Australia Furniture Market Outlook to 2022
By Residential (Bedroom, Living Room, Kitchen, Home Office Furniture, Dining Room, Storage Furniture and Other Residential Furniture), Hospitality and Commercial Furniture, by Home Furnishing (Indoor, Outdoor and Lighting)
Region:Asia
Product Code:KR637
May 2018
173
About the Report
Australia Furniture Market Segmentation
By Product Categories in Home Furniture: There has been a rapid growth in the real estate sector due to the demand for residential property in the country. Bedroom furniture was the highest selling product category in the home furniture segment as of 2017, followed by living room furniture, kitchen furniture, home office furniture, dining room furniture, storage furniture, and all other residential furniture.
By Organized and Unorganized Sector: The unorganized sector dominated the market, in terms of a large number of unorganized manufacturers operated in the country in 2017. Lower cost of production by using the locally available resources assists unorganized retailers in selling products at a lower price than the one sold by established companies with multiple retail outlets in Australia. The increasing demand for branded products among the customers due to the rising income levels has led to the growth of organized retailers in the country.
By Type of Office Furniture: Workstation furniture dominated the office furniture market on the basis of consumer expenditure followed by office chair, office table, and office storage. Office/ Commercial furniture space is governed by players specializing in designing, manufacturing and supplying modular furniture for schools, government institutions, offices, and aged care. Major companies involved in office furniture are DDK Commercial Furniture, BFX Australia, IKEA, Etsy Australia, Buy direct online, Workspace Australia, Burgtec, Woods furniture Australia, House of Home Australia, Kmart and others.
Snapshot on Australia Online Furniture Market: Sales for furniture in Australia have been dominated by offline retail outlets, franchisee outlets, showrooms and exclusive stores of manufacturers and major players operating in the space. Despite of the presence of approximately 20.67 million internet users i.e. a penetration rate of over 85.1% in the country during 2016, online sales of furniture contributed poorly to the overall market revenues during the same year. Online players faced stiff competition from brick and mortar stores all across the country, which offered a wide variety of products at competitive prices. Most of the companies selling via online channels had at least one offline store and are yet to register significant traffic and product orders online in the country. The major players which have dominated the revenues of online furniture sales in 2016 are Brosa, Fantastic Furniture, Pottery Barn, Zanui and others.
Competitive Landscape: The top 7 leading home furniture and furnishing players are Harvey Norman, Freedom Furniture, Fantastic Holdings, Nick Scali, IKEA, Pacific Furniture and Bedding and Linen House which holds the largest market share. The companies compete on the basis of product spread, price range, number of stores, geographical locations, best selling products. Companies are focusing on increasing their number of stores as they want to reach out maximum potential customers and increase the walk-ins in their stores. Companies are focusing on extending their leadership positions that can be connected to customers at any time and anywhere and increase customer experience
Australia Furniture Market Future Outlook and Projections: The furniture market is expected to grow at an impressive rate during 2018-2022. Rise in domestic as well export demand of furniture products is anticipated to result in market growth. Since tourism-based enterprises such as hotels, restaurants, museums and leisure service providers face growing needs to update their amenities; the demand for unique furniture items is expected to rise sharply. Apart from the robust hotel sector, construction of more condominiums and residential houses in the country is expected to drive the growth of the industry in the coming years. Opening of more number of stores by companies in different locations and an increase in the product listing will also drive the growth of the furniture market.
Key Topics Covered in the Report:
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Australia Furniture Market Size by Consumer Expenditure
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Value Chain Analysis in Australia Furniture Market
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Australia Furniture Market Segmentation By Organized and Unorganized Sector, By End Users (Residential, Commercial and Hospitality), By Product Categories in Home Furniture, By Bedroom Furniture, By Living Room Furniture, By Kitchen Furniture, By Home Office Furniture, By Dining Room Furniture, By Storage Furniture, 2017
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Australia Modular Kitchen Market Size, 2017
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Snapshot on AustraliaOnline Furniture Market
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Snapshot on Australia Home Furnishings Market
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Snapshot on Used Furniture Market
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AustraliaFurniture Market Trade Scenario
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Major Manufacturing Clusters for Australia Home Furniture Market
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Trends and Developments in Australia Furniture Market
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Issues and Challenges in Australia Furniture Market
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Government Initiatives and Regulations In Australia Furniture Market
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Porter's Five Force Analysis in Australia Furniture Market
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Competitive Landscape in Australia Furniture Market
