Market Overview:
The global leather used in furniture market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market is segmented on the basis of type, application and region. On the basis of type, real leather and faux leather are two major segments in the global market. Faux leather is projected to be a faster-growing segment as compared to real leather during the forecast period owing to its low cost and easy availability. On the basis of application, household and commercial are two major segments in this market. Commercial applications are expected to grow at a higher rate as compared to household applications during the forecast period owing increased demand from offices, hotels and other commercial establishments for furniture upholstery purposes.
Product Definition:
Leather is a durable and flexible material created by tanning animal hides. It is often used to make furniture, because it is strong and can withstand a lot of wear and tear.
Real Leather:
Real leather is a type of leather that comes from an animal. It has more give than vegetable-based or synthetic leather and has less give than bone or suede. Real Leather Furniture is used by people who want real touch and feel in their home environment, it helps to create a rich experience for the viewers as if they are sitting on the chair, sofa etc.
Faux Leather:
Faux leather is a man-made textile, which is manufactured from polyurethane and other synthetic materials. It has the appearance of real leather but is much cheaper. The major application of faux leather in furniture includes upholstery and interior design applications such as sofas, chairs, ottomans, etc.
Application Insights:
The household application segment accounted for the largest share of more than 60.0% in 2017. The growing population and rapid urbanization are expected to boost the demand for furniture in the household applications over the forecast period. In addition, increasing disposable income levels coupled with rising employment rates is anticipated to propel demand over the next eight years.
Commercial application is projected to be fastest-growing segment at an estimated CAGR of XX% from 2018 to 2030 owing to increased construction spending by businesses across various countries including China, India and Brazil as they see commercial spaces as their second homes where they can conduct business meetings, host events and social gatherings,.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing real income, growing population, and rapid urbanization. In addition, rising demand for furniture with better quality due to changing lifestyles of consumers is anticipated to drive industry growth in this region.
Europe accounted for a significant share of revenue in 2017 owing to high acceptance of luxury furniture products made from natural materials such as leather and wood among consumers especially those living under strict regulations by religious institutions such as Muslims and Jews which has boosted the product demand considerably over the past few years. Moreover, presence of key manufacturers including B-Free GmbH & Co., Knaus Heuneberg GmbH & Co., Ligne Roset SA de CV; who are focusing on developing premium products using sustainable raw materials will further boost regional growth during the forecast period.
Growth Factors:
- Increasing demand for leather furniture from the residential sector
- Rising disposable income of consumers in developing countries
- Proliferation of online retail platforms that offer a wide range of leather furniture at competitive prices
- Growing popularity of customization and bespoke services in the furniture industry
- Introduction of new finishes and textures for leather furniture
Scope Of The Report
Report Attributes
Report Details
Report Title
Leather Used in Furniture Market Research Report
By Type
Real Leather, Faux Leather
By Application
Household, Commercial
By Companies
Wenzhou Imitation Leather, Hornschuch, Kuraray, Toray, Teijin, Nassimi, Willow Tex, Nilco, Anli Group, Hexin Group, Fujian Tianshou, Shuangxiang Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Leather Used in Furniture Market Report Segments:
The global Leather Used in Furniture market is segmented on the basis of:
Types
Real Leather, Faux Leather
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Wenzhou Imitation Leather
- Hornschuch
- Kuraray
- Toray
- Teijin
- Nassimi
- Willow Tex
- Nilco
- Anli Group
- Hexin Group
- Fujian Tianshou
- Shuangxiang Group
Highlights of The Leather Used in Furniture Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Real Leather
- Faux Leather
- By Application:
- Household
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Leather Used in Furniture Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Leather is a natural material that is used in furniture to make it look more expensive and luxurious.
Some of the major companies in the leather used in furniture market are Wenzhou Imitation Leather, Hornschuch, Kuraray, Toray, Teijin, Nassimi, Willow Tex, Nilco, Anli Group, Hexin Group, Fujian Tianshou, Shuangxiang Group.
The leather used in furniture market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Leather Used in Furniture Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Leather Used in Furniture Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Leather Used in Furniture Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Leather Used in Furniture Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Leather Used in Furniture Market Size & Forecast, 2020-2028 4.5.1 Leather Used in Furniture Market Size and Y-o-Y Growth 4.5.2 Leather Used in Furniture Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Real Leather
5.2.2 Faux Leather
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Household
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Leather Used in Furniture Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Leather Used in Furniture Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Real Leather
9.6.2 Faux Leather
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Household
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Real Leather
10.6.2 Faux Leather
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Household
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Real Leather
11.6.2 Faux Leather
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Household
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Real Leather
12.6.2 Faux Leather
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Household
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Real Leather
13.6.2 Faux Leather
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Household
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Leather Used in Furniture Market: Competitive Dashboard
14.2 Global Leather Used in Furniture Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Wenzhou Imitation Leather
14.3.2 Hornschuch
14.3.3 Kuraray
14.3.4 Toray
14.3.5 Teijin
14.3.6 Nassimi
14.3.7 Willow Tex
14.3.8 Nilco
14.3.9 Anli Group
14.3.10 Hexin Group
14.3.11 Fujian Tianshou
14.3.12 Shuangxiang Group