India Polyurethane Synthetic Leather Market Size, Share, Trends and Forecast by Application, and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A32643

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India Polyurethane Synthetic Leather Market Overview:

The India polyurethane synthetic leather market size reached USD 1.29 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 2.62 Billion by 2033, exhibiting a growth rate (CAGR) of 8.21% during 2025-2033. The market is driven by the rising product demand in the automotive upholstery, fashion, and furniture sectors, owing to its durability and eco-friendly properties, increasing restrictions on leather items, numerous advancements in polyurethane leather manufacturing, and the growing preference for sustainable, high-performance material.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 1.29 Billion
Market Forecast in 2033	USD 2.62 Billion
Market Growth Rate 2025-2033	8.21%

India Polyurethane Synthetic Leather Market Trends:

Rising Demand for Sustainable and Eco-Friendly Alternatives

The growing emphasis on sustainability is reshaping India’s polyurethane (PU) synthetic leather market, driven by stricter environmental regulations and increasing consumer preference for eco-friendly alternatives. With 46% of Indian consumers viewing climate change as a major threat, 60% are also actively shifting towards sustainable products, even willing to pay a 13.1% premium (vs price base lines) for ethically sourced goods. In response, manufacturers are prioritizing PU leather over traditional PVC-based synthetic leather, which contains harmful chemicals. Furthermore, government regulations, such as India's National Green Tribunal restrictions on tannery pollution, have accelerated the move away from real leather, on account of worries about animal suffering and carbon footprints. The Indian vegan leather sector is expanding rapidly, notably in footwear, apparel, and automobile upholstery segments, with major brands such as PUMA and Adidas introducing eco-friendly PU leather items. The growing demand for water-based PU leather, which removes the need for solvents, is also helping to improve sustainability and durability, putting the industry on track for considerable growth.

Expanding Applications in Automotive and Furniture Industries

India’s automotive and furniture industries are expanding rapidly, driving the demand for high-quality PU synthetic leather. Known for its flexibility, durability, and cost-effectiveness, PU leather has become the preferred choice for car seats, steering covers, and interior trims. In September 2024, India’s total production of passenger vehicles, 3-wheelers, 2-wheelers, and quadricycles reached 2,773,039 units, significantly boosting the adoption of PU synthetic leather in automotive interiors as manufacturers seek lightweight, durable, and aesthetically appealing materials. Simultaneously, India’s furniture market, valued at USD 23.8 billion in 2024, is projected to reach USD 44.2 billion by 2033, growing at a CAGR of 6.40% from 2025 to 2033, driven by increasing urbanization and rising disposable incomes. PU synthetic leather is extensively used in sofas, chairs, and office furniture due to its wear resistance and affordability. Leading brands and e-commerce platforms, such as Pepperfry and Urban Ladder, are also expanding their PU leather-based product offerings, further propelling the market growth.

India Polyurethane Synthetic Leather Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033. Our report has categorized the market based on application.

Application Insights:

Furnishing
Automotive
Footwear
Bags and Wallets
Clothing
Others

The report has provided a detailed breakup and analysis of the market based on the application. This includes furnishing, automotive, footwear, bags and wallets, clothing, and others.

Regional Insights:

North India
South India
East India
West India

The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

India Polyurethane Synthetic Leather Market News:

July 2024: BASF unveiled Haptex® 4.0, a fully recyclable polyurethane solution for synthetic leather manufacturing. Haptex 4.0 is created with no waste residue, resulting in a more sustainable production method. It is both inexpensive and durable, making it an excellent choice for a variety of applications.
May 2024: BASF opened the Polyurethane Technical Development Center in Mumbai to help develop polyurethane applications, including synthetic leather. The Center, which spans around 2,000 square meters, features cutting-edge application equipment. It provides increased customer support services, including troubleshooting, bespoke formulations, line trials, and client training sessions.

India Polyurethane Synthetic Leather Market Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD
Scope of the Report	Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment: Application Region
Applications Covered	Furnishing, Automotive, Footwear, Bags & Wallets, Clothing, Others
Regions Covered	North India, South India, East India, West India
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the India polyurethane synthetic leather market performed so far and how will it perform in the coming years?
What is the breakup of the India polyurethane synthetic leather market on the basis of application?
What are the various stages in the value chain of the India polyurethane synthetic leather market?
What are the key driving factors and challenges in the India polyurethane synthetic leather?
What is the structure of the India polyurethane synthetic leather market and who are the key players?
What is the degree of competition in the India polyurethane synthetic leather market?

Key Benefits for Stakeholders:

IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India polyurethane synthetic leather market from 2019-2033.
The research report provides the latest information on the market drivers, challenges, and opportunities in the India polyurethane synthetic leather market.
Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India polyurethane synthetic leather industry and its attractiveness.
Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

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India Polyurethane Synthetic Leather Market