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Synthetic Leather Market Size, Share & Trends Analysis Report By Product (Bio-based, PVC, PU), By Application (Clothing, Furnishing, Automotive, Bags & Wallets, Footwear), By Region, And Segment Forecasts, 2019 - 2025

Synthetic Leather Market Size, Share & Trends Analysis Report By Product (Bio-based, PVC, PU), By Application (Clothing, Furnishing, Automotive, Bags & Wallets, Footwear), By Region, And Segment Forecasts, 2019 - 2025

The global synthetic leather market size is expected to reach USD 45.41 billion by 2025, according to a new study by Grand View Research, Inc. The market is projected to expand at a strong CAGR of 7.4% during the forecast years. Increasing product application scope in footwear has been a major factor driving the market growth. In addition, growing importance and awareness about animal rights set by several organizations and stringent laws regarding the usage of real leather are propelling the demand for synthetic leather.

Synthetic leather materials offer superior properties, such as high gloss finish, durability, strength, and UV resistance and easy maintenance. Moreover, products made from faux leather are cheaper and thus, continue to attract consumers, especially from middle and high income level groups. However, in countries, such as Japan, the product is facing competition from Fumikodata, which is a replica of real leather and is a cruelty-free material. Polyurethane (PU) was the largest product category in 2017 and is expected to register the fastest CAGR over the forecast period.

PVC is anticipated to witness sluggish growth on account of its properties, such as sticky finish and lesser durability. Footwear application segment is expected to observe a cosiderable growth over the upcoming years. Cheaper costs, fluctuating climatic conditions in several regions creates needs for different types of footwear. Rising disposable income levels in emerging regions are also fueling the demand for synthetic leather in footwear segment. Moreover, trend of incorporating athletic shoes in daily lifestyle is further augmenting the product demand.

Further key findings from the study suggest:

  • The global synthetic leather market is expected to witness significant growth over the forecast period owing to rising product demand in footwear and automotive applications
  • PU leather emerged as the largest product segment in 2017 and is estimated to generate revenue over USD 28.03 billion by 2025
  • Asia Pacific is projected to witness the fastest growth over the estimated period owing to rapid economic growth across countries, such as India, China, Japan and Korea
  • Rapid development of construction and automotive manufacturing industries in APAC is also fueling the product demand in the regional market
  • Countries, such as South Korea, Taiwan, China, and India, are emerging as leading producers in the global market as a result of available of relatively cheaper raw materials
  • Key companies in the global market include Nan Ya Plastics Corporation, Mayur Uniquoters Limited, Alfatex Italia SRL, and Kuraray Co. Ltd.
Please note The report will be updated with the latest data and delivered to you within 3-4 business days.


Chapter 1 Research Methodology
1.1 Research Methodology
1.2 Research Scope & Assumptions
1.3 List of Data Sources
Chapter 2 Executive Summary
2.1 Market Snapshot
Chapter 3 Market Variables, Trends & Scope
3.1 Market segmentation & scope
3.2 Value Chain Analysis
3.3 Raw Material Trend
3.3.1 PVC resin
3.3.2 Plasticizers
3.3.3 Polyester yarn
3.4 Regulatory Framework
3.5 Technology Overview
3.6 Synthetic leather market dynamics
3.6.1 Market Driver Analysis
3.6.1.1 Growing demand from footwear sector
3.6.1.2 Key alternative to natural leather
3.6.2 Market restraint analysis
3.6.2.1 Damaging effects of PVC and PU
3.7 Penetration & growth prospect mapping
3.8 Synthetic Leather Market Porter’s Analysis
3.9 Synthetic Leather Market - PESTEL Analysis
Chapter 4 Synthetic Leather Market: Product Estimates & Trend Analysis
4.1 Product Movement Analysis & Market Share, 2015 & 2025
4.1.1 PU Synthetic Leather
4.1.1.1 Market estimates and forecasts, 2014 - 2025 (Million Meters) (USD Million)
4.1.1.2 Market estimates and forecasts, by region, 2014 - 2025 (Million Meters) (USD Million)
4.1.2 PVC Synthetic Leather
4.1.2.1 Market estimates and forecasts, 2014 - 2025 (Million Meters) (USD Million)
4.1.2.2 Market estimates and forecasts, by region, 2014 - 2025 (Million Meters) (USD Million)
4.1.3 Bio Based Leather
4.1.3.1 Market estimates and forecasts, 2014 - 2025 (Million Meters) (USD Million)
4.1.3.2 Market estimates and forecasts, by region, 2014 - 2025 (Million Meters) (USD Million)
Chapter 5 Synthetic Leather Market: Application Estimates & Trend Analysis
5.1 Application Movement Analysis & Market Share, 2015 & 2025
5.1.1 Furnishing
5.1.1.1 Market estimates and forecast, 2014 - 2025 (Million Meters) (USD Million)
5.1.1.2 Market estimates and forecast, by region, 2014 - 2025 (Million Meters) (USD Million)
5.1.2 Automotive
5.1.2.1 Market estimates and forecast, 2014 - 2025 (Million Meters) (USD Million)
5.1.2.2 Market estimates and forecast, by region, 2014 - 2025 (Million Meters) (USD Million)
5.1.3 Footwear
5.1.3.1 Market estimates and forecast, 2014 - 2025 (Million Meters) (USD Million)
5.1.3.2 Market estimates and forecast, by region, 2014 - 2025 (Million Meters) (USD Million)
5.1.4 Bags & wallets
5.1.4.1 Market estimates and forecast, 2014 - 2025 (Million Meters) (USD Million)
5.1.4.2 Market estimates and forecast, by region, 2014 - 2025 (Million Meters) (USD Million)
5.1.5 Clothing
5.1.5.1 Market estimates and forecast, 2014 - 2025 (Million Meters) (USD Million)
5.1.5.2 Market estimates and forecast, by region, 2014 - 2025 (Million Meters) (USD Million)
5.1.6 Others
5.1.6.1 Market estimates and forecast, 2014 - 2025 (Million Meters) (USD Million)
5.1.6.2 Market estimates and forecast, by region, 2014 - 2025 (Million Meters) (USD Million)
Chapter 6 Synthetic Leather Market: Regional Estimates & Trend Analysis, by Product & Application
