According to a new report published by Allied Market Research, titled Synthetic Leather Market by Type (Bio-based, Polyvinylchloride (PVC)-based, and Polyurethane (PU)-based), Application (Clothing, Bags, Shoes, Purses & Wallets, Accessories, Car Interiors, Belts, Sports Goods, and Others), and End-use Industry (Footwear, Furniture, Automotive, Textile, Sports, Electronics, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026
The global market size Synthetic Leather is $XX million in 2018 with XX CAGR, and it is expected to reach $XX million by the end of 2026 with a CAGR of XX% from 2019 to 2026.
Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific dominates the market, due to surge in demand for trending & branded footwear and rapid urbanization.
The key players operating in the global synthetic leather market are Kuraray Co. Ltd., Nan Ya Plastics Co. Ltd., Teijin Limited, Zhejiang Hexin Industry Group Co. Ltd., Mayur Uniquoters Limited, Filwel Co. Ltd., H.R. Polycoats Pvt. Ltd., DuPont Tate & Lyle Bio Products, Gruppo Mastrotto S.p.A., and Asahi Kasei Corporation. These players have acquired various strategies such as acquisitions, partnerships, collaboration, joint ventures, agreements, expansions, and new product launches to create a strong consumer base in the market. For instance, in April 2016, Teijin launched a new product, Maestley, a high-grade synthetic leather as a substitute for natural leather.
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KEY BENEFITS FOR STAKEHOLDERS
- The report outlines the current market trends and future scenario of the synthetic leather market size from 2018 to 2026 to understand the prevailing opportunities and potential investment pockets.
- Porter’s five force analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
- Major countries in the regions have been mapped according to their individual revenue contribution.
- The key drivers, restraints, and market opportunities and their detailed impact analysis are elucidated in the study.
- The synthetic leather market analysis covers in-depth information of major industry participants.
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KEY MARKET SEGMENTS
- Polyvinylchloride (PVC)-based
- Polyurethane (PU)-based
- Purses & Wallets
- Car Interiors
- Sports Goods
- Others (Upholstery and Gloves)
By End-use Industry
- Others (Marine)
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Saudi Arabia
- South Africa
- Rest of LAMEA
- Kuraray Co. Ltd.
- Nan Ya Plastics Co. Ltd.
- Teijin Limited
- Zhejiang Hexin Industry Group Co. Ltd.
- Mayur Uniquoters Limited
- Filwel Co. Ltd.
- H.R. Polycoats Pvt. Ltd.
- DuPont Tate & Lyle Bio Products
- Gruppo Mastrotto S.p.A.
- Asahi Kasei Corporation
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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