Microfiber Synthetic Leather Market Forecast, Trend Analysis & Competition Tracking – Global Market insights 2017 to 2026
Published on : Jan-2018
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No. of Pages : 170
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Report Code : FACT398MR
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Format : 
Fact.MR Report examines global microfiber synthetic leather market for the forecast period 2017–2026. Prime purpose of the report is to find opportunities and trends in the market and provide insights pertaining to segments of the global microfiber synthetic leather market.
To understand the opportunities and trends in this market, the report is categorically divided into three sections namely on the basis of product type, application, and region. The report analyzes global microfiber synthetic leather in terms of value (US$) and volume (‘000 units).
Microfiber leather is a type of synthetic leather where ultra-fine microfiber bundles and high grade polyurethane resin are combined together to imitate the infinitesimal structure of leather. The procedure used to create microfiber leather gives the final product a similar amino structure almost identical to genuine leather. Microfiber leather is a comparatively new technology in the market that has only recently been incorporated into several applications. Global microfiber synthetic leather market is anticipated to witness significant revenue growth over the forecast period. Rapid changes in lifestyle has led to shift in consumer preference from animal leather to microfiber synthetic leather. As a result, domestic and international companies are making major investments in synthetic leather instead of real leather. Because of magnificent performance, microfiber synthetic leather has been the best vegan leather, the optimal substitute of real leather and the best leather alternative materials, can replace leather perfectly.
However, high cost price of microfiber synthetic leather is a prime challenge for leather substitute industries.
Microfibers are 100 times finer than human hair. The fineness of microfibers creates durability and flexibility in the fabric. Leather is made from the hide of a cow or other animal that has undergone a tanning process before being upholstered onto a sofa. Microfiber is purchased by the yard. Leather is purchased by the hide. This in turn, significantly increases costs associated with microfiber synthetic leather.
The section that follows includes analysis of global microfiber synthetic leather market by product type, application, and region.
The three sections evaluate the global microfiber synthetic leather market on the basis of various factors covering present scenario and future prospectus.
The report also provides region-wise data of local and international companies, new install base of Microfiber synthetic leather.
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The global microfiber synthetic leather market is segmented as follows:
On the basis of product type the market is segmented into the following:
- Bio-Based Leather
- PU Synthetic Leather
- PVC-Based Synthetic Leather
PVC-Based Synthetic Leather accounts for one-third of total microfiber synthetic leather market. However, Microfiber Synthetic Leather market is expected to expand at a CAGR of 4.9% over the forecast period.
On the basis of Application, the market is segmented as follows:
- Clothing
- Furnishing
- Bags, Purses & Wallets
- Footwear
- Automotive
- Other Applications
Furnishing segment is expected to dominate microfiber synthetic leather market over the forecast period. However, rapidly growing number of automotive requirements are creating high growth opportunities for microfiber synthetic leather market.
Regions covered in the report are as follows:
- North America
- Latin America
- Europe
- Japan
- Asia Pacific excluding Japan
- Middle East & Africa
In the final section of the report, a competitive landscape has been included to provide report audiences with a dashboard view. Detailed profiles of the providers are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings and recent developments in the microfiber synthetic leather space. Key players in the global microfiber synthetic leather market includes Huafon Group, Kuraray, Toray, Wenzhou Imitation Leather, Alfatex, Zhejiang Hexin Industry Group Co., Ltd., Anhui Anli Material Technology Co., Ltd., Kunshan Xiefu Artificial Leather Co., Ltd., Shandong Tongda Textile Machinery (group) Co.,Ltd., Tongda Island, Double Elephant, Topsun Micro Fiber, Yantai Wanhua Synthetic Leather Group Co., Ltd., Teijin Cordley, Asahi Kasei Mayur Uniquoters Limited, Xiangyu Xinghong, Clarino, Kolon Industries, San Fang Chemical Industry Co., Ltd., Wanhua Micro Fiber, Jeongsan International, Meisheng Group, FILWEL, Huafeng Group, Fujian Tianshou, Ecsaine, Sanling Micro Fiber, SISA, NPC, Ecolorica, H.R.Polycoats Pvt. Ltd., others.
In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR but also analyze on the basis of key parameters such as year-on-year (Y-o-Y) growth to understand the predictability of the market and to identify the right opportunities.
