The Artificial Fur Market is being driven by Growing prominence for online shopping
The Artificial Fur Market is expected to grow at a CAGR of 19.9% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 227.6 million. In the global fashion industry, there is a growing trend towards the use of artificial fur in place of real animal fur. This shift is being driven by increasing concerns for animal welfare and the environment. At Paris Fashion Week, held from September 25th to October 3rd, 2023, Ecopel introduced Flur, a revolutionary new material made entirely from plant-based, biodegradable components. This innovative fabric, developed in collaboration with DuPont, a leading multinational chemical company, is composed of Sorona, a corn-based fiber, and a recycled polyester blend, enhanced with a vegetable oil-derived polymer. The resulting material offers a natural shearling or mohair appearance, while being 100% plant-based and free from chemicals. This development underscores the commitment of fashion retailers and apparel brands to sustainable and ethical manufacturing practices.
Get more information on Artificial Fur Market by requesting a sample report
The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
Rich Experience: 20+ years leading global market research, trusted insights across industries.
Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.
Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.
Market Scope |
|
Report Coverage |
Details |
Page number |
213 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 19.9% |
Market growth 2025-2029 |
USD 227.6 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
16.6 |
Key countries |
China, US, UK, Germany, France, Japan, India, South Korea, Australia, and Canada |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
The Artificial Fur Market encompasses a range of microfiber, acrylic, and polyester fabrics that mimic the look and feel of real fur. These fur-like materials are used to create various fashion items such as faux fur coats, jackets, vests, scarves, hats, gloves, and home textiles like rugs, throws, and cushions. Brands prioritize cruelty-free, eco-friendly, sustainable, recycled, and fur-free alternatives. Innovation, partnerships, and industry standards drive the development of fur-effect materials, fur-inspired designs, and fur-look textiles. Consumers increasingly demand fur-conscious brands, ethical practices, transparent supply chains, and authenticity assurance from certification bodies. Fur technology advancements and collaborative initiatives continue to shape the industry.
The global textiles market encompasses a broad range of product categories, including faux fur, synthetic fur, vegan fur, fur trim, fur fabric, fur lining, fur yarn, fur accessories, fur garments such as coats, jackets, and vests. The market's size is determined by the consolidated revenues of textile manufacturers, as well as those producing apparel, accessories, luxury goods, and footwear. The textiles sector will experience growth due to the escalating demand for geotextiles, which are permeable, synthetic textiles fabricated using polymers like polyester, polypropylene, polyethylene, and polyamides.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
Safe and Secure SSL Encrypted