Industry Analysis & Industry Trends
The Synthetic and Natural Textile Manufacturing industry has faced difficult trading conditions over the past five years, and as a result, industry revenue has declined rapidly. International trade is high and industry operators are exposed to intense competition from low-cost manufacturing countries. Industry operators have struggled to compete with foreign producers due to high average wages in Australia and increasing operating costs. The industry is vulnerable to fluctuations in the exchange rate, and a high Australian dollar over most of the past five years has further reduced industry operators' price competitiveness... purchase to read more
Industry Report - Industry Products Chapter
Companies in the Synthetic and Natural Textile Manufacturing industry are engaged in spinning yarns, weaving fabrics or wool scouring. The industry can be segmented into three broad categories: synthetic textile manufacturing, wool scouring and natural textile manufacturing.
Synthetic textile manufacturing
Synthetic textile products make up the largest industry segment, at an estimated 66.8% of industry revenue in 2013-14. The product segment, which includes synthetic fibre yarn and fabrics, contributes a substantial percentage of industry revenue due to the high value add of some products in the segment and contracts between industry operators and the Federal Government to supply fabric for defence uniforms... purchase to read more