• Home
  • Latest
  • Coins2Day 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Retail

Sizing Up Vegan Leather: Is It Just A Fad?

By
Denitsa Tsekova
Denitsa Tsekova
and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Denitsa Tsekova
Denitsa Tsekova
and
Bloomberg
Bloomberg
Down Arrow Button Icon
August 23, 2019, 1:47 PM ET
Christian Vierig/Getty Images

Environmentally conscious consumers are fretting about not just what they eat. Some have started to shun clothes and other products made from animal hides, opting instead for synthetic and natural alternatives. Collectively these have become known as vegan leather. Even Elon Musk’s Tesla Inc. Will offer a “fully vegan” car. These alternatives to leather are often cheaper. The question for consumers is: Are they better for the planet?

What is vegan leather?

What sounds like an oxymoron mostly refers to synthetic products. Instead of processed cowhides or sheepskin, the majority of vegan leather is made from plastic-based polyurethane chloride—PVC—and polyurethane, referred to as PU. However, there is also an innovative variety of nature-based products, such as those derived from cork, bark, pineapple leaves, or apple peel. Manufacturers of high-quality alternatives say they look identical to the real thing, although vegan leather doesn’t improve with age the way animal leather can.

Why are people buying it?

Getting a similar product that avoids causing suffering for animals has stirred strong appeal, especially among younger people in nations such as the U.S. And the U.K. Sales of meat alternatives have soared partly on the back of environmental worries about the real thing (and because of health concerns), while investors, including Microsoft co-founder Bill Gates, have put their money into developing such products.

Are people buying vegan leather?

It seems so, especially in the U.S., where consumers are awakening a global sustainable fashion movement widely supported by companies. The online availability of vegan leather products has more than doubled in the U.K. And rose 54% in America between the first half of 2018 and the same period this year, according to retail researcher WGSN Instock. Demand is especially strong in the footwear industry, with more Americans wanting to cover their feet in animal-free sneakers. The automobile industry has also been shifting from genuine to faux leather after Tesla was urged to go vegan by stakeholders. Footwear and auto industry use is expected to drive global demand for synthetic leather to annual growth of 7%, reaching $45 billion in 2025, according to Grand View Research; in 2018, global sales of traditional leather was estimated at $95.4 billion.

Is vegan leather cheaper?

The plastic-based alternatives generally are. They’re also easier to maintain, a key reason car manufacturers are interested. Vegan leather made of organic materials such as pineapple leaves, however, tend to cost more than the plastic variety, though they’re cheaper than traditional leather. There’s also the question of durability. Vegan leather is much thinner than real leather, which can last for years.

Is faux leather better for the planet?

Plastics are hardly environment-friendly. The most commonly used PVC releases dioxins, which are potentially dangerous in confined spaces and especially so if burnt. However, organic vegan leathers such as pinatex (made from pineapple leaves) and apeel (made from apple peel) can be converted into fertilizer or bio-gas. Genuine leather’s environmental credentials are tainted by its use of toxic chemicals in the tanning process. Also, cows are major emitters of greenhouse gases and require vast quantities of feed, land and water. On the other hand, synthetic leather often uses petroleum at some point in its manufacturing, while traditional leather arguably is just a byproduct of dairy and meat production that would otherwise go to waste.

Is fake leather new?

No, but the natural versions are relatively recent innovations and are especially appealing to a new brand of consumer who is cutting down on meat intake and trying to reduce his or her environmental footprint. At the same time, apparel makers for all budgets are committing to making fashion more sustainable. That’s increasing the appeal of nature-based leather substitutes as well as recycled plastic and more refined plastic derivatives like water-borne and solvent-free polyurethanes that are safer for people to work with. Pinatex is made from the waste of the pineapple industry— pineapple leaves. The fibers are extracted, felted, and processed without the use of chemicals and heavy metals, but non-biodegradable petroleum based resins and PLA, or bio-plastic, are still used.

How is real leather holding up?

Wariness toward leather by some consumers comes as record demand for U.S. Beef has boosted the supply of animal hides. That’s meant a lot of product going to waste, some even heading to landfills—a situation many in the industry called “unimaginable.” On the other hand, this is an industry prone to waste since many of the hides do not make the grade due to imperfections.

More must-read stories from Coins2Day:

—Big-Box rebound: How Target packaged a turnaround
—How Minidip made a splash with its inflatable pools
—Taylor Swift and Stella McCartney release Lover fashion
—A new era of fashion logos is driving creativity, business
—Listen to our audio briefing, Coins2Day 500 Daily
Follow Coins2Day on Flipboard to stay up-to-date on the latest news and analysis.

About the Authors
By Denitsa Tsekova
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon

Latest in Retail

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

© 2026 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Most Popular

placeholder alt text
Economy
An unusual Fed ‘rate check’ triggered a free fall in the U.S. dollar and investors are fleeing into gold
By Jim EdwardsJanuary 26, 2026
17 hours ago
placeholder alt text
Success
Despite running $75 billion automaker General Motors, CEO Mary Barra still responds to ‘every single letter’ she gets by hand
By Preston ForeJanuary 26, 2026
12 hours ago
placeholder alt text
Politics
Trump was surging after the Venezuela raid—then came Jerome Powell, Greenland, and Minnesota. Now it feels like a ‘historic hinge moment’
By Jason MaJanuary 25, 2026
1 day ago
placeholder alt text
Personal Finance
Sweden abolished its wealth tax 20 years ago. Then it became a 'paradise for the super-rich'
By Miranda Sheild Johansson and The ConversationJanuary 22, 2026
5 days ago
placeholder alt text
North America
Gates Foundation plans to give away $9 billion in 2026 to prepare for the 2045 closure while slashing hundreds of jobs
By Sydney LakeJanuary 23, 2026
3 days ago
placeholder alt text
Success
'The Bermuda Triangle of Talent': 27-year-old Oxford grad turned down McKinsey and Morgan Stanley to find out why Gen Z’s smartest keep selling out
By Eva RoytburgJanuary 25, 2026
2 days ago

Latest in Retail

Michael Fiddelke stands and talks.
RetailTarget
Target’s incoming CEO breaks silence on Minneapolis violence near HQ—read his full statement 
By Jacqueline MunisJanuary 26, 2026
8 hours ago
Photo of Doug McMillon
SuccessCareers
After 40 years of climbing the ladder, Walmart’s CEO Doug McMillon is retiring—his top tip for Gen Z is that ‘life is too short’ to hate their jobs
By Emma BurleighJanuary 26, 2026
12 hours ago
A woman stands in a target with her fist in the air. A man behind her holds an "Abolish ICE" sign.
RetailTarget
Target faces new backlash amid Minnesota ICE raids after boycotts over its DEI rollback. But don’t blame politics for falling profits, analyst says
By Jacqueline MunisJanuary 23, 2026
3 days ago
RetailWeather and forecasting
How Walmart is using AI to reroute essential supplies ahead of Winter Storm Fern
By Alex Vuocolo and Retail BrewJanuary 23, 2026
3 days ago
Walmart's CEO Doug McMillon
Successchief executive officer (CEO)
Walmart CEO started his career unloading trailers at the warehouse. He says he got promotion after promotion by raising his hand when his boss was out
By Orianna Rosa RoyleJanuary 23, 2026
4 days ago
EuropeDonald Trump
A Danish app that helps consumers boycott U.S. products increased users by 1,400% as Trump resurrected the Greenland issue at Davos
By Marco Quiroz-GutierrezJanuary 23, 2026
4 days ago