What is Faux Fur Market?
Faux fur is a form of textile fabric fashioned to fake genuine animal fur. This type of fur is known as artificial fur or pile fabric and is normally made from polymeric fibers which are dyed, cut, and processed to match particular fur color and texture. Polymer technology has impressively improved artificial fur quality. Currently, faux fur looks as real as the natural fur they imitate. The production process of artificial fur is mostly automated.
The market study is being classified by Type (100% Acrylic, 100% Polyester, Acrylic & Acrylic Blends and Polyester & Polyester Blends), by Application (Apparel and Upholstery & Home Textiles Others) and major geographies with country level break-up.
DealTask (North Macedonia), PELTEX FIBRES SARL (France), Sommers Plastic Products (United States), TEXFACTOR TEXTILES (China), Boohoo (United Kingdom), Marks and Spencer plc (United Kingdom), DRY LAKE (Sweden), River Island (United Kingdom), macys (United States) and H & M Hennes & Mauritz GBC AB (Finland) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Free People, LLC (United States), Shrimps (United Kingdom), Etsy, Inc. (United States), John Lewis plc (United Kingdom), DONNA SALYERS' FABULOUS-FURS (United States), Forever21 Inc. (United States) and NEXT RETAIL LTD. Wayfair LLC (United States).
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that European and United States Vendors will contribute to the maximum growth of Global Faux Fur market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Faux Fur market by Type, Application and Region.
On the basis of geography, the market of Faux Fur has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Usages of Sustainable Material Such as Recycled Plastics
- Surging Demand for Personal Wearable And Home Decoration
- Increasing Fashion Trends Through Social Media Platform
- Arability of Quality Material along with their Harmful Environmental Effects
- Increasing Spending via Online Retailing, and Changing Perception
- Intense Competition among the Competitors
On 29th August 2020, Apparis has announced the closing of USD 3 Million in seed round funding, led by Third Kind Venture Capital. Founded in the year 2016 and based in New York City, Apparis has quickly grown a cult following for their high quality, high fashion, and cruelty-free outerwear.
Key Target AudienceFaux Fur Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other
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