세계의 합성 피혁 시장 규모, 점유율, 성장 분석 : 유형별(PVC 기반, PU 기반), 최종사용자별(자동차, 신발) - 산업 예측(2023-2030년)

Synthetic Leather Market size was valued at USD 33.7 billion in 2021 and is poised to grow from USD 36.24 billion in 2022 to USD 66.84 billion by 2030, growing at a CAGR of 8% in the forecast period (2023-2030).

It is projected that a key factor in the market's rise would be the global increase in demand from the footwear sector. The price of natural leather is another factor that has increased demand for natural leather substitutes. PVC leather is a substantial synthetic leather that has grown in popularity and is used for a variety of products, including shopping bags, cosmetic bags, wallets, suitcases, purses, and travel bags. It is used in a variety of contexts, including fabrics, footwear, apparel, furniture, and other items where a leather-like finish is required but the substance is inappropriate, unusable, or prohibitively expensive. The process used to make the shell coating, which is used to cover a synthetic polymer blend, has changed during the last few years.

In recent years, the United States has seen a considerable rise in the consumption of synthetic leather. The American market has recently seen a marked surge in demand. The entire market in the United States will undoubtedly benefit from a significant rise in demand for synthetic leather upholstery for automobiles. Increasing use in the furniture, automobile, garment, bag, and other industries has caused a paradigm shift in global demand. Efforts to improve the supply chain are projected to benefit the U.S. market throughout the forecast period. Manufacturers have been expanding their sourcing because of the plentiful supply of raw materials and the low cost of labour and transportation in Asia, particularly China and Vietnam.

However, the current spread of the coronavirus throughout the world has severely decreased the market for synthetic leather due to the numerous preventive measures implemented by various nations to stop the development of the pandemic. This has reduced the demand for and trade in synthetic leather globally, and it is projected that this will negatively impact market expansion in the years to come. Regional markets that are in the process of emerging, such those in China, India, Brazil, Malaysia, Thailand, and Vietnam, are expected to have a significant impact on consumer demand for the product. It is expected that during the coming few years, the widespread usage of synthetic leather in the footwear industry in a number of other regional markets will also contribute to the industry's global expansion.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Synthetic Leather Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Segments covered in this report:

The global synthetic leather market has been segmented based on type, end-user, and region. Based on type, the market is segmented into PVC-based, PU-based, and Bio-based. Based on the end-user, the market is segmented into automotive, footwear, clothing, furnishing, bags, purses & wallets, and others. Based on region, the synthetic leather market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.

Driver

The market for synthetic leather is expected to grow in the next years as a result of rising demand for footwear, automobiles, furniture, and textiles. There might be anything wrong with the basic material. Polyvinylchloride and polyurethane are regularly used as the base for synthetic materials. Because polyvinylchloride can be toxic, it has a negative impact on human health. It may cause cancer, hormone imbalance, and immune system damage, among other major health issues.

Because of the origin of the material, the increase in vegans is increasing demand for synthetic leather. Many companies these days avoid using materials derived from animals to create leather. Synthetic leather is often produced using wet coagulation, dry coagulation, and the transfer coating technique. It can be very difficult to tell genuine leather from synthetic. Compared to synthetic leather, genuine leather is frequently more expensive. It looks matte and is glossier when compared to genuine leather. It resists UV damage and takes a while to fade. The biggest and most obvious distinction is that it is not made from animal hide or skin.

Another significant aspect promoting its adoption is synthetic leather's lower manufacturing cost. While synthetic leather is easier to produce, natural leather is more expensive. The rise in investments in synthetic leather as a result will aid in its market share growth. Environmental damage results from leather-making processes, particularly tanning. The pricing is yet another important factor that has a considerable impact on how the market for synthetic leather is changing. An surge in the market for synthetic leather is a result of governmental regulations and environmental legislation.

Restraint

Polyvinyl chloride and polyurethane are two other common synthetic leather base ingredients that are harmful to the environment, animals, and people. It is true that polyurethane isocyanate has the potential to irritate the lungs and trigger asthma attacks. Breathing becomes more challenging because it affects the epidermis. The regular inhalation of polyurethane fumes by workers in polyurethane production facilities can cause nausea, vomiting, and vertigo.

Polyvinyl chloride contains hazardous carcinogens such dioxin, phthalates, and vinyl chloride monomer. When materials containing chlorine are burned, the highly poisonous and deadly chemical dioxin is released. The negative consequences of polyurethane and the production of polyvinyl chloride are a hindrance to the synthetic leather business. It follows that the adverse effects of polyurethane and polyvinyl chloride are anticipated to impede market expansion.

Market Trends

Synthetic leather is gradually replacing real leather in the footwear industry. Along with shoes, it can be found in sandal uppers, linings, and insoles. Due to the fact that shoes manufactured of imitation leather are three times less expensive than those made of animal skin, the market for synthetic leather is expanding.

