The market is dominated by domestic suppliers, as imports account for 42.8% of total market size in 2022. Households drive market demand, with household spending representing 73.7% of total demand in 2022. Mexico has the largest market size for fur and fur articles regionally, with demand reaching USD342 million in 2022. Pieles La Sultana SA de CV is the largest company in Mexico, generating 7.6% of the industry’s total production value in 2022. The industry is fragmented, with the top three companies generating 11.0% of total production value in 2022. The total number of companies decreases in 2022, to 1,910 units. The costs of the industry increase by 8.9% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 25.9% of production value in 2022, the highest regionally. The industry’s exports share decreases in 2022 to 27.1% of total production output. With production value of USD128 million, Mexico accounts for 18.7% of the Latin America total in 2022.
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This Euromonitor industrial report provides unique information on Fur and Fur Articles in Mexico: 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 Mexico: 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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