Man-made Leather Market Definition
The man-made leather market refers to the production and marketing of man-made leather, a material intended to substitute for leather in footwear, clothing, upholstery, and other uses. Man-made leather is also known as artificial leather or synthetic leather. These are used for coffee tables, chairs, car seats, and sofa covers. Man-made leathers are in high demand in clothing, purses, bags, footwear, automotive, and furnishing, driving the growth of the market.
There are some restraining factors of man-made leather, including disposal of imitation leather, environmentally harmful production, and petroleum required for the production which can exploit and pollute the environment, which can slow down the market growth. Increasing disposable income associated with the rising population, focus on sustainable leather production, and in fashion business areas for different man-made leather-based product designing will provide many opportunities for the growth of the man-made leather market.
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