The Regulation of the European Union (EU) on registration, evaluation, authorisation and restriction of chemicals used in the Leather Goods. Its proclaimed aim is to ensure a high level of protection of human health and the environment as well as the free movement of substances, on their own, in preparations and in articles, while enhancing competitiveness and innovation. This Regulation should also promote the development of alternative methods for the assessment of hazards of substances.

The article cited AMA's "Global Artificial Leather Market Study" explored substantial growth in North America and of 7.14%. According to the report, Rise in Demand for Low-Cost Versatile Leather Products is one of the primary growth factors for the market. Growing Demand for Artificial Leather in Footwear Sector is also expected to contribute significantly to the Artificial Leather market. Overall, Automotive applications of Artificial Leather, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The End User Industry, such as Automotive, is boosting the Artificial Leather market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Artificial Leather market identified that the demand is rising in many different parts of the world as "Changing Fashion Statement and Increase in Disposable Income in Emerging Countries ". Furthermore, some recent industry insights like "In April 2016, Teijin Cordley , a man made leather business announced that it has developed “Maestley”, a new substitution of natural leather." is constantly making the industry dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Artificial Leather market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Artificial Leather market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Have a look at detailed Table of Content for Artificial Leather Market Study

Data Triangulation
The overall Artificial Leather market size is calculated using market estimation process, the Artificial Leather market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Artificial Leather market size has been validated using both top-down and bottom-up approaches.