$2.9bn
$XX.Xm
5,478
1,216
$XXX.Xm
Textile product wholesalers connect domestic and foreign textile manufacturers with retailers and other organisations that use or sell textile products. That's why trends in downstream and upstream sectors have a pivotal impact on industry revenue. For example, the COVID-19 pandemic induced a short-term boom in home-related products, like textiles, at the retail level. Consumers spent more time at home and enjoyed higher disposable incomes through social assistance packages, prompting them to spend more on home textile products. Yet, declines in clothing and apparel manufacturing activity have diverted demand from a significant buying market, knocking back the progress of the retail sector. Industry revenue is expected to fall at an annualised 0.7% the over the five years through 2022-23 to $2.9 billion, when revenue is anticipated to dip 3.6%.The rising prevalence of wholesale bypass has been detrimental to the industry. Growing links among manufacturers and retailers to streamline supply chains and reduce operating expenses are phasing out the need for wholesalers. This has encouraged wholesalers to negotiate lower prices and more favourable contract terms with downstream markets to retain customers. The pandemic delivered a bright spot for wholesalers, as logistical delays and higher freight charges encouraged downstream retailers to deepen their reliance on domestic suppliers. This trend supported industry order volumes and profitability. Nonetheless, rising purchase costs have kept the wholesalers' bottom line slim and pushed several of them out of the industry.Wholesalers can anticipate a slight improvement in operating conditions, with revenue forecast to grow at an annualised 1.2% over the five years through 2027-28, to $3.1 billion. Growth in demand from manchester retailing, rising household disposable income, and a return to positive consumer sentiment are projected to boost industry revenue. Profitability will also improve textile product wholesalers' focus on premium and innovative goods. But the online shopping boom and an appreciating Australian dollar will likely encourage consumers to buy textile products online from overseas websites, intensifying competition from import markets.
Industry revenue has declined at a CAGR of 0.7 % over the past five years, to reach an estimated $2.9bn in 2023.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2023 | Revenue ($m)
2023 |
---|---|---|
Charles Parsons | 58.4 | |
Hanes Australasia | 29.2 |
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Industry revenue is measured across several distinct product and services lines, including Bed linen, blankets and quilts, Pillows and cushions and Towels and face washers. Bed linen, blankets and quilts is the largest segment of the Textile Product Wholesaling in Australia.
Bed linen, blankets and quilts orders have trekked higher
Industry wholesalers sell and redistribute textiles or textile products like bed linen, blankets, towels, yarns, fabrics, tents and other textile and canvas goods.
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ANZSIC 3711 - Textile Product Wholesaling in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
The industry’s downturn has been linked to the growing prevalence of wholesale bypass trends. Retailers and wholesalers have been internalising the wholesale function, divert...
Learn about an industry's products and services, markets and trends in international trade.
Textile product wholesalers onsell a range of textile products, including bed linen, towels, pillows and other fabrics. Demand from downstream and upstream industries determi...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Textile product wholesalers opt for locations with a high population and a strong presence of downstream retail markets. As a result, the eastern seaboard states house the la...
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.
A moderately competitive backdrop defines the industry. Textile product wholesalers compete against each other and with retailers that internalise their wholesale operations....
Learn about the performance of the top companies in the industry.
The textile Product Wholesaling industry has no major players. Wholesalers tend to imitate each other’s stock and discounts, limiting their chances to dominate.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Trends downstream have influenced revenue for textile product wholesalers. Consumers purchasing decisions hinge on disposable income, consumer sentiment and the broader econo...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Cost structures vary across the Textile Product Wholesaling industry, depending on the size of operations and the type of products sold. Larger industry wholesalers have subs...
Including values and annual change:
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Key data sources in Australia include:
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These sources include:
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The market size of the Textile Product Wholesaling industry in Australia is $2.9bn in 2024.
There are 1,216 businesses in the Textile Product Wholesaling industry in Australia, which has declined at a CAGR of 0.5 % between 2018 and 2023.
The market size of the Textile Product Wholesaling industry in Australia has been declining at a CAGR of 0.7 % between 2018 and 2023.
Over the next five years, the Textile Product Wholesaling industry in Australia is expected to grow.
The biggest companies operating in the Textile Product Wholesaling market in Australia are Charles Parsons and Hanes Australasia
Bed linen, blankets and quilts and Pillows and cushions are part of the Textile Product Wholesaling industry.
The company holding the most market share in Australia is Charles Parsons.
The level of competition is moderate and increasing in the Textile Product Wholesaling industry in Australia.