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Synthetic and Natural Textile Manufacturing in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Synthetic and Natural Textile Manufacturing Market Research Report | ANZSIC C1310 | Apr 2016

Hanging by a thread: Intense import competition has caused rapid revenue declines

IBISWorld’s Synthetic and Natural Textile Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$448m
Annual Growth 11-16
-6.0%
Annual Growth 16-21
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Profit
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Employment
1,341
Businesses
136
Industry Analysis & Industry Trends

Over the past five years, the Synthetic and Natural Textile Manufacturing industry has faced difficult trading conditions, which have caused industry revenue to rapidly decline. 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 exchange rate fluctuations, and the strength of the Australian dollar until late 2013 reduced industry operators’ price competitiveness.

Synthetic and natural textile manufacturers produce fabric and yarn used by carpet, apparel and textile product manufacturing industries... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Synthetic and Natural Textile Manufacturing industry is in the decline phase of its economic life cycle. Industry value added is forecast to contract at an annualised 1.9% over the 10 years through 2020-21, compared with a 2.6% annualised growth in GDP. This means that the industry’s contribution to the Australian economy is declining. High operating costs have forced operators to close or shift production facilities offshore, while remaining industry operators have consolidated their operations.

Technological changes in the industry have focused on increasing operating efficiencies and product innovation, and have varied between different product segments... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Synthetic and Natural Textile Manufacturing Industry?

The industry consists of operators mainly engaged in wool scouring (including wool carbonising, carding or combing of wool in manufacturing unspun wool tops), spinning yarns or weaving fabrics wholly or predominantly made of natural fibres (such as cotton or wool), and spinning yarns or weaving fabrics wholly or predominantly made of synthetic fibres.

Industry Products
Synthetic textile manufacturingWool scouringNatural textile manufacturing
 
Industry Activities
Wool scouring Woven fabric - cotton, wool, synthetic fibreFibres (excluding glass fibres)Synthetic and natural yarnContinuous fibre filamentTyre cord yarns or fabrics and synthetic fibreCotton and sewing threadsTow (from flax, hemp or jute)Labels and printed cloth


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