Microfiber leather, or micro fiber leather, is the highest quality grade synthetic leather, a high-tech simulation of high-end leather material. Microfiber Leather is simulated the structure of natural leather, using superfine micro fiber (ultra-fine fiber bundle), and high-grade polyurethane resins as raw materials, has a lot of similar characters as natural leather, however better physical & chemical performance, has been widely popular around the world.
This report contains market size and forecasts of Next Generation Synthetic Leather in global, including the following market information:
Global Next Generation Synthetic Leather Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Next Generation Synthetic Leather Market Sales, 2017-2022, 2023-2028, (Tons)
Global top five Next Generation Synthetic Leather companies in 2021 (%)
The global Next Generation Synthetic Leather market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Microfiber Leather Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Next Generation Synthetic Leather include Huafon Group, Kuraray, TORAY, Hexin Group, Teijin Cordley, Asahi Kasei, Kolon Industries, Sanfang and Wanhua Micro Fiber, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Next Generation Synthetic Leather manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Next Generation Synthetic Leather Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Next Generation Synthetic Leather Market Segment Percentages, by Type, 2021 (%)
Microfiber Leather
Synthetic Suede
Global Next Generation Synthetic Leather Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Next Generation Synthetic Leather Market Segment Percentages, by Application, 2021 (%)
Shoes & Clothes
Furniture
Automotive Trim
Case & Bag
Others
Global Next Generation Synthetic Leather Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Next Generation Synthetic Leather Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Next Generation Synthetic Leather revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Next Generation Synthetic Leather revenues share in global market, 2021 (%)
Key companies Next Generation Synthetic Leather sales in global market, 2017-2022 (Estimated), (Tons)
Key companies Next Generation Synthetic Leather sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Huafon Group
Kuraray
TORAY
Hexin Group
Teijin Cordley
Asahi Kasei
Kolon Industries
Sanfang
Wanhua Micro Fiber
Meisheng Group
FILWEL
Sanling Micro Fiber
SISA
Ecolorica
Seiren
Rishabh Velveleen
Tongda Island