6.1 Regional Movement Analysis & Market Share, 2015 & 2025
6.2 North America
6.2.1 Market estimates and forecast, 2014 - 2025 (Million Meters) (USD Million)
6.2.2 Market estimates and forecast, by product, 2014 - 2025 (Million Meters) (USD Million)
6.2.3 Market estimates and forecast, by application, 2014 - 2025 (Million Meters) (USD Million)
6.2.4 U.S.
6.2.4.1 Market estimates and forecast, 2014 - 2025 (Million Meters) (USD Million)
6.2.4.2 Market estimates and forecast, by product, 2014 - 2025 (Million Meters) (USD Million)
6.2.4.3 Market estimates and forecast, by application, 2014 - 2025 (Million Meters) (USD Million)
6.2.5 Canada
6.2.5.1 Market estimates and forecast, 2014 - 2025 (Million Meters) (USD Million)
6.2.5.2 Market estimates and forecast, by product, 2014 - 2025 (Million Meters) (USD Million)
6.2.5.3 Market estimates and forecast, by application, 2014 - 2025 (Million Meters) (USD Million)
6.3 Europe
6.3.1 Market estimates and forecast, 2014 - 2025 (Million Meters) (USD Million)
6.3.2 Market estimates and forecast, by product, 2014 - 2025 (Million Meters) (USD Million)
6.3.3 Market estimates and forecast, by application, 2014 - 2025 (Million Meters) (USD Million)
6.3.4 Germany
6.3.4.1 Market estimates and forecast, 2014 - 2025 (Million Meters) (USD Million)
6.3.4.2 Market estimates and forecast, by product, 2014 - 2025 (Million Meters) (USD Million)
6.3.4.3 Market estimates and forecast, by application, 2014 - 2025 (Million Meters) (USD Million)
6.3.5 Italy
6.3.5.1 Market estimates and forecast, 2014 - 2025 (Million Meters) (USD Million)
6.3.5.2 Market estimates and forecast, by product, 2014 - 2025 (Million Meters) (USD Million)
6.3.5.3 Market estimates and forecast, by application, 2014 - 2025 (Million Meters) (USD Million)
6.3.6 France
6.3.6.1 Market estimates and forecast, 2014 - 2025 (Million Meters) (USD Million)
6.3.6.2 Market estimates and forecast, by product, 2014 - 2025 (Million Meters) (USD Million)
6.3.6.3 Market estimates and forecast, by application, 2014 - 2025 (Million Meters) (USD Million)
6.3.7 U.K.
6.3.7.1 Market estimates and forecast, 2014 - 2025 (Million Meters) (USD Million)
6.3.7.2 Market estimates and forecast, by product, 2014 - 2025 (Million Meters) (USD Million)
6.3.7.3 Market estimates and forecast, by application, 2014 - 2025 (Million Meters) (USD Million)
6.4 Asia Pacific
6.4.1 Market estimates and forecast, 2014 - 2025 (Million Meters) (USD Million)
6.4.2 Market estimates and forecast, by product, 2014 - 2025 (Million Meters) (USD Million)
6.4.3 Market estimates and forecast, by application, 2014 - 2025 (Million Meters) (USD Million)
6.4.4 China
6.4.4.1 Market estimates and forecast, 2014 - 2025 (Million Meters) (USD Million)
6.4.4.2 Market estimates and forecast, by product, 2014 - 2025 (Million Meters) (USD Million)
6.4.4.3 Market estimates and forecast, by application, 2014 - 2025 (Million Meters) (USD Million)
6.4.5 Japan
6.4.5.1 Market estimates and forecast, 2014 - 2025 (Million Meters) (USD Million)
6.4.5.2 Market estimates and forecast, by product, 2014 - 2025 (Million Meters) (USD Million)
6.4.5.3 Market estimates and forecast, by application, 2014 - 2025 (Million Meters) (USD Million)
6.4.6 India
6.4.6.1 Market estimates and forecast, 2014 - 2025 (Million Meters) (USD Million)
