The global microfiber synthetic suede leather market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for synthetic leather in various applications such as shoes and clothes, furniture, automotive trim, case and bag. The increasing demand for synthetic leather in these applications is due to its durability and low maintenance cost as compared to natural leather. The global microfiber synthetic suede leather market has been segmented on the basis of type into single-leather and double-sided-leather; on the basis of application into shoes & clothes, furniture, automotive trim, case & bag; and on the basis of region into North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) and Middle East & Africa (MEA).
Some Of The Growth Factors Of This Market:
- The increasing demand for synthetic leather in the automotive industry is one of the major factors driving the growth of this market.
- The increasing demand for synthetic leather in footwear and apparel industry is also driving this market's growth.
- Increasing disposable income, changing lifestyle, and rising population are some other factors that are driving this market's growth over the forecast period (2016-2022).
- Increasing awareness about environmental issues such as global warming and climate change has led to increased use of synthetic leather which has further fueled its demand over the forecast period (2016-2022).
Industry Growth Insights published a new data on “Microfiber Synthetic Suede Leather Market”. The research report is titled “Microfiber Synthetic Suede Leather Market research by Types (Single Leather, Double-Sided Leather), By Applications (Shoes & Clothes, Furniture, Automotive Trim, Case & Bag, Others), By Players/Companies Huafon Group, Kuraray, TORAY, Hexin Group, Asahi Kasei, Kolon Industries, Sanfang, Wanhua Micro Fiber, Meisheng Group, Sanling Micro Fiber, Ecolorica, Tongda Island, Topsun Micro Fiber, Wuxi Double Elephant”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Microfiber Synthetic Suede Leather Market Research Report
By Type
Single Leather, Double-Sided Leather
By Application
Shoes & Clothes, Furniture, Automotive Trim, Case & Bag, Others
By Companies
Huafon Group, Kuraray, TORAY, Hexin Group, Asahi Kasei, Kolon Industries, Sanfang, Wanhua Micro Fiber, Meisheng Group, Sanling Micro Fiber, Ecolorica, Tongda Island, Topsun Micro Fiber, Wuxi Double Elephant
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Microfiber Synthetic Suede Leather Market Report Segments:
The global Microfiber Synthetic Suede Leather market is segmented on the basis of:
Types
Single Leather, Double-Sided 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
Shoes & Clothes, Furniture, Automotive Trim, Case & Bag, Others
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:
- Huafon Group
- Kuraray
- TORAY
- Hexin Group
- Asahi Kasei
- Kolon Industries
- Sanfang
- Wanhua Micro Fiber
- Meisheng Group
- Sanling Micro Fiber
- Ecolorica
- Tongda Island
- Topsun Micro Fiber
- Wuxi Double Elephant
Highlights of The Microfiber Synthetic Suede Leather 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:
- Single Leather
- Double-Sided Leather
- By Application:
- Shoes & Clothes
- Furniture
- Automotive Trim
- Case & Bag
- Others
- 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 Microfiber Synthetic Suede Leather 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.
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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?
Microfiber synthetic suede leather is a type of faux suede leather that is made from a blend of polyester and cotton. It has a soft, smooth feel and comes in many different colors and patterns.
Some of the major companies in the microfiber synthetic suede leather market are Huafon Group, Kuraray, TORAY, Hexin Group, Asahi Kasei, Kolon Industries, Sanfang, Wanhua Micro Fiber, Meisheng Group, Sanling Micro Fiber, Ecolorica, Tongda Island, Topsun Micro Fiber, Wuxi Double Elephant.
The microfiber synthetic suede leather market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Microfiber Synthetic Suede Leather Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Microfiber Synthetic Suede Leather Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Microfiber Synthetic Suede Leather Market - Supply Chain
4.5. Global Microfiber Synthetic Suede Leather Market Forecast
4.5.1. Microfiber Synthetic Suede Leather Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Microfiber Synthetic Suede Leather Market Size (000 Units) and Y-o-Y Growth
4.5.3. Microfiber Synthetic Suede Leather Market Absolute $ Opportunity
5. Global Microfiber Synthetic Suede Leather Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Microfiber Synthetic Suede Leather Market Size and Volume Forecast by Type
5.3.1. Single Leather
5.3.2. Double-Sided Leather
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Microfiber Synthetic Suede Leather Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Microfiber Synthetic Suede Leather Market Size and Volume Forecast by Application
6.3.1. Shoes & Clothes
6.3.2. Furniture
6.3.3. Automotive Trim
6.3.4. Case & Bag
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Microfiber Synthetic Suede Leather Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Microfiber Synthetic Suede Leather Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Microfiber Synthetic Suede Leather Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Microfiber Synthetic Suede Leather Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Microfiber Synthetic Suede Leather Demand Share Forecast, 2019-2026
9. North America Microfiber Synthetic Suede Leather Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Microfiber Synthetic Suede Leather Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Microfiber Synthetic Suede Leather Market Size and Volume Forecast by Application
9.4.1. Shoes & Clothes
9.4.2. Furniture
9.4.3. Automotive Trim
9.4.4. Case & Bag
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Microfiber Synthetic Suede Leather Market Size and Volume Forecast by Type
9.7.1. Single Leather
9.7.2. Double-Sided Leather
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Microfiber Synthetic Suede Leather Demand Share Forecast, 2019-2026
10. Latin America Microfiber Synthetic Suede Leather Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Microfiber Synthetic Suede Leather Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Microfiber Synthetic Suede Leather Market Size and Volume Forecast by Application
10.4.1. Shoes & Clothes
10.4.2. Furniture
10.4.3. Automotive Trim
10.4.4. Case & Bag
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Microfiber Synthetic Suede Leather Market Size and Volume Forecast by Type
10.7.1. Single Leather
10.7.2. Double-Sided Leather
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Microfiber Synthetic Suede Leather Demand Share Forecast, 2019-2026
11. Europe Microfiber Synthetic Suede Leather Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Microfiber Synthetic Suede Leather Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Microfiber Synthetic Suede Leather Market Size and Volume Forecast by Application
11.4.1. Shoes & Clothes
11.4.2. Furniture
11.4.3. Automotive Trim
11.4.4. Case & Bag
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Microfiber Synthetic Suede Leather Market Size and Volume Forecast by Type
11.7.1. Single Leather
11.7.2. Double-Sided Leather
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Microfiber Synthetic Suede Leather Demand Share, 2019-2026
12. Asia Pacific Microfiber Synthetic Suede Leather Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Microfiber Synthetic Suede Leather Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Microfiber Synthetic Suede Leather Market Size and Volume Forecast by Application
12.4.1. Shoes & Clothes
12.4.2. Furniture
12.4.3. Automotive Trim
12.4.4. Case & Bag
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Microfiber Synthetic Suede Leather Market Size and Volume Forecast by Type
12.7.1. Single Leather
12.7.2. Double-Sided Leather
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Microfiber Synthetic Suede Leather Demand Share, 2019-2026
13. Middle East & Africa Microfiber Synthetic Suede Leather Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Microfiber Synthetic Suede Leather Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Microfiber Synthetic Suede Leather Market Size and Volume Forecast by Application
13.4.1. Shoes & Clothes
13.4.2. Furniture
13.4.3. Automotive Trim
13.4.4. Case & Bag
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Microfiber Synthetic Suede Leather Market Size and Volume Forecast by Type
13.7.1. Single Leather
13.7.2. Double-Sided Leather
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Microfiber Synthetic Suede Leather Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Microfiber Synthetic Suede Leather Market: Market Share Analysis
14.2. Microfiber Synthetic Suede Leather Distributors and Customers
14.3. Microfiber Synthetic Suede Leather Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Huafon Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Kuraray
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. TORAY
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hexin Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Asahi Kasei
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Kolon Industries
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sanfang
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Wanhua Micro Fiber
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Meisheng Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sanling Micro Fiber
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Ecolorica
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Tongda Island
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Topsun Micro Fiber
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Wuxi Double Elephant
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook