Asia-pacific Synthetic Leather Market 2023-2030

Asia-pacific Synthetic Leather Market 2023-2030

MARKET OUTLOOK

Triton’s research report on the Asia-Pacific synthetic leather market infers that the market is estimated to advance with a CAGR of 7.61% in value and 7.37% in volume during the forecast period 2023-2030. India, South Korea, China, Japan, Australia & New Zealand, ASEAN countries, and Rest of Asia-Pacific are studied in the region’s report.

In India, increased consumer spending has soared the adoption of synthetic leather. Estimates suggest that a significant percentage of all leather products are produced using synthetic materials. Presently, the nation exports synthetic leather products to the US, several Middle Eastern nations, Germany, and Russia. However, the availability of low-cost products from China poses a high growth risk for the country’s manufacturers. Nevertheless, the government’s step to offer various incentives to producers is estimated to support the expansion of the synthetic leather market over the forecast period.

Further, cheap labor is majorly facilitating the growth of the synthetic leather market in South Korea. Our analysis suggests that the production capabilities are set to expand in urban areas, further soaring new players’ entry. Along with this, the K-pop culture’s expansion has boosted the retail industry, influencing various international brands to set up operations. The automobile industry is also witnessing rapid growth, which may increase the demand for synthetic leather for various applications. Therefore, the rising industrial growth supports the studied market’s progression across the nation.

COMPETITIVE OUTLOOK

The key companies in the synthetic leather market include Teijin Limited, Toray Industries Inc, HR Polycoats Pvt Ltd, Nan Ya Plastics Corporation Inc, and BASF SE.


