Down and Feather Market: Rising Consumer Spending Capacity in Developing Economies Contributing to Global Growth, TMR
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 Transparency Market Research 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 ...