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Plant Based Leather Market worth $97 million by 2027 - Exclusive Report by MarketsandMarkets™
The fashion industry has been one of the major industries to have acknowledged the surging trend of vegan fashion. Given the increased demand for plant-based fashion goods, various internationally acclaimed fashion brands, such as H&M, Stella McCartney , and Gucci, are slowly incorporating plant-based leather in their collections and are expected to gradually shift from conventional animal leather to cruelty-free, eco-friendly plant-based leather. These products are ethical yet maintain the style and texture of traditional leather, thus satisfying the needs of the increasingly environmentally conscious customer base.
Asia Pacific includes China , India , Japan , Thailand , Indonesia , South Korea , Australia and New Zealand , and the rest of Asia Pacific . Agriculture in Asia is essential to the continent's prosperity. Farming practices produce a considerable amount of waste each year, which alternative leather industries utilize to produce
plant-based leather. In Japan , consumer behavior is influenced by climate change, sustainable, cruelty-free products, and zero waste. Gradually, the demand is set to shift from traditional animal goods to cleaner, greener plant-based products by environment-conscious and vegan consumers. The Japanese shoe and accessory brand Belle and Sofa employ vegan leather instead of actual leather to manufacture designer bags and shoes.
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The key players in the plant-based leather market include Ananas Anam (UK), DESSERTO ( Mexico ), NUPELLE ( Taiwan ), Natural Fiber Welding, Inc. (US), and PEEL Lab ( Japan ).
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by Source (Mushroom, Pineapple, Cork, Leftover Fruits), End-use (Footwear, Garment & Accessories),and Region ( North America , APAC, Middle East & Arica, South America , and Europe ) - Global Forecast to 2026
by Type (Polyurethane, Polyvinyl Chloride, Bio-based), End-Use Industry (Footwear, Furnishing, Automotive, Clothing, Bags, Purses & Wallets, Sports, Electronics) and Region (2022 - 2025)
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