The market is dominated by domestic suppliers, as imports account for 48.2% of total market size in 2023. Households drive market demand, with household spending representing 86.0% of total demand in 2023. Australia has the eighth largest market size for fur and fur articles across the top 20 developed countries, with demand reaching USD88.0 million in 2023. Akubra Hats Pty Ltd is the largest company in Australia, generating 25.7% of the industry’s total production value in 2023. The industry is fragmented, with the top two companies generating 40.6% of total production value in 2023. The total number of companies decreases in 2023, to 237 units. The costs of the industry decrease by 4.1% in 2023, largely driven by declining B2B costs. The industry’s profitability increases and stands at 12.8% of production value in 2023, the fifth highest across the top 20 developed countries. The industry’s exports share decreases in 2023 to 16.3% of total production output. With production value of USD40.0 million, Australia accounts for 76.7% of the Australasia total in 2023.
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This Euromonitor industrial report provides unique information on Fur and Fur Articles in Australia: ISIC 182. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Fur and Fur Articles in Australia: ISIC 182 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of cordage, rope, twine and netting, finishing of textiles, made-up textile articles, spinning of textile fibers; weaving of textiles, tanning and dressing of leather, and technical textiles, labels, badges and other textile products.
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