The market is dominated by domestic suppliers, as imports account for 41.4% of total market size in 2020. Households drive market demand, with household spending representing 58.5% of total demand in 2020. Australia has the seventh largest market size for carpets and rugs across the top 20 developed countries, with demand reaching USD1.2 billion in 2020. Godfrey Hirst Australia Pty Ltd is the largest company in Australia, generating 43.8% of the industry’s total production value in 2020. The industry is concentrated, with the top five companies generating 82.8% of total production value in 2020. The total number of companies decreases in 2020, to 96 units. The costs of the industry decrease by 4.4% in 2020, largely driven by declining B2B costs. The industry’s profitability increases and stands at 4.5% of production value in 2020, the 18th highest across the top 20 developed countries. With production value of USD550 million, Australia accounts for 76.4% of the Australasia total in 2020.
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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
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