Global Bio-Based Leather Market Forecast, Trend Analysis And Competition Tracking - Market Insights: 2015 – 2031

Global Bio-Based Leather Market Introduction

Bio-based leather is a biodegradable material made from natural fibers such as vegetable-tanned leather or cotton or a synthetic fiber such as polyurethane. This type of leather does not release any toxic substances into the environment and is often used for shoes, jackets, wallets, and purses. In addition to being eco-friendly, this material is also durable and flexible.

Bio-based leather is a more sustainable and eco-friendly alternative to traditional leather. Animal hides are typically processed using toxic chemicals such as formaldehyde. In contrast, bio-based leather is made of proteins from plants such as soybeans, wheat, and corn. Ethylene gas extracted from plants can also be used to process the material without the use of harmful chemicals.

Bio-based leather has many benefits in comparison to traditional leather.

Bio-based leather is a material made from renewable resources, such as wheat starch and vegetable fats. The leather is created with the use of an enzyme called Bio-zyme, which breaks down the carbohydrates in the plant to produce "acetone", a key ingredient used in many things from shoe polish to PVC plastic.

The market for bio-based leather is surging as it offers many desirable qualities.

One of the best qualities of bio-based leather is that it's made from renewable biomass like sugar cane, bamboo, and corn. For example, a typical pair of shoes can be made from 8 to 12 plastic bottles that are collected and processed into raw materials. This means that there is no need to use finite resources such as natural oil and gas and trees to produce bio-based leather.

Bio-based leather offers many benefits over traditional leather, namely its environmental impact. The world's population is ever-increasing, but the Earth's resources are not. Choosing to adopt bio-based products will allow for more efficient use of these resources for future generations. Bio-based leather is made from materials such as animal byproducts and plant fibers, which lengthens the life of the input source and reduces demand on other natural resources.

The global bio-based leather market is segregated into sources, end uses, and regions. On the basis of product source, the global bio-based leather market is sub-segmented into mushroom, pineapple, cork, leftover fruits, and other sources. Concerning the end use, the bio-based leather goods market is distributed into footwear, garments & accessories, and other end-uses. Based on region, the global Bio-Based Leather market is sub-segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Global Bio-Based Leather Market Drivers

Pretanning and tanning, both of which are the conventional means of the process, have the biggest impact on water pollution. Tannery effluents contain the most significant quantities of pollution, such as dirt, mud from lime digestion, sulfides, and acids. Leather is an immensely labor-intensive product that produces large quantities of water and pastureland. These resources must be cleared of trees. Tannery chemical such as arsenic has been implicated in the development of lung cancer among workers who are allegedly daily exposed to it. Studies of leather tannery workers in Sweden and Italy located cancer risks. Likewise, huge amounts of fossil fuels die in livestock production. Moreover, real leather has around three times fewer undesirable environmental effects than its synthetic replicas, including PU leather.

PU and PVC, the major raw materials used to manufacture synthetic leather, have some serious harmful effects on human and animal health and the environment. PU is an isocyanate, which can damage the lungs and trigger asthma attacks and cause pulmonary inflammation. It creates skin problems and can even cause an actual respiratory tract infection. Vinyl chloride monomer (VCM), phthalates, and dioxin are all found in PVC. The toxic effects of dioxin fluctuate considerably based on health.

The development of bio-based leather does not have any unfavorable characteristics in comparison with genuine leather or PU/PVC-based leather. The innovators are focusing on developing bio-based leather by root fibers such as flax or cotton mixed with palm, soybean, corn, and various other plants.

Pineapple leaves are valueless in making something of quality by processing them. An assortment of accessories made from pineapple fibers is currently on the marketplace. Various mycelium-based, cell-based, byproduct-based resources can be used to produce bio-based leather alternatives such as chemical peels based on yeast fermentation, mushrooms, waste from food industries, cacti, and others.

Global Bio-Based Leather Market Restraints

Plant-based leather or bio-based leather has been proven safer than plastic-based fake leathers and petroleum-based real leathers; however, they still require substantial chemical processing to give a leather-like texture and lifespan. For example, one type of vegan leather that is being used in the fashion industry is Pinatex. Pinatex is manufactured from waste materials, so it does not require additional natural resources or water. Unfortunately, it is coated with a petroleum-based material to improve its durability, which diminishes its organic integrity. Like apple lace, apple leather is being created using much apple waste mixed with 50% polyurethane coated onto a cotton/polyester canvas. This polyurethane can produce a dangerous gyre during the degradation process.' The fibers that come from pineapple leaves, a normally wasted byproduct that typically gets burned, have high tensile strength and flexibility.

COVID-19 Impact Analysis on Global Bio-Based Leather Market

The global pandemic has affected nearly every sector in the world and even the leather-based industry. The growth rate in the global bio-based leather industry fell by up to 0.1 percent due to the growing effects of the pandemic on the global supply chain and fluctuations of raw material prices. The drop in this case stems from a sharp fall in demand for the footwear, automobile, clothes & accessories industry. The fashion market is highly dependent on this.

Global Bio-Based Leather Market Regional Analysis

The global bio-based leather market is segmented into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Markets in the Europe are expected to account for the largest share during the forecast period. This growth is attributable to the implementation of stringent environmental regulations in the EU and rising demand for footwear, garments & accessories made of bio-based leather in this region.

Global Bio-Based Leather Market Competitive Landscape

• Toray Industries Inc.
• Bolt Threads Inc.
• Ananas Anam Ltd.
• Modern Meadows
• Nat-2
• Natural Fiber Welding Inc.
• Ultrafabrics
• MycoWorks
• ECCO Leather
• VEGEA
• Other players

Report Scope

MarketResearch.Biz's team analyzes a range of industries stemming from various sectors across the globe. Our customized research services include quick market scans, country reports, competitive analysis insights, consumer research and satisfaction studies, supplier research, growth planning, and much more. Our reports offer in-depth knowledge of the most profitable products and services in today's highly competitive landscape. We provide detailed insights about your ideal customers, their buying habits, the value that products or services can bring to them, and a detailing of your top competitors. Our reports provide a clear understanding of your customers, that helps you to capitalize on various business opportunities, while minimizing risk through a data-driven, decision-making approach. Moreover, our report offers a holistic overview of a market's current and future environment, and even recommends various growth strategies companies can be undertaken to complement the further augmentation of your business. Here at MarketResearch.Biz, we analyze every phase of your growth trajectory to enable you to achieve exponential transformational growth by mapping trends, and strategizing revenue growth opportunities that are meant to unlock your business' potential.

• Forecast Period: 2022-2031
• Actual Year: 2021
• Historical Data Available for: 2015-2020

Key Regions Covered

• North America
  • US
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Israel
  • Rest of MEA

Key Segments Covered

Key Segments Covered in Global Bio-Based Leather Market by Source

• Mushroom
• Pineapple
• Cork
• Leftover Fruits
• Other Sources

Key Segments Covered in Global Bio-Based Leather Market by End Use

• Footwear
• Garments & Accessories
• Other End Uses