Europe Synthetic Leather Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Polyurethane, Polyvinyl Chloride, Silicone, and Others) and Application (Footwear, Furniture, Automotive, Clothing, Stationery Goods, and Others) 

TIPRE00027752 | Pages: 113 | Chemicals and Materials | Mar 2022 | Type: Regional | Status: Published

The synthetic leather market in Europe is expected to grow from US$ 5914.40 million in 2021 to US$ 9123.76 million by 2028; it is estimated to grow at a CAGR of 6.4% from 2021 to 2028.

Synthetic leather is extremely popular these days. Synthetic leather offers several advantages. It is modified and improved to reflect a visual appearance with realistic leather quality. It is a versatile material and is available in a variety of colors, finishes, and patterns. This offers an opportunity to choose color and design for loveseats, sofas, recliners, etc. Synthetic leather also provides a uniform look since all the pieces come from the same stock. Synthetic leather costs much less than genuine leather, and it is typically much more affordable than genuine leather. Moreover, synthetic leather is a waterproof material. It can resist water penetration since it is usually made up of a plastic base layer with a plastic coating. As a result, synthetic leather is the finest choice for applications with continuous exposure to moisture and humidity. Another benefit is that synthetic leather is cruelty-free since animals do not go through any brutality during synthetic leather production. Thus, all these advantages associated with the usage of synthetic leather are driving the market.

 

In Europe, currently, France, the UK, and Russia are the worst-impacted countries by the COVID-19 pandemic. The massive outbreak of the pandemic has created a temporary distortion in operation efficiencies of industrial bases in the European market. The market for synthetic leather has been negatively impacted due to limited operational capabilities due to COVID-19 restrictions. The industries such as footwear and automotive have been affected by the pandemic. However, the various industries are resuming their operations, including the automotive industry. The rising demand for synthetic leather across diverse industrial applications is expected to substantially fuel the growth of the synthetic leather market in the region.

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the synthetic leather market. The Europe synthetic leather market is expected to grow at a good CAGR during the forecast period.

 

Europe Synthetic Leather Market Revenue and Forecast to 2028 (US$ Million)

                                     

Europe Synthetic Leather Market Revenue and Forecast to 2028 (US$ Million)

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Europe Synthetic Leather Market Segmentation

 

Europe Synthetic Leather Market – By Type

  • Polyurethane
  • Polyvinyl Chloride
  • Silicone
  • Others

Europe Synthetic Leather Market – By Application

  • Footwear
  • Furniture
  • Automotive
  • Clothing
  • Stationery Goods
  • Others

Europe Synthetic Leather Market- By Country

  • Germany
  • France
  • Italy
  • UK
  • Russia
  • Rest of Europe

Europe Synthetic Leather Market-Companies Mentioned

  • Alfatex Italia
  • BASF SE
  • Fujian Polytech Technology Corp., Ltd.
  • H.R.Polycoats Pvt. Ltd.
  • KURARAY CO., LTD.
  • Mayur Uniquoters Limited
  • Nan Ya Plastics
  • San Fang Chemical Industry Co., Ltd
  • Teijin Limited

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        Europe Synthetic Leather Market, by Type

1.3.2        Europe Synthetic Leather Market, by Application

1.3.3        Europe Synthetic Leather Market, by Country

2.           Key Takeaways

3.        Research Methodology

3.1         Scope of the Study

3.2         Research Methodology

3.2.1        Data Collection:

3.2.2        Primary Interviews:

3.2.3        Hypothesis formulation:

3.2.4        Macro-economic factor analysis:

3.2.5        Developing base number:

3.2.6        Data Triangulation:

4.           Europe Synthetic Leather Market Landscape

4.1         Market Overview

4.2         Porter's Five Forces Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinion

5.           Europe Synthetic Leather Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Rise in Demand from Various End-Use Industries

