DUBLIN–(BUSINESS WIRE)–The “Australia Furniture Market, By Product Type (Home Furniture, Office Furniture and Institutional Furniture), By Point of Sale (Exclusive Showrooms, Supermarkets/Hypermarkets, Online and Others), By Raw Material Type, By Company, By Region, Forecast & Opportunities, 2025” report has been added to ResearchAndMarkets.com’s offering.
The Australian Furniture Market was valued USD 7.76 Million in 2019 and is predicted to be valued USD 8.78 Million by 2025.
Favorable economic factors such as rapid urban infrastructure developments, growing demand from residential as well as non-residential sectors coupled with encouraging government policies and low mortgage interest rates, have provided a conducive operating environment for furniture industry and pushed furniture demand through the years.
The Australian Furniture Market is driven by growing urban population and increasing spending pattern for comfortable lifestyle. Also, online availability of furniture for permanent or rental use is positively influencing the growth of the market over the next few years. However, volatile prices of raw materials used in the manufacture of furniture can hamper the growth of the market.
The Australian Furniture Market is segmented based on product type, point of sale, raw material type, company and region. Based on raw material type, the market is segmented into wood, plastic, metal and others. Out of which, the wood segment dominated the market with share of 55.31% in 2019 and the segment is anticipated to maintain its leading position during the forecast period as well on account of the benefits offered by wood when compared to other materials such as high strength & durability, cost effectiveness, ease of maintenance, among many others.
In terms of product type, the market is fragmented into home furniture, office furniture and institutional furniture. The home furniture segment is estimated to grow at a high pace in over the years to come which is attributable to growing demand for furniture in living room and bedroom.
Major companies are adopting competitive strategies such as product innovation and increasing presence in the country in order to register sound return.
Years considered for this report:
- Historical Years: 2015-2018
- Base Year: 2019
- Estimated Year: 2020
- Forecast Period: 2021-2025
Objective of the Study:
- To analyze and estimate the market size of the Australian Furniture Market from 2015 to 2018.
- To estimate and forecast the market size of the Australian Furniture Market from 2019 to 2025 and growth rate until 2025.
- To classify and forecast the Australian Furniture Market based on product type, distribution channel, raw material type, company and regional distribution.
- To identify dominant region or segment in the Australian Furniture Market.
- To identify drivers and challenges for the Australian Furniture Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Australian Furniture Market.
- To conduct pricing analysis for the Australian Furniture Market.
- To identify and analyze the profile of leading players operating in the Australian Furniture Market.
- To identify key sustainable strategies adopted by market players in the Australian Furniture Market.
Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on Australia Furniture Market
4. Executive Summary
5. Australia furniture Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Product Type (Home Furniture, Office Furniture and Institutional Furniture)
5.2.2. By Point of Sale (Exclusive Showrooms, Supermarkets/Hypermarkets, Online and Others (Furniture Retail Outlets, Traditional Stores, etc.))
5.2.3. By Raw Material Type (Wood, Plastic, Metal and Others (Bamboo, Cane, etc))
5.2.4. By Region
5.2.5. By Company
5.3. Market Attractiveness Index, By Type
6. Australia Home Furniture Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Type (Beds, Sofas, Dining Sets, Others (Storages like cabinets, shoe racks, bookshelves, etc.)
6.2.2. By Point of Sale (Exclusive Showrooms, Supermarkets/Hypermarkets, Online and Others(Furniture Retail Outlets, Traditional Stores, etc.))
6.2.3. By Raw Material Type (Wood, Plastic, Metal and Others (Bamboo, Cane, etc))
6.2.4. By Room Type (Living Room, Bedroom, Dining Room, Others (Kitchen, Study Room, etc.)
6.2.5. By Offline Vs. Online Sales
7. Australia Office Furniture Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Type (Chairs, Desks, Filing Cabinets & Lockers, Others (Workstations, Conference Tables, etc.)
7.2.2. By Point of Sale (Exclusive Showrooms, Supermarkets/Hypermarkets, Online, Others (Furniture Retail Outlets, Traditional stores, etc.)
7.2.3. By Raw Material (Wood, Metal, Plastic, Others (Bamboo, Cane, etc.))
8. Australia Institutional Furniture Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Type (Chairs & Benches, Tables, Beds, Others (Cabinets, Lockers, etc.))
8.2.2. By Point of Sale (Exclusive Showrooms, Supermarkets/Hypermarkets, Online, Others (Furniture Retail Outlets, Traditional stores, etc.))
8.2.3. By Raw Material (Wood, Metal, Plastic, Others (Bamboo, Cane, etc.))
9. Australia Work From Home Furniture Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Type (Desks, Chairs, Others (Bookshelves, Filing Cabinets, etc.))
9.2.2. By Point of Sale (Exclusive Showrooms, Supermarkets/Hypermarkets, Online, Others(Furniture Retail Outlets, Traditional stores, etc.)
9.2.3. By Buyer’s Age (Below 30 years, 31-60 Years, Above 60 Years)
9.2.4. By Region (Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Western Australia, Northern Territory & Southern Australia)
9.2.5. By Brand
9.2.6. By Cities
10. Market Dynamics
10.1. Drivers/Opportunities
10.2. Challenges/Restraints
11. Market Trends & Developments
12. Policy & Regulatory Landscape
13. Pricing Analysis
14. Export & Import Analysis
15. Australia Economic Profile
16. Competitive Landscape
16.1. Company Profiles
16.1.1. IKEA Pty Limited
16.1.2. Steelcase Australia Pty. Ltd
16.1.3. Herman Miller (Aust.) Proprietary Limited
16.1.4. Haworth Australia Pty Limited
16.1.5. Greenlit Brands Pty Limited
16.1.6. HNI Corporation
16.1.7. Knoll Inc.
16.1.8. Sebel Pty Ltd.
16.1.9. Schiavello Group Pty. Ltd
16.1.10. Harvey Norman Holdings Limited
16.1.11. Bfx Australia Pty Ltd
16.1.12. Amart Furniture Pty Ltd
16.1.13. D D K Commercial Interiors Pty Ltd
16.1.14. Bentons Kitchens Pty Ltd
16.1.15. AKD Softwoods Pty Ltd
16.1.16. Chiswell Furniture Pty Ltd
16.1.17. Forty Winks Franchising Pty Ltd
16.1.18. Furnware Group Pty Ltd
16.1.19. Fuller Furniture
17. Strategic Recommendations
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