{"id":1874,"date":"2024-01-18T20:56:02","date_gmt":"2024-01-18T12:56:02","guid":{"rendered":"https:\/\/www.wlhtex.com\/en\/?p=1874"},"modified":"2024-04-02T21:55:07","modified_gmt":"2024-04-02T13:55:07","slug":"market-overview-of-chinas-artificial-synthetic-leather-industry-in-2023","status":"publish","type":"post","link":"https:\/\/www.wlhtex.com\/en\/market-overview-of-chinas-artificial-synthetic-leather-industry-in-2023\/","title":{"rendered":"Market Overview of China&#8217;s Artificial Synthetic Leather Industry in 2023"},"content":{"rendered":"\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ht7fz-0b114d5d557ec5f673ab8f101fec87c5\">\n#top .av-special-heading.av-ht7fz-0b114d5d557ec5f673ab8f101fec87c5{\npadding-bottom:10px;\n}\nbody .av-special-heading.av-ht7fz-0b114d5d557ec5f673ab8f101fec87c5 .av-special-heading-tag .heading-char{\nfont-size:25px;\n}\n.av-special-heading.av-ht7fz-0b114d5d557ec5f673ab8f101fec87c5 .av-subheading{\nfont-size:15px;\n}\n<\/style>\n<div  class='av-special-heading av-ht7fz-0b114d5d557ec5f673ab8f101fec87c5 av-special-heading-h1 blockquote modern-quote modern-centered  avia-builder-el-0  el_before_av_hr  avia-builder-el-first '><h1 class='av-special-heading-tag'  itemprop=\"headline\"  >Market Overview of China\u2019s Artificial Synthetic Leather Industry in 2023<\/h1><div class=\"special-heading-border\"><div class=\"special-heading-inner-border\"><\/div><\/div><\/div>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-lnh3or9j-d7fc244455bb9ae2b76358c61af57dc2\">\n#top .hr.av-lnh3or9j-d7fc244455bb9ae2b76358c61af57dc2{\nmargin-top:10px;\nmargin-bottom:10px;\n}\n.hr.av-lnh3or9j-d7fc244455bb9ae2b76358c61af57dc2 .hr-inner{\nwidth:50px;\nborder-color:#e94a3f;\n}\n<\/style>\n<div  class='hr av-lnh3or9j-d7fc244455bb9ae2b76358c61af57dc2 hr-custom  avia-builder-el-1  el_after_av_heading  el_before_av_one_full  hr-center hr-icon-no'><span class='hr-inner inner-border-av-border-fat'><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<div  class='flex_column av-911hz-eba90edf771de018f3b9617a0d88ef53 av_one_full  avia-builder-el-2  el_after_av_hr  el_before_av_one_fifth  first flex_column_div  '     ><p>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-lnh2tjan-5a2f8077e0aa8f93a0246cce24b8ff8d\">\n@keyframes av_boxShadowEffect_av-lnh2tjan-5a2f8077e0aa8f93a0246cce24b8ff8d {\n0%   { box-shadow:  0 0 0 0 ; opacity: 1; }\n100% { box-shadow:  0 0 6px 0 ; opacity: 1; }\n}\n.avia-image-container.av-lnh2tjan-5a2f8077e0aa8f93a0246cce24b8ff8d img.avia_image{\nbox-shadow: 0 0 6px 0 ;\n}\n.avia-image-container.av-lnh2tjan-5a2f8077e0aa8f93a0246cce24b8ff8d .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-lnh2tjan-5a2f8077e0aa8f93a0246cce24b8ff8d av-styling- avia_animated_image av-animated-when-visible-95 fade-in avia-align-center  avia-builder-el-3  el_before_av_textblock  avia-builder-el-first  av-img-box-shadow av-box-shadow-not-animated'   itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><img decoding=\"async\" class='wp-image-1877 avia-img-lazy-loading-not-1877 avia_image shadow-not-animated' src=\"https:\/\/www.wlhtex.com\/en\/wp-content\/uploads\/sites\/2\/2024\/04\/Market-Overview-of-Chinas-Artificial-Synthetic-Leather-Industry-in-2023.webp\" alt='Market Overview of China&#039;s Artificial Synthetic Leather Industry in 2023' title='Market Overview of China&#039;s Artificial Synthetic Leather Industry in 2023'  height=\"430\" width=\"1500\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/www.wlhtex.com\/en\/wp-content\/uploads\/sites\/2\/2024\/04\/Market-Overview-of-Chinas-Artificial-Synthetic-Leather-Industry-in-2023.webp 1500w, https:\/\/www.wlhtex.com\/en\/wp-content\/uploads\/sites\/2\/2024\/04\/Market-Overview-of-Chinas-Artificial-Synthetic-Leather-Industry-in-2023-300x86.webp 