LEATHER CHAIR MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

The fluctuating prices of raw materials are significantly hampering the expansion of the global leather chair market. Leather chairs require a substantial quantity of high-quality leather which is prone to considerable price swings due to various factors in the international commodities market. Unlike synthetic materials, natural leather is sourced from livestock and its production involves an elaborate agricultural process. This makes leather highly susceptible to supply shortages and disruptions caused by adverse weather conditions, crop diseases, or geopolitical tensions among key trading nations.

 Market Opportunities: Growth of e-commerce sector

The steady rise of e-commerce across the world represents a major opportunity for the global leather chair market. As more consumers conduct furniture shopping online, leather chair companies now have direct access to a vast global customer base without being restricted by geographical barriers. E-commerce allows chair brands to showcase their entire product lines and design collections through virtual catalogues and 3D/360-degree imaging. This helps capture demand from consumers who prefer browsing a wide variety of chairs online before making a purchase decision.