Australia Furniture Market Report and Forecast 2025-2034

Australia Furniture Market Outlook

The Australia furniture market size reached USD 2.98 billion in 2024. The market is expected to grow at a CAGR of 3.1% between 2025 and 2034, reaching USD 3.87 billion by 2034.

Key Takeaways:

• As reported by the Australian Bureau of Statistics, new residential construction values in January 2024 surged by 19.4% to $7.14 billion.

• Australian Bureau of Agricultural and Resource Economics data shows wood product imports hit $6.9 billion in 2022-23.

• According to the International Trade Administration, Australia's 2022 total retail expenditure amounted to US$242 billion.

Wood plays a vital role in driving the Australia furniture market growth due to its ability to be crafted into various styles, covering from conventional to contemporary, providing flexibility in appearance options

Wood furniture offers durable charm with varied hues and grain textures, long-lasting strength for multiple generations, multipurpose designs for different aesthetics, wide customisation options, eco-awareness through sustainable resourcing and recyclability, and increased ease for heightened satisfaction.

In April 2024, IKEA Australia launched a new gaming furniture range. Previously, IKEA partnered with ROG for a gaming-focused line. However, they decided to create an original collection called BRÄNNBOLL. Launched in September, it catered to a broader gaming audience with modular designs.

Metal furniture claims outstanding sturdiness and resilience against damage, showcasing modern style with simple designs, ideal for compact spaces, requiring nominal maintenance, fire-resistant for safety, and often offering cost-effective solutions for long-term monetary gains.

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Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Market Segmentation

Australia Furniture Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Material

• Wood

• Plastic 

• Metal 

• Others 

Market Breakup by Product Type

• Beds

• Tables and Desks

• Sofa and Couch 

• Chairs and Stools 

• Cabinets and Shelves

• Others 

Market Breakup by End Use

• Residential

• Commercial 

Market Breakup by Distribution Channel

• Supermarkets and Hypermarkets 

• Specialty Stores 

• Online Retail Stores

• Others

Market Breakup by Region

• New South Wales

• Victoria

• Queensland

• Australian Capital Territory

• Western Australia

• Others

The Australia furniture market key players are King Furniture Australia Pty Ltd., Design Furniture Co Pty Ltd., Grazia & Co. Pty Ltd., Fursys, Advanta Group Pty Ltd., Lama Furniture Australia, Alpha Office Furniture Pty Ltd., Woods Furniture Pty Ltd., Matic Furniture Pty Ltd., and Krost Furniture Pty Ltd. among others.

Key Highlights of the Report