Synthetic Leather For Furniture Market (Updated Version Available)

The report offers detailed coverage of Synthetic Leather For Furniture industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Synthetic Leather For Furniture by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Synthetic Leather is a manmade fabric that looks like leather. It has leather like surface and is dyed and treated to make it have the look and feel of real leather. It is often used as a substitute for real leather because it is less expensive and it does not require using a real animal hide to create.
The market is very fragmented. Several leading players are adopting the strategy of competitive pricing to gain a better foothold in the market. Some of the prominent players in the market are Hornschuch, Kuraray, Toray, Teijin, Nassimi, Willow Tex, Nilco, Wenzhou Imitation Leather, Anli Group, Hexin Group, Fujian Tianshou and Shuangxiang Group. In recent years, a growing number of players are increasingly focusing on developing novel products, in order to gain a competitive edge over others.
One trend in the market is focus on development of bio-based synthetic leather. The need for sustainability is impelling the various stakeholders, such as customers, manufacturers, and the governments, to implement the production and adoption of bio-based products. Almost 9-11% of all the chemical-based products have their raw materials sourced from renewable sources, thus, making them more environment-friendly.
One challenge in the market is harmful environmental effects of PVC processing. PU and PVC are the most common materials that are used to make synthetic leather. Among these two materials, PVC is preferred more as it is much cheaper than PU in earlier years. However, in recent times, the use of PVC is being reduced as it releases dioxins, which are hazardous chemicals. Another factor is the use of plasticizers known as phthalates. PVC, in the original form, is a very rigid substance and plasticizers must be added to make it more flexible and malleable.

The report forecast global Synthetic Leather For Furniture market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Synthetic Leather For Furniture market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Wenzhou Imitation Leather
Hornschuch
Kuraray
Toray
Teijin
Nassimi
Willow Tex
Nilco
Anli Group
Hexin Group
Fujian Tianshou
Shuangxiang Group


At the same time, we classify Synthetic Leather For Furniture according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
PVC Leather
PU Leather
Others
Market by Application
Household
Commercial Use

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Synthetic Leather For Furniture market for the forecast period 2021 - 2025?
• What are the driving forces in the Synthetic Leather For Furniture market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Synthetic Leather For Furniture industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?