Pinatex Market Size

Pinatex Market size is expected to cross USD 165 Million by the end of 2036, growing at a CAGR of 7% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of pinatex was over USD 69 Million. The growth of the market is due to partnerships with top fashion labels that present Pinatex with business potential. Businesses that work with Pinatex can reach a growing market of customers looking for fashionable and eco-friendly products. According to survey, 71% of consumers say they like co-branding collaborations.

In addition, it is anticipated that growing environmental concerns will drive the pinatex market's growth in the next years. The process of tanning and pre-tanning exposes the environment to several contaminants, including hydrogen sulfide, lime, and chrome sludge. There is no need to utilize hazardous substances, chemicals, or heavy metals to produce pineapple leather.