PUBLISHER: IMARC | PRODUCT CODE: 1468569
PUBLISHER: IMARC | PRODUCT CODE: 1468569
High End Synthetic Suede Market by Type (Single-Sided Leather, Double-Sided Leather), Product (Woven, Non-Woven), Application (Automotive, Fashion, Furniture, and Others), and Region 2024-2032
The global high end synthetic suede market size reached US$ 1,132.1 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,845.5 Million by 2032, exhibiting a growth rate (CAGR) of 5.41% during 2024-2032. The rising demand for lightweight materials, widespread product adoption in the automotive industry and various product innovations represent some of the key factors driving the market.
High end synthetic suede is a type of leather manufactured using polyester and other plastic blends. These fabrics are brushed, sanded, or chemically treated to provide the look and feel of napped leather. They are widely used for high-end belts, seat covers for automobiles, inner linings for jackets, and designer hats. High end synthetic suede is easy to sew, care for, and wear and does not peel, shrink, or crack. They are extremely durable, need minimal maintenance, and are resistant to stains, water, and wind. As compared to natural suede, high end synthetic suede is cost-effective and environmentally friendly. As a result, high end synthetic suede is widely used in apparel and accessory applications and the automotive, fashion, and furniture industries.
At present, the widespread product adoption in the automotive industry across the globe is one of the key factors creating a positive outlook for the market. High end synthetic suede is widely used due to the rising demand for lightweight materials, especially in steering-wheel covers, shift knobs, and seat covers, which, in turn, is favoring the market growth significantly. Moreover, as it is well suited to handle high-volume usage and resist spills and temperature variations while maintaining its shape and luxurious feel, there is a steadily rising demand for high-end synthetic suede from various industries, which is currently acting as another growth-inducing factor. Apart from this, stringent animal welfare laws enforced worldwide are further facilitating the demand for synthetic suede alternatives as they are environmentally friendly. Additionally, the increasing product demand due to its numerous advantages, such as high heat retention abilities and low stretchability, is propelling the market growth. Along with this, the widespread utilization of high end synthetic suede in clothing, shoes, accessories, furniture, and upholstery applications is providing an impetus to the market growth. Furthermore, the rising environmental concerns among individuals and the growing awareness regarding sustainable fashion are positively influencing the market growth. Other factors, including the implementation of various government initiatives to create awareness regarding the potential hazards of leather and extensive research and development (R&D) activities, are anticipated to drive the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global high end synthetic suede market, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on type, product, and application.
Type Insights
Single-Sided Leather
Double-Sided Leather
The report has also provided a detailed breakup and analysis of the high end synthetic suede market based on the type. This includes single leather and double-sided leather. According to the report, single-sided leather represented the largest segment.
Product Insights
Woven
Non-Woven
A detailed breakup and analysis of the high end synthetic suede market based on the product has also been provided in the report. This includes woven and non-woven. According to the report, non-woven accounted for the largest market share.
Application Insights
Automotive
Fashion
Furniture
Others
The report has also provided a detailed breakup and analysis of the high end synthetic suede market based on the application. This includes automotive, fashion, furniture, and others. According to the report, automotive represented the largest segment.
Regional Insights
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and Middle East and Africa. According to the report, Europe was the largest market for high end synthetic suede. Some of the factors driving the Europe high end synthetic suede market included its widespread adoption in the fashion industry, product innovations and extensive research and development activities, etc.
Competitive Landscape
The report has also provided a comprehensive analysis of the competitive landscape in the global high end synthetic suede market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Asahi Kasei Corporation, Ecolorica Microfiber S.r.l., Ji'an Sanling Microfiber Co. Ltd., Kolon Industries, Majilite Inc. (Meridian Industries Inc.), Seiren Co. Ltd., Talwar Fabriks, Tapis Corporation, The Mitchell Group, The Rishabh Velveleen Ltd, Toray Industries Inc., WINIW International Co. Ltd., Zhejiang Meisheng New Material Co. Ltd., etc. Kindly, note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report
- 1. How big is the global high end synthetic suede market?
