No it is not! Piñatex is not a skin, whereas leather is made from an animal skin. Piñatex is a non-woven natural fibre-based textile which, after a finishing treatment, becomes aesthetically similar to leather, while retaining similar characteristics. We like to say Piñatex is a natural, vegan alternative to leather.
It is a type of textile made from fibres, bonded toghether by chemical, mechanical, heat or solvent treatment. The term is used in the textile manufacturing industry to denote fabrics, such as felt, which are neither woven nor knitted.