India Synthetic Leather Market Size 2025-2029
The India synthetic leather market size is forecast to increase by USD 2.37 billion at a CAGR of 9.9% between 2024 and 2029.
- The market is experiencing significant growth due to several key trends. One of the primary drivers is the increasing usage of polyurethane (PU) synthetic leather materials, which offer advantages such as durability, flexibility, and cost-effectiveness compared to natural leather. Another trend is the growing demand for customized synthetic leather, as consumers seek unique and personalized products. Additionally, synthetic leather is widely used in clothing, wallets, purses, luggage, boots, and shoes, further expanding its reach. However, concerns regarding the potential harmful effects of PU and polyvinyl chloride (PVC) on human health are posing challenges to the market's growth. Producers must address these concerns by investing in research and development of eco-friendly and safer synthetic leather alternatives. Overall, the market is expected to continue its expansion, driven by these trends and the ongoing demand for sustainable, cost-effective, and customizable alternatives to natural leather.
What will be the size of the India Synthetic Leather Market during the forecast period?

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1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Country Market Characteristics
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
- 2.3 Factors of disruption
- Overview on factors of disruption
- 2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
- 3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 3.2 Market characteristics
- Market characteristics analysis
4 Market Sizing
- 4.1 Market definition
- Offerings of companies included in the market definition
- 4.2 Market segment analysis
- 4.4 Market outlook: Forecast for 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ million)
- Data Table on India - Market size and forecast 2024-2029 ($ million)
- Chart on India: Year-over-year growth 2024-2029 (%)
- Data Table on India: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
- 5.1 Synthetic Leather Market in India 2019 - 2023
- Historic Market Size - Data Table on Synthetic Leather Market in India 2019 - 2023 ($ million)
- 5.2 Application segment analysis 2019 - 2023
- Historic Market Size - Application Segment 2019 - 2023 ($ million)
- 5.3 Type segment analysis 2019 - 2023
- Historic Market Size - Type Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
- 6.1 AI Impact on Synthetic Leather Market in India
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
- 7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Application
- 8.1 Market segments
- Chart on Application - Market share 2024-2029 (%)
- Data Table on Application - Market share 2024-2029 (%)
- 8.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
- 8.3 Footwear - Market size and forecast 2024-2029
- Chart on Footwear - Market size and forecast 2024-2029 ($ million)
- Data Table on Footwear - Market size and forecast 2024-2029 ($ million)
- Chart on Footwear - Year-over-year growth 2024-2029 (%)
- Data Table on Footwear - Year-over-year growth 2024-2029 (%)
- 8.4 Furnishing - Market size and forecast 2024-2029
- Chart on Furnishing - Market size and forecast 2024-2029 ($ million)
- Data Table on Furnishing - Market size and forecast 2024-2029 ($ million)
- Chart on Furnishing - Year-over-year growth 2024-2029 (%)
- Data Table on Furnishing - Year-over-year growth 2024-2029 (%)
- 8.5 Automotive - Market size and forecast 2024-2029
- Chart on Automotive - Market size and forecast 2024-2029 ($ million)
- Data Table on Automotive - Market size and forecast 2024-2029 ($ million)
- Chart on Automotive - Year-over-year growth 2024-2029 (%)
- Data Table on Automotive - Year-over-year growth 2024-2029 (%)
- 8.6 Clothing - Market size and forecast 2024-2029
- Chart on Clothing - Market size and forecast 2024-2029 ($ million)
- Data Table on Clothing - Market size and forecast 2024-2029 ($ million)
- Chart on Clothing - Year-over-year growth 2024-2029 (%)
- Data Table on Clothing - Year-over-year growth 2024-2029 (%)
- 8.7 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ million)
- Data Table on Others - Market size and forecast 2024-2029 ($ million)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)
- 8.8 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)
9 Market Segmentation by Type
- 9.1 Market segments
- Chart on Type - Market share 2024-2029 (%)
