The market is dominated by foreign suppliers, as imports account for 77.0% of total market size in 2020. Households drive market demand, with household spending representing 83.2% of total demand in 2020. Canada has the seventh largest market size for fur and fur articles across the top 20 developed countries, with demand reaching USD83.2 million in 2020. Tannerie des Ruisseaux Inc is the largest company in Canada, generating 10.1% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 25.2% of total production value in 2020. The total number of companies decreases in 2020, to 52.0 units. The costs of the industry decrease by 14.2% in 2020, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 3.8% of production value in 2020, the 16th highest across the top 20 developed countries. With production value of USD25.1 million, Canada accounts for 3.5% of the North America total in 2020.
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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
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