The Clothing and Accessories of Furskin market in Norway has shown a declining trend from 2013 to 2023, with the market size value reducing from $25.867 million to $12.16 million USD. The year-on-year variation rates indicate consistent declines, particularly notable in 2015 and 2020, with the largest decrease occurring in 2015 at 24.57%. Over the past five years, the market experienced an average annual decline of 6.13% in value.
Future trends to watch for include a possible shift in consumer preferences towards more sustainable and ethical fashion choices, potentially impacting demand further. Regulatory changes and a continuing focus on environmental concerns could drive a further decline in the furskin market. Conversely, any reversal in these trends or a resurgence in luxury fashion could stabilize or slightly increase market growth.
| # | 6 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 546,210,000 | 2023 | +0.82% | +0.83% | View data |
| 2 | 2 South Korea | 349,620,000 | 2023 | +1.19% | +0.88% | View data |
| 3 | 3 Switzerland | 84,314,000 | 2023 | -0.18% | -0.082% | View data |
| 4 | 4 Austria | 43,369,000 | 2023 | -1.37% | -1.55% | View data |
| 5 | 5 Norway | 12,160,000 | 2023 | -6.95% | -6.13% | |
| 6 | 6 Uruguay | 4,159,400 | 2023 | -0.19% | +0.49% | View data |