- Data Table on Type - Market share 2024-2029 (%)
- 9.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
- 9.3 PVC - Market size and forecast 2024-2029
- Chart on PVC - Market size and forecast 2024-2029 ($ million)
- Data Table on PVC - Market size and forecast 2024-2029 ($ million)
- Chart on PVC - Year-over-year growth 2024-2029 (%)
- Data Table on PVC - Year-over-year growth 2024-2029 (%)
- 9.4 PU - Market size and forecast 2024-2029
- Chart on PU - Market size and forecast 2024-2029 ($ million)
- Data Table on PU - Market size and forecast 2024-2029 ($ million)
- Chart on PU - Year-over-year growth 2024-2029 (%)
- Data Table on PU - Year-over-year growth 2024-2029 (%)
- 9.5 Bio-based - Market size and forecast 2024-2029
- Chart on Bio-based - Market size and forecast 2024-2029 ($ million)
- Data Table on Bio-based - Market size and forecast 2024-2029 ($ million)
- Chart on Bio-based - Year-over-year growth 2024-2029 (%)
- Data Table on Bio-based - Year-over-year growth 2024-2029 (%)
- 9.6 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)
10 Customer Landscape
- 10.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Drivers, Challenges, and Opportunity/Restraints
- 11.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
- 11.4 Market opportunities/restraints
12 Competitive Landscape
- 12.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 12.3 Landscape disruption
- Overview on factors of disruption
- 12.4 Industry risks
- Impact of key risks on business
13 Competitive Analysis
- 13.2 Company ranking index
- 13.3 Market positioning of companies
- Matrix on companies position and classification
- 13.4 Colence Pvt. Ltd.
- Colence Pvt. Ltd. - Overview
- Colence Pvt. Ltd. - Product / Service
- Colence Pvt. Ltd. - Key offerings
- SWOT
- 13.5 Daman Textiles
- Daman Textiles - Overview
- Daman Textiles - Product / Service
- Daman Textiles - Key offerings
- SWOT
- 13.6 Giriraj Coated Fab Pvt. Ltd.
- Giriraj Coated Fab Pvt. Ltd. - Overview
- Giriraj Coated Fab Pvt. Ltd. - Product / Service
- Giriraj Coated Fab Pvt. Ltd. - Key offerings
- SWOT
- 13.7 H.R. Polycoats Pvt. Ltd.
- H.R. Polycoats Pvt. Ltd. - Overview
- H.R. Polycoats Pvt. Ltd. - Product / Service
- H.R. Polycoats Pvt. Ltd. - Key offerings
- SWOT
- 13.8 Jasch Industries Ltd.
- Jasch Industries Ltd. - Overview
- Jasch Industries Ltd. - Business segments
- Jasch Industries Ltd. - Key offerings
- Jasch Industries Ltd. - Segment focus
- SWOT
- 13.9 Marvel Vinyls Ltd.
- Marvel Vinyls Ltd. - Overview
- Marvel Vinyls Ltd. - Product / Service
- Marvel Vinyls Ltd. - Key offerings
- SWOT
- 13.10 Mayur Uniquoters Ltd.
- Mayur Uniquoters Ltd. - Overview
- Mayur Uniquoters Ltd. - Product / Service
- Mayur Uniquoters Ltd. - Key offerings
- SWOT
- 13.11 Natroyal Group
- Natroyal Group - Overview
- Natroyal Group - Product / Service
- Natroyal Group - Key offerings
- SWOT
- 13.12 Nirmal Fibres Pvt. Ltd.
- Nirmal Fibres Pvt. Ltd. - Overview
- Nirmal Fibres Pvt. Ltd. - Product / Service
- Nirmal Fibres Pvt. Ltd. - Key offerings
- SWOT
- 13.13 Premier Polyfilm Ltd.
- Premier Polyfilm Ltd. - Overview
- Premier Polyfilm Ltd. - Product / Service
- Premier Polyfilm Ltd. - Key offerings
- SWOT
- 13.14 Response Fabrics Pvt. Ltd.
- Response Fabrics Pvt. Ltd. - Overview
- Response Fabrics Pvt. Ltd. - Product / Service
- Response Fabrics Pvt. Ltd. - Key offerings
- SWOT
- 13.15 Shakti Tex Coaters Pvt. Ltd.
- Shakti Tex Coaters Pvt. Ltd. - Overview
- Shakti Tex Coaters Pvt. Ltd. - Product / Service
- Shakti Tex Coaters Pvt. Ltd. - Key offerings
- SWOT
- 13.16 United Decoratives Pvt. Ltd.
- United Decoratives Pvt. Ltd. - Overview
- United Decoratives Pvt. Ltd. - Product / Service
- United Decoratives Pvt. Ltd. - Key offerings
- SWOT
- 13.17 Vortex Flex Pvt. Ltd.
- Vortex Flex Pvt. Ltd. - Overview
- Vortex Flex Pvt. Ltd. - Product / Service
- Vortex Flex Pvt. Ltd. - Key offerings
- SWOT
- 13.18 Winner Nippon Leatherette Pvt. Ltd.
- Winner Nippon Leatherette Pvt. Ltd. - Overview
- Winner Nippon Leatherette Pvt. Ltd. - Product / Service
- Winner Nippon Leatherette Pvt. Ltd. - Key offerings
- SWOT
14 Appendix
- 14.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 14.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 14.4 Research methodology
- 14.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 14.9 360 degree market analysis
- 360 degree market analysis
- 14.10 List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases

DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts

REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape