Australia Home Furniture Market Size and Share Outlook: Forecast Trends and Growth Analysis Report (2025-2034)
Description
The Australia home furniture market consists of products including lamps and lighting furniture, kitchen furniture, bedroom furniture, living room and dining room furniture. Home furniture provides various benefits including functionality, comfort which comes with a sense of comfort, and an aesthetic look to the home.According to the Australia Bureau of Statistics, in 2023, the population change over the year in Victoria was around 2.7% whereas in South Australia it was around 1.7%. This indicates that Victoria witnessed the highest percentage of population change, thus, further contributing to the Australia home furniture market growth.The Australia home furniture market is enhanced by the increase in technological innovations, sustainable approaches, transformable furniture and smart technology-based furniture.Technological InnovationsAustralia home furniture market development is driven by the new technological innovation such as the Bed Sofa introduced by Koala that helps with sitting and sleeping benefits.Sustainable approachSustainability guides the Australia home furniture market as it helps in creating furniture which is environment friendly and helps in reducing the emission of harmful compounds.Transformable furnitureTransformable furniture is efficient in converting into compact form and possess space-saving capabilities. Moreover, they can be transformed from one form to another.Smart technology-based furnitureSmart furniture offers benefits including convenience to users as they are equipped with technologies that can track sleeping positions such as in the case of smart beds.October 2023Blu Dot chain has opened its showroom in Collingwood, Melbourne aiming to increase the Blu Dot market size in Australia.May 2023Laura Ashley has signed a partnership with Basford Brands to launch the signature prints on cushions, throws, and Manchester in Australia.July 2022IKEA Australia has launched the As-Is Online platform, to help customers to select their homewares, and furniture and then visit the As-Is Offline to purchase the selected products.May 2022To feature its sofas and mattresses, the Fantastic Furniture has launched a campaign via Connecting Plots & Bohemia.Australia Home Furniture Market TrendsAs per the Australia home furniture market report, the introduction of sustainable furniture helped in the creation of environment-friendly furniture that helps in reducing carbon emissions. Moreover, the transformable furniture also helps in space-saving thus helping users to host relatively larger number of guests."Australia Home Furniture Market Report and Forecast 2025-2034" offers a detailed analysis of the market based on the following segments:Market Breakup by Product Type
Lamps and Lighting Furniture
Bedroom Furniture
Kitchen Furniture
Living Room and Dining Room Furniture
Others
Market Breakup by Material Type
Wood
Metal
PlasticMarket Breakup by Price Range
Low
Medium
HighMarket Breakup by Distribution Channel
Supermarkets and Hypermarkets
Specialty Stores
Online Channels
Others
Market Breakup by Region
New South Wales
Victoria
Queensland
Australian Capital Territory
Western Australia
Others
Based on the product type, the Australia home furniture market is led by bedroom furnitureBedroom furniture is in high demand among individuals as it helps individuals to get better sleep on better-designed beds, and also gives an aesthetic look to their room after remodeling and renovations.Based on the material type, the Australia home furniture market share is led by woodWood is mostly the preferred material used in manufacturing furniture due to its various features including strength and durability of wood as compared to metals and plastics. Moreover, the wood possesses natural beauty and can be used in any kind of furniture.The Australia home furniture market growth is led by low-priceThe market growth is being significantly driven by the low-price range of home furniture as most individuals can afford the ones with economically low prices. The medium and high price ranges are not economically affordable for individuals.Speciality stores drives the Australia home furniture marketAustralia home furniture market growth is being driven by the increase in the number of speciality stores which are specially developed to offer the furniture. These speciality stores guide users to identify furniture with better quality, design and durability which is somewhere difficult to analyze in online purchasing.The Australia home furniture market competitiveness has increased due to technological innovations, sustainable approaches, transformable furniture and smart technology-based furniture.Lama Furniture AustraliaLama Furniture Australia, is a Campbellfield-based company. It is involved in the manufacturing of products such as lounge, sofa beds, accent chairs, ottomans, and upholstered beds.Design Furniture Co Pty LtdDesign Furniture Co Pty Ltd - founded in 1986 and based out of Holden Hill, South Australia is involved in designing upholstered furniture including chairs, beds, sofas and accessories.Australian Furniture Makers Pty LtdAustralian Furniture Makers Pty Ltd, is a Ballarat Victoria-based company. It designs products which are not imported and includes bedroom products such as WHITE RABBIT Single Bed, Bookworm High King Single & Single Trundle etc.King Furniture Australia Pty Ltd.King Furniture Australia Pty Ltd., was founded in 1977 and manufactures various furniture products including sofas, living room furniture, dining chairs, dining tables, bedroom beds etc.Other Australia home furniture market key players are Grazia and Co Pty Ltd among Others
.Australia Home Furniture Market Analysis by RegionAs per the Australia Bureau of Statistics, in January 2024, the household spending in Tasmania on furnishing was around 11.5% whereas it was around 0.6% in South Australia. This indicates that Tasmania holds a significantly larger potential in the industry.
