Global Next Generation Synthetic Leather Market Growth 2023-2029

Global Next Generation Synthetic Leather Market Growth 2023-2029

Microfiber leather, or micro fiber leather, is the highest quality grade synthetic leather, a high-tech simulation of high-end leather material. Microfiber Leather is simulated the structure of natural leather, using superfine micro fiber (ultra-fine fiber bundle), and high-grade polyurethane resins as raw materials, has a lot of similar characters as natural leather, however better physical & chemical performance, has been widely popular around the world.

LPI (LP Information)' newest research report, the “Next Generation Synthetic Leather Industry Forecast” looks at past sales and reviews total world Next Generation Synthetic Leather sales in 2022, providing a comprehensive analysis by region and market sector of projected Next Generation Synthetic Leather sales for 2023 through 2029. With Next Generation Synthetic Leather sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Next Generation Synthetic Leather industry.

This Insight Report provides a comprehensive analysis of the global Next Generation Synthetic Leather landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Next Generation Synthetic Leather portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Next Generation Synthetic Leather market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Next Generation Synthetic Leather and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Next Generation Synthetic Leather.

The global Next Generation Synthetic Leather market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Next Generation Synthetic Leather is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Next Generation Synthetic Leather is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Next Generation Synthetic Leather is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Next Generation Synthetic Leather players cover Huafon Group, Kuraray, TORAY, Hexin Group, Teijin Cordley, Asahi Kasei, Kolon Industries, Sanfang and Wanhua Micro Fiber, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Next Generation Synthetic Leather market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Microfiber Leather
Synthetic Suede

Segmentation by application
Shoes & Clothes
Furniture
Automotive Trim
Case & Bag
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Huafon Group
Kuraray
TORAY
Hexin Group
Teijin Cordley
Asahi Kasei
Kolon Industries
Sanfang
Wanhua Micro Fiber
Meisheng Group
FILWEL
Sanling Micro Fiber
SISA
Ecolorica
Seiren
Rishabh Velveleen
Tongda Island

Key Questions Addressed in this Report

What is the 10-year outlook for the global Next Generation Synthetic Leather market?

What factors are driving Next Generation Synthetic Leather market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Next Generation Synthetic Leather market opportunities vary by end market size?

How does Next Generation Synthetic Leather break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.