Also, another key feature of this report is the analysis of all key segments in terms of absolute dollar opportunity. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective in the global microfiber synthetic leather market.
Request research methodology of this report.
1. Global Microfiber Synthetic Leather Market Outlook
2. Global Microfiber Synthetic Leather Market - Executive Summary
3. Global Microfiber Synthetic Leather Market Overview
3.1. Introduction
3.1.1. Global Microfiber Synthetic Leather Market Taxonomy
3.1.2. Global Microfiber Synthetic Leather Market Definition
3.2. Global Microfiber Synthetic Leather Market Size (US$ Mn) and Volume (Tons) Forecast, 2012-2026
3.2.1. Global Microfiber Synthetic Leather Market Y-o-Y Growth
3.3. Global Microfiber Synthetic Leather Market Dynamics
3.4. Opportunity Analysis
3.5. Product Life Cycle
3.6. PESTLE Analysis
3.7. Cost Structure
3.8. Porter's Five
3.9. Intensity Map
4. Global Microfiber Synthetic Leather Market Analysis and Forecast 2012-2026
4.1. Global Microfiber Synthetic Leather Market Size and Forecast By Product Type, 2012-2026
4.1.1. Bio-Based Leather Market Size and Forecast, 2012-2026
4.1.1.1. Revenue (US$ Mn) and Volume (Tons) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. PU Synthetic Leather Market Size and Forecast, 2012-2026
4.1.2.1. Revenue (US$ Mn) and Volume (Tons) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region
4.1.3. PVC-Based Synthetic Leather Market Size and Forecast, 2012-2026
4.1.3.1. Revenue (US$ Mn) and Volume (Tons) Comparison, By Region
4.1.3.2. Market Share Comparison, By Region
4.1.3.3. Y-o-Y growth Comparison, By Region
4.2. Global Microfiber Synthetic Leather Market Size and Forecast By Application, 2012-2026
4.2.1. Clothing Market Size and Forecast, 2012-2026
4.2.1.1. Revenue (US$ Mn) and Volume (Tons) Comparison, By Region
4.2.1.2. Market Share Comparison, By Region
4.2.1.3. Y-o-Y growth Comparison, By Region
4.2.2. Furnishing Market Size and Forecast, 2012-2026
4.2.2.1. Revenue (US$ Mn) and Volume (Tons) Comparison, By Region
4.2.2.2. Market Share Comparison, By Region
4.2.2.3. Y-o-Y growth Comparison, By Region
4.2.3. Bags, Purses & Wallets Market Size and Forecast, 2012-2026
4.2.3.1. Revenue (US$ Mn) and Volume (Tons) Comparison, By Region
4.2.3.2. Market Share Comparison, By Region
4.2.3.3. Y-o-Y growth Comparison, By Region
4.2.4. Footwear Market Size and Forecast, 2012-2026
4.2.4.1. Revenue (US$ Mn) and Volume (Tons) Comparison, By Region
4.2.4.2. Market Share Comparison, By Region
4.2.4.3. Y-o-Y growth Comparison, By Region
4.2.5. Automotive Market Size and Forecast, 2012-2026
4.2.5.1. Revenue (US$ Mn) and Volume (Tons) Comparison, By Region
4.2.5.2. Market Share Comparison, By Region
4.2.5.3. Y-o-Y growth Comparison, By Region
5. North America Microfiber Synthetic Leather Market Size and Forecast, 2012-2026
5.1. North America Outlook
5.2. North America Parent Market Outlook
5.3. North America Target Market Outlook
5.4. Revenue (US$ Mn) Comparison, By Country
5.4.1. US Market Size and Volume Forecast, 2012-2026
5.4.2. Canada Market Size and Volume Forecast, 2012-2026
5.5. Revenue (US$ Mn) and Volume (Tons) Comparison, By Product Type
5.6. Revenue (US$ Mn) and Volume (Tons) Comparison, By
6. Latin America Microfiber Synthetic Leather Market Size and Forecast, 2012-2026
6.1. Latin America Outlook
6.2. Latin America Parent Market Outlook
6.3. Latin America Target Market Outlook
