Global Mycelium Leather Market Growth 2023-2029

Global Mycelium Leather Market Growth 2023-2029

Mycelium leather is a mushroom-based imitation leather. It is highly similar to the animal leather which makes it a potential substitute. In order to create mycelium leather, mycelium cells are placed on a dish in a lab, and with enough cellulose-rich nutrients, the mycelium grows fibres called hyphae. The by-products are then shaped into thin panels. After that, sawdust is then mixed with nutrients and mixed with mushroom spores in “bag logs” which are simply individual bags. These bags are left in an incubation room for the span of a month. After this period of time, the mycelium is harvested, treated and coloured to appear as animal leather.

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

This Insight Report provides a comprehensive analysis of the global Mycelium 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 Mycelium Leather portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Mycelium Leather market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Mycelium 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 Mycelium Leather.

The global Mycelium Leather market size is projected to grow from US$ 8 million in 2022 to US$ 40 million in 2029; it is expected to grow at a CAGR of 40 from 2023 to 2029.

Global key players of mycelium leather include Bolt Threads, MycoWorks, Ecovative, ISA Industrial, Mycotech Lab, etc. The top three players hold a share over 94%. Europe is the largest market, has a share about 51%, followed by North America and Asia-Pacific, with share 37% and 9%, separately. In terms of product type, Dyed Mycelium Leather is the largest segment, occupied for a share of 54%, and in terms of application, Bags has a share about 39 percent.

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

Market Segmentation:

Segmentation by type
Dyed Mycelium Leather
Unstained Mycelium Leather

Segmentation by application
Footwear
Clothing
Furnishing
Automotive
Bags
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.
Mycel
MycoWorks
Bolt Threads
Ecovative Design
MYCL

Key Questions Addressed in this Report

What is the 10-year outlook for the global Mycelium Leather market?

What factors are driving Mycelium Leather market growth, globally and by region?

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

How do Mycelium Leather market opportunities vary by end market size?

How does Mycelium 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.