合成皮革市場 : 2028年までの世界予測

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

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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.

合成皮革市場 : 2028年までの世界予測


“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.

合成皮革市場 : 2028年までの世界予測 ecosystem


“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.

合成皮革市場 : 2028年までの世界予測 region


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