Lamps and Lighting Furniture
Bedroom Furniture
Kitchen Furniture
Living Room and Dining Room Furniture
Others
Market Breakup by Material Type
Wood
Metal
PlasticMarket Breakup by Price Range
Low
Medium
HighMarket Breakup by Distribution Channel
Supermarkets and Hypermarkets
Specialty Stores
Online Channels
Others
Market Breakup by Region
New South Wales
Victoria
Queensland
Australian Capital Territory
Western Australia
Others
Based on the product type, the Australia home furniture market is led by bedroom furnitureBedroom furniture is in high demand among individuals as it helps individuals to get better sleep on better-designed beds, and also gives an aesthetic look to their room after remodeling and renovations.Based on the material type, the Australia home furniture market share is led by woodWood is mostly the preferred material used in manufacturing furniture due to its various features including strength and durability of wood as compared to metals and plastics. Moreover, the wood possesses natural beauty and can be used in any kind of furniture.The Australia home furniture market growth is led by low-priceThe market growth is being significantly driven by the low-price range of home furniture as most individuals can afford the ones with economically low prices. The medium and high price ranges are not economically affordable for individuals.Speciality stores drives the Australia home furniture marketAustralia home furniture market growth is being driven by the increase in the number of speciality stores which are specially developed to offer the furniture. These speciality stores guide users to identify furniture with better quality, design and durability which is somewhere difficult to analyze in online purchasing.The Australia home furniture market competitiveness has increased due to technological innovations, sustainable approaches, transformable furniture and smart technology-based furniture.Lama Furniture AustraliaLama Furniture Australia, is a Campbellfield-based company. It is involved in the manufacturing of products such as lounge, sofa beds, accent chairs, ottomans, and upholstered beds.Design Furniture Co Pty LtdDesign Furniture Co Pty Ltd - founded in 1986 and based out of Holden Hill, South Australia is involved in designing upholstered furniture including chairs, beds, sofas and accessories.Australian Furniture Makers Pty LtdAustralian Furniture Makers Pty Ltd, is a Ballarat Victoria-based company. It designs products which are not imported and includes bedroom products such as WHITE RABBIT Single Bed, Bookworm High King Single & Single Trundle etc.King Furniture Australia Pty Ltd.King Furniture Australia Pty Ltd., was founded in 1977 and manufactures various furniture products including sofas, living room furniture, dining chairs, dining tables, bedroom beds etc.Other Australia home furniture market key players are Grazia and Co Pty Ltd among Others
.Australia Home Furniture Market Analysis by RegionAs per the Australia Bureau of Statistics, in January 2024, the household spending in Tasmania on furnishing was around 11.5% whereas it was around 0.6% in South Australia. This indicates that Tasmania holds a significantly larger potential in the industry.
