The Australia Furniture Market was valued at USD 10.86 Billion in 2024 and is expected to reach USD 15.35 Billion by 2030 with a CAGR of 5.98%

Furniture retailers have faced volatile trading conditions over recent years. The industry’s performance has closely mirrored residential construction trends, as periods of increased housing activity typically bolster furniture sales. Despite a significant uptick in 2020-21, declining residential building construction over the past few years has exerted downwards pressure on furniture demand. Higher living costs and interest rates have also weighed on consumer spending. However, pay later services like Afterpay and Zip Pay have provided some relief, enabling consumers to make incremental payments on big-ticket items and supporting retail activity in a challenging economic environment. Industry revenue is expected to have climbed at an annualised 0.8% over the five years through 2024-25, to $12.0 billion. This includes an anticipated downswing of 0.4% in 2024-25. Consumers have increasingly purchased furniture from department stores, online-only stores and second-hand marketplaces like Gumtree. Furniture retailers have upped the ante, investing more in online platforms to establish true omnichannel, digitally driven and customer-centric businesses. Intensifying industry competition has fuelled fierce price discounting between furniture retailers and boosted demand for ecommerce and digital talents. Despite the competitive environment, lower wage costs – as a result of weak growth in instore staff because of store consolidations over the past few years – have helped improve industry profitability. Looking ahead, income growth and improving consumer sentiment will support stronger spending on furniture goods. Mounting competition from online-only sites will motivate furniture stores to enhance their online sales channels and widen customer reach. While this trend will slow growth in establishment numbers and subdue the need for instore staff as furniture retailers close more unprofitable stores, digitalisation will drive retailers to hire more digital specialists and expand warehouse and distribution centres to fulfil a growing number of online orders. The forecast appreciation of the Australian dollar is set to make international purchases more affordable for furniture stores, supporting stable profit margins despite a relatively high cash rate. The Furniture Retailing industry’s revenue is projected to climb at an annualised 1.6% over the five years through 2029-30, to reach $13.0 billion.

Australia furniture market size reached USD 18.6 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 32.7 Billion by 2033, exhibiting a growth rate (CAGR) of 5.8% during 2025-2033. The growing focus of key manufacturers and suppliers on using friendly packaging and transportation practices is primarily augmenting the market growth across the country.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on material, distribution channel, and end use.

The Report Covers Australian Office Furniture Market Statistics & Size and It is Segmented by Material (Wood, Metal, Plastics, Others), by Product (Seating, Storage Units, Workstation, Tables, Other Accessories) and by Distribution Channel (Offline, Online).

Discover insights on Australia furniture market including top players and competitors with our expert analysis from Ken Research.

The Australia Kitchen Furniture Market report segments the industry into By Furniture Type (Kitchen Cabinets, Kitchen Chairs, Kitchen Tables, Others), By Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, e-Commerce, Other Distribution Channels), and By End User (Residential, Commercial). Get five years of historical data and forecasts for the market.

Online household furniture retailers have had much to celebrate thanks to shifts in consumer habits towards online shopping. Trends in internet subscriber numbers, greater online connectivity and enhanced online platforms have made online shopping more accessible for consumers. At the same time, improvements to website usability and transaction security have increased its appeal. The ability to compare products, offers of lower prices and competitive delivery costs have been added bonuses for consumers in the new furniture market, driving widespread acceptance. All in all, industry revenue is anticipated to grow at an annualised 5.7% over the five years through 2024-25 and is expected to total $1.5 billion in the current year when revenue is set to expand by an estimated 3.8%. Online household furniture orders surged during the pandemic as lockdown periods and trading restrictions caused consumers to shop online in droves. Pandemic restrictions fuelled spending on home improvements, which, in turn, led to a spike in sales of bedroom, lounge and outdoor furniture. Despite the hype, online household furniture retailers have struggled in the post-pandemic environment, with rising inflation and higher interest rates leading to a cost-of-living crisis. While purchase costs have climbed due to rising input prices and inflated freight costs, profitability has expanded, largely owing to earlier gains. Going forwards, online shopping's flourishing popularity is set to underpin continued online household furniture sales. With internet subscriber numbers as a foundation, shifts towards online shopping will also benefit from enhanced online connectivity and data-driven platforms. Traditional bricks-and-mortar retailers will continue to make their foray into online shopping, growing the industry's enterprise and establishment base and heightening competition. Sales are also likely to stem from an upswing in residential building construction, with more homes creating a need for more furniture. Industry revenue is forecast to grow at an annualised 3.5% over the five years through 2029-30 to total $1.8 billion.

