The market is dominated by foreign suppliers, as imports account for 63.9% of total market size in 2022. Households drive market demand, with household spending representing 84.5% of total demand in 2022. Australia has the seventh largest market size for fur and fur articles across the top 20 developed countries, with demand reaching USD113 million in 2022. Akubra Hats Pty Ltd is the largest company in Australia, generating 23.7% of the industry’s total production value in 2022. The industry is concentrated, with the top three companies generating 52.5% of total production value in 2022. The total number of companies decreases in 2022, to 241 units. The costs of the industry decrease by 3.2% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 12.8% of production value in 2022, the fifth highest across the top 20 developed countries. The industry’s exports share decreases in 2022 to 15.4% of total production output. With production value of USD36.6 million, Australia accounts for 75.2% of the Australasia total in 2022.
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This Euromonitor industrial report provides unique information on Fur and Fur Articles in Australia: ISIC 182. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Fur and Fur Articles in Australia: ISIC 182 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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