Industry Analysis & Industry Trends
The Wooden Furniture and Upholstered Seat Manufacturing industry is the largest in the furniture manufacturing sector, accounting for 60% to 70% of Australian furniture production and employment. However, the industry has endured a sharp decline since the since the mid-2000s. An appreciating Australian dollar through to a peak in 2012-13 significantly eroded the capacity of local manufacturers to compete with imports and non-wooden furniture substitutes.
Domestic demand for wooden and upholstered furniture products is expected to currently total $4.3 billion, representing a marginal decline over the five years through 2015-16. However, imports now capture a greater share of domestic demand at the expense of local manufacturing... 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 (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 30.4% of industry employer enterprises, which is roughly consistent with the state's share of the national population and economic activity. The local market is partly met by the inflow of furniture products from other states and imports... purchase to read more