The forecast for the turnover of fur articles in France shows a declining trend from 2024 to 2028, starting at 52.9 million Euros in 2024 and dropping to 48.3 million Euros by 2028. When compared to the actual turnover in 2023, which stood at 53.7 million Euros, there is a noticeable decrease. The year-on-year percentage change indicates an average reduction of approximately 2.1% annually. Over the five-year period, the compound annual growth rate (CAGR) shows a consistent downturn in this sector.
Future trends to watch include increasing consumer preference for sustainable and ethical fashion alternatives, potentially leading to further declines in fur article sales. Additionally, legislative changes and growing awareness regarding animal welfare could amplify the shift away from traditional fur products.
