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Synthetic Leather for Furniture Market to Hit USD 16.7 Billion by 2031,

The global Synthetic Leather For Furniture Market size reached 10947 USD Million in 2024. Looking forward, MarketsGlob expects the market to reach 16,701.43 USD Million by 2031, exhibiting a growth rate (CAGR) of 6.4% during 2025-2031.

May 5, 2025 — Global Industry News Desk The global synthetic leather market for furniture is on track for strong growth in the coming years. According to a fresh report by MarketsGlob, the market was valued at USD 10,947 million in 2024 and is projected to reach USD 16,701.43 million by 2031. This marks a steady compound annual growth rate (CAGR) of 6.4% from 2025 through 2031.

The increasing demand for durable, affordable, and eco-friendly alternatives to natural leather is driving this growth. Synthetic leather is widely used in both household furniture and commercial settings such as offices, hotels, and public spaces.

Leading Companies in the Market Include:

  • Hornschuch

  • Kuraray

  • Toray

  • Teijin

  • Nassimi

  • Willow Tex

  • Nilco

  • Wenzhou Imitation Leather

  • Anli Group

  • Hexin Group

  • Fujian Tianshou

  • Shuangxiang Group

Types of Synthetic Leather Covered:

  • PVC Leather

  • PU Leather

  • Others

Products are distributed through direct sales as well as broader distribution networks.

The study spans major global regions, including:

  • North America (U.S., Canada, Mexico)

  • Europe (Germany, UK, France, Italy, and others)

  • Asia-Pacific (China, Japan, India, Southeast Asia, Australia, etc.)

  • South America (Brazil, Argentina, Colombia, and more)

  • Middle East & Africa (UAE, Saudi Arabia, South Africa, Egypt, Nigeria, and others)

The comprehensive report offers detailed insights on market performance by product type, application, region, and sales channel. It also includes profiles of key players, pricing analysis, import-export data, and future trends.

With changing consumer preferences and innovations in synthetic materials, the furniture industry is expected to embrace artificial leather more than ever before.

MarketsGlob is a trusted provider of global market research, offering detailed insights and forecasts across a wide range of industries. Their reports help businesses make smarter and faster decisions.

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