The Sleepwear, Underwear and Infant Clothing Manufacturing industry has consistently contracted over the past five years due to stringent international competition based on low wage costs and a high Australian dollar. The industry has declined by an annualised 6.4% over the five years through 2012-13 as trade tariffs were reduced and international competition intensified throughout textile manufacturing. Furthermore, the global financial crisis resulted in plummeting consumer sentiment, consumers focusing on savings rather than spending. Clothing retailing remains the key downstream market for the industry and falling retail demand has exacerbated industry declines.
Companies in this industry manufacture foundation garments, underwear, sleepwear or infant’s clothing. Specific products include brassieres, corsets, foundation garments and girdles.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.