300w, https:\/\/www.wlhtex.com\/en\/wp-content\/uploads\/sites\/2\/2024\/04\/Market-Overview-of-Chinas-Artificial-Synthetic-Leather-Industry-in-2023-1030x295.webp 1030w, https:\/\/www.wlhtex.com\/en\/wp-content\/uploads\/sites\/2\/2024\/04\/Market-Overview-of-Chinas-Artificial-Synthetic-Leather-Industry-in-2023-768x220.webp 768w, https:\/\/www.wlhtex.com\/en\/wp-content\/uploads\/sites\/2\/2024\/04\/Market-Overview-of-Chinas-Artificial-Synthetic-Leather-Industry-in-2023-705x202.webp 705w\" sizes=\"(max-width: 1500px) 100vw, 1500px\" \/><\/div><\/div><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-lnh2psfd-5c6e5832cc063245ed4d709dd6d8a973\">\n#top .av_textblock_section.av-lnh2psfd-5c6e5832cc063245ed4d709dd6d8a973 .avia_textblock{\ntext-align:justify;\n}\n<\/style>\n<section  class='av_textblock_section av-lnh2psfd-5c6e5832cc063245ed4d709dd6d8a973 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><p>In 2023, the artificial leather industry in China had another extraordinary year. On one hand, the global economy still showed no significant improvement, with challenges such as the Russia-Ukraine war, the Israeli-Palestinian conflict, fluctuating raw material prices, and a substantial rise in shipping costs, resulting in weak end demand. Against this backdrop, China&#8217;s artificial synthetic leather industry market as a whole exhibited a downward trend. On the other hand, propelled by the continuous promotion of the &#8220;double carbon&#8221; strategy, enterprises in this industry also accelerated the pace of green and sustainable high-quality development, pushing the entire industrial chain towards green upgrading.<\/p>\n<h4><span style=\"color: #e94a3f;\">I.Brief analysis of production in 2023<\/span><\/h4>\n<p>China&#8217;s production of artificial synthetic leather in the first three quarters of 2023 was 1.69 million tons, down 11% from the same period in 2022. It is expected that China&#8217;s production of artificial synthetic leather for the whole year of 2023 is expected to decline by about 10% compared with that of 2022. Over the past five years, China&#8217;s artificial synthetic leather production has shown a year-on-year decline. Compared with 3.29 million tons in 2019, it is expected to have dropped nearly 30% of the output, and the output value has fallen from nearly 100 billion yuan to less than 80 billion yuan.<\/p>\n<\/div><\/section><\/p><\/div><div  class='flex_column av-7zeu0i-919c8bf91a8c12416ffbe0122fc50ac9 av_one_fifth  avia-builder-el-5  el_after_av_one_full  el_before_av_three_fifth  first flex_column_div  column-top-margin'     ><\/div><\/p>\n<div  class='flex_column av-67qiv6-595b76a679f67c5f1f08650a1ae7e6d7 av_three_fifth  avia-builder-el-6  el_after_av_one_fifth  el_before_av_textblock  flex_column_div  column-top-margin'     ><div  class='avia-chart-1 avia-chart-container av-chart-bar av-luicvgdg-002bf82cea9284742263486624d415c4  avia-builder-el-7  avia-builder-el-no-sibling ' data-chart_config='{\"type\":\"bar\",\"options\":{\"plugins\":{\"title\":{\"display\":true,\"text\":\"2018-2023 China Synthetic Leather Production (k Tons)\",\"position\":\"top\"},\"tooltip\":{\"enabled\":true,\"position\":\"average\",\"displayColors\":true}}},\"data\":{\"datasets\":[{\"label\":\"k Ton\",\"data\":[\"3000\",\"3290\",\"2890\",\"2870\",\"2650\",\"2400\"],\"backgroundColor\":[\"#D57E6C\",\"#F5E4C1\",\"#E7A78E\",\"#37382E\",\"#B14531\",\"#749C8D\"]}],\"labels\":[\"2018\",\"2019\",\"2020\",\"2021\",\"2022\",\"2023\"]}}'><canvas class='avia-chart'  role='img'><\/canvas><\/div><\/div><section  class='av_textblock_section av-luicwzc7-493c045400bd9762064d181028d70beb '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><h4><span style=\"color: #e94a3f;\">II. New production capacity across China in 2023<\/span><\/h4>\n<p>Despite the fact that the artificial leather synthetic leather industry has gone through a tough year in 2023 due to the downturn in the domestic and international economy and lack of market demand, with a large number of fashion brands continuing to practice their dual-carbon goals, industry players were driven to push the envelope in terms of greening, upgrading new technologies, developing new products, adding or optimizing production lines.