Press release
Printed Leather Market Detailed Study Analysis with Forecast by 2030 | Agfa-Gevaert Group
TMR Research
The printed leather market has been anticipated to grow at a significant speed in the forthcoming years. This market has been driven by the increasing rate of the technological advancements in the leather market. These technological advancements are important for the smooth finish along with the glossy appearance of the synthetic leather.
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Synthetic printed leather has been anticipated to be highly durable. This also avoids scrapes and scratches compared to mar traditional leather. Further, this type of leather does not fade in UV lights and is maintenance-free. This leather can be cleaned easily with the use of alcohol and water. Synthetic leather has the characteristics to endure adverse weather conditions. Thus owing to these factors, the printed leather market has been predicted to experience significant growth opportunities in the forthcoming years.
Synthetic leather does not cause any harm to the environment in the process of its production compared to traditional leather. PVC and PU are petro-based products and have been derived from fossil fuels. These are the major source for the different types of pollutions and indicate the contribution of synthetic leather on environmental pollution that is comparatively lower than other leathers.
Printed Leather Market: Key Trends
These synthetic printed leather products are of similar nature to the leather products with natural origin. Further, the usage of PVC and PU coatings on the fabric gives a feel and texture that is similar to traditional leather. In addition to this, post-processing stages, for example, washing and tumbling are likely to impart a more soft and flexible texture to the artificial leather. Thus, based on these factors, the printed leather market has been predicted to experience demand opportunities in the forthcoming years.
A rapid increase in disposable income and the global population have fueled the demand for commercial and passenger vehicles. The increasing rate of automotive sales and continuously changing customer preferences related to the interior of the automobile are likely to propel the demand opportunities in the printed leather market.
Synthetic leather has replaced traditional leather in the automobile industry. The different parts of the interior such as dashboards, seat covers, etc. are manufactured and designed with the help of this type of leather. This factor is likely to propel growth opportunities in the market in the years to come. Synthetic leather has also been used in motorcycles, cars, trucks, and buses. This type of leather is resistant to high and low temperatures, comfortable, and highly elastic. Thus, based on these factors, the synthetic leather market is anticipated to experience significant growth opportunities.
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Printed Leather Market: Competitive Dynamics and Key Developments
The key players serving in the printed leather market are incorporating various strategies to increase the growth prospects in the years to come. Strategic collaborations, product approvals, geographical expansion, partnerships, mergers, novel product launches, and acquisitions are used by these major companies to develop expansion avenues in the market. The key market players are also increasing investments in different innovative products in order to fulfill the requirements of various end-users. These players also provide customized solutions to their consumers. Further, manufacturers from the printed leather market are putting efforts into the expansion of their product portfolio.
Some key players in the printed leather market are:
Agfa-Gevaert Group
Leathergenix
Leather Hunte Pvt. Ltd.
Nagma Leather, Inc.
CMYKING
Rainbow Leather
Bags Of Love
MAHI Leather
Contrado Imaging Ltd.
Printed Leather Market: Regional Assessment
The printed leather market has been spread around different geographical areas around the world including North America, Asia Pacific, Europe, the Middle East & Africa, and Latin America. Out of these, the Asia Pacific region has been expected to grow at a significant rate in the market during the forecast period.
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About TMR Research:
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends
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