Knitted Product Manufacturing in Australia - Market Research Report

Knitted Product Manufacturing industry trends (2014-2019)

poll Average industry growth 2014–2019: -7.3%

The Knitted Product Manufacturing industry has struggled against intense competition from international manufacturers over the past five years. In particular, Chinese imports have flooded the domestic market due to the country's low wage and capital costs, which have allowed Chinese manufacturers to lower prices. Australian manufacturers have been unable to compete with foreign companies, losing an increasing proportion of the domestic market to imports. Volatile consumer sentiment, which has caused many consumers to spend more cautiously, has exacerbated this effect over the past five years. As a result, industry revenue is expected to decline at an annualised 7.3% over the five years through 2018-19. Difficult trading conditions are expected to res...
lock
Purchase this report or a membership to unlock our full summary for this industry.

Knitted Product Manufacturing industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The Knitted Product Manufacturing industry is forecast to continue declining over the next five years. However, industry revenue declines are projected to slow as companies increase their focus on manufacturing for niche markets and creating boutique items. The industry is expected to undergo structural changes as it becomes increasingly fragmented. There is little room for major players in the industry, as successful brands will likely target small markets rather than appealing to a range of consumers. Retail conditions are forecast to improve over the next five-year period, which is anticipated to support industry operators. However, imports are forecast to continue increasing over the period, to account for the overwhelming majority of domestic de...
lock
Purchase this report or a membership to unlock our full summary for this industry.

Knitted Product Manufacturing industry statistics

  • attach_money Market Size: $97m
  • business Number of Businesses: 107
  • poll Average Industry Profit Margin: x.x%
    lock
    Purchase this report or a membership to unlock the average company profit margin for this industry.
  • supervisor_account Industry Employment: 408

Biggest companies in the Knitted Product Manufacturing industry

The Knitted Product Manufacturing in Australia industry has no companies with major market shares. Get the full report to find out why.

What is Knitted Product Manufacturing industry?

Industry Definition

The industry consists of operators mainly engaged in manufacturing knitted or crocheted fabrics, or knitted clothing including hosiery, cardigans, jackets and pullovers. Fabrics are sold to other manufacturers for further production. Finished clothing products are purchased by wholesalers and retailers who then resell these items to the final consumer.

Industry Products and Services

  • Knitted outerwear, jumpers and cardigans
  • Hosiery, pantyhose and socks
  • Knitted and crocheted fabrics
  • Other knitted products
  • All Others

Industry Activities

  • Knitted clothing and jacket manufacturing
  • Crocheted fabric manufacturing
  • Custom knitting of jumpers and cardigans
  • Hosiery and sock manufacturing
  • Knitted fabric manufacturing

Market research report - table of contents

Industry Definition

The industry consists of operators mainly engaged in manufacturing knitted or crocheted fabrics, or knitted clothing including hosiery, cardigans, jackets and pullovers. Fabrics are sold to other manufacturers for further production. Finished clothing products are purchased by wholesalers and retailers who then resell these items to the final consumer.

Main Activities

  • Knitted clothing and jacket manufacturing
  • Crocheted fabric manufacturing
  • Custom knitting of jumpers and cardigans
  • Hosiery and sock manufacturing
  • Knitted fabric manufacturing

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Demand for knitted products at the retail level directly affects industry revenue. Knitted products, such as jumpers, cardigans and socks, are sold to ret...
lock
Purchase this report or a membership to unlock the full breakdown of the key external drivers in this industry.
Demand from clothing retailing
Demand from department stores
Real household disposable income
Import duties on apparel manufacturing

Current Performance

Retail conditions
Employment regulation
 Chart: Revenue Growth

Industry Outlook

Structural shift
Improving conditions
 Table: Knitted Product Manufacturing in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Knitted Product Manufacturing in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Men's and Boys' Wear Manufacturing in Australia
Women's and Girls' Wear Manufacturing in Australia
Sleepwear, Underwear and Infant Clothing Manufacturing in Australia
Clothing Wholesaling in Australia
Department Stores in Australia
Clothing Retailing in Australia

Key Selling Industries

Synthetic and Natural Textile Manufacturing in Australia






Products & Services

Products manufactured by the industry include knitted outerwear, cardigans, jumpers, hosiery, pantyhose, socks and fabrics. Most industry players speciali...
Wholesalers
Clothing retailers
Department stores



Demand Determinants

Consumers typically spend more on apparel during periods of positive consumer sentiment and growth in household disposable income. Therefore, when downstr...
lock
Purchase this report or a membership to unlock the full analysis of the demand determinants in this industry.

Major Markets

Wholesalers
Clothing retailers
Department stores




 Chart: Major Market Segmentation for the Knitted Product Manufacturing in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Knitted Product Manufacturing industry is characterised by low market share concentration, with no player expected to account for more than 5.0% of in...
lock
Purchase this report or a membership to unlock the full analysis of the market share concentration in this industry.

Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Knitted Product Manufacturing in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Knitted Product Manufacturing in Australia - Market Research Report Industry

Industry Globalization

The Knitted Product Manufacturing in Australia industry has no major companies. Get the full report to find out why.

Capital Intensity

The Knitted Product Manufacturing industry exhibits low capital intensity. For every dollar spent on capital costs in the current year, an estimated $10.5...
lock
Purchase this report or a membership to unlock the full analysis of the capital intensity of this industry.
 Chart: Level of Capital Intensity for the Knitted Product Manufacturing in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Knitted Product Manufacturing in Australia Industry

Industry Revenue (2007-2025)
Industry Gross Product (2007-2025)
Establishments (2007-2025)
Businesses (2007-2025)
Employment (2007-2025)
Exports (2007-2025)
Imports (2007-2025)
Wages (2007-2025)
Domestic Demand (2007-2025)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

KNITTED FABRIC

MERINO WOOL

OFFSHORING

WOVEN FABRIC

Purchase to Read Full Report

100% Money Back Guarantee Digicert Trusted

Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Knitted Product Manufacturing industry?

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 Knitted Product Manufacturing in Australia:

  • 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 Knitted Product Manufacturing in Australia 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 Knitted Product Manufacturing in Australia, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

Trusted by More Than 10,000 Clients Around the World

  • IBISWorld client - VISA
  • IBISWorld client - ADP
  • IBISWorld client - Deloitte
  • IBISWorld client - AMEX
  • IBISWorld client - Bank of Montreal
clear