The global synthetic leather for furniture 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 furniture industry due to its durability and low maintenance cost. Synthetic leather has been used in furniture industry as an alternative to natural leather because it does not require any animal skin or hide, which reduces the risk of animal cruelty and environmental pollution caused by tanning process. Moreover, synthetic leather can be easily recycled and reused without any loss in quality or performance, which makes it more sustainable than natural leather.
PVC Leather accounted for the largest share of this market in 2018 owing to its high durability and low maintenance cost compared with PU Leathers. PVC Leather is also preferred over PU Leathers because it does not contain harmful chemicals such as formaldehyde that are used during production process of PU Leathers; hence, PVC Leather is considered safer than PU Leathers from health perspective.
North America dominated this market with a share of 39% in 2018 owing to high demand for synthetic leather from household sector due to its durability and low maintenance cost compared with natural leather products such as sofas, chairs etc, whereas Europe accounted for 31% share due to high demand from commercial sector such as hotels etc, Latin America accounted for 18%, Asia Pacific accounted for 12%, Middle East & Africa accounted for 5%.
Some Of The Growth Factors Of This Market:
- One of the key factors driving this market is the increasing demand for furniture with synthetic leather upholstery.
- One of the key factors hindering this market is that synthetic leather upholstery can be difficult to clean and maintain compared to natural leather upholstery.
- Another factor driving this market is that synthetic leather has a lower environmental impact than natural leather due to its ability to be recycled and not require animal slaughtering or tanning processes which are harmful for the environment and human health as well as being expensive and time-consuming processes which can also lead to waste water pollution if not done properly.
Industry Growth Insights published a new data on “Synthetic Leather For Furniture Market”. The research report is titled “Synthetic Leather For Furniture Market research by Types (PVC Leather, PU Leather, Others), By Applications (Household, Commercial Use), By Players/Companies Wenzhou Imitation Leather, Hornschuch, Kuraray, Toray, Teijin, Nassimi, Willow Tex, Nilco, Anli Group, Hexin Group, Fujian Tianshou, Shuangxiang Group”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Synthetic Leather For Furniture Market Research Report
By Type
PVC Leather, PU Leather, Others
By Application
Household, Commercial Use
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Synthetic Leather For Furniture Market Report Segments:
The global Synthetic Leather For Furniture market is segmented on the basis of:
Types
PVC Leather, PU Leather, Others
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 Use
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 Synthetic Leather For 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:
- PVC Leather
- PU Leather
- Others
- By Application:
- Household
- Commercial Use
- 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 Synthetic Leather For 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?
Synthetic leather is a type of leather that is made from synthetic materials. It is often considered to be a cheaper alternative to real leather, and it can sometimes have a different smell than real leather.
Some of the key players operating in the synthetic leather for furniture market are Wenzhou Imitation Leather, Hornschuch, Kuraray, Toray, Teijin, Nassimi, Willow Tex, Nilco, Anli Group, Hexin Group, Fujian Tianshou, Shuangxiang Group.
The synthetic leather for furniture market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Synthetic Leather For Furniture 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. Synthetic Leather For Furniture Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Synthetic Leather For Furniture Market - Supply Chain
4.5. Global Synthetic Leather For Furniture Market Forecast
4.5.1. Synthetic Leather For Furniture Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Synthetic Leather For Furniture Market Size (000 Units) and Y-o-Y Growth
4.5.3. Synthetic Leather For Furniture Market Absolute $ Opportunity
5. Global Synthetic Leather For Furniture 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. Synthetic Leather For Furniture Market Size and Volume Forecast by Type
5.3.1. PVC Leather
5.3.2. PU Leather
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Synthetic Leather For Furniture 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. Synthetic Leather For Furniture Market Size and Volume Forecast by Application
6.3.1. Household
6.3.2. Commercial Use
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Synthetic Leather For Furniture 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. Synthetic Leather For Furniture 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 Synthetic Leather For Furniture 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. Synthetic Leather For Furniture 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 Synthetic Leather For Furniture Demand Share Forecast, 2019-2026
9. North America Synthetic Leather For Furniture 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 Synthetic Leather For Furniture 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 Synthetic Leather For Furniture Market Size and Volume Forecast by Application
9.4.1. Household
9.4.2. Commercial Use
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Synthetic Leather For Furniture Market Size and Volume Forecast by Type
9.7.1. PVC Leather
9.7.2. PU Leather
9.7.3. Others
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 Synthetic Leather For Furniture Demand Share Forecast, 2019-2026
10. Latin America Synthetic Leather For Furniture 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 Synthetic Leather For Furniture 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 Synthetic Leather For Furniture Market Size and Volume Forecast by Application
10.4.1. Household
10.4.2. Commercial Use
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Synthetic Leather For Furniture Market Size and Volume Forecast by Type
10.7.1. PVC Leather
10.7.2. PU Leather
10.7.3. Others
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 Synthetic Leather For Furniture Demand Share Forecast, 2019-2026
11. Europe Synthetic Leather For Furniture 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 Synthetic Leather For Furniture 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 Synthetic Leather For Furniture Market Size and Volume Forecast by Application
11.4.1. Household
11.4.2. Commercial Use
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Synthetic Leather For Furniture Market Size and Volume Forecast by Type
11.7.1. PVC Leather
11.7.2. PU Leather
11.7.3. Others
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 Synthetic Leather For Furniture Demand Share, 2019-2026
12. Asia Pacific Synthetic Leather For Furniture 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 Synthetic Leather For Furniture 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 Synthetic Leather For Furniture Market Size and Volume Forecast by Application
12.4.1. Household
12.4.2. Commercial Use
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Synthetic Leather For Furniture Market Size and Volume Forecast by Type
12.7.1. PVC Leather
12.7.2. PU Leather
12.7.3. Others
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 Synthetic Leather For Furniture Demand Share, 2019-2026
13. Middle East & Africa Synthetic Leather For Furniture 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 Synthetic Leather For Furniture 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 Synthetic Leather For Furniture Market Size and Volume Forecast by Application
13.4.1. Household
13.4.2. Commercial Use
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Synthetic Leather For Furniture Market Size and Volume Forecast by Type
13.7.1. PVC Leather
13.7.2. PU Leather
13.7.3. Others
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 Synthetic Leather For Furniture Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Synthetic Leather For Furniture Market: Market Share Analysis
14.2. Synthetic Leather For Furniture Distributors and Customers
14.3. Synthetic Leather For Furniture Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Wenzhou Imitation Leather
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hornschuch
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Kuraray
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Toray
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
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Nassimi
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Willow Tex
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Nilco
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Anli 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. Hexin 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. Fujian Tianshou
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Shuangxiang Group
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
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
