The market size of bio-based leather was valued at USD 725 million in 2022. It is projected to reach USD 1200 million by 2030, exhibiting a compound annual growth rate (CAGR) of 6.5% during the forecast period from 2023 to 2030.
Bio-based Leather Market Forecast refers to a type of leather that is derived from renewable resources, such as plant-based materials or agricultural waste. This sustainable alternative to traditional leather has gained significant traction in recent years due to its eco-friendly nature and growing consumer demand for environmentally conscious products.
The market's impressive growth can be attributed to several factors. Firstly, the increasing awareness among consumers about the environmental impact of traditional leather production has led to a shift towards more sustainable alternatives. Bio-based leather offers a viable solution by reducing the reliance on animal-derived materials and minimizing the carbon footprint associated with leather manufacturing.
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Market Segmentation:
By Source
- Mushroom
- Pineapple
- Cork
- Leftover Fruits (apple & grapes)
- Others(includes corn, coconut husk, palm, and cactus)
By End-Use
- Footwear
- Garments & Accessories
- Others (includes furniture and automotive)
Key players:
Natural Fiber Welding Inc., Ananas Anam Ltd., Toray Industries Inc., Bolt Threads Inc., Modern Meadows, ECCO Leather, Nat-2, MycoWorks, VEGEA, Fruitleather Rotterdam, Ultrafabrics, Tjeerd Veenhoven studio.
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Table of Content
1. Introduction
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession on Major Economies
5. Value Chain Analysis
6. Porter’s 5 forces model Textile Chemicals Market
7. PEST Analysis
8. Emulsion Bio-Based Leather Market Forecast By Source
9.Emulsion Bio-Based Leather Market Forecast By End Use Industry
10.Emulsion Bio-Based Leather Market Forecast By Application
11.Regional Analysis
12. Company Profiles
13. Competitive Landscape
14. Conclusion
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