Japan Synthetic Leather Market Growth, Trends, Size, Scope, Revenue, Challenges and Future Share
Japan Synthetic Leather Market Size- By Product, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
| Published: Apr-2023 | Report ID: CHEM2359 | Pages: 1 - 108 | Formats*: |
| Category : Chemical & Materials | |||
Japan Synthetic Leather Market Overview
According to SPER Market Research, the Japan Synthetic Leather Market is estimated to reach USD XX billion by 2032 with a CAGR of 8.15%
Synthetic leather, also known as faux leather or vegan leather, is a man-made material designed to mimic the look and feel of genuine leather. It is typically made from a variety of materials, such as polyurethane or PVC, and is often used as a more affordable and animal-friendly alternative to real leather. While synthetic leather may not have the same durability quality, it does have some advantages. It is often easier to clean and maintain, Additionally, synthetic leather does not require the same level of resources and environmental impact as animal leather production.
The Japanese synthetic leather market size was valued in billions in 2017 as the growing demand for eco-friendly and sustainable products is likely to drive the growth of the market in the coming years. Moreover, it is anticipated that the market would rise because to the rising vegan population and technological advancements made by several major businesses.
Exploring the Growth Drivers of the Japan Synthetic Leather Industry
In Japan, there are strict regulations in place to prevent animal cruelty and neglect. The Act on Welfare and Management of Animals (1973) outlines fines and imprisonment for killing or wounding protected animals. As a result, the market for synthetic leather has grown, as it is made from plant-based materials and does not involve harming or slaughtering animals. Additionally, the fashion industry has shifted towards using leather substitutes for bags, luggage, and footwear. The rise in veganism in Japan, with around 2 million vegans, has also contributed to the increase in sales of vegan products, including synthetic leather.
What challenges does the Japan Synthetic Leather Market face?
Despite the growth opportunities, the Japan synthetic leather market faces several challenges. One of the main challenges is competition from genuine leather products. Synthetic leather still viewed by some consumers as inferior in quality and durability. Another challenge for the synthetic leather market is the environmental impact of its production. Although synthetic leather can be made from plant-based materials, many types of synthetic leather are produced using petrochemicals and other non-renewable resources. Finally, the durability and longevity of synthetic leather products can also be a challenge.
In what ways has the COVID-19 pandemic affected Japan Synthetic Leather Market?
The COVID-19 pandemic has had a significant impact on the synthetic leather market, One of the main effects of the pandemic has been a decrease in demand for luxury goods, including high-end fashion items made with synthetic leather. Many consumers have cut back on discretionary spending due to economic uncertainty and job losses, and this has affected sales of synthetic leather products. Furthermore, the pandemic has disrupted global supply chains, making it more difficult for manufacturers of synthetic leather to access raw materials and other inputs.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Product, By End User |
| Regions covered | Tokyo, Osaka, Nagoya, Fukuoka, Sendai, Hiroshima, Naha, Kitakyushu, Kumamoto, Others |
| Companies Covered | Achilles Corporation, Air Water Inc., Alfatex Italia SRL, Ashai Kasei Corporation, Fujian Polytech Technology Corp., Ltd., H.R. Poly coats Pvt. Ltd., Kuraray Co., Ltd., KYOWA Leather Cloth Co., Ltd., Mayur Uniquoters Limited, Nan Ya Plastics Corporation, San Fang Chemical Industry Co., Ltd., SEIREN Co. Ltd., Teijin Limited, Toray Industries, Inc., Ultra Fabrics Holdings Co. Ltd., Zhejiang Hexin Holdings Ltd., Others |
Key Target Audience:
- Fashion Industry
- Automotive Industry
- Animal right activist user
Japan Synthetic Leather Market Segmentation:
1. By Product:
- Polyurethane (PU)
- Polyvinyl Chloride (PVC)
2. By End User:
- Automobile
- Footwear
- Furnishing
- Garments
- Interior
- Luxury Goods
- Sporting Goods
- Others
3. By Region:
- Tokyo
- Osaka
- Nagoya
- Fukuoka
- Sendai
- Hiroshima
- Naha
- Kitakyushu
- Kumamoto
Key Topics Covered in the Report:
- Japan Synthetic Leather Market Size (FY’2019-FY’2032)
- Overview of Japan Synthetic Leather Market
- Segmentation of Japan Synthetic Leather Market By Product (Polyurethane, Polyvinyl Chloride)
- Segmentation of Japan Synthetic Leather Market By End User (Automobile, Footwear, Furnishing, Garments, Interior, Luxury Goods, Sporting Goods, Others)
- Statistical Snap of Japan Synthetic Leather Market
- Growth Analysis of Japan Synthetic Leather Market
- Problems and Challenges in Japan Synthetic Leather Market
- Competitive Landscape in the Japan Synthetic Leather Market
- Impact of COVID-19 and Demonetization on Japan Synthetic Leather Market
- Details on Recent Investment in Japan Synthetic Leather Market
- Competitive Analysis of Japan Synthetic Leather Market
- Key Players in the Japan Synthetic Leather Market
- SWOT Analysis of Japan Synthetic Leather Market
