• Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Home
  • About
  • Forum
  • Design Studio
  • Upholstery Jobs
  • Newsletter
  • Sponsors

The Hog Ring

Auto Upholstery Community

  • Facebook
  • Instagram
  • Twitter

The Vegan Leather Market will be Worth $90 Billion by 2025

March 27, 2020 By Nadeem Muaddi 1 Comment

The Hog Ring - Vegan Leather Market will be Worth 90 Billion by 2025

The vegan leather market will be worth nearly $90 billion by 2025, according to a new report.

Infinitum Global Research analyzed the growing industry for vegan leather, more commonly known as faux leather. It forecasts that the market will grow at an annual compounded rate of 49.9% between 2019 – 2025. By the end of that period, it will be worth $89.6 billion.

The market research firm attributes the expected growth to changing consumer trends, social concerns and faux leather’s low cost compared to genuine leather.

“Over the past decade, the global demand for vegan leather has witnessed noteworthy growth,” Infinitum Global Research said in a news release. “The soaring demand for vegan or faux leather is driven by a range of factors, which include evolving consumer trends, mounting concerns over the impact of traditional leather on the environment, ascending demand for animal-free products, and rising awareness regarding the attributes of vegan leather, among others.”

Infinitum’s report concedes that vegan leather is not as good as genuine leather — but it is what many customers want.

“Vegan leather has a comparatively shorter lifespan as related to traditional leather, as prolonged exposure to heat and moisture degrade vegan leather at a more rapid pace,” Infinitum said. “Vegan leather is chemically treated to make it resistant to sunlight, scratches, and fire; still, it becomes weak and susceptible to degradation, owing to wear and tear.”

Manufacturers are investing heavily into the research and development of faux leather with “superior properties,” the report said.

“Forthcoming and established players in the current market landscape are involved in the development of vegan leather with various textures, colors, patterns and functionalities,” said Infinitum.

But faux leather that’s better than the real thing is a long way out, if not a pipe dream.

For the full report, contact Infinitum Global Research.

Filed Under: Archive, Green Upholstery, Industry Trends & Reports Tagged With: Auto Trim, Auto Upholstery, Car Interior, Faux Leather, Infinitum Global Research, Vegan Leather

Reader Interactions

Comments

  1. Jeffrey f Hoye says

    March 30, 2020 at 5:40 am

    1969 charger NOTHING?? Need help? Lets get er done!!

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

THR Sponsors

NC Sewing Machines
Miami Corporation RIght Rail - Ad 2
Top Down Group
Apex Leather
  • Hyde Leather
  • Douglass Interior Products
  • Albright's Supply
  • Keyston Bros
  • Moore & Giles Ad 1
  • GAHH Automotive
  • Premium Auto Fabrics
  • MasterTech Expo Ad 2

THR Favorites

Auto Upholstery - The Hog Ring - Exact Art Fabrications - Starlight Headliner

How to Fabricate a Starlight Headliner

Starlight headliners that create the illusion … [more] about How to Fabricate a Starlight Headliner

Auto Upholstery - The Hog Ring - Dodge Challenger Vinyl Top

Hot or Not? Dodge Challenger Vinyl Tops

To honor the first-generation Dodge … [more] about Hot or Not? Dodge Challenger Vinyl Tops

Selecting the Correct Needle Point

Keystone Sewing Company has made available a … [more] about Selecting the Correct Needle Point

The Hog Ring - Restored Impala Brings Trim Shop Full Circle

Restored Impala Brings Trim Shop Full Circle

Every auto upholstery shop has a project car. … [more] about Restored Impala Brings Trim Shop Full Circle

The Hog Ring - What Trim Shops Looked Like in the 1800s

What Trim Shops Looked Like in the 1800s

What did auto trim shops look like 150 years … [more] about What Trim Shops Looked Like in the 1800s

10 Questions for Trimmer Shannon Walters

If you were to poll the hot rod community to … [more] about 10 Questions for Trimmer Shannon Walters

Categories

Footer

Recent Articles

  • Premium Auto Fabrics is Giving Away Hog Ring T-Shirts!
  • Classic Upholstery Won Big at the Rick Ross Car Show
  • Moore & Giles Sponsors The Hog Ring!
  • Trimmer Vincent Robert Mikla Dies at 70
  • Nominate a Trimmer to SEMA’s Hall of Fame

Recent Comments

  • Thomas Wright on Bentley Looks to Mississippi for Veneers
  • Joe payton on Moore & Giles Sponsors The Hog Ring!
  • Tempat Cetak Official on 6 Ways to Transform Plastic into Chrome
  • Christie Howell on Transition from Furniture to Auto Upholstery
  • Andrew Narzynski on The Crooked Stitcher Accused of Fraud

Advertise With Us!

We're always looking for companies to collaborate with. Watch this short video about the benefits of sponsorship and then email us to say hi.
anal porno bangbros rus porno yaşlı porno konulu porno olgun porno porno izle sarışın porno bakire sex 69 porno

Copyright © 2023 · Magazine Pro On Genesis Framework · WordPress · Log in