Sqm), 2019-2030

Global Synthetic Leather (Artificial Leather) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (M Sqm), and average selling prices (USD/Sqm), 2019-2030

Global Synthetic Leather (Artificial Leather) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (M Sqm), and average selling prices (USD/Sqm), 2019-2030

Global Synthetic Leather (Artificial Leather) market shares of main players, shipments in revenue ($ Million), sales quantity (M Sqm), and ASP (USD/Sqm), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Synthetic Leather (Artificial Leather)

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Synthetic Leather (Artificial Leather) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Kuraray, Toray, Teijin, Covestro (Bayer), Shian Microfiber, Zhejiang Haobo (Wangkang Group), Asahi Kasei, Duksung, Daewon Chemical, Filwel, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Synthetic Leather (Artificial Leather) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
PVC
Normal PU
Microfiber PU
Ecological function PU

Market segment by Application
Footwear
Apparel & Accessories
Furnishing
Automotive
Sports Goods
Bags
Others

Major players covered
Kuraray
Toray
Teijin
Covestro (Bayer)
Shian Microfiber
Zhejiang Haobo (Wangkang Group)
Asahi Kasei
Duksung
Daewon Chemical
Filwel
Kolon
San Fang Chemical
Nanya
Wenzhou Imitation Leather
Anhui Anli
Fujian Tianshou
Vulcaflex
Yantai Wanhua
Shandong Tongda
Hexin Holdings
Xiefu new materials
Huafon Microfibre
Double Elephant
Fujian Topsun
Benecke-Kaliko
Kyowa
Archilles
CGT
Mayur Uniquoters

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Synthetic Leather (Artificial Leather) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Synthetic Leather (Artificial Leather), with price, sales quantity, revenue, and global market share of Synthetic Leather (Artificial Leather) from 2019 to 2024.

Chapter 3, the Synthetic Leather (Artificial Leather) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Synthetic Leather (Artificial Leather) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Synthetic Leather (Artificial Leather) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Synthetic Leather (Artificial Leather).

Chapter 14 and 15, to describe Synthetic Leather (Artificial Leather) sales channel, distributors, customers, research findings and conclusion.