Market by Type, End-use, and Country Outlook | Forecast 2023-2030
Triton’s report alludes that the synthetic leather market in Europe is likely to witness revenue and volume growth at a CAGR of 7.23% and 6.99%, respectively, during the forecast years 2023-2030.
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The
countries examined in the region consist of:
•       Â
United Kingdom
•       Â
Germany
•       Â
France
•       Â
Spain
•       Â
Italy
•       Â
Rest of Europe
Germany
captures the majority of shares in the synthetic leather market. The expanding trade and political alliances
have supported the market’s growth in the region. Moreover, the flourishing
automobile and consumer appliances sectors have increased the adoption of
synthetic leather for various applications. In recent years, several
governments have increased their focus on bio-based and low-cost products with
high durability, which is another factor accelerating the expansion of the
synthetic leather market across the region.
Demand for footwear and the automotive interior
has witnessed significant growth in Germany, which has supported the adoption
of synthetic leather. This has also influenced various players spearheading
R&D efforts to develop new products, which might create profitable
opportunities for the synthetic leather market.
Furthermore, changing consumer expectations have
influenced manufacturers in the furniture industry to diversify product
offerings. This, in turn, is estimated to open new avenues for the German
synthetic leather market over the forecast period.
France’s fashion industry is renowned worldwide,
accounting for around 2.7% of the GDP. The nation’s leather industry is also
known owing to the establishment of various prominent fashion houses, including
Louis Vuitton. Over the years, the production of footwear, clothes, and others
has shifted from original leather to bio-based or vegan synthetic leather,
owing to rising laws against animal cruelty. Therefore, these factors augment
the synthetic leather market’s expansion in France.
The
notable firms in the market include Kuraray Co Ltd, Teijin Limited, Mayur
Uniquoters Limited, Alfatex Italia SRL, and San Fang Chemical Industry Co Ltd.
Kuraray Co Ltd is engaged in producing
artificial fiber. The company’s business segments include functional materials,
fibers and textiles, trading, and others. Under the fibers and textile segment,
it offers Clarino man-made leather across multiple industries, such as
furniture, footwear, bags, and consumer electronics. Kurarray has operations
across multiple regions, including Europe.
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Key deliverables of the report:
â—ŹÂ Â Â Â Â Market CAGR during the forecasting years 2023-2030
â—ŹÂ Â Â Â Â Detailed data highlighting key insights, industry components, and market strategies
