Synthetic Leather Market in India 2025-2029

Synthetic Leather Market In India 2025-2029

The synthetic leather market in India is forecasted to grow by USD 2374.2 million during 2024-2029, accelerating at a CAGR of 9.9% 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.

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 wide range of products, and shift of consumer preference from animal hide to synthetic leather products.

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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's synthetic leather market in India is segmented as below:

By Application

  • Footwear
  • Furnishing
  • Automotive
  • Clothing
  • Others
By Type
  • PVC
  • PU
  • Bio-based
By Geographical Landscape
  • APAC
This study identifies the customization of synthetic leather as one of the prime reasons driving the synthetic leather market in India growth during the next few years. Also, increasing adoption of sustainable product manufacturing practices by companies and technological advances in synthetic leather manufacturing will lead to sizable demand in the market.

The report on the synthetic leather market in India covers the following areas:
  • Synthetic Leather Market in India sizing
  • Synthetic Leather Market in India forecast
  • Synthetic Leather Market in India industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading synthetic leather market in India vendors that include 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.. Also, the synthetic leather market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher 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 primary and secondary research. 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.


1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on India - Market size and forecast 2024-2029 ($ million)
Data Table on India - Market size and forecast 2024-2029 ($ million)
Chart on India: Year-over-year growth 2024-2029 (%)
Data Table on India: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Synthetic Leather Market in India 2019 - 2023
Historic Market Size - Data Table on Synthetic Leather Market in India 2019 - 2023 ($ million)
5.2 Application segment analysis 2019 - 2023
Historic Market Size - Application Segment 2019 - 2023 ($ million)
5.3 Type segment analysis 2019 - 2023
Historic Market Size - Type Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
6.1 AI Impact on Synthetic Leather Market in India
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Application
8.1 Market segments
Chart on Application - Market share 2024-2029 (%)
Data Table on Application - Market share 2024-2029 (%)
8.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
8.3 Footwear - Market size and forecast 2024-2029
Chart on Footwear - Market size and forecast 2024-2029 ($ million)
Data Table on Footwear - Market size and forecast 2024-2029 ($ million)
Chart on Footwear - Year-over-year growth 2024-2029 (%)
Data Table on Footwear - Year-over-year growth 2024-2029 (%)
8.4 Furnishing - Market size and forecast 2024-2029
Chart on Furnishing - Market size and forecast 2024-2029 ($ million)
Data Table on Furnishing - Market size and forecast 2024-2029 ($ million)
Chart on Furnishing - Year-over-year growth 2024-2029 (%)
Data Table on Furnishing - Year-over-year growth 2024-2029 (%)
8.5 Automotive - Market size and forecast 2024-2029
Chart on Automotive - Market size and forecast 2024-2029 ($ million)
Data Table on Automotive - Market size and forecast 2024-2029 ($ million)
Chart on Automotive - Year-over-year growth 2024-2029 (%)
Data Table on Automotive - Year-over-year growth 2024-2029 (%)
8.6 Clothing - Market size and forecast 2024-2029
Chart on Clothing - Market size and forecast 2024-2029 ($ million)
Data Table on Clothing - Market size and forecast 2024-2029 ($ million)
Chart on Clothing - Year-over-year growth 2024-2029 (%)
Data Table on Clothing - Year-over-year growth 2024-2029 (%)
8.7 Others - Market size and forecast 2024-2029
Chart on Others - Market size and forecast 2024-2029 ($ million)
Data Table on Others - Market size and forecast 2024-2029 ($ million)
Chart on Others - Year-over-year growth 2024-2029 (%)
Data Table on Others - Year-over-year growth 2024-2029 (%)
8.8 Market opportunity by Application
