Synthetic Leather Market
Description
Synthetic Leather Market Size, Share, By Type (PU, PVC, and Bio-based), Application (Footwear, Automotive, Furnishing, Clothing, Wallets Bags & Purses), and Region - Trends, Analysis, and Forecast till 2035
The Synthetic Leather Market Report offers an in-depth exploration of emerging market trends, driving factors, challenges, and key segments that shape the industry. It includes a thorough examination of regulatory frameworks, company profiles, and the latest industry developments. The report delves into product development, positioning strategies, and the impact of new technologies on the market landscape. By identifying challenges and opportunities, the report provides a detailed roadmap for market growth.
Synthetic leather or faux leather or artificial leather is an artificial material made of polymers either primarily polyurethane, or PU, or polyvinyl chloride, PVC that resembles the look and feel of actual leather. Synthetic leather provides a durable, lightweight, cost-effective alternate for consumers and manufacturers to product cruelty-free products. Synthetic leather continues to be in high demand in many industries, including footwear, fashion, furniture, automotive, and electronics, for its wide range of textures, colour, durability, and ease of maintenance.
Report Highlights:
Synthetic leather market size is valuated at USD 78.1 Billion in 2025.
Target market size is estimated to be valuated at USD 130.1 Billion by 2035 and at a CAGR of 5.8%.
On the account of type, polyurethane (PU) has the biggest synthetic leather market share.
Footwear segment has the largest market synthetic leather market share, on the basis of Application type.
Asia Pacific region has largest Synthetic leather market share.
Europe region has the second leading synthetic leather market size.
Key Highlights:
The synthetic leather market is seeing strong growth. This is attributed to the increasing demand for a cruelty-free, cost-effective and durable alternative to real leather. The analysts of this synthetic leather market observed a clear trend towards sustainability developments, which includes bio-based and recycled materials, particularly in the fashion and automotive sectors. Ongoing technological developments in texture improvement and eco-processes are changing the way we view products. These market opportunities are supplemented with growing consumer acceptance and regulation surrounding vegan products.
Segmentation:
By Type:
TEIJIN LIMITED
TORAY INDUSTRIES, INC.
KURARAY CO., LTD
Asahi Kasei Corporation
NAN YA PLASTICS CORPORATION
Mayur Uniquoters Limited
H.R. Polycoats Private Limited.
FILWEL Co.
ALFATEX ITALIA S.R.L.
San Fang Chemical Industry Co., Ltd.
BZ LEATHER
Anhui Anli Material Technology Co., Ltd.
Zhejiang Hexin Holdings Co., Ltd.
Yantai Wanhua Huayi Polyurethane Products Co., Ltd.
Daewon Chemical Vina
What You’ll Gain from This Report:
Key Questions Answered in the Report.
1. What was the Synthetic Leather Market size in 2025?
2. What is projected growth rate of the Synthetic Leather Market during 2025-2035?
3. What are the key factors driving the Synthetic Leather Market growth?
4. What are leading players in the Synthetic Leather Market?
5. What are the key regions analyzed in the Synthetic Leather Market?
6. Which region is dominating in the Synthetic Leather Market?
The Synthetic Leather Market Report offers an in-depth exploration of emerging market trends, driving factors, challenges, and key segments that shape the industry. It includes a thorough examination of regulatory frameworks, company profiles, and the latest industry developments. The report delves into product development, positioning strategies, and the impact of new technologies on the market landscape. By identifying challenges and opportunities, the report provides a detailed roadmap for market growth.
Synthetic leather or faux leather or artificial leather is an artificial material made of polymers either primarily polyurethane, or PU, or polyvinyl chloride, PVC that resembles the look and feel of actual leather. Synthetic leather provides a durable, lightweight, cost-effective alternate for consumers and manufacturers to product cruelty-free products. Synthetic leather continues to be in high demand in many industries, including footwear, fashion, furniture, automotive, and electronics, for its wide range of textures, colour, durability, and ease of maintenance.
Report Highlights:
Synthetic leather market size is valuated at USD 78.1 Billion in 2025.
Target market size is estimated to be valuated at USD 130.1 Billion by 2035 and at a CAGR of 5.8%.
On the account of type, polyurethane (PU) has the biggest synthetic leather market share.
Footwear segment has the largest market synthetic leather market share, on the basis of Application type.
Asia Pacific region has largest Synthetic leather market share.
Europe region has the second leading synthetic leather market size.
