Brazil Synthetic Leather Market Size & Outlook, 2023-2030

The synthetic leather market in Brazil is expected to reach a projected revenue of US$ 3,452.2 million by 2030. A compound annual growth rate of 8.8% is expected of Brazil synthetic leather market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,916.9
Forecast, 2030 (US$M)
$3,452.2
CAGR, 2024 - 2030
8.8%
Report Coverage
Brazil

Brazil synthetic leather market highlights

  • The Brazil synthetic leather market generated a revenue of USD 1,916.9 million in 2023 and is expected to reach USD 3,452.2 million by 2030.
  • The Brazil market is expected to grow at a CAGR of 8.8% from 2024 to 2030.
  • In terms of segment, pu synthetic leather was the largest revenue generating type in 2023.
  • PU synthetic leather is the most lucrative type segment registering the fastest growth during the forecast period.


Synthetic leather market data book summary

Market revenue in 2023USD 1,916.9 million
Market revenue in 2030USD 3,452.2 million
Growth rate8.8% (CAGR from 2023 to 2030)
Largest segmentPu synthetic leather
Fastest growing segmentPU synthetic leather
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPU synthetic leather, PVC Synthetic Leather, Bio-based Leather
Key market players worldwideKuraray Co Ltd, Air Water Inc, Teijin Ltd, Mayur Uniquoters, Nan Ya Plastics, H.R. Polycoats, Velcro, San Fang Chemical Industry


Other key industry trends

  • In terms of revenue, Brazil accounted for 4.9% of the global synthetic leather market in 2023.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil synthetic leather market is projected to lead the regional market in terms of revenue in 2030.
  • Brazil is the fastest growing regional market in Latin America and is projected to reach USD 3,452.2 million by 2030.

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Synthetic Leather Market Companies

Name Profile # Employees HQ Website

Brazil synthetic leather market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to synthetic leather market will help companies and investors design strategic landscapes.


Pu synthetic leather was the largest segment with a revenue share of 53.29% in 2023. Horizon Databook has segmented the Brazil synthetic leather market based on pu synthetic leather, pvc synthetic leather, bio-based leather covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of synthetic leather market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil synthetic leather market , including forecasts for subscribers. This country databook contains high-level insights into Brazil synthetic leather market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Brazil synthetic leather market size, by type, 2018-2030 (US$M)

Brazil Synthetic Leather Market Outlook Share, 2023 & 2030 (US$M)

Brazil synthetic leather market size, by type, 2018-2030 (US$M)

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