Asia-Pacific Synthetic Leather Market Forecast 2023-2032

Publisher Name :
Date: 02-Jan-2023
No. of pages: 158

KEY FINDINGS

The Asia-Pacific synthetic leather market is expected to accelerate with a 7.01% CAGR and 7.24% CAGR in volume and revenue, respectively, during the assessment period 2023-2032. Accessibility to a large number of skilled labor at a low cost and the presence of several global market players boost the market growth.

MARKET INSIGHTS

The Asia-Pacific synthetic leather market growth evaluation entails the analysis of Thailand, India, South Korea, Indonesia, Vietnam, China, Japan, Australia & New Zealand, and Rest of Asia-Pacific. India's market is expanding quickly as a result of numerous government initiatives. Along with adopting different efforts, like the creation of leather parks, to improve the sector's infrastructure, the Indian government is also offering incentives to domestic producers to encourage the expansion of the leather manufacturing industry. Besides, consumers' awareness of animal welfare and the nation's growing demand from the footwear and leather industries are expected to drive the synthetic leather market.

Besides, in Indonesia, synthetic leather is one of the most commonly used materials in Indonesia's fashion industry, and other materials like linen, rayon, denim, satin, nylon, cotton, and many more. Various designs of synthetic leather footwear and other products have emerged and have made the synthetic leather industry more competitive in the nation. The resistance of the synthetic leather material makes it more favored by many to be included in their everyday style. As a result, the synthetic leather industry constantly grows when several luxurious brands utilize synthetic leather as their main material.

COMPETITIVE INSIGHTS

Leading market players include Kuraray Co Ltd, San Fang Chemical Industry Co Ltd, etc.

Our report offerings include:

- Explore key findings of the overall market

- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)

- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions

- Market Segmentation caters to a thorough assessment of key segments with their market estimations

- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share

- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.

- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.

- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Asia-Pacific Synthetic Leather Market Forecast 2023-2032

