세계의 합성 피혁 시장 규모 : 제품별, 최종사용자별, 지역별 범위와 예측

Synthetic Leather Market Size And Forecast

Synthetic Leather Market size was valued at USD 35.27 Billion in 2024 and is projected to reach USD 60.6 Billion by 2032, growing at a CAGR of 7% from 2026 to 2032.

Synthetic leather has become a popular alternative to natural leather, primarily due to its cost-effectiveness, versatility, and scalability. Compared to genuine leather, synthetic leather is generally much cheaper to produce, which enables manufacturers to offer products at lower prices, making them accessible to a broader range of consumers.

This affordability has fueled demand for synthetic leather across diverse sectors, including fashion, automotive, furniture, and accessories, as consumers seek cost-effective yet aesthetically appealing options.

The production of synthetic leather is highly scalable and can be managed more efficiently than natural leather production, which depends on animal hides. This scalability allows for consistent mass production, meeting high consumer demand while keeping costs manageable.

Moreover, advancements in production technology have made synthetic leather increasingly competitive; enhanced techniques have made it possible to closely replicate the appearance and feel of genuine leather at a fraction of the cost. As production processes evolve, synthetic leather is becoming an even more attractive option in the market.

Synthetic leather also offers considerable versatility. It is produced in an extensive variety of colors, textures, and finishes, enabling manufacturers to cater to diverse consumer preferences. This customization potential, combined with its affordability and accessibility, positions synthetic leather as a compelling choice across multiple industries, meeting both functional and style-driven needs.

Global Synthetic Leather Market Dynamics

The key market dynamics that are shaping the global synthetic leather market include:

Key Market Drivers:

Growing Footwear Industry Demand: The footwear sector has emerged as a primary driver for synthetic leather demand. According to the World Footwear Yearbook 2023, global footwear production reached 24.3 billion pairs in 2022, with synthetic leather footwear accounting for 63% of total production. The International Footwear Manufacturing Association reported that synthetic leather usage in athletic footwear increased by 85% between 2020-2023, with major brands like Nike and Adidas increasing their synthetic leather procurement by 42%. Market analysis showed that the cost-effectiveness of synthetic leather in footwear manufacturing led to savings of approximately $12-15 per pair compared to genuine leather.

Automotive Interior Applications: The automotive industry's shift towards sustainable materials has boosted synthetic leather adoption. The Automotive Interior Materials Association reported that synthetic leather usage in vehicle interiors grew by 156% from 2020 to 2023. According to the Global Automotive Trends Report 2023, approximately 71% of new vehicles manufactured in 2022 used synthetic leather in their interiors, representing a 34% increase from 2020. The European Automobile Manufacturers Association noted that synthetic leather reduced interior material costs by 45% while meeting sustainability goals.

Rising Environmental Consciousness and Animal Welfare Concerns: Environmental awareness and ethical considerations have significantly driven market growth. The Sustainable Materials Council reported that synthetic leather production reduced water usage by 90% compared to traditional leather processing in 2022. According to the Vegan Society's 2023 report, consumer preference for animal-free products increased by 127% since 2020, with 58% of consumers specifically choosing synthetic leather products over genuine leather. The Environmental Protection Agency noted that synthetic leather manufacturing reduced harmful chemical emissions by 65% compared to traditional leather tanning processes.

Key Challenges:

Health and Safety Concerns with Chemical Components: The presence of harmful chemicals in synthetic leather production has raised significant health concerns. According to the Environmental Protection Agency's 2022 report, approximately 85% of PVC-based synthetic leather products contain phthalates above recommended safety levels. The Centers for Disease Control and Prevention documented a 47% increase in skin-related complaints associated with synthetic leather products between 2020-2023.

Environmental Impact of Non-Biodegradable Materials: Despite being marketed as eco-friendly, synthetic leather's disposal creates environmental challenges. The Global Waste Management Report 2023 indicated that synthetic leather products take 400-500 years to decompose, contributing to 12% of global textile waste. According to the Environmental Science Journal, synthetic leather production generated approximately 2.7 million tons of non-biodegradable waste in 2022, showing a 34% increase from 2020.

