Synthetic leather usually PVC (Polyvinyl Chloride) or PU (Poly Urethane)..
Leatherite is a synthetic material made to imitate the appearance and texture of leather. It is commonly used in the manufacturing of bags, wallets, and other accessories as a cost-effective alternative to genuine leather.
If you have not used till now, leatherite is the most recommended. Fabric upholstery on sofa requires more maintenance. Since they are breathable, moisture absoptions is more and can become stale with use. Leatherite can be polished from time to time with special cleaners and made good to use.
Contemporary furniture are made more simplistic in designs. The industry has shed those bulky designs of yester years to a more minimalistic silhouette that looks more appealing and save more space. Material of construction for modern furniture ranges from faux wood and rubberwood to particleboard and steel. Ofcourse leatherite has taken over genuine leather for more durability reasons.