Current situation and growth trend of PU leather market

The PU leather market is currently characterized by high demand, increased environmental awareness, and technological upgrades. With the increasing awareness of environmental protection among consumers, PU leather has been widely used in fields such as home furnishings, fashion apparel, and automobiles. The improvement of living standards and the growth of the home market are also important factors driving the increase in demand for PU leather market. In addition, according to QY Research, the global polyurethane synthetic leather market sales reached 10.69 billion US dollars in 2023 and are expected to reach 13.3 billion US dollars by 2030, with a compound annual growth rate of 3.2%.