â—ŹÂ Â Â Â Â Comprehensive information and estimation of the synthetic leather market revenue growth in Europe and its influence on the parent market
â—ŹÂ Â Â Â Â In-depth study of forthcoming trends in consumer behavioral patterns
●     A meticulous analysis of the competitive landscape, vendor scorecard, and Porter’s Five Forces
â—ŹÂ Â Â Â Â
A wide-ranging study of factors that will challenge the Europe
synthetic leather market’s growth during the upcoming years
Want to get specific insights? Our team of
analysts can customize this report based on your preferences. Connect with us here.Â
1. EUROPE
SYNTHETIC LEATHER MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. PARENT
MARKET OVERVIEW
2.2. MANUFACTURING
PROCESS OVERVIEW
2.3. IMPACT
ANALYSIS ON THE SYNTHETIC LEATHER MARKET
2.3.1. COVID-19
IMPACT ON THE SYNTHETIC LEATHER MARKET
2.4. KEY
INSIGHTS
2.4.1. RISING
DEMAND FROM VARIOUS END-USE INDUSTRIES
2.4.2. NOVEL
USES FOR SYNTHETIC LEATHER
2.5. PORTER’S
FIVE FORCES ANALYSIS
2.5.1. THREAT
OF NEW ENTRANTS
2.5.2. THREAT
OF SUBSTITUTES
2.5.3. BARGAINING
POWER OF BUYERS
2.5.4. BARGAINING
POWER OF SUPPLIERS
2.5.5. THREAT
OF COMPETITIVE RIVALRY
2.6. MARKET
MATURITY ANALYSIS
2.7. INDUSTRY
COMPONENTS
2.7.1. RAW
MATERIAL SUPPLIERS
2.7.2. MANUFACTURERS
2.7.3. DISTRIBUTORS
2.7.4. END-USERS
2.8. KEY
BUYING IMPACT ANALYSIS
2.8.1. COST
2.8.2. DURABILITY
2.8.3. RAW
MATERIAL
2.9. REGULATORY
FRAMEWORK
2.10. KEY
MARKET STRATEGIES
2.10.1. PRODUCT
LAUNCHES
2.10.2. COLLABORATIONS
2.10.3. BUSINESS
EXPANSIONS & DIVESTITURES
2.10.4. ACQUISITIONS
2.11. MARKET
DRIVERS
2.11.1. AFFORDABLE
ALTERNATIVE TO REAL LEATHER
2.11.2. SHIFT
TOWARD ANIMAL-FREE AND SUSTAINABLE PRODUCTS
2.12. MARKET
CHALLENGES
2.12.1. DIFFERENT
CHARACTERISTICS OF SYNTHETIC LEATHER COMPARED TO REAL LEATHER
2.12.2. PROCESSING
CONCERNS REGARDING POLYURETHANE (PU) AND POLYVINYL CHLORIDE (PVC)
2.13. MARKET
OPPORTUNITY
2.13.1. POPULAR
DEMAND FOR BIO-BASED SYNTHETIC LEATHER
2.14. ANALYST
PERSPECTIVE
3. EUROPE
SYNTHETIC LEATHER MARKET OUTLOOK - BY TYPE
3.1. POLYURETHANE
(PU)
3.2. POLYVINYL
CHLORIDE (PVC)
3.3. BIO-BASED
4. EUROPE
SYNTHETIC LEATHER MARKET OUTLOOK - BY END-USE
4.1. FOOTWEAR
4.2. AUTOMOTIVE
4.3. FURNISHING
4.4. CLOTHING
4.5. BAGS
& WALLETS
4.6. OTHER
END-USES
5. EUROPE
SYNTHETIC LEATHER MARKET – COUNTRY OUTLOOK
5.1. COUNTRY
ANALYSIS
5.1.1. UNITED
KINGDOM
5.1.1.1. UNITED
KINGDOM SYNTHETIC LEATHER MARKET FORECAST & PROSPECTS
5.1.2. GERMANY
5.1.2.1. GERMANY
SYNTHETIC LEATHER MARKET FORECAST & PROSPECTS
5.1.3. FRANCE
5.1.3.1. FRANCE
SYNTHETIC LEATHER MARKET FORECAST & PROSPECTS
5.1.4. ITALY
5.1.4.1. ITALY
SYNTHETIC LEATHER MARKET FORECAST & PROSPECTS
5.1.5. SPAIN
5.1.5.1. SPAIN
SYNTHETIC LEATHER MARKET FORECAST & PROSPECTS
5.1.6. REST
OF EUROPE
5.1.6.1. REST
OF EUROPE SYNTHETIC LEATHER MARKET FORECAST & PROSPECTS
6. COMPETITIVE
LANDSCAPE
6.1. BASF
SE
6.1.1. OVERVIEW
6.1.2. FINANCIAL
OVERVIEW
6.1.3. PRODUCT
