Germany Synthetic Leather Market Size & Outlook, 2023-2030
Germany synthetic leather market, 2018-2030 (US$M)
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Germany synthetic leather market highlights
- The Germany synthetic leather market generated a revenue of USD 3,383.2 million in 2023 and is expected to reach USD 5,473.3 million by 2030.
- The Germany market is expected to grow at a CAGR of 7.1% 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 2023 | USD 3,383.2 million |
| Market revenue in 2030 | USD 5,473.3 million |
| Growth rate | 7.1% (CAGR from 2023 to 2030) |
| Largest segment | Pu synthetic leather |
| Fastest growing segment | PU synthetic leather |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PU synthetic leather, PVC Synthetic Leather, Bio-based Leather |
| Key market players worldwide | Kuraray 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, Germany accounted for 8.7% 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 Europe, Germany synthetic leather market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 5,473.3 million by 2030.
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Synthetic Leather Market Scope
Synthetic Leather Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 63.8% in 2023. Horizon Databook has segmented the Germany 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.
German leather industry observed a slow growth during the past few years. Animal hide production in the EU has witnessed a declining trend. Thus, extensive research & development activities in synthetic leather market led by new market entrants created a promising growth for the overall market.
Automotive interior, upholstery, and footwear segments observed lucrative growth in terms of demand. Moreover, luxurious goods, shoes, and bags manufactured from artificial leather also witnessed a huge demand.
Berger Industrietechnik, Adolf Bockemühl GmbH Co. KG, Autohaus Gottstedt GmbH, Benecke-Kaliko Aktiengesellschaft, and CT Formpolster GmbH are few of the major market players in synthetic leather market of Germany.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany synthetic leather market , including forecasts for subscribers. This country databook contains high-level insights into Germany synthetic leather market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany synthetic leather market size, by type, 2018-2030 (US$M)
Germany Synthetic Leather Market Outlook Share, 2023 & 2030 (US$M)
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