6.4.6.2 Market estimates and forecast, by product, 2014 - 2025 (Million Meters) (USD Million)
6.4.6.3 Market estimates and forecast, by application, 2014 - 2025 (Million Meters) (USD Million)
6.4.7 South Korea
6.4.7.1 Market estimates and forecast, 2014 - 2025 (Million Meters) (USD Million)
6.4.7.2 Market estimates and forecast, by product, 2014 - 2025 (Million Meters) (USD Million)
6.4.7.3 Market estimates and forecast, by application, 2014 - 2025 (Million Meters) (USD Million)
6.5 Central & South America
6.5.1 Market estimates and forecast, 2014 - 2025 (Million Meters) (USD Million)
6.5.2 Market estimates and forecast, by product, 2014 - 2025 (Million Meters) (USD Million)
6.5.3 Market estimates and forecast, by application, 2014 - 2025 (Million Meters) (USD Million)
6.6 Middle East & Africa
6.6.1 Market estimates and forecast, 2014 - 2025 (Million Meters) (USD Million)
6.6.2 Market estimates and forecast, by product, 2014 - 2025 (Million Meters) (USD Million)
6.6.3 Market estimates and forecast, by application, 2014 - 2025 (Million Meters) (USD Million)
Chapter 7 Competitive Landscape
7.1 Vendor Landscape
7.2 Competitive Environment
7.3 Company Market Positioning
7.4 Strategy Framework
Chapter 8 Company Profiles
8.1 Kuraray Co. Ltd.
8.1.1 Company Overview
8.1.2 Financial Performance
8.1.3 Product Benchmarking
8.1.4 Strategic Initiatives
8.2 H.R. Polycoats Pvt. Ltd
8.2.1 Company Overview
8.2.2 Financial Performance
8.2.3 Product Benchmarking
8.3 Alfatex Italia SRL
8.3.1 Company Overview
8.3.2 Financial Performance
8.3.3 Product Benchmarking
8.4 Filwel Co. Ltd
8.4.1 Company Overview
8.4.2 Financial Performance
8.4.3 Product Benchmarking
8.5 Yantai Wanhua Synthetic Leather Group Co. Ltd.
8.5.1 Company Overview
8.5.2 Financial Performance
8.5.3 Product Benchmarking
8.6 San Fang Chemical Industry Co. Ltd
8.6.1 Company Overview
8.6.2 Financial Performance
8.6.3 Product Benchmarking
8.7 Mayur Uniquoters Limited
8.7.1 Company Overview
8.7.2 Financial Performance
8.7.3 Product Benchmarking
8.7.4 Strategic Initiatives
8.8 Nan Ya Plastics Corporation
8.8.1 Company Overview
8.8.2 Financial Performance
8.8.3 Product Benchmarking
8.8.4 Strategic Initiatives
8.9 Zhejiang Hexin Industry Group Co. Ltd
8.9.1 Company Overview
8.9.2 Financial Performance
8.9.3 Product Benchmarking
8.9.4 Strategic Initiatives
8.10 Teijin Limited
8.10.1 Company Overview
8.10.2 Financial Performance
8.10.3 Product Benchmarking
8.10.4 Strategic Initiatives
List of Tables
TABLE 1 PU synthetic leather market estimates and forecasts, 2014 - 2025 (Million Meters) (USD Million)
TABLE 2 PU synthetic leather market volume estimates and forecasts, by region, 2014 - 2025 (Million Meters)
TABLE 3 PU synthetic leather market volume estimates and forecasts, by region, 2014 - 2025 (USD Million)
TABLE 4 PVC Synthetic leather market estimates and forecasts, 2014 - 2025 (Million Meters) (USD Million)
TABLE 5 PVC Synthetic leather isolate market volume estimates and forecasts, by region, 2014 - 2025 (Million Meters)
TABLE 6 PVC Synthetic leather market revenue estimates and forecasts, by region, 2014 - 2025 (USD Million)
TABLE 7 Bio Based leather market estimates and forecasts, 2014 - 2025 (Million Meters) (USD Million)
TABLE 8 Bio based leather market volume estimates and forecast, by region, 2014 - 2025 (Million Meters)
