Global Man-made Leather Supply, Demand and Key Producers, 2026-2032
Description
The global Man-made Leather market size is expected to reach $ 38250 million by 2032, rising at a market growth of 7.1% CAGR during the forecast period (2026-2032).
In 2024, global Man-made Leather production reached approximately 4,765 Million sqm, with an average global market price of around US$ 4.3 per sqm.
Man-made leather refers to synthetic materials designed to imitate the look and feel of natural leather. Typically made from synthetic resins such as polyvinyl chloride (PVC) or polyurethane (PU), it is produced through specialized manufacturing processes that offer advantages such as wear resistance, water resistance, easy maintenance, and lower cost. It is widely used in industries such as fashion, automotive, furniture, footwear, and bags, serving as an eco-friendly alternative to natural leather.
The global market for man-made leather has experienced steady growth in recent years, driven by increasing environmental awareness and a focus on animal rights. Compared to natural leather, man-made leather is not only more affordable but also customizable in terms of texture, color, and functionality, making it a valuable material across various industries. It is gradually replacing traditional leather in many sectors, particularly in the consumer goods industry. In the fashion industry, many brands are now opting for man-made leather to reduce their environmental impact. Moreover, with advancements in technology, the performance of man-made leather has significantly improved, closing the gap in appearance and texture with real leather, which increases its acceptance in high-end markets.
With continuous innovations in manufacturing techniques and technology, the global man-made leather market is growing rapidly. Countries in Asia, such as China and India, serve as major production hubs, while Europe and North America are key consumer markets. According to market research, the global man-made leather market is expected to continue expanding, with increasing demand in the furniture and automotive sectors. Furthermore, as consumers become more environmentally conscious, eco-friendly man-made leather materials, such as solvent-free PU and biodegradable options, are emerging as hot trends in the market.
Market Development Opportunities:
The man-made leather market presents numerous development opportunities. First, the growing demand for eco-friendly and sustainable materials creates a significant opportunity for man-made leather as an alternative to natural leather. With increasing consumer preference for environmentally friendly products, man-made leather has found a substantial market opportunity, especially in the fashion industry, where brands are increasingly focused on animal rights and environmental protection. Secondly, as production techniques continue to advance, the performance of man-made leather has improved significantly, making it suitable for a wider range of applications in automotive, furniture, and household sectors. Additionally, the introduction of innovative technologies has increased the diversity of man-made leather materials, such as solvent-free PU and biodegradable options, meeting the needs of various markets and consumers for functionality and sustainability.
Market Risks:
Despite the broad market prospects, the man-made leather industry faces some challenges. One of the primary risks is the fluctuation of raw material prices, especially in the context of oil price changes. The price of synthetic resins can rise, increasing the production costs of man-made leather. Another challenge is the lingering skepticism regarding the quality and durability of man-made leather, particularly in high-end products. Although technological advancements have been made, certain types of man-made leather still fall short in terms of feel and comfort when compared to natural leather. Moreover, as the market grows rapidly, competition within the industry intensifies. Companies must continuously innovate and optimize production processes to maintain their competitive edge.
Downstream Demand Trends:
Downstream demand trends are primarily focused on the following areas: First, the automotive industry is seeing steady growth in demand for man-made leather, particularly for premium car seats and interior applications. Second, the furniture industry, especially in office furniture and home decor, is increasingly adopting man-made leather. Third, demand from the fashion industry, especially in footwear, handbags, and clothing, continues to rise, as more consumers prefer eco-friendly man-made leather products. Lastly, eco-friendly man-made leather materials, such as solvent-free PU and biodegradable options, are becoming increasingly popular, meeting consumer demand for sustainability, environmental responsibility, and high quality.
