Latin America Synthetic Leather Market 2023-2030

Latin America Synthetic Leather Market 2023-2030

MARKET OUTLOOK

Triton Market Research’s report infers that the synthetic leather market in Latin America is anticipated to advance with a compound annual growth rate of 7.05% in value and 6.81% in volume during the forecast period 2023-2030. Brazil, Mexico, and Rest of Latin America are evaluated in the region’s market.

In the Rest of Latin America, the market is characterized by the abundant raw material supply from neighboring nations, extensive footwear production, and strong ties with the US market. Additionally, the rising housing sector has elevated the adoption of synthetic leather for furnishing purposes. Besides this, the demand for furniture in hotels, offices, and the industrial sector has elevated the adoption of artificial leather, thereby creating numerous opportunities for the synthetic leather market.

In Mexico, the rising globalization, consumer spending, and changing lifestyles have increased the preference for luxury products. Leather goods, in this regard, are a primary part of luxurious fashion goods. However, there is a growing demand for bio-based and vegan products, which has elevated the use of synthetic leather to produce handbags, footwear, and other accessories in order to meet the demand. Hence, the developing fashion industry widens the scope and growth of the synthetic leather market.

COMPETITIVE OUTLOOK

The key companies in the synthetic leather market include BASF SE, Nan Ya Plastics Corporation Inc, Achilles USA Inc, Toray Industries Inc, and Teijin Limited.


1. Latin America 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. Latin America Synthetic Leather Market Outlook - By Type
3.1. Polyurethane (Pu)
3.2. Polyvinyl Chloride (Pvc)
3.3. Bio-based
4. Latin America 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. Latin America Synthetic Leather Market – Country Outlook
5.1. Country Analysis
5.1.1. Brazil
5.1.1.1. Brazil Synthetic Leather Market Forecast & Prospects
5.1.2. Mexico
5.1.2.1. Mexico Synthetic Leather Market Forecast & Prospects
5.1.3. Rest Of Latin America
5.1.3.1. Rest Of Latin America 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: Latin America Synthetic Leather Market, By Country Outlook, 2023-2030 (In $ Million)
Table 2: Latin America 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: Latin America Synthetic Leather Market, By Type, 2023-2030 (In $ Million)
Table 9: Latin America Synthetic Leather Market, By Type, 2023-2030 (In Million Meters)
Table 10: Latin America Synthetic Leather Market, By End-use, 2023-2030 (In $ Million)
Table 11: Latin America Synthetic Leather Market, By End-use, 2023-2030 (In Million Meters)
Table 12: Latin America Synthetic Leather Market, By Country Outlook, 2023-2030 (In $ Million)
Table 13: Latin America 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: Latin America Synthetic Leather Market, By Type, 2022 & 2030 (In %)
Figure 6: Latin America Synthetic Leather Market, By Polyurethane (Pu), 2023-2030 (In $ Million)
Figure 7: Latin America Synthetic Leather Market, By Polyvinyl Chloride (Pvc), 2023-2030 (In $ Million)
Figure 8: Latin America Synthetic Leather Market, By Bio-based, 2023-2030 (In $ Million)
Figure 9: Latin America Synthetic Leather Market, By End-use, 2022 & 2030 (In %)
Figure 10: Latin America Synthetic Leather Market, By Footwear, 2023-2030 (In $ Million)
Figure 11: Latin America Synthetic Leather Market, By Automotive, 2023-2030 (In $ Million)
Figure 12: Latin America Synthetic Leather Market, By Furnishing, 2023-2030 (In $ Million)
Figure 13: Latin America Synthetic Leather Market, By Clothing, 2023-2030 (In $ Million)
Figure 14: Latin America Synthetic Leather Market, By Bags & Wallets, 2023-2030 (In $ Million)
Figure 15: Latin America Synthetic Leather Market, By Other End-uses, 2023-2030 (In $ Million)
Figure 16: Latin America Synthetic Leather Market, By Country Outlook, 2022 & 2030 (In %)
Figure 17: Brazil Synthetic Leather Market 2023-2030 (In $ Million)
Figure 18: Mexico Synthetic Leather Market 2023-2030 (In $ Million)
Figure 19: Rest Of Latin America Synthetic Leather Market 2023-2030 (In $ Million)
Figure 20: Basf Se - Company Net Revenue In 2017-2021 (In $ Million)
Figure 21: Basf Se - Company Net Income In 2017-2021 (In $ Million)
Figure 22: Basf Se - Company Revenue, By Segment, In 2021 (In %)
Figure 23: Basf Se - Company Revenue, By Region, In 2021 (In %)
Figure 24: Nan Ya Plastics Corporation - Company Revenue In 2017-2021 (In $ Million)
Figure 25: Nan Ya Plastics Corporation - Company Net Income In 2017-2021 (In $ Million)
Figure 26: Nan Ya Plastics Corporation - Company Revenue, By Segment, In 2021 (In %)
Figure 27: Nan Ya Plastics Corporation - Company Revenue, By Region, In 2021 (In %)
Figure 28: Toray Industries Inc - Company Revenue In 2017-2021 (In $ Million)
Figure 29: Toray Industries Inc - Company Net Income, In 2017-2021 (In $ Million)
Figure 30: Toray Industries Inc - Company Revenue, By Segment, In 2021 (In %)
Figure 31: Toray Industries Inc - Company Revenue, By Region, In 2021 (In %)
Figure 32: Teijin Limited - Company Revenue In 2017-2021 (In $ Billion)
Figure 33: Teijin Limited - Company Net Income In 2017-2021 (In $ Million)
Figure 34: Teijin Limited - Company Revenue, By Segment, In 2021 (In %)
Figure 35: Teijin Limited - Company Revenue, By Region, In 2021 (In %)
Figure 36: Mayur Uniquoters Limited - Company Revenue In 2017-2021 (In $ Million)
Figure 37: Mayur Uniquoters Limited - Company Net Income In 2017-2021 (In $ Million)
Figure 38: Mayur Uniquoters Limited - Company Revenue, By Region, In 2021 (In %)
Figure 39: San Fang Chemical Industry Co Ltd - Company Revenue In 2017-2021 (In $ Million)
Figure 40: San Fang Chemical Industry Co Ltd - Company Net Income In 2017-2021 (In $ Million)
Figure 41: Kuraray Co Ltd - Company Revenue In 2017-2021 (In $ Million)
Figure 42: Kuraray Co Ltd - Company Net Income In 2017-2021 (In $ Million)
Figure 43: Kuraray Co Ltd - Company Revenue, By Segment, In 2021 (In %)

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