Faux Leather Furniture Market Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027

Price: 3200/- USD | Last Updated: January 8th, 2021

The global faux leather furniture market size is projected to grow at a significant CAGR of around 7% during the forecast period 2021 to 2027. The increasing consumer preference towards home decoration is a primary factor to drive the market growth. Furthermore, low cost over the original lather is also projected to uplift the market. In addition, the luxury lifestyle and increasing disposable income is expected to boost the market over the forecast period. Manufacturers are focusing on developing the furniture with faux leather due to its low cast. The increasing number of manufacturers and the growing retail network is projected to propel the market over the forecast period.

Market Segment Insights:

The global faux leather furniture market is segmented into type, application, distribution channel, and geography. On the basis of type, the market is further classified into bonded leather upholstery, leather match upholstery, vinyl upholstery, genuine leather, and others. By application, the segment is divided into household and commercial applications. The household application segment held a significant market share in 2020 and projected to grow at the same trend over the forecast period. The segment growth is attributed to the increasing consumer preference toward home decoration and innovation.

By distribution channel, the faux leather furniture market is fragmented into direct sale and online sale. The online channel is accounted to grow at a significant growth rate due to changing lifestyle of consumer. The increasing disposable income in developing economies and various offer provided by online platform is projected to fuel the online sales channel over the forecast period.

The faux leather furniture comprehensive study offers an in-depth analysis of industry trends, market size, competitive analysis, and market forecast – 2020 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

Global faux leather furniture market size and forecast were obtained by using “Bottom-up” and “Top-down” approaches. Extensive secondary research was conducted to understand the market insights and trends, followed by primary interviews to further validate the information sourced. The report provides both, qualitative and quantitative analyses of the market, the competitive landscape, and the preferred development strategies of key players which help to formulate competitive market strategies and make informed decisions.

The faux leather furniture market research report presents the analysis of each segment from 2018 to 2027 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2020 to 2027.

Historical & Forecast Period

  • 2018-19 – Historical Year
  • 2020 – Base Year
  • 2021-2027 – Forecast Period

Global Faux Leather Furniture Market Segmentation:

By Type:

  • Bonded Leather Upholstery
  • Leather Match Upholstery
  • Vinyl Upholstery
  • Genuine Leather
  • Others

By Application:

  • Household
  • Commercial

By Distribution Channel:

  • Direct Sale
  • Online

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Global Faux Leather Furniture Market Size, Value and Growth

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Geographic Coverage:

Geographically, the faux leather furniture market report comprises dedicated sections centering on the regional market revenue and trends. The faux leather furniture market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, and Rest of the World (RoW). The RoW segment consists of Latin America and the Middle East & Africa. The faux leather furniture market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance, and others. Faux leather furniture market estimates have also been provided for the historical years 2018 & 2019 along with forecasts for the period from 2020 – 2027.

Market Competition Assessment:

Key players operating in the global faux leather furniture market are Steelcase, HNI Corporation, AURORA, and Lamex Trading Co. Ltd. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

List of Key Companies:

  • Steelcase
  • HNI Corporation
  • AURORA
  • Lamex Trading Co. Ltd.
  • Guangzhou Shengsheng Guanmei Furniture Co., Ltd.
  • VICTORY
  • UB Group
  • Kinwai Furniture Decoration Co.,Ltd
  • CJC FURNITURE
  • Comwell

Key Questions Answered by Faux Leather Furniture Market Report:

  • Global faux leather furniture market forecasts from 2021-2027
  • Regional faux leather furniture market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East and Africa, and Latin America
  • Country-level forecasts from 2021-2027 covering 15 major countries from the aforementioned regions
  • Faux leather furniture submarket forecasts from 2021-2027 covering the market by type, by application, by distribution channel, and geography
  • Various industry models such as SWOT analysis, Pestle Analysis, Porter’s Five Force model, Value Chain Analysis pertaining to faux leather furniture market
  • Analysis of the key factors driving and restraining the growth of the global, regional and country-level faux leather furniture markets from 2021-2027
  • Competitive Landscape and market positioning of top 10 players operating in the faux leather furniture market

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Faux Leather Furniture Market Portraiture
2.2. Global Faux Leather Furniture Market, by Type, 2020 (USD Mn)
2.3. Global Faux Leather Furniture Market, by Application, 2020 (USD Mn)
2.4. Global Faux Leather Furniture Market, by Distribution Channel, 2020 (USD Mn)
2.5. Global Faux Leather Furniture Market, by Geography, 2020 (USD Mn)

 

3. Global Faux Leather Furniture Market Analysis


3.1. Faux Leather Furniture Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis

 

4. Global Faux Leather Furniture Market By Type, 2018 – 2027 (USD Mn)


4.1. Overview
4.2. Bonded Leather Upholstery
4.3. Leather Match Upholstery
4.4. Vinyl Upholstery
4.5. Genuine Leather
4.6. Others