TABLE 9 Bio based leather market revenue estimates and forecasts, by region, 2014 - 2025 (USD Million)
TABLE 10 Synthetic leather market estimates and forecasts in furnishing, 2014 - 2025 (Million Meters) (USD Million)
TABLE 11 Market volume estimates and forecasts in furnishing, by region, 2014 - 2025 (Million Meters)
TABLE 12 Market revenue estimates and forecasts in furnishing, by region, 2014 - 2025 (USD Million)
TABLE 13 Synthetic leather market estimates and forecasts in automotive, 2014 - 2025 (Million Meters) (USD Million)
TABLE 14 Market volume estimates and forecasts in automotive, by region, 2014 - 2025 (Million Meters)
TABLE 15 Market revenue estimates and forecasts in automotive, by region, 2014 - 2025 (USD Million)
TABLE 16 Synthetic leather market estimates and forecasts in footwear, 2014 - 2025 (Million Meters) (USD Million)
TABLE 17 Market volume estimates and forecasts in footwear, by region, 2014 - 2025 (Million Meters)
TABLE 18 Market revenue estimates and forecasts in footwear, by region, 2014 - 2025 (USD Million)
TABLE 19 Synthetic leather market estimates and forecasts in bags & wallets, 2014 - 2025 (Million Meters) (USD Million)
TABLE 20 Market volume estimates and forecasts in bags & wallets, by region, 2014 - 2025 (Million Meters)
TABLE 21 Market revenue estimates and forecasts in bags & wallets, by region, 2014 - 2025 (USD Million)
TABLE 22 Synthetic leather market estimates and forecasts in clothing, 2014 - 2025 (Million Meters) (USD Million)
TABLE 23 Market volume estimates and forecasts in clothing, by region, 2014 - 2025 (Million Meters)
TABLE 24 Market revenue estimates and forecasts in clothing, by region, 2014 - 2025 (USD Million)
TABLE 25 Synthetic leather market estimates and forecasts in others, 2014 - 2025 (Million Meters) (USD Million)
TABLE 26 Market volume estimates and forecasts in others, by region, 2014 - 2025 (Million Meters)
TABLE 27 Market revenue estimates and forecasts in others, by region, 2014 - 2025 (USD Million)
TABLE 28 North America synthetic leather market estimates and forecast, 2014 - 2025 (Million Meters) (USD Million)
TABLE 29 North America synthetic leather market volume, by product, 2014 - 2025 (Million Meters)
TABLE 30 North America synthetic leather market revenue, by product, 2014 - 2025 (USD Million)
TABLE 31 North America synthetic leather market volume, by application, 2014 - 2025 (Million Meters)
TABLE 32 North America Synthetic leather market revenue, by application, 2014 - 2025 (USD Million)
TABLE 33 U.S. synthetic leather market estimates and forecast, 2014 - 2025 (Million Meters) (USD Million)
TABLE 34 U.S. synthetic leather market volume, by product, 2014 - 2025 (Million Meters)
TABLE 35 U.S. synthetic leather market revenue, by product, 2014 - 2025 (USD Million)
TABLE 36 U.S. synthetic leather market volume, by application, 2014 - 2025 (Million Meters)
TABLE 37 U.S. synthetic leather market revenue, by application, 2014 - 2025 (USD Million)
TABLE 38 Canada synthetic leather market estimates and forecast, 2014 - 2025 (Million Meters) (USD Million)
TABLE 39 Canada synthetic leather market volume, by product, 2014 - 2025 (Million Meters)
TABLE 40 Canada synthetic leather market revenue, by product, 2014 - 2025 (USD Million)
TABLE 41 Canada synthetic leather market volume, by application, 2014 - 2025 (Million Meters)
