Australia Textile Market Size & Outlook, 2021-2030
Australia textile market, 2017-2030 (US$M)
Related Markets
Australia textile market highlights
- The Australia textile market generated a revenue of USD 64,824.4 million in 2021 and is expected to reach USD 160,385.0 million by 2030.
- The Australia market is expected to grow at a CAGR of 10.6% from 2022 to 2030.
- In terms of segment, fashion was the largest revenue generating application in 2021.
- Fashion is the most lucrative application segment registering the fastest growth during the forecast period.
Textile market data book summary
| Market revenue in 2021 | USD 64,824.4 million |
| Market revenue in 2030 | USD 160,385.0 million |
| Growth rate | 10.6% (CAGR from 2021 to 2030) |
| Largest segment | Fashion |
| Fastest growing segment | Fashion |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Household, Technical, Fashion |
| Key market players worldwide | INVISTA, BSL-BIOSERVICE Scientific Laboratories GmbH, Lu Thai Textile, Paramount Global Class A, Companhia De Saneamento Basico Do Estado De Sao Paulo ADR, DBL Group, Lumière e i suoi fratelli, Li & Fung, Solvay SA |
Other key industry trends
- In terms of revenue, Australia accounted for 4.2% of the global textile market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China textile market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 301,004.3 million by 2030.
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Textile Market Scope
Textile Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia textile market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to textile market will help companies and investors design strategic landscapes.
Fashion was the largest segment with a revenue share of 76.71% in 2021. Horizon Databook has segmented the Australia textile market based on household, technical, fashion covering the revenue growth of each sub-segment from 2017 to 2030.
Australia is among the top fashion, textile, and apparel markets. Substantial R&D investments, advanced technologies, and modern fashion brands are characteristics of the Australian textile market. Royal Melbourne Institute of Technology developing fire-resistant textile technologies and denim dyeing projects for sustainability is a prominent example showcasing the innovation and diversity of the Australian textile market.
China, India, Bangladesh, and other Asian and European countries are major textile and apparel suppliers to Australia. In June 2017, the Department of Foreign Affairs and Trade, Australia signed a MoU with the Indian Ministry of Textile to cooperate in its textile, clothing, and fashion industries.
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Target buyers of Australia textile market databook
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Our clientele includes a mix of textile market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia textile market, including forecasts for subscribers. This country databook contains high-level insights into Australia textile market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Australia textile market size, by application, 2017-2030 (US$M)
Australia Textile Market Share, 2021 & 2030 (US$M)
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