- Japan Synthetic Leather Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1 Research data source2.1.1 Secondary data2.1.2 Primary data2.1.3 SPER’s internal database2.1.4 Premium insight from KOL’s2.2 Market size estimation2.2.1 Top-down and Bottom-up approach2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1 Drivers4.1.2 Restraints4.1.3 Opportunities4.1.4 Challenges4.2. COVID-19 Impacts of the Japan Synthetic Leather Market
5. Market variables and outlook
5.1. SWOT analysis5.1.1 Strengths5.1.2 Weaknesses5.1.3 Opportunities5.1.4 Threats5.2. PESTEL analysis5.2.1 Political landscape5.2.2 Economic landscape5.2.3 Social landscape5.2.4 Technological landscape5.2.5 Environmental landscape5.2.6 Legal landscape5.3. PORTER’S five forces analysis5.3.1 Bargaining power of suppliers5.3.2 Bargaining power of Buyers5.3.3 Threat of Substitute5.3.4 Threat of new entrant5.3.5 Competitive rivalry5.4. Heat map analysis
6. Competitive Landscape
6.1 Japan Synthetic Leather Manufacturing Base Distribution, Sales Area, Product Type6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Japan Synthetic Leather Market
7. Japan Synthetic Leather Market, By Product, 2019-2032 (USD Million)
7.1 Polyurethane (PU)7.2 Polyvinyl Chloride (PVC)
8. Japan Synthetic Leather Market, By End User, 2019-2032 (USD Million)
8.1 Automobile8.2 Footwear8.3 Furnishing8.4 Garments8.5 Interior8.6 Luxury Goods8.7 Sporting Goods8.8 Others
9. Japan Synthetic Leather Market, By Region, 2019-2032 (USD Million)
9.1 Japan Synthetic Leather Market Size and Market Share by Region (2019-2025)9.2 Japan Synthetic Leather Market Size and Market Share by Region (2026-2032)9.3 Tokyo9.4 Osaka9.5 Nagoya9.6 Fukuoka9.7 Sendai9.8 Hiroshima9.9 Naha9.10 Kitakyushu9.11 Kumamoto9.12 Others
10. Company Profiles
10.1 Achilles Corporation10.1.1 Company details10.1.2 Financial outlook10.1.3 Product summary10.1.4 Recent developments10.2 AIR WATER, Inc.10.2.1 Company details10.2.2 Financial outlook10.2.3 Product summary10.2.4 Recent developments10.3 Alfatex Italia SRL10.3.1 Company details10.3.2 Financial outlook10.3.3 Product summary10.3.4 Recent developments10.4 Asahi Kasei Corporation10.4.1 Company details10.4.2 Financial outlook10.4.3 Product summary10.4.4 Recent developments10.5 Fujian Polytech Technology Corp., Ltd.10.5.1 Company details10.5.2 Financial outlook10.5.3 Product summary10.5.4 Recent developments10.6 H.R.Polycoats Pvt. Ltd.10.6.1 Company details10.6.2 Financial outlook10.6.3 Product summary10.6.4 Recent developments10.7 Kuraray Co., Ltd10.7.1 Company details10.7.2 Financial outlook10.7.3 Product summary10.7.4 Recent developments10.8 KYOWA Leather Cloth Co., Ltd.10.8.1 Company details10.8.2 Financial outlook10.8.3 Product summary10.8.4 Recent developments10.9 Mayur Uniquoters Limited10.9.1 Company details10.9.2 Financial outlook10.9.3 Product summary10.9.4 Recent developments10.10 Nan Ya Plastics Corporation10.10.1 Company details10.10.2 Financial outlook10.10.3 Product summary10.10.4 Recent developments10.11 San Fang Chemical Industry Co., Ltd.10.11.1 Company details10.11.2 Financial outlook10.11.3 Product summary10.11.4 Recent developments10.12 SEIREN Co. Ltd.10.12.1 Company details10.12.2 Financial outlook10.12.3 Product summary10.12.4 Recent developments10.13 Teijin Limited10.13.1 Company details10.13.2 Financial outlook10.13.3 Product summary10.13.4 Recent developments10.14 Toray Industries, Inc.10.14.1 Company details10.14.2 Financial outlook10.14.3 Product summary10.14.4 Recent developments10.15 Ultra fabrics Holdings Co. Ltd.10.15.1 Company details10.15.2 Financial outlook10.15.3 Product summary10.15.4 Recent developments10.16 Zhejiang Hexin Holdings Ltd.10.16.1 Company details10.16.2 Financial outlook10.16.3 Product summary10.16.4 Recent developments10.17 Others10.17.1 Company details10.17.2 Financial outlook10.17.3 Product summary10.17.4 Recent developments
11. List of Abbreviations
12. Reference Links
13. Conclusion
14. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
The key players in the market include Companies Covered Achilles Corporation, Air Water Inc., Alfatex Italia SRL, Ashai Kasei Corporation, Fujian Polytech Technology Corp., Ltd., H.R. Poly coats Pvt. Ltd., Kuraray Co., Ltd., KYOWA Leather Cloth Co., Ltd., Mayur Uniquoters Limited, Nan Ya Plastics Corporation, San Fang Chemical Industry Co., Ltd., SEIREN Co. Ltd., Teijin Limited, Toray Industries, Inc., Ultra Fabrics Holdings Co. Ltd., Zhejiang Hexin Holdings Ltd., Others
Japan Synthetic Leather Market is projected to reach USD XX billion by 2032, growing at a CAGR of 8.15% during the forecast period.
Japan Synthetic Leather Market grew in market size from 2021. The Market is expected to reach USD XX billion by 2032, at a CAGR of 8.15% during the forecast period.
Japan Synthetic Leather Market CAGR of 8.15% during the forecast period.
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Japan Synthetic Leather Market size is USD XX billion from 2022 to 2032.
Japan Synthetic Leather Market Segment is Covered By Product, By End User
The Asia-Pacific region is anticipated to have the highest market share in Japan Synthetic Leather Market.
The Japanese synthetic leather market size was valued in billions in 2017 as the growing demand for eco-friendly and sustainable products is likely to drive the growth of the market in the coming years.
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