
North America Synthetic Leather Market 2023-2030
Description
North America Synthetic Leather Market 2023-2030
MARKET OUTLOOK
Triton Market Research’s report denotes that the synthetic leather market in North America is estimated to garner a compound annual growth rate of 7.83% in revenue and 7.64% in volume over the forecasting years from 2023 to 2030. Canada and the United States are studied in the given region.
In the US, the majority of the leather manufactured is made from the skins of pigs, sheep, goats, calves, etc. Other animals, such as alligators, ostriches, and snakes, are hunted to produce highly-priced leather. Synthetic leather is much more cost-effective with a high-end appearance. In recent years, there has been a high awareness and regulations imposed against animal cruelty, which has fueled the adoption of artificial leather. Therefore, these factors are anticipated to support the expansion of the synthetic leather market.
Further, there is a high demand for footwear with new designs, especially sneakers made of synthetic leather in Canada. This has increased the availability of various footwear and bags. In this regard, various brands are striving to launch new products to meet the rising demand for vegan and eco-friendly products. Besides this, the stringent regulations against animal cruelty have soared the production of synthetic leather to meet growing demand. Hence, the above-stated factors offer lucrative opportunities to the studied market.
COMPETITIVE OUTLOOK
The major firms in the synthetic leather market include BASF SE, Achilles USA Inc, Toray Industries Inc, and Nan Ya Plastics Corporation Inc.
MARKET OUTLOOK
Triton Market Research’s report denotes that the synthetic leather market in North America is estimated to garner a compound annual growth rate of 7.83% in revenue and 7.64% in volume over the forecasting years from 2023 to 2030. Canada and the United States are studied in the given region.
In the US, the majority of the leather manufactured is made from the skins of pigs, sheep, goats, calves, etc. Other animals, such as alligators, ostriches, and snakes, are hunted to produce highly-priced leather. Synthetic leather is much more cost-effective with a high-end appearance. In recent years, there has been a high awareness and regulations imposed against animal cruelty, which has fueled the adoption of artificial leather. Therefore, these factors are anticipated to support the expansion of the synthetic leather market.
Further, there is a high demand for footwear with new designs, especially sneakers made of synthetic leather in Canada. This has increased the availability of various footwear and bags. In this regard, various brands are striving to launch new products to meet the rising demand for vegan and eco-friendly products. Besides this, the stringent regulations against animal cruelty have soared the production of synthetic leather to meet growing demand. Hence, the above-stated factors offer lucrative opportunities to the studied market.
COMPETITIVE OUTLOOK
The major firms in the synthetic leather market include BASF SE, Achilles USA Inc, Toray Industries Inc, and Nan Ya Plastics Corporation Inc.
Table of Contents
104 Pages
- 1. North America Synthetic Leather Market - Summary
- 2. Industry Outlook
- 2.1. Parent Market Overview
- 2.2. Manufacturing Process Overview
- 2.3. Impact Analysis On The Synthetic Leather Market
- 2.3.1. Covid-19 Impact On The Synthetic Leather Market
- 2.4. Key Insights
- 2.4.1. Rising Demand From Various End-use Industries
- 2.4.2. Novel Uses For Synthetic Leather
- 2.5. Porter’s Five Forces Analysis
- 2.5.1. Threat Of New Entrants
- 2.5.2. Threat Of Substitutes
- 2.5.3. Bargaining Power Of Buyers
- 2.5.4. Bargaining Power Of Suppliers
