Product Code: AVM249A
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.
North American market for bio-based leather is estimated to increase from $285.2 million in 2023 to reach $370.0 million by 2028, at a CAGR of 5.3% from 2023 through 2028.
Asia-Pacific market for bio-based leather is estimated to increase from $103.6 million in 2023 to reach $152.5 million by 2028, at a CAGR of 8.0% from 2023 through 2028.
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 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
Table of Contents
Chapter 1 Executive Summary
- Market Outlook
- Scope of Report
- Market Summary
Chapter 2 Market Overview
- Definition
- Concerns within the Global Leather Industry
- Benefits of Bio-based Leather
- Regulatory Environment
- People for the Ethical Treatment of Animals (PETA)
- The Vegan Society
- Registration, Evaluation, Authorization and Restriction of Chemicals (REACH)
- USDA BioPreferred
- Forest Stewardship Council (FSC)
- Raw Material Analysis
- Pineapples
- Olives
- Cacti
- Cork
- Mushrooms
- Apples
- Coconuts
- Grapes
- Porter's Five Force Analysis
- Competition in the Industry: Moderate
- The Threat of Substitutes: High
- Bargaining Power of Suppliers: Low to Moderate
- Potential of Market Entrants: Low to Moderate
- Bargaining Power of Buyers: Low
- Supply Chain Analysis
- Impact of Geopolitical Tensions
Chapter 3 Market Dynamics
- Overview
- Drivers
- Restraints
- Challenges
- Opportunities
Chapter 4 Emerging Technologies and Developments
- Emergence of Lab-Grown Leather
- Leather from Peanuts
- Leather from Flower Waste
- Leather from Hemp Waste
Chapter 5 Market Segmentation Analysis
- Segment Breakdown
- Market Analysis by Origin
- Cactus
- Pineapple
- Cork
- Others
- Market Analysis by Application
- Footwear
- Accessories
- Clothing
- Geographic Breakdown
- Market Analysis by Region
- North America
- Canada
- Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
- Europe
- Germany
- France
- Italy
- Rest of Europe
- Rest of the World (RoW)
- Brazil
- Others
Chapter 6 Competitive Intelligence
- Competitive Scenario Analysis
- Market Player Positioning Analysis
Chapter 7 Sustainability in Bio-based Leather: ESG Perspective
- Overview
- Key ESG Issues Addressed by Bio-based Leather
- Cork
- Cactus
- Mushroom and Apple
- Pineapple
- ESG Practices in the Market
- Future of ESG
Chapter 8 Appendix
- Methodology
- Acronyms
- References
- Company Profiles
- ANANAS ANAM
- BIOLEATHER
- BOLT THREADS
- DESSERTO
- HZCORK
- MODERN MEADOW
- MYCOWORKS
- NATURAL FIBER WELDING INC.
- OLEAGO
- VEGEA SRL