Quality and Durability Issues Compared to Genuine Leather: Product longevity remains a significant market constraint. The International Materials Quality Association's 2023 report showed that synthetic leather products had an average lifespan of 2-3 years compared to 10+ years for genuine leather. Consumer surveys conducted by the Product Quality Research Institute revealed that 58% of synthetic leather products showed significant wear and tear within the first year of use.

Key Trends:

Bio-based and Sustainable Materials Innovation: The shift towards eco-friendly synthetic leather alternatives has gained significant momentum. According to the Sustainable Materials Council 2023 report, bio-based synthetic leather production increased by 167% between 2020-2023. The International Renewable Materials Association documented that approximately 34% of synthetic leather manufacturers switched to plant-based raw materials in 2022, with pineapple leather (Pinatex) production growing by 245%.

Smart and Functional Synthetic Leather Development: Integration of advanced technologies with synthetic leather has emerged as a major trend. The Technical Textiles Association reported that smart synthetic leather products with features like temperature regulation and moisture-wicking properties grew by 123% from 2020-2023. According to the Innovation in Materials Science Journal, 42% of premium synthetic leather products in 2022 incorporated antimicrobial properties.

Circular Economy and Recycling Initiatives: The industry has shown strong movement towards closed-loop production systems. The Environmental Protection Agency's 2023 report indicated that recycled material usage in synthetic leather production increased by 89% since 2020. The Textile Recycling Association documented that 45% of synthetic leather manufacturers implemented take-back programs in 2022, processing approximately 1.2 million tons of used materials.

Global Synthetic Leather Market Regional Analysis

Here is a more detailed regional analysis of the global synthetic leather market:

Asia Pacific

Asia Pacific substantially dominates the global synthetic leather Market driven by the rising disposable income and population growth.

The Asia Pacific region has experienced significant economic growth, driving synthetic leather consumption. According to the Asian Development Bank's 2023 report, disposable income in the region grew by 6.7% annually between 2020-2023.

China's National Bureau of Statistics reported that urban disposable income increased by 42% from 2020-2022, leading to a 156% growth in synthetic leather goods purchases. The World Bank documented that the middle-class population in APAC reached 2.3 billion in 2023, with 38% actively purchasing synthetic leather products.

Strong Manufacturing Base and Export Capabilities: The region's robust manufacturing infrastructure has significantly driven market growth. The Asian Manufacturing Federation reported that China alone accounted for 48% of global synthetic leather production in 2022, with production capacity increasing by 89% since 2020.

According to the International Trade Statistics, APAC countries exported synthetic leather products worth $12.7 billion in 2023, showing a 67% increase from 2020. The Asia Pacific Trade Association noted that regional manufacturing costs were 35% lower than global averages, attracting 78% of new industry investments.

Rapid Urbanization and Fashion Industry Growth: Urbanization has led to increased demand for synthetic leather products. The United Nations Economic and Social Commission for Asia and the Pacific reported that the urban population in the region grew by 23% between 2020-2023, driving retail sales of synthetic leather goods up by 145%.

The Asia Fashion Council documented that fast-fashion retailers in the region increased their synthetic leather usage by 192% since 2020.

North America

North America is anticipated to witness the fastest growth in the global synthetic leather market during the forecast period of domestic manufacturing shift and supply chain restructuring.

Trade tensions have driven significant reshoring of synthetic leather production. According to the U.S. Department of Commerce, domestic synthetic leather manufacturing capacity increased by 156% between 2020-2023.

The American Manufacturing Association reported that U.S. investments in synthetic leather production facilities reached $4.2 billion in 2022, creating 27,000 new jobs. The North American Trade Federation documented that local sourcing of synthetic leather materials increased by 89% since 2020, reducing dependency on Asian imports by 45%.

