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Furniture Retailing in Australia: Market Research Report

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

Furniture Retailing Market Research Report | ANZSIC G4211 | Apr 2013

Turning tables: Retailers must cater for changing consumer tastes to improve sales

IBISWorld’s Furniture Retailing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$8bn
Annual Growth 08-13
-0.4%
Annual Growth 13-18
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Profit
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Employment
21,654
Businesses
4,320
Industry Analysis & Industry Trends

Furniture retailers are expected to experience a challenging market over the five years through 2012-13, with sales falling by an annualised 0.4%. Trading conditions across the furniture market have been affected by volatility in the house construction market and fluctuations in disposable income, consumer sentiment and interest rates. The overall performance of furniture retailers during this period has also been affected by continued competition between industry players and also from external operators, namely department stores.

Industry revenue is forecast to grow by 1.3% to $8.03 billion in 2012-13. Consumer demand for furniture goods is expected to be driven by growth in disposable incomes of 3.4%... purchase to read more

Industry Report - Industry Locations Chapter

Driven by population levels and income distribution, New South Wales is estimated to account for the majority of industry establishments, followed by Victoria and Queensland. At the lower end of the scale, the Northern Territory and the Australian Capital Territory account for 1.0% respectively. A number of factors including market competitors, growth in population levels and the establishment of new residential estates has continued to affect the positioning of new stores as has the construction of home maker centres whereby lighting stores are located next to furnishing and bedding stores... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Furniture Retailing Industry?

Retailers in this industry sell furniture across a number of household categories, including bedroom, dining, lounge and kitchen. The sale of mattresses, blinds, awnings and antique reproduced furniture is also included in the industry. Industry retailers generally operate from large stores that enable them to showcase their product range. Both company-owned and franchised stores are included in the industry.

Industry Products
Bedroom furnitureLounge and dining room furnitureOutdoor and garden furnitureOther furnitureBlinds
 
Industry Activities
Reproduction antique furniture retailingAwnings retailingBlinds retailingHousehold furniture retailingMattress retailing


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