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Decision Making Parameters in Australia Furniture Market
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Australia Furniture Market Future Outlook and Projections By Consumer Expenditure 2018-2022
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Analyst Recommendations for Australia Furniture Market
Products
Companies
- Furniture Retailers Harvey Norman,
- Freedom Furniture,
- Fantastic Furniture,
- Nick Scali,
- IKEA,
- Pacific Furniture and Linen House;
- Modular Kitchen Companies (Flat Pack Kitchen,
- Freedom Kitchens,
- Kitchen Shack,
- Dan Kitchens and Dream Doors);
- E-tailers (Zanui, Pottery Barn,
- Living Styles,
- Icon By Design,
- Brosa,
- Temple & Websters and MyDeal.com.au);
- Used Furniture (Fuller Furniture, Careousell)
Table of Contents
1. Australia Furniture & Furnishing Market Executive Summary
2. Research Methodology
2.1 Market Definitions
2.2 Abbreviations
2.3 Consolidated Research Approach
2.4 Research Methodology - Limitation
2.5 Correlation Matrix
2.6 Regression Matrix
3. Furniture and Furnishing Ecosystem
3.1 Residential Furniture and Furnishing Ecosystem - Supply Side
3.2 Office Furniture and Furnishing Ecosystem - Supply Side
3.3 Furniture and Furnishing Ecosystem - Demand Side
4. Business Model & Value Chain Analysis
4.1 Challenges in Value Chain Analysis
5. Supply Chain in Australia Furniture Market
5.1 Specialized Furniture Logistics Companies in Australia
6. Australia Furniture and Furnishing Market- Market Size by Consumer Expenditure, 2012-2017
6.1 Australia Furniture Market Size by Consumer Expenditure, 2012-2017
7. Australia Furniture Market Segmentation
7.1 Australia Furniture Market Segmentation by Organized and Unorganized Retailers, 2012-2017
7.2 Australia Furniture Market Segmentation by End Users (Residential, Office & Hospitality), 2012-2017
7.2.1 Australia Office Furniture Market, 2012-2017
7.2.2 Australia Office Furniture Market - Process Involved and Case Studies
7.2.3 Buying Guide for Office and School Furniture
7.2.4 Australia Hospitality Furniture Market, 2012-2017
7.2.5 Investment Layout Plan for Bedroom Furniture for a Hotel in Australia
7.2.6 Decision Making Parameters by Hospitality Customers in Selecting Vendor
7.2.7 Best Selling Hotel Furniture in Australia
8. Australia Residential Furniture Market, 2012-2017
8.1 Best Selling Outdoor Furniture
8.2 Australia Residential Furniture Market Segmentation by Application, 2012-2017
8.2.1 Australia Bedroom Furniture Market, 2012-2017
8.2.2 Australia Living Room Furniture Market, 2012-2017
8.2.3 Australia Kitchen Furniture Market, 2012-2017
8.2.4 Australia Home office Furniture Market, 2012-2017
8.2.5 Australia Dining Room Furniture Market, 2012-2017
8.2.6 Australia Storage & Other Furniture Market, 2012-2017
9. Australia Residential Furniture Market Segmentation by Distribution Channels, 2012-2017
10. Australia Residential Furniture Market Segmentation by City
11. Australia Residential Furniture Market Future Outlook and Projections, 2018-2022
11.1 Australia Residential Furniture Market Future Outlook and Projections by Application, 2018-2022
12. Snapshot on Australia Modular Kitchen Market Size, 2012-2017
12.1 Australia Modular Kitchen Market Segmentation by Project & Retail Sales, 2017
12.2 Trends and Developments in Australia Modular Kitchen Market
12.3 Case Study to set up a Modular Kitchen in Australia
12.4 Australia Modular Kitchen Market Layout
12.5 Australia Modular Kitchen Market- Competition Scenario
12.6 Australia Modular Kitchen Market- Company Profiling
12.7 Australia Modular Kitchen Market- Future Outlook and Projections, 2018-2022
13. Snapshot on Australia Used Furniture Market
14. Snapshot on Australia Online Furniture Market Size by Consumer Expenditure, 2012-2017
14.1 Challenges for Offline Retailers to Switch towards Online Channels
14.2 Australia Online Furniture Market- Business Model
14.3 Australia Online Furniture Market- Major Company Profiling
14.4 Company Profiling of Other Furniture E-Retailers
15. Australia Home Furnishings Market Size by Consumer Expenditure, 2012-2017
15.1 Australia Home Furnishings Market Segmentation- By Type of Furnishing, 2012-2017
15.2 Australia Home Furnishings Market Segmentation- By Type of Indoor Furnishing, 2012-2017
15.2.1 Australia Indoor Home Furnishings Market Segmentation- By Type of Home Textiles, 2012-2017
15.2.2 Australia Indoor Home Furnishings Market Segmentation- By Type of Window Coverings, 2012-2017
15.3 Australia Home Furnishings Market Segmentation- By Type of Outdoor Furnishing, 2012-2017
15.3.1 Australia Outdoor Furnishings Market Segmentation- By Type of Barbeques, 2012-2017
15.4 Australia Home Furnishings Market Segmentation- By Type of Lighting, 2012-2017
15.4.1 Australia Home Furnishings Market Segmentation- By Type of Light Sources, 2012-2017
16. Australia Furniture Market Import Trade Scenario, 2012-2017
16.1 Import Duty
17. Export Trade Scenario, 2012-2017
18. Issues and Challenges
19. Trends and Developments
20. Government Initiatives and Standards for Kitchen
20.1 Government Office Standards
20.2 Government Standards
21. Porter Five Forces Analysis in Australia Furniture Market
22. Competition Scenario
22.1 Comparison of Major Home Furniture and Furnishing Players
22.2 Comparison of Major Furniture and Home Furnishing Players
22.3 Company Profiling- Harvey Norman Holdings
22.4 Company Profiling- Nick Scali Limited
22.5 Company Profiling- Fantastic Holdings Ltd
22.6 Company Profiling- Freedom Furniture
22.7 Company Profiling- IKEA
22.8 Company Profiling- BBQSAM Holdings Pvt. Ltd.
22.9 Company Profiling- Pacific Furniture & Bedding
22.10 Company Profiling- Linen House
23. Australia Furniture Market- Consumer Profile
24. Decision Making Parameters by Residential Customers in Australia Furniture Market
25. Australia Furniture Market - Future Outlook and Projections, 2018-2022
26. Australia Furniture Market- Analyst Recommendations
Disclaimer
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