1. Asia-pacific Synthetic Leather Market - Summary
2. Industry Outlook
2.1. Parent Market Overview
2.2. Manufacturing Process Overview
2.3. Impact Analysis On The Synthetic Leather Market
2.3.1. Covid-19 Impact On The Synthetic Leather Market
2.4. Key Insights
2.4.1. Rising Demand From Various End-use Industries
2.4.2. Novel Uses For Synthetic Leather
2.5. Porter’s Five Forces Analysis
2.5.1. Threat Of New Entrants
2.5.2. Threat Of Substitutes
2.5.3. Bargaining Power Of Buyers
2.5.4. Bargaining Power Of Suppliers
2.5.5. Threat Of Competitive Rivalry
2.6. Market Maturity Analysis
2.7. Industry Components
2.7.1. Raw Material Suppliers
2.7.2. Manufacturers
2.7.3. Distributors
2.7.4. End-users
2.8. Key Buying Impact Analysis
2.8.1. Cost
2.8.2. Durability
2.8.3. Raw Material
2.9. Regulatory Framework
2.10. Key Market Strategies
2.10.1. Product Launches
2.10.2. Collaborations
2.10.3. Business Expansions & Divestitures
2.10.4. Acquisitions
2.11. Market Drivers
2.11.1. Affordable Alternative To Real Leather
2.11.2. Shift Toward Animal-free And Sustainable Products
2.12. Market Challenges
2.12.1. Different Characteristics Of Synthetic Leather Compared To Real Leather
2.12.2. Processing Concerns Regarding Polyurethane (Pu) And Polyvinyl Chloride (Pvc)
2.13. Market Opportunity
2.13.1. Popular Demand For Bio-based Synthetic Leather
2.14. Analyst Perspective
3. Asia-pacific Synthetic Leather Market Outlook - By Type
3.1. Polyurethane (Pu)
3.2. Polyvinyl Chloride (Pvc)
3.3. Bio-based
4. Asia-pacific Synthetic Leather Market Outlook - By End-use
4.1. Footwear
4.2. Automotive
4.3. Furnishing
4.4. Clothing
4.5. Bags & Wallets
4.6. Other End-uses
5. Asia-pacific Synthetic Leather Market – Country Outlook
5.1. Country Analysis
5.1.1. China
5.1.1.1. China Synthetic Leather Market Forecast & Prospects
5.1.2. Japan
5.1.2.1. Japan Synthetic Leather Market Forecast & Prospects
5.1.3. India
5.1.3.1. India Synthetic Leather Market Forecast & Prospects
5.1.4. South Korea
5.1.4.1. South Korea Synthetic Leather Market Forecast & Prospects
5.1.5. Asean Countries
5.1.5.1. Asean Countries Synthetic Leather Market Forecast & Prospects
5.1.6. Australia & New Zealand
5.1.6.1. Australia & New Zealand Synthetic Leather Market Forecast & Prospects
5.1.7. Rest Of Asia-pacific
5.1.7.1. Rest Of Asia-pacific Synthetic Leather Market Forecast & Prospects
6. Competitive Landscape
6.1. Basf Se
6.1.1. Overview
6.1.2. Financial Overview
6.1.3. Product Portfolio
6.1.4. Key Strengths
6.1.5. Key Challenges
6.2. Hr Polycoats Pvt Ltd
6.2.1. Overview
6.2.2. Financial Overview
6.2.3. Product Portfolio
6.2.4. Key Strengths
6.2.5. Key Challenges
6.3. Nan Ya Plastics Corporation Inc
6.3.1. Overview
6.3.2. Financial Overview
6.3.3. Product Portfolio
6.3.4. Key Strengths
6.3.5. Key Challenges
6.4. Achilles Usa Inc
6.4.1. Overview
6.4.2. Financial Overview
6.4.3. Product Portfolio
6.4.4. Key Strengths
6.4.5. Key Challenges
6.5. Toray Industries Inc
6.5.1. Overview
6.5.2. Financial Overview
6.5.3. Product Portfolio
6.5.4. Key Strengths
6.5.5. Key Challenges
6.6. Alfatex Italia Srl
6.6.1. Overview
6.6.2. Financial Overview
6.6.3. Product Portfolio
6.6.4. Key Strengths
6.6.5. Key Challenges
6.7. Teijin Limited
6.7.1. Overview
6.7.2. Financial Overview
6.7.3. Product Portfolio
6.7.4. Key Strengths
6.7.5. Key Challenges
6.8. Mayur Uniquoters Limited
6.8.1. Overview
6.8.2. Financial Overview
6.8.3. Product Portfolio
6.8.4. Key Strengths
6.8.5. Key Challenges
6.9. San Fang Chemical Industry Co Ltd
6.9.1. Overview
6.9.2. Financial Overview
6.9.3. Product Portfolio
6.9.4. Key Strengths
6.9.5. Key Challenges
6.10. Kuraray Co Ltd
6.10.1. Overview
6.10.2. Financial Overview
6.10.3. Product Portfolio
6.10.4. Key Strengths
6.10.5. Key Challenges
7. Research Methodology & Scope
7.1. Research Scope & Deliverables
7.2. Sources Of Data
7.3. Research Methodology
List Of Tables
Table 1: Asia-pacific Synthetic Leather Market, By Country Outlook, 2023-2030 (In $ Million)
Table 2: Asia-pacific Synthetic Leather Market, By Country Outlook, 2023-2030 (In Million Meters)
Table 3: Country-wise Regulatory Framework For Synthetic Leather
Table 4: List Of Product Launches
Table 5: List Of Collaborations
Table 6: List Of Business Expansions & Divestitures
