Cut and Sewn Textile Product Manufacturing in Australia - Market Research Report (2013-2028)
Melbourne, Australia
Last Updated: July 2023
ANZSIC C1333Revenue
$2.3bn
Past 5-Year Growth
Profit
$XXX.Xm
Employees
7,783
Businesses
1,452
Wages
$XXX.Xm
Cut and Sewn Textile Product Manufacturing in Australia industry analysis
Imports have increased steadily as a share of domestic demand, taking market share from local manufacturers and forcing many companies to exit the industry. Growing real household discretionary income has softened declining industry performance, as improved demand conditions have allowed many firms to increase prices without affecting demand. Consequently, industry revenue is expected to decline at an annualised 0.4% over the five years through 2023-24 to $2.33 billion. This trend includes an anticipated 3.3% drop in the current year as inflationary pressures following the COVID-19 pandemic's economic impacts tighten consumer home renovation budgets.The effects of rising import competition have varied across product segments. Manufacturers primarily producing low-cost finished products, like blankets, towels and bed linen, have faced strong price-based competition from imports. However, demand for high-quality niche products has grown over the period. Premium products, like blinds and awnings, are resilient against low-cost import competition. These manufacturers have benefited from increased government stimulus as well as from the effects of pandemic-related lockdowns, which have boosted consumer spending on home improvements and increased demand without lowering prices. Further, demand for more niche technical textile goods, which include coated fabrics used in agriculture, has been strong. However, rising purchase costs have contributed to a marginal drop in industry profitability. Many firms have responded by increasing investment in automation, leading to wages falling in real terms and as a share of revenue.Imports – and the accompanying competition – are forecast to grow as a share of domestic demand over the next five years. This trend is projected to contribute to further declines in enterprise numbers as smaller-scale manufacturers struggle to compete with low-cost imports. However, remaining manufacturers will likely focus on niche products or higher value-added textile goods less vulnerable to low-cost import competition. Industry revenue is forecast to decline at an annualised 0.4% over the five years through 2028-29 to $2.28 billion.
Trends and Insights
- Low-cost import competition has constrained the revenue of the Cut and Sewn Textile Product Manufacturing industry. This trend has forced firms to focus on automation and niche products to remain competitive.
- The increasing threat of low-cost imports has led domestic manufacturers to produce premium products to differentiate themselves. Export demand for these premium products has risen slightly, but an appreciating Australian dollar has inhibited this growth.
- New South Wales, Victoria and Queensland house the majority of industry establishments in Australia. Firms’ location is primarily driven by their requirements for proximity to consumer markets and an abundant labour supply sources.
- Market share concentration remains low as industry players focus on single product segments. A key growth strategy is acquiring competitors with specialized offerings to secure a larger market share.
Industry Overview
Market size and recent performance (2013-2028)
Industry revenue has declined at a CAGR of 0.4 % over the past five years, to reach an estimated $2.3bn in 2023.
Trends and Insights
Domestic manufacturers struggle to compete against low-cost imports
- The industry's downwards trend is heavily driven by low-priced overseas manufacturers taking market share from domestic manufacturers.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to decline over the next five years.
Trends and Insights
Low-cost import penetration drives domestic manufacturers to continue to shift to produce premium products
- To reduce vulnerability to import competition, the Cut and Sewn, Textile Product Manufacturing industry will likely continue focusing on producing specialised, value-added products.
Biggest companies in the Cut and Sewn Textile Product Manufacturing in Australia
| Company | Market Share (%)
2024 | Revenue ($m)
2024 |
|---|---|---|
Hunter Douglas | 198.7 | |
Gale Pacific | 116.5 |
To view the market share and analysis for all 2 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Textile blinds and awnings, Indoor textile furnishing articles and Textile tarpaulins, sails and tents. Textile blinds and awnings is the largest segment of the Cut and Sewn Textile Product Manufacturing in Australia.
Trends and Insights
Inflationary pressures deter consumers from purchasing textile blinds and awnings
- The textile blinds and awnings segment includes canvas, knitted, woven, plastic-coated, and other fabric blinds, awnings and window coverings.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- There are no industries to display.
Complementors
- Carpet and Textile Floor Covering Manufacturing in Australia
- Natural Rubber Product Manufacturing in Australia
- Household Appliance Manufacturing in Australia
- Leather and Leather Substitute Product Manufacturing in Australia
International industries
- Textile Mills in the US
- Commercial Embroidery Services in the US
- Textile Mills in Canada
- Household Textile & Soft Furnishing Manufacturing in the UK
Table of Contents
About this industry
Industry definition
Industry manufacturers primarily produce household textile goods (except apparel), such as bed linen, curtains, towels and pillows. Industry manufacturers also make 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 materials, or from fabrics, fibres and materials woven and manufactured at the same facility.
What's included in this industry?