Automotive Industry Demand and Electric Vehicle Growth: The automotive sector has become a major driver for synthetic leather consumption. The U.S. Automotive Industry Report 2023 showed that 82% of electric vehicles manufactured in North America used synthetic leather interiors, representing a 167% increase from 2020.

According to the Electric Vehicle Association, the demand for synthetic leather in EV production grew by 234% between 2020-2023. The Department of Transportation noted that automotive-grade synthetic leather production in North America increased by 92%, reaching USD 3.8 Billion in market value.

Growth in Sustainable and Vegan Product Demand: Consumer preference for ethical alternatives has boosted market growth. The U.S. Consumer Protection Agency reported that vegan leather product sales increased by 178% from 2020-2023.

Global Synthetic Leather Market: Segmentation Analysis

The Global Synthetic Leather Market is segmented based on Product, End-User, And Geography.

Synthetic Leather Market, By Product

• PVC-Based
• PU-Based
• Bio-Based

Based on the Product, the Global Synthetic Leather Market is bifurcated into PVC-based, PU-based, and Bio-based. The polyurethane PU-based segment leads in the global synthetic leather market owing to its high quality, versatile applications, and favorable properties. PU leather is softer, waterproof, and lighter than both genuine leather and other synthetic options, with the added benefits of being sunlight-resistant and easily cleanable. Unlike vinyl-based alternatives, PU leather doesn't emit harmful dioxins, making it an eco-friendly choice.

Synthetic Leather Market, By End-User

• Automotive
• Footwear
• Clothing
• Furnishing
• Bags, Purses & Wallets

Based on the End-User, the Global Synthetic Leather Market is bifurcated into Automotive, Footwear, Clothing, Furnishing, Bags, Purses & Wallets. The footwear segment significantly dominates the global synthetic leather market driven by rising income levels and economic growth, particularly in developing countries. This increased purchasing power has led to a heightened demand for various types of footwear. Additionally, changing climatic conditions across different regions have created a need for diverse footwear options tailored to specific environmental requirements.

Key Players

The "Global Synthetic Leather Market" study report will provide valuable insight with an emphasis on the global market. The major players in the market are Kuraray Co. Ltd, Teijin Limited, San Fang Chemical Industry Co. Ltd, Mayur Uniquoters Ltd., Filwel Co. Ltd., Nan Ya Plastics Co. Ltd., Zhejiang Hexin Industry Group Co., Ltd., H.R. Polycoats Pvt. Ltd., Yantai Wanhua Synthetic Leather Group Co. Ltd., and Alfatex.

• This section offers in-depth analysis through a company overview, position analysis, the regional and industrial footprint of the company, and the ACE matrix for insightful competitive analysis. The section also provides an exhaustive analysis of the financial performances of mentioned players in the given market.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Global Synthetic Leather Market Key Developments

• In July 2024, BASF SE announced the launch of Haptex 4.0, a fully recyclable polyurethane solution for synthetic leather manufacture. This makes the materials reusable.
• In August 2023, Katzkin Leather, Inc. announced the acquisition of Roadwire Automotive Leather, expanding its capabilities to serve all customers, including OEMs, dealers, and thousands of individuals.
• In April 2023, General Silicones Co., Ltd. announced the launch of a new Compo-SilL SL silicone vegan leather product line. The SL series is ideal for manufacturers of consumer products including bags, backpacks, shoes, wallets, belts, book bindings, and covers that require vegan leather with factory-applied fabric linings.
• In December 2021, The Dow Chemical Company announced the launch of LUXSENSE Silicone Synthetic Leather for transportation seating interiors, furniture, clothes, wearable devices, and consumer electronics all have distinct features.

