In 2022, the global size for non-leather products market was valued at USD 246.84 Billion. It is projected to reach USD 461.50 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 7.2% throughout the forecast period. The primary drivers behind this growth in market revenue are the escalating environmental concerns, the increasing awareness of animal welfare, and the evolving consumer demand for ethical and sustainable products.
Given the adverse impacts associated with leather production on the environment and animal welfare, consumers are progressively opting for non-leather alternatives over traditional leather products. One of the hazardous substances used in leather manufacturing is chromium, which not only contributes to environmental pollution but also poses health risks to employees. Furthermore, shifting consumer preferences towards cruelty-free and vegan items have emerged due to concerns regarding animal welfare, thereby amplifying the demand for non-leather goods.
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Top Profiled Companies:
· Puma SE
· Adidas AG
· Nike Inc.
· Under Armour Inc.
· VF Corporation
· Lululemon Athletica Inc.
· Deckers Outdoor Corporation
· Columbia Sportswear Company
· New Balance Athletics Inc.
· ASICS Corporation
Non-Leather Product for Apparel Market Growth
· Sustainability and Environmental Concerns: One of the main drivers of the Non-Leather Product for Apparel Market growth is the increasing awareness of the environmental impacts associated with traditional leather production. Leather production is resource-intensive and involves processes that can contribute to pollution and deforestation. Consumers are becoming more conscious of these issues and are seeking alternatives that have a lower environmental footprint.
· Animal Welfare: The rise of ethical and cruelty-free consumption has also played a role in the growth of non-leather products. Many consumers are choosing to avoid animal products, including leather, due to concerns about animal welfare and the treatment of animals in the fashion industry.
· Fashion Industry Trends: Major fashion brands and designers are incorporating non-leather materials into their collections, which has helped boost the visibility and acceptance of these alternatives. High-profile endorsements and collaborations have contributed to mainstreaming non-leather products.
Key Regional Markets Covered in the Report:
· North America (U.S.A., Canada, Mexico)
· Europe (Italy, U.K., Germany, France, Rest of Europe)
· Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
· Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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Further market segmentation
Product Type Outlook:
- Footwear
- Bags & Accessories
- Apparel
- Upholstery
- Others
End-User Outlook:
- Men
- Women
- Kids
Key Takeaways of the Global Non-Leather Product for Apparel Market Report:
· A comprehensive overview of the global Non-Leather Product industry.
· Accurate market projections in terms of market size, share, and volume.
· Thorough study of the global market dynamics, such as major market revenue growth drivers, opportunities, threats, challenges, restraints, and future growth avenues.
· Deep-dive analysis of the upcoming market trends.
· Qualitative and quantitative analyses of the global Non-Leather Product for Apparel Market.
· Elaborate study of the leading regional markets in the global Non-Leather Product for Apparel Market.
· Complete overview of the market’s competitive landscape.
· Brief look at the company profiles and portfolios.
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