Mexico Synthetic Leather Market Size & Outlook, 2023-2030
Mexico synthetic leather market, 2018-2030 (US$M)
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Mexico synthetic leather market highlights
- The Mexico synthetic leather market generated a revenue of USD 1,078.4 million in 2023 and is expected to reach USD 1,682.7 million by 2030.
- The Mexico market is expected to grow at a CAGR of 6.6% 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 1,078.4 million |
| Market revenue in 2030 | USD 1,682.7 million |
| Growth rate | 6.6% (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, Mexico accounted for 2.8% 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 North America, U.S. synthetic leather market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 8,784.0 million by 2030.
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Synthetic Leather Market Scope
Synthetic Leather Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico 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 52.47% in 2023. Horizon Databook has segmented the Mexico 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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico synthetic leather market , including forecasts for subscribers. This country databook contains high-level insights into Mexico synthetic leather market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico synthetic leather market size, by type, 2018-2030 (US$M)
Mexico Synthetic Leather Market Outlook Share, 2023 & 2030 (US$M)
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