Textile blinds and awningsIndoor textile furnishing articlesTextile tarpaulins, sails and tentsTowels, cloths and other textile productsCompanies
Hunter DouglasGale PacificPurchase this report to view all 2 major companies in this industry.
Related Terms
REVENGE SPENDINGTARPAULINOFFSHOREIndustry Code
ANZSIC 1333 - Cut and Sewn Textile Product Manufacturing in Australia
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Low-cost import competition has constrained the revenue of the Cut and Sewn Textile Product Manufacturing industry. This trend has forced firms to focus on automation and nic...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2013-2022) and forecast (2023-2028)
- Employees, including historical (2013-2022) and forecast (2023-2028)
- Businesses, including historical (2013-2022) and forecast (2023-2028)
- Profit, including historical (2013-2023)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
The increasing threat of low-cost imports has led domestic manufacturers to produce premium products to differentiate themselves. Export demand for these premium products has...
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2023
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2023
- Major market segmentation in 2023
- International trade, including imports by country and exports by country
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
New South Wales, Victoria and Queensland house the majority of industry establishments in Australia. Firms’ location is primarily driven by their requirements for proximity t...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2023
Tables
- Number and share of establishments in each region in 2023
- Number and share of revenue each region accounts for in 2023
- Number and share of wages each region accounts for in 2023
- Number and share of employees in each region in 2023
Detailed analysis
- Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Market share concentration remains low as industry players focus on single product segments. A key growth strategy is acquiring competitors with specialized offerings to secu...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2018-2023
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
High import penetration has driven enterprise numbers to fall, with most companies either offshoring manufacturing to remain competitive or exiting altogether. Some companies...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2019 through 2023
- Major companies in the industry, including market share, revenue, profit and profit margin in 2023
- Overview of Hunter Douglas's performance by revenue, market share and profit margin from 2017 through 2023
- Overview of Gale Pacific's performance by revenue, market share and profit margin from 2017 through 2023
Detailed analysis
- Description and key data for Hunter Douglas, and factors influencing its performance in the industry
- Description and key data for Gale Pacific, and factors influencing its performance in the industry
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Industry assistance is decreasing as the Federal Government moves towards free trade policies. Reduced tariffs on import products will diminish the competitiveness of domesti...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2013-2028)
- Assistance historical data and forecast (2013-2028)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Profit margins are shrinking due to heightened purchase costs. However, the pace of profit margin reduction has been slightly tempered by a boost in demand from home improvem...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2023
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2023
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2013-2028)
- Revenue per Employee (2013-2028)
- Revenue per Enterprise (2013-2028)
- Employees per Establishment (2013-2028)
- Employees per Enterprise (2013-2028)
- Average Wage (2013-2028)
- Wages/Revenue (2013-2028)
- Establishments per Enterprise (2013-2028)
- IVA/Revenue (2013-2028)
- Imports/Demand (2013-2028)
- Exports/Revenue (2013-2028)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2013-2028)
- IVA (2013-2028)
- Establishments (2013-2028)
- Enterprises (2013-2028)
- Employment (2013-2028)
- Exports (2013-2028)
- Imports (2013-2028)
- Wages (2013-2028)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Australia include:
- Australian Bureau of Statistics
- Australian Taxation Office
- Australian Securities & Investments Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Cut and Sewn Textile Product Manufacturing industry in Australia in 2024?
The market size of the Cut and Sewn Textile Product Manufacturing industry in Australia is $2.3bn in 2024.
How many businesses are there in the Cut and Sewn Textile Product Manufacturing in Australia industry in 2023?
There are 1,452 businesses in the Cut and Sewn Textile Product Manufacturing industry in Australia, which has declined at a CAGR of 2.5 % between 2018 and 2023.
Has the Cut and Sewn Textile Product Manufacturing industry in Australia grown or declined over the past 5 years?
The market size of the Cut and Sewn Textile Product Manufacturing industry in Australia has been declining at a CAGR of 0.4 % between 2018 and 2023.
What is the forecast growth of the Cut and Sewn Textile Product Manufacturing industry in Australia over the next 5 years?
Over the next five years, the Cut and Sewn Textile Product Manufacturing industry in Australia is expected to decline.
What are the biggest companies in the Cut and Sewn Textile Product Manufacturing market in Australia?
The biggest companies operating in the Cut and Sewn Textile Product Manufacturing market in Australia are Hunter Douglas and Gale Pacific
What does the Cut and Sewn Textile Product Manufacturing in Australia include?
Textile blinds and awnings and Indoor textile furnishing articles are part of the Cut and Sewn Textile Product Manufacturing industry.
Which companies have the highest market share in the Cut and Sewn Textile Product Manufacturing in Australia?
The company holding the most market share in Australia is Hunter Douglas.
How competitive is the Cut and Sewn Textile Product Manufacturing industry in Australia?
The level of competition is moderate and increasing in the Cut and Sewn Textile Product Manufacturing industry in Australia.
