The market is dominated by domestic suppliers, as imports account for 23.3% of total market size in 2022. Households drive market demand, with household spending representing 82.9% of total demand in 2022. The US has the second largest market size for fur and fur articles across the top 20 developed countries, with demand reaching USD3.0 billion in 2022. Olympia Ltd Inc is the largest company in the US, generating 3.5% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 6.9% of total production value in 2022. The total number of companies increases in 2022, to 1,115 units. The costs of the industry increase by 3.9% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 3.6% of production value in 2022, the 16th highest across the top 20 developed countries. The industry’s exports share decreases in 2022 to 3.9% of total production output. With production value of USD719 million, the US accounts for 94.6% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Fur and Fur Articles in the US: 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 the US: 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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