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Global PU and PVC Leather Market Size,Trends, Growth Forecast to 2031

Category : Chemicals & Materials | Report Code : 715 | Pages : 141 | Oct 2024

Report Overview

PU and PVC Leather is a material designed to mimic the appearance and texture of natural leather, widely used in various applications such as clothing, footwear, handbags, furniture, and automotive interiors. It is typically made from polyvinyl chloride (PVC), polyurethane (PU), or other synthetic resins. Compared to genuine leather, PU and PVC Leather offers several advantages, including lower production costs, ease of cleaning and maintenance, and a wider variety of colors and textures. Additionally, because it does not require animal sources, it is often favored for its animal welfare and environmental benefits. Although PU and PVC Leather may closely resemble real leather in appearance and feel, its durability and breathability are often inferior. However, with advancements in material science, many new types of PU and PVC Leather are continually improving, becoming increasingly comparable to natural leather. The applications of PU and PVC Leather are also expanding, particularly in the fashion industry, where designers explore its innovative potential to meet the demand for sustainable practices.

The global PU and PVC Leather market size is projected to grow from US$ 19710 million in 2024 to US$ 29160 million in 2030; it is expected to grow at a CAGR of 6.7% from 2024 to 2030.

Analytic Insights Hub' newest research report, the “PU and PVC Leather Industry Forecast” looks at past sales and reviews total world PU and PVC Leather sales in 2023, providing a comprehensive analysis by region and market sector of projected PU and PVC Leather sales for 2024 through 2030. With PU and PVC Leather sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world PU and PVC Leather industry.

This Insight Report provides a comprehensive analysis of the global PU and PVC Leather landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on PU and PVC Leather portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global PU and PVC Leather market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for PU and PVC Leather and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global PU and PVC Leather.

United States market for PU and PVC Leather is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for PU and PVC Leather is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for PU and PVC Leather is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key PU and PVC Leather players cover Kuraray, Toray, Teijin, Covestro (Bayer), Shian Microfiber, etc. In terms of revenue, the global two largest companies occupied for a share nearly 
 % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of PU and PVC Leather market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
    PVC Leather
    Normal PU Leather
    Microfiber PU Leather
    Ecological function PU Leather

Segmentation by Application:
    Apparel & Accessories
    Furnishing
    Automotive
    Sports Goods
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
    Kuraray
    Toray
    Teijin
    Covestro (Bayer)
    Shian Microfiber
    Zhejiang Haobo (Wangkang Group)
    Asahi Kasei
    Duksung
    Daewon Chemical
    Filwel
    Kolon
    San Fang Chemical
    Nanya
    Wenzhou Imitation Leather
    Anhui Anli
    Fujian Tianshou
    Vulcaflex
    Yantai Wanhua
    Shandong Tongda
    Hexin Holdings
    Xiefu New Materials
    Huafon Microfibre
    Double Elephant
    Fujian Topsun
    Benecke-Kaliko
    Kyowa
    Archilles
    CGT
    Ultrafabrics Holdings

Key Questions Addressed in this Report
What is the 10-year outlook for the global PU and PVC Leather market?
What factors are driving PU and PVC Leather market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do PU and PVC Leather market opportunities vary by end market size?
How does PU and PVC Leather break out by Type, by Application?

Frequently Asked Questions?

Ans - The purpose of a PU and PVC Leather market research report is to provide data-driven insights and analysis on a PU and PVC Leather market. It helps businesses understand industry trends, competition, consumer behavior, market size, growth potential, and risks, supporting strategic decision-making.

Ans - Market research reports typically include both quantitative (market size, revenue, growth rates) and qualitative (trends, consumer preferences, competitive analysis) data. It often includes industry statistics, surveys, expert opinions, historical data, and future forecasts.

Ans - The forecast period typically for PU and PVC Leather market report spans the next 5 to 10 years. It includes projected market trends, growth opportunities, and potential challenges.

Ans - Yes, Analytic Insights Hub customization services, allowing businesses to focus on specific geographies, sectors, or market segments that are relevant to them.

Ans - The report highlights major trends such as technological innovations, consumer behavior shifts, regulatory changes, or emerging markets that may impact the industry?s growth.