Table of Contents
103 Pages
- 1 Preface
- 2 Report Coverage – Key Segmentation and Scope
- 3 Report Description
- 3.1 Market Definition and Outlook
- 3.2 Properties and Applications
- 3.3 Market Analysis
- 3.4 Key Players
- 4 Key Assumptions
- 5 Executive Summary
- 5.1 Overview
- 5.2 Key Drivers
- 5.3 Key Developments
- 5.4 Competitive Structure
- 5.5 Key Industrial Trends
- 6 Market Snapshot
- 7 Opportunities and Challenges in the Market
- 8 Australia Home Furniture Market Overview
- 8.1 Key Industry Highlights
- 8.2 Australia Home Furniture Historical Market (2018-2024)
- 8.3 Australia Home Furniture Market Forecast (2025-2034)
- 9 Australia Home Furniture Market by Product Type
- 9.1 Bedroom Furniture
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Lamps and Lighting Furniture
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 9.3 Living Room and Dining Room Furniture
- 9.3.1 Historical Trend (2018-2024)
- 9.3.2 Forecast Trend (2025-2034)
- 9.4 Kitchen Furniture
- 9.4.1 Historical Trend (2018-2024)
- 9.4.2 Forecast Trend (2025-2034)
- 9.5 Others
- 10 Australia Home Furniture Market by Material Type
- 10.1 Wood
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 Metal
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 10.3 Plastic
- 10.3.1 Historical Trend (2018-2024)
- 10.3.2 Forecast Trend (2025-2034)
- 11 Australia Home Furniture Market by Price Range
- 11.1 Low
- 11.1.1 Historical Trend (2018-2024)
- 11.1.2 Forecast Trend (2025-2034)
- 11.2 Medium
- 11.2.1 Historical Trend (2018-2024)
- 11.2.2 Forecast Trend (2025-2034)
- 11.3 High
- 11.3.1 Historical Trend (2018-2024)
- 11.3.2 Forecast Trend (2025-2034)
- 12 Australia Home Furniture Market by Distribution Channel
- 12.1 Supermarkets and Hypermarkets
- 12.1.1 Historical Trend (2018-2024)
- 12.1.2 Forecast Trend (2025-2034)
- 12.2 Specialty Stores
- 12.2.1 Historical Trend (2018-2024)
- 12.2.2 Forecast Trend (2025-2034)
- 12.3 Online Channels
- 12.3.1 Historical Trend (2018-2024)
- 12.3.2 Forecast Trend (2025-2034)
- 12.4 Others
- 13 Australia Home Furniture Market by Region
- 13.1 New South Wales
- 13.1.1 Historical Trend (2018-2024)
- 13.1.2 Forecast Trend (2025-2034)
- 13.2 Victoria
- 13.2.1 Historical Trend (2018-2024)
- 13.2.2 Forecast Trend (2025-2034)
- 13.3 Queensland
- 13.3.1 Historical Trend (2018-2024)
- 13.3.2 Forecast Trend (2025-2034)
- 13.4 Australia Capital Territory
- 13.4.1 Historical Trend (2018-2024)
- 13.4.2 Forecast Trend (2025-2034)
- 13.5 Western Australia
- 13.5.1 Historical Trend (2018-2024)
- 13.5.2 Forecast Trend (2025-2034)
- 13.6 Others
- 14 Market Dynamics
- 14.1 SWOT Analysis
- 14.1.1 Strengths
- 14.1.2 Weaknesses
- 14.1.3 Opportunities
- 14.1.4 Threats
- 14.2 Porter’s Five Forces Analysis
- 14.2.1 Supplier’s Power
- 14.2.2 Buyer’s Power
- 14.2.3 Threat of New Entrants
- 14.2.4 Degree of Rivalry
- 14.2.5 Threat of Substitutes
- 14.3 Key Indicators for Demand
- 14.4 Key Indicators for Price
- 15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Company Profiles
- 15.2.1 Lama Furniture Australia
- 15.2.1.1 Company Overview
- 15.2.1.2 Product Portfolio
- 15.2.1.3 Demographic Reach and Achievements
- 15.2.1.4 Certifications
- 15.2.2 King Furniture Australia Pty Ltd.
- 15.2.2.1 Company Overview
- 15.2.2.2 Product Portfolio
- 15.2.2.3 Demographic Reach and Achievements
- 15.2.2.4 Certifications
- 15.2.3 Design Furniture Co Pty Ltd
- 15.2.3.1 Company Overview
- 15.2.3.2 Product Portfolio
- 15.2.3.3 Demographic Reach and Achievements
- 15.2.3.4 Certifications
- 15.2.4 Australia Furniture Makers Pty Ltd
- 15.2.4.1 Company Overview
- 15.2.4.2 Product Portfolio
- 15.2.4.3 Demographic Reach and Achievements
- 15.2.4.4 Certifications
- 15.2.5 Grazia and Co Pty Ltd
- 15.2.5.1 Company Overview
- 15.2.5.2 Product Portfolio
- 15.2.5.3 Demographic Reach and Achievements
- 15.2.5.4 Certifications
- 15.2.6 Others
- 16 Key Trends and Developments in the Market
Pricing
Currency Rates
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