Key Highlights:
- In June 2023, Wanhua Chemical Group Co., Ltd. and Henkel Group signed a strategic cooperation letter for the next five years. Their cooperation offered a more diversified solution for consumer goods, household, and automobile customers.
- In May 2023, San Fang Chemical Industry announced it would develop a new synthetic leather for footwear, which is expected to be more breathable and comfortable than traditional synthetic leather.
The synthetic leather market is seeing strong growth. This is attributed to the increasing demand for a cruelty-free, cost-effective and durable alternative to real leather. The analysts of this synthetic leather market observed a clear trend towards sustainability developments, which includes bio-based and recycled materials, particularly in the fashion and automotive sectors. Ongoing technological developments in texture improvement and eco-processes are changing the way we view products. These market opportunities are supplemented with growing consumer acceptance and regulation surrounding vegan products.
Segmentation:
By Type:
- PU
- PVC
- Bio-based
- Footwear
- Automotive
- Furnishing
- Clothing
- Wallets Bags & Purses
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- Indonesia
- Malaysia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
TEIJIN LIMITED
TORAY INDUSTRIES, INC.
KURARAY CO., LTD
Asahi Kasei Corporation
NAN YA PLASTICS CORPORATION
Mayur Uniquoters Limited
H.R. Polycoats Private Limited.
FILWEL Co.
ALFATEX ITALIA S.R.L.
San Fang Chemical Industry Co., Ltd.
BZ LEATHER
Anhui Anli Material Technology Co., Ltd.
Zhejiang Hexin Holdings Co., Ltd.
Yantai Wanhua Huayi Polyurethane Products Co., Ltd.
Daewon Chemical Vina
What You’ll Gain from This Report:
- Pinpoint Lucrative Opportunities: Access granular analysis of regional and country-level markets, identifying underserved segments and optimal areas for investment and expansion.
- Navigate Market Entry with Confidence: Leverage expert frameworks to sidestep common pitfalls, accelerate your market penetration, and build a sustainable competitive advantage from day one.
- Future-Proof Your Investments: Base your long-term plans on robust, data-validated forecasts through 2035, with clear strategic checkpoints for 2025, 2026, and 2030.
- Decode the Competitive Landscape: Gain an unobstructed view of your rivals' playbooks, from their core strategies to their latest moves, allowing you to anticipate shifts and seize the initiative.
- Optimize for Profitability and Growth: Implement proven, segment-specific strategies designed to enhance operational efficiency, capture market share, and drive your bottom line.
- Harness Supply Chain Innovation: Discover how cutting-edge technologies are redefining logistics and procurement, creating new opportunities for cost reduction and value creation.
Key Questions Answered in the Report.
1. What was the Synthetic Leather Market size in 2025?
2. What is projected growth rate of the Synthetic Leather Market during 2025-2035?
3. What are the key factors driving the Synthetic Leather Market growth?
4. What are leading players in the Synthetic Leather Market?
5. What are the key regions analyzed in the Synthetic Leather Market?
6. Which region is dominating in the Synthetic Leather Market?
Table of Contents
168 Pages
- Synthetic Leather Table of Contents
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Preview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Type
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- Product Launch
- Merger and Acquisitions
- Impact Analysis
- PEST Analysis
- Raw Material Price Sensitivity
- Shift Towards Bio-Based Alternatives
- Compliance Pressure
- Automotive Sector Influence
- Innovation in Performance Features
- Market Segmentation, By Type, Forecast Period up to 10 Years, (USD Bn)
- Overview
- Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- PU
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- PVC
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Bio-based
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Market Segmentation, By Application, Forecast Period up to 10 Years, (USD Bn)
- Overview
- Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Footwear
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Automotive
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Furnishing
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Clothing
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Wallets Bags & Purses
- Overview
- Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Market Segmentation, By Region, Forecast Period up to 10 Years, (USD Bn)
- Overview
- Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Regional Trends
- North America
- Market Size and Forecast (USD Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
- U.S.
- Canada
- Asia Pacific
- Market Size and Forecast (USD Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
- China
- India
- Japan
- Australia
- Indonesia
- Malaysia
- South Korea
- Rest of Asia Pacific
- Europe
- Market Size and Forecast (USD Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
- Germany
- U.K.
- France
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
- Latin America
- Market Size and Forecast (USD Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East and Africa
- Market Size and Forecast (USD Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
Pricing
Currency Rates
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