Industry Analysis & Industry Trends
The Synthetic and Natural Textile Manufacturing industry is characterised by declining revenue, employment and establishment numbers. The industry is also suffering as the local downstream textile industries it supplies struggle to compete with cheaper imports into the local market and increased imports of completed downstream textile products. As the textile, clothing and footwear (TCF) sector shrinks in Australia, so does demand for this industry's products. Also, lower demand from TCF industries is expected to result in imports dropping by 11.1% to $519.3 million in 2012-13... purchase to read more
Industry Report - Industry Investment Chapter
The level of labour and capital employed in the Synthetic and Natural Textile Manufacturing industry varies among different industry segments. For example, the assembly of household textile products requires machinists and other factory workers, while technical fabrics require greater machinery and capital equipment to manufacture. Other activities, such as wool scouring, also employ large amounts of capital equipment.
Overall, IBISWorld estimates that the industry is characterised by a medium capital intensity level. As a guide, it employs between three and eight units of labour for every unit of capital across the various segments, with an industry average of around four. In the future, the level of capital intensity is projected to rise... purchase to read more