The market is dominated by domestic suppliers, as imports account for 20.6% of total market size in 2020. Households drive market demand, with household spending representing 77.8% of total demand in 2020. The US has the second largest market size for fur and fur articles across the top 20 developed countries, with demand reaching USD2.4 billion in 2020. Olympia Ltd Inc is the largest company in the US, generating 3.2% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 6.3% of total production value in 2020. The total number of companies decreases in 2020, to 978 units. The costs of the industry decrease by 5.5% in 2020, largely driven by declining B2B costs. The industry’s profitability increases and stands at 3.6% of production value in 2020, the 16th highest across the top 20 developed countries. With production value of USD601 million, the US accounts for 95.2% of the North America total in 2020.
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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
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