Over a billion animals are murdered annually, according to People for the Ethical Treatment of Animals (PETA), simply for their skins and hides. Since animal welfare laws are not strictly enforced, most genuine leather is produced in developing countries like China and India. The demand for leather substitutes will, however, rise as more laws are likely to be adopted in Asia and the rest of the world.

Table of Contents

Executive Summary

• Market Overview
• Wheel of Fortune
• Research Methodology
• Information Procurement
• Secondary & Primary Data Sources
• Market Size Estimation
• Market Assumptions & Limitations

Parent Market Analysis

• Market Overview
• Market Size
• Market Dynamics
• Drivers
• Opportunities
• Restraints
• Challenges
• Key Market Insights
• Technology Analysis
• Pricing Analysis
• Supply Chain Analysis
• Value Chain Analysis
• Ecosystem of the Market
• IP Analysis
• Trade Analysis
• Startup Analysis
• Raw Material Analysis
• Innovation Matrix
• Pipeline Product Analysis
• Macroeconomic Indicators
• Top Investment Analysis
• Key Success Factor
• Degree of Competition
• Market Dynamics & Outlook
• Market Dynamics
• Drivers
• Opportunities
• Restraints
• Challenges
• Regulatory Landscape
• Porters Analysis
• Competitive rivalry
• Threat of Substitute Products
• Bargaining Power of Buyers
• Threat of New Entrants
• Bargaining Power of Suppliers
• Skyquest Special Insights on Future Disruptions
• Political Impact
• Economic Impact
• Social Impact
• Technical Impact
• Environmental Impact
• Legal Impact

Global Synthetic Leather Market by Type

• Market Overview
• PVC-based
• PU-based
• Bio-based
• Global Synthetic Leather Market by End-User
• Market Overview
• Automotive
• Footwear
• Clothing
• Furnishing
• Bags
• Purses & Wallets
• Others
• Global Synthetic Leather Market Size by Region
• Market Overview
• North America
• USA
• Canada
• Europe
• Germany
• Spain
• France
• UK
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
• Latin America
• Brazil
• Rest of Latin America
• Middle East & Africa (MEA)
• GCC Countries
• South Africa
• Rest of MEA
• Competitive Landscape
• Top 5 Player Comparison
• Market Positioning of Key Players, 2021
• Strategies Adopted by Key Market Players
• Top Winning Strategies
• By Development
• By Company
• By Year
• Recent Activities in the Market
• Key Companies Market Share (%), 2021
• Key Company Profiles
• Kuraray Co., Ltd.
• Company Overview
• Business Segment Overview
• Financial Updates
• Key Developments
• Toray Industries, Inc.
• Company Overview
• Business Segment Overview
• Financial Updates
• Key Developments
• Teijin Limited
• Company Overview
• Business Segment Overview
• Financial Updates
• Key Developments
• Mayur Uniquoters Limited
• Company Overview
• Business Segment Overview
• Financial Updates
• Key Developments
• Nan Ya Plastics Corporation
• Company Overview
• Business Segment Overview
• Financial Updates
• Key Developments
• San Fang Chemical Industry Co., Ltd.
• Company Overview
• Business Segment Overview
• Financial Updates
• Key Developments
• Alfatex
• Company Overview
• Business Segment Overview
• Financial Updates
• Key Developments
• Filwel Co., Ltd.
• Company Overview
• Business Segment Overview
• Financial Updates
• Key Developments
• Zhejiang Hexin Industry Group Co., Ltd.
• Company Overview
• Business Segment Overview
• Financial Updates
• Key Developments
• Yantai Wanhua Synthetic Leather Group Co., Ltd.
• Company Overview
• Business Segment Overview
• Financial Updates
• Key Developments
• H.R. Polycoats Pvt. Ltd.
• Company Overview
• Business Segment Overview
• Financial Updates
• Key Developments
• Favini S.R.L.
• Company Overview
• Business Segment Overview
• Financial Updates
• Key Developments
• Sappi Limited
• Company Overview
• Business Segment Overview
• Financial Updates
• Key Developments
• Asahi Kasei Corporation
• Company Overview
• Business Segment Overview
• Financial Updates
• Key Developments
• DuPont de Nemours, Inc.
• Company Overview
• Business Segment Overview
• Financial Updates
• Key Developments
• Wanhua Chemical Group Co., Ltd.
• Company Overview
• Business Segment Overview
• Financial Updates
• Key Developments
• Kurabo Industries Ltd.
• Company Overview
• Business Segment Overview
• Financial Updates
• Key Developments
• Daikin Industries, Ltd.
• Company Overview
• Business Segment Overview
• Financial Updates
• Key Developments
• Alcantara S.p.A.
• Company Overview
• Business Segment Overview
• Financial Updates
• Key Developments
• STKC Co., Ltd.
• Company Overview
• Business Segment Overview
• Financial Updates
• Key Developments