- 2.5.5. Threat Of Competitive Rivalry
- 2.6. Market Maturity Analysis
- 2.7. Industry Components
- 2.7.1. Raw Material Suppliers
- 2.7.2. Manufacturers
- 2.7.3. Distributors
- 2.7.4. End-users
- 2.8. Key Buying Impact Analysis
- 2.8.1. Cost
- 2.8.2. Durability
- 2.8.3. Raw Material
- 2.9. Regulatory Framework
- 2.10. Key Market Strategies
- 2.10.1. Product Launches
- 2.10.2. Collaborations
- 2.10.3. Business Expansions & Divestitures
- 2.10.4. Acquisitions
- 2.11. Market Drivers
- 2.11.1. Affordable Alternative To Real Leather
- 2.11.2. Shift Toward Animal-free And Sustainable Products
- 2.12. Market Challenges
- 2.12.1. Different Characteristics Of Synthetic Leather Compared To Real Leather
- 2.12.2. Processing Concerns Regarding Polyurethane (Pu) And Polyvinyl Chloride (Pvc)
- 2.13. Market Opportunity
- 2.13.1. Popular Demand For Bio-based Synthetic Leather
- 2.14. Analyst Perspective
- 3. North America Synthetic Leather Market Outlook - By Type
- 3.1. Polyurethane (Pu)
- 3.2. Polyvinyl Chloride (Pvc)
- 3.3. Bio-based
- 4. North America Synthetic Leather Market Outlook - By End-use
- 4.1. Footwear
- 4.2. Automotive
- 4.3. Furnishing
- 4.4. Clothing
- 4.5. Bags & Wallets
- 4.6. Other End-uses
- 5. North America Synthetic Leather Market – Country Outlook
- 5.1. Country Analysis
- 5.1.1. United States
- 5.1.1.1. United States Synthetic Leather Market Forecast & Prospects
- 5.1.2. Canada
- 5.1.2.1. Canada Synthetic Leather Market Forecast & Prospects
- 6. Competitive Landscape
- 6.1. Basf Se
- 6.1.1. Overview
- 6.1.2. Financial Overview
- 6.1.3. Product Portfolio
- 6.1.4. Key Strengths
- 6.1.5. Key Challenges
- 6.2. Hr Polycoats Pvt Ltd
- 6.2.1. Overview
- 6.2.2. Financial Overview
- 6.2.3. Product Portfolio
- 6.2.4. Key Strengths
- 6.2.5. Key Challenges
- 6.3. Nan Ya Plastics Corporation Inc
- 6.3.1. Overview
- 6.3.2. Financial Overview
- 6.3.3. Product Portfolio
- 6.3.4. Key Strengths
- 6.3.5. Key Challenges
- 6.4. Achilles Usa Inc
- 6.4.1. Overview
- 6.4.2. Financial Overview
- 6.4.3. Product Portfolio
- 6.4.4. Key Strengths
- 6.4.5. Key Challenges
- 6.5. Toray Industries Inc
- 6.5.1. Overview
- 6.5.2. Financial Overview
- 6.5.3. Product Portfolio
- 6.5.4. Key Strengths
- 6.5.5. Key Challenges
- 6.6. Alfatex Italia Srl
- 6.6.1. Overview
- 6.6.2. Financial Overview
- 6.6.3. Product Portfolio
- 6.6.4. Key Strengths
- 6.6.5. Key Challenges
- 6.7. Teijin Limited
- 6.7.1. Overview
- 6.7.2. Financial Overview
- 6.7.3. Product Portfolio
- 6.7.4. Key Strengths
- 6.7.5. Key Challenges
- 6.8. Mayur Uniquoters Limited
- 6.8.1. Overview
- 6.8.2. Financial Overview
- 6.8.3. Product Portfolio
- 6.8.4. Key Strengths
- 6.8.5. Key Challenges
- 6.9. San Fang Chemical Industry Co Ltd
- 6.9.1. Overview
- 6.9.2. Financial Overview
- 6.9.3. Product Portfolio
- 6.9.4. Key Strengths
- 6.9.5. Key Challenges
- 6.10. Kuraray Co Ltd
- 6.10.1. Overview
- 6.10.2. Financial Overview
- 6.10.3. Product Portfolio
- 6.10.4. Key Strengths
- 6.10.5. Key Challenges
- 7. Research Methodology & Scope
- 7.1. Research Scope & Deliverables
- 7.2. Sources Of Data
- 7.3. Research Methodology
- List Of Tables
- Table 1: North America Synthetic Leather Market, By Country Outlook, 2023-2030 (In $ Million)
- Table 2: North America Synthetic Leather Market, By Country Outlook, 2023-2030 (In Million Meters)
- Table 3: Country-wise Regulatory Framework For Synthetic Leather
- Table 4: List Of Product Launches
- Table 5: List Of Collaborations
- Table 6: List Of Business Expansions & Divestitures
- Table 7: List Of Acquisitions
- Table 8: North America Synthetic Leather Market, By Type, 2023-2030 (In $ Million)
- Table 9: North America Synthetic Leather Market, By Type, 2023-2030 (In Million Meters)
