Market Trends of Australia Home Textiles Industry
This section covers the major market trends shaping the Australia Home Textiles Market according to our research experts:
Home Textile Trade from Australia is Increasing
There has been a rise in the trade of Australian Home Textiles including bed linen, kitchen linen, toilet linen, and other textile materials. With rising volumes of the country due to rising demand for home textiles in the nation. The major export market for Australia is New Zealand and Singapore. The export trend has been increasing over the past three years. With 17.68 bn AUD as annual revenue for the furniture, floor covering, houseware, and textile goods retail industry in Australia for the recent year.
E-commerce Sales of Home Textiles is Increasing Textile Products Sales in Australia.
The online home textile market of Australia is observing changes as more and more vendors are selling textiles online. Also, various offline retailers are emerging to sell textiles online as they see this as an opportunity while consumers are searching for products online. The trend will likely support revenue growth in the market. Growing households and consumer spending are further expected to add to the growth in the market. Also, there has been surging demand for linen textile products in the market as it is more sustainable and biodegradable. Y-O-Y sales growth of the E-commerce industry in Australia for the recent year stands at more than 12 % for the fashion industry which is a part of textile and is going to observe further increase in the future. Which makes it stand in the second position for Y-O-Y growth after sales from a variety of stores in E-commerce.
