The market is dominated by domestic suppliers, as imports account for 43.9% of total market size in 2023. B2B drives market demand, with B2B spending representing 49.2% of total demand in 2023. Australia has the ninth largest market size for machinery for textile and apparel production across the top 20 developed countries, with demand reaching USD863 million in 2023. Modra Technology Pty Ltd is the largest company in Australia, generating 0.5% of the industry’s total production value in 2023. The industry is fragmented, with the top three companies generating 1.1% of total production value in 2023. The total number of companies increases in 2023, to 168 units. The costs of the industry increase by 1.5% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 14.2% of production value in 2023, the fifth highest across the top 20 developed countries. The industry’s exports share increases in 2023 to 4.9% of total production output. With production value of USD377 million, Australia accounts for 80.8% of the Australasia total in 2023.
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This Euromonitor industrial report provides unique information on Machinery for Textile and Apparel Production in Australia: ISIC 2926. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Machinery for Textile and Apparel Production in Australia: ISIC 2926 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of general purpose machinery and special purpose machinery.
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