In 2023, the fur apparel sector in Brazil stood at 1.35 billion Brazilian Reals. From 2024 onwards, the forecast suggests a gradual annual decline in production value. Year-on-year variations are as follows: -1.54% in 2025, -2.34% in 2026, -2.40% in 2027, and -2.46% in 2028. This indicates a consistent downward trend over the forecast period, with a CAGR of approximately -2.19% from 2024 to 2028.

Future trends to watch for:

Increased pressure from animal rights campaigns may further decrease consumer demand.
Emerging sustainable alternatives could advance, impacting fur production negatively.
Consumer preference shifts toward synthetic and environmentally-friendly products could lead to restructuring within the industry.
Monitoring economic factors such as currency fluctuations and raw material costs will be essential for future forecasts.