Global Artificial Fur Market 2020-2024
Technavio has been monitoring the artificial fur market and it is poised to grow by $ 156.73 million during 2020-2024 progressing at a CAGR of 19% during the forecast period. Our reports on artificial fur market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing prominence for online shopping and increase in number of initiatives for banning animal fur farming. In addition, growing prominence for online shopping is anticipated to boost the growth of the market as well.
The artificial fur market analysis includes application segment and geographic landscapes
Technavio's artificial fur market is segmented as below:
- Upholstery and home textiles
- Other accessories
By Geographic Landscapes
- North America
- South America
This study identifies the shift to artificial fur from animal fur as one of the prime reasons driving the artificial fur market growth during the next few years.
"Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our artificial fur market covers the following areas:
- Artificial fur market sizing
- Artificial fur market forecast
- Artificial fur market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading artificial fur market vendors that include Aono Pile Co. Ltd., Bartfeld, DealTask Pty Ltd., EZ Fabric Inc., Kolunsag Muflon Sanayi Ltd., Peltex Fibres Sarl, Ramtex Inc. , Sommers Plastic Products Co. , Texfactor Textiles, and Zhejiang Jiashan Yueda Artificial Fur Co. Ltd.. Also, the artificial fur market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.