Industry Analysis & Industry Trends
The Textile Product Wholesaling industry purchases, sells and redistributes textile products to retailers, manufacturers and other organisations throughout the country. These products mainly include bed linen, blankets, doonas, pillows, towelling, curtains, blinds, rope and string. Textile product wholesalers provide the link between textile manufacturers (domestic and foreign) and retailers and other organisations that use or sell textile products.
The industry has stagnated over the past few years with declining profit margins, increased demand for discounted products from retailers and shrinking local textile and clothing manufacturing industries... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Textile Product Wholesaling industry is in the decline stage of its life cycle. Over the 10 years through 2018-19, the industry's contribution to the economy (industry value added) is expected to increase by an annual rate of 0.2%, a weak performance when compared with annualised GDP growth of 2.5%. This indicates that the industry is growing at a slower rate than the overall economy. Despite this, industry value added will improve marginally as textile wholesalers focus on more niche or high-end products and move away from basic, commodity-style textile wholesaling.
The absence of new products and significant technological developments is failing to produce a new cycle of growth... purchase to read more