Synthetic Leather Market Soars: Trends, Growth Drivers & Future Outlook (2024–2029)
In an era where affordability, sustainability, and innovation drive consumer choices, the synthetic leather market is emerging as a compelling contender to traditional leather. Its appeal spans industries—from fashion and footwear to furniture and automotive—making it a focal point for businesses and consumers alike. Synthetic Leather Market Overview According to a recent MarketsandMarkets report, the global synthetic leather market was valued at USD 71.93 billion in 2024 , and is projected to climb to USD 93.25 billion by 2029 , registering a steady CAGR of 5.3% . This robust growth underlines the expanding footprint of synthetic leather across various end-use industries. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=6616309 Synthetic Leather Market Growth Drivers Footwear & Apparel Boom: The growing fashion and footwear sectors are major catalysts behind the market’s expansion. Consumers are increasingly choosing synthetic leather for it...