Global Synthetic Leather For Furniture Market Growth 2023-2029

Global Synthetic Leather For Furniture Market Growth 2023-2029

This report studies the Synthetic Leather for Furniture Market.

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.

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

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

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

The global Synthetic Leather For Furniture market size is projected to grow from US$ 9527 million in 2022 to US$ 15040 million in 2029; it is expected to grow at a CAGR of 15040 from 2023 to 2029.

The market is very fragmented. Some of the prominent players in the market are Hornschuch, Kuraray, Toray, Teijin, Nassimi, Willow Tex, Nilco, Wenzhou Imitation Leather, Anli Group, Hexin Group, Fujian Tianshou and Shuangxiang Group, with about 14% market shares.

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

Market Segmentation:

Segmentation by type

PVC Leather

PU Leather

Others

Segmentation by application

Household

Commercial

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.

Hornschuch

Kuraray

Toray

Teijin

Nassimi

Willow Tex

Nilco

Wenzhou Imitation Leather

Anli Group

Hexin Group

Fujian Tianshou

Shuangxiang Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global Synthetic Leather For Furniture market?

What factors are driving Synthetic Leather For Furniture market growth, globally and by region?

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

How do Synthetic Leather For Furniture market opportunities vary by end market size?

How does Synthetic Leather For Furniture 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.