5.1.2        Benefits of Synthetic Leather

5.2         Market Restraints

5.2.1        Harmful Effects of PVC and PU and Durability Issues of Synthetic Leather

5.3         Market Opportunities

5.3.1        Growing Demand from Footwear Industry

5.4         Future Trends

5.4.1        Increasing Focus on Development of Bio-Based Leather

5.5         Impact Analysis of Drivers and Restraints

6.           Synthetic Leather – Europe Market Analysis

6.1         Europe Synthetic Leather Market Overview

6.2         Europe Synthetic Leather Market –Revenue and Forecast to 2028 (US$ Mn)

7.           Europe Synthetic Leather Market Analysis – By Type

7.1         Overview

7.2         Europe Synthetic Leather Market, By Type (2020 and 2028)

7.2.1        Polyurethane

7.2.1.1          Overview

7.2.1.2          Polyurethane: Synthetic Leather Market – Revenue and Forecast to 2028 (US$ Mn)

7.2.2        Polyvinyl Chloride

7.2.2.1          Overview

7.2.2.2          Polyvinyl Chloride: Synthetic Leather Market – Revenue and Forecast to 2028 (US$ Mn)

7.2.3        Silicone:

7.2.3.1          Overview

7.2.3.2          Silicone: Synthetic Leather Market – Revenue and Forecast to 2028 (US$ Mn)

7.2.4        Others:

7.2.4.1          Overview

7.2.4.2          Others: Synthetic Leather Market – Revenue and Forecast to 2028 (US$ Mn)

8.           Europe Synthetic Leather Market Analysis – By Application

8.1         Overview

8.2         Europe Synthetic Leather Market, By Application (2020 and 2028)

8.2.1        Footwear

8.2.1.1          Overview

8.2.1.2          Footwear: Synthetic Leather Market – Revenue and Forecast to 2028 (US$ Mn)

8.2.2        Furniture

8.2.2.1          Overview

8.2.2.2          Furniture: Synthetic Leather Market – Revenue and Forecast to 2028 (US$ Mn)

8.2.3        Automotive

8.2.3.1          Overview

8.2.3.2          Automotive: Synthetic Leather Market – Revenue and Forecast to 2028 (US$ Mn)

8.2.4        Clothing

8.2.4.1          Overview

8.2.4.2          Clothing: Synthetic Leather Market – Revenue and Forecast to 2028 (US$ Mn)

8.2.5        Stationery Goods

8.2.5.1          Overview

8.2.5.2          Stationery Goods: Synthetic Leather Market – Revenue and Forecast to 2028 (US$ Mn)

8.2.6        Others

8.2.6.1          Overview

8.2.6.2          Others: Synthetic Leather Market – Revenue and Forecast to 2028 (US$ Mn)

9.           Europe Synthetic Leather Market – Country Analysis

9.1         Overview

9.1.1        Europe: Synthetic Leather Market, by Key Country

9.1.1.1          Germany: Synthetic Leather Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.1.1          Germany: Synthetic Leather Market, By Type

9.1.1.1.2          Germany: Synthetic Leather Market, by Application

9.1.1.2          France: Synthetic Leather Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.2.1          France: Synthetic Leather Market, By Type

9.1.1.2.2          France: Synthetic Leather Market, by Application

9.1.1.3          Italy: Synthetic Leather Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.3.1          Italy: Synthetic Leather Market, By Type

9.1.1.3.2          Italy: Synthetic Leather Market, by Application

9.1.1.4          Russia: Synthetic Leather Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.4.1          Russia: Synthetic Leather Market, By Type

9.1.1.4.2          Russia: Synthetic Leather Market, by Application

9.1.1.5          UK: Synthetic Leather Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.5.1          UK: Synthetic Leather Market, By Type

9.1.1.5.2          UK: Synthetic Leather Market, by Application

9.1.1.6          Rest of Europe: Synthetic Leather Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.6.1          Rest of Europe: Synthetic Leather Market, By Type

9.1.1.6.2          Rest of Europe: Synthetic Leather Market, by Application

10.        Impact of COVID-19 on Europe Synthetic Leather Market

10.1      Overview

11.        Industry Landscape

11.1      Product & Service Launch

12.        Company Profiles

12.1      San Fang Chemical Industrial Co Ltd

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Products and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2      KURARAY CO., LTD.