TABLE 42 Canada synthetic leather market revenue, by application, 2014 - 2025 (USD Million)
TABLE 43 Europe synthetic leather market estimates and forecast, 2014 - 2025 (Million Meters) (USD Million)
TABLE 44 Europe synthetic leather market volume, by product, 2014 - 2025 (Million Meters)
TABLE 45 Europe synthetic leather market revenue, by product, 2014 - 2025 (USD Million)
TABLE 46 Europe synthetic leather market volume, by application, 2014 - 2025 (Million Meters)
TABLE 47 Europe synthetic leather market revenue, by application, 2014 - 2025 (USD Million)
TABLE 48 Germany synthetic leather market estimates and forecast, 2014 - 2025 (Million Meters) (USD Million)
TABLE 49 Germany synthetic leather market volume, by product, 2014 - 2025 (Million Meters)
TABLE 50 Germany synthetic leather market revenue, by product, 2014 - 2025 (USD Million)
TABLE 51 Germany synthetic leather market volume, by application, 2014 - 2025 (Million Meters)
TABLE 52 Germany synthetic leather market revenue, by application, 2014 - 2025 (USD Million)
TABLE 53 Italy synthetic leather market estimates and forecast, 2014 - 2025 (Million Meters) (USD Million)
TABLE 54 Italy synthetic leather market volume, by product, 2014 - 2025 (Million Meters)
TABLE 55 Italy synthetic leather market revenue, by product, 2014 - 2025 (USD Million)
TABLE 56 Italy synthetic leather market volume, by application, 2014 - 2025 (Million Meters)
TABLE 57 Italy synthetic leather market revenue, by application, 2014 - 2025 (USD Million)
TABLE 58 France synthetic leather market estimates and forecast, 2014 - 2025 (Million Meters) (USD Million)
TABLE 59 France synthetic leather market volume, by product, 2014 - 2025 (Million Meters)
TABLE 60 France synthetic leather market revenue, by product, 2014 - 2025 (USD Million)
TABLE 61 France synthetic leather market volume, by application, 2014 - 2025 (Million Meters)
TABLE 62 France synthetic leather market revenue, by application, 2014 - 2025 (USD Million)
TABLE 63 U.K. synthetic leather market estimates and forecast, 2014 - 2025 (Million Meters) (USD Million)
TABLE 64 U.K. synthetic leather market volume, by product, 2014 - 2025 (Million Meters)
TABLE 65 U.K. synthetic leather market revenue, by product, 2014 - 2025 (USD Million)
TABLE 66 U.K. synthetic leather market volume, by application, 2014 - 2025 (Million Meters)
TABLE 67 U.K. synthetic leather market revenue, by application, 2014 - 2025 (USD Million)
TABLE 68 Asia Pacific synthetic leather market estimates and forecast, 2014 - 2025 (Million Meters) (USD Million)
TABLE 69 Asia Pacific synthetic leather market volume, by product, 2014 - 2025 (Million Meters)
TABLE 70 Asia Pacific synthetic leather market revenue, by product, 2014 - 2025 (USD Million)
TABLE 71 Asia Pacific synthetic leather market volume, by application, 2014 - 2025 (Million Meters)
TABLE 72 Asia Pacific synthetic leather market revenue, by application, 2014 - 2025 (USD Million)
TABLE 73 China synthetic leather market estimates and forecast, 2014 - 2025 (Million Meters) (USD Million)
TABLE 74 China synthetic leather market volume, by product, 2014 - 2025 (Million Meters)
TABLE 75 China synthetic leather market revenue, by product, 2014 - 2025 (USD Million)
TABLE 76 China synthetic leather market volume, by application, 2014 - 2025 (Million Meters)
