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Wooden Furniture and Upholstered Seat Manufacturing in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Wooden Furniture and Upholstered Seat Manufacturing Market Research Report | ANZSIC C2511 | Sep 2016

Knock on wood: Revenue has increased, despite increasing competition from imports

The Wooden Furniture and Upholstered Seat Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 12-17
0.7%
Annual Growth 17-22
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Profit
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Employment
15,910
Businesses
3,405
Industry Analysis & Industry Trends

The Wooden Furniture and Upholstered Seat Manufacturing industry exhibited limited growth over the past five years as it struggled to protect its market share from the influx of low-cost imports and furniture alternatives, such as metal, plastic and glass. Industry revenue is expected to grow at an annualised 0.7% over the five years through 2016-17, to reach $2.6 billion. This includes expected growth of 0.6% in the current year. The appreciation of the Australian dollar in the early part of the period reduced the price of low-cost imports. This reduced the production capacity of local manufacturers. Although the Australian dollar has depreciated from 2013-14 onwards, the industry has not been able to regain the sales lost to imports... purchase to read more

Industry Report - Industry Analysis Chapter

The Wooden Furniture and Upholstered Seat Manufacturing industry displayed slight growth over the past five years. However, this was largely due to high anomalistic growth in 2014-15 that resulted from strong demand from furniture retailing and building construction. The industry exhibited significant declines in revenue, employment and enterprises each year leading up to 2014-15 as it struggled to defend its market share from low-cost imports and the substitution for alternative furniture products, primarily metal, plastic and glass. Poor consumer sentiment and subdued demand from furniture retailing have also contributed to the weak performance of the industry... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Wooden Furniture and Upholstered Seat Manufacturing Industry?

Companies in the industry manufacture furniture out of wood (except built-in units), upholster seating with wooden or metal frames, and upholster wooden furniture. The manufacture of upholstered seats for transport equipment is also included in the industry.

Industry Products
Upholstered furnitureNon-upholstered wooden furnitureUpholstered seats for public transport
 
Industry Activities
Wooden bedroom suiteChair (except dental chairs)Wooden dining room and lounge suite furnitureWooden disassembled kitchen furnitureWooden disassembled furnitureLounge suiteWooden office furniture and outdoor furnitureUpholstered seatWooden tableUpholstered furniture


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