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Data Bridge Market Research analyses that the synthetic leather market was valued at USD 29.19 billion in 2021 and is expected to reach the value of USD 53.23 billion by 2029, at a CAGR of 7.80% during the forecast period of 2022 to 2029.
Synthetic leather is a man-made material that is frequently made of polyvinyl chloride (PVC) or polyurethane (PU). It is man-made leather that resembles genuine leather. Synthetic leather is coloured and treated to look like genuine leather. This type of leather is also known as vegan leather, faux leather, leatherette, and leather.
Synthetic leather is a man-made material that is frequently made of polyvinyl chloride (PVC) or polyurethane (PU). It is man-made leather that resembles genuine leather. Synthetic leather is coloured and treated to look like genuine leather. This type of leather is also known as vegan leather, faux leather, leatherette, and leather.
Some of the major players operating in the synthetic leather market are:
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Global Synthetic Leather Market Scope:
The synthetic leather market is segmented on the basis of type and end users. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.