Industry Analysis & Industry Trends
The Wooden Furniture and Upholstered Seat Manufacturing industry is the largest industry in the furniture manufacturing sector, accounting for 60% to 70% of Australian furniture production and employment. Industry activity has trended sharply downwards since the mid-2000s as exchange rate appreciation has significantly eroded the capacity of local manufacturers to compete with imports and non-wooden furniture substitutes. The price of general furniture components, such as leather, textiles, metal fasteners and springs, has increased, while the price of imported furniture products has decreased.
Industry revenue is expected to total $2.5 billion in 2013-14, reflecting moderate growth by 2.2%... 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 locating in proximity to: transport facilities and retailers (to minimise transport costs and time delays); customers and competitors (in order to better read changes in market trends); a ready supply of skilled labour; and access to key suppliers of material inputs (such as component parts, leather and textiles).
New South Wales accounts for about 30% of industry employer enterprises which is marginally below the state's share of the national population and economic activity (31% to 33% annually). This indicates that local market demand is partly met by the inflow of furniture products from other states and imports... purchase to read more