The Clothing and Accessories of Furskin market in Switzerland has seen a general decline over the past decade, with the market value decreasing from $102.15 million in 2013 to $84.314 million in 2023. The last five years have shown slight fluctuations but mostly a stagnant trend, highlighted by a marginal decrease from 2022 to 2023. The compound annual growth rate (CAGR) over this period stands at -0.082%, reflecting a slow decline.
Future trends to watch for include:
- The impact of sustainability and animal welfare debates on fur product demand.
- Potential shifts in consumer preferences toward synthetic alternatives.
- Regulatory changes affecting fur importation and production.
| # | 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% | |
| 4 | 4 Austria | 43,369,000 | 2023 | -1.37% | -1.55% | View data |
| 5 | 5 Norway | 12,160,000 | 2023 | -6.95% | -6.13% | View data |
