Product Code: ETC033104 | Publication Date: Jun 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India fur clothing and products market was valued at USD 343 million in 2020, and is anticipated to reach USD 533 million by 2026, exhibiting a CAGR of 7.3% during the forecast period (2020-2026). The increasing fashion trend among Indians is one of the major factors driving the market growth. Furthermore, growing demand for luxury apparel has also propelled the market growth.
1. Increasing Fashion Trends Among Indians: The changing lifestyle of urban consumers is boosting their spending towards fashionable apparels which include fur coats, jackets and other garments made up of animal skins or hides such as sheepskin, goat skin, rabbit skin etc., As a result this trend has caused an increase in number of people opting for fur clothing including accessories like gloves & hats in India which created high opportunities for key players operating in India fur clothing & products market.
2. Growing Demand For Luxury Apparel & Accessories: With rising per capita income coupled with increasing youth population who prefer luxurious items have been considered as primary factor fueling demand for luxury apparel including accessories made from furs in Indian Market over past few years along with presence of international brands like Gucci & Prada that have promoted awareness about these products further accelerating its adoption rate across country..
1. High Price Point Of Fur Clothing Products : Although there exists majority positive attitude among consumer towards fur apparels but price associated with them are still deemed too high thus limiting its penetration into mid-income group segment resulting into low demand compared to other countries globally . This concern can be seen even post economic liberalization when purchasing power parity risen significantly yet affordability remains challenge.
2. Availability Of Alternatives In Market : Another factor adversely affecting sales volume is availability of alternatives such as synthetic fibers that offer somewhat similar quality at fractional cost than those offered via natural source , thereby affecting overall market share held by latter . It presents immense pressure upon key player to come up innovative strategies overcoming this challenge while keeping product competitively priced , making it attractive option within target audience .
3. Stringent Animal Rights Regulations : Around world many regulations exist safeguarding animals rights against any kind cruelty or exploitation . Specifically Europe holds several stringent policies regarding production process involved hereof deterring some potential investors from entering sector due to fear being prosecuted over issues related animal rights violations leading into reduced investment opportunities within region impacting overall revenue outlook negatively on macro level effecting global industry scenario
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Fur Clothing and Products Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Fur Clothing and Products Market Revenues & Volume, 2020 & 2030F |
3.3 India Fur Clothing and Products Market - Industry Life Cycle |
3.4 India Fur Clothing and Products Market - Porter's Five Forces |
3.5 India Fur Clothing and Products Market Revenues & Volume Share, By Material Type, 2020 & 2030F |
3.6 India Fur Clothing and Products Market Revenues & Volume Share, By Application, 2020 & 2030F |
3.7 India Fur Clothing and Products Market Revenues & Volume Share, By Style, 2020 & 2030F |
3.8 India Fur Clothing and Products Market Revenues & Volume Share, By Size, 2020 & 2030F |
3.9 India Fur Clothing and Products Market Revenues & Volume Share, By End-user, 2020 & 2030F |
3.10 India Fur Clothing and Products Market Revenues & Volume Share, By Sales Channel, 2020 & 2030F |
4 India Fur Clothing and Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Fur Clothing and Products Market Trends |
6 India Fur Clothing and Products Market, By Types |
6.1 India Fur Clothing and Products Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 India Fur Clothing and Products Market Revenues & Volume, By Material Type, 2020-2030F |
6.1.3 India Fur Clothing and Products Market Revenues & Volume, By 100% Acrylic, 2020-2030F |
6.1.4 India Fur Clothing and Products Market Revenues & Volume, By 100% Polyester, 2020-2030F |
6.1.5 India Fur Clothing and Products Market Revenues & Volume, By Acrylic & Acrylic Blends, 2020-2030F |
6.1.6 India Fur Clothing and Products Market Revenues & Volume, By Polyester & Polyester Blends, 2020-2030F |
6.2 India Fur Clothing and Products Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Fur Clothing and Products Market Revenues & Volume, By Apparel, 2020-2030F |
6.2.3 India Fur Clothing and Products Market Revenues & Volume, By Upholstery & Home textiles, 2020-2030F |
6.2.4 India Fur Clothing and Products Market Revenues & Volume, By Other Accessories, 2020-2030F |
6.3 India Fur Clothing and Products Market, By Style |
6.3.1 Overview and Analysis |
6.3.2 India Fur Clothing and Products Market Revenues & Volume, By Solid Pattern and Animal Pattern, 2020-2030F |
6.3.3 India Fur Clothing and Products Market Revenues & Volume, By Animal Pattern, 2020-2030F |
6.4 India Fur Clothing and Products Market, By Size |
6.4.1 Overview and Analysis |
6.4.2 India Fur Clothing and Products Market Revenues & Volume, By Short, 2020-2030F |
6.4.3 India Fur Clothing and Products Market Revenues & Volume, By Medium, 2020-2030F |
6.4.4 India Fur Clothing and Products Market Revenues & Volume, By Long, 2020-2030F |
6.5 India Fur Clothing and Products Market, By End-user |
6.5.1 Overview and Analysis |
6.5.2 India Fur Clothing and Products Market Revenues & Volume, By Men, 2020-2030F |
6.5.3 India Fur Clothing and Products Market Revenues & Volume, By Women, 2020-2030F |
6.5.4 India Fur Clothing and Products Market Revenues & Volume, By Kids, 2020-2030F |
6.6 India Fur Clothing and Products Market, By Sales Channel |
6.6.1 Overview and Analysis |
6.6.2 India Fur Clothing and Products Market Revenues & Volume, By Offline, 2020-2030F |
6.6.3 India Fur Clothing and Products Market Revenues & Volume, By Online, 2020-2030F |
7 India Fur Clothing and Products Market Import-Export Trade Statistics |
7.1 India Fur Clothing and Products Market Export to Major Countries |
7.2 India Fur Clothing and Products Market Imports from Major Countries |
8 India Fur Clothing and Products Market Key Performance Indicators |
9 India Fur Clothing and Products Market - Opportunity Assessment |
9.1 India Fur Clothing and Products Market Opportunity Assessment, By Material Type, 2020 & 2030F |
9.2 India Fur Clothing and Products Market Opportunity Assessment, By Application, 2020 & 2030F |
9.3 India Fur Clothing and Products Market Opportunity Assessment, By Style, 2020 & 2030F |
9.4 India Fur Clothing and Products Market Opportunity Assessment, By Size, 2020 & 2030F |
9.5 India Fur Clothing and Products Market Opportunity Assessment, By End-user, 2020 & 2030F |
9.6 India Fur Clothing and Products Market Opportunity Assessment, By Sales Channel, 2020 & 2030F |
10 India Fur Clothing and Products Market - Competitive Landscape |
10.1 India Fur Clothing and Products Market Revenue Share, By Companies, 2023 |
10.2 India Fur Clothing and Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |