出版:MarketsandMarkets(マーケッツアンドマーケッツ) 出版年月:2024年1月
Synthetic Leather Market – Global Forecast to 2028
合成皮革市場 : タイプ (PUレザー、PVCレザー、バイオレザー)、最終用途産業 (履物、家具、自動車、衣料品、バッグ、財布&財布)、地域 (北米、ヨーロッパ、アジア太平洋、MEA、南米) – 2028年までの世界予測
Synthetic Leather Market by Type (PU-based, PVC-based, Bio-based), End-use Industry (Footwear, Furnishing, Automotive, Clothing, Bags, Purses & Wallets), and Region (North America, Europe, Asia Pacific, MEA, South America) – Global Forecast to 2028
ページ数 | 231 |
図表数 | 329 |
種別 | 英文調査報告書 |
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Report Overview
The synthetic leather market is poised for significant growth, with a projected value of USD 88.0 billion by 2028, exhibiting a robust CAGR of 5.1% from its 2023 value of USD 68.7 billion. The synthetic leather market is witnessing substantial growth, primarily driven by two key factors. First, the ever-expanding footwear industry has increasingly adopted synthetic leather due to its versatility, affordability, and durability. Second, there’s a growing global concern about animal welfare, prompting consumers and manufacturers to seek ethical and sustainable alternatives to genuine leather. These combined forces are propelling the demand for synthetic leather products in various end-use industries such as footwear, furnishings, automotive, clothing, bags, purses, & wallets, and others.
“PU-based synthetic leather segment was the largest type of synthetic leather in 2022, in terms of value.”
The PU-based (Polyurethane) synthetic leather segment is the largest type in the synthetic leather market due to its versatile properties. PU-based synthetic leather is cost-effective, durable, and can mimic the look and feel of genuine leather. It is widely used in various end-use industries including footwear, furnishings, automotive, clothing, bags, purses, & wallets, and others making it the preferred choice for manufacturers and consumers seeking a balance between quality and affordability.
“Footwear segment is estimated to be the largest end-use industry of synthetic leather market in 2022, in terms of value.”
The footwear segment dominates the synthetic leather market due to cost-effectiveness, durability, and customization. Synthetic leather offers a wide array of colors, patterns, and textures, catering to fashion-forward consumers. Moreover, it aligns with sustainability and animal welfare concerns, and advancements in technology have made it an excellent alternative to genuine leather. Easy maintenance, regulatory support, and a stable supply chain further contribute to its leadership in the footwear industry.
“Asia Pacific is estimated to be the largest synthetic leather market in 2022, in terms of value.”
Asia Pacific’s status as the largest synthetic leather market is driven by economic growth, urbanization, and robust manufacturing capabilities. The region is a major producer of synthetic leather, particularly in countries like China and South Korea, benefiting from economies of scale. The fashion, footwear, and automotive industries have embraced synthetic leather, and government support in some countries has further bolstered production. Ethical and environmental concerns have also propelled the shift to synthetic leather. This, combined with price competitiveness, has solidified the region’s dominant position in the synthetic leather market.
In the meticulous process of determining and verifying market sizes for multiple segments and subsegments, extensive primary interviews were conducted. A breakdown of the profiles of the primary interviewees are as follows:
• By Company Type: Tier 1 – 69%, Tier 2 – 23%, and Tier 3 – 8%
• By Designation: – Director Level – 27%, C-Level – 25%, and Others – 48%
• By Region: North America – 32%, Europe – 28%, Asia Pacific – 21%, South America – 12%, and Middle East & Africa – 7%.
The key market players illustrated in the report include Kuraray Co., Ltd. (Japan), San Fang Chemical Industry Co., Ltd. (Taiwan), Teijin Limited (Japan), NAN YA PLASTICS CORPORATION (Taiwan), Wanhua Chemical Group Co., Ltd. (China), Mayur Uniquoters Limited (India), FILWEL Co., Ltd. (Japan), Zhejiang Hexin Holdings Co., Ltd. (China), Alfatex Italia SRL (Italy), and H.R. Polycoats Private Limited (India).
Research Coverage
This report segments the market for synthetic leather on the basis of type, end-use industry, and region, and provides estimations for the overall value (USD Million) of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, new product launches, expansions, and mergers & acquisition associated with the market for synthetic leather.
Reasons to buy this report
This research report is focused on various levels of analysis — industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the synthetic leather market; high-growth regions; and market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
• Analysis of key drivers (Growing demand from the footwear industry, Growing concerns about animal welfare and environmental impact, Advantages over pure leather, Increasing demand for luxury cars and electric vehicles), restraints (Harmful effects of PU and PVC on humans, Substitute for synthetic leather in the automotive industry), opportunities (Focus on development of bio-based synthetic leather), and challenges (Non-biodegradability of synthetic leather)
• Market Penetration: Comprehensive information on synthetic leather offered by top players in the global synthetic leather market
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the synthetic leather
• Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for synthetic leather across regions
• Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global synthetic leather market
• Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the synthetic leather market
• Impact of recession on synthetic leather market
Table of Contents
1 INTRODUCTION 38
1.1 STUDY OBJECTIVES 38
1.2 MARKET DEFINITION 38
1.2.1 SYNTHETIC LEATHER MARKET: INCLUSIONS & EXCLUSIONS 38
1.2.2 SYNTHETIC LEATHER MARKET: DEFINITION AND INCLUSIONS, BY TYPE 39
1.2.3 SYNTHETIC LEATHER MARKET: DEFINITION AND INCLUSIONS BY END-USE INDUSTRY 39
1.3 MARKET SCOPE 40
1.3.1 MARKET SEGMENTATION 40
1.3.2 REGIONS COVERED 40
1.3.3 YEARS CONSIDERED 41
1.4 CURRENCY CONSIDERED 41
1.5 UNITS CONSIDERED 41
1.6 STAKEHOLDERS 41
1.7 SUMMARY OF CHANGES 42
1.7.1 IMPACT OF RECESSION 42
2 RESEARCH METHODOLOGY 43
2.1 RESEARCH DATA 43
FIGURE 1 SYNTHETIC LEATHER MARKET: RESEARCH DESIGN 43
2.1.1 SECONDARY DATA 43
2.1.2 PRIMARY DATA 44
2.1.2.1 Primary interviews – demand and supply sides 44
2.1.2.2 Key industry insights 44
2.1.2.3 Breakdown of interviews with experts 45
2.2 MARKET SIZE ESTIMATION 45
2.3 BOTTOM-UP APPROACH 45
FIGURE 2 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE) – REVENUE OF PRODUCTS 46
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 BOTTOM UP (SUPPLY SIDE) – COLLECTIVE REVENUE OF ALL PRODUCTS 46
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 – BOTTOM UP (DEMAND SIDE): PRODUCTS SOLD 47
2.4 TOP-DOWN APPROACH 47
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 – TOP DOWN 47
2.5 DATA TRIANGULATION 48
FIGURE 6 SYNTHETIC LEATHER MARKET: DATA TRIANGULATION 48
2.6 GROWTH RATE ASSUMPTIONS/GROWTH FORECAST 49
2.6.1 SUPPLY SIDE 49
FIGURE 7 MARKET CAGR PROJECTIONS FROM SUPPLY SIDE 49
2.6.2 DEMAND SIDE 50
FIGURE 8 MARKET GROWTH PROJECTIONS FROM DEMAND-SIDE DRIVERS AND OPPORTUNITIES 50
2.7 IMPACT OF RECESSION 50
2.8 FACTOR ANALYSIS 51
2.9 ASSUMPTIONS 51
2.10 LIMITATIONS 52
2.11 RISK ASSESSMENT 52
3 EXECUTIVE SUMMARY 53
FIGURE 9 PU-BASED SYNTHETIC LEATHER SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 53
FIGURE 10 FOOTWEAR SEGMENT TO BE LARGEST END-USE INDUSTRY OF SYNTHETIC LEATHER BETWEEN 2023 AND 2028 54
FIGURE 11 ASIA PACIFIC TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD 55
4 PREMIUM INSIGHTS 56
4.1 ATTRACTIVE MARKET OPPORTUNITIES FOR SYNTHETIC LEATHER MANUFACTURERS 56
FIGURE 12 ADVANTAGES OFFERED BY SYNTHETIC LEATHER TO DRIVE MARKET 56
4.2 ASIA PACIFIC SYNTHETIC LEATHER MARKET, BY TYPE AND COUNTRY 56
FIGURE 13 CHINA AND PU-BASED SEGMENT LED SYNTHETIC LEATHER MARKET IN ASIA PACIFIC IN 2022 56
4.3 SYNTHETIC LEATHER MARKET, BY REGION 57
FIGURE 14 ASIA PACIFIC TO WITNESS HIGHEST CAGR BETWEEN 2023 AND 2028 57
4.4 SYNTHETIC LEATHER MARKET, BY REGION & END-USE INDUSTRY 57
FIGURE 15 FOOTWEAR SEGMENT LED SYNTHETIC LEATHER MARKET IN 2022 57
4.5 SYNTHETIC LEATHER MARKET, BY COUNTRY 58
FIGURE 16 CHINA TO BE FASTEST-GROWING MARKET FOR SYNTHETIC LEATHER BETWEEN 2023 AND 2028 58
5 MARKET OVERVIEW 59
5.1 INTRODUCTION 59
5.2 MARKET DYNAMICS 59
FIGURE 17 FACTORS INFLUENCING GROWTH OF SYNTHETIC LEATHER MARKET 59
5.2.1 DRIVERS 60
5.2.1.1 Increasing demand from footwear industry 60
5.2.1.2 Concerns about animal welfare and environmental impact 60
5.2.1.3 Advantages over pure leather 60
5.2.1.4 Rising demand for luxury cars and electric vehicles 60
5.2.2 RESTRAINTS 61
5.2.2.1 Harmful effects of PU and PVC on humans 61
5.2.2.2 Substitute for synthetic leather in automotive industry 61
5.2.3 OPPORTUNITIES 61
5.2.3.1 Focus on development of bio-based synthetic leather 61
5.2.4 CHALLENGES 62
5.2.4.1 Non-biodegradability of synthetic leather 62
5.3 PORTER’S FIVE FORCES ANALYSIS 62
FIGURE 18 PORTER’S FIVE FORCES ANALYSIS 62
5.3.1 BARGAINING POWER OF SUPPLIERS 63
5.3.2 BARGAINING POWER OF BUYERS 63
5.3.3 THREAT OF SUBSTITUTES 63
5.3.4 THREAT OF NEW ENTRANTS 63
5.3.5 INTENSITY OF COMPETITIVE RIVALRY 63
TABLE 1 SYNTHETIC LEATHER MARKET: PORTER’S FIVE FORCES ANALYSIS 64
5.4 MACROECONOMIC INDICATORS 64
5.4.1 GDP TRENDS AND FORECAST OF MAJOR ECONOMIES 65
TABLE 2 GDP TRENDS AND FORECAST, BY MAJOR ECONOMY, 2020–2028 (USD BILLION) 65
6 INDUSTRY TRENDS 66
6.1 SUPPLY CHAIN ANALYSIS 66
FIGURE 19 SYNTHETIC LEATHER MARKET: SUPPLY CHAIN 66
6.1.1 RAW MATERIALS 66
6.1.2 SYNTHETIC LEATHER MANUFACTURERS 67
6.1.3 DISTRIBUTION TO END-USE INDUSTRIES 67
6.2 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS 67
6.2.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR SYNTHETIC LEATHER MANUFACTURERS 67
FIGURE 20 REVENUE SHIFT FOR SYNTHETIC LEATHER MARKET 67
6.3 ECOSYSTEM MAP 68
FIGURE 21 SYNTHETIC LEATHER MARKET: ECOSYSTEM 68
TABLE 3 SYNTHETIC LEATHER MARKET: ECOSYSTEM 68
6.4 KEY STAKEHOLDERS & BUYING CRITERIA 70
6.4.1 KEY STAKEHOLDERS IN BUYING PROCESS 70
FIGURE 22 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 END-USE INDUSTRIES 70
TABLE 4 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 END-USE INDUSTRIES (%) 70
6.4.2 BUYING CRITERIA 70
FIGURE 23 KEY BUYING CRITERIA FOR TOP 3 END-USE INDUSTRIES 71
TABLE 5 KEY BUYING CRITERIA FOR TOP 3 END-USE INDUSTRIES 71
6.5 PRICING ANALYSIS 72
6.5.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY END-USE INDUSTRY 72
FIGURE 24 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY END-USE INDUSTRY 72
TABLE 6 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY END-USE INDUSTRY (USD/SQ. METER) 72
6.5.2 AVERAGE SELLING PRICE TREND, BY REGION 72
FIGURE 25 AVERAGE SELLING PRICE TREND OF SYNTHETIC LEATHER, BY REGION 73
TABLE 7 AVERAGE SELLING PRICE TREND OF SYNTHETIC LEATHER, BY REGION (USD/SQ. METER) 73
6.6 CASE STUDIES 73
6.6.1 CASE STUDY ON KURARAY’S CLARINO AND NISSHA’S MATERIAL INSERT TECHNOLOGY 73
6.6.2 CASE STUDY ON ALTERNATIVE AND ANIMAL-FREE LEATHER FOR OEMS 73
6.6.3 CASE STUDY ON VOLLEYBALL PRODUCED BY MIKASA CORPORATION 74
6.7 TECHNOLOGY ANALYSIS 74
6.8 GLOBAL REGULATORY FRAMEWORK AND ITS IMPACT ON SYNTHETIC LEATHER MARKET 74
6.8.1 REGULATIONS FOR SYNTHETIC LEATHERS, BY COUNTRY/REGION 75
TABLE 8 NORTH AMERICA: REGULATIONS FOR SYNTHETIC LEATHERS 75
TABLE 9 EUROPE: REGULATIONS FOR SYNTHETIC LEATHERS 75
TABLE 10 ASIA PACIFIC: REGULATIONS FOR SYNTHETIC LEATHERS 76
TABLE 11 REST OF THE WORLD: REGULATIONS FOR SYNTHETIC LEATHERS 77
6.8.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 78
6.9 KEY CONFERENCES & EVENTS IN 2023–2024 79
TABLE 12 SYNTHETIC LEATHER MARKET: DETAILED LIST OF CONFERENCES & EVENTS 79
6.10 TRADE DATA 79
6.10.1 IMPORT SCENARIO OF SYNTHETIC LEATHERS 79
FIGURE 26 SYNTHETIC LEATHER IMPORTS, BY KEY COUNTRY, 2017–2022 80
TABLE 13 SYNTHETIC LEATHER IMPORTS, BY REGION, 2017–2022 (USD MILLION) 80
6.10.2 EXPORT SCENARIO OF SYNTHETIC LEATHERS 80
FIGURE 27 SYNTHETIC LEATHER EXPORTS, BY KEY COUNTRY, 2017–2022 81
TABLE 14 SYNTHETIC LEATHER EXPORTS, BY REGION, 2017–2022 (USD MILLION) 81
6.11 PATENT ANALYSIS 81
6.11.1 APPROACH 82
6.11.2 DOCUMENT TYPE 82
TABLE 15 GRANTED PATENTS 12.4% OF TOTAL COUNT BETWEEN 2012 AND 2022 82
FIGURE 28 PATENTS REGISTERED FOR SYNTHETIC LEATHER, 2012–2022 82
FIGURE 29 PATENT PUBLICATION TRENDS FOR SYNTHETIC LEATHER, 2012–2022 83
6.11.3 LEGAL STATUS OF PATENTS 83
FIGURE 30 LEGAL STATUS OF PATENTS FILED FOR SYNTHETIC LEATHER 83
6.11.4 JURISDICTION ANALYSIS 84
FIGURE 31 MAXIMUM PATENTS FILED BY COMPANIES IN CHINA 84
6.11.5 TOP APPLICANTS 84
FIGURE 32 SHAANXI UNIVERSITY OF SCIENCE AND TECHNOLOGY REGISTERED MAXIMUM NUMBER OF PATENTS BETWEEN 2012 AND 2022 84
TABLE 16 TOP 10 PATENT OWNERS (US) IN LAST 11 YEARS 87
7 SYNTHETIC LEATHER MARKET, BY TYPE 88
7.1 INTRODUCTION 89
FIGURE 33 PU-BASED LEATHER SEGMENT TO DOMINATE SYNTHETIC LEATHER MARKET DURING FORECAST PERIOD 89
TABLE 17 SYNTHETIC LEATHER MARKET, BY TYPE, 2017–2021 (MILLION SQ. METER) 89
TABLE 18 SYNTHETIC LEATHER MARKET, BY TYPE, 2022–2028 (MILLION SQ. METER) 89
TABLE 19 SYNTHETIC LEATHER MARKET, BY TYPE, 2017–2021 (USD MILLION) 90
TABLE 20 SYNTHETIC LEATHER MARKET, BY TYPE, 2022–2028 (USD MILLION) 90
7.2 PU-BASED SYNTHETIC LEATHER 90
7.2.1 DEMAND FROM AUTOMOTIVE AND CLOTHING INDUSTRIES TO DRIVE MARKET 90
7.3 MICROFIBER LEATHER 91
7.3.1 SMOOTH, SOFT, LIGHTWEIGHT, GOOD TENSILE STRENGTH, ANTIBACTERIAL, AND EXCELLENT RESISTANCE TO TEAR, SCRATCH, AND ABRASION TO DRIVE MARKET 91
TABLE 21 PU-BASED SYNTHETIC LEATHER MARKET, BY REGION, 2017–2021 (MILLION SQ. METER) 91
TABLE 22 PU-BASED SYNTHETIC LEATHER MARKET, BY REGION, 2022–2028 (MILLION SQ. METER) 91
TABLE 23 PU-BASED SYNTHETIC LEATHER MARKET, BY REGION, 2017–2021 (USD MILLION) 92
TABLE 24 PU-BASED SYNTHETIC LEATHER MARKET, BY REGION, 2022–2028 (USD MILLION) 92
7.4 PVC-BASED SYNTHETIC LEATHER 92
7.4.1 HIGH STRENGTH, RESISTANCE TO VARIOUS CLIMATIC CONDITIONS, AND EASE OF MAINTENANCE TO DRIVE MARKET 92
TABLE 25 PVC-BASED SYNTHETIC LEATHER MARKET, BY REGION, 2017–2021 (MILLION SQ. METER) 93
TABLE 26 PVC-BASED SYNTHETIC LEATHER MARKET, BY REGION, 2022–2028 (MILLION SQ. METER) 93
TABLE 27 PVC-BASED SYNTHETIC LEATHER MARKET, BY REGION, 2017–2021 (USD MILLION) 93
TABLE 28 PVC-BASED SYNTHETIC LEATHER MARKET, BY REGION, 2022–2028 (USD MILLION) 94
7.5 BIO-BASED LEATHER 94
7.5.1 INCREASING GOVERNMENT REGULATIONS AND RISING ENVIRONMENTAL CONCERNS TO DRIVE MARKET 94
TABLE 29 BIO-BASED LEATHER MARKET, BY REGION, 2017–2021 (MILLION SQ. METER) 94
TABLE 30 BIO-BASED LEATHER MARKET, BY REGION, 2022–2028 (MILLION SQ. METER) 95
TABLE 31 BIO-BASED LEATHER MARKET, BY REGION, 2017–2021 (USD MILLION) 95
TABLE 32 BIO-BASED LEATHER MARKET, BY REGION, 2022–2028 (USD MILLION) 95
8 SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY 96
8.1 INTRODUCTION 97
FIGURE 34 FOOTWEAR END-USE INDUSTRY TO DOMINATE SYNTHETIC LEATHER MARKET DURING FORECAST PERIOD 97
TABLE 33 SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (MILLION SQ. METER) 97
TABLE 34 SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION SQ. METER) 98
TABLE 35 SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION) 98
TABLE 36 SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 98
8.2 FOOTWEAR 99
8.2.1 EXCELLENT PROPERTIES AND HIGH DURABILITY TO DRIVE MARKET 99
8.2.2 SPORTS SHOES 99
8.2.3 FORMAL SHOES & BOOTS 99
8.2.4 SANDALS & SLIPPERS 99
TABLE 37 SYNTHETIC LEATHER MARKET IN FOOTWEAR, BY REGION, 2017–2021 (MILLION SQ. METER) 99
TABLE 38 SYNTHETIC LEATHER MARKET IN FOOTWEAR, BY REGION, 2022–2028 (MILLION SQ. METER) 100
TABLE 39 SYNTHETIC LEATHER MARKET IN FOOTWEAR, BY REGION, 2017–2021 (USD MILLION) 100
TABLE 40 SYNTHETIC LEATHER MARKET IN FOOTWEAR, BY REGION, 2022–2028 (USD MILLION) 100
8.3 FURNISHING 101
8.3.1 AFFORDABLE ALTERNATIVE TO PURE LEATHER TO DRIVE MARKET 101
8.3.2 CHAIRS 101
8.3.3 SOFAS 101
8.3.4 BEAN BAGS & OTHERS 101
TABLE 41 SYNTHETIC LEATHER MARKET IN FURNISHING, BY REGION, 2017–2021 (MILLION SQ. METER) 101
TABLE 42 SYNTHETIC LEATHER MARKET IN FURNISHING, BY REGION, 2022–2028 (MILLION SQ. METER) 102
TABLE 43 SYNTHETIC LEATHER MARKET IN FURNISHING, BY REGION, 2017–2021 (USD MILLION) 102
TABLE 44 SYNTHETIC LEATHER MARKET IN FURNISHING, BY REGION, 2022–2028 (USD MILLION) 102
8.4 AUTOMOTIVE 103
8.4.1 COMFORTABLE SEAT UPHOLSTERY RESISTANT TO COLD AND HOT TEMPERATURES TO DRIVE MARKET 103
8.4.2 SEATS 103
8.4.3 STEERING WHEEL COVERS 103
8.4.4 DOOR TRIMS, KNOBS, & GEAR BOT COVERS 103
TABLE 45 SYNTHETIC LEATHER MARKET IN AUTOMOTIVE, BY REGION, 2017–2021 (MILLION SQ. METER) 103
TABLE 46 SYNTHETIC LEATHER MARKET IN AUTOMOTIVE, BY REGION, 2022–2028 (MILLION SQ. METER) 104
TABLE 47 SYNTHETIC LEATHER MARKET IN AUTOMOTIVE, BY REGION, 2017–2021 (USD MILLION) 104
TABLE 48 SYNTHETIC LEATHER MARKET IN AUTOMOTIVE, BY REGION, 2022–2028 (USD MILLION) 104
8.5 CLOTHING 105
8.5.1 VERSATILITY AND LESS EXPENSIVE ATTRIBUTES TO DRIVE MARKET 105
8.5.2 JACKETS 105
8.5.3 BELTS 105
8.5.4 TOPS, TROUSERS, AND OTHERS 105
TABLE 49 SYNTHETIC LEATHER MARKET IN CLOTHING, BY REGION, 2017–2021 (MILLION SQ. METER) 105
TABLE 50 SYNTHETIC LEATHER MARKET IN CLOTHING, BY REGION, 2022–2028 (MILLION SQ. METER) 105
TABLE 51 SYNTHETIC LEATHER MARKET IN CLOTHING, BY REGION, 2017–2021 (USD MILLION) 106
TABLE 52 SYNTHETIC LEATHER MARKET IN CLOTHING, BY REGION, 2022–2028 (USD MILLION) 106
8.6 BAGS, PURSES, & WALLETS 106
8.6.1 BAGS 106
8.6.2 PURSES 107
8.6.3 WALLETS 107
TABLE 53 SYNTHETIC LEATHER MARKET IN BAGS, PURSES, & WALLETS, BY REGION, 2017–2021 (MILLION SQ. METER) 107
TABLE 54 SYNTHETIC LEATHER MARKET IN BAGS, PURSES, & WALLETS, BY REGION, 2022–2028 (MILLION SQ. METER) 107
TABLE 55 SYNTHETIC LEATHER MARKET IN BAGS, PURSES, & WALLETS, BY REGION, 2017–2021 (USD MILLION) 108
TABLE 56 SYNTHETIC LEATHER MARKET IN BAGS, PURSES, & WALLETS, BY REGION, 2022–2028 (USD MILLION) 108
8.7 OTHERS 108
TABLE 57 SYNTHETIC LEATHER MARKET IN OTHER END-USE INDUSTRIES, BY REGION, 2017–2021 (MILLION SQ. METER) 108
TABLE 58 SYNTHETIC LEATHER MARKET IN OTHER END-USE INDUSTRIES, BY REGION, 2022–2028 (MILLION SQ. METER) 109
TABLE 59 SYNTHETIC LEATHER MARKET IN OTHER END-USE INDUSTRIES, BY REGION, 2017–2021 (USD MILLION) 109
TABLE 60 SYNTHETIC LEATHER MARKET IN OTHER END-USE INDUSTRIES, BY REGION, 2022–2028 (USD MILLION) 109
9 SYNTHETIC LEATHER MARKET, BY REGION 110
9.1 INTRODUCTION 111
FIGURE 35 ASIA PACIFIC TO BE LARGEST SYNTHETIC LEATHER MARKET DURING FORECAST PERIOD 111
TABLE 61 SYNTHETIC LEATHER MARKET, BY REGION, 2017–2021 (MILLION SQ. METER) 111
TABLE 62 SYNTHETIC LEATHER MARKET, BY REGION, 2022–2028 (MILLION SQ. METER) 112
TABLE 63 SYNTHETIC LEATHER MARKET, BY REGION, 2017–2021 (USD MILLION) 112
TABLE 64 SYNTHETIC LEATHER MARKET, BY REGION, 2022–2028 (USD MILLION) 112
9.2 ASIA PACIFIC 113
FIGURE 36 ASIA PACIFIC: SYNTHETIC LEATHER MARKET SNAPSHOT 114
9.2.1 IMPACT OF RECESSION ON ASIA PACIFIC 114
9.2.2 ASIA PACIFIC SYNTHETIC LEATHER MARKET, BY TYPE 115
TABLE 65 ASIA PACIFIC: SYNTHETIC LEATHER MARKET, BY TYPE, 2017–2021 (MILLION SQ. METER) 115
TABLE 66 ASIA PACIFIC: SYNTHETIC LEATHER MARKET, BY TYPE, 2022–2028 (MILLION SQ. METER) 115
TABLE 67 ASIA PACIFIC: SYNTHETIC LEATHER MARKET, BY TYPE, 2017–2021 (USD MILLION) 115
TABLE 68 ASIA PACIFIC: SYNTHETIC LEATHER MARKET, BY TYPE, 2022–2028 (USD MILLION) 116
9.2.3 ASIA PACIFIC SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY 116
TABLE 69 ASIA PACIFIC: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (MILLION SQ. METER) 116
TABLE 70 ASIA PACIFIC: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION SQ. METER) 116
TABLE 71 ASIA PACIFIC: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION) 117
TABLE 72 ASIA PACIFIC: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 117
9.2.4 ASIA PACIFIC SYNTHETIC LEATHER MARKET, BY COUNTRY 117
TABLE 73 ASIA PACIFIC: SYNTHETIC LEATHER MARKET, BY COUNTRY, 2017–2021 (MILLION SQ. METER) 117
TABLE 74 ASIA PACIFIC: SYNTHETIC LEATHER MARKET, BY COUNTRY, 2022–2028 (MILLION SQ. METER) 118
TABLE 75 ASIA PACIFIC: SYNTHETIC LEATHER MARKET, BY COUNTRY, 2017–2021 (USD MILLION) 118
TABLE 76 ASIA PACIFIC: SYNTHETIC LEATHER MARKET, BY COUNTRY, 2022–2028 (USD MILLION) 119
9.2.4.1 China 119
9.2.4.1.1 Rising domestic demand for footwear and furnishing to drive market 119
TABLE 77 CHINA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (MILLION SQ. METER) 119
TABLE 78 CHINA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION SQ. METER) 120
TABLE 79 CHINA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION) 120
TABLE 80 CHINA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 121
9.2.4.2 India 121
9.2.4.2.1 Increased urbanization and industrialization to drive market 121
TABLE 81 INDIA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (MILLION SQ. METER) 121
TABLE 82 INDIA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION SQ. METER) 122
TABLE 83 INDIA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION) 122
TABLE 84 INDIA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 122
9.2.4.3 Japan 123
9.2.4.3.1 Increased demand for sports footwear to drive market 123
TABLE 85 JAPAN: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (MILLION SQ. METER) 123
TABLE 86 JAPAN: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION SQ. METER) 123
TABLE 87 JAPAN: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION) 124
TABLE 88 JAPAN: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 124
9.2.4.4 South Korea 124
9.2.4.4.1 Automotive and footwear sectors to drive market 124
TABLE 89 SOUTH KOREA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (MILLION SQ. METER) 125
TABLE 90 SOUTH KOREA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION SQ. METER) 125
TABLE 91 SOUTH KOREA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION) 125
TABLE 92 SOUTH KOREA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 126
9.2.4.5 Taiwan 126
9.2.4.5.1 Growing industrialization and establishment of footwear OEMs to drive market 126
TABLE 93 TAIWAN: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (MILLION SQ. METER) 126
TABLE 94 TAIWAN: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION SQ. METER) 127
TABLE 95 TAIWAN: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION) 127
TABLE 96 TAIWAN: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 127
9.2.4.6 Thailand 128
9.2.4.6.1 Industrialization and footwear OEMs to drive market 128
TABLE 97 THAILAND: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (MILLION SQ. METER) 128
TABLE 98 THAILAND: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION SQ. METER) 128
TABLE 99 THAILAND: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION) 129
TABLE 100 THAILAND: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 129
9.2.4.7 Malaysia 129
9.2.4.7.1 Large footwear industry to drive market 129
TABLE 101 MALAYSIA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (MILLION SQ. METER) 130
TABLE 102 MALAYSIA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION SQ. METER) 130
TABLE 103 MALAYSIA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION) 130
TABLE 104 MALAYSIA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 131
9.2.4.8 Indonesia 131
9.2.4.8.1 Strong export-oriented manufacturing entities to drive market 131
TABLE 105 INDONESIA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (MILLION SQ. METER) 131
TABLE 106 INDONESIA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION SQ. METER) 132
TABLE 107 INDONESIA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION) 132
TABLE 108 INDONESIA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 132
9.3 EUROPE 133
FIGURE 37 EUROPE: SYNTHETIC LEATHER MARKET SNAPSHOT 133
9.3.1 IMPACT OF RECESSION ON EUROPE 134
9.3.2 EUROPE SYNTHETIC LEATHER MARKET, BY TYPE 134
TABLE 109 EUROPE: SYNTHETIC LEATHER MARKET, BY TYPE, 2017–2021 (MILLION SQ. METER) 134
TABLE 110 EUROPE: SYNTHETIC LEATHER MARKET, BY TYPE, 2022–2028 (MILLION SQ. METER) 134
TABLE 111 EUROPE: SYNTHETIC LEATHER MARKET, BY TYPE, 2017–2021 (USD MILLION) 135
TABLE 112 EUROPE: SYNTHETIC LEATHER MARKET, BY TYPE, 2022–2028 (USD MILLION) 135
9.3.3 EUROPE SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY 135
TABLE 113 EUROPE: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (MILLION SQ. METER) 135
TABLE 114 EUROPE: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION SQ. METER) 136
TABLE 115 EUROPE: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION) 136
TABLE 116 EUROPE: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 137
9.3.4 EUROPE SYNTHETIC LEATHER MARKET, BY COUNTRY 137
TABLE 117 EUROPE: SYNTHETIC LEATHER MARKET, BY COUNTRY, 2017–2021 (MILLION SQ. METER) 137
TABLE 118 EUROPE: SYNTHETIC LEATHER MARKET, BY COUNTRY, 2022–2028 (MILLION SQ. METER) 138
TABLE 119 EUROPE: SYNTHETIC LEATHER MARKET, BY COUNTRY, 2017–2021 (USD MILLION) 138
TABLE 120 EUROPE: SYNTHETIC LEATHER MARKET, BY COUNTRY, 2022–2028 (USD MILLION) 139
9.3.4.1 Germany 139
9.3.4.1.1 Footwear and furnishing industries to drive market 139
TABLE 121 GERMANY: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (MILLION SQ. METER) 139
TABLE 122 GERMANY: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION SQ. METER) 140
TABLE 123 GERMANY: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION) 140
TABLE 124 GERMANY: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 141
9.3.4.2 Italy 141
9.3.4.2.1 Rising awareness about animal welfare to drive market 141
TABLE 125 ITALY: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (MILLION SQ. METER) 141
TABLE 126 ITALY: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION SQ. METER) 142
TABLE 127 ITALY: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION) 142
TABLE 128 ITALY: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 143
9.3.4.3 France 143
9.3.4.3.1 Footwear and furnishing industries to drive market 143
TABLE 129 FRANCE: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (MILLION SQ. METER) 143
TABLE 130 FRANCE: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION SQ. METER) 144
TABLE 131 FRANCE: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION) 144
TABLE 132 FRANCE: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 144
9.3.4.4 UK 145
9.3.4.4.1 Strong automotive sector to drive market 145
TABLE 133 UK: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (MILLION SQ. METER) 145
TABLE 134 UK: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION SQ. METER) 145
TABLE 135 UK: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION) 146
TABLE 136 UK: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 146
9.3.4.5 Spain 146
9.3.4.5.1 Significant car exports to drive market 146
TABLE 137 SPAIN: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (MILLION SQ. METER) 147
TABLE 138 SPAIN: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION SQ. METER) 147
TABLE 139 SPAIN: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION) 147
TABLE 140 SPAIN: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 148
9.3.4.6 Russia 148
9.3.4.6.1 Fastest-growing automotive and large footwear industries to drive market 148
TABLE 141 RUSSIA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (MILLION SQ. METER) 148
TABLE 142 RUSSIA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION SQ. METER) 149
TABLE 143 RUSSIA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION) 149
TABLE 144 RUSSIA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 149
9.3.4.7 Poland 150
9.3.4.7.1 Growing domestic and export markets for furniture to drive demand 150
TABLE 145 POLAND: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (MILLION SQ. METER) 150
TABLE 146 POLAND: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION SQ. METER) 150
TABLE 147 POLAND: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION) 151
TABLE 148 POLAND: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 151
9.3.4.8 Sweden 151
9.3.4.8.1 Growing clothing, footwear, and furniture industries to drive market 151
TABLE 149 SWEDEN: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (MILLION SQ. METER) 152
TABLE 150 SWEDEN: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION SQ. METER) 152
TABLE 151 SWEDEN: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION) 152
TABLE 152 SWEDEN: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 153
9.3.4.9 Portugal 153
9.3.4.9.1 Demand from footwear, furnishing, and automotive industries to drive market 153
TABLE 153 PORTUGAL: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (MILLION SQ. METER) 153
TABLE 154 PORTUGAL: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION SQ. METER) 154
TABLE 155 PORTUGAL: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION) 154
TABLE 156 PORTUGAL: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 154
9.4 NORTH AMERICA 155
FIGURE 38 NORTH AMERICA: SYNTHETIC LEATHER MARKET SNAPSHOT 155
9.4.1 IMPACT OF RECESSION ON NORTH AMERICA 156
9.4.2 NORTH AMERICA SYNTHETIC LEATHER MARKET, BY TYPE 156
TABLE 157 NORTH AMERICA: SYNTHETIC LEATHER MARKET, BY TYPE, 2017–2021 (MILLION SQ. METER) 156
TABLE 158 NORTH AMERICA: SYNTHETIC LEATHER MARKET, BY TYPE, 2022–2028 (MILLION SQ. METER) 156
TABLE 159 NORTH AMERICA: SYNTHETIC LEATHER MARKET, BY TYPE, 2017–2021 (USD MILLION) 157
TABLE 160 NORTH AMERICA: SYNTHETIC LEATHER MARKET, BY TYPE, 2022–2028 (USD MILLION) 157
9.4.3 NORTH AMERICA SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY 157
TABLE 161 NORTH AMERICA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (MILLION SQ. METER) 157
TABLE 162 NORTH AMERICA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION SQ. METER) 158
TABLE 163 NORTH AMERICA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION) 158
TABLE 164 NORTH AMERICA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 158
9.4.4 NORTH AMERICA SYNTHETIC LEATHER MARKET, BY COUNTRY 159
TABLE 165 NORTH AMERICA: SYNTHETIC LEATHER MARKET, BY COUNTRY, 2017–2021 (MILLION SQ. METER) 159
TABLE 166 NORTH AMERICA: SYNTHETIC LEATHER MARKET, BY COUNTRY, 2022–2028 (MILLION SQ. METER) 159
TABLE 167 NORTH AMERICA: SYNTHETIC LEATHER MARKET, BY COUNTRY, 2017–2021 (USD MILLION) 159
TABLE 168 NORTH AMERICA: SYNTHETIC LEATHER MARKET, BY COUNTRY, 2022–2028 (USD MILLION) 160
9.4.4.1 US 160
9.4.4.1.1 Technological advancements and capacity expansions to drive market 160
TABLE 169 US: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (MILLION SQ. METER) 160
TABLE 170 US: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION SQ. METER) 161
TABLE 171 US: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION) 161
TABLE 172 US: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 161
9.4.4.2 Mexico 162
9.4.4.2.1 Increased footwear exports to drive market 162
TABLE 173 MEXICO: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (MILLION SQ. METER) 162
TABLE 174 MEXICO: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION SQ. METER) 162
TABLE 175 MEXICO: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION) 163
TABLE 176 MEXICO: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 163
9.4.4.3 Canada 163
9.4.4.3.1 Expanding end-use industries to drive market 163
TABLE 177 CANADA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (MILLION SQ. METER) 164
TABLE 178 CANADA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION SQ. METER) 164
TABLE 179 CANADA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION) 164
TABLE 180 CANADA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 165
9.5 SOUTH AMERICA 165
9.5.1 IMPACT OF RECESSION ON SOUTH AMERICA 165
9.5.2 SOUTH AMERICA SYNTHETIC LEATHER MARKET, BY TYPE 166
TABLE 181 SOUTH AMERICA: SYNTHETIC LEATHER MARKET, BY TYPE, 2017–2021 (MILLION SQ. METER) 166
TABLE 182 SOUTH AMERICA: SYNTHETIC LEATHER MARKET, BY TYPE, 2022–2028 (MILLION SQ. METER) 166
TABLE 183 SOUTH AMERICA: SYNTHETIC LEATHER MARKET, BY TYPE, 2017–2021 (USD MILLION) 166
TABLE 184 SOUTH AMERICA: SYNTHETIC LEATHER MARKET, BY TYPE, 2022–2028 (USD MILLION) 166
9.5.3 SOUTH AMERICA SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY 167
TABLE 185 SOUTH AMERICA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (MILLION SQ. METER) 167
TABLE 186 SOUTH AMERICA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION SQ. METER) 167
TABLE 187 SOUTH AMERICA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION) 167
TABLE 188 SOUTH AMERICA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 168
9.5.4 SOUTH AMERICA SYNTHETIC LEATHER MARKET, BY COUNTRY 168
TABLE 189 SOUTH AMERICA: SYNTHETIC LEATHER MARKET, BY COUNTRY, 2017–2021 (MILLION SQ. METER) 168
TABLE 190 SOUTH AMERICA: SYNTHETIC LEATHER MARKET, BY COUNTRY, 2022–2028 (MILLION SQ. METER) 168
TABLE 191 SOUTH AMERICA: SYNTHETIC LEATHER MARKET, BY COUNTRY, 2017–2021 (USD MILLION) 169
TABLE 192 SOUTH AMERICA: SYNTHETIC LEATHER MARKET, BY COUNTRY, 2022–2028 (USD MILLION) 169
9.5.4.1 Brazil 169
9.5.4.1.1 Growing footwear, automotive, and clothing industries to drive market 169
TABLE 193 BRAZIL: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (MILLION SQ. METER) 169
TABLE 194 BRAZIL: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION SQ. METER) 170
TABLE 195 BRAZIL: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION) 170
TABLE 196 BRAZIL: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 170
9.5.4.2 Argentina 171
9.5.4.2.1 Automotive, furnishing, and footwear industries to drive market 171
TABLE 197 ARGENTINA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (MILLION SQ. METER) 171
TABLE 198 ARGENTINA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION SQ. METER) 171
TABLE 199 ARGENTINA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION) 172
TABLE 200 ARGENTINA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 172
9.6 MIDDLE EAST & AFRICA 172
9.6.1 IMPACT OF RECESSION ON MIDDLE EAST & AFRICA 172