Market opportunity by Application ($ million)
Data Table on Market opportunity by Application ($ million)
9 Market Segmentation by Type
9.1 Market segments
Chart on Type - Market share 2024-2029 (%)
Data Table on Type - Market share 2024-2029 (%)
9.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
9.3 PVC - Market size and forecast 2024-2029
Chart on PVC - Market size and forecast 2024-2029 ($ million)
Data Table on PVC - Market size and forecast 2024-2029 ($ million)
Chart on PVC - Year-over-year growth 2024-2029 (%)
Data Table on PVC - Year-over-year growth 2024-2029 (%)
9.4 PU - Market size and forecast 2024-2029
Chart on PU - Market size and forecast 2024-2029 ($ million)
Data Table on PU - Market size and forecast 2024-2029 ($ million)
Chart on PU - Year-over-year growth 2024-2029 (%)
Data Table on PU - Year-over-year growth 2024-2029 (%)
9.5 Bio-based - Market size and forecast 2024-2029
Chart on Bio-based - Market size and forecast 2024-2029 ($ million)
Data Table on Bio-based - Market size and forecast 2024-2029 ($ million)
Chart on Bio-based - Year-over-year growth 2024-2029 (%)
Data Table on Bio-based - Year-over-year growth 2024-2029 (%)
9.6 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
10 Customer Landscape
10.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Drivers, Challenges, and Opportunity/Restraints
11.1 Market drivers
11.2 Market challenges
11.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
11.4 Market opportunities/restraints
12 Competitive Landscape
12.1 Overview
12.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
12.3 Landscape disruption
Overview on factors of disruption
12.4 Industry risks
Impact of key risks on business
13 Competitive Analysis
13.1 Companies profiled
Companies covered
13.2 Company ranking index
Company ranking index
13.3 Market positioning of companies
Matrix on companies position and classification
13.4 Colence Pvt. Ltd.
Colence Pvt. Ltd. - Overview
Colence Pvt. Ltd. - Product / Service
Colence Pvt. Ltd. - Key offerings
SWOT
13.5 Daman Textiles
Daman Textiles - Overview
Daman Textiles - Product / Service
Daman Textiles - Key offerings
SWOT
13.6 Giriraj Coated Fab Pvt. Ltd.
Giriraj Coated Fab Pvt. Ltd. - Overview
Giriraj Coated Fab Pvt. Ltd. - Product / Service
Giriraj Coated Fab Pvt. Ltd. - Key offerings
SWOT
13.7 H.R. Polycoats Pvt. Ltd.
H.R. Polycoats Pvt. Ltd. - Overview
H.R. Polycoats Pvt. Ltd. - Product / Service
H.R. Polycoats Pvt. Ltd. - Key offerings
SWOT
13.8 Jasch Industries Ltd.
Jasch Industries Ltd. - Overview
Jasch Industries Ltd. - Business segments
Jasch Industries Ltd. - Key offerings
Jasch Industries Ltd. - Segment focus
SWOT
13.9 Marvel Vinyls Ltd.
Marvel Vinyls Ltd. - Overview
Marvel Vinyls Ltd. - Product / Service
Marvel Vinyls Ltd. - Key offerings
SWOT
13.10 Mayur Uniquoters Ltd.
Mayur Uniquoters Ltd. - Overview
Mayur Uniquoters Ltd. - Product / Service
Mayur Uniquoters Ltd. - Key offerings
SWOT
13.11 Natroyal Group
Natroyal Group - Overview
Natroyal Group - Product / Service
Natroyal Group - Key offerings
SWOT
13.12 Nirmal Fibres Pvt. Ltd.
Nirmal Fibres Pvt. Ltd. - Overview
Nirmal Fibres Pvt. Ltd. - Product / Service
Nirmal Fibres Pvt. Ltd. - Key offerings
SWOT
13.13 Premier Polyfilm Ltd.
Premier Polyfilm Ltd. - Overview
Premier Polyfilm Ltd. - Product / Service
Premier Polyfilm Ltd. - Key offerings
SWOT
13.14 Response Fabrics Pvt. Ltd.
Response Fabrics Pvt. Ltd. - Overview
Response Fabrics Pvt. Ltd. - Product / Service
Response Fabrics Pvt. Ltd. - Key offerings
SWOT
13.15 Shakti Tex Coaters Pvt. Ltd.
Shakti Tex Coaters Pvt. Ltd. - Overview
Shakti Tex Coaters Pvt. Ltd. - Product / Service
Shakti Tex Coaters Pvt. Ltd. - Key offerings
SWOT
13.16 United Decoratives Pvt. Ltd.
United Decoratives Pvt. Ltd. - Overview
United Decoratives Pvt. Ltd. - Product / Service
United Decoratives Pvt. Ltd. - Key offerings
SWOT
13.17 Vortex Flex Pvt. Ltd.
Vortex Flex Pvt. Ltd. - Overview
Vortex Flex Pvt. Ltd. - Product / Service
Vortex Flex Pvt. Ltd. - Key offerings
SWOT
13.18 Winner Nippon Leatherette Pvt. Ltd.
Winner Nippon Leatherette Pvt. Ltd. - Overview
Winner Nippon Leatherette Pvt. Ltd. - Product / Service
Winner Nippon Leatherette Pvt. Ltd. - Key offerings
SWOT
14 Appendix
14.1 Scope of the report
14.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
