The GCC Synthetic Leather Market is projected to grow at a CAGR of around 4% during the forecast period, i.e., 2023-28.                         

Key Findings of the Study: GCC Synthetic Leather Market

Key Driver: Ever-increasing Use of Synthetic Leather in Furniture Upholstery Applications

The surging use of Polyurethane (PU) and polyvinyl chloride (PVC)-based synthetic leather in furniture & domestic upholstery is primarily due to properties offered by them like high dispersion ability & matting efficiency. Moreover, the rising demand for attractive furniture, mounting disposable income, and living standards have also increased the demand for synthetic leather in the past few years. Hence, these aspects are likely to drive the GCC Synthetic Leather Market during 2023-28.

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Scope of the Report and GCC Synthetic Leather Market Segmentation

By Type

-Polyurethane (PU) Based

-Polyvinyl Chloride (PVC) Based

-Bio-Based

  • polyurethane acquired the largest share of the GCC Synthetic Leather Market in the previous few years.

By Application

-Footwear (Sports Shoes, Formal Shoes & Boots and Sandals & Slippers)

-Furnishing (Chairs, Sofa, Bean Bags and others)

-Automotive (Seats, Steering Wheel Covers, Door Trim, Knob and Gear Bot Covers)

-Clothing (Belts, Jackets, Tops, Pants and others)

-Accessories (Bag, Purses, wallet)

-Electronics (Cases & Covers)

Top leading companies in the GCC Synthetic Leather Market includes:

Kuraray Co., Ltd., H.R. Polycoats Pvt. Ltd., Nan Ya Plastics Corporation, Teijin Limited, Yantai Wanhua Synthetic Leather Group Co., Ltd., Alfatex Italia SRL, San Fang Chemical Industry Co. Ltd, Filwel Co. Ltd, Mayur Uniquoters Limited, Zhejiang Hexin Industry Group Co., Ltd.

For more detailed information about the GCC Synthetic Leather market report, click here – https://www.marknteladvisors.com/research-library/gcc-synthetic-leather-market.html                                         

Geographical analysis:

UAE

Saudi-Arabia

Qatar

Oman

Bahrain

Kuwait

  • the UAE is likely to be the fastest-growing Synthetic Leather Market owing to the high demand for premium leather products in the country.

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