Synthetic Leather is 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.
LPI (LP Information)' newest research report, the “Synthetic Leather Industry Forecast” looks at past sales and reviews total world Synthetic Leather sales in 2022, providing a comprehensive analysis by region and market sector of projected Synthetic Leather sales for 2023 through 2029. With Synthetic Leather sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Synthetic Leather industry.
This Insight Report provides a comprehensive analysis of the global Synthetic 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 Synthetic Leather portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Synthetic Leather market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Synthetic 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 Synthetic Leather.
The global Synthetic Leather market size is projected to grow from US$ 5984.3 million in 2022 to US$ 6479 million in 2029; it is expected to grow at a CAGR of 6479 from 2023 to 2029.
China is the largest market with about 40% market share. Europe and Japan are follower, accounting for about 30% market share.
The key players are Kuraray, Toray, Teijin, Bayer, Shandong Friendship, Wangkang Group, Asahi Kasei, Duksung, Daewon Chemical, Filwel, Kolon, San Fang Chemical, Nanya, Wenzhou Imitation Leather, Anhui Anli, Fujian Tianshou, Shandong Jinfeng, Yantai Wanhua, Shandong Tongda, Jiaxing Hexin, Xiefu new materials, Huafeng Group, Wenzhou Huanghe, Meisheng Industrial, Xiamen Hongxin, Fujian Huayang, Sanling, Hongdeli etc. Top 5 companies occupied about 23% market share.
This report presents a comprehensive overview, market shares, and growth opportunities of Synthetic Leather market by product type, application, key manufacturers and key regions and countries.
Top Manufactures in Global Synthetic Leather Includes:
Kuraray
Toray
Teijin
Bayer
Shandong Friendship
Wangkang Group
Asahi Kasei
Duksung
Daewon Chemical
Filwel
Kolon
San Fang Chemical
Nanya
Wenzhou Imitation Leather
Anhui Anli
Fujian Tianshou
Shandong Jinfeng
Yantai Wanhua
Shandong Tongda
Jiaxing Hexin
Xiefu new materials
Huafeng Group
Wenzhou Huanghe
Meisheng Industrial
Xiamen Hongxin
Fujian Huayang
Sanling
Hongdeli
Market Segment by Type, covers:
PVC
Normal PU
Microfiber PU
Ecological Function PU
Market Segment by Applications, can be divided into:
Sport Shoes
Bags
Furniture
Car Interiors
Sports Goods
Key Questions Addressed in this Report
What is the 10-year outlook for the global Synthetic Leather market?
What factors are driving Synthetic Leather market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Synthetic Leather market opportunities vary by end market size?
How does Synthetic Leather break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
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