The market is dominated by foreign suppliers, as imports account for 50.8% of total market size in 2023. Households drive market demand, with household spending representing 49.3% of total demand in 2023. Australia has the 18th largest market size for technical and other textiles across the top 20 developed countries, with demand reaching USD817 million in 2023. The total number of companies increases in 2023, to 579 units. The costs of the industry increase by 1.8% in 2023, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 8.6% of production value in 2023, the 15th highest across the top 20 developed countries. The industry’s exports share decreases in 2023 to 3.2% of total production output. With production value of USD284 million, Australia accounts for 80.8% of the Australasia total in 2023.
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This Euromonitor industrial report provides unique information on Technical and Other Textiles in Australia: ISIC 1729. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Technical and Other Textiles in Australia: ISIC 1729 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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