The Bio-based Leather research report presents cutting-edge information about the Bio-based Leather market during the estimated period and its development in the future. It provides detailed data about the performance of distributors, traders, and dealers to gain financial market status and current scenario. The Bio-based Leather research report focuses on key market opportunities, growth factors, revenue forecast, competitive landscape, and market trends. It also provides market size estimation along with CAGR value that allows understanding market economy.
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Bio-based Leather Market by Source (Mushroom, Pineapple, Cork, Leftover Fruits), End-use (Footwear, Garment & Accessories),and Region (North America, APAC, Middle East & Arica, South America, and Europe) – Global Forecast to 2026. The bio-based leather market size is estimated to be USD 647 million in 2021 and is projected to reach USD 868 million by 2026, at a CAGR of 6.1% between 2021 and 2026.
The report provides a comprehensive analysis of company profiles listed below:
- Toray Industries Inc. (Japan)
- Bolt Threads Inc. (US)
- Ananas Anam Ltd. (UK)
- Modern Meadows (US)
- Nat-2 (Germany)
- Natural Fiber Welding Inc. (US)
- Ultrafabrics (US)
- ECCO Leather (Netherlands)
- Fruitleather Rotterdam (Netherlands)
- Tjeerd Veenhoven studio (Netherlands).
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“Pineapple is estimated to be the largest source of bio-based leather market in 2020”
Pineapple based leather is estimated to dominate the overall bio-based leather market, in terms of value, in 2020. Pineapple is a perennial and abundantly grown fruit across the globe. It generates a lot of wastes which includes leaves, stem, pulps and skin. Pinatex is made by the waste from the pineapple harvesting process. The textile has leather-like qualities, but is slightly rougher, giving it a weathered vintage appeal that is well suited for watches, boots, and other accessories. Pinatex is currently preferred by various brands such as Hugo Boss, Altiir, Bourgeois Boheme, Nike and Drew Veloric.
“Garment & accessories was the second largest end use industry for bio-based leather market in 2020”
The bio-based leather market size for the garment & accessories industry accounted for the second-largest share of global bio-based leather, in terms of value, in 2020. The bio-based leather for the garments & accessories industry has always been driven by the economies of North America, Europe, and APAC. Most of the countries are expected to continue using traditional leather garments & accessories than the bio-based leather garments & accessories. Garments & accessories consumption is expected to increase worldwide and, subsequently, the consumption of bio-based leather is expected to increase to meet the stringent environmental norms, especially in North America.
“North America is estimated to be the largest bio-based leather market in 2020, in terms of value.”
North America was the largest market for bio-based leather in 2020. North America is a highly developed region; hence, the use of advanced bio-based leather is also high. The use of premium quality bio-based leather in the fashion space and footwear industry is driving the bio-based leather market in the region. The mushroom-based leather is projected to grow at the highest CAGR, in terms of value, during the forecast period in this region.
Competitive Landscape of Bio-based Leather Market:
2 Strategies Adopted By Key Players
2.1 Overview Of Strategies Adopted By Bio-Based Leather Market Players
3 Market Share Analysis
3.1 Ranking Of Key Market Players
3.2 Market Share Of Key Players, 2020
3.2.1 Toray Industries Inc.
3.2.2 Ananas Anam Ltd.
3.2.3 Ecco Leather
3.2.4 Bolt Threads Inc.
3.2.5 Natural Fiber Welding Inc.
3.3 Revenue Analysis Of Key Market Players, 2016-2020
4 Company Product Footprint Analysis
5 Start-Up/Small And Medium-Sized Enterprises (Smes) Evaluation Quadrant
5.1 Responsive Companies
5.2 Progressive Companies
5.3 Starting Blocks
6 Competitive Situations And Trends
6.1 New Product Launches
6.3 Other Developments
This report segments the market for bio-based leather on the basis of coating source, end-use industry and region, and provides estimations for the overall value of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, new product launches and mergers & acquisition associated with the market for bio-based leather.
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