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The Artificial Fur Market Size is estimated to grow at a CAGR of 15.09% between 2022 and 2027. The size of the market is forecast to increase by USD 119.21 million. The growth of the market depends on several factors, including growing prominence for online shopping, a shift to artificial fur from animal fur, and an increase in the number of initiatives for banning animal fur farming.
This report extensively covers market segmentation by application (apparel, upholstery and home textiles, and other accessories), distribution channel (online and offline), and geography (APAC, Europe, North America, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
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The increase in the number of initiatives for banning animal fur farming is notably driving the faux fur clothing market growth, although factors such as issues related to the use of artificial fur may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key Artificial Fur Market Driver
The increase in the number of initiatives for banning animal fur farming is notably driving the faux fur clothing market growth. Globally, the number of initiatives for banning fur farming has increased because of the growing focus on animal welfare. Governments across the world implement stringent regulations, which have led to the shutdown of fur farms.
For instance, Estonia's Parliament passed a bill in 2021 to make fur farming illegal as of January 1, 2026. Similarly, in 2020, California banned fur trapping and the sale and manufacture of new fur clothing and accessories, beginning from January 1, 2023. Government initiatives to ban fur farming will increase the availability and use of animal fur and lead to a rise in demand for fur among apparel manufacturers. As a result, the demand for artificial fur is likely to increase during the forecast period.
Significant Artificial Fur Market Trend
The primary trend in the faux fur clothing market is the increasing popularity of fur made from recycled plastic. Various types of plastic are used to create artificial fur, as they provide the bulk necessary to imitate real fur, while being lighter than traditional faux fur fabrics. Plastic is also easier to color and texture than alpaca fibers, allowing for the reproduction of a wide range of colors and patterns. However, the use of polymeric materials for making artificial fur can cause environmental harm as they are non-biodegradable, which can increase pollution. Thus, there has been an increased demand for sustainable materials such as recycled plastic.
Several artificial fur manufacturers are focusing on producing fur from recycled plastic. For instance, ECOPEL has announced its plan to launch faux fur made from recycled plastic. The company collects plastic waste from the oceans and transforms it into artificial fur. The widespread use of artificial fur made from recycled plastic is expected to drive the demand for artificial fur during the forecast period.
Major Artificial Fur Market Challenge
The growth of the faux fur clothing market is hindered by significant challenges related to the use of artificial fur. Despite its widespread use, there are several issues associated with artificial fur that limit its growth potential. Unlike real fur, artificial fur does not provide adequate insulation and does not allow the skin to breathe, which results in increased body temperature and sweating. In addition, synthetic fibers tend to shed due to wear and tear, leading to unsightly bald patches on the clothing underneath. Artificial fur also does not allow for the re-freezing and melting of snow on the fiber filaments, causing discomfort for wearers during outdoor activities in extreme weather conditions such as hiking, skiing, or mountain climbing. These challenges may reduce the demand for artificial fur during the forecast period, thereby hindering the growth of the market.
Key Artificial Fur Market Customer Landscape
The report includes the adoption lifecycle of the faux fur clothing market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Artificial Fur Market Customer Landscape
Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the faux fur clothing market.
Youngman Woollen Mills Pvt. Ltd. - The company offers various types of faux furs which can be used as fabrics, blankets, and throws. The company offers mink blankets, flannel blankets, fleece blankets, sherpa throws blankets, rabbit fur blankets, and teddy blankets.
The market report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:
Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
The market share growth of the apparel segment will be significant during the forecast period. Apparels made from artificial fur include coats, jackets, blazers, and dresses. Currently, luxury apparels made of artificial fur are in high demand. Clothes made of fur are comfortable and are thus preferred by the modeling and fashion industries worldwide. Fur coats and jackets are some of the popular apparel types. Extreme cold weather conditions in the Americas and Europe increase the consumption of fur coats and jackets. Many fashion retailers and government agencies have implemented initiatives to ban the use of animal fur for manufacturing fur-based products. Therefore, the use of artificial fur for manufacturing apparel is expected to increase.
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The apparel segment was valued at USD 41.28 million in 2017 and continued to grow until 2021. Public and government concern over animal cruelty and endangered species has reduced the demand for apparel made from animal fur. Some of the major fashion retailers have banned or reduced the use of animal fur-based products. For instance, in 2019, Macy's Inc., a fashion brand, announced that it would ban animal fur at its properties by the end of the fiscal year 2020. Similarly, Prada Group, Phillip Lim, and Coach announced a ban on animal fur in 2021. Reduced use of animal furs by fashion retailers will increase the consumption of artificial furs for manufacturing apparel.
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APAC is estimated to contribute 56% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
The faux fur clothing market in APAC is expected to register the fastest growth during the forecast period. Globally, China is the largest producer and exporter of artificial fur. Fur clothing and fashion are growing in popularity in the country, which, in turn, is increasing the demand for faux fur. China exports most of its artificial fur to the US, North Korea, Japan, and countries in the EU.
In Japan, the popularity of fur clothing has significantly reduced because of the rising demand for ethically manufactured products. Therefore, the demand for artificial fur-based products has increased. South Korea is one of the leading customers of fur-based products in APAC and offers ample opportunities for growth to luxury goods companies. Stable economic growth and the industrial hubs of Seoul and Gyeonggi-do have fueled spending on luxury retail products such as fur-based apparel. In Asia, China, Japan, and South Korea have extreme winters, which can lead to high demand for artificial-fur-based products such as coats, jackets, and shoes. In Southeast Asia, Malaysia, Singapore, Vietnam, and several other countries are the major producers and exporters of artificial fur.
COVID-19 negatively impacted market growth in APAC in 2020. However, the reopening of international trade, followed by a rise in the export and import of artificial fur in countries such as China, Japan, Thailand, and India, is likely to boost market growth during the forecast period.
The makret report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
Artificial Fur Market Scope |
|
Report Coverage |
Details |
Page number |
160 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 15.09% |
Market growth 2023-2027 |
USD 119.21 million |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
14.21 |
Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
Performing market contribution |
APAC at 56% |
Key countries |
US, China, UK, Germany, and France |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Ambassador Textiles Ltd., Aono Pile Co. Ltd., Bartfeld, DealTask Pty Ltd., ECOPEL, EZ Fabric, JiangSu Unitex Co. Ltd., Kolunsag Muflon Sanayi Ltd., Nanjing Eastsun Textiles Co. Ltd., Pahwa Fur Fabrics Pvt. Ltd., Peltex Fibres Sarl, Ramtex Inc., Shannon Fabrics Inc., Sommers Plastic Products Co., Texfactor Textiles, Trims Lannd, USA Knit Products, Wayfair Inc., Youngman Woollen Mills Pvt. Ltd., and Zhejiang Fur Co. Ltd. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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