Market Size

Global market: The global synthetic leather market size is expected to reach 3.715 billion US dollars by 2025.

Chinese market: China is the world's largest consumer market for PU synthetic leather, and relevant data shows that the current size of the PU synthetic leather market in China has far exceeded 120 billion yuan.

Growth trend

Global trend: It is expected that by 2032, the global synthetic leather market size will reach 5.713 billion US dollars, with an average annual compound growth rate of 6.34% from 2025 to 2032. The main reason for the growth is the recovery of the global economy and the rise of emerging markets, which bring new opportunities to the industry. At the same time, the demand for environmentally friendly and cost-effective leather alternatives in industries such as fashion, automotive, and furniture continues to grow. Consumers' increasing preference for sustainable and animal free materials has prompted manufacturers to develop high-quality polyurethane synthetic leather products.

Chinese trend: The PU synthetic leather market in China is continuously expanding in size, with a high level of market maturity. Driven by the rapid development of the manufacturing industry, the market demand within the industry has surged by 2. With the increasing demand for PU synthetic leather in China, the market potential will be further enhanced.