Global Synthetic Leather Market Size, Share, and Forecast 2021 – 2030

The global synthetic leather market is expected to reach USD 66.2 billion by 2030, at a CAGR of 7.8% during the forecast period 2021 to 2030. It is expected that the rapidly growing demand in the footwear industry will be a major factor in the growth of the market as a whole. The price of natural leather is another reason why people are looking for cheaper alternatives.