UK Synthetic Leather Market Size & Outlook, 2024-2033
Related Markets
UK synthetic leather market highlights
- The UK synthetic leather market generated a revenue of USD 955.8 million in 2024 and is expected to reach USD 2,921.5 million by 2033.
- The UK market is expected to grow at a CAGR of 13.2% from 2025 to 2033.
- In terms of segment, footwear was the largest revenue generating leather type in 2024.
- Wallets, Bags & Purses 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 955.8 million |
| Market revenue in 2033 | USD 2,921.5 million |
| Growth rate | 13.2% (CAGR from 2025 to 2033) |
| Largest segment | Footwear |
| Fastest growing segment | Wallets, Bags & Purses |
| 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, UK accounted for 2.3% 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 Europe, Germany synthetic leather market is projected to lead the regional market in terms of revenue in 2033.
- UK is the fastest growing regional market in Europe and is projected to reach USD 2,921.5 million by 2033.
Footwear was the largest segment with a revenue share of 33.49% in 2024. Horizon Databook has segmented the UK 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.
Artificial leather market in the UK is nearing maturity. The region is expected to exhibit moderate growth over the forecast period. The vegan population, which consumes animal-friendly products, has risen in the UK over the past few years.
According to the Vegan Society, the vegan population in the country has risen from 150,000 to 542,000 within the last 10 years. Such demographic changes are likely to favor the growth of synthetic leather market in the country in the coming years.
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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 |
UK synthetic leather market size, by leather type, 2021-2033 (US$M)
UK Synthetic Leather Market Outlook Share, 2024 & 2033 (US$M)
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