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)
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 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
- 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
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe synthetic leather market.
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