In July 2025, the asian Leatherette market witnessed a modest price uptick driven by steady demand, currency depreciation, and cautious buying amid monsoon-related port delays. Stable domestic supply and resilient consumption across automotive, real estate, and footwear sectors kept the market balanced, with a positive outlook for value-added applications.
Leatherette prices in India edged up slightly in July 2025. It wasn’t a major jump, but steady demand, a weaker rupee, and a bit of caution on the supply side gave prices a gentle push upward. The monsoon season also complicated things—operations at key ports like Mundra, Kandla, and Nhava Sheva took a hit. Vessel delays and slower import clearances led to some backlogs, adding to the overall pressure on the market. Even so, domestic production stayed on track. That said, a few suppliers took a more guarded approach to sourcing, worried that port congestion might stretch on longer than expected. This cautious buying led to slightly tighter stock in some pockets.
From a manufacturing perspective, Leatherette supply stayed moderate despite logistical challenges. Even though there were some delays in import shipments, most fabricators and converters had enough stock on hand to manage without major issues. Domestic producers kept their supply consistent, which helped smooth over the temporary hiccups at the ports. On the demand side, Leatherette continued to do reasonably well across automotive, real estate, and footwear applications. In autos, usage for seat covers and interior trims held steady, despite a small year-on-year dip in passenger vehicle sales. The real estate market, on the other hand, remained quite active—especially in residential and commercial developments—driving good demand for Leatherette in furnishings and interior design.
In the footwear segment, demand for Leatherette held steady, with more buyers leaning toward synthetic options over genuine leather—especially in the fashion-forward categories. Metro Brands saw a solid 10% year-on-year boost in sales for its non-sports lines, which pretty much sums up the broader trend. On top of that, the rupee’s depreciation made imported raw materials pricier, and some of that cost got passed down the chain, adding to the mild price increase.
As per the ChemAnalyst the price of the Leatherette is expected to showcase underperformance in the upcoming sessions. This anticipation of fall in the Leatherette price is majorly align with the projection of lower demand from the regional and the overseas market amid monsoon sessions. US president Donald Trump applied 50% tariffs on the India goods exports which is going to hammer the Automotive components, Textiles and other sector consumption thereby impacting the Leatherette demand in the upcoming sessions.