PORTFOLIO
6.1.4. KEY
STRENGTHS
6.1.5. KEY
CHALLENGES
6.2. HR POLYCOATS
PVT LTD
6.2.1. OVERVIEW
6.2.2. FINANCIAL
OVERVIEW
6.2.3. PRODUCT
PORTFOLIO
6.2.4. KEY
STRENGTHS
6.2.5. KEY
CHALLENGES
6.3. NAN YA
PLASTICS CORPORATION INC
6.3.1. OVERVIEW
6.3.2. FINANCIAL
OVERVIEW
6.3.3. PRODUCT
PORTFOLIO
6.3.4. KEY
STRENGTHS
6.3.5. KEY
CHALLENGES
6.4. ACHILLES
USA INC
6.4.1. OVERVIEW
6.4.2. FINANCIAL
OVERVIEW
6.4.3. PRODUCT
PORTFOLIO
6.4.4. KEY
STRENGTHS
6.4.5. KEY
CHALLENGES
6.5. TORAY
INDUSTRIES INC
6.5.1. OVERVIEW
6.5.2. FINANCIAL
OVERVIEW
6.5.3. PRODUCT
PORTFOLIO
6.5.4. KEY
STRENGTHS
6.5.5. KEY
CHALLENGES
6.6. ALFATEX
ITALIA SRL
6.6.1. OVERVIEW
6.6.2. FINANCIAL
OVERVIEW
6.6.3. PRODUCT
PORTFOLIO
6.6.4. KEY
STRENGTHS
6.6.5. KEY
CHALLENGES
6.7. TEIJIN
LIMITED
6.7.1. OVERVIEW
6.7.2. FINANCIAL
OVERVIEW
6.7.3. PRODUCT
PORTFOLIO
6.7.4. KEY
STRENGTHS
6.7.5. KEY
CHALLENGES
6.8. MAYUR
UNIQUOTERS LIMITED
6.8.1. OVERVIEW
6.8.2. FINANCIAL
OVERVIEW
6.8.3. PRODUCT
PORTFOLIO
6.8.4. KEY
STRENGTHS
6.8.5. KEY
CHALLENGES
6.9. SAN
FANG CHEMICAL INDUSTRY CO LTD
6.9.1. OVERVIEW
6.9.2. FINANCIAL
OVERVIEW
6.9.3. PRODUCT
PORTFOLIO
6.9.4. KEY
STRENGTHS
6.9.5. KEY
CHALLENGES
6.10. KURARAY
CO LTD
6.10.1. OVERVIEW
6.10.2. FINANCIAL
OVERVIEW
6.10.3. PRODUCT
PORTFOLIO
6.10.4. KEY
STRENGTHS
6.10.5. KEY
CHALLENGES
7. RESEARCH
METHODOLOGY & SCOPE
7.1. RESEARCH
SCOPE & DELIVERABLES
7.2. SOURCES
OF DATA
7.3. RESEARCH
METHODOLOGY
TABLE 1: EUROPE SYNTHETIC
LEATHER MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)
TABLE 2: EUROPE SYNTHETIC
LEATHER MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN MILLION METERS)
TABLE 3: COUNTRY-WISE
REGULATORY FRAMEWORK FOR SYNTHETIC LEATHER
TABLE 4: LIST OF PRODUCT
LAUNCHES
TABLE 5: LIST OF
COLLABORATIONS
TABLE 6: LIST OF BUSINESS
EXPANSIONS & DIVESTITURES
TABLE 7: LIST OF ACQUISITIONS
TABLE 8: EUROPE SYNTHETIC
LEATHER MARKET, BY TYPE, 2023-2030 (IN $ MILLION)
TABLE 9: EUROPE SYNTHETIC
LEATHER MARKET, BY TYPE, 2023-2030 (IN MILLION METERS)
TABLE 10: EUROPE SYNTHETIC
LEATHER MARKET, BY END-USE, 2023-2030 (IN $ MILLION)
TABLE 11: EUROPE SYNTHETIC
LEATHER MARKET, BY END-USE, 2023-2030 (IN MILLION METERS)
TABLE 12: EUROPE SYNTHETIC
LEATHER MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)
TABLE 13: EUROPE
SYNTHETIC LEATHER MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN MILLION METERS)
FIGURE
1: MANUFACTURING PROCESS OVERVIEW
FIGURE
2: MARKET MATURITY ANALYSIS
FIGURE
3: INDUSTRY COMPONENTS
FIGURE
4: KEY BUYING IMPACT ANALYSIS
FIGURE
5: EUROPE SYNTHETIC LEATHER MARKET, BY TYPE, 2022 & 2030 (IN %)
FIGURE
6: EUROPE SYNTHETIC LEATHER MARKET, BY POLYURETHANE (PU), 2023-2030 (IN $
MILLION)
FIGURE
7: EUROPE SYNTHETIC LEATHER MARKET, BY POLYVINYL CHLORIDE (PVC), 2023-2030 (IN
$ MILLION)
FIGURE
8: EUROPE SYNTHETIC LEATHER MARKET, BY BIO-BASED, 2023-2030 (IN $ MILLION)
FIGURE
9: EUROPE SYNTHETIC LEATHER MARKET, BY END-USE, 2022 & 2030 (IN %)