- 2. What is the expected growth rate of the global high end synthetic suede market during 2024-2032?
- 3. What are the key factors driving the global high end synthetic suede market?
- 4. What has been the impact of COVID-19 on the global high end synthetic suede market?
- 5. What is the breakup of the global high end synthetic suede market based on the type?
- 6. What is the breakup of the global high end synthetic suede market based on the product?
- 7. What is the breakup of the global high end synthetic suede market based on the application?
- 8. What are the key regions in the global high end synthetic suede market?
- 9. Who are the key players/companies in the global high end synthetic suede market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global High End Synthetic Suede Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Single-Sided Leather
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Double-Sided Leather
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Product
- 7.1 Woven
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Non-Woven
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Application
- 8.1 Automotive
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Fashion
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Furniture
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Others
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 Drivers, Restraints, and Opportunities
- 10.1 Overview
- 10.2 Drivers
- 10.3 Restraints
- 10.4 Opportunities
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Asahi Kasei Corporation
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
- 14.3.2 Ecolorica Microfiber S.r.l.
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Ji'an Sanling Microfiber Co. Ltd.
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 Kolon Industries
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.4.4 SWOT Analysis
- 14.3.5 Majilite Inc. (Meridian Industries Inc.)
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 Seiren Co. Ltd.
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.7 Talwar Fabriks
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 Tapis Corporation
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 The Mitchell Group
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 The Rishabh Velveleen Ltd
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.11 Toray Industries Inc.
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.11.4 SWOT Analysis
- 14.3.12 WINIW International Co. Ltd.
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.13 Zhejiang Meisheng New Material Co. Ltd.
- 14.3.13.1 Company Overview
- 14.3.13.2 Product Portfolio
- 14.3.1 Asahi Kasei Corporation
Kindly, note that this only represents a partial list of companies, and the complete list has been provided in the report
List of Figures
- Figure 1: Global: High End Synthetic Suede Market: Major Drivers and Challenges
- Figure 2: Global: High End Synthetic Suede Market: Sales Value (in Million US$), 2018-2023
- Figure 3: Global: High End Synthetic Suede Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 4: Global: High End Synthetic Suede Market: Breakup by Type (in %), 2023
- Figure 5: Global: High End Synthetic Suede Market: Breakup by Product (in %), 2023
- Figure 6: Global: High End Synthetic Suede Market: Breakup by Application (in %), 2023
- Figure 7: Global: High End Synthetic Suede Market: Breakup by Region (in %), 2023
- Figure 8: Global: High End Synthetic Suede (Single-Sided Leather) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 9: Global: High End Synthetic Suede (Single-Sided Leather) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 10: Global: High End Synthetic Suede (Double-Sided Leather) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 11: Global: High End Synthetic Suede (Double-Sided Leather) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 12: Global: High End Synthetic Suede (Woven) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 13: Global: High End Synthetic Suede (Woven) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 14: Global: High End Synthetic Suede (Non-Woven) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 15: Global: High End Synthetic Suede (Non-Woven) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 16: Global: High End Synthetic Suede (Automotive) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 17: Global: High End Synthetic Suede (Automotive) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 18: Global: High End Synthetic Suede (Fashion) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 19: Global: High End Synthetic Suede (Fashion) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 20: Global: High End Synthetic Suede (Furniture) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 21: Global: High End Synthetic Suede (Furniture) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 22: Global: High End Synthetic Suede (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 23: Global: High End Synthetic Suede (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 24: North America: High End Synthetic Suede Market: Sales Value (in Million US$), 2018 & 2023
- Figure 25: North America: High End Synthetic Suede Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 26: United States: High End Synthetic Suede Market: Sales Value (in Million US$), 2018 & 2023
