Mobile Menu

Wool Scouring in New Zealand - Market Research Report (2015-2030)

Michael Doyle Michael Doyle Melbourne, Australia Last Updated: January 2025 ANZSIC C1311NZ

Revenue

$301.5m

2025-26

$297.9m

Past 5-Year Growth

Profit

$XX.Xm

Employees

212

Businesses

21

Wages

$XX.Xm

Wool Scouring in New Zealand industry analysis

Several factors have negatively impacted the Wool Scouring industry over recent years. Wool prices have fallen, global demand has slumped and competition from inexpensive synthetic alternatives has intensified. Over the past five years, domestic and export wool prices have declined in real terms, reducing commissions for wool scourers and discouraging wool production, which lowers demand for wool scouring. Tensions between China and the United States have slowed China's textile manufacturing sector, decreasing China's wool purchases from New Zealand and reducing wool scouring demand. The reduction in New Zealand's sheep population as land shifts from grassland farming to forestry has lowered wool supply and activity for scourers. The industry saw revenue climb when wool grease was used in COVID-19 vaccine production, which temporarily widened profit margins. However, as vaccine demand decreases, this revenue stream has dwindled, causing profitability to recede, although it remains above pre-pandemic levels. Overall, revenue is expected to have fallen at an annualised 3.7% over the five years through 2024-25, to $301.5 million. This trend includes an anticipated 2.6% drop in 2024-25.

Trends and Insights

  • Falling wool prices have harmed the Wool Scouring industry's earnings. Decreased global demand and intense competition from synthetic alternatives have lowered wool prices, reducing commission-based scourers’ incomes and discouraging farmers from shearing wool.
  • Consumers’ preference for high-quality fine wool has bolstered fine wool sales. Fine merino wool, primarily used to make premium clothing, commands high prices and has seen resilient domestic and international demand, which has expanded its revenue share.
  • Wool scourers are typically concentrated around major ports. Regions like Canterbury, Wellington and Auckland act as wool scouring hubs for sheep farmers in surrounding regions, as wool scouring is generally performed just before shipping.
  • WoolWorks dominates the New Zealand wool scouring market, as it’s the industry’s sole commission-based wool scourer. Benefiting from economies of scale, WoolWorks achieves high capacity utilisation and maintains low production costs, making it challenging for new entrants to compete.

Access hundreds of analysis and data

  • Market estimates from 2015-2030
  • Critical performance data and rankings
  • Detailed analysis of competitive forces and the external environment
  • PDF report or online database with Word, Excel and PowerPoint export options
  • 100% money back guarantee

Industry Statistics and Trends

Market size and recent performance (2015-2030)

Industry revenue has declined at a CAGR of 3.7 % over the past five years, to reach an estimated $301.5m in 2025.

Trends and Insights

Falling wool prices have lowered activity and commission for wool scourers

  • Wool prices directly affect wool scourers’ earnings. When prices drop, commission-based scourers see their income fall, whereas rising wool prices boost revenue opportunities.
  • Additional trends and insights available with purchase
Wool Scouring in New Zealand
Revenue (2015-2030)
IBISWorld Logo Source: IBISWorld

Industry outlook (2025-2030)

Market size is projected to decline over the next five years.

Trends and Insights

Wool scourers will focus heavily on sustainability

  • WoolWorks is investing in reducing its carbon footprint, aiming to enhance the sustainability of New Zealand wool production. The company has already electrified its Timaru site to eliminate coal use and will continue to strive for improved sustainability.

Biggest companies in the Wool Scouring in New Zealand

Company
Market Share (%)
2025
Revenue ($m)
2025
NZ Wool Scouring
200.1

To view the market share and analysis for all 1 top companies in this industry, view purchase options.

Products & Services Segmentation

Wool Scouring in New Zealand
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Strong wool, Fine crossbred wool and Medium wool. Strong wool is the largest segment of the Wool Scouring in New Zealand.

Trends and Insights

Demand for wool carpets has bolstered strong wool sales

  • Strong wool has the thickest fibres, with most fibres being greater than 35.4 microns in diameter.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

Operators primarily scour wool, which includes carbonising, carding and combing wool. Wool wax and grease production are also included in the industry.

What's included in this industry?

Strong woolFine crossbred woolMedium woolFine wool and other wool-based products

Companies

NZ Wool Scouring

Purchase this report to view all 1 major companies in this industry.

Related Terms

GREASY WOOLLANOLINWOOL TOPS

Industry Code

ANZSIC 2006

ANZSIC 1311 - Wool Scouring in New Zealand

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

Falling wool prices have harmed the Wool Scouring industry's earnings. Decreased global demand and intense competition from synthetic alternatives have lowered wool prices, r...

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2015-2024) and forecast (2025-2030)
  • Employees, including historical (2015-2024) and forecast (2025-2030)
  • Businesses, including historical (2015-2024) and forecast (2025-2030)
  • Profit, including historical (2015-2025)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Key success factors for businesses to overcome volatility
  • How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

Consumers’ preference for high-quality fine wool has bolstered fine wool sales. Fine merino wool, primarily used to make premium clothing, commands high prices and has seen r...

In this chapter

  • Products & Services
  • Major Markets
  • International Trade

Key metrics

  • Largest market segment and value in 2025
  • Product innovation level
  • Total imports, level and trend
  • Total exports, level and trend
  • Trade Balance

Charts

  • Products & services segmentation in 2025
  • Major market segmentation in 2025
  • International trade, including imports by country and exports by country

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services
  • Recent trends in import and export volumes, country of origin or destination, and expected future trends

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

Wool scourers are typically concentrated around major ports. Regions like Canterbury, Wellington and Auckland act as wool scouring hubs for sheep farmers in surrounding regio...