9.6.2 MIDDLE EAST & AFRICA SYNTHETIC LEATHER MARKET, BY TYPE 173
TABLE 201 MIDDLE EAST & AFRICA: SYNTHETIC LEATHER MARKET, BY TYPE, 2017–2021 (MILLION SQ. METER) 173
TABLE 202 MIDDLE EAST & AFRICA: SYNTHETIC LEATHER MARKET, BY TYPE, 2022–2028 (MILLION SQ. METER) 173
TABLE 203 MIDDLE EAST & AFRICA: SYNTHETIC LEATHER MARKET, BY TYPE, 2017–2021 (USD MILLION) 173
TABLE 204 MIDDLE EAST & AFRICA: SYNTHETIC LEATHER MARKET, BY TYPE, 2022–2028 (USD MILLION) 174
9.6.3 MIDDLE EAST & AFRICA SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY 174
TABLE 205 MIDDLE EAST & AFRICA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (MILLION SQ. METER) 174
TABLE 206 MIDDLE EAST & AFRICA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION SQ. METER) 174
TABLE 207 MIDDLE EAST & AFRICA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION) 175
TABLE 208 MIDDLE EAST & AFRICA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 175
9.6.4 MIDDLE EAST & AFRICA SYNTHETIC LEATHER MARKET, BY REGION 175
TABLE 209 MIDDLE EAST & AFRICA: SYNTHETIC LEATHER MARKET, BY REGION, 2017–2021 (MILLION SQ. METER) 175
TABLE 210 MIDDLE EAST & AFRICA: SYNTHETIC LEATHER MARKET, BY REGION, 2022–2028 (MILLION SQ. METER) 176
TABLE 211 MIDDLE EAST & AFRICA: SYNTHETIC LEATHER MARKET, BY REGION, 2017–2021 (USD MILLION) 176
TABLE 212 MIDDLE EAST & AFRICA: SYNTHETIC LEATHER MARKET, BY REGION, 2022–2028 (USD MILLION) 176
9.6.4.1 Middle East 176
9.6.4.1.1 Furnishing, automotive, and clothing industries to drive market 176
TABLE 213 MIDDLE EAST: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (MILLION SQ. METER) 177
TABLE 214 MIDDLE EAST: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION SQ. METER) 177
TABLE 215 MIDDLE EAST: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION) 177
TABLE 216 MIDDLE EAST: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 178
9.6.4.2 Africa 178
9.6.4.2.1 Growing furnishing, automotive, and footwear industries to drive market 178
TABLE 217 AFRICA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (MILLION SQ. METER) 178
TABLE 218 AFRICA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION SQ. METER) 179
TABLE 219 AFRICA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2017–2021 (USD MILLION) 179
TABLE 220 AFRICA: SYNTHETIC LEATHER MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 179
10 COMPETITIVE LANDSCAPE 180
10.1 INTRODUCTION 180
10.2 KEY PLAYER STRATEGIES 180
TABLE 221 OVERVIEW OF STRATEGIES ADOPTED BY KEY SYNTHETIC LEATHER MANUFACTURERS 180
10.3 RANKING OF KEY MARKET PLAYERS, 2022 182
FIGURE 39 RANKING OF TOP FIVE PLAYERS IN SYNTHETIC LEATHER MARKET, 2022 182
10.4 MARKET SHARE ANALYSIS 182
TABLE 222 SYNTHETIC LEATHER MARKET: DEGREE OF COMPETITION 183
FIGURE 40 NAN YA PLASTICS CORPORATION ACCOUNTED FOR LARGEST SHARE OF SYNTHETIC LEATHER MARKET IN 2022 183
10.5 REVENUE ANALYSIS OF KEY COMPANIES 185
FIGURE 41 REVENUE ANALYSIS OF KEY COMPANIES DURING LAST FIVE YEARS 185
10.6 COMPANY EVALUATION MATRIX 185
10.6.1 STARS 185
10.6.2 EMERGING LEADERS 185
10.6.3 PERVASIVE PLAYERS 186
10.6.4 PARTICIPANTS 186
FIGURE 42 COMPANY EVALUATION MATRIX, 2022 186
10.6.5 COMPANY FOOTPRINT 187
FIGURE 43 COMPANY FOOTPRINT (25 COMPANIES) 187
TABLE 223 PRODUCT TYPE FOOTPRINT (25 COMPANIES) 188
TABLE 224 END-USE INDUSTRY FOOTPRINT (25 COMPANIES) 189
TABLE 225 REGION FOOTPRINT (25 COMPANIES) 190
10.7 STARTUP/SME EVALUATION MATRIX 191
10.7.1 PROGRESSIVE COMPANIES 191
10.7.2 RESPONSIVE COMPANIES 191
10.7.3 DYNAMIC COMPANIES 191
10.7.4 STARTING BLOCKS 191
FIGURE 44 STARTUP/SME EVALUATION MATRIX, 2022 192
10.7.5 COMPETITIVE BENCHMARKING 193
TABLE 226 DETAILED LIST OF KEY STARTUPS/SMES 193
TABLE 227 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 193
10.8 COMPETITIVE SCENARIO AND TRENDS 194
10.8.1 PRODUCT LAUNCHES 194
TABLE 228 PRODUCT LAUNCHES (2020–2023) 194
10.8.2 DEALS 194
TABLE 229 DEALS (2020–2023) 194
10.8.3 OTHERS 195
TABLE 230 OTHERS (2020–2023) 195
11 COMPANY PROFILES 196
(Business overview, Products/Solutions/Services offered, Recent Developments, Deals, MnM view, Right to win, Strategic choices, Weaknesses and competitive threats)*
11.1 MAJOR PLAYERS 196
11.1.1 KURARAY CO., LTD. 196
TABLE 231 KURARAY CO., LTD.: COMPANY OVERVIEW 196
FIGURE 45 KURARAY CO., LTD.: COMPANY SNAPSHOT 197
11.1.2 SAN FANG CHEMICAL INDUSTRY CO., LTD. 199
TABLE 232 SAN FANG CHEMICAL INDUSTRY CO., LTD.: COMPANY OVERVIEW 199
FIGURE 46 SAN FANG CHEMICAL INDUSTRY CO., LTD.: COMPANY SNAPSHOT 199
11.1.3 TEIJIN LIMITED 202
TABLE 233 TEIJIN LIMITED: COMPANY OVERVIEW 202
FIGURE 47 TEIJIN LIMITED: COMPANY SNAPSHOT 203
11.1.4 MAYUR UNIQUOTERS LIMITED 205
TABLE 234 MAYUR UNIQUOTERS LIMITED: COMPANY OVERVIEW 205
FIGURE 48 MAYUR UNIQUOTERS LIMITED: COMPANY SNAPSHOT 205
11.1.5 NAN YA PLASTICS CORPORATION 207
TABLE 235 NAN YA PLASTICS CORPORATION: COMPANY OVERVIEW 207
FIGURE 49 NAN YA PLASTICS CORPORATION: COMPANY SNAPSHOT 208
11.1.6 FILWEL CO., LTD. 210
TABLE 236 FILWEL CO., LTD.: COMPANY OVERVIEW 210
11.1.7 ZHEJIANG HEXIN HOLDINGS CO., LTD. 211
TABLE 237 ZHEJIANG HEXIN HOLDINGS CO., LTD.: COMPANY OVERVIEW 211
11.1.8 WANHUA CHEMICAL GROUP CO., LTD 212
TABLE 238 WANHUA CHEMICAL GROUP CO., LTD: COMPANY OVERVIEW 212
FIGURE 50 WANHUA CHEMICAL GROUP CO., LTD: COMPANY SNAPSHOT 213
11.1.9 ALFATEX ITALIA SRL 215
TABLE 239 ALFATEX ITALIA SRL: COMPANY OVERVIEW 215
11.1.10 H.R. POLYCOATS PRIVATE LIMITED 216
TABLE 240 H.R. POLYCOATS PRIVATE LIMITED: COMPANY OVERVIEW 216
*Details on Business overview, Products/Solutions/Services offered, Recent Developments, MnM view, Key strengths, Strategic choices, Weaknesses and competitive threats might not be captured in case of unlisted companies.
