Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global PU Microfiber Leather Market by Type (Solvent PU Microfiber Leather, Water-based PU Microfiber Leather), By Application (Shoes & Clothes, Furniture, Automotive Trim, Case & Bag, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global PU Microfiber Leather Market by Type (Solvent PU Microfiber Leather, Water-based PU Microfiber Leather), By Application (Shoes & Clothes, Furniture, Automotive Trim, Case & Bag, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 144491 3300 Chemical & Material 377 241 Pages 5 (44)
                                          

The global PU microfiber 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 can be attributed to the increasing demand for PU microfiber leather in various applications such as shoes and clothes, furniture, automotive trim, and case & bag. The major factors driving the growth of this market are increasing demand for PU microfiber leather in various applications such as shoes and clothes, furniture, automotive trim, and case & bag; growing awareness about environmental sustainability; high durability; low maintenance cost; easy availability of raw materials; and low production cost. However, high price is a major factor restraining the growth of this market. Solvent PU Microfiber Leather accounted for more than 50% share in 2017 owing to its wide application scope across different industries such as footwear & clothing industry (shoes & clothes), furniture industry (furniture), automotive industry (automotive trims) etc, which are expected to drive its demand over the forecast period. Watebased PU Microfiber Leather is expected to witness significant growth owing to its eco-friendly nature that makes it an attractive option among consumers who are concerned about their environment’s health.

  1. The PU Microfiber Leather market is driven by the increasing demand for leather substitutes in the automotive industry.
  2. The PU Microfiber Leather market is also driven by the increasing demand for leather substitutes in furniture and upholstery industries.
  3. Increasing disposable income levels and changing lifestyles are driving the growth of this market.
  4. Increasing awareness about environmental issues and sustainability are also driving this market.

Industry Growth Insights published a new data on “PU Microfiber Leather Market”. The research report is titled “PU Microfiber Leather Market research by Types (Solvent PU Microfiber Leather, Water-based PU Microfiber Leather), By Applications (Shoes & Clothes, Furniture, Automotive Trim, Case & Bag, Others), By Players/Companies Huafon Group, KURARAY, TORAY, Hexin Group, Teijin Cordley, Asahi Kasei, Kolon Industries, Sanfang, Wanhua Micro Fiber, Meisheng Group, FILWEL, Sanling Micro Fiber, SISA, Ecolorica, Seiren, Rishabh Velveleen, Tongda Island, Topsun Micro Fiber, Xiangyu Xinghong”.

Scope Of The Report

Report Attributes

Report Details

Report Title

PU Microfiber Leather Market Research Report

By Type

Solvent PU Microfiber Leather, Water-based PU Microfiber Leather

By Application

Shoes & Clothes, Furniture, Automotive Trim, Case & Bag, Others

By Companies

Huafon Group, KURARAY, TORAY, Hexin Group, Teijin Cordley, Asahi Kasei, Kolon Industries, Sanfang, Wanhua Micro Fiber, Meisheng Group, FILWEL, Sanling Micro Fiber, SISA, Ecolorica, Seiren, Rishabh Velveleen, Tongda Island, Topsun Micro Fiber, Xiangyu Xinghong

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

241

Number of Tables & Figures

169

Customization Available

Yes, the report can be customized as per your need.


Global PU Microfiber Leather Industry Outlook


Global PU Microfiber Leather Market Report Segments:

The global PU Microfiber Leather market is segmented on the basis of:

Types

Solvent PU Microfiber Leather, Water-based PU Microfiber 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:

  1. Huafon Group
  2. KURARAY
  3. TORAY
  4. Hexin Group
  5. Teijin Cordley
  6. Asahi Kasei
  7. Kolon Industries
  8. Sanfang
  9. Wanhua Micro Fiber
  10. Meisheng Group
  11. FILWEL
  12. Sanling Micro Fiber
  13. SISA
  14. Ecolorica
  15. Seiren
  16. Rishabh Velveleen
  17. Tongda Island
  18. Topsun Micro Fiber
  19. Xiangyu Xinghong

Global PU Microfiber Leather Market Overview


Highlights of The PU Microfiber Leather Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Solvent PU Microfiber Leather
    2. Water-based PU Microfiber Leather
  1. By Application:

    1. Shoes & Clothes
    2. Furniture
    3. Automotive Trim
    4. Case & Bag
    5. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the PU Microfiber 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.

