The Wool Wholesaling industry has endured significant volatility over the past five years. Varying weather conditions influenced domestic production, and increased market penetration of synthetic fibre alternatives affected demand for wool. The industry has also contended with mismatches between global wool production and demand. Revenue jumped in 2010-11 due to a spike in domestic wool prices, only to plummet in 2012-13 due to falling wool prices. Over the five years through 2014-15, industry revenue is projected to post 2.8% annualised growth, to reach $3.6 billion. This includes 1.3% growth forecast for 2014-15.
The industry consists of businesses that purchase and sell wool. Additionally, businesses may provide wool reclassing or bulk classing services.
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.