14.3 Currency conversion rates for US$
Currency conversion rates for US$
14.4 Research methodology
Research methodology
14.5 Data procurement
Information sources
14.6 Data validation
Data validation
14.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
14.8 Data synthesis
Data synthesis
14.9 360 degree market analysis
360 degree market analysis
14.10 List of abbreviations
List of abbreviations
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Country Market Characteristics
Exhibits4: Executive Summary - Chart on Market Segmentation by Application
Exhibits5: Executive Summary - Chart on Market Segmentation by Type
Exhibits6: Executive Summary - Chart on Company Market Positioning
Exhibits7: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits8: Overview on criticality of inputs and factors of differentiation
Exhibits9: Overview on factors of disruption
Exhibits10: Impact of drivers and challenges in 2024 and 2029
Exhibits11: Parent Market
Exhibits12: Data Table on - Parent Market
Exhibits13: Market characteristics analysis
Exhibits14: Value chain analysis
Exhibits15: Offerings of companies included in the market definition
Exhibits16: Market segments
Exhibits17: Chart on India - Market size and forecast 2024-2029 ($ million)
Exhibits18: Data Table on India - Market size and forecast 2024-2029 ($ million)
Exhibits19: Chart on India: Year-over-year growth 2024-2029 (%)
Exhibits20: Data Table on India: Year-over-year growth 2024-2029 (%)
Exhibits21: Historic Market Size - Data Table on Synthetic Leather Market in India 2019 - 2023 ($ million)
Exhibits22: Historic Market Size - Application Segment 2019 - 2023 ($ million)
Exhibits23: Historic Market Size - Type Segment 2019 - 2023 ($ million)
Exhibits24: Five forces analysis - Comparison between 2024 and 2029
Exhibits25: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits26: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits27: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits28: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits29: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits30: Chart on Market condition - Five forces 2024 and 2029
Exhibits31: Chart on Application - Market share 2024-2029 (%)
Exhibits32: Data Table on Application - Market share 2024-2029 (%)
Exhibits33: Chart on Comparison by Application
Exhibits34: Data Table on Comparison by Application
Exhibits35: Chart on Footwear - Market size and forecast 2024-2029 ($ million)
Exhibits36: Data Table on Footwear - Market size and forecast 2024-2029 ($ million)
Exhibits37: Chart on Footwear - Year-over-year growth 2024-2029 (%)
Exhibits38: Data Table on Footwear - Year-over-year growth 2024-2029 (%)
Exhibits39: Chart on Furnishing - Market size and forecast 2024-2029 ($ million)
Exhibits40: Data Table on Furnishing - Market size and forecast 2024-2029 ($ million)
Exhibits41: Chart on Furnishing - Year-over-year growth 2024-2029 (%)
Exhibits42: Data Table on Furnishing - Year-over-year growth 2024-2029 (%)
Exhibits43: Chart on Automotive - Market size and forecast 2024-2029 ($ million)
Exhibits44: Data Table on Automotive - Market size and forecast 2024-2029 ($ million)
Exhibits45: Chart on Automotive - Year-over-year growth 2024-2029 (%)
Exhibits46: Data Table on Automotive - Year-over-year growth 2024-2029 (%)
Exhibits47: Chart on Clothing - Market size and forecast 2024-2029 ($ million)
Exhibits48: Data Table on Clothing - Market size and forecast 2024-2029 ($ million)
Exhibits49: Chart on Clothing - Year-over-year growth 2024-2029 (%)
Exhibits50: Data Table on Clothing - Year-over-year growth 2024-2029 (%)
Exhibits51: Chart on Others - Market size and forecast 2024-2029 ($ million)
Exhibits52: Data Table on Others - Market size and forecast 2024-2029 ($ million)
Exhibits53: Chart on Others - Year-over-year growth 2024-2029 (%)
Exhibits54: Data Table on Others - Year-over-year growth 2024-2029 (%)
Exhibits55: Market opportunity by Application ($ million)
Exhibits56: Data Table on Market opportunity by Application ($ million)
Exhibits57: Chart on Type - Market share 2024-2029 (%)
Exhibits58: Data Table on Type - Market share 2024-2029 (%)
Exhibits59: Chart on Comparison by Type
Exhibits60: Data Table on Comparison by Type
