Cut and Sewn Textile Product Manufacturing in Australia: Market Research Report

The revenue of the industry, which manufactures a wide range of household and commercial textile goods for many downstream sectors, has declined for over a decade. Competing imports increased strongly in 2009-10 due to tariff reductions in 2010 and have continued to grow. Low-cost imports have an increasingly firm hold in the Australian market and most companies in the industry have either reorganised operations in recent years or stopped manufacturing. Competing imports are expected to rise 3.4% to $1.40 billion in 2012-13 and account for 41.9% of the industry's domestic demand. However, many textile products, such as canvas awnings and sails, will face limited import competition due to the bulky nature of these products and the high manufacturing standards of domestic firms... purchase to read more

Industry revenue and value added have declined over the past five years as domestic volumes have decreased and competing import levels have increased. In the decade through 2017-18, industry value added is estimated to decline at an annualised 2.1%, which compares unfavourably with Australia's estimated annualised GDP growth over the same period of 2.4%.

The industry is characterised by well-established and stable products. In the Australian market, made-up textile products are divided into clearly segmented products groups, and imports are gaining an increasing share of the local market. While new products are introduced from time to time, genuinely innovative products are rare. The industry is also characterised by quite a high degree of market saturation... purchase to read more