Industry Report - Industry Key Buyers Chapter
The Wool Wholesaling industry displays low market share concentration. The industry's four largest players account for less than 40% of total industry revenue. The majority of industry participants are small, independent or family-owned businesses, rather than major corporations such as Agrium, the industry's largest player. Over half of industry participants do not employ any staff, relying instead on family members to carry out labour functions.The industry is highly fragmented due to the many different stages along the supply chain wholesalers can be required. Wool producers can sell wool directly to mills, pool produce between themselves, or if they do sell on to wholesalers, these wholesalers may be vertically integrated with international milling and textile companies. Thi...purchase to read more.
Additional Insights for the
Wool Wholesaling
Industry
IBISWorld has determined the most important Key Success Factors for the Wool Wholesaling are:
Output is sold under contract - incorporate long-term sales contracts Having contacts within key markets Ability to effectively manage risk
IBISWorld analysts also discuss how external factors such as Wool production and Domestic price of lamb in the Wool Wholesaling industry impact industry performance..
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