This report studies the global Man-made Leather production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Man-made Leather and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Man-made Leather that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Man-made Leather total production and demand, 2021-2032, (K Sqm)
Global Man-made Leather total production value, 2021-2032, (USD Million)
Global Man-made Leather production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Sqm), (based on production site)
Global Man-made Leather consumption by region & country, CAGR, 2021-2032 & (K Sqm)
U.S. VS China: Man-made Leather domestic production, consumption, key domestic manufacturers and share
Global Man-made Leather production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Sqm)
Global Man-made Leather production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Sqm)
Global Man-made Leather production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Sqm)
This report profiles key players in the global Man-made Leather market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Kuraray, Toray, Teijin, Covestro (Bayer), Shian Microfiber, Zhejiang Haobo (Wangkang Group), Asahi Kasei, Duksung, Daewon Chemical, Filwel, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Man-made Leather market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Sqm) and average price (US$/Sq m) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Man-made Leather Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Man-made Leather Market, Segmentation by Type:
PVC Leather
Normal PU Leather
Microfiber PU Leather
Ecological function PU Leather
Global Man-made Leather Market, Segmentation by Application:
Apparel & Accessories
Furnishing
Automotive
Sports Goods
Others
Companies Profiled:
Kuraray
Toray
Teijin
Covestro (Bayer)
Shian Microfiber
Zhejiang Haobo (Wangkang Group)
Asahi Kasei
Duksung
Daewon Chemical
Filwel
Kolon
San Fang Chemical
Nanya
Wenzhou Imitation Leather
Anhui Anli
Fujian Tianshou
Vulcaflex
Yantai Wanhua
Shandong Tongda
Hexin Holdings
Xiefu New Materials
Huafon Microfibre
Double Elephant
Fujian Topsun
Benecke-Kaliko
Kyowa
Archilles
CGT
Ultrafabrics Holdings
Key Questions Answered:
1. How big is the global Man-made Leather market?
2. What is the demand of the global Man-made Leather market?
3. What is the year over year growth of the global Man-made Leather market?
4. What is the production and production value of the global Man-made Leather market?
5. Who are the key producers in the global Man-made Leather market?
6. What are the growth factors driving the market demand?
In 2024, global Man-made Leather production reached approximately 4,765 Million sqm, with an average global market price of around US$ 4.3 per sqm.
Man-made leather refers to synthetic materials designed to imitate the look and feel of natural leather. Typically made from synthetic resins such as polyvinyl chloride (PVC) or polyurethane (PU), it is produced through specialized manufacturing processes that offer advantages such as wear resistance, water resistance, easy maintenance, and lower cost. It is widely used in industries such as fashion, automotive, furniture, footwear, and bags, serving as an eco-friendly alternative to natural leather.
The global market for man-made leather has experienced steady growth in recent years, driven by increasing environmental awareness and a focus on animal rights. Compared to natural leather, man-made leather is not only more affordable but also customizable in terms of texture, color, and functionality, making it a valuable material across various industries. It is gradually replacing traditional leather in many sectors, particularly in the consumer goods industry. In the fashion industry, many brands are now opting for man-made leather to reduce their environmental impact. Moreover, with advancements in technology, the performance of man-made leather has significantly improved, closing the gap in appearance and texture with real leather, which increases its acceptance in high-end markets.
With continuous innovations in manufacturing techniques and technology, the global man-made leather market is growing rapidly. Countries in Asia, such as China and India, serve as major production hubs, while Europe and North America are key consumer markets. According to market research, the global man-made leather market is expected to continue expanding, with increasing demand in the furniture and automotive sectors. Furthermore, as consumers become more environmentally conscious, eco-friendly man-made leather materials, such as solvent-free PU and biodegradable options, are emerging as hot trends in the market.
Market Development Opportunities:
The man-made leather market presents numerous development opportunities. First, the growing demand for eco-friendly and sustainable materials creates a significant opportunity for man-made leather as an alternative to natural leather. With increasing consumer preference for environmentally friendly products, man-made leather has found a substantial market opportunity, especially in the fashion industry, where brands are increasingly focused on animal rights and environmental protection. Secondly, as production techniques continue to advance, the performance of man-made leather has improved significantly, making it suitable for a wider range of applications in automotive, furniture, and household sectors. Additionally, the introduction of innovative technologies has increased the diversity of man-made leather materials, such as solvent-free PU and biodegradable options, meeting the needs of various markets and consumers for functionality and sustainability.