In 2023, the Australia Smart Furniture Market reached a value of USD 44.6 million, and it is projected to surge to USD 74 million by 2030.

The Australia Office Furniture Market was valued at USD 2.45 Billion in 2024 and is expected to reach USD 3.03 Billion by 2030 with a CAGR of 3.66%

The Australia furniture and home furnishings market size reached USD 9.04 Billion in 2024. The market is expected to grow at a CAGR of 4.50% between 2025 and 2034, reaching USD 14.04 Billion by 2034.

The Australia home office furniture market size was valued at USD 867.3 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 1,345.60 Million by 2033, exhibiting a CAGR of 4.90% from 2025-2033. The market is driven by the rise in remote work, increasing demand for ergonomic designs, and the focus on customization and aesthetics. Besides this, Australia home office furniture market share is influenced by customer demand for personalized and stylish pieces. Ergonomic furniture ensures health and productivity in home offices, which further strengthens the market growth.

IMARC Group provides an analysis of the key trends in each segment of the Australia home office furniture market, along with forecasts at the country and regional levels from 2025-2033. The market has been categorized based on product type, material type, price range, and distribution channel.

The revenue in the furniture e-commerce market in Australia and Oceania was modeled to stand at ************ U.S. dollars in 2024. Between 2017 and 2024, the revenue rose by ************ U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The revenue will steadily rise by *********** U.S. dollars over the period from 2024 to 2029, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Furniture.

The revenue is forecast to experience significant growth in all segments in 2029. As part of the positive trend, the revenue achieves the maximum value across all four different segments by the end of the comparison period. Notably, the segment Bedding stands out with the highest value of *** billion U.S. dollars. Find further statistics on other topics such as a comparison of the revenue in China and a comparison of the revenue in the United States. The Statista Market Insights cover a broad range of additional markets.

Explore the growing demand for wooden furniture in Australian kitchens and how it is driving market expansion. Forecasted to increase at a CAGR of +1.7%, the market is expected to reach 2.9M units by 2035 with a value of $142M.

The size of the Commercial Office Furniture Industry in Australia market was valued at USD 2.46 Million in 2023 and is projected to reach USD 3.14 Million by 2032, with an expected CAGR of 3.54% during the forecast period.Commercial office furniture is one of the fundamental aspects of any business. It does not only come in handy to be functional but also makes a remark through beauty and attraction. Commercial office furniture is a broad range of products: from simple desks, chairs, or storage units to conference tables and partitions. In this manner, products solve business problems by making comfortable, productive working environments. The industry of Australian commercial office furniture remains an important sector that constantly contributes to the country's economic growth. Increased business growth and modernization have led to increasing demand from the needs for high-quality office furniture. This industry provides employment in manufacture first, then in distribution and retailing and gives direct support to economic growth in Australia while contributing to local suppliers and manufacturers. Key drivers for this market are: Rise in New Offices in South Korea, Wide Range of Design Broadening Consumer Base. Potential restraints include: Fluctuations in Raw Material Prices and Rise in Shipping Prices, Intense Competition from Both Local and International Players. Notable trends are: Rise in Commercial Space Construction.

The Australia Kitchen Furniture report provides a detailed analysis of emerging investment pockets, highlighting current and future market trends. It offers strategic insights into capital flows and market shifts, guiding investors toward growth opportunities in key industry segments and regions.

The Australian plastic furniture market rose sharply to $58M in 2024, with an increase of 7.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, saw a slight slump. Plastic furniture consumption peaked at $78M in 2022; however, from 2023 to 2024, consumption remained at a lower figure.

Australia Home Furniture market was valued at USD 16.79 billion in 2024 and is anticipated to grow USD 27.05 billion by 2030 with a CAGR of 8.33%.

At the end of the 2024 financial year, there were just over 1,420 furniture retailing businesses in the Australian state of Victoria. In comparison, that same year, 16 businesses in that sector were operating in the Northern Territory.

Market Size statistics on the Furniture Retailing industry in Australia