Global Down and Feather Market In-depth Forecast Study Highlights Growth in CAGR% and Revenue (US$Mn) till 2020

Market Research Reports Search Engine (MRRSE) has recently updated its massive research catalog by adding a new study, titled “Down and Feather Market”. The study offers a clear insight about the prevailing trends and innovations happening in the Down and Feather Market. Readers can further access details about research highlights and executive summary to gain a better idea about this assessment. The market overview covers key industry developments and market opportunity map during the mentioned forecast period. In addition, a holistic view of the entire global market scenario across all the prime regional segments, such as (Regions) has been delivered.

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The global down and feather market is highly fragmented with many small and medium players, especially in China. The top three processors and manufacturers of fine down and feather blends - Allied Feather and Down, KL Down, and Feather Industries - held around 14% of the market in 2015.

Some of the key growth and expansion strategies identified by MRRSE include the development of new products catering to changing consumer lifestyles and investments in technological innovations. In July 2014, Allied Feather and Down introduced a proprietary technology to develop a fluorocarbon-free, water-resistant down. The down was developed implementing an advanced technology called HyperDRY ECO.

The opportunity presented by the global down and feather market stood at US$4.9 bn in 2015 and is projected to be worth US$8.7 bn by 2024. The market is projected to expand at a CAGR of 5.0% in terms of volume and 6.6% in terms of revenue during the forecast period.

By type, duck dominates the global down and feather market. In terms of volume, this is likely to expand at a CAGR of 5% between 2016 and 2024, higher than that presented by the goose segment. However, in terms of revenue, the goose segment is estimated to expand at a higher CAGR of 6.8% during the forecast period.

The comforters segment is projected to be a highly attractive product type of Down and Feather during the forecast period. Pillows and apparel segments are anticipated to exhibit stable demand in mature markets such as Europe and North America; however, there exists growth potential in other regions as well.

Asia Pacific is considered to be the leading market for down and feathers and its global market share by volume was 31.4% in 2015. During the forecast period, the consumption of down and feathers in the region is expected to increase at a CAGR of 6.1%.

The global consumption of duck and goose meat has increased significantly, particularly in countries such as China, Thailand, Malaysia, and Myanmar. Foie gras – a luxury food product made of the liver of a duck or goose – is a French delicacy that has gained popularity in several parts of the world. “Down and feathers are by-products of the meat industry and therefore, an increase in the consumption of duck and goose meat augments the down and feather market,” the TMR analyst reports.

A surge in the rate of urbanization across various developing economies of the world and the rise in consumer spending power have also had a significant impact on the demand for down and feather products. “Approximately 50% of the global population resides in urban areas and a growing percentage of rural inhabitants are also expected to move to urban areas in the near future,” the lead analyst states. This shift has given rise to an urban culture that strongly influences consumer behavior and individual lifestyle. This, coupled with an increase in purchasing power is likely to boost the demand for luxury clothing and comforters, thereby driving the market for down and feathers.

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The report provides the estimated market size of down and feather for 2015 and forecast for the next nine years. The global market size of down and feather has been provided in terms of volume and revenue. Market numbers have been estimated based on key type, origin, and product segments of down and feather. Market size and forecast for each major type, origin, and product have been provided in terms of global and regional markets.

In order to compile the research report, we conducted in-depth interviews and discussions with a number of key industry participants and opinion leaders. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.

Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, and SEC filings, internal and external proprietary databases, and relevant patent and regulatory databases, national government documents, statistical databases, and market reports, news articles, press releases, and webcasts specific to companies operating in the market, International Down and Feather Bureau (IDFB), American Down and Feather Council (ADFC), International Down and Feather Laboratory (IDFL), European Down and Feather Association (EDFA), China Feather and Down Industrial Association (CFDIA), The Down Association of Canada (Downmark), Swiss Bedding Manufacturer’s Association (VSB), and Home Fashion Products Association (HFPA).

Primary research involves e-mail interactions, telephonic interviews, and face-to-face interviews for each market, category, segment, and sub-segment across geographies. We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate the data and analysis. Primary interviews provide firsthand information on market size, market trends, growth trends, competitive landscape, and outlook, etc. These help validate and strengthen secondary research findings. These also help develop the analysis team’s expertise and market understanding.

The study includes profiles of major companies operating in the global down and feather market. Key players profiled in the report include Down and Feather market include Allied Feather & Down, Feather Industries, Down Décor, Down Inc., United Feather & Down, Inc., Heinrich Hassling GmbH & Co., OBB Oberbadische Bettfedernfabrik GmbH, Peter Kohl, Rhode, Karl Sluka, Treude & Metz GmbH & Co. KG, and other. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, recent developments, and SWOT analysis.

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