 

5. Global Faux Leather Furniture Market By Application, 2018 – 2027 (USD Mn)


5.1. Overview
5.2. Household
5.3. Commercial

 

6. Global Faux Leather Furniture Market By Distribution Channel, 2018 – 2027 (USD Mn)


6.1. Overview
6.2. Direct Sale
6.3. Online

 

7. Global Faux Leather Furniture Market, By Geography, 2018 – 2027 (USD Mn)


7.1. Introduction
7.2. North America
7.2.1. Overview
7.2.2. North America Faux Leather Furniture Market by Type (2018-2027 USD Mn)
7.2.3. North America Faux Leather Furniture Market by Application (2018-2027 USD Mn)
7.2.4. North America Faux Leather Furniture Market by Distribution Channel (2018-2027 USD Mn)
7.2.5. North America Faux Leather Furniture Market by Country (2018-2027 USD Mn)
7.2.5.1. U.S.
7.2.5.2. Canada
7.3. Europe
7.3.1. Overview
7.3.2. Europe Faux Leather Furniture Market by Type (2018-2027 USD Mn)
7.3.3. Europe Faux Leather Furniture Market by Application (2018-2027 USD Mn)
7.3.4. Europe Faux Leather Furniture Market by Distribution Channel (2018-2027 USD Mn)
7.3.5. Europe Faux Leather Furniture Market by Country (2018-2027 USD Mn)
7.3.5.1. Germany
7.3.5.2. U.K.
7.3.5.3. France
7.3.5.4. Italy
7.3.5.5. Rest of Europe
7.4. Asia Pacific
7.4.1. Overview
7.4.2. Asia Pacific Faux Leather Furniture Market by Type (2018-2027 USD Mn)
7.4.3. Asia Pacific Faux Leather Furniture Market by Application (2018-2027 USD Mn)
7.4.4. Asia Pacific Faux Leather Furniture Market by Distribution Channel (2018-2027 USD Mn)
7.4.5. Asia Pacific Faux Leather Furniture Market by Country (2018-2027 USD Mn)
7.4.5.1. China.
7.4.5.2. Japan
7.4.5.3. Rest of Asia Pacific
7.5. Latin America (LATAM)
7.5.1. Overview
7.5.2. Latin America Faux Leather Furniture Market by Type (2018-2027 USD Mn)
7.5.3. Latin America Faux Leather Furniture Market by Application (2018-2027 USD Mn)
7.5.4. Latin America Faux Leather Furniture Market by Distribution Channel (2018-2027 USD Mn)
7.5.5. Latin America Faux Leather Furniture Market by Country (2018-2027 USD Mn)
7.5.5.1. Brazil
7.5.5.2. Mexico
7.5.5.3. Rest of Latin America
7.6. Middle East and Africa
7.6.1. Overview
7.6.2. MEA Faux Leather Furniture Market by Type (2018-2027 USD Mn)
7.6.3. MEA Faux Leather Furniture Market by Application (2018-2027 USD Mn)
7.6.4. MEA Faux Leather Furniture Market by Distribution Channel (2018-2027 USD Mn)
7.6.5. Middle East and Africa Faux Leather Furniture Market, by Country (2018-2027 USD Mn)
7.6.5.1. GCC
7.6.5.2. Rest of MEA

 

8. Company Profiles


8.1. Steelcase
8.1.1. Business Description
8.1.2. Financial Health and Budget Allocation
8.1.3. Product Positions/Portfolio
8.1.4. Recent Development
8.1.5. SWOT Analysis
8.2. HNI Corporation
8.2.1. Business Description
8.2.2. Financial Health and Budget Allocation
8.2.3. Product Positions/Portfolio
8.2.4. Recent Development
8.2.5. SWOT Analysis
8.3. AURORA
8.3.1. Business Description
8.3.2. Financial Health and Budget Allocation
8.3.3. Product Positions/Portfolio
8.3.4. Recent Development
8.3.5. SWOT Analysis
8.4. Lamex Trading Co. Ltd.
8.4.1. Business Description
8.4.2. Financial Health and Budget Allocation
8.4.3. Product Positions/Portfolio
8.4.4. Recent Development
8.4.5. SWOT Analysis
8.5. Guangzhou Shengsheng Guanmei Furniture Co., Ltd.
8.5.1. Business Description
8.5.2. Financial Health and Budget Allocation
8.5.3. Product Positions/Portfolio
8.5.4. Recent Development
8.5.5. SWOT Analysis
8.6. VICTORY
8.6.1. Business Description
8.6.2. Financial Health and Budget Allocation
8.6.3. Product Positions/Portfolio
8.6.4. Recent Development
8.6.5. SWOT Analysis
8.7. UB Group
8.7.1. Business Description
8.7.2. Financial Health and Budget Allocation
8.7.3. Product Positions/Portfolio
8.7.4. Recent Development
8.7.5. SWOT Analysis
8.8. Kinwai Furniture Decoration Co.,Ltd.
8.8.1. Business Description
8.8.2. Financial Health and Budget Allocation
8.8.3. Product Positions/Portfolio
8.8.4. Recent Development
8.8.5. SWOT Analysis
8.9. CJC FURNITURE
8.9.1. Business Description
8.9.2. Financial Health and Budget Allocation
8.9.3. Product Positions/Portfolio
8.9.4. Recent Development
8.9.5. SWOT Analysis
8.10. Comwell
8.10.1. Business Description
8.10.2. Financial Health and Budget Allocation
8.10.3. Product Positions/Portfolio
8.10.4. Recent Development
8.10.5. SWOT Analysis

