Get ready, because the Australia office furniture market is set to take off! We're expecting some pretty impressive growth between 2024 and 2028, with a significant CAGR. Why? Well, Australia's economy is booming, with cities getting bigger and industries growing fast. People want offices that look good too, so there's a real demand for aesthetic furniture that fits a modern office vibe. Plus, with more non-residential buildings going up and the government offering some helpful policies, things are looking good. Low mortgage rates are also creating a sweet spot for the furniture industry. And let's not forget, more people are moving to cities and spending more on cool, modern office spaces – all fueling the growth of the Australia office furniture market over the next five years!
Office furniture includes, all sorts of office tables, chairs, desks, clerical desks, file cabinets, lounge seating and computer desks. Any furnishing that is free standing and usually does not require installation with component parts.
Let's talk about office furniture in Australia! The market is broken down into different categories, like what kind of furniture it is, where you buy it, what it's made of, and even where it's popular geographically, not to mention who the big players are. Looking at types of furniture, you've got chairs, desks, filing cabinets and lockers, and other stuff like workstations and conference tables. Desks and chairs are expected to stay on top, grabbing the biggest chunk of the market for the next five years, mainly because more and more workspaces are popping up and office culture is booming. Plus, furniture is just something offices always need, right? As the demand for office furniture keeps climbing, it's likely the whole Australia office furniture market will grow right along with it over the next five years.
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When we look at the Australian office furniture scene, you'll find some big names like IKEA Pty Limited, Steelcase Australia Pty. Ltd, Herman Miller (Aust.) Proprietary Limited, Haworth Australia Pty Limited, Greenlit Brands Pty Limited, HNI Corporation, Knoll Inc., Sebel Pty Ltd., Schiavello Group Pty. Ltd, Harvey Norman Holdings Limited, Bfx Australia Pty Ltd, Amart Furniture Pty Ltd, D D K Commercial Interiors Pty Ltd, Bentons Kitchens Pty Ltd, AKD Softwoods Pty Ltd, Chiswell Furniture Pty Ltd, Forty Winks Franchising Pty Ltd, Furnware Group Pty Ltd, and Fuller Furniture, just to name a few. These guys generally have a bigger slice of the pie than the newer companies. Now, with tech moving so fast, smart research and development of cutting-edge office furniture is key to growing the market. It's a win-win for everyone! New players could really focus on this to meet customer needs and build a strong brand. And don't forget other ways to get ahead, like mergers and acquisitions, and launching new and exciting products.
Objective of the Study
- To analyze the historical growth of the market size of Australia office furniture market from 2018 to 2021.
- To estimate and forecast the market size of Australia office furniture market from 2022 to 2028 and growth rate until 2028.
- To classify and forecast Australia office furniture market based on type, point of sale, raw material, competitional landscape, and regional distribution.
- To identify dominant region or segment in the Australia office furniture market.
- To identify drivers and challenges for Australia office furniture market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Australia office furniture market.
- To identify and analyze the profile of leading players operating in Australia office furniture market.
- To identify key sustainable strategies adopted by market players in Australia office furniture market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers, suppliers, and service providers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufactures which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufactures, distribution channels and presence of all major players across the country.
TechSci Research calculated the market size of Australia
Key Target Audience
- Office furniture manufacturers, end users, and other stakeholders
- Distributers and suppliers of the products and other stakeholders
- Organizations, forums, and alliances related to office furniture
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Attribute | Details |
Base Year | 2022 |
Historical Years | 2018 – 2021 |
Estimated Year | 2023E |
Forecast Period | 2024F – 2028F |
Quantitative Units | Revenue in USD Million and CAGR for 2018-2022 and 2023E-2028F |
Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered | · Type · Point of Sale · Raw Material |
Region Scope | Australia Capital Territory & New South Wales, Northern Territory & Southern Australia, Western Australia, Queensland, Victoria & Tasmania |
Key Companies Profiled | IKEA Pty Limited, Steelcase Australia Pty. Ltd, Herman Miller (Aust.) Proprietary Limited, Haworth Australia Pty Limited, Greenlit Brands Pty Limited, HNI Corporation, Knoll Inc., Sebel Pty Ltd., Schiavello Group Pty. Ltd, Harvey Norman Holdings Limited, Bfx Australia Pty Ltd, Amart Furniture Pty Ltd, D D K Commercial Interiors Pty Ltd, Bentons Kitchens Pty Ltd, AKD Softwoods Pty Ltd, Chiswell Furniture Pty Ltd, Forty Winks Franchising Pty Ltd, Furnware Group Pty Ltd, Fuller Furniture |
Customization Scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |