| Product Code: ETC6192714 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Australia`s import trend for textile finishing agents experienced significant growth from 2023 to 2024, with a notable increase of 81.77%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 19.66%. This surge in imports can be attributed to a shifting demand towards higher-quality finishing agents, indicating a potential market stability in the textile industry during this period.
The textile finishing agents market in Australia is driven by the demand for high-quality fabrics with enhanced properties such as softness, water repellency, and stain resistance. Finishing agents are essential in achieving desired fabric characteristics while maintaining comfort and durability. The market is witnessing growth as manufacturers prioritize innovation to meet evolving consumer demands and environmental regulations. Green finishing agents and bio-based formulations are gaining traction in the market.
The demand for advanced textile finishing agents is growing in Australia, supported by the expansion of performance textiles and growing attention to fabric aesthetics, durability, and functionality. Agents that enhance UV resistance, anti-bacterial properties, and water repellency are gaining traction. Moreover, the focus on non-toxic and environmentally compliant formulations is encouraging R&D in sustainable finishing technologies.
One of the primary challenges in this market is the regulatory scrutiny over chemical formulations used in textile finishing due to potential environmental and health hazards. This has necessitated reformulation and the adoption of greener alternatives, which are not always cost-effective. Additionally, customer demand for multifunctional and high-performance textiles creates pressure on manufacturers to innovate continually. Limited R&D infrastructure and high production costs further slow down the development of competitive products in the local market.
Investing in R&D-driven companies developing eco-friendly and multifunctional finishing agents is a promising strategy in this space. Opportunities exist in product lines that cater to performance clothing, sportswear, and healthcare fabrics. Collaborations with textile manufacturers to integrate finishing technologies into sustainable production chains also present attractive avenues for investors.
Policies concerning chemical safety and environmental sustainability greatly impact this market. The AICIS regulates all chemicals used in textile finishing agents, requiring manufacturers to evaluate health and environmental risks. The government also supports R&D into bio-based finishing agents through innovation grants and industry-university collaborations. However, the cost and time required for compliance and certification can deter small enterprises from entering or expanding in this market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Textile Finishing Agents Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Textile Finishing Agents Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Textile Finishing Agents Market - Industry Life Cycle |
3.4 Australia Textile Finishing Agents Market - Porter's Five Forces |
3.5 Australia Textile Finishing Agents Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Australia Textile Finishing Agents Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Australia Textile Finishing Agents Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Australia Textile Finishing Agents Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable and eco-friendly textile finishing agents in Australia |
4.2.2 Growing textile industry in Australia, leading to higher demand for finishing agents |
4.2.3 Innovation in textile finishing technologies driving market growth |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the cost of textile finishing agents |
4.3.2 Stringent regulations and compliance requirements for textile chemicals in Australia |
5 Australia Textile Finishing Agents Market Trends |
6 Australia Textile Finishing Agents Market, By Types |
6.1 Australia Textile Finishing Agents Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Textile Finishing Agents Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Australia Textile Finishing Agents Market Revenues & Volume, By Aesthetic, 2021- 2031F |
6.1.4 Australia Textile Finishing Agents Market Revenues & Volume, By Functional, 2021- 2031F |
6.2 Australia Textile Finishing Agents Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Australia Textile Finishing Agents Market Revenues & Volume, By Water Repellant, 2021- 2031F |
6.2.3 Australia Textile Finishing Agents Market Revenues & Volume, By Flame Retardant, 2021- 2031F |
6.2.4 Australia Textile Finishing Agents Market Revenues & Volume, By Softeners, 2021- 2031F |
6.2.5 Australia Textile Finishing Agents Market Revenues & Volume, By Antibacterial & Antimicrobial, 2021- 2031F |
6.2.6 Australia Textile Finishing Agents Market Revenues & Volume, By Fragrance Agents, 2021- 2031F |
6.2.7 Australia Textile Finishing Agents Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Australia Textile Finishing Agents Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Australia Textile Finishing Agents Market Revenues & Volume, By Apparel, 2021- 2031F |
6.3.3 Australia Textile Finishing Agents Market Revenues & Volume, By Home Furnishing, 2021- 2031F |
6.3.4 Australia Textile Finishing Agents Market Revenues & Volume, By Technical Textiles, 2021- 2031F |
6.3.5 Australia Textile Finishing Agents Market Revenues & Volume, By Others, 2021- 2031F |
7 Australia Textile Finishing Agents Market Import-Export Trade Statistics |
7.1 Australia Textile Finishing Agents Market Export to Major Countries |
7.2 Australia Textile Finishing Agents Market Imports from Major Countries |
8 Australia Textile Finishing Agents Market Key Performance Indicators |
8.1 Adoption rate of eco-friendly textile finishing agents in the Australian market |
8.2 Investment in research and development for new textile finishing technologies |
8.3 Compliance rate with environmental regulations in the textile finishing industry in Australia |
9 Australia Textile Finishing Agents Market - Opportunity Assessment |
9.1 Australia Textile Finishing Agents Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Australia Textile Finishing Agents Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Australia Textile Finishing Agents Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Australia Textile Finishing Agents Market - Competitive Landscape |
10.1 Australia Textile Finishing Agents Market Revenue Share, By Companies, 2024 |
10.2 Australia Textile Finishing Agents Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |