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Australia Living and Dining Room Furniture Market Size: By Type: Chairs and Tables, Seats and Sofas, Others; By End Use: Commercial, Residential; By Distribution Channel: Departmental Stores, Independent Furniture Retailers, Online, Others; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032
Australia Living and Dining Room Furniture Market
The Australia living and dining room furniture market size reached USD 3.90 billion in 2023. The market is expected to grow at a CAGR of 4.8% between 2024 and 2032, reaching USD 5.95 billion by 2032.
Key Takeaways:
- According to the International Trade Administration, the Building and Construction industry undertakes construction projects surpassing $162 billion each year.
- The Australian Bureau of Statistics noted a rise in new residential building construction to $7.4 billion in 2023.
- Data from the Australian Bureau of Agricultural and Resource Economics indicates imports of wood products reached $6.9 billion in 2022-23.
Residential demand drives the Australia living and dining room furniture market due to the growing renovation and new construction spending
Residential living and dining room furniture create a sanctuary of comfort, featuring top-tier sofas and dining sets. They mirror individual tastes, improve functionality with dining tables, and foster family connections. Moreover, they present storage solutions, enhance property worth, and support well-being through ergonomic styles.
Commercial living and dining room furniture heightens the atmosphere with inviting appearances, drawing in clients for favourable impressions. Cosy seating enriches guest visits, while robust, practical designs ensure enduringness and efficient space usage. This furniture line embodies brand identity, provides simple upkeep, and facilitates functional, business-oriented spaces.
In July 2023, Valiant, an Australian furniture rental company, introduced an eco-conscious line of rentals made from post-consumer recycled plastics. This sustainability-driven endeavour offers premium furnishings for homes, offices, and gatherings, repurposing ocean and landfill plastics into chic, eco-friendly furniture selections.
Market Segmentation
Australia Living and Dining Room Furniture Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
- Chairs and Tables
- Seats and Sofas
- Others
Market Breakup by End Use
- Commercial
- Residential
Market Breakup by Distribution Channel
- Departmental Stores
- Independent Furniture Retailers
- Online
- Others
Market Breakup by Region
- New South Wales
- Victoria
- Queensland
- Australian Capital Territory
- Western Australia
- Others
The Australia living and dining room furniture market key players are Ashley Furniture Industries, Inc., Inter IKEA Systems B.V., Haworth Inc., MillerKnoll, Inc., FHG, Jardan and La-Z-Boy Inc. among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
|
| Breakup by End Use |
|
| Breakup by Distribution Channel |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Living and Dining Room Furniture Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Living and Dining Room Furniture Historical Market (2018-2023)
8.3 Asia Pacific Living and Dining Room Furniture Market Forecast (2024-2032)
9 Australia Living and Dining Room Furniture Market Overview
9.1 Key Industry Highlights
9.2 Australia Living and Dining Room Furniture Historical Market (2018-2023)
9.3 Australia Living and Dining Room Furniture Market Forecast (2024-2032)
10 Australia Living and Dining Room Furniture Market by Type
10.1 Chairs and Tables
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Seats and Sofas
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Others
11 Australia Living and Dining Room Furniture Market by End Use
11.1 Commercial
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Residential
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 Australia Living and Dining Room Furniture Market by Distribution Channel
12.1 Departmental Stores
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Independent Furniture Retailers
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Online
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Australia Living and Dining Room Furniture Market by Region
13.1 New South Wales
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Victoria
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Queensland
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Australian Capital Territory
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Western Australia
13.5.1 Historical Trend (2018-2023)
13.5.2 Forecast Trend (2024-2032)
13.6 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Ashley Furniture Industries, Inc.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Inter IKEA Systems B.V.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Haworth Inc.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 MillerKnoll, Inc.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 FHG
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Jardan
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 La-Z-Boy Inc.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Living and Dining Room Furniture Market: Key Industry Highlights, 2018 and 2032
2. Australia Living and Dining Room Furniture Market: Key Industry Highlights, 2018 and 2032
3. Australia Living and Dining Room Furniture Historical Market: Breakup by Type (USD Billion), 2018-2023
4. Australia Living and Dining Room Furniture Market Forecast: Breakup by Type (USD Billion), 2024-2032
5. Australia Living and Dining Room Furniture Historical Market: Breakup by End Use (USD Billion), 2018-2023
6. Australia Living and Dining Room Furniture Market Forecast: Breakup by End Use (USD Billion), 2024-2032
7. Australia Living and Dining Room Furniture Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
8. Australia Living and Dining Room Furniture Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
9. Australia Living and Dining Room Furniture Historical Market: Breakup by Region (USD Billion), 2018-2023
10. Australia Living and Dining Room Furniture Market Forecast: Breakup by Region (USD Billion), 2024-2032
11. Australia Living and Dining Room Furniture Market Structure
Key Questions Answered in the Report
The market was valued at USD 3.90 billion in 2023.
The market is projected to grow at a CAGR of 4.8% between 2024 and 2032.
The revenue generated from the market is expected to reach USD 5.95 billion in 2032.
The living and dining room furniture market is categorised according to type, which includes chairs and tables, seats and sofas and others.
The key players are Ashley Furniture Industries, Inc., Inter IKEA Systems B.V., Haworth Inc., MillerKnoll, Inc., FHG, Jardan and La-Z-Boy Inc. among others.
Based on the end use, the market is divided into residential and commercial.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
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