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List of Tables:

TABLE 1 Market Snapshot: Global Faux Leather Furniture Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Challenges
TABLE 4 Global Faux Leather Furniture Market Value, by Type, 2018 - 2027 (US$ Mn)
TABLE 5 Global Faux Leather Furniture Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 6 Global Faux Leather Furniture Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 7 North America Faux Leather Furniture Market Value, by Type, 2018 - 2027 (US$ Mn)
TABLE 8 North America Faux Leather Furniture Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 9 North America Faux Leather Furniture Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 10 North America Faux Leather Furniture Market Value, By Country, 2018 - 2027 (US$ Mn)
TABLE 11 U.S. Faux Leather Furniture Market Value, by Type, 2018 - 2027 (US$ Mn)
TABLE 12 U.S. Faux Leather Furniture Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 13 U.S. Faux Leather Furniture Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 14 Canada Faux Leather Furniture Market Value, by Type, 2018 - 2027 (US$ Mn)
TABLE 15 Canada Faux Leather Furniture Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 16 Canada Faux Leather Furniture Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 17 Europe Faux Leather Furniture Market Value, by Type, 2018 - 2027 (US$ Mn)
TABLE 18 Europe Faux Leather Furniture Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 19 Europe Faux Leather Furniture Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 20 Europe Faux Leather Furniture Market Value, by Country, 2018 - 2027 (US$ Mn)
TABLE 21 Germany Faux Leather Furniture Market Value, by Type, 2018 - 2027 (US$ Mn)
TABLE 22 Germany Faux Leather Furniture Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 23 Germany Faux Leather Furniture Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 24 U.K. Faux Leather Furniture Market Value, by Type, 2018 - 2027 (US$ Mn)
TABLE 25 U.K. Faux Leather Furniture Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 26 U.K. Faux Leather Furniture Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 27 France Faux Leather Furniture Market Value, by Type, 2018 - 2027 (US$ Mn)
TABLE 28 France Faux Leather Furniture Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 29 France Faux Leather Furniture Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 30 Italy Faux Leather Furniture Market Value, by Type, 2018 - 2027 (US$ Mn)
TABLE 31 Italy Faux Leather Furniture Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 32 Italy Faux Leather Furniture Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 33 Rest of Europe Faux Leather Furniture Market Value, by Type, 2018 - 2027 (US$ Mn)
TABLE 34 Rest of Europe Faux Leather Furniture Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 35 Rest of Europe Faux Leather Furniture Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 36 Asia Pacific Faux Leather Furniture Market Value, by Type, 2018 - 2027 (US$ Mn)
TABLE 37 Asia Pacific Faux Leather Furniture Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 38 Asia Pacific Faux Leather Furniture Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 39 Asia Pacific Faux Leather Furniture Market Value, by Country, 2018 - 2027 (US$ Mn)
TABLE 40 Japan Faux Leather Furniture Market Value, by Type, 2018 - 2027 (US$ Mn)
TABLE 41 Japan Faux Leather Furniture Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 42 Japan Faux Leather Furniture Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 43 China Faux Leather Furniture Market Value, by Type, 2018 - 2027 (US$ Mn)
TABLE 44 China Faux Leather Furniture Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 45 China Faux Leather Furniture Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 46 Rest of Asia Pacific Faux Leather Furniture Market Value, by Type, 2018 - 2027 (US$ Mn)
TABLE 47 Rest of Asia Pacific Faux Leather Furniture Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 48 Rest of Asia Pacific Faux Leather Furniture Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 49 Latin America Faux Leather Furniture Market Value, by Type, 2018 - 2027 (US$ Mn)
TABLE 50 Latin America Faux Leather Furniture Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 51 Latin America Faux Leather Furniture Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 52 Latin America Faux Leather Furniture Market Value, by Country, 2018 - 2027 (US$ Mn)
TABLE 53 Brazil Faux Leather Furniture Market Value, by Type, 2018 - 2027 (US$ Mn)
TABLE 54 Brazil Faux Leather Furniture Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 55 Brazil Faux Leather Furniture Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 56 Mexico Faux Leather Furniture Market Value, by Type, 2018 - 2027 (US$ Mn)
TABLE 57 Mexico Faux Leather Furniture Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 58 Mexico Faux Leather Furniture Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 59 Rest of Latin America Faux Leather Furniture Market Value, by Type, 2018 - 2027 (US$ Mn)
TABLE 61 Rest of Latin America Faux Leather Furniture Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 62 Rest of Latin America Faux Leather Furniture Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 63 Middle East & Africa Faux Leather Furniture Market Value, by Type, 2018 - 2027 (US$ Mn)
TABLE 64 Middle East & Africa Faux Leather Furniture Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 65 Middle East & Africa Faux Leather Furniture Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 66 Middle East & Africa Faux Leather Furniture Market Value, by Country, 2018 - 2027 (US$ Mn)
TABLE 67 GCC Faux Leather Furniture Market Value, by Type, 2018 - 2027 (US$ Mn)
TABLE 68 GCC Faux Leather Furniture Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 69 GCC Faux Leather Furniture Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 70 Rest of MEA Faux Leather Furniture Market Value, by Type, 2018 - 2027 (US$ Mn)
TABLE 71 Rest of MEA Faux Leather Furniture Market Value, by Application, 2018 - 2027 (US$ Mn)
TABLE 72 Rest of MEA Faux Leather Furniture Market Value, by Distribution Channel, 2018 - 2027 (US$ Mn)
TABLE 73 Steelcase: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 74 HNI Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 75 AURORA: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 76 Lamex Trading Co. Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 77 Guangzhou Shengsheng Guanmei Furniture Co., Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 78 VICTORY: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 79 UB Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 80 Kinwai Furniture Decoration Co.,Ltd: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 81 CJC FURNITURE: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 82 Comwell: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