- Figure 27: United States: High End Synthetic Suede Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 28: Canada: High End Synthetic Suede Market: Sales Value (in Million US$), 2018 & 2023
- Figure 29: Canada: High End Synthetic Suede Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 30: Asia-Pacific: High End Synthetic Suede Market: Sales Value (in Million US$), 2018 & 2023
- Figure 31: Asia-Pacific: High End Synthetic Suede Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 32: China: High End Synthetic Suede Market: Sales Value (in Million US$), 2018 & 2023
- Figure 33: China: High End Synthetic Suede Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 34: Japan: High End Synthetic Suede Market: Sales Value (in Million US$), 2018 & 2023
- Figure 35: Japan: High End Synthetic Suede Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 36: India: High End Synthetic Suede Market: Sales Value (in Million US$), 2018 & 2023
- Figure 37: India: High End Synthetic Suede Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 38: South Korea: High End Synthetic Suede Market: Sales Value (in Million US$), 2018 & 2023
- Figure 39: South Korea: High End Synthetic Suede Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 40: Australia: High End Synthetic Suede Market: Sales Value (in Million US$), 2018 & 2023
- Figure 41: Australia: High End Synthetic Suede Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 42: Indonesia: High End Synthetic Suede Market: Sales Value (in Million US$), 2018 & 2023
- Figure 43: Indonesia: High End Synthetic Suede Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 44: Others: High End Synthetic Suede Market: Sales Value (in Million US$), 2018 & 2023
- Figure 45: Others: High End Synthetic Suede Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 46: Europe: High End Synthetic Suede Market: Sales Value (in Million US$), 2018 & 2023
- Figure 47: Europe: High End Synthetic Suede Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 48: Germany: High End Synthetic Suede Market: Sales Value (in Million US$), 2018 & 2023
- Figure 49: Germany: High End Synthetic Suede Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 50: France: High End Synthetic Suede Market: Sales Value (in Million US$), 2018 & 2023
- Figure 51: France: High End Synthetic Suede Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 52: United Kingdom: High End Synthetic Suede Market: Sales Value (in Million US$), 2018 & 2023
- Figure 53: United Kingdom: High End Synthetic Suede Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 54: Italy: High End Synthetic Suede Market: Sales Value (in Million US$), 2018 & 2023
- Figure 55: Italy: High End Synthetic Suede Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 56: Spain: High End Synthetic Suede Market: Sales Value (in Million US$), 2018 & 2023
- Figure 57: Spain: High End Synthetic Suede Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 58: Russia: High End Synthetic Suede Market: Sales Value (in Million US$), 2018 & 2023
- Figure 59: Russia: High End Synthetic Suede Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 60: Others: High End Synthetic Suede Market: Sales Value (in Million US$), 2018 & 2023
- Figure 61: Others: High End Synthetic Suede Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 62: Latin America: High End Synthetic Suede Market: Sales Value (in Million US$), 2018 & 2023
- Figure 63: Latin America: High End Synthetic Suede Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 64: Brazil: High End Synthetic Suede Market: Sales Value (in Million US$), 2018 & 2023
- Figure 65: Brazil: High End Synthetic Suede Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 66: Mexico: High End Synthetic Suede Market: Sales Value (in Million US$), 2018 & 2023
- Figure 67: Mexico: High End Synthetic Suede Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 68: Others: High End Synthetic Suede Market: Sales Value (in Million US$), 2018 & 2023
- Figure 69: Others: High End Synthetic Suede Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 70: Middle East and Africa: High End Synthetic Suede Market: Sales Value (in Million US$), 2018 & 2023
- Figure 71: Middle East and Africa: High End Synthetic Suede Market: Breakup by Country (in %), 2023
- Figure 72: Middle East and Africa: High End Synthetic Suede Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 73: Global: High End Synthetic Suede Industry: Drivers, Restraints, and Opportunities
- Figure 74: Global: High End Synthetic Suede Industry: Value Chain Analysis
- Figure 75: Global: High End Synthetic Suede Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: High End Synthetic Suede Market: Key Industry Highlights, 2023 & 2032
- Table 2: Global: High End Synthetic Suede Market Forecast: Breakup by Type (in Million US$), 2024-2032
- Table 3: Global: High End Synthetic Suede Market Forecast: Breakup by Product (in Million US$), 2024-2032
- Table 4: Global: High End Synthetic Suede Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 5: Global: High End Synthetic Suede Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 6: Global: High End Synthetic Suede Market: Competitive Structure
- Table 7: Global: High End Synthetic Suede Market: Key Players