Table Of Contents

1. Research Scope & Methodology
1.1. Study Objectives
1.2. Methodology
1.3. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
2.3. Scope Of Study
2.4. Crisis Scenario Analysis
2.5. Major Market Findings
2.5.1. Adoption Of Vegan-Based Leather Across The Fashion Industry
2.5.2. Surging Use Of Synthetic Leather By Automotive Giants
2.5.3. Myth That Synthetic Leather Is More Eco-Friendly Than Real Leather
3. Market Dynamics
3.1. Key Drivers
3.1.1. Increase In Demand From Various End Use Industries
3.1.2. Tectonic Shift Toward The Adoption Of Animal-Free And Sustainable Products
3.1.3. Cheaper And More Affordable Alternative To Natural Leather
3.2. Key Restraints
3.2.1. Concerns Regarding The Use Of Pvc And Pu
3.2.2. Fundamental Differences From Natural Counterparts
4. Key Analytics
4.1. Parent Market Analysis
4.2. Manufacturing Technology Snapshot
4.2.1. Wet Process
4.2.2. Transfer Coating Technology
4.3. Key Market Trends
4.4. Porter's Five Forces Analysis
4.4.1. Buyers Power
4.4.2. Suppliers Power
4.4.3. Substitution
4.4.4. New Entrants
4.4.5. Industry Rivalry
4.5. Growth Prospect Mapping
4.5.1. Growth Prospect Mapping For India
4.6. Market Maturity Analysis
4.7. Market Concentration Analysis
4.8. Value Chain Analysis
4.8.1. Raw Material Suppliers
4.8.2. Manufacturers
4.8.3. Distributors
4.8.4. End Use
4.9. Key Buying Criteria
4.9.1. Raw Material
4.9.2. Durability
4.9.3. Cost
5. Market By Product
5.1. Polyurethane (Pu)
5.1.1. Market Forecast Figure
5.1.2. Segment Analysis
5.2. Polyvinyl Chloride (Pvc)
5.2.1. Market Forecast Figure
5.2.2. Segment Analysis
5.3. Bio-Based
5.3.1. Market Forecast Figure
5.3.2. Segment Analysis
6. Market By Application
6.1. Footwear
6.1.1. Market Forecast Figure
6.1.2. Segment Analysis
6.2. Automotive
6.2.1. Market Forecast Figure
6.2.2. Segment Analysis
6.3. Furnishing
6.3.1. Market Forecast Figure
6.3.2. Segment Analysis
6.4. Clothing
6.4.1. Market Forecast Figure
6.4.2. Segment Analysis
6.5. Bags & Wallets
6.5.1. Market Forecast Figure
6.5.2. Segment Analysis
6.6. Other Applications
6.6.1. Market Forecast Figure
6.6.2. Segment Analysis
7. Geographical Analysis
7.1. Asia-Pacific
7.1.1. Market Estimates & Sizes
7.1.2. Asia-Pacific Synthetic Leather Market Drivers
7.1.3. Asia-Pacific Synthetic Leather Market Challenges
7.1.4. Asia-Pacific Synthetic Leather Market Regulatory Framework
7.1.5. Key Players
7.1.6. Country Analysis
7.1.6.1. China
7.1.6.1.1. China Synthetic Leather Market Size & Opportunities
7.1.6.2. Japan
7.1.6.2.1. Japan Synthetic Leather Market Size & Opportunities
7.1.6.3. India
7.1.6.3.1. India Synthetic Leather Market Size & Opportunities
7.1.6.4. South Korea
7.1.6.4.1. South Korea Synthetic Leather Market Size & Opportunities
7.1.6.5. Indonesia
7.1.6.5.1. Indonesia Synthetic Leather Market Size & Opportunities
7.1.6.6. Thailand
7.1.6.6.1. Thailand Synthetic Leather Market Size & Opportunities
7.1.6.7. Vietnam
7.1.6.7.1. Vietnam Synthetic Leather Market Size & Opportunities
7.1.6.8. Australia & New Zealand
7.1.6.8.1. Australia & New Zealand Synthetic Leather Market Size & Opportunities
7.1.6.9. Rest Of Asia-Pacific
7.1.6.9.1. Rest Of Asia-Pacific Synthetic Leather Market Size & Opportunities
8. Competitive Landscape
8.1. Key Strategic Developments
8.1.1. Acquisitions
8.1.2. Product Launches & Developments
8.1.3. Partnerships & Agreements
8.1.4. Business Divestitures & Expansions
8.2. Company Profiles
8.2.1. Achilles Usa Inc
8.2.1.1. Company Overview
8.2.1.2. Financial Analysis
8.2.1.3. Products
8.2.1.4. Strengths & Challenges
8.2.2. Alfatex Italia Srl
8.2.2.1. Company Overview
8.2.2.2. Financial Analysis
8.2.2.3. Products
8.2.2.4. Strengths & Challenges
8.2.3. Basf Se
8.2.3.1. Company Overview
8.2.3.2. Financial Analysis
8.2.3.3. Products
8.2.3.4. Strengths & Challenges
8.2.4. Filwel Co Ltd
8.2.4.1. Company Overview
8.2.4.2. Products
8.2.5. Hr Polycoats Pvt Ltd
8.2.5.1. Company Overview
8.2.5.2. Financial Analysis
8.2.5.3. Products
8.2.5.4. Strengths & Challenges
8.2.6. Kuraray Co Ltd
8.2.6.1. Company Overview
8.2.6.2. Financial Analysis
8.2.6.3. Products
8.2.6.4. Strengths & Challenges
8.2.7. Mayur Uniquoters Limited
8.2.7.1. Company Overview
8.2.7.2. Financial Analysis
8.2.7.3. Products
8.2.7.4. Strengths & Challenges
8.2.8. Nan Ya Plastics Corporation Inc
8.2.8.1. Company Overview
8.2.8.2. Financial Analysis
8.2.8.3. Products
8.2.8.4. Strengths & Challenges
8.2.9. San Fang Chemical Industry Co Ltd
8.2.9.1. Company Overview
8.2.9.2. Financial Analysis
8.2.9.3. Products
8.2.9.4. Strengths & Challenges
8.2.10. Taiwan Pu Corporation
8.2.10.1. Company Overview
8.2.10.2. Products
8.2.11. Tejin Limited
8.2.11.1. Company Overview
8.2.11.2. Financial Analysis
8.2.11.3. Products
8.2.11.4. Strengths & Challenges
8.2.12. Toray Industries Inc
8.2.12.1. Company Overview
8.2.12.2. Financial Analysis
8.2.12.3. Products
8.2.12.4. Strengths & Challenges
8.2.13. Winner Nippon Leatherette Pvt Ltd
8.2.13.1. Company Overview
8.2.13.2. Products
8.2.14. Yantai Wanhua Synthetic Leather Group Co Ltd
8.2.14.1. Company Overview
8.2.14.2. Products
8.2.15. Zhejiang Hexin Holdings Co Ltd
8.2.15.1. Company Overview
8.2.15.2. Products

