The global mycelium leather market size accounted for USD 55 million in 2024 and is expected to exceed around USD 439.48 million by 2034, growing at a CAGR of 23.1% from 2024 to 2034.
Mycelium leather, which is derived from fungi, is a biodegradable and sustainable alternative to traditional leather. The production process of traditional leather is resource-intensive and causes harm to the environment. The increasing concerns about animal cruelty is a major factor boosting the adoption of mycelium leather. This leather finds applications in the fashion and apparel, automotive, home decor, and consumer goods sector.
With the evolving fashion trends, sustainable materials are gaining immense traction in the fashion industry. Many clothing and footwear brands focus on ethical and sustainable production approaches to reduce their carbon footprints, thus boosting the demand for mycelium leather. It is widely used to make footwear, bags, and belts.
The increasing demand from the packaging industry is expected to fuel the growth of the mycelium leather market. This versatile material is used as a packaging material due to its excellent end-of-life performance. The rising shift toward premium and customized packaging solutions contributes to market expansion. Moreover, rising government laws against animal cruelty across the globe are encouraging businesses and consumers to adopt mycelium leather products.
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| Stats ID: | 7414 |
| Format: | Databook |
| Published: | January 2025 |
| Delivery: | Immediate |
| Stats ID: | 7414 |
| Format: | Databook |
| Published: | January 2025 |
| Delivery: | Immediate |
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