El cuero sintético, comúnmente conocido como cuero falso, tiene cualidades de vanguardia, como un mantenimiento sencillo, resistencia a los rayos UV, alta resistencia, más dúctil y acabado de alto brillo. El precio de los productos creados con cuero sintético es comparable al del cuero natural. Debido al teñido y a los tratamientos adicionales, el cuero sintético se parece al cuero natural. En su fabricación se utiliza poliuretano o cloruro de polivinilo.
El crecimiento del mercado mundial del cuero sintético se debe principalmente a factores como el aumento de la concienciación y la importancia que se le da a la crueldad hacia los animales, el desarrollo de la industria del comercio electrónico , el aumento de los ingresos disponibles, el aumento de la demanda de artículos de lujo, el aumento de la concienciación sobre las ventajas del cuero sintético frente al cuero natural y el aumento de la demanda de la industria del calzado. La expansión del mercado se ve obstaculizada por los elevados aranceles de importación e impuestos, así como por las consecuencias negativas del PVC. Por otro lado, se prevé que los participantes del mercado se beneficien de la mayor atención al desarrollo del cuero de origen biológico.
El cuero natural procede de animales sacrificados, por lo que implica crueldad animal. Para defender los derechos de los animales, numerosos gobiernos han aprobado numerosas leyes y reglamentos. Las restricciones legales a los derechos de los animales son ahora un gran impedimento para quienes fabrican cuero natural. La demanda de sustitutos del cuero ha aumentado como resultado de la creciente conciencia pública sobre el sufrimiento animal, que se ha visto impulsada por iniciativas apoyadas por grupos como PETA. Debido a un creciente desajuste entre la oferta y la demanda en el mercado del cuero auténtico, los fabricantes están recurriendo cada vez más al cuero sintético.
The cheaper cost of production for synthetic leather is a crucial factor driving its uptake. Compared to natural leather, synthetic leather is less expensive and easier to manufacture. As a result, investments in synthetic leather have increased, helping the product gain traction in the market. Activities used in the production of natural leather, notably tanning, harm the environment. Cost is another important element influencing the shift in demand for synthetic leather. Government rules and environmental legislation have contributed to the rise in popularity of synthetic leather.
Among other basic materials for synthetic leather, polyvinyl chloride and polyurethane are harmful to the environment, animal health, and human health. Real asthma attacks can be brought on by polyurethane isocyanate irritation of the lungs. Breathing becomes more difficult since it affects the epidermis. In polyurethane production plants, workers frequently breathe in polyurethane fumes, which can make them queasy, sick, and dizzy.
The production procedure for bio-based imitation leather doesn't have any negative effects on the environment. The primary focus of producers should be synthetic leather made from natural fibers like flax or cotton combined with corn, palm or soybean, among others. In reality, the production of "Pinatex," a revolutionary synthetic leather product, uses pineapple fruit leaves. The elastic and sturdy fiber in these pineapple leaves makes them ideal for use in the manufacturing process.
A surge in shipment and demand for products amid the current COVID-19 epidemic is expected to enhance synthetic leather import and export. Since the reopening of nation borders is assisting in resolving logistical and transportation challenges due to strict standards being followed during the transit of raw materials, manufacturers in the synthetic leather market are taking advantage of this opportunity. Manufacturers are utilizing sales channels through eCommerce and online shopping applications to improve product adoption due to customers' purchasing power has declined as a result of the global economic recession. They are doing contingency planning in order to prevent disruptions in client demand, material supply, and the availability of logistics services.
| ATTRIBUTE | DETAILS |
| Study period | 2020-2029 |
| Base year | 2021 |
| Estimated year | 2022 |
| Forecasted year | 2022-2029 |
| Historical period | 2018-2020 |
| Unit | Value (USD Billion), (Million Meter). |
| Segmentation | By Type, By Application, By Region. |
| By Type |
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| By Application |
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| By Region |
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The synthetic leather (artificial leather) market is expected to grow at 4.81 % CAGR from 2022 to 2029. It is expected to reach above USD 97.07 billion by 2029 from USD 63.6 billion in 2020.
Asia Pacific held more than 40% of the synthetic leather (artificial leather) market revenue share in 2021 and will witness expansion in the forecast period.
The growth of the global synthetic leather market is primarily being driven by factors including an increase in awareness of and importance placed on animal cruelty, the development of the e-commerce industry, an increase in disposable income, an increase in demand for luxury goods, an increase in awareness of the advantages of synthetic leather over natural leather, and an increase in demand from the footwear industry.
The synthetic leather (artificial leather) market key players includes Kuraray Co. Ltd, R. Polycoats Pvt. Ltd, Alfatex Italia SRL, Filwel Co. Ltd, Yantai Wanhua Synthetic Leather Group Co. Ltd, San Fang Chemical Industry Co. Ltd, Mayur Uniquoters Limited, Nan Ya Plastics Corporation, Zhejiang Hexin Industry Group Co. Ltd, Teijin Limited.
More than 30.0% of global revenue in 2021 came from the market's largest category, footwear. Its use is edging closer towards that of genuine leather, which is replacing its use in handbags, briefcases, car interiors, and clothes. The demand for footwear has increased as a result of rising income levels and economic expansion, particularly in emerging economies.
Asia Pacific is the largest regional market for synthetic leather (artificial leather) market.
In 2021, the PU synthetic leather category dominated the market and accounted for more than 55.0% of total sales. In terms of product quality, diversity, and yield, it has been experiencing encouraging growth. In comparison to real skins, polyurethane is more easily damaged and dry cleaned while also being waterproof, softer, and lighter. Additionally, sunshine has no impact on it.
More than 30.0% of global revenue in 2021 came from the market's largest category, footwear. Its use is edging closer towards that of genuine leather, which is replacing its use in handbags, briefcases, car interiors, and clothes. The demand for footwear has increased as a result of rising income levels and economic expansion, particularly in emerging economies.
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The synthetic leather (artificial leather) market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).
In 2021, the Asia Pacific region dominated the market and generated more than 40.0% of global revenue. The three main economies in APAC likely to drive growth are China, India, and South Korea. The market will have plenty of chances as a result of rising disposable income and population growth. When it comes to sales and production, China is one of the major markets for leather. The country's manufacturing production, however, has been negatively impacted by the coronavirus outbreak. To stop the virus from spreading, several manufacturers have either shut down or reduced their production.
Due to the saturation of more well-known domestic fashion companies, the market in North America is anticipated to expand slowly. There have been growth restrictions in the leather sector as a result of growing concerns from animal rights organisations like PETA, WWF, and a few others. As a result, there has been an increase in demand for synthetic leather products in the area. Due to the thriving automobile and consumer appliance industries throughout the continent, the European market experienced significant growth. Governments in the area are concentrating on bio-based, affordable, and durable products in the midst of the global economic crisis.
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