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List of Figures:

FIG. 1 Global Faux Leather Furniture: Market Segmentation
FIG. 2 Global Faux Leather Furniture Market: Research Methodology
FIG. 3 Top-Down and Bottom-up Approach
FIG. 4 Global Faux Leather Furniture Market, by Type, 2019 (US$ Mn)
FIG. 5 Global Faux Leather Furniture Market, by Application, 2019 (US$ Mn)
FIG. 6 Global Faux Leather Furniture Market, by Distribution Channel, 2019 (US$ Mn)
FIG. 7 Global Faux Leather Furniture Market, by Geography, 2019 (US$ Mn)
FIG. 8 Global Faux Leather Furniture Market Value and Growth, 2018 – 2027, (US$ Mn) (Y-o-Y %)
FIG. 9 Attractive Investment Proposition, by Geography, 2017
FIG. 10 Market Positioning of Key Faux Leather Furniture Providers, 2019
FIG. 11 Global Faux Leather Furniture Market Value Share, by Type, 2018 & 2027 (%)
FIG. 12 Global Faux Leather Furniture Market Value for Bonded Leather Upholstery, 2018 - 2027, (US$ Mn)
FIG. 13 Global Faux Leather Furniture Market Value for Leather Match Upholstery, 2018 - 2027, (US$ Mn)
FIG. 14 Global Faux Leather Furniture Market Value for Vinyl Upholstery, 2018 - 2027, (US$ Mn)
FIG. 15 Global Faux Leather Furniture Market Value for Genuine Leather, 2018 - 2027, (US$ Mn)
FIG. 16 Global Faux Leather Furniture Market Value for Others, 2018 - 2027, (US$ Mn)
FIG. 17 Global Faux Leather Furniture Market Value Share, by Application, 2018 & 2027 (Value %)
FIG. 18 Global Faux Leather Furniture Market Value for Household, 2018 - 2027, (US$ Mn)
FIG. 19 Global Faux Leather Furniture Market Value for Commercial, 2018 - 2027, (US$ Mn)
FIG. 20 Global Faux Leather Furniture Market Value Share, by Distribution Channel, 2018 & 2027 (Value %)
FIG. 21 Global Faux Leather Furniture Market Value for Direct Sale, 2018 - 2027 (US$ Mn)
FIG. 22 Global Faux Leather Furniture Market Value for Online, 2018 - 2027 (US$ Mn)
FIG. 23 North America Faux Leather Furniture Market Value, 2018 - 2027, (US$ Mn)
FIG. 24 Europe Faux Leather Furniture Market Value, 2018 - 2027, (US$ Mn)
FIG. 25 Asia Pacific Faux Leather Furniture Market Value, 2018 - 2027, (US$ Mn)
FIG. 26 LATIN America Faux Leather Furniture Market Value, 2018 - 2027, (US$ Mn)
FIG. 27 Middle East & Africa Faux Leather Furniture Market Value, 2018 - 2027, (US$ Mn)
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