Australia Office Furniture Market By Type (Chairs, Desks, Filing Cabinets & Lockers, Others {Workstations, Conference Tables, etc.}) By Point of Sale (Exclusive Showrooms, Supermarkets/Hypermarkets, Online, Others {Furniture Retail Outlets, Traditional stores, etc.}) By Raw Material (Wood, Metal, Plastic, Others {Bamboo, Cane, etc.}) By Region, Competition Forecast & Opportunities, 2027

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.

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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.

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

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]