Fraying at the edges: Falling business numbers and high import levels have reduced revenue

The Cut and Sewn Textile Product Manufacturing industry manufactures a range of household and commercial textile goods for downstream sectors. Products made by the industry include curtains, linen, sails, tarpaulins, tents, towels and other textile products. Despite domestic demand growth for textile products, industry revenue is expected to decline at an annualised 0.9% over the five years through 2017-18. The influx of low-cost import substitutes has drawn demand away from domestically produced textile products. Tariff reductions on textile products in 2014-15 further fuelled this trend. In response, many textile product manufacturers have either reorganised operations or ceased manufacturing altogether. Imports are expected to account for more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23
Market Share of Companies

Industry Threats & Opportunities

  • Industry operators have increasingly offshored their manufacturing functions
  • Several larger companies have shifted some or all of their local manufacturing operations offshore
  • Potential growth impediments include skilled-labour shortages and inadequate industry investment
  • Industry Report - Industry Key Buyers Chapter

    The industry is characterised by low market share concentration due to the small number of large and mid-size companies in the industry and low revenue generated by these companies each year. The four largest firms in the industry are estimated to account for less than 15% of total industry revenue in 2017-18. Many larger manufacturers produce high quantities of low- to mid-range textile products, which are particularly sensitive to price competition. In the face of surging low-priced import substitutes, many of these larger firms have offshored manufacturing functions to obtain lower production costs. As a result, industry concentration has decreased over the past five years. Thi...purchase to read more.

    Additional Insights for the Cut and Sewn Textile Product Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Cut and Sewn Textile Product Manufacturing Industry are

  • Having contacts within key markets
  • Automation - reduces costs, particularly those associated with labour
  • Production of premium goods/services
  • IBISWorld analysts also discuss how external factors such as Value of merchandise trade imports and Demand from textile product wholesaling in the Cut and Sewn Textile Product Manufacturing industry impact industry performance..

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    What's in this report

    What is the Cut and Sewn Textile Product Manufacturing Industry?

    The industry consists of companies that manufacture household textile goods (except apparel), such as bed linen, curtains, towels and pillows. Other products manufactured include blinds, tents, awnings, sails, and tarpaulins; and other goods produced from natural or synthetic fibres. These products can be manufactured from purchased cut and sewn fabrics, fibres and materials; or from fabrics, fibres and materials woven and manufactured at the same facility.

    Industry Products
  • Indoor textile furnishing articles
  • Textile tarpaulins, sails and tents
  • Textile blinds and awnings
  • Towels and cloths
  • Other textile products
  • Industry Activities
  • Cotton, woollen, synthetic fibre and textile soft furnishing
  • Bed linen, towel, mattress protector, cushion, pillow and other household textile goods
  • Curtain, awning, shades and blind, textile, (including plastic coated)
  • Canvas, hose, parachute, sail, sleeping bag and tent (except oxygen tents or toy tents)
  • Bag and sack, textile or canvas,
  • Flag and banner
  • Animal blanket, cover and rug
  • Life jacket
  • Motor vehicle cover and seat cover (except sheepskin), textile,
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Value of merchandise trade imports
  • Demand from textile product wholesaling
  • Dwelling commencements
  • Import duties on apparel manufacturing
  • Real household discretionary income
  • Demand from sport and camping equipment retailing

  • Current Performance
  • Revenue and profit changes
  • International trade
  • Industry issues
  • Chart: Revenue Growth

  • Industry Outlook
  • Participation and profit
  • International trade
  • Future developments and conditions
  • Table: Cut and Sewn Textile Product Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Cut and Sewn Textile Product Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Textile Product Wholesaling
  • Department Stores
  • Manchester Retailing

  • Key Selling Industries
  • Synthetic and Natural Textile Manufacturing
  • Textile Product Wholesaling

  • Products & Services
  • Indoor textile furnishing articles
  • Textile tarpaulins, sails and tents
  • Textile blinds and awnings
  • Other textile products
  • Towels and cloths
  • Chart: Cut and Sewn Textile Product Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Households and final consumers
  • Hospitality and medical sectors
  • Other sectors
  • Exports
  • Chart: Major Market Segmentation for the Cut and Sewn Textile Product Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Cut and Sewn Textile Product Manufacturing

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Cut and Sewn Textile Product Manufacturing Industry

  • Industry Globalization
    Hunter Douglas Holdings Limited,
  • Table: Hunter Douglas Holdings Limited - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Cut and Sewn Textile Product Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Cut and Sewn Textile Product Manufacturing Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
  • The transfer of manufacturing operations to another country, regardless of whether the work is outsourced or stays within the company.
  • Outsourcing
  • A subcontracting process where manufacturing is conducted by a third-party company either locally or internationally.
  • Tcf Industries
  • Textile, clothing and footwear industries.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Cut and Sewn Textile Product 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.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Cut and Sewn Textile Product Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Cut and Sewn Textile Product Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Cut and Sewn Textile Product Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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