Australia office furniture market is
expected to show an impressive growth with anticipated CAGR in the forecast
period, 2023-2027. The market growth can be addressed as a response to rapid
development of economic factors like urban infrastructure development,
industrialization and increased demand of aesthetic furniture to promote modern
office culture. Moreover, Growing demand from the non-residential sector and
government’s favorable policies are expected to drive the growth of the
Australia office furniture market in the upcoming five years.
Low mortgage
interest rates, and thus provided a conducive operating environment for
furniture industry is expected to support the growth of the Australia office
furniture market in the next five years. Furthermore, growing urban population
and increasing spending pattern for modern offices and modern furniture is
anticipated to support the growth of the Australia office furniture market in
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.
The Australia office furniture market is
segmented by type, point of sale, raw material, regional distribution, and
competitional landscape, Based on type, the market is further bifurcated into chairs,
desks, filing cabinets & lockers, others (workstations, conference tables,
etc.). Desks and chairs are anticipated to hold the largest shares of the
market and assert its dominance over the market in the next five years on the
account of increasing work-spaces and office culture expanding in the country.
Moreover, the furniture is an ever demanded product for the stable office
culture. The rising demand is expected to grow along with the growth of the
Australia office furniture market in the upcoming five years. A partial list of market player in the Australia
office furniture market includes, 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, among others.
These market
players hold larger shares of the market than the new market players. With the
advancement of the technology, it is appropriate to say that the effective
research and development of the technologically advanced office furniture would
support the market growth and benefit the market players as well as the
consumers. New market players may focus on the research and development to
provide products that satisfies the consumer demand as well as benefits the
market players in building their brand value. Other competitive strategies
include mergers & acquisitions and new product developments.
Objective
of the Study:
- To
analyze the historical growth of the
market size of Australia office furniture market from 2017 to 2020.
- To
estimate and forecast the market size of Australia office furniture market
from 2021 to 2027 and growth rate until 2027.
- 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.

Click here to download the sample
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 office furniture market using a bottom-up approach,
wherein data for various end-user segments was recorded and forecast for the
future years. TechSci Research sourced these values from the industry experts
and company representatives and externally validated through analyzing
historical data of these product types and applications for getting an
appropriate, overall market size. Various secondary sources such as company
websites, news articles, press releases, company annual reports, investor
presentations and financial reports were also studied by TechSci Research.
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
|
2021
|
Historical
Years
|
2017 –
2020
|
Estimated
Year
|
2022E
|
Forecast
Period
|
2023F –
2027F
|
Quantitative
Units
|
Revenue in
USD Million and CAGR for 2017-2021 and 2022E-2027F
|
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)
|
Report Scope:
In this report, Australia office furniture market has been segmented into
following categories, in addition to the industry trends which have also been
detailed below:
- Australia Office
Furniture Market, By Type:
- Chairs
- Desks
- Filing Cabinets & Lockers
- Others
- Workstations
- Conference Tables
- Australia Office Furniture Market,
By Point of Sale:
o Exclusive Showrooms
o Supermarkets/Hypermarkets
o Online
o Others
§ Furniture Retail Outlets
§ Traditional stores
- Australia Office Furniture Market,
By Raw Material:
o Wood
o Metal
o Plastic
o Others
§ Bamboo
§ Cane
- Australia Office Furniture Market,
By Region:
- Northern Territory
- Queensland
- New South Wales
- Tasmania
- Victoria
- South Australia
- Western Australia
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in Australia office furniture market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following customization
options are available for the report:
Company
Information
Detailed analysis and
profiling of additional market players (up to five).Australia Office Furniture Market is an upcoming report to be released
soon. If you wish an early delivery of this report or want to confirm the date
of release, please contact us at [email protected]
In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]