Synthetic Leather Market increasingly focusing on product development The global synthetic leather market was valued at approximately USD 38.98 billion in 2023, and it is forecasted to expand at a compound annual growth rate (CAGR) of 7.87% from 2024 to 2030. One of the primary drivers of this growth is the rising global demand for synthetic leather within the footwear industry. The high cost of natural leather has led many manufacturers to seek alternative...