Fur Industry in Freefall

The fur trade is collapsing. Global fur production has crashed by 85% in the last decade, hitting its lowest level since 2010. In 2024 alone, it dropped by 40%, with China, the biggest fur producer, cutting its output by more than half between 2022 and 2023.

Just 21 million minks, foxes, and raccoon dogs were exploited for fur in 2023, down from 34.5 m…