6.4. Revenue (US$ Mn) Comparison, By Country
6.4.1. Brazil Market Size and Volume Forecast, 2012-2026
6.4.2. Mexico Market Size and Volume Forecast, 2012-2026
6.4.3. Argentina Market Size and Volume Forecast, 2012-2026
6.5. Revenue (US$ Mn) and Volume (Tons) Comparison, By Product Type
6.6. Revenue (US$ Mn) and Volume (Tons) Comparison, By Application
7. Europe Microfiber Synthetic Leather Market Size and Forecast, 2012-2026
7.1. Europe Outlook
7.2. Europe Parent Market Outlook
7.3. Europe Target Market Outlook
7.4. Revenue (US$ Mn) Comparison, By Country
7.4.1. Germany Market Size and Volume Forecast, 2012-2026
7.4.2. UK Market Size and Volume Forecast, 2012-2026
7.4.3. France Market Size and Volume Forecast, 2012-2026
7.4.4. Spain Market Size and Volume Forecast, 2012-2026
7.4.5. Italy Market Size and Volume Forecast, 2012-2026
7.4.6. Nordic Market Size and Volume Forecast, 2012-2026
7.5. Revenue (US$ Mn) and Volume (Tons) Comparison, By Product Type
7.6. Revenue (US$ Mn) and Volume (Tons) Comparison, By Application
8. Japan Microfiber Synthetic Leather Market Size and Forecast, 2012-2026
8.1. Japan Outlook
8.2. Japan Parent Market Outlook
8.3. Japan Target Market Outlook
8.4. Revenue (US$ Mn) and Volume (Tons) Comparison, By Country
8.4.1. Japan Market Size and Volume Forecast, 2012-2026
8.5. Revenue (US$ Mn) and Volume (Tons) Comparison, By Product Type
8.6. Revenue (US$ Mn) and Volume (Tons) Comparison, By Application
9. APEJ Microfiber Synthetic Leather Market Size and Forecast, 2012-2026
9.1. APEJ Outlook
9.2. APEJ Parent Market Outlook
9.3. APEJ Target Market Outlook
9.4. Revenue (US$ Mn) Comparison, By Country
9.4.1. China Market Size and Volume Forecast, 2012-2026
9.4.2. India Market Size and Volume Forecast, 2012-2026
9.4.3. Australia Market Size and Volume Forecast, 2012-2026
9.4.4. ASEAN Market Size and Volume Forecast, 2012-2026
9.4.5. Rest of APEJ Market Size and Volume Forecast, 2012-2026
9.5. Revenue (US$ Mn) and Volume (Tons) Comparison, By Product Type
9.6. Revenue (US$ Mn) and Volume (Tons) Comparison, By Application
10. MEA Microfiber Synthetic Leather Market Size and Forecast, 2012-2026
10.1. MEA Outlook
10.2. MEA Parent Market Outlook
10.3. MEA Target Market Outlook
10.4. Revenue (US$ Mn) Comparison, By Country
10.4.1. GCC Countries Market Size and Volume Forecast, 2012-2026
10.4.2. South Africa Market Size and Volume Forecast, 2012-2026
10.4.3. Turkey Market Size and Volume Forecast, 2012-2026
10.4.4. Rest of MEA Market Size and Volume Forecast, 2012-2026
10.5. Revenue (US$ Mn) and Volume (Tons) Comparison, By Product Type
10.6. Revenue (US$ Mn) and Volume (Tons) Comparison, By Application
11. Global Microfiber Synthetic Leather Market Company Share, Competition Landscape and Company Profiles
11.1. Company Share Analysis
11.2. Competition Landscape
11.3. Company Profiles
11.3.1. Anhui Anli Material Technology Co., Ltd.
11.3.2. Huafon Group
11.3.3. Kuraray, Toray
11.3.4. Wenzhou Imitation Leather
11.3.5. Alfatex
11.3.6. Zhejiang Hexin Industry Group Co., Ltd.
11.3.7. Teijin Cordley
11.3.8. Asahi Kasei Mayur Uniquoters Limited
11.3.9. Kolon Industries
11.3.10. Yantai Wanhua Synthetic Leather Group Co., Ltd.
11.3.11. Other Players
12. Research Methodology
13. Secondary and Primary Sources
14. Assumptions and Acronyms
15. Disclaimer
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Microfiber Synthetic Leather Market Forecast, Trend Analysis & Competition Tracking – Global Market insights 2017 to 2026