MarkNtel Advisors has just published a new research report titled "GCC Synthetic Leather Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028". This study provides an extensive analysis of market drivers, segmentation, growth opportunities, trends, and competitive landscape, aiming to provide insights into current and future market scenarios.
What insights and analysis does the report provide on the GCC Synthetic Leather market from 2023 to 2028?
The GCC Synthetic Leather Market is projected to grow at a CAGR of around 4% during the forecast period, i.e., 2023-28.
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GCC Synthetic Leather Market by Segments
By Type
- Polyurethane (PU) Based
- Polyvinyl Chloride (PVC) Based
- Bio-Based
By Application
- Footwear (Sports Shoes, Formal Shoes & Boots and Sandals & Slippers)
- Furnishing (Chairs, Sofa, Bean Bags and others)
- Automotive (Seats, Steering Wheel Covers, Door Trim, Knob and Gear Bot Covers)
- Clothing (Belts, Jackets, Tops, Pants and others)
- Accessories (Bag, Purses, wallet)
- Electronics (Cases & Covers)
A comprehensive report on the GCC Synthetic Leather Market is available now- https://www.marknteladvisors.com/research-library/gcc-synthetic-leather-market.html
GCC Synthetic Leather Market Report Segment by Country
- UAE
- Saudi-Arabia
- Qatar
- Oman
- Bahrain
- Kuwait
What are the market drivers in the GCC Synthetic Leather Market?
The surging use of Polyurethane (PU) and polyvinyl chloride (PVC)-based synthetic leather in furniture & domestic upholstery is primarily due to properties offered by them like high dispersion ability & matting efficiency. Moreover, the rising demand for attractive furniture, mounting disposable income, and living standards have also increased the demand for synthetic leather in the past few years. Hence, these aspects are likely to drive the GCC Synthetic Leather Market during 2023-28.
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Who are the key players in the GCC Synthetic Leather Market?
- Kuraray Co., Ltd.
- H.R. Polycoats Pvt. Ltd.
- Nan Ya Plastics Corporation
- Teijin Limited
- Wanhua Chemical Group Co.,Ltd.
- Alfatex Italia SRL
- San Fang Chemical Industry Co. Ltd
- Filwel Co. Ltd
- Mayur Uniquoters Limited
- Zhejiang Hexin Industry Group Co., Ltd.
Questions Addressed in this Study
- What factors are driving the GCC Synthetic Leather Market growth?
- How is the GCC Synthetic Leather Market expected to grow over the next five years?
- What are the key insights into the current trends in the GCC Synthetic Leather Market?
- What is the current size of the GCC Synthetic Leather Market, and how is it projected to change in the future?
- What is the future outlook for the GCC Synthetic Leather Market in terms of technological advancements and market expansion?
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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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