The market is dominated by foreign suppliers, as imports account for 57.6% of total market size in 2023. B2B drives market demand, with B2B spending representing 63.0% of total demand in 2023. Australia has the 13th largest market size for spinning of textile fibres; weaving of textiles across the top 20 developed countries, with demand reaching USD1.5 billion in 2023. Michell Pty Ltd is the largest company in Australia, generating 1.9% of the industry’s total production value in 2023. The industry is fragmented, with the top one company generating 1.9% of total production value in 2023. The total number of companies decreases in 2023, to 205 units. The costs of the industry decrease by 1.3% in 2023, largely driven by declining labour costs. The industry’s profitability increases and stands at 16.2% of production value in 2023, the second highest across the top 20 developed countries. The industry’s exports share decreases in 2023 to 15.1% of total production output. With production value of USD453 million, Australia accounts for 68.2% of the Australasia total in 2023.
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This Euromonitor industrial report provides unique information on Spinning of Textile Fibres; Weaving of Textiles in Australia: ISIC 1711. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Spinning of Textile Fibres; Weaving of Textiles in Australia: ISIC 1711 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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