TABLE 77 China synthetic leather market revenue, by application, 2014 - 2025 (USD Million)
TABLE 78 Japan synthetic leather market estimates and forecast, 2014 - 2025 (Million Meters) (USD Million)
TABLE 79 Japan synthetic leather market volume, by product, 2014 - 2025 (Million Meters)
TABLE 80 Japan synthetic leather market revenue, by product, 2014 - 2025 (USD Million)
TABLE 81 Japan synthetic leather market volume, by application, 2014 - 2025 (Million Meters)
TABLE 82 Japan synthetic leather market revenue, by application, 2014 - 2025 (USD Million)
TABLE 83 India synthetic leather market estimates and forecast, 2014 - 2025 (Million Meters) (USD Million)
TABLE 84 India synthetic leather market volume, by product, 2014 - 2025 (Million Meters)
TABLE 85 India synthetic leather market revenue, by product, 2014 - 2025 (USD Million)
TABLE 86 India synthetic leather market volume, by application, 2014 - 2025 (Million Meters)
TABLE 87 India synthetic leather market revenue, by application, 2014 - 2025 (USD Million)
TABLE 88 South Korea synthetic leather market estimates and forecast, 2014 - 2025 (Million Meters) (USD Million)
TABLE 89 South Korea synthetic leather market volume, by product, 2014 - 2025 (Million Meters)
TABLE 90 South Korea synthetic leather market revenue, by product, 2014 - 2025 (USD Million)
TABLE 91 South Korea synthetic leather market volume, by application, 2014 - 2025 (Million Meters)
TABLE 92 South Korea synthetic leather market revenue, by application, 2014 - 2025 (USD Million)
TABLE 93 Central & South America synthetic leather market estimates and forecast, 2014 - 2025 (Million Meters) (USD Million)
TABLE 94 Central & South America synthetic leather market volume, by product, 2014 - 2025 (Million Meters)
TABLE 95 Central & South America synthetic leather market revenue, by product, 2014 - 2025 (USD Million)
TABLE 96 Central & South America synthetic leather market volume, by application, 2014 - 2025 (Million Meters)
TABLE 97 Central & South America synthetic leather market revenue, by application, 2014 - 2025 (USD Million)
TABLE 98 MEA synthetic leather market estimates and forecast, 2014 - 2025 (Million Meters) (USD Million)
TABLE 99 MEA synthetic leather market volume, by product, 2014 - 2025 (Million Meters)
TABLE 100 MEA synthetic leather market revenue, by product, 2014 - 2025 (USD Million)
TABLE 101 MEA synthetic leather market volume, by application, 2014 - 2025 (Million Meters)
TABLE 102 MEA synthetic leather market revenue, by application, 2014 - 2025 (USD Million)
TABLE 103 Global Synthetic leather market vendor landscape
List of Figures
FIG. 1 Market summary - 2015 (USD Million)
FIG. 2 Market trends & outlook
FIG. 3 Market segmentation & scope
FIG. 4 Synthetic Leather Market Value Chain Analysis
FIG. 5 Synthetic leather Market Dynamics
FIG. 6 Global footwear sales in, 2013 - 2018 (USD Million)
FIG. 7 Global footwear retail market, 2008 - 2013 (USD Million)
FIG. 8 Penetration & growth prospect mapping
FIG. 9 Synthetic leather Market Porter’s Analysis
FIG. 10 Synthetic Leather Market - PESTEL Analysis
FIG. 11 Synthetic leather market: Product Movement Analysis
FIG. 12 Synthetic leather market: Application Movement Analysis
FIG. 13 Regional market place: Key takeaways
FIG. 14 Regional outlook, 2015 & 2025

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