U.S. Synthetic Leather Market Size & Outlook, 2025-2033
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U.S. synthetic leather market highlights
- The U.S. synthetic leather market generated a revenue of USD 5,929.8 million in 2024 and is expected to reach USD 16,965.3 million by 2033.
- The U.S. market is expected to grow at a CAGR of 12.4% from 2025 to 2033.
- In terms of segment, footwear 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 5,929.8 million |
| Market revenue in 2033 | USD 16,965.3 million |
| Growth rate | 12.4% (CAGR from 2025 to 2033) |
| Largest segment | Footwear |
| 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, U.S. accounted for 14.4% 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 North America, U.S. synthetic leather market is projected to lead the regional market in terms of revenue in 2033.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 16,965.3 million by 2033.
Footwear was the largest segment with a revenue share of 33.44% in 2024. Horizon Databook has segmented the U.S. 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.
The U.S. synthetic leather market has witnessed a considerable rise in consumption in the recent past. A further increase in consumption is anticipated over the next few years. Significant rise in demand for automotive synthetic leather upholstery is expected to propel the overall market in the U.S.
Uniroyal Engineered Products LLC, Coaters Inc. Leather, and Texti leather Corporation are among few manufacturers of synthetic leather in the U.S. General Motors, Fiat Chrysler, and Ford are the three largest automotive manufacturers in the U.S., who contribute to the heavy demand for synthetic leather for car interiors.
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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 |
U.S. synthetic leather market size, by leather type, 2021-2033 (US$M)
U.S. Synthetic Leather Market Outlook Share, 2024 & 2033 (US$M)
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