The market is dominated by domestic suppliers, as imports account for 49.6% of total market size in 2022. Households drive market demand, with household spending representing 75.5% of total demand in 2022. Canada has the ninth largest market size for fur and fur articles across the top 20 developed countries, with demand reaching USD71.5 million in 2022. Tannerie des Ruisseaux Inc is the largest company in Canada, generating 5.7% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 11.4% of total production value in 2022. The total number of companies decreases in 2022, to 44 units. The costs of the industry increase by 3.1% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 4.2% of production value in 2022, the 15th highest across the top 20 developed countries. The industry’s exports share decreases in 2022 to 23.8% of total production output. With production value of USD41.3 million, Canada accounts for 5.4% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Fur and Fur Articles in Canada: ISIC 182. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Fur and Fur Articles in Canada: ISIC 182 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of cordage, rope, twine and netting, finishing of textiles, made-up textile articles, spinning of textile fibers; weaving of textiles, tanning and dressing of leather, and technical textiles, labels, badges and other textile products.
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