FIGURE
10: EUROPE SYNTHETIC LEATHER MARKET, BY FOOTWEAR, 2023-2030 (IN $ MILLION)
FIGURE
11: EUROPE SYNTHETIC LEATHER MARKET, BY AUTOMOTIVE, 2023-2030 (IN $ MILLION)
FIGURE
12: EUROPE SYNTHETIC LEATHER MARKET, BY FURNISHING, 2023-2030 (IN $ MILLION)
FIGURE
13: EUROPE SYNTHETIC LEATHER MARKET, BY CLOTHING, 2023-2030 (IN $ MILLION)
FIGURE
14: EUROPE SYNTHETIC LEATHER MARKET, BY BAGS & WALLETS, 2023-2030 (IN $
MILLION)
FIGURE
15: EUROPE SYNTHETIC LEATHER MARKET, BY OTHER END-USES, 2023-2030 (IN $
MILLION)
FIGURE
16: EUROPE SYNTHETIC LEATHER MARKET, BY COUNTRY OUTLOOK, 2022 & 2030 (IN %)
FIGURE
17: UNITED KINGDOM SYNTHETIC LEATHER MARKET 2023-2030 (IN $ MILLION)
FIGURE
18: GERMANY SYNTHETIC LEATHER MARKET 2023-2030 (IN $ MILLION)
FIGURE
19: FRANCE SYNTHETIC LEATHER MARKET 2023-2030 (IN $ MILLION)
FIGURE
20: ITALY SYNTHETIC LEATHER MARKET 2023-2030 (IN $ MILLION)
FIGURE
21: SPAIN SYNTHETIC LEATHER MARKET 2023-2030 (IN $ MILLION)
FIGURE
22: REST OF EUROPE SYNTHETIC LEATHER MARKET 2023-2030 (IN $ MILLION)
FIGURE
23: BASF SE - COMPANY NET REVENUE IN 2017-2021 (IN $ MILLION)
FIGURE
24: BASF SE - COMPANY NET INCOME IN 2017-2021 (IN $ MILLION)
FIGURE
25: BASF SE - COMPANY REVENUE, BY SEGMENT, IN 2021 (IN %)
FIGURE
26: BASF SE - COMPANY REVENUE, BY REGION, IN 2021 (IN %)
FIGURE
27: NAN YA PLASTICS CORPORATION - COMPANY REVENUE IN 2017-2021 (IN $ MILLION)
FIGURE
28: NAN YA PLASTICS CORPORATION - COMPANY NET INCOME IN 2017-2021 (IN $
MILLION)
FIGURE
29: NAN YA PLASTICS CORPORATION - COMPANY REVENUE, BY SEGMENT, IN 2021 (IN %)
FIGURE
30: NAN YA PLASTICS CORPORATION - COMPANY REVENUE, BY REGION, IN 2021 (IN %)
FIGURE
31: TORAY INDUSTRIES INC - COMPANY REVENUE IN 2017-2021 (IN $ MILLION)
FIGURE
32: TORAY INDUSTRIES INC - COMPANY NET INCOME IN 2017-2021 (IN $ MILLION)
FIGURE
33: TORAY INDUSTRIES INC - COMPANY REVENUE, BY SEGMENT, IN 2021 (IN %)
FIGURE
34: TORAY INDUSTRIES INC - COMPANY REVENUE, BY REGION, IN 2021 (IN %)
FIGURE
35: TEIJIN LIMITED - COMPANY REVENUE IN 2017-2021 (IN $ BILLION)
FIGURE
36: TEIJIN LIMITED - COMPANY NET INCOME IN 2017-2021 (IN $ MILLION)
FIGURE
37: TEIJIN LIMITED - COMPANY REVENUE, BY SEGMENT, IN 2021 (IN %)
FIGURE
38: TEIJIN LIMITED - COMPANY REVENUE, BY REGION, IN 2021 (IN %)
FIGURE
39: MAYUR UNIQUOTERS LIMITED - COMPANY REVENUE IN 2017-2021 (IN $ MILLION)
FIGURE
40: MAYUR UNIQUOTERS LIMITED - COMPANY NET INCOME IN 2017-2021 (IN $ MILLION)
FIGURE
41: MAYUR UNIQUOTERS LIMITED - COMPANY REVENUE, BY REGION, IN 2021 (IN %)
FIGURE
42: SAN FANG CHEMICAL INDUSTRY CO LTD - COMPANY REVENUE IN 2017-2021 (IN $
MILLION)
FIGURE
43: SAN FANG CHEMICAL INDUSTRY CO LTD - COMPANY NET INCOME IN 2017-2021 (IN $
MILLION)
FIGURE
44: KURARAY CO LTD - COMPANY REVENUE IN 2017-2021 (IN $ MILLION)
FIGURE
45: KURARAY CO LTD - COMPANY NET INCOME IN 2017-2021 (IN $ MILLION)
FIGURE
46: KURARAY CO LTD - COMPANY REVENUE, BY SEGMENT, IN 2021 (IN %)