PUBLISHER: BCC Research | PRODUCT CODE: 1454685
PUBLISHER: BCC Research | PRODUCT CODE: 1454685
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.
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.