List Of Tables
Table 1: Market Snapshot - Synthetic Leather
Table 2: Asia-Pacific Synthetic Leather Market, By Product, Historical Years, 2018-2021 (In $ Million)
Table 3: Asia-Pacific Synthetic Leather Market, By Product, Forecast Years, 2023-2032 (In $ Million)
Table 4: Asia-Pacific Synthetic Leather Market, By Product, Historical Years, 2018-2021 (In Million Meters)
Table 5: Asia-Pacific Synthetic Leather Market, By Product, Forecast Years, 2023-2032 (In Million Meters)
Table 6: Asia-Pacific Synthetic Leather Market, By Application, Historical Years, 2018-2021 (In $ Million)
Table 7: Asia-Pacific Synthetic Leather Market, By Application, Forecast Years, 2023-2032 (In $ Million)
Table 8: Asia-Pacific Synthetic Leather Market, By Application, Historical Years, 2018-2021 (In Million Meters)
Table 9: Asia-Pacific Synthetic Leather Market, By Application, Forecast Years, 2023-2032 (In Million Meters)
Table 10: Asia-Pacific Synthetic Leather Market, By Country, Historical Years, 2018-2021 (In $ Million)
Table 11: Asia-Pacific Synthetic Leather Market, By Country, Forecast Years, 2023-2032 (In $ Million)
Table 12: Asia-Pacific Synthetic Leather Market, By Country, Historical Years, 2018-2021 (In Million Meters)
Table 13: Asia-Pacific Synthetic Leather Market, By Country, Forecast Years, 2023-2032 (In Million Meters)
Table 14: Asia-Pacific Synthetic Leather Market Regulatory Framework
Table 15: Leading Players Operating In Asia-Pacific Synthetic Leather Market
Table 16: List Of Acquisitions
Table 17: List Of Product Launches & Developments
Table 18: List Of Partnerships & Agreements
Table 19: List Of Business Expansions & Divestitures