TABLE OF CONTENTS

1 INTRODUCTION OF GLOBAL SYNTHETIC LEATHER MARKET

• 1.1 Overview of the Market
• 1.2 Scope of Report
• 1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH

• 3.1 Data Mining
• 3.2 Validation
• 3.3 Primary Interviews
• 3.4 List of Data Sources

4 GLOBAL SYNTHETIC LEATHER MARKET OUTLOOK

• 4.1 Overview
• 4.2 Market Dynamics
  • 4.2.1 Drivers
  • 4.2.2 Restraints
  • 4.2.3 Opportunities
• 4.3 Porters Five Force Model
• 4.4 Value Chain Analysis

5 GLOBAL SYNTHETIC LEATHER MARKET, BY PRODUCT

• 5.1 Overview
• 5.2 PVC-based
• 5.3 PU-based
• 5.4 Bio-based

6 GLOBAL SYNTHETIC LEATHER MARKET, BY END-USER

• 6.1 Overview
• 6.2 Automotive
• 6.3 Footwear
• 6.4 Clothing
• 6.5 Furnishing
• 6.6 Bags, purses & wallets
• 6.7 Others

7 GLOBAL SYNTHETIC LEATHER MARKET, BY GEOGRAPHY

• 7.1 Overview
• 7.2 North America
  • 7.2.1 U.S.
  • 7.2.2 Canada
  • 7.2.3 Mexico
• 7.3 Europe
  • 7.3.1 Germany
  • 7.3.2 U.K.
  • 7.3.3 France
  • 7.3.4 Rest of Europe
• 7.4 Asia Pacific
  • 7.4.1 China
  • 7.4.2 Japan
  • 7.4.3 India
  • 7.4.4 Rest of Asia Pacific
• 7.5 Rest of the World
  • 7.5.1 Latin America
  • 7.5.2 Middle East and Africa

8 GLOBAL SYNTHETIC LEATHER MARKET COMPETITIVE LANDSCAPE

• 8.1 Overview
• 8.2 Company Market Ranking
• 8.3 Key Development Strategies

9 COMPANY PROFILES

• 9.1 Kuraray Co. Ltd.
  • 9.1.1 Overview
  • 9.1.2 Financial Performance
  • 9.1.3 Product Outlook
  • 9.1.4 Key Developments
• 9.2 Teijin Limited
  • 9.2.1 Overview
  • 9.2.2 Financial Performance
  • 9.2.3 Product Outlook
  • 9.2.4 Key Developments
• 9.3 San Fang Chemical Industry Co. Ltd.
  • 9.3.1 Overview
  • 9.3.2 Financial Performance
  • 9.3.3 Product Outlook
  • 9.3.4 Key Developments
• 9.4 Mayur Uniquoters Ltd.
  • 9.4.1 Overview
  • 9.4.2 Financial Performance
  • 9.4.3 Product Outlook
  • 9.4.4 Key Developments
• 9.5 Filwel Co. Ltd.
  • 9.5.1 Overview
  • 9.5.2 Financial Performance
  • 9.5.3 Product Outlook
  • 9.5.4 Key Developments
• 9.6 Nan Ya Plastics Co. Ltd.
  • 9.6.1 Overview
  • 9.6.2 Financial Performance
  • 9.6.3 Product Outlook
  • 9.6.4 Key Developments
• 9.7 Zhejiang Hexin Industry Group Co., Ltd.
  • 9.7.1 Overview
  • 9.7.2 Financial Performance
  • 9.7.3 Product Outlook
  • 9.7.4 Key Developments
• 9.8 H.R. Polycoats Pvt. Ltd.
  • 9.8.1 Overview
  • 9.8.2 Financial Performance
  • 9.8.3 Product Outlook
  • 9.8.4 Key Developments
• 9.9 Yantai Wanhua Synthetic Leather Group Co. Ltd.
  • 9.9.1 Overview
  • 9.9.2 Financial Performance
  • 9.9.3 Product Outlook
  • 9.9.4 Key Developments
• 9.10 Alfatex
  • 9.10.1 Overview
  • 9.10.2 Financial Performance
  • 9.10.3 Product Outlook
  • 9.10.4 Key Developments

10 KEY DEVELOPMENTS

• 10.1 Product Launches/Developments
• 10.2 Mergers and Acquisitions
• 10.3 Business Expansions
• 10.4 Partnerships and Collaborations

11 Appendix

• 11.1 Related Research