Printed Leather Market to expand at a CAGR of ~ 7.3% - TMR

1. ICT Printed Leather Market is expected to expand at a CAGR of ~6% August 25, 2021  Transparency Market Research delivers key insights on the global printed leather market. In terms of revenue, the global printed leather market is estimated to expand at a CAGR of ~6% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global printed leather market report. In this market report, TMR predicts that the global printed leather market would be largely driven by factors such as rising demand for synthetic printed leather in automotive interior materials across the world. Moreover, higher durability as compared to traditional leather is expected to boost the demand for printed leather in the upcoming years.   Buy Our Premium Research Report at - https://www.transparencymarketresearch.com/checkout.php?rep_id=82353&ltype=S The printed leather market report covers leather type, leather category, and product category. In terms of leather type, the printed leather market has been segmented into real leather and synthetic leather; the leather category segment of the printed leather market has also been classi?ed into real leather and synthetic leather; the product category of the printed leather market comprises clothing, homeware, accessories, and others. Based on leather type, real leather accounted for a major share of the market. However, advancements in the synthetic leather manufacturing technology is driving consumers to purchase synthetic leather goods. The soaring demand for synthetic or faux leather is driven by a range of factors, including evolving consumer trends, mounting concerns about the impact of real leather on the environment, rising demand for animal-free products, and growing awareness regarding the attributes of synthetic leather.   Footwear, a sub-segment of the clothing segment, held moderate share of the printed leather market. Items made of real leather are soft, lightweight, rich in looks, and durable compared to synthetic leather, leading to moderate demand from end consumers of the clothing segment. Real leather provides an ethnic look and luxurious feel, thus in?uencing the choice of buyers. Changing fashion trends and in?uence of social media are the key factors responsible for the rise in demand for ?nished leather in the footwear industry. The demand for real leather is expected to be high in the automotive segment. Request a sample - https://www.transparencymarketresearch.com/sample/sample.php??ag=S&rep_id=82353 Animal cruelty regulations and policies across the world are playing a critical role in boosting the prospects of the synthetic leather market, as more consumers are inclined toward purchasing products that are animal-free. Over the past few years, the prices of real leather have increased consistently worldwide, which, in turn, has propelled the demand for cost-effective alternatives such as synthetic leather. Printed Leather Market: Prominent Regions Presently, the printed leather market in Asia Paci?c is expected to expand at a fast-paced CAGR due to the signi?cant growth in footwear and automobile industries in China and India. In recent years, Asia Paci?c witnessed increase in per capita income and purchasing power in countries such as China and India, which resulted in high demand for leather products. The leather market size in Asia Paci?c was valued at US$ 123.1 Bn in 2019 and is expected to expand at a CAGR of 7.3% during the forecast period, in terms of value. Printed Leather Market: Key Players The competition landscape of the printed leather market is moderately fragmented with leading players accounting for the majority of the revenue share. Key players operating in the global printed leather market include Agfa- Gevaert Group, Leather Hunte Pvt. Ltd., CMYKING, Bags Of Love, Contrado Imaging Ltd., MAHI Leather, Rainbow Leather, Negma Leather, Inc., Agile, and Leathergenix. Read our latest Press Release -  https://www.prnewswire.com/news-releases/increase-in-demand-for-high-precision-in-miniaturization-process-of- semiconductor-industry-to-fuel-growth-of-optical-metrology-market--tmr-insights-301348256.html About Us Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our data repository is continuously updated and revised by a team of research experts, so that it always re?ects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Contact 90 State Street, Suite 700 Albany, NY 12207 Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: https://www.transparencymarketresearch.com/ Enter your comment... Popular posts from this blog Narrowband Internet-of-Things (IoT) Chipset Market - Guardband Mode of Deployment to Witness Strong Demand July 21, 2021   As per the Transparency Market Research, the global   narrowband internet-of-things (IoT) chipset market   is highly consolidated. 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