Global Synthetic Leather For Furniture Sales Market Report 2022

Synthetic Leather for Furniture Market 

Due to the COVID-19 pandemic, the global Synthetic Leather For Furniture market size is estimated to be worth USD 9738.8 million in 2021 and is forecast to a readjusted size of USD 9738.8 million by 2028 with a CAGR of 6.5% during the review period.

Synthetic Leather is a manmade fabric that looks like leather. It has leather like surface and is dyed and treated to make it have the look and feel of real leather. It is often used as a substitute for real leather because it is less expensive and it does not require using a real animal hide to create.

Synthetic Leather was first produced near the turn of the century. The insufficient supplies and high cost of genuine leather brought about the demand for Synthetic Leather. Synthetic Leather has gradually replaced genuine leather in many fields. Over the past few decades, the demand for high quality Synthetic Leather has increased tremendously.

Though there are a number of materials used to produce Synthetic Leather, PU and PVC remain the most commonly used choices in market. PU Synthetic Leather is more flexible and has a much higher tensile, tearing and bursting strength. Furthermore, whereas PVC Synthetic Leather can only be used to make items with a low stress tolerance, PU Synthetic Leather can be used to make a wide variety of products which must be made from strong materials with a high stress tolerance such as boots, shoes bags, luggage, belts, gloves, and upholstery for furniture and car seats.

Fully considering the economic change by this health crisis, by Type accounting for % of the Synthetic Leather For Furniture global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period.

While by Type segment is altered to an % CAGR throughout this forecast period.

Synthetic Leather for Furniture Market Share

The market is very fragmented. Some of the prominent players in the market are Hornschuch, Kuraray, Toray, Teijin, Nassimi, Willow Tex, Nilco, Wenzhou Imitation Leather, Anli Group, Hexin Group, Fujian Tianshou and Shuangxiang Group, with about 14% market shares.

The global Synthetic Leather For Furniture market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Synthetic Leather For Furniture market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.

By Type

• PVC Leather
• PU Leather
• Others

By Application

• Household
• Commercial

By Region

• United States
• Europe
• China
• Japan
• Southeast Asia
• India
• Other Regions

By Co

• Hornschuch
• Kuraray
• Toray
• Teijin
• Nassimi
• Willow Tex
• Nilco
• Wenzhou Imitation Leather
• Anli Group
• Hexin Group
• Fujian Tianshou
• Shuangxiang Group