Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Base Year
Historical Year
Forecast Year
Value in AUD Billion
2024-2032
Australia Wool Market Outlook
*this image is indicative*
Based on type, the Australia wool market share is led by merino wool as they are suitable for performance garments and activewear due to its properties including odour-resistance and breathability.
Merino wool’s versatility allows it to be used in various applications, such as clothing, activewear, home textiles, and even technical products. This broad applicability supports market growth as manufacturers and designers innovate with Merino wool. Angora wool is often blended with other fibres to enhance the properties of the final product. These blends can improve durability, elasticity, and ease of care, making Angora wool more attractive to manufacturers and consumers.
The development of the wool market in Australia is propelled by innovations in fabric construction and the natural properties of wool, such as temperature regulation. Additionally, technologies like RFID tagging provide consumers with information about wool production methods, enhancing the traceability of the wool supply chain. Furthermore, to cater to consumer preferences, there is a rise in the development of new products featuring innovative blends and finishes. Sustainable farming practices, including regenerative agriculture, are being implemented to produce eco-friendly wool products. As per DAFF, In 2021-2022, 71.6 million sheep were shorn in Australia.
Australia Wool Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Source
Market Breakup by Application
Market Breakup by Region
The major share of interior textiles in the Australia wool market is driven by wool’s superior insulating properties, durability, aesthetic appeal, fire resistance, sustainability, health benefits, versatility, demand for high-end interiors, and technological innovations.
The Australia wool market is growing due to sustainable practices, innovative wool processing, increased traceability, fashion trends, health benefits, global expansion, educational campaigns, and adaptation to climate change in wool production.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us today for customized, data-driven solutions tailored to your unique requirements!
The market was valued at AUD 2.81 Billion in 2023.
The market is projected to grow at a CAGR of 2.55% between 2024 and 2032.
The revenue generated from the wool market is expected to reach AUD 3.52 Billion in 2032.
Based on the type, the wool market is bifurcated into mohair, angora, cashmere, Shetland, merino, and others.
Key players in the wool industry are Bendigo Woollen Mills Pty Ltd., Nundle Woollen Mill Pty Ltd., AJ & PA McBride Ltd., Swiss Australian Farm Holding Pty Ltd., Jumbuck Pastoral, and T.A. Field Estates Pty Limited, among others.
Based on source, the wool market is divided into camel, yak, sheep, alpacas, goats, and others.
Based on application, the wool market is divided into interior textiles and apparels.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
Report Features | Details |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Type |
|
Breakup by Source |
|
Breakup by Application |
|
Breakup by Region |
|
Market Dynamics |
|
Trade Data Analysis |
|
Competitive Landscape |
|
Companies Covered |
|
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Choose the right license for your needs and access rights.
Add the report to your cart with one click and proceed to register.
Choose a payment option for a secure checkout. You will be redirected accordingly.
Pricing Plans
One User
Five Users
Unlimited Users
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
We ensure that you get unmatchable competitive advantage by providing detailed insights about the existing market scenario as well as the emerging and high growth markets.
Regions and Countries with the Highest Number of Returning Clients
Projects delivered with customization
Projects involving industry specific expertise
Analysts Support
Corporates choose us as their preferred partner
Commitment to Excellence
Diverse Teams
Innovative Solutions
Client Centric Approach
Continuous Improvement
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-120-433-0800
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124