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Global High End Synthetic Suede Market Research Report:
According to the latest report by IMARC Group, titled “ High End Synthetic Suede Market: Global Industry Trends, Share, Size, Growth, Opportunity and Fore cast 2023-2028
” the global high end synthetic suede market reached a strong growth in 2022.
High end synthetic suede is a type of leather manufactured using polyester and other plastic blends. These fabrics are brushed, sanded, or chemically treated to provide the look and feel of napped leather. They are widely used for high-end belts, seat covers for automobiles, inner linings for jackets, and designer hats. High end synthetic suede is easy to sew, care for, and wear and does not peel, shrink, or crack. They are extremely durable, need minimal maintenance, and are resistant to stains, water, and wind. As compared to natural suede, high end synthetic suede is cost-effective and environmentally friendly. As a result, high end synthetic suede is widely used in apparel and accessory applications and the automotive, fashion, and furniture industries.
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At present, the widespread product adoption in the automotive industry across the globe is one of the key factors creating a positive outlook for the market. High end synthetic suede is widely used due to the rising demand for lightweight materials, especially in steering-wheel covers, shift knobs, and seat covers, which, in turn, is favoring the market growth significantly. Moreover, as it is well suited to handle high-volume usage and resist spills and temperature variations while maintaining its shape and luxurious feel, there is a steadily rising demand for high-end synthetic suede from various industries, which is currently acting as another growth-inducing factor. Apart from this, stringent animal welfare laws enforced worldwide are further facilitating the demand for synthetic suede alternatives as they are environmentally friendly. Additionally, the increasing product demand due to its numerous advantages, such as high heat retention abilities and low stretchability, is propelling the market growth. Along with this, the widespread utilization of high end synthetic suede in clothing, shoes, accessories, furniture, and upholstery applications is providing an impetus to the market growth. Furthermore, the rising environmental concerns among individuals and the growing awareness regarding sustainable fashion are positively influencing the market growth. Other factors, including the implementation of various government initiatives to create awareness regarding the potential hazards of leather and extensive research and development (R&D) activities, are anticipated to drive the market growth.
Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).
Market Summary:
Type Insights
• Single-sided Leather
• Double-sided Leather
Product Insights
• Woven
• Non-woven
Application Insights
• Automotive
• Fashion
• Furniture
• Others
Regional Insights
• North America
• United States
• Canada
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
• Latin America
• Brazil
• Mexico
• Others
Note: We are updating our reports, If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report.
Competitive Landscape with Key Players:
Ecolorica Microfiber S.r.l.
Ji’an Sanling Microfiber Co. Ltd.
Kolon Industries
Majilite Inc. (Meridian Industries Inc.)
Seiren Co. Ltd.
Talwar Fabriks
Tapis Corporation
The Mitchell Group
The Rishabh Velveleen Ltd
Toray Industries Inc.
WINIW International Co. Ltd.
Zhejiang Meisheng New Material Co. Ltd.
Kindly note that this only represents a partial list of companies
• the complete list has been provided in the report
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