Market revenue in 2023 | USD 2,109.6 million |
Market revenue in 2030 | USD 3,145.4 million |
Growth rate | 5.9% (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 |
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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 63.76% in 2023. Horizon Databook has segmented the UK 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.
Artificial leather market in the UK is nearing maturity. The region is expected to exhibit moderate growth over the forecast period. The vegan population, which consumes animal-friendly products, has risen in the UK over the past few years.
According to the Vegan Society, the vegan population in the country has risen from 150,000 to 542,000 within the last 10 years. Such demographic changes are likely to favor the growth of synthetic leather market in the country in the coming years.
Horizon Databook provides a detailed overview of country-level data and insights on the UK synthetic leather market , including forecasts for subscribers. This country databook contains high-level insights into UK synthetic leather market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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