Artificial Leather Products Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Products made with synthetic leather. It is a form of plastic created and manufactured for fabric, wall coverings, flooring materials, automotive applications, and other applications. Artificial leather is sometimes known as synthetic or vinyl leather. Furthermore, it may exclusively refer to the material used in automotive interior parts such as dashboards or door panels, commonly constructed of polyvinyl chloride (PVC) compounds.
MARKET DYNAMICS
Consumer spending on luxury items is rapidly expanding, and demand for premium products is likely to fuel market expansion. The increasing influence of celebrities and social media marketing in developing and developed countries is expected to fuel market expansion. The leather trousers industry keeps up with the most recent fashion trends. As a result, new breezes in fashion seriously influence the sector's growth and provide potential market growth opportunities. Technological development in manufacturing processes is expected to spark market growth. Moreover, the rapid increase in e-commerce platforms in the retail sector sparks market growth.
MARKET SCOPE
The "Global Artificial Leather Products Market Analysis to 2031" is a specialized and in-depth study of the consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the artificial leather products market with detailed market segmentation based on product type and distribution channel. The global artificial leather products market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading artificial leather products market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global artificial leather products market is segmented into product type and distribution channel. By product type, the artificial leather products market is classified into bags, clothing, accessories, and others. By distribution channel, the artificial leather products market is classified into supermarkets and hypermarkets, specialty stores, online retail and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global artificial leather products market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The artificial leather products market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the artificial leather products market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the artificial leather products in these regions.
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The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global artificial leather products market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The artificial leather products market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the artificial leather products market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the artificial leather products in these regions.
MARKET PLAYERS
The report covers vital developments in the artificial leather products as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the artificial leather products are anticipated to lucrative growth opportunities in the future with the rising demand for artificial leather products in the global market. Below mentioned is the list of few companies engaged in the artificial leather products market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the artificial leather products market. Besides, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of the last three years, the critical development in the past five years.
- MarvelVinyls
- Shenzhen Minray Products Co., Ltd.
- YOOX NET-A-PORTER GROUP
- Aleksandre Akhalkatsishvili
- Noon Goons
- Adidas AG
- LEVI STRAUSS & CO.
- VERO MODA
- Lado Bokuchava
- Hennes & Mauritz AB (H&M)
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Artificial Leather Products Market - By Product Type
1.3.2Artificial Leather Products Market - By Distribution Channel
1.3.3Artificial Leather Products Market - By Region
1.3.3.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.ARTIFICIAL LEATHER PRODUCTS MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.EXPERT OPINIONS
5.ARTIFICIAL LEATHER PRODUCTS MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6.ARTIFICIAL LEATHER PRODUCTS MARKET - GLOBAL MARKET ANALYSIS
6.1.ARTIFICIAL LEATHER PRODUCTS - GLOBAL MARKET OVERVIEW
6.2.ARTIFICIAL LEATHER PRODUCTS - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING
7.ARTIFICIAL LEATHER PRODUCTS MARKET - REVENUE AND FORECASTS TO 2028 " PRODUCT TYPE
7.1.OVERVIEW
7.2.PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3.BAGS
7.3.1.Overview
7.3.2.Bags Market Forecast and Analysis
7.4.CLOTHING
7.4.1.Overview
7.4.2.Clothing Market Forecast and Analysis
7.5.ACCESSORIES
7.5.1.Overview
7.5.2.Accessories Market Forecast and Analysis
7.6.OTHERS
7.6.1.Overview
7.6.2.Others Market Forecast and Analysis
8.ARTIFICIAL LEATHER PRODUCTS MARKET - REVENUE AND FORECASTS TO 2028 " DISTRIBUTION CHANNEL