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

Global PU Microfiber Leather Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


PU microfiber leather is a type of synthetic leather that is made up of tiny, closely-packed fibers. This type of leather is often used to make wallets, purses, and other small items because it's lightweight and durable.

Some of the key players operating in the pu microfiber leather market are Huafon Group, KURARAY, TORAY, Hexin Group, Teijin Cordley, Asahi Kasei, Kolon Industries, Sanfang, Wanhua Micro Fiber, Meisheng Group, FILWEL, Sanling Micro Fiber, SISA, Ecolorica, Seiren, Rishabh Velveleen, Tongda Island, Topsun Micro Fiber, Xiangyu Xinghong.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. PU Microfiber 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. PU Microfiber Leather Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. PU Microfiber Leather Market - Supply Chain
   4.5. Global PU Microfiber Leather Market Forecast
      4.5.1. PU Microfiber Leather Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. PU Microfiber Leather Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. PU Microfiber Leather Market Absolute $ Opportunity

5. Global PU Microfiber 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. PU Microfiber Leather Market Size and Volume Forecast by Type
      5.3.1. Solvent PU Microfiber Leather
      5.3.2. Water-based PU Microfiber Leather
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global PU Microfiber 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. PU Microfiber 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 PU Microfiber 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. PU Microfiber 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 PU Microfiber 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. PU Microfiber 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 PU Microfiber Leather Demand Share Forecast, 2019-2026

9. North America PU Microfiber 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 PU Microfiber 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 PU Microfiber 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 PU Microfiber Leather Market Size and Volume Forecast by Type
      9.7.1. Solvent PU Microfiber Leather
      9.7.2. Water-based PU Microfiber 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 PU Microfiber Leather Demand Share Forecast, 2019-2026

10. Latin America PU Microfiber 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 PU Microfiber 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 PU Microfiber 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 PU Microfiber Leather Market Size and Volume Forecast by Type
      10.7.1. Solvent PU Microfiber Leather
      10.7.2. Water-based PU Microfiber 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 PU Microfiber Leather Demand Share Forecast, 2019-2026

11. Europe PU Microfiber 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 PU Microfiber 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 PU Microfiber 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 PU Microfiber Leather Market Size and Volume Forecast by Type
      11.7.1. Solvent PU Microfiber Leather
      11.7.2. Water-based PU Microfiber Leather
   11.8. Basis Poin 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 PU Microfiber Leather Demand Share, 2019-2026

12. Asia Pacific PU Microfiber 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 PU Microfiber 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 PU Microfiber 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 PU Microfiber Leather Market Size and Volume Forecast by Type
      12.7.1. Solvent PU Microfiber Leather
      12.7.2. Water-based PU Microfiber 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 PU Microfiber Leather Demand Share, 2019-2026

13. Middle East & Africa PU Microfiber 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 PU Microfiber 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 PU Microfiber 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 PU Microfiber Leather Market Size and Volume Forecast by Type
      13.7.1. Solvent PU Microfiber Leather
      13.7.2. Water-based PU Microfiber 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 PU Microfiber Leather Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global PU Microfiber Leather Market: Market Share Analysis
   14.2. PU Microfiber Leather Distributors and Customers
   14.3. PU Microfiber 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. Teijin Cordley
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Asahi Kasei
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Kolon Industries
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Sanfang
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Wanhua Micro Fiber
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Meisheng Group
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. FILWEL
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Sanling Micro Fiber
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. SISA
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. Ecolorica
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. Seiren
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. Rishabh Velveleen
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. Tongda Island
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. Topsun Micro Fiber
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. Xiangyu Xinghong
         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

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