The market is dominated by domestic suppliers, as imports account for 48.0% of total market size in 2022. Households drive market demand, with household spending representing 61.9% of total demand in 2022. Australia has the seventh largest market size for carpets and rugs across the top 20 developed countries, with demand reaching USD1.3 billion in 2022. Godfrey Hirst Australia Pty Ltd is the largest company in Australia, generating 47.1% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 88.9% of total production value in 2022. The total number of companies increases in 2022, to 103 units. The costs of the industry decrease by 2.8% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 4.6% of production value in 2022, the 18th highest across the top 20 developed countries. The industry’s exports share decreases in 2022 to 2.2% of total production output. With production value of USD577 million, Australia accounts for 81.7% of the Australasia total in 2022.
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This Euromonitor industrial report provides unique information on Carpets and Rugs in Australia: ISIC 1722. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Carpets and Rugs in Australia: ISIC 1722 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of cordage, rope, twine and netting, finishing of textiles, made-up textile articles, spinning of textile fibers; weaving of textiles, tanning and dressing of leather, and technical textiles, labels, badges and other textile products.
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