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.2.6     Key Developments

12.3      Teijin Limited

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4      Nan Ya Plastics

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.4.6     Key Developments

12.5      Mayur Uniquoters Limited

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.5.6     Key Developments

12.6      H.R.Polycoats Pvt. Ltd.

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Products and Services

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.6.6     Key Developments

12.7      BASF SE

12.7.1     Key Facts

12.7.2     Business Description

12.7.3     Products and Services

12.7.4     Financial Overview

12.7.5     SWOT Analysis

12.7.6     Key Developments

12.8      Alfatex Italia

12.8.1     Key Facts

12.8.2     Business Description

12.8.3     Products and Services

12.8.4     Financial Overview

12.8.5     SWOT Analysis

12.8.6     Key Developments

12.9      FUJIAN POLYTECH TECHNOLOGY CORP., LTD.

12.9.1     Key Facts

12.9.2     Business Description

12.9.3     Products and Services

12.9.4     Financial Overview

12.9.5     SWOT Analysis

12.9.6     Key Developments

13.        Appendix

13.1      About The Insight Partners

13.2      Glossary of Terms

 


LIST OF TABLES

Table 1.             Europe Synthetic Leather Market Revenue and Forecast to 2028 (US$ Million)

Table 2.             Germany Synthetic Leather Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 3.             Germany Synthetic Leather Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 4.             France Synthetic Leather Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 5.             France Synthetic Leather Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 6.             Italy Synthetic Leather Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 7.             Italy Synthetic Leather Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 8.             Russia Synthetic Leather Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 9.             Russia Synthetic Leather Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 10.          UK Synthetic Leather Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 11.          UK Synthetic Leather Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 12.          Rest of Europe Synthetic Leather Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 13.          Rest of Europe Synthetic Leather Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 14.          Glossary of Terms, Europe Synthetic leather Market

 


LIST OF FIGURES

Figure 1.           Europe Synthetic Leather Market Segmentation

Figure 2.           Europe Synthetic Leather Market Segmentation – By Country

Figure 3.           Europe Synthetic Leather Market Overview

Figure 4.           Europe Synthetic Leather Market, By Application

Figure 5.           Europe Synthetic Leather Market, by Country

Figure 6.           Porter's Five Forces Analysis

Figure 7.           Synthetic Leather Market - Ecosystem

Figure 8.           Expert Opinion

Figure 9.           Europe Synthetic Leather Market Impact Analysis of Driver and Restraints

Figure 10.        Europe Synthetic Leather Market – Revenue and Forecast to 2028 (US$ Mn)

Figure 11.        Europe Synthetic leather Market Revenue Share, By Type (2020 and 2028)

Figure 12.        Europe Polyurethane: Synthetic Leather Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 13.        Europe Polyvinyl Chloride: Synthetic Leather Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 14.        Europe Silicone: Synthetic Leather Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 15.        Europe Others: Synthetic Leather Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 16.        Europe Synthetic Leather Market Revenue Share, By Application (2020 and 2028)

Figure 17.        Europe Footwear: Synthetic Leather Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 18.        Europe Furniture: Synthetic Leather Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 19.        Europe Automotive: Synthetic Leather Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 20.        Europe Clothing: Synthetic Leather Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 21.        Europe Stationery Goods: Synthetic Leather Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 22.        Europe Others: Synthetic Leather Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 23.        Europe: Synthetic Leather Market by Key Country-Revenue 2020 (US$ Million)

Figure 24.        Europe: Synthetic Leather Market Revenue Share, by Key Country (2020 and 2028)

Figure 25.        Germany: Synthetic Leather Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26.        France: Synthetic Leather Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27.        Italy: Synthetic Leather Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28.        Russia: Synthetic Leather Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29.        UK: Synthetic Leather Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30.        Rest of Europe: Synthetic Leather Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31.        Impact of COVID-19 Pandemic on Synthetic Leather Market in Europe

  1. Alfatex Italia
  2. BASF SE
  3. Fujian Polytech Technology Corp., Ltd.
  4. H.R.Polycoats Pvt. Ltd.
  5. KURARAY CO., LTD.
  6. Mayur Uniquoters Limited
  7. Nan Ya Plastics
  8. San Fang Chemical Industry Co., Ltd
  9. Teijin Limited
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe synthetic leather market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Europe synthetic leather market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the synthetic leather market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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