Bio-based Leather Industry Gains Momentum as Demand for Cruelty-free Alternatives Surges Worldwide
The global bio-based leather market was valued at USD 699.6 million in 2022 and is projected to reach USD 1.2 billion by the end of 2031. The industry is expected to grow at a CAGR of 6.3% from 2023 to 2031, driven by rising demand for sustainable and eco-friendly alternatives to conventional leather across fashion, automotive, and furniture applications. Growth in consumer awareness about...
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