Report Highlights
The global market for bio-based leather is estimated to increase from $668.6 million in 2023 to reach $902.4 million by 2028, at a compound annual growth rate (CAGR) of 6.2% from 2023 through 2028.
Report Includes
- 69 data tables and 31 additional tables
- An overview of the global market for bio-based leather
- Analyses of global market trends, with data from 2022, estimates for 2023, a forecast for 2027, and projections of compound annual growth rates (CAGRs) through 2028
- Evaluation of the current market size and revenue growth prospects for bio-based leather, along with a market share analysis by origin, application and geographic region
- A look at the innovations, technological advances, and product launches from market players
- Analysis of the industry’s regulatory framework and policies, and the product pipeline
- A discussion of ESG challenges and ESG practices in the bio-based leather industry
- Market share analysis of the leading companies and coverage of their proprietary technologies, strategic alliances and other market strategies, and a patent analysis
- Company profiles of major players within the industry, including Ananas Anam, Desserto, and Hzcork
Report Scope
Bio-based leathers primarily originate from fruit and vegetables, mushrooms and agricultural waste. Both fully and partially bio-based leather are covered within the scope of this market study. This study also includes qualitative and quantitative analysis of the bio-based leather market by origin, application and geographic regions.
Based on origin, the market is sub-categorized into cactus, pineapple, cork and others. The others sub-segment includes bio-based leather derived from mushrooms, grapes and other plants. Segmentation based on application includes footwear, accessories and clothing. The footwear sub-segment includes formal and informal wear shoes, sandals and sneakers. The accessories sub-segment covers wallets, bags, belts, clutches, handbags and others, while the clothing sub-segment includes jackets, dresses and other wearable items.
Revenue and volume forecasts from 2022 to 2028 are given for each origin, application, regional, and country market.
Report Synopsis
| Report Metrics | Details | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2022 | ||||||||||
| Forecast period considered | 2023-2028 | ||||||||||
| Base year market size | $660.0 million | ||||||||||
| Market size forecast | $902.4 million | ||||||||||
| Growth rate | CAGR of 6.2% for the forecast period of 2023-2028 | ||||||||||
| Units considered | $ Millions | ||||||||||
| Segments covered | By Origin, By Application | ||||||||||
| Regions covered | North America, Europe, Asia-Pacific, Rest of the World (RoW) | ||||||||||
| Countries covered | U.S., Canada, Germany, France, Italy, Rest of Europe, China, India, Japan, Rest of Asia-Pacific, Middle East, Africa | ||||||||||
| Key Market Drivers |
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| Companies studied |
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Frequently Asked Questions (FAQs)
- Innovative products & purpose-driven marketing strategies are attracting consumer attention.
- Favorable environmental impact
- Growing adoption of environmentally sustainable leather alternatives within luxury fashion segment
- Popularizing trend of veganism
Analyst Credentials
Yukti Chaturvedi– Associate Consultant-Advanced Materials Research
Yukti Chaturvedi has over five years of experience in market research. She has a strong knowledge of plastics, chemicals, consumer goods, and advanced materials research. She has handled end-to-end business by providing strategic recommendations and understanding clients’ requirements thoroughly in the market research industry. She demonstrated excellence in working effectively in critical areas − competitor intelligence, product intelligence, market understanding, industry trend analysis, and customer insights. Academically, she is an MBA graduate in International Business.
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