Byproduct-based Leathers, Bio-based Leathers, and Recycled Leathers Expected to Reach $1 Billion by 2025
Share this article Share this article BOSTON, May 6, 2021 /PRNewswire/ -- Dwindling demand for cow-based products and growing interest in sustainability are driving innovation in leather alternatives, and now is the time to invest, according to new data from Lux Research, a leading provider of tech-enabled research and innovation advisory services. The $400 billion leather goods market is already accepting of alternatives like pleather, on its own a market in the mid-tens of billions of dollars, and with no one-size-fits-all solution, there is ample opportunity to partner or invest. Lux's n...
Source: prnewswire.com