North America Synthetic Leather Market Analysis and Growth by Forecast to 2021-2028

The North
America Synthetic Leather Market is expected to grow from US$ 5096.85
million in 2021 to US$ 7937.78 million by 2028; it is estimated to grow at a
CAGR of 6.5% from 2021 to 2028.

North America Synthetic Leather Market widespread popularity
spans diverse sectors like footwear, apparel, furniture, and automotive. Its
primary applications lie in clothing, luggage, and cases, with a growing
presence in jackets, coats, handbags, purses, and belts. The footwear industry
exhibits substantial demand for synthetic leather, particularly in shoes, owing
to its affordability, abrasion resistance, and water resistance. In furniture,
synthetic leather has gained traction for upholstery, covering chairs and
lining desks and tables, and is prevalent in sofas and headboards. Its
availability in numerous colors, styles, textures, and patterns fuels its
increasing use in residential and commercial interior decoration, further
propelling market growth. The automotive industry also utilizes synthetic
leather, notably for car seating, contributing to cost reduction. The rising
demand for automotive interior materials, driven by the expanding automotive
sector, consequently boosts the synthetic leather market. Overall, the
escalating demand from key end-use industries such as footwear, furnishings,
clothing, and automotive is a significant driver for the North America
Synthetic Leather Market.

The North American economy experienced a significant
downturn due to the COVID-19 pandemic. Substantial disruptions in manufacturing
and raw material sourcing negatively impacted the demand for synthetic leather
in the region. The pandemic also caused widespread disruptions across various
manufacturing activities, affecting industries like footwear and clothing, as
well as the demand for synthetic leather in furniture applications.
Furthermore, the automotive industry in North America was severely affected.
However, the market is showing signs of recovery, supported by significant
government initiatives like vaccination drives. As businesses regain confidence
in stabilizing economies and anticipate increased demand, many players are
resuming pre-COVID investment plans. This resurgence is expected to provide
impetus for North America Synthetic Leather Market growth.

The introduction of new features and technologies offers
vendors opportunities to attract new customers and expand their presence in
emerging markets, a factor likely to drive the synthetic leather market. The
North American synthetic leather market is projected to experience a robust
Compound Annual Growth Rate (CAGR) during the forecast period.

North America Synthetic Leather Market Strategic Insights

Strategic insights for the North America Synthetic Leather
market provide a data-driven analysis of the industry landscape, encompassing
current trends, key players, and regional nuances. These insights offer
actionable recommendations, enabling readers to differentiate themselves from
competitors by identifying untapped segments or developing unique value
propositions. By leveraging data analytics, these insights assist industry
players—including investors, manufacturers, and other stakeholders—in anticipating
market shifts. A forward-looking perspective is crucial, helping stakeholders
prepare for market changes and position themselves for long-term success in
this dynamic region. Ultimately, effective strategic insights empower readers
to make informed decisions that drive profitability and achieve their business
objectives within the market.

North America Synthetic Leather Market Segmentation

North America Synthetic Leather Market – By Type

• Polyurethane


• Polyvinyl
  Chloride


• Silicone


• Others

North America Synthetic Leather Market – By Application

• Footwear


• Furniture


• Automotive


• Clothing


• Stationery
  Goods


• Others

North America Synthetic Leather Market- By Country

• US


• Canada


• Mexico

North America Synthetic Leather Market-Companies
Mentioned

• BASF
  SE


• Fujian
  Polytech Technology Corp.,Ltd.


• H.R.Polycoats
  Pvt. Ltd.


• KURARAY
  CO., LTD.


• Mayur
  Uniquoters Limited


• Nan
  Ya Plastics


• San
  Fang Chemical Industry Co., Ltd


• Teijin
  Limited

Other Reports: 

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North America Recovered Carbon Black Market: https://postyourarticle.com/north-america-recovered-carbon-black-market-top-key-players-target-audience-and-forecast-to-2028/ 

North America Medical Aesthetics Market: https://sites.google.com/view/medical-aesthetics-n/home 

North America Automotive Lead Acid Battery Market: https://business-news-insights.blogspot.com/2025/04/north-america-automotive-lead-acid.html 

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Author’s Bio:

Suryakant Gadekar

Senior Market Research Expert at Business Market
Insights