<br \/>\nIn 2023, there are 32 new projects across the country, excluding projects of alteration, expansion, technical transformation, etc., an increase of 5 new projects over the 27 new projects in 2022. There are more new projects related to artificial leather synthetic leather within Guangdong, Zhejiang, Anhui, Jiangsu, Jiangxi and Guangxi, which can be seen as the industry continues to push forward the process of artificial leather synthetic leather cluster to the China central and western regions and the determination to build a green supply chain for the whole industry. From the new projects, there are more water-based polyurethane, water-based synthetic leather, solvent-free synthetic leather projects. Meanwhile, bio-based hydraulic PU leather, synthetic leather machinery and other manufacturing and the project of industrial solid waste (synthetic leather, etc.) resource treatment and utilization has also appeared.<\/p>\n<h4><span style=\"color: #e94a3f;\">III. Continuous breakthroughs in synthetic innovations<\/span><\/h4>\n<ul>\n<li>Anhui ANLI Material Technology Co., Ltd.: Focus on new material innovations such as bio-based, water-based and GRS recyclable;<\/li>\n<li>Foshan City Gaoming Shangang Technology Co., Ltd: Innovative research and development of biodegradable BPU leather, and practice the green and sustainable strategy of the enterprise;<\/li>\n<li>\u201cWater-based synthetic leather manufacturing technology for blocking VOCs at the source\u201d was warded the First Prize of Science and Technology Progress by the Ministry of Education in 2022;<\/li>\n<li>Zhejiang Hexin Holdings Co., Ltd.: was awarded the Second Prize of Science and Technology Progress for the innovation across the microfiber industry chain;<\/li>\n<li>Huafon Microfibre Co.,Ltd.: Newly developed, mass-produced, purely water-based, sustainable material has already established brand partnerships;<\/li>\n<li>SynMetabio has raised tens of millions of dollars with synthetic biotechnology to grow 100% bio-based leather;<\/li>\n<li>Water-based solvent-free sofa leather and other three products were selected for the national &#8220;green manufacturing list&#8221;;<\/li>\n<li>Shandong Tongda Island New Materials: &#8220;A preparation method and application of microfiber leather simulating natural top layer leather&#8221; won the Weifang Patent Prize.<\/li>\n<li>Dow Inc: LuxSense Silicone Synthetic Leather bags the 2023 SEAL Award for Sustainable Innovation;<\/li>\n<li>Zhejiang Jiake New Material Technology Co., Ltd.: Plant waste into synthetic leather to help industry green upgrade;<\/li>\n<li>Budweiser brings its beer leather and other sustainable achievements to the 2023 Industrial Green Development Achievement Exhibition;<\/li>\n<li>Shanghai HIUV New Material Co., Ltd.: patented ultra-soft radiation cross-linked polyolefin elastomer artificial leather;<\/li>\n<li>Zhejiang Meisheng New Material Co., Ltd.: Important progress made in the technology project related to microfibre leather for automotive vehicle interiors;<\/li>\n<li>Zhejiang Hexin Holdings Co., Ltd.: Microfibre eco-leather&#8221; was selected as a key R&#038;D project in Jiaxing.