Lucintel Forecasts The Global Bio-based Leather Market To Reach $1,279 Million By 2030

By Author: Lucintel LLC
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According to a market report by Lucintel, the future of the global bio-based leather market looks promising with opportunities in the footwear, furnishing, automotive, clothing, bags and wallet, sport, and electronic markets. The global bio-based leather market is expected to reach an estimated $1,279 million by 2030 from $887 million in 2024 at a CAGR of 6.3% from 2024 to 2030. The major drivers for this market are rising consumer awareness towards eco-friendly products, growing concern about animal welfare, and on-going advancements in the manufacturing process of bio-based leather.
A more than 150-page report to understand trends, opportunity and forecast in global bio-based leather market to 2030 by source (mushroom, pineapple, cork, leftover fruits, and others), sales channel (online and offline), application (footwear, furnishing, automotive, clothing, bags and wallets, sports, electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that pineapple is expected to witness the highest growth over the forecast period due to its ease of use and sustainability.
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... Through this market, footwear will remain the largest segment.
Download sample by clicking on bio-based leather market.
In terms of region, APAC is expected to witness the highest growth over the forecast period due to growing demand of fashion products and accessories and rising investment in research and development of bio-based materials.
Toray Industries, Bolt Threads, Ananas Anam, Modern Meadows, Nat-2, Natural Fiber Welding, Ultra fabrics, MycoWorks, ECCO Leather, VEGEA are the major suppliers in the bio-based leather market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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