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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

IBISWorld’s Wooden Furniture and Upholstered Seat Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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 Locations Chapter

Total distribution of industry activity generally corresponds with the distribution of population and economic activity. Manufacturers favour locations close to transport facilities and retailers, to minimise transport costs and time delays; customers and competitors, to better read changes in market trends; a ready supply of skilled labour; and key suppliers of material inputs, such as component parts, leather and textiles.

Victoria has traditionally been an important centre for the industry. The state's relatively high population density and established manufacturing base offer industry participants greater opportunity to obtain economies of scale and sell production either locally or interstate... 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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