<\/li>\n<\/ul>\n<h4><span style=\"color: #e94a3f;\">IV. China&#8217;s synthetic leather import and export performance<\/span><\/h4>\n<p>According to the statistics of customs import and export data, in 2023, the total export of China&#8217;s artificial leather synthetic leather was 1.24 billion meters, down 1.59% year-on-year, and the total export value of 2.99 billion U.S. dollars in 2023, down 7.14% year-on-year, which indicates that in 2023, China&#8217;s artificial leather synthetic leather exports showed a trend of lower volume and price. From the analysis of products, the total export of PVC synthetic leather is 494 million meters, accounting for 40.23%, and the total export of PU synthetic leather is 723 million meters, accounting for 58.88%. Analyzed from export destinations, the top ten export destinations are Indonesia, Vietnam, Nigeria, Thailand, Algeria, Philippines, Egypt, Mexico, Cambodia and India.<\/p>\n<\/div><\/section><\/p>\n<div  class='flex_column av-3hunaq-cf81db3c2be3f258d770212ada359d9c av_one_fifth  avia-builder-el-9  el_after_av_textblock  el_before_av_three_fifth  first flex_column_div  column-top-margin'     ><\/div>\n<div  class='flex_column av-1zz4rm-b130e7267413a4d9775ecf89f1fb160a av_three_fifth  avia-builder-el-10  el_after_av_one_fifth  el_before_av_textblock  flex_column_div  column-top-margin'     ><div  class='avia-chart-2 avia-chart-container av-chart-line av-luidfekq-cf3d47f45b914290d5a40dc42cda293a  avia-builder-el-11  avia-builder-el-no-sibling ' data-chart_config='{\"type\":\"line\",\"options\":{\"plugins\":{\"title\":{\"display\":true,\"text\":\"2022-2023 China Synthetic Leather Export Statistics (Million Meter)\",\"position\":\"top\"},\"tooltip\":{\"enabled\":true,\"position\":\"average\",\"displayColors\":true}}},\"data\":{\"datasets\":[{\"label\":\"2022\",\"data\":[\"141\",\"50\",\"93\",\"98\",\"110\",\"116\",\"118\",\"108\",\"102\",\"98\",\"108\",\"98\"],\"borderColor\":[\"#749C8D\"]},{\"label\":\"2023\",\"data\":[\"111\",\"49\",\"107\",\"113\",\"107\",\"115\",\"107\",\"109\",\"102\",\"97\",\"107\",\"104\"],\"borderColor\":[\"#D57E6C\"]}],\"labels\":[\"JAN\",\"FEB\",\"MAR\",\"APR\",\"MAY\",\"JUN\",\"JUL\",\"AUG\",\"SEP\",\"OCT\",\"NOV\",\"DEC\"]}}'><canvas class='avia-chart'  role='img'><\/canvas><\/div><\/div><section  class='av_textblock_section av-luidoffp-807b8b960b2d8861df87987aae0a2c33 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><p>Based on the customs import and export data, China imported 0.31 billion meters of artificial leather synthetic leather products in 2023, down 13.89% year-on-year, with a total import value of USD 310 million, and an average import unit price of USD 10.11 per meter, down 3.53% year-on-year.<\/p>\n<h4><span style=\"color: #e94a3f;\">V. Summary<\/span><\/h4>\n<p>In 2023, despite global economic challenges, China&#8217;s artificial leather synthetic leather industry demonstrated resilience and commitment to green development. The overall performance of the market situation fell short of expectations. In 2024, the global trade environment is still facing the challenges of complexity, severity, rising uncertainty and other risks, but in the process of accelerating the construction of green, healthy, sustainable and high-quality development of China&#8217;s artificial leather synthetic leather industry, the enterprises need to enhance their confidence and backbone, deeply integrate into the &#8220;double-cycle&#8221; pattern, and actively explore the domestic and international markets, give full play to their own advantages and win the battle against the global market.<\/p>\n<\/div><\/section><\/p>\n<div  class='av-social-sharing-box av-lnh2yd8u-a482ec29b892f39913cdc0667ea95e1f av-social-sharing-box-default  avia-builder-el-13  el_after_av_textblock  avia-builder-el-last  av-social-sharing-box-fullwidth'><div class=\"av-share-box\"><h5 class='av-share-link-description av-no-toc '>Share this entry<\/h5><ul class=\"av-share-box-list noLightbox\"><li class='av-share-link 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