Global Synthetic Leather Market Size, Manufacturers, Supply Chain 2021-2027
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.
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.
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Though there are a number of materials used to produce Synthetic Leather, PU and PVC remain the most commonly used choices in market. Normal PU 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, Normal PU 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.
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.
Market Analysis and Insights: Global Synthetic Leather Market
In 2020, the global Synthetic Leather market size, Manufacturers, Supply Chain was US$ 6042.1 million and it is expected to reach US$ 6532.4 million by the end of 2027, with a CAGR of 1.1% during 2021-2027.
Global Synthetic Leather Scope and Market Size:
- Synthetic Leather market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Synthetic Leather market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.
Segment by Type, the Synthetic Leather market is segmented into:
- PVC
- Normal PU
- Microfiber PU
- Ecological Function PU
Segment by Application, the Synthetic Leather market is segmented into:
- Sport Shoes
- Bags
- Furniture
- Car Interiors
- Sports Goods
Regional and Country-level Analysis:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Southeast Asia
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Competitive Landscape and Synthetic Leather Market Share Analysis:
- Synthetic Leather market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Synthetic Leather product introduction, recent developments, Synthetic Leather sales by region, type, application and by sales channel.
The major companies include:
- 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
Reasons to Purchase Our Research Report:
- Analyzing the outlook of the market with the recent trends and SWOT analysis
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
- Regional and country-level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
- Analyst support, along with the data support in excel format.
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Table of content
1 Study Coverage
1.1 Synthetic Leather Product Introduction
1.2 Market by Type
1.2.1 Global Synthetic Leather Market Size Growth Rate by Type
1.2.2 PVC
1.2.3 Normal PU
1.2.4 Microfiber PU
1.2.5 Ecological Function PU
1.3 Market by Application
1.3.1 Global Synthetic Leather Market Size Growth Rate by Application
1.3.2 Sport Shoes
1.3.3 Bags
1.3.4 Furniture
1.3.5 Car Interiors
1.3.6 Sports Goods
1.4 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global Synthetic Leather Market Size Estimates and Forecasts
2.1.1 Global Synthetic Leather Revenue 2016-2027
2.1.2 Global Synthetic Leather Sales 2016-2027
2.2 Synthetic Leather Market Size by Region: 2021 Versus 2027
2.3 Synthetic Leather Sales by Region (2016-2027)
2.3.1 Global Synthetic Leather Sales by Region: 2016-2021
2.3.2 Global Synthetic Leather Sales Forecast by Region (2022-2027)
2.3.3 Global Synthetic Leather Sales Market Share by Region (2016-2027)
2.4 Synthetic Leather Market Estimates and Projections by Region (2022-2027)
2.4.1 Global Synthetic Leather Revenue by Region: 2016-2021
2.4.2 Global Synthetic Leather Revenue Forecast by Region (2022-2027)
2.4.3 Global Synthetic Leather Revenue Market Share by Region (2016-2027)
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