Bio-based leather refers to a sustainable leather substitute that is wholly or partially produced from plants, plant-based waste and/or bio-based materials. It mainly comprises tree bark, fruits, and plants such as grapes, cactus, bananas, mushrooms, pineapples, mangoes, coffee grounds, apples, and corn, among others.
As the COVID-19 pandemic ended, sustainable products including bio-based leather began gaining widespread popularity as an environmentally friendly and cruelty-free alternative to animal hide and plastic-based leather.
This blog provides information about bio-based leather, including its benefits, leading key companies, and future market forecasts till 2028. This market is estimated to reach $902.4 million by 2028 with a compound annual growth rate (CAGR) of 6.2% from 2023 to 2028.