China Synthetic Leather Market Size & Outlook, 2025-2033
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China synthetic leather market highlights
- The China synthetic leather market generated a revenue of USD 8,392.3 million in 2024 and is expected to reach USD 24,071.9 million by 2033.
- The China market is expected to grow at a CAGR of 12.4% from 2025 to 2033.
- In terms of segment, automotive was the largest revenue generating leather type in 2024.
- Automotive is the most lucrative leather type segment registering the fastest growth during the forecast period.
Synthetic leather market data book summary
| Market revenue in 2024 | USD 8,392.3 million |
| Market revenue in 2033 | USD 24,071.9 million |
| Growth rate | 12.4% (CAGR from 2025 to 2033) |
| Largest segment | Automotive |
| Fastest growing segment | Automotive |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Furnishing, Automotive, Footwear, Wallets, Bags & Purses, Clothing, Other Applications |
| Key market players worldwide | Kuraray Co Ltd, Air Water Inc, Teijin Ltd, Mayur Uniquoters, Nan Ya Plastics, H.R. Polycoats, Velcro, San Fang Chemical Industry |
Other key industry trends
- In terms of revenue, China accounted for 20.4% of the global synthetic leather market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China synthetic leather market is projected to lead the regional market in terms of revenue in 2033.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 10,740.1 million by 2033.
Automotive was the largest segment with a revenue share of 32.06% in 2024. Horizon Databook has segmented the China synthetic leather market based on furnishing, automotive, footwear, wallets, bags & purses, clothing, other applications covering the revenue growth of each sub-segment from 2021 to 2033.
China is the largest market for synthetic leather in Asia Pacific. It is also among the major consumers of leather in primary application segments such as automotive, furnishing, and clothing. Automotive and footwear industry, which are vital application segments for synthetic leather, are witnessing a rapid growth in the country.
China mainly imports synthetic leather from India, Korea, and Italy. Abundant availability of resources, easy accessibility to the latest technologies, and rapidly growing premium footwear and automotive markets are the major factors boosting the market growth in this country.
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Synthetic Leather Market Scope
Synthetic Leather Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| San Fang Chemical Industry | View profile | 1001-5000 | Kaohsiung, T'ai-wan, Taiwan, Asia | https://www.sanfang.com/ |
| Velcro | View profile | 5001-10000 | Manchester, New Hampshire, United States, North America | http://www.velcro.com/ |
| H.R. Polycoats | View profile | 501-1000 | Bahadurgarh, Haryana, India, Asia | https://www.hrcheetal.com |
| Nan Ya Plastics | View profile | 251-500 | Taipei, T'ai-pei, Taiwan, Asia | https://www.npc.com.tw/j2npc/zhtw/ |
| Mayur Uniquoters | View profile | 251-500 | Jaipur, Rajasthan, India, Asia | http://mayuruniquoters.com |
| Air Water Inc | View profile | 26566 | 12-8, Minami Semba 2-chome, Chuo-ku, Osaka, Japan, 542-0081 | http://www.awi.co.jp |
| Teijin Ltd | View profile | 24499 | 6-7, Minami Hommachi 1-chome, Chuo-ku, Osaka, Japan, 541-8587 | http://www.teijin.co.jp |
| Kuraray Co Ltd | View profile | 13161 | Ote Center Building,1-1-3, Otemachi, Chiyoda-ku, Tokyo, Japan, 100-8115 | http://www.kuraray.co.jp |
China synthetic leather market size, by leather type, 2021-2033 (US$M)
China Synthetic Leather Market Outlook Share, 2024 & 2033 (US$M)
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