- Table 10: North America Synthetic Leather Market, By End-use, 2023-2030 (In $ Million)
- Table 11: North America Synthetic Leather Market, By End-use, 2023-2030 (In Million Meters)
- Table 12: North America Synthetic Leather Market, By Country Outlook, 2023-2030 (In $ Million)
- Table 13: North America Synthetic Leather Market, By Country Outlook, 2023-2030 (In Million Meters)
- List Of Figures
- Figure 1: Manufacturing Process Overview
- Figure 2: Market Maturity Analysis
- Figure 3: Industry Components
- Figure 4: Key Buying Impact Analysis
- Figure 5: North America Synthetic Leather Market, By Type, 2022 & 2030 (In %)
- Figure 6: North America Synthetic Leather Market, By Polyurethane (Pu), 2023-2030 (In $ Million)
- Figure 7: North America Synthetic Leather Market, By Polyvinyl Chloride (Pvc), 2023-2030 (In $ Million)
- Figure 8: North America Synthetic Leather Market, By Bio-based, 2023-2030 (In $ Million)
- Figure 9: North America Synthetic Leather Market, By End-use, 2022 & 2030 (In %)
- Figure 10: North America Synthetic Leather Market, By Footwear, 2023-2030 (In $ Million)
- Figure 11: North America Synthetic Leather Market, By Automotive, 2023-2030 (In $ Million)
- Figure 12: North America Synthetic Leather Market, By Furnishing, 2023-2030 (In $ Million)
- Figure 13: North America Synthetic Leather Market, By Clothing, 2023-2030 (In $ Million)
- Figure 14: North America Synthetic Leather Market, By Bags & Wallets, 2023-2030 (In $ Million)
- Figure 15: North America Synthetic Leather Market, By Other End-uses, 2023-2030 (In $ Million)
- Figure 16: North America Synthetic Leather Market, By Country Outlook, 2022 & 2030 (In %)
- Figure 17: United States Synthetic Leather Market 2023-2030 (In $ Million)
- Figure 18: Canada Synthetic Leather Market 2023-2030 (In $ Million)
- Figure 19: Basf Se - Company Net Revenue In 2017-2021 (In $ Million)
- Figure 20: Basf Se - Company Net Income In 2017-2021 (In $ Million)
- Figure 21: Basf Se - Company Revenue, By Segment, In 2021 (In %)
- Figure 22: Basf Se- Company Revenue, By Region, In 2021 (In %)
- Figure 23: Nan Ya Plastics Corporation - Company Revenue In 2017-2021 (In $ Million)
- Figure 24: Nan Ya Plastics Corporation - Company Net Income In 2017-2021 (In $ Million)
- Figure 25: Nan Ya Plastics Corporation - Company Revenue, By Segment, In 2021 (In %)
- Figure 26: Nan Ya Plastics Corporation - Company Revenue, By Region, In 2021 (In %)
- Figure 27: Toray Industries Inc - Company Revenue, In 2017-2021 (In $ Million)
- Figure 28: Toray Industries Inc - Company Net Income, In 2017-2021 (In $ Million)
- Figure 29: Toray Industries Inc - Company Revenue, By Segment, In 2021 (In %)
- Figure 30: Toray Industries Inc - Company Revenue, By Region, In 2021 (In %)
- Figure 31: Teijin Limited - Company Revenue In 2017-2021 (In $ Billion)
- Figure 32: Teijin Limited - Company Net Income In 2017-2021 (In $ Million)
- Figure 33: Teijin Limited - Company Revenue, By Segment, In 2021 (In %)
- Figure 34: Teijin Limited - Company Revenue, By Region, In 2021 (In %)
- Figure 35: Mayur Uniquoters Limited - Company Revenue In 2017-2021 (In $ Million)
- Figure 36: Mayur Uniquoters Limited - Company Net Income In 2017-2021 (In $ Million)
- Figure 37: Mayur Uniquoters Limited - Company Revenue, By Region, In 2021 (In %)
- Figure 38: San Fang Chemical Industry Co Ltd - Company Revenue In 2017-2021 (In $ Million)
- Figure 39: San Fang Chemical Industry Co Ltd - Company Net Income In 2017-2021 (In $ Million)
- Figure 40: Kuraray Co Ltd - Company Revenue In 2017-2021 (In $ Million)
- Figure 41: Kuraray Co Ltd - Company Net Income In 2017-2021 (In $ Million)
- Figure 42: Kuraray Co Ltd - Company Revenue, By Segment, In 2021 (In %)
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