List Of Figures
Figure 1: Manufacturing Technology Snapshot
Figure 2: Key Market Trends
Figure 3: Porter's Five Forces Analysis
Figure 4: Growth Prospect Mapping For India
Figure 5: Market Maturity Analysis
Figure 6: Market Concentration Analysis
Figure 7: Value Chain Analysis
Figure 8: Key Buying Criteria
Figure 9: Asia-Pacific Synthetic Leather Market, Growth Potential, By Product, By Revenue, In 2022
Figure 10: Asia-Pacific Synthetic Leather Market, By Polyurethane (Pu), 2023-2032 (In $ Million)
Figure 11: Asia-Pacific Synthetic Leather Market, By Polyvinyl Chloride (Pvc), 2023-2032 (In $ Million)
Figure 12: Asia-Pacific Synthetic Leather Market, By Bio-Based, 2023-2032 (In $ Million)
Figure 13: Asia-Pacific Synthetic Leather Market, Growth Potential, By Application, In 2022
Figure 14: Asia-Pacific Synthetic Leather Market, By Footwear, 2023-2032 (In $ Million)
Figure 15: Asia-Pacific Synthetic Leather Market, By Automotive, 2023-2032 (In $ Million)
Figure 16: Asia-Pacific Synthetic Leather Market, By Furnishing, 2023-2032 (In $ Million)
Figure 17: Asia-Pacific Synthetic Leather Market, By Clothing, 2023-2032 (In $ Million)
Figure 18: Asia-Pacific Synthetic Leather Market, By Bags & Wallets, 2023-2032 (In $ Million)
Figure 19: Asia-Pacific Synthetic Leather Market, By Other Applications, 2023-2032 (In $ Million)
Figure 20: Asia-Pacific Synthetic Leather Market, Country Outlook, 2022 & 2032 (In%)
Figure 21: China Synthetic Leather Market, 2023-2032 (In $ Million)
Figure 22: Japan Synthetic Leather Market, 2023-2032 (In $ Million)
Figure 23: India Synthetic Leather Market, 2023-2032 (In $ Million)
Figure 24: South Korea Synthetic Leather Market, 2023-2032 (In $ Million)
Figure 25: Indonesia Synthetic Leather Market, 2023-2032 (In $ Million)
Figure 26: Thailand Synthetic Leather Market, 2023-2032 (In $ Million)
Figure 27: Vietnam Synthetic Leather Market, 2023-2032 (In $ Million)
Figure 28: Australia & New Zealand Synthetic Leather Market, 2023-2032 (In $ Million)
Figure 29: Rest Of Asia-Pacific Synthetic Leather Market, 2023-2032 (In $ Million)
Figure 30: Toray Industries Inc, Company Revenue, In 2017-2021 (In $ Million)
Figure 31: Toray Industries Inc, Company Revenue, By Segment, In 2021 (In %)
Figure 32: Toray Industries Inc, Company Revenue, By Geography, In 2021 (In %)
Figure 33: Basf Se, Company Revenue, In 2017-2021 (In $ Million)
Figure 34: Basf Se, Company Net Profit, In 2017-2021 (In $ Million)
Figure 35: Basf Se, Company Revenue, By Segment, In 2021 (In %)
Figure 36: Basf Se, Company Revenue, By Geography, In 2021 (In %)
Figure 37: Kuraray Co Ltd, Company Revenue, In 2017-2021 (In $ Million)
Figure 38: Kuraray Co Ltd, Company Net Profit, In 2017-2021 (In $ Million)
Figure 39: Kuraray Co Ltd, Company Revenue, By Segment, In 2021 (In %)
Figure 40: Mayur Uniquoters Limited, Company Revenue, In 2017-2021 (In $ Million)
Figure 41: Mayur Uniquoters Limited, Company Net Profit, In 2017-2021 (In $ Million)
Figure 42: Mayur Uniquoters Limited, Company Revenue, By Geography, In 2021 (In %)
Figure 43: Nan Ya Plastics Corporation, Company Revenue, In 2017-2021 (In $ Million)
Figure 44: Nan Ya Plastics Corporation, Company Net Profit, In 2017-2021 (In $ Million)
Figure 45: Nan Ya Plastics Corporation, Company Revenue, By Industry, In 2021 (In %)
Figure 46: Nan Ya Plastics Corporation, Company Revenue, By Geography, In 2021 (In %)
Figure 47: San Fang Chemical Industry Co Ltd, Company Revenue, In 2017-2021 (In $ Million)
Figure 48: San Fang Chemical Industry Co Ltd, Company Net Profit, In 2017-2021 (In $ Million)
Figure 49: Tejin Limited, Company Revenue, In 2017-2021 (In $ Million)
Figure 50: Tejin Limited, Company Revenue, By Segment, In 2021 (In %)
Figure 51: Tejin Limited, Company Revenue, By Geography, In 2021 (In %)
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