Table 7: List Of Acquisitions
Table 8: Asia-pacific Synthetic Leather Market, By Type, 2023-2030 (In $ Million)
Table 9: Asia-pacific Synthetic Leather Market, By Type, 2023-2030 (In Million Meters)
Table 10: Asia-pacific Synthetic Leather Market, By End-use, 2023-2030 (In $ Million)
Table 11: Asia-pacific Synthetic Leather Market, By End-use, 2023-2030 (In Million Meters)
Table 12: Asia-pacific Synthetic Leather Market, By Country Outlook, 2023-2030 (In $ Million)
Table 13: Asia-pacific Synthetic Leather Market, By Country Outlook, 2023-2030 (In Million Meters)
List Of Figures
Figure 1: Manufacturing Process Overview
Figure 2: Market Maturity Analysis
Figure 3: Industry Components
Figure 4: Key Buying Impact Analysis
Figure 5: Asia-pacific Synthetic Leather Market, By Type, 2022 & 2030 (In %)
Figure 6: Asia-pacific Synthetic Leather Market, By Polyurethane (Pu), 2023-2030 (In $ Million)
Figure 7: Asia-pacific Synthetic Leather Market, By Polyvinyl Chloride (Pvc), 2023-2030 (In $ Million)
Figure 8: Asia-pacific Synthetic Leather Market, By Bio-based, 2023-2030 (In $ Million)
Figure 9: Asia-pacific Synthetic Leather Market, By End-use, 2022 & 2030 (In %)
Figure 10: Asia-pacific Synthetic Leather Market, By Footwear, 2023-2030 (In $ Million)
Figure 11: Asia-pacific Synthetic Leather Market, By Automotive, 2023-2030 (In $ Million)
Figure 12: Asia-pacific Synthetic Leather Market, By Furnishing, 2023-2030 (In $ Million)
Figure 13: Asia-pacific Synthetic Leather Market, By Clothing, 2023-2030 (In $ Million)
Figure 14: Asia-pacific Synthetic Leather Market, By Bags & Wallets, 2023-2030 (In $ Million)
Figure 15: Asia-pacific Synthetic Leather Market, By Other End-uses, 2023-2030 (In $ Million)
Figure 16: Asia-pacific Synthetic Leather Market, By Country Outlook, 2022 & 2030 (In %)
Figure 17: China Synthetic Leather Market 2023-2030 (In $ Million)
Figure 18: Japan Synthetic Leather Market 2023-2030 (In $ Million)
Figure 19: India Synthetic Leather Market 2023-2030 (In $ Million)
Figure 20: South Korea Synthetic Leather Market 2023-2030 (In $ Million)
Figure 21: Asean Countries Synthetic Leather Market 2023-2030 (In $ Million)
Figure 22: Australia & New Zealand Synthetic Leather Market 2023-2030 (In $ Million)
Figure 23: Rest Of Asia-pacific Synthetic Leather Market 2023-2030 (In $ Million)
Figure 24: Basf Se - Company Net Revenue In 2017-2021 (In $ Million)
Figure 25: Basf Se - Company Net Income In 2017-2021 (In $ Million)
Figure 26: Basf Se - Company Revenue, By Segment, In 2021 (In %)
Figure 27: Basf Se - Company Revenue, By Region, In 2021 (In %)
Figure 28: Nan Ya Plastics Corporation - Company Revenue In 2017-2021 (In $ Million)
Figure 29: Nan Ya Plastics Corporation - Company Net Income In 2017-2021 (In $ Million)
Figure 30: Nan Ya Plastics Corporation - Company Revenue, By Segment, In 2021 (In %)
Figure 31: Nan Ya Plastics Corporation - Company Revenue, By Region, In 2021 (In %)
Figure 32: Toray Industries Inc - Company Revenue In 2017-2021 (In $ Million)
Figure 33: Toray Industries Inc - Company Net Income In 2017-2021 (In $ Million)
Figure 34: Toray Industries Inc - Company Revenue, By Segment, In 2021 (In %)
Figure 35: Toray Industries Inc - Company Revenue, By Region, In 2021 (In %)
Figure 36: Teijin Limited - Company Revenue In 2017-2021 (In $ Billion)
Figure 37: Teijin Limited - Company Net Income In 2017-2021 (In $ Million)
Figure 38: Teijin Limited - Company Revenue, By Segment, In 2021 (In %)
Figure 39: Teijin Limited - Company Revenue, By Region, In 2021 (In %)
Figure 40: Mayur Uniquoters Limited - Company Revenue In 2017-2021 (In $ Million)
Figure 41: Mayur Uniquoters Limited - Company Net Income In 2017-2021 (In $ Million)
Figure 42: Mayur Uniquoters Limited - Company Revenue, By Region, In 2021 (In %)
Figure 43: San Fang Chemical Industry Co Ltd - Company Revenue In 2017-2021 (In $ Million)
Figure 44: San Fang Chemical Industry Co Ltd - Company Net Income In 2017-2021 (In $ Million)
Figure 45: Kuraray Co Ltd - Company Revenue In 2017-2021 (In $ Million)
Figure 46: Kuraray Co Ltd - Company Net Income In 2017-2021 (In $ Million)
Figure 47: Kuraray Co Ltd - Company Revenue, By Segment, In 2021 (In %)

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