8.1.OVERVIEW
8.2.DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
8.3.SUPERMARKETS AND HYPERMARKETS
8.3.1.Overview
8.3.2.Supermarkets and Hypermarkets Market Forecast and Analysis
8.4.SPECIALTY STORES
8.4.1.Overview
8.4.2.Specialty Stores Market Forecast and Analysis
8.5.ONLINE RETAIL
8.5.1.Overview
8.5.2.Online Retail Market Forecast and Analysis
8.6.OTHERS
8.6.1.Overview
8.6.2.Others Market Forecast and Analysis
9.ARTIFICIAL LEATHER PRODUCTS MARKET REVENUE AND FORECASTS TO 2028 " GEOGRAPHICAL ANALYSIS
9.1.NORTH AMERICA
9.1.1North America Artificial Leather Products Market Overview
9.1.2North America Artificial Leather Products Market Forecasts and Analysis
9.1.3North America Artificial Leather Products Market Forecasts and Analysis - By Product Type
9.1.4North America Artificial Leather Products Market Forecasts and Analysis - By Distribution Channel
9.1.5North America Artificial Leather Products Market Forecasts and Analysis - By Countries
9.1.5.1United States Artificial Leather Products Market
9.1.5.1.1United States Artificial Leather Products Market by Product Type
9.1.5.1.2United States Artificial Leather Products Market by Distribution Channel
9.1.5.2Canada Artificial Leather Products Market
9.1.5.2.1Canada Artificial Leather Products Market by Product Type
9.1.5.2.2Canada Artificial Leather Products Market by Distribution Channel
9.1.5.3Mexico Artificial Leather Products Market
9.1.5.3.1Mexico Artificial Leather Products Market by Product Type
9.1.5.3.2Mexico Artificial Leather Products Market by Distribution Channel
9.2.EUROPE
9.2.1Europe Artificial Leather Products Market Overview
9.2.2Europe Artificial Leather Products Market Forecasts and Analysis
9.2.3Europe Artificial Leather Products Market Forecasts and Analysis - By Product Type
9.2.4Europe Artificial Leather Products Market Forecasts and Analysis - By Distribution Channel
9.2.5Europe Artificial Leather Products Market Forecasts and Analysis - By Countries
9.2.5.1Germany Artificial Leather Products Market
9.2.5.1.1Germany Artificial Leather Products Market by Product Type
9.2.5.1.2Germany Artificial Leather Products Market by Distribution Channel
9.2.5.2France Artificial Leather Products Market
9.2.5.2.1France Artificial Leather Products Market by Product Type
9.2.5.2.2France Artificial Leather Products Market by Distribution Channel
9.2.5.3Italy Artificial Leather Products Market
9.2.5.3.1Italy Artificial Leather Products Market by Product Type
9.2.5.3.2Italy Artificial Leather Products Market by Distribution Channel
9.2.5.4United Kingdom Artificial Leather Products Market
9.2.5.4.1United Kingdom Artificial Leather Products Market by Product Type
9.2.5.4.2United Kingdom Artificial Leather Products Market by Distribution Channel
9.2.5.5Russia Artificial Leather Products Market
9.2.5.5.1Russia Artificial Leather Products Market by Product Type
9.2.5.5.2Russia Artificial Leather Products Market by Distribution Channel
9.2.5.6Rest of Europe Artificial Leather Products Market
9.2.5.6.1Rest of Europe Artificial Leather Products Market by Product Type
9.2.5.6.2Rest of Europe Artificial Leather Products Market by Distribution Channel
9.3.ASIA-PACIFIC
9.3.1Asia-Pacific Artificial Leather Products Market Overview
9.3.2Asia-Pacific Artificial Leather Products Market Forecasts and Analysis
9.3.3Asia-Pacific Artificial Leather Products Market Forecasts and Analysis - By Product Type
9.3.4Asia-Pacific Artificial Leather Products Market Forecasts and Analysis - By Distribution Channel
9.3.5Asia-Pacific Artificial Leather Products Market Forecasts and Analysis - By Countries
9.3.5.1Australia Artificial Leather Products Market
9.3.5.1.1Australia Artificial Leather Products Market by Product Type
9.3.5.1.2Australia Artificial Leather Products Market by Distribution Channel
9.3.5.2China Artificial Leather Products Market
9.3.5.2.1China Artificial Leather Products Market by Product Type
9.3.5.2.2China Artificial Leather Products Market by Distribution Channel
9.3.5.3India Artificial Leather Products Market
9.3.5.3.1India Artificial Leather Products Market by Product Type
9.3.5.3.2India Artificial Leather Products Market by Distribution Channel
9.3.5.4Japan Artificial Leather Products Market
9.3.5.4.1Japan Artificial Leather Products Market by Product Type
9.3.5.4.2Japan Artificial Leather Products Market by Distribution Channel
9.3.5.5South Korea Artificial Leather Products Market
9.3.5.5.1South Korea Artificial Leather Products Market by Product Type
9.3.5.5.2South Korea Artificial Leather Products Market by Distribution Channel
9.3.5.6Rest of Asia-Pacific Artificial Leather Products Market
9.3.5.6.1Rest of Asia-Pacific Artificial Leather Products Market by Product Type
9.3.5.6.2Rest of Asia-Pacific Artificial Leather Products Market by Distribution Channel
9.4.MIDDLE EAST AND AFRICA