Market Risks:
Despite the broad market prospects, the man-made leather industry faces some challenges. One of the primary risks is the fluctuation of raw material prices, especially in the context of oil price changes. The price of synthetic resins can rise, increasing the production costs of man-made leather. Another challenge is the lingering skepticism regarding the quality and durability of man-made leather, particularly in high-end products. Although technological advancements have been made, certain types of man-made leather still fall short in terms of feel and comfort when compared to natural leather. Moreover, as the market grows rapidly, competition within the industry intensifies. Companies must continuously innovate and optimize production processes to maintain their competitive edge.
Downstream Demand Trends:
Downstream demand trends are primarily focused on the following areas: First, the automotive industry is seeing steady growth in demand for man-made leather, particularly for premium car seats and interior applications. Second, the furniture industry, especially in office furniture and home decor, is increasingly adopting man-made leather. Third, demand from the fashion industry, especially in footwear, handbags, and clothing, continues to rise, as more consumers prefer eco-friendly man-made leather products. Lastly, eco-friendly man-made leather materials, such as solvent-free PU and biodegradable options, are becoming increasingly popular, meeting consumer demand for sustainability, environmental responsibility, and high quality.
This report studies the global Man-made Leather production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Man-made Leather and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Man-made Leather that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Man-made Leather total production and demand, 2021-2032, (K Sqm)
Global Man-made Leather total production value, 2021-2032, (USD Million)
Global Man-made Leather production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Sqm), (based on production site)
Global Man-made Leather consumption by region & country, CAGR, 2021-2032 & (K Sqm)
U.S. VS China: Man-made Leather domestic production, consumption, key domestic manufacturers and share
Global Man-made Leather production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Sqm)
Global Man-made Leather production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Sqm)
Global Man-made Leather production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Sqm)
This report profiles key players in the global Man-made Leather market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Kuraray, Toray, Teijin, Covestro (Bayer), Shian Microfiber, Zhejiang Haobo (Wangkang Group), Asahi Kasei, Duksung, Daewon Chemical, Filwel, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Man-made Leather market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Sqm) and average price (US$/Sq m) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Man-made Leather Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Man-made Leather Market, Segmentation by Type:
PVC Leather
Normal PU Leather
Microfiber PU Leather
Ecological function PU Leather
Global Man-made Leather Market, Segmentation by Application:
Apparel & Accessories
Furnishing
Automotive
Sports Goods
Others
Companies Profiled:
Kuraray
Toray
Teijin
Covestro (Bayer)
Shian Microfiber
Zhejiang Haobo (Wangkang Group)
Asahi Kasei
Duksung
Daewon Chemical
Filwel
Kolon
San Fang Chemical
Nanya
Wenzhou Imitation Leather
Anhui Anli
Fujian Tianshou
Vulcaflex
Yantai Wanhua
Shandong Tongda
Hexin Holdings
Xiefu New Materials
Huafon Microfibre
Double Elephant
Fujian Topsun
Benecke-Kaliko
Kyowa
Archilles
CGT
Ultrafabrics Holdings
Key Questions Answered:
1. How big is the global Man-made Leather market?
2. What is the demand of the global Man-made Leather market?
3. What is the year over year growth of the global Man-made Leather market?
4. What is the production and production value of the global Man-made Leather market?
5. Who are the key producers in the global Man-made Leather market?
6. What are the growth factors driving the market demand?
Table of Contents
194 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Manufacturers Competitive Analysis
- 4 United States VS China VS Rest of the World
- 5 Market Analysis by Type
- 6 Market Analysis by Application
- 7 Company Profiles
- 8 Industry Chain Analysis
- 9 Research Findings and Conclusion
- 10 Appendix
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