11.2 OTHER KEY MARKET PLAYERS 217
11.2.1 KOLON INDUSTRIES INC. 217
TABLE 241 KOLON INDUSTRIES, INC.: COMPANY OVERVIEW 217
11.2.2 MARVEL VINYLS LIMITED 218
TABLE 242 MARVEL VINYLS LIMITED: COMPANY OVERVIEW 218
11.2.3 TORAY INDUSTRIES, INC. 218
TABLE 243 TORAY INDUSTRIES, INC.: COMPANY OVERVIEW 218
11.2.4 ANHUI ANLI MATERIAL TECHNOLOGY CO., LTD. 219
TABLE 244 ANHUI ANLI MATERIAL TECHNOLOGY CO., LTD.: COMPANY OVERVIEW 219
11.2.5 SHANDONG JINFENG ARTIFICIAL LEATHER CO., LTD. 219
TABLE 245 SHANDONG JINFENG ARTIFICIAL LEATHER CO., LTD.: COMPANY OVERVIEW 219
11.2.6 ECOLORICA MICROFIBER S.R.L. 220
TABLE 246 ECOLORICA MICROFIBER S.R.L.: COMPANY OVERVIEW 220
11.2.7 KONUS KONEX D.O.O. 220
TABLE 247 KONUS KONEX D.O.O.: COMPANY OVERVIEW 220
11.2.8 UNITED DECORATIVES PRIVATE LIMITED (JINDAL) 221
TABLE 248 UNITED DECORATIVES PRIVATE LIMITED (JINDAL): COMPANY OVERVIEW 221
11.2.9 ARORA VINYL PVT. LTD. 222
TABLE 249 ARORA VINYL PVT. LTD.: COMPANY OVERVIEW 222
11.2.10 ZHEJIANG YONGFA SYNTHETIC LEATHER CO., LTD. 223
TABLE 250 ZHEJIANG YONGFA SYNTHETIC LEATHER CO., LTD.: COMPANY OVERVIEW 223
11.2.11 POLITEKS SUNI DERI TEKSTIL LTD. 223
TABLE 251 POLITEKS SUNI DERI TEKSTIL LTD.: COMPANY OVERVIEW 223
11.2.12 LEO VINYLS 224
TABLE 252 LEO VINYLS: COMPANY OVERVIEW 224
11.2.13 PRIMO (PVT) LTD. 224
TABLE 253 PRIMO (PVT) LTD.: COMPANY OVERVIEW 224
11.2.14 NIRMAL FIBRES (P) LTD. 225
TABLE 254 NIRMAL FIBRES (P) LTD.: COMPANY OVERVIEW 225
11.2.15 SHAKTI TEX COATERS PVT. LTD. 225
TABLE 255 SHAKTI TEX COATERS PVT. LTD.: COMPANY OVERVIEW 225
12 ADJACENT AND RELATED MARKETS 226
12.1 INTRODUCTION 226
12.2 LIMITATIONS 226
12.3 AUTOMOTIVE INTERIOR MATERIALS MARKET 226
12.3.1 MARKET DEFINITION 226
12.3.2 MARKET OVERVIEW 226
12.3.3 AUTOMOTIVE INTERIOR MATERIALS MARKET, BY REGION 227
TABLE 256 AUTOMOTIVE INTERIOR MATERIALS MARKET, BY REGION, 2016–2019 (KILOTON) 227
TABLE 257 AUTOMOTIVE INTERIOR MATERIALS MARKET, BY REGION, 2020–2026 (KILOTON) 227
TABLE 258 AUTOMOTIVE INTERIOR MATERIALS MARKET, BY REGION, 2016–2019 (USD MILLION) 228
TABLE 259 AUTOMOTIVE INTERIOR MATERIALS MARKET, BY REGION, 2020–2026 (USD MILLION) 228
12.3.3.1 Asia Pacific 228
TABLE 260 ASIA PACIFIC: AUTOMOTIVE INTERIOR MATERIALS MARKET, BY COUNTRY, 2016–2019 (KILOTON) 228
TABLE 261 ASIA PACIFIC: AUTOMOTIVE INTERIOR MATERIALS MARKET, BY COUNTRY, 2020–2026 (KILOTON) 229
TABLE 262 ASIA PACIFIC: AUTOMOTIVE INTERIOR MATERIALS MARKET, BY COUNTRY, 2016–2019 (USD MILLION) 229
TABLE 263 ASIA PACIFIC: AUTOMOTIVE INTERIOR MATERIALS MARKET, BY COUNTRY, 2020–2026 (USD MILLION) 230
12.3.3.2 North America 230
TABLE 264 NORTH AMERICA: AUTOMOTIVE INTERIOR MATERIALS MARKET, BY COUNTRY, 2016–2019 (KILOTON) 230
TABLE 265 NORTH AMERICA: AUTOMOTIVE INTERIOR MATERIALS MARKET, BY COUNTRY, 2020–2026 (KILOTON) 230
TABLE 266 NORTH AMERICA: AUTOMOTIVE INTERIOR MATERIALS MARKET, BY COUNTRY, 2016–2019 (USD MILLION) 231
TABLE 267 NORTH AMERICA: AUTOMOTIVE INTERIOR MATERIALS MARKET, BY COUNTRY, 2020–2026 (USD MILLION) 231
12.3.3.3 Europe 231
TABLE 268 EUROPE: AUTOMOTIVE INTERIOR MATERIALS MARKET, BY COUNTRY, 2016–2019 (KILOTON) 231
TABLE 269 EUROPE: AUTOMOTIVE INTERIOR MATERIALS MARKET, BY COUNTRY, 2020–2026 (KILOTON) 232
TABLE 270 EUROPE: AUTOMOTIVE INTERIOR MATERIALS MARKET, BY COUNTRY, 2016–2019 (USD MILLION) 232
TABLE 271 EUROPE: AUTOMOTIVE INTERIOR MATERIALS MARKET, BY COUNTRY, 2020–2026 (USD MILLION) 233
12.3.3.4 Middle East & Africa 233
TABLE 272 MIDDLE EAST & AFRICA: AUTOMOTIVE INTERIOR MATERIALS MARKET, BY COUNTRY, 2016–2019 (KILOTON) 233
TABLE 273 MIDDLE EAST & AFRICA: AUTOMOTIVE INTERIOR MATERIALS MARKET, BY COUNTRY, 2020–2026 (KILOTON) 233
TABLE 274 MIDDLE EAST & AFRICA: AUTOMOTIVE INTERIOR MATERIALS MARKET, BY COUNTRY, 2016–2019 (USD MILLION) 234
TABLE 275 MIDDLE EAST & AFRICA: AUTOMOTIVE INTERIOR MATERIALS MARKET, BY COUNTRY, 2020–2026 (USD MILLION) 234
12.3.3.5 South America 234
TABLE 276 SOUTH AMERICA: AUTOMOTIVE INTERIOR MATERIALS MARKET, BY COUNTRY, 2016–2019 (KILOTON) 234
TABLE 277 SOUTH AMERICA: AUTOMOTIVE INTERIOR MATERIALS MARKET, BY COUNTRY, 2020–2026 (KILOTON) 235
TABLE 278 SOUTH AMERICA: AUTOMOTIVE INTERIOR MATERIALS MARKET, BY COUNTRY, 2016–2019 (USD MILLION) 235
TABLE 279 SOUTH AMERICA: AUTOMOTIVE INTERIOR MATERIALS MARKET, BY COUNTRY, 2020–2026 (USD MILLION) 235
13 APPENDIX 236
13.1 DISCUSSION GUIDE 236
13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 239
13.3 CUSTOMIZATION OPTIONS 241
13.4 RELATED REPORTS 241
13.5 AUTHOR DETAILS 242