In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each region
  • Share of population compared to establishments in each region in 2025

Tables

  • Number and share of establishments in each region in 2025
  • Number and share of revenue each region accounts for in 2025
  • Number and share of wages each region accounts for in 2025
  • Number and share of employees in each region in 2025

Detailed analysis

  • Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
  • Key success factors for businesses to use location to their advantage

Competitive Forces

Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.

Analyst insights

WoolWorks dominates the New Zealand wool scouring market, as it’s the industry’s sole commission-based wool scourer. Benefiting from economies of scale, WoolWorks achieves hi...

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2020-2025
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

Detailed analysis

  • Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
  • Key success factors for businesses to manage the competitive environment of the industry.
  • Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
  • Key success factors for potential entrants to overcome barriers to entry.
  • Competitive threats from potential substitutes for the industry’s own products and services.
  • Key success factors for how successful businesses can compete with substitutes.
  • Advantages that buyers have to keep favorable purchasing conditions.
  • Advantages that suppliers have to maintain favorable selling conditions.
  • Key success factors for how businesses can navigate buyer and supplier power.

Companies

Learn about the performance of the top companies in the industry.

Analyst insights

WoolWorks holds a dominant position as the only commission-based wool scourer in New Zealand. Operating three facilities, it achieves economies of scale with its near-monopol...

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2021 through 2025
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2025
  • Overview of NZ Wool Scouring's performance by revenue, market share and profit margin from 2019 through 2025

Detailed analysis

  • Description and key data for NZ Wool Scouring, and factors influencing its performance in the industry

External Environment

Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

Analyst insights

Wool production is a crucial driver for the Wool Scouring industry. Increased greasy wool production boosts the supply available for scouring, presenting potential revenue gr...

In this chapter

  • External Drivers
  • Regulation & Policy
  • Assistance

Key metrics

  • Regulation & policy level and trend
  • Assistance level and trend

Charts

  • Regulation & Policy historical data and forecast (2015-2030) 
  • Assistance historical data and forecast (2015-2030) 

Detailed analysis

  • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
  • Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
  • Key governmental and non-governmental groups or policies that may provide some relief for industry operators.

Financial Benchmarks

View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

Analyst insights

Wages in the Wool Scoring industry have climbed. A rise in employment numbers, spurred by WoolWorks' investment in employee training and recruitment, has boosted wages as a s...

In this chapter

  • Cost Structure
  • Financial Ratios
  • Key Ratios

Key metrics

  • Profit margin, and how it compares to the sector-wide margin
  • Average wages, and how it compares to the sector-wide average wage
  • Largest cost component as a percentage of revenue
  • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

Charts

  • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
  • Investment vs. share of economy

Data tables

  • Cash Flow & Debt Service Ratios (2015-2030)
  • Revenue per Employee (2015-2030)
  • Revenue per Enterprise (2015-2030)
  • Employees per Establishment (2015-2030)
  • Employees per Enterprise (2015-2030)
  • Average Wage (2015-2030)
  • Wages/Revenue (2015-2030)
  • Establishments per Enterprise (2015-2030)
  • IVA/Revenue (2015-2030)
  • Imports/Demand (2015-2030)
  • Exports/Revenue (2015-2030)

Detailed analysis

  • Trends in the cost component for industry operators and their impact on industry costs and profitability 

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2015-2030)
  • IVA (2015-2030)
  • Establishments (2015-2030)
  • Enterprises (2015-2030)
  • Employment (2015-2030)
  • Exports (2015-2030)
  • Imports (2015-2030)
  • Wages (2015-2030)

Top Questions Answered

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Wool Scouring industry in New Zealand in 2025?

The market size of the Wool Scouring industry in New Zealand is $301.5m in 2025.

How many businesses are there in the Wool Scouring in New Zealand industry in 2025?

There are 21 businesses in the Wool Scouring industry in New Zealand, which has grown at a CAGR of 7.0 % between 2020 and 2025.

Has the Wool Scouring industry in New Zealand grown or declined over the past 5 years?

The market size of the Wool Scouring industry in New Zealand has been declining at a CAGR of 3.7 % between 2020 and 2025.

What is the forecast growth of the Wool Scouring industry in New Zealand over the next 5 years?

Over the next five years, the Wool Scouring industry in New Zealand is expected to decline.

What are the biggest companies in the Wool Scouring market in New Zealand?

The biggest company operating in the Wool Scouring market in New Zealand is NZ Wool Scouring

What does the Wool Scouring in New Zealand include?

Strong wool and Fine crossbred wool are part of the Wool Scouring industry.

Which companies have the highest market share in the Wool Scouring in New Zealand?

The company holding the most market share in New Zealand is NZ Wool Scouring.

How competitive is the Wool Scouring industry in New Zealand?

The level of competition is moderate and steady in the Wool Scouring industry in New Zealand.

Related Industries

Widen your competitive advantage with related industries

Competitors

  • There are no industries to display.

View all industries in New Zealand

Methodology

How are IBISWorld reports created?

IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.

Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.

IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

What data sources do IBISWorld analysts use?

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

Key data sources in New Zealand include:

  • Statistics New Zealand
  • New Zealand Company Register
  • Ministry of Business, Innovation & Employment

Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

These sources include:

  • Industry and trade associations
  • Industry federations or regulators
  • Major industry players annual or quarterly filings

Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

How does IBISWorld forecast its data?

IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.

Learn more about our methodology and data sourcing on the Help Center.