Mycelium leather market is anticipated to grow at a significant CAGR of 9.1% during the forecast period (2024-2031). The market growth is attributed to the growing adoption of mycelium leather in fashion and accessories to furniture and automotive interiors. Using mycelium instead of animal leather in textiles is one of the major successful uses of the material owing to bleaching and dying capacity. In January 2024, MycoWorks announced that its commercial-scale Fine Mycelium plant has successfully harvested over a thousand sheets of the company’s revolutionary luxury leather-alternative biomaterial and has already achieved a level of product quality exceeding that of its California pilot plant. This has allowed the company to move to the next phase of its production ramp-up, loading over 10,000 trays to date that have been harvested.
Mycelium leather is receiving a lot of attention among other existing leather alternatives for its various advantages in terms of quality and manufacturing lead-time. The funding project participation is the starting point for market players to continue to identify investment opportunities in the eco-friendly materials field. For instance, in January 2022, SK networks invested $20 million in a US eco-friendly materials company. Mycelium leather is an eco-friendly product that innovatively reduces environment contamination and carbon emissions that were previously observed in processing of animal breed for leather production. SK networks has been collecting information regarding the relevant field continuously such as participating in US bio startup funding and has taken particular note of sustainability and entrepreneurial competitiveness exhibited by MycoWorks.
Market players are testing mycelium materials against the high-performance standards for leather products and their ability to withstand tanning processes. For instance, in November 2022, leather producer ECCO collaborated with Ecovative to pursue new mycelium materials. The first-of-its-kind partnership, between a traditional leather tannery and a mycelium technology company, leverages Ecovative's strengths in developing sustainable materials with mycelium — the fibrous 'root structure' of mushrooms and ECCO's expertise in the development and production of leather for a wide range of consumer products.
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• The market number available for – 2023-2031
• Base year- 2023
• Forecast period- 2024-2031
Segment Covered-
• By End-User
Regions Covered-
• North America
• Europe
• Asia-Pacific
• Rest of the World
Competitive Landscape- Bolt Threads, Ecovative LLC, Modern Meadow, Inc., Mycoworks Inc. and Polybion among others.
Mycelium Leather Market Report Segment
By Type
• Dyed Mycelium Leather
• Unstained Mycelium Leather
By End-User
• Fashion and Apparel
• Automotive
• Furniture
• Home Decor
• Consumer Goods
• Others (Upholstery)
Mycelium Leather Market Report Segment by Region
A full Report of Mycelium Leather Market is Available @ https://www.omrglobal.com/industry-reports/mycelium-leather-market
· United States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest of Europe
Asia-Pacific
· India
· China
· Japan
· South Korea
· Rest of APAC
Rest of the World
• Latin America
• Middle East and Africa
Company Profiles
• Biohm Ltd.
• CFDA
• Evolved by Nature
• Forager Apparel Co.
• GOZEN BIOWORKS CORP.
• Green Projects Group LLC
• GROWN bio
• Magical Mushroom Company Ltd. (Symbiotec Ltd.)
• mogu
• MycoFutures
• Mycotech Lab
• Mykkö
• Natural Fiber Welding, Inc.
• NEFFA
• Really Clever
• UNCAGED Innovations
• Vegea SRL
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