9.4.1Middle East and Africa Artificial Leather Products Market Overview
9.4.2Middle East and Africa Artificial Leather Products Market Forecasts and Analysis
9.4.3Middle East and Africa Artificial Leather Products Market Forecasts and Analysis - By Product Type
9.4.4Middle East and Africa Artificial Leather Products Market Forecasts and Analysis - By Distribution Channel
9.4.5Middle East and Africa Artificial Leather Products Market Forecasts and Analysis - By Countries
9.4.5.1South Africa Artificial Leather Products Market
9.4.5.1.1South Africa Artificial Leather Products Market by Product Type
9.4.5.1.2South Africa Artificial Leather Products Market by Distribution Channel
9.4.5.2Saudi Arabia Artificial Leather Products Market
9.4.5.2.1Saudi Arabia Artificial Leather Products Market by Product Type
9.4.5.2.2Saudi Arabia Artificial Leather Products Market by Distribution Channel
9.4.5.3U.A.E Artificial Leather Products Market
9.4.5.3.1U.A.E Artificial Leather Products Market by Product Type
9.4.5.3.2U.A.E Artificial Leather Products Market by Distribution Channel
9.4.5.4Rest of Middle East and Africa Artificial Leather Products Market
9.4.5.4.1Rest of Middle East and Africa Artificial Leather Products Market by Product Type
9.4.5.4.2Rest of Middle East and Africa Artificial Leather Products Market by Distribution Channel
9.5.SOUTH AND CENTRAL AMERICA
9.5.1South and Central America Artificial Leather Products Market Overview
9.5.2South and Central America Artificial Leather Products Market Forecasts and Analysis
9.5.3South and Central America Artificial Leather Products Market Forecasts and Analysis - By Product Type
9.5.4South and Central America Artificial Leather Products Market Forecasts and Analysis - By Distribution Channel
9.5.5South and Central America Artificial Leather Products Market Forecasts and Analysis - By Countries
9.5.5.1Brazil Artificial Leather Products Market
9.5.5.1.1Brazil Artificial Leather Products Market by Product Type
9.5.5.1.2Brazil Artificial Leather Products Market by Distribution Channel
9.5.5.2Argentina Artificial Leather Products Market
9.5.5.2.1Argentina Artificial Leather Products Market by Product Type
9.5.5.2.2Argentina Artificial Leather Products Market by Distribution Channel
9.5.5.3Rest of South and Central America Artificial Leather Products Market
9.5.5.3.1Rest of South and Central America Artificial Leather Products Market by Product Type
9.5.5.3.2Rest of South and Central America Artificial Leather Products Market by Distribution Channel
10.INDUSTRY LANDSCAPE
10.1.MERGERS AND ACQUISITIONS
10.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3.NEW PRODUCT LAUNCHES
10.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11.ARTIFICIAL LEATHER PRODUCTS MARKET, KEY COMPANY PROFILES
11.1.MARVELVINYLS
11.1.1.Key Facts
11.1.2.Business Description
11.1.3.Products and Services
11.1.4.Financial Overview
11.1.5.SWOT Analysis
11.1.6.Key Developments
11.2.SHENZHEN MINRAY PRODUCTS CO., LTD.
11.2.1.Key Facts
11.2.2.Business Description
11.2.3.Products and Services
11.2.4.Financial Overview
11.2.5.SWOT Analysis
11.2.6.Key Developments
11.3.YOOX NET-A-PORTER GROUP
11.3.1.Key Facts
11.3.2.Business Description
11.3.3.Products and Services
11.3.4.Financial Overview
11.3.5.SWOT Analysis
11.3.6.Key Developments
11.4.ALEKSANDRE AKHALKATSISHVILI
11.4.1.Key Facts
11.4.2.Business Description
11.4.3.Products and Services
11.4.4.Financial Overview
11.4.5.SWOT Analysis
11.4.6.Key Developments
11.5.NOON GOONS
11.5.1.Key Facts
11.5.2.Business Description
11.5.3.Products and Services
11.5.4.Financial Overview
11.5.5.SWOT Analysis
11.5.6.Key Developments
11.6.ADIDAS AG
11.6.1.Key Facts
11.6.2.Business Description
11.6.3.Products and Services
11.6.4.Financial Overview
11.6.5.SWOT Analysis
11.6.6.Key Developments
11.7.LEVI STRAUSS AND CO.
11.7.1.Key Facts
11.7.2.Business Description
11.7.3.Products and Services
11.7.4.Financial Overview
11.7.5.SWOT Analysis
11.7.6.Key Developments
11.8.VERO MODA
11.8.1.Key Facts
11.8.2.Business Description
11.8.3.Products and Services
11.8.4.Financial Overview
11.8.5.SWOT Analysis
11.8.6.Key Developments
11.9.LADO BOKUCHAVA
11.9.1.Key Facts
11.9.2.Business Description
11.9.3.Products and Services
11.9.4.Financial Overview
11.9.5.SWOT Analysis
11.9.6.Key Developments
11.10.HENNES AND MAURITZ AB (H AND M)
11.10.1.Key Facts
11.10.2.Business Description
11.10.3.Products and Services
11.10.4.Financial Overview
11.10.5.SWOT Analysis
11.10.6.Key Developments
12.APPENDIX
12.1.ABOUT THE INSIGHT PARTNERS
12.2.GLOSSARY OF TERMS
1.MarvelVinyls
2.Shenzhen Minray Products Co., Ltd.
3.YOOX NET-A-PORTER GROUP
4.Aleksandre Akhalkatsishvili
5.Noon Goons
6.Adidas AG
7.LEVI STRAUSS and CO.
8.VERO MODA
9.Lado Bokuchava
10.Hennes and Mauritz AB (H and M)
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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