Middle East And Africa Synthetic Leather Market 2023-2030

Middle East And Africa Synthetic Leather Market 2023-2030

MARKET OUTLOOK

Triton Market Research’s report insinuates that the synthetic leather market in the Middle East and Africa is estimated to advance in value and volume at a compound annual growth rate of 6.95% and 6.70%, individually, during the forecast years 2023-2030. Turkey, Saudi Arabia, South Africa, the UAE, and Rest of Middle East & Africa are taken into consideration in the region.

The UAE possesses the most developed infrastructure that has aided economic expansion. This has led to a rise in spending on renovating homes, leading to a high demand for furniture. In this regard, heavy fabric and leather furniture items are preferred by consumers. Along with this, there is a growing demand for sustainable products to reduce carbon footprint, which has accelerated the adoption of synthetic leather. Therefore, these factors are anticipated to propel the synthetic leather market on a growth path.

Likewise, the growing real estate development has supported the expansion of the furniture industry in Saudi Arabia. Urbanization and economic development have generated demand for furniture across hotels, offices, and other sectors. Other than this, the manufacturing units of synthetic leathers have grown substantially owing to a rising population base and technological advancement. The booming automotive and footwear industry has also elevated the demand for artificial leather products. As a result, growing industries are boosting the synthetic leather market’s progression.

COMPETITIVE OUTLOOK

The major firms in the synthetic leather market comprise BASF SE, HR Polycoats Pvt Ltd, Achilles USA Inc, Teijin Limited, Toray Industries Inc, and Kuraray Co Ltd.


1. Middle East And Africa 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. Middle East And Africa Synthetic Leather Market Outlook - By Type
3.1. Polyurethane (Pu)
3.2. Polyvinyl Chloride (Pvc)
3.3. Bio-based
4. Middle East And Africa 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. Middle East And Africa Synthetic Leather Market – Country Outlook
5.1. Country Analysis
5.1.1. United Arab Emirates
5.1.1.1. United Arab Emirates Synthetic Leather Market Forecast & Prospects
5.1.2. Saudi Arabia
5.1.2.1. Saudi Arabia Synthetic Leather Market Forecast & Prospects
5.1.3. Turkey
5.1.3.1. Turkey Synthetic Leather Market Forecast & Prospects
5.1.4. South Africa
5.1.4.1. South Africa Synthetic Leather Market Forecast & Prospects
5.1.5. Rest Of Middle East & Africa
5.1.5.1. Rest Of Middle East & Africa 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: Middle East And Africa Synthetic Leather Market, By Country Outlook, 2023-2030 (In $ Million)
Table 2: Middle East And Africa 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: Middle East And Africa Synthetic Leather Market, By Type, 2023-2030 (In $ Million)
Table 9: Middle East And Africa Synthetic Leather Market, By Type, 2023-2030 (In Million Meters)
Table 10: Middle East And Africa Synthetic Leather Market, By End-use, 2023-2030 (In $ Million)
Table 11: Middle East And Africa Synthetic Leather Market, By End-use, 2023-2030 (In Million Meters)
Table 12: Middle East And Africa Synthetic Leather Market, By Country Outlook, 2023-2030 (In $ Million)
Table 13: Middle East And Africa 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: Middle East And Africa Synthetic Leather Market, By Type, 2022 & 2030 (In %)
Figure 6: Middle East And Africa Synthetic Leather Market, By Polyurethane (Pu), 2023-2030 (In $ Million)
Figure 7: Middle East And Africa Synthetic Leather Market, By Polyvinyl Chloride (Pvc), 2023-2030 (In $ Million)
Figure 8: Middle East And Africa Synthetic Leather Market, By Bio-based, 2023-2030 (In $ Million)
Figure 9: Middle East And Africa Synthetic Leather Market, By End-use, 2022 & 2030 (In %)
Figure 10: Middle East And Africa Synthetic Leather Market, By Footwear, 2023-2030 (In $ Million)
Figure 11: Middle East And Africa Synthetic Leather Market, By Automotive, 2023-2030 (In $ Million)
Figure 12: Middle East And Africa Synthetic Leather Market, By Furnishing, 2023-2030 (In $ Million)
Figure 13: Middle East And Africa Synthetic Leather Market, By Clothing, 2023-2030 (In $ Million)
Figure 14: Middle East And Africa Synthetic Leather Market, By Bags & Wallets, 2023-2030 (In $ Million)
Figure 15: Middle East And Africa Synthetic Leather Market, By Other End-uses, 2023-2030 (In $ Million)
Figure 16: Middle East And Africa Synthetic Leather Market, By Country Outlook, 2022 & 2030 (In %)
Figure 17: United Arab Emirates Synthetic Leather Market 2023-2030 (In $ Million)
Figure 18: Saudi Arabia Synthetic Leather Market 2023-2030 (In $ Million)
Figure 19: Turkey Synthetic Leather Market 2023-2030 (In $ Million)
Figure 20: South Africa Synthetic Leather Market 2023-2030 (In $ Million)
Figure 21: Rest Of Middle East & Africa Synthetic Leather Market 2023-2030 (In $ Million)
Figure 22: Basf Se - Company Net Revenue In 2017-2021 (In $ Million)
Figure 23: Basf Se - Company Net Income In 2017-2021 (In $ Million)
Figure 24: Basf Se - Company Revenue, By Segment, In 2021 (In %)
Figure 25: Basf Se - Company Revenue, By Region, In 2021 (In %)
Figure 26: Nan Ya Plastics Corporation - Company Revenue In 2017-2021 (In $ Million)
Figure 27: Nan Ya Plastics Corporation - Company Net Income In 2017-2021 (In $ Million)
Figure 28: Nan Ya Plastics Corporation - Company Revenue, By Segment, In 2021 (In %)
Figure 29: Nan Ya Plastics Corporation - Company Revenue, By Region, In 2021 (In %)
Figure 30: Toray Industries Inc - Company Revenue In 2017-2021 (In $ Million)
Figure 31: Toray Industries Inc - Company Net Income In 2017-2021 (In $ Million)
Figure 32: Toray Industries Inc - Company Revenue, By Segment, In 2021 (In %)
Figure 33: Toray Industries Inc - Company Revenue, By Region, In 2021 (In %)
Figure 34: Teijin Limited - Company Revenue In 2017-2021 (In $ Billion)
Figure 35: Teijin Limited - Company Net Income In 2017-2021 (In $ Million)
Figure 36: Teijin Limited - Company Revenue, By Segment, In 2021 (In %)
Figure 37: Teijin Limited - Company Revenue, By Region, In 2021 (In %)
Figure 38: Mayur Uniquoters Limited - Company Revenue In 2017-2021 (In $ Million)
Figure 39: Mayur Uniquoters Limited - Company Net Income In 2017-2021 (In $ Million)
Figure 40: Mayur Uniquoters Limited - Company Revenue, By Region, In 2021 (In %)
Figure 41: San Fang Chemical Industry Co Ltd - Company Revenue In 2017-2021 (In $ Million)
Figure 42: San Fang Chemical Industry Co Ltd - Company Net Income In 2017-2021 (In $ Million)
Figure 43: Kuraray Co Ltd - Company Revenue In 2017-2021 (In $ Million)
Figure 44: Kuraray Co Ltd - Company Net Income In 2017-2021 (In $ Million)
Figure 45: Kuraray Co Ltd - Company Revenue, By Segment, In 2021 (In %)

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