Furniture Retailing in Australia - Market Research Report

Furniture Retailing industry trends (2014-2019)

poll Average industry growth 2014–2019: 1.4%

Operators in the Furniture Retailing industry have faced a volatile market over the past five years. Rising discretionary income has boosted industry demand over the period, but periods of negative consumer sentiment have limited revenue growth. Difficult trading conditions have been intensified by declining demand from residential property construction over the past three years, due to growing fears of an oversupply of apartments in the market. As a result, industry revenue is only expected to grow at an annualised 1.4% over the five years through 2018-19, to reach $7.8 billion. This includes a decline of 3.9% in the current year, largely due to a decline in residential building construction. While the industry has benefited from periods of positiv...
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Furniture Retailing industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The Furniture Retailing industry is anticipated to continue growing over the next five years. Forecast increases in discretionary income and housing construction are likely to drive consumer demand for industry goods. However, a projected rise in interest rates is anticipated to reduce consumers spending power and hinder industry revenue growth over the period. In addition, higher monthly repayments will negatively affect the amount of industry merchandise sold and how much consumers can spend per item of furniture. Industry revenue is forecast to rise by an annualised X.X% over the five years through XXX-XX, to reach $X.X billion. Operating landscape Residential development activity is forecast to rise and capital expenditure on private dwellings...
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Furniture Retailing industry statistics

  • attach_money Market Size: $8bn
  • business Number of Businesses: 7,588
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 25,920

Biggest companies in the Furniture Retailing industry

The companies holding the largest market share in the Furniture Retailing in Australia industry include Harvey Norman Holdings Ltd, IKEA Pty Limited, Greenlit Brands Pty Ltd and BBQSAM Holdings Pty Ltd.

  • pie_chart Harvey Norman Holdings Ltd Market Share: x.x%
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  • pie_chart IKEA Pty Limited Market Share: x.x%
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  • pie_chart Greenlit Brands Pty Ltd Market Share: x.x%
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  • pie_chart BBQSAM Holdings Pty Ltd Market Share: x.x%
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What is Furniture Retailing industry?

Industry Definition

Industry firms retail household furniture, blinds, awnings and mattresses. Company-owned and franchised stores and online sales generated by industry operators are included in the industry. The industry excludes department stores, online-only retailers and auction websites.

Industry Products and Services

  • Bedroom furniture
  • Lounge and dining room furniture
  • Outdoor and garden furniture
  • Other furniture
  • Blinds and awnings

Industry Activities

  • Bedroom furniture retailing
  • Lounge and dining room furniture retailing
  • Blind and awnings retailing
  • Outdoor and garden furniture retailing
  • Other furniture retailing

Market research report - table of contents

Industry Definition

Industry firms retail household furniture, blinds, awnings and mattresses. Company-owned and franchised stores and online sales generated by industry operators are included in the industry. The industry excludes department stores, online-only retailers and auction websites.

Main Activities

  • Bedroom furniture retailing
  • Lounge and dining room furniture retailing
  • Blind and awnings retailing
  • Outdoor and garden furniture retailing
  • Other furniture retailing

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Real household discretionary income reflects the income of consumers after accounting for essential expenses. Rising discretionary income broadens the typ...
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Real household discretionary income
Consumer sentiment index
Demand from residential building construction
10-year bond rate

Current Performance

Profit and competition
 Chart: Revenue Growth

Industry Outlook

Profit and competition
Industry innovation
 Table: Furniture Retailing in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Furniture Retailing in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Consumers in Australia






Key Selling Industries

Wooden Furniture and Upholstered Seat Manufacturing in Australia
Metal Furniture Manufacturing in Australia
Mattress Manufacturing in Australia
Wicker and Fibreglass Furniture Manufacturing in Australia
Furniture and Floor Covering Wholesaling in Australia


Products & Services

Industry products can be segmented into different categories, dependent on the intended location in the home. This includes lounge and dining room furnitu...
Fourth income quintile
Third income quintile
Second income quintile
Lowest income quintile


Demand Determinants

Demand for the industry's products is affected by trends in household discretionary income, consumer sentiment, interest rates and the house construction ...
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Major Markets

Fourth income quintile
Third income quintile
Second income quintile
Lowest income quintile



 Chart: Major Market Segmentation for the Furniture Retailing in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Furniture Retailing industry exhibits moderate market share concentration, with the top four players estimated to account for just over 60% of revenue...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Furniture Retailing in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Furniture Retailing in Australia - Market Research Report Industry

Industry Globalization

Founded in 1982, Harvey Norman Holdings Ltd franchises to independent businesses that trade under the Harvey Norman brand. Franchisees sell products acros...
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Harvey Norman

 Table: Harvey Norman - financial performance

IKEA

 Table: IKEA - financial performance

Greenlit Brands

 Table: Greenlit Brands - financial performance

BBQSAM

 Table: BBQSAM - financial performance

Capital Intensity

The Furniture Retailing industry exhibits a low level of capital intensity. For every dollar spent on capital costs, an estimated $8.73 will be spent on w...
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 Chart: Level of Capital Intensity for the Furniture Retailing in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Furniture Retailing in Australia Industry

Industry Revenue (2007-2025)
Industry Gross Product (2007-2025)
Establishments (2007-2025)
Businesses (2007-2025)
Employment (2007-2025)
Exports (2007-2025)
Imports (2007-2025)
Wages (2007-2025)
Domestic Demand (2007-2025)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

AUGMENTED REALITY

POINT OF SALE (POS)

RADIO FREQUENCY IDENTIFICATION (RFID)

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Furniture Retailing industry?

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This report on Furniture Retailing in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Furniture Retailing in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

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