Market Snapshot:
Faux fur is a form of textile fabric fashioned to fake genuine animal fur. This type of fur is known as artificial fur or pile fabric and is normally made from polymeric fibers which are dyed, cut, and processed to match particular fur color and texture. Polymer technology has impressively improved artificial fur quality. Currently, faux fur looks as real as the natural fur they imitate. The production process of artificial fur is mostly automated.
Highlights from Faux Fur Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The key Vendors profiled in the report are DealTask (North Macedonia), PELTEX FIBRES SARL (France), Sommers Plastic Products (United States), TEXFACTOR TEXTILES (China), Boohoo (United Kingdom), Marks and Spencer plc (United Kingdom), DRY LAKE (Sweden), River Island (United Kingdom), macys (United States) and H & M Hennes & Mauritz GBC AB (Finland). Additionally, other players that are part of this comprehensive study are Free People, LLC (United States), Shrimps (United Kingdom), Etsy, Inc. (United States), John Lewis plc (United Kingdom), DONNA SALYERS' FABULOUS-FURS (United States), Forever21 Inc. (United States) and NEXT RETAIL LTD. Wayfair LLC (United States).
Geographic Breakdown and Segment Analysis
The Global Faux Fur market presents a comprehensive analysis of the Faux Fur market by product type (100% Acrylic, 100% Polyester, Acrylic & Acrylic Blends and Polyester & Polyester Blends), by end-user/application (Apparel and Upholstery & Home Textiles Others), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Faux Fur industry. Investors and Vendors can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Faux Fur market
Analyst at AMA have segmented the market study of Global Faux Fur market by Type, Application and Region.
Influencing Trend:
Increasing Fashion Trends Through Social Media Platform
Market Growth Drivers:
Rising Usages of Sustainable Material Such as Recycled Plastics and Surging Demand for Personal Wearable And Home Decoration
Challenges:
Intense Competition among the Competitors
Restraints:
Arability of Quality Material along with their Harmful Environmental Effects
Opportunities:
Increasing Spending via Online Retailing, and Changing Perception
Market Developments Activities:
In May 2023, Stella McCartney acquired a majority stake in Bolt Threads, a company specializing in bio-based materials like faux fur made from mushroom mycelium. This acquisition will allow Stella McCartney to integrate Bolt Threads' innovative materials into its collections and accelerate the development of sustainable luxury fashion.
In August 2023, Stella McCartney has released its first-ever faux fur puffer jacket. The "Fur-Free Fur" puffer is made from recycled materials and features a sleek, modern design.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Key Target Audience
Faux Fur Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other