Exhibits61: Chart on PVC - Market size and forecast 2024-2029 ($ million)
Exhibits62: Data Table on PVC - Market size and forecast 2024-2029 ($ million)
Exhibits63: Chart on PVC - Year-over-year growth 2024-2029 (%)
Exhibits64: Data Table on PVC - Year-over-year growth 2024-2029 (%)
Exhibits65: Chart on PU - Market size and forecast 2024-2029 ($ million)
Exhibits66: Data Table on PU - Market size and forecast 2024-2029 ($ million)
Exhibits67: Chart on PU - Year-over-year growth 2024-2029 (%)
Exhibits68: Data Table on PU - Year-over-year growth 2024-2029 (%)
Exhibits69: Chart on Bio-based - Market size and forecast 2024-2029 ($ million)
Exhibits70: Data Table on Bio-based - Market size and forecast 2024-2029 ($ million)
Exhibits71: Chart on Bio-based - Year-over-year growth 2024-2029 (%)
Exhibits72: Data Table on Bio-based - Year-over-year growth 2024-2029 (%)
Exhibits73: Market opportunity by Type ($ million)
Exhibits74: Data Table on Market opportunity by Type ($ million)
Exhibits75: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits76: Impact of drivers and challenges in 2024 and 2029
Exhibits77: Overview on criticality of inputs and factors of differentiation
Exhibits78: Overview on factors of disruption
Exhibits79: Impact of key risks on business
Exhibits80: Companies covered
Exhibits81: Company ranking index
Exhibits82: Matrix on companies position and classification
Exhibits83: Colence Pvt. Ltd. - Overview
Exhibits84: Colence Pvt. Ltd. - Product / Service
Exhibits85: Colence Pvt. Ltd. - Key offerings
Exhibits86: SWOT
Exhibits87: Daman Textiles - Overview
Exhibits88: Daman Textiles - Product / Service
Exhibits89: Daman Textiles - Key offerings
Exhibits90: SWOT
Exhibits91: Giriraj Coated Fab Pvt. Ltd. - Overview
Exhibits92: Giriraj Coated Fab Pvt. Ltd. - Product / Service
Exhibits93: Giriraj Coated Fab Pvt. Ltd. - Key offerings
Exhibits94: SWOT
Exhibits95: H.R. Polycoats Pvt. Ltd. - Overview
Exhibits96: H.R. Polycoats Pvt. Ltd. - Product / Service
Exhibits97: H.R. Polycoats Pvt. Ltd. - Key offerings
Exhibits98: SWOT
Exhibits99: Jasch Industries Ltd. - Overview
Exhibits100: Jasch Industries Ltd. - Business segments
Exhibits101: Jasch Industries Ltd. - Key offerings
Exhibits102: Jasch Industries Ltd. - Segment focus
Exhibits103: SWOT
Exhibits104: Marvel Vinyls Ltd. - Overview
Exhibits105: Marvel Vinyls Ltd. - Product / Service
Exhibits106: Marvel Vinyls Ltd. - Key offerings
Exhibits107: SWOT
Exhibits108: Mayur Uniquoters Ltd. - Overview
Exhibits109: Mayur Uniquoters Ltd. - Product / Service
Exhibits110: Mayur Uniquoters Ltd. - Key offerings
Exhibits111: SWOT
Exhibits112: Natroyal Group - Overview
Exhibits113: Natroyal Group - Product / Service
Exhibits114: Natroyal Group - Key offerings
Exhibits115: SWOT
Exhibits116: Nirmal Fibres Pvt. Ltd. - Overview
Exhibits117: Nirmal Fibres Pvt. Ltd. - Product / Service
Exhibits118: Nirmal Fibres Pvt. Ltd. - Key offerings
Exhibits119: SWOT
Exhibits120: Premier Polyfilm Ltd. - Overview
Exhibits121: Premier Polyfilm Ltd. - Product / Service
Exhibits122: Premier Polyfilm Ltd. - Key offerings
Exhibits123: SWOT
Exhibits124: Response Fabrics Pvt. Ltd. - Overview
Exhibits125: Response Fabrics Pvt. Ltd. - Product / Service
Exhibits126: Response Fabrics Pvt. Ltd. - Key offerings
Exhibits127: SWOT
Exhibits128: Shakti Tex Coaters Pvt. Ltd. - Overview
Exhibits129: Shakti Tex Coaters Pvt. Ltd. - Product / Service
Exhibits130: Shakti Tex Coaters Pvt. Ltd. - Key offerings
Exhibits131: SWOT
Exhibits132: United Decoratives Pvt. Ltd. - Overview
Exhibits133: United Decoratives Pvt. Ltd. - Product / Service
Exhibits134: United Decoratives Pvt. Ltd. - Key offerings
Exhibits135: SWOT
Exhibits136: Vortex Flex Pvt. Ltd. - Overview
Exhibits137: Vortex Flex Pvt. Ltd. - Product / Service
Exhibits138: Vortex Flex Pvt. Ltd. - Key offerings
Exhibits139: SWOT
Exhibits140: Winner Nippon Leatherette Pvt. Ltd. - Overview
Exhibits141: Winner Nippon Leatherette Pvt. Ltd. - Product / Service
Exhibits142: Winner Nippon Leatherette Pvt. Ltd. - Key offerings
Exhibits143: SWOT
Exhibits144: Inclusions checklist
Exhibits145: Exclusions checklist
Exhibits146: Currency conversion rates for US$
Exhibits147: Research methodology
Exhibits148: Information sources
Exhibits149: Data validation

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