Australia Home Furniture Market

Australia Home Furniture Market Overview:

The Australia home furniture market size reached USD XX Million in 2024. Looking forward, IMARC Group expects the market to reach USD XX Million by 2033, exhibiting a growth rate (CAGR) of XX% during 2025-2033. The market is driven by rising preferences for open plan living and multifunctional layouts in modern homes, along with the growing reliance on online platforms to discover new brands and compare styles.

Australia Home Furniture Market Trends:

Increasing construction activities

Rising construction activities are offering a favorable Australia home furniture market outlook. As per the IMARC Group, the Australia construction market size was valued at USD 403.2 Billion in 2024. As more residential projects are being developed to accommodate the growing population and urban expansion, the demand for furnishing new homes is increasing. Newly built houses, apartments, and townhouses require a wide assortment of furniture, inculcating bedroom furniture, dining pieces, living room sets, and storage units. This rising need is promoting the local furniture manufacturing. As homeowners are seeking to furnish their spaces with modern, functional, and stylish pieces, furniture brands are responding with diverse item offerings. High construction activity also aligns with user spending patterns, wherein individuals are more inclined to invest in interior aesthetics once they move into new spaces. Moreover, the growing preferences for open-plan living and multifunctional layouts in modern homes are encouraging purchases of modular and space-saving furniture. Rising homeownership among younger generations is also supporting this trend, as they are more likely to personalize their homes with curated furniture.

Rising influence of social media

The increasing influence of social media is fueling the Australia home furniture market growth. With an increasing number of social media users across different age groups, people are increasingly exposed to a wide variety of interior design ideas and furniture styles. According to industry reports, by January 2024, there were roughly 20.8 Million individuals using social media in Australia, which represented about 76% of the population. Social media platforms are exposing users to the latest interior design trends, encouraging them to update their living spaces with modern and aesthetically pleasing furniture. Social media influencers, home décor bloggers, and content creators frequently showcase furniture setups, do it yourself (DIY) hacks, and styling tips, which motivates followers to recreate similar looks in their own homes. This visual exposure is increasing awareness and demand for stylish, functional, and trendy pieces. Younger consumers, in particular, often rely on online platforms to discover new brands and compare styles, leading to more informed and design-based purchases. Many furniture retailers and manufacturers are also leveraging social media to market their products directly to people, using targeted ads and user-generated content. The ease of shopping through integrated e-commerce links on social platforms is further boosting sales.

Australia Home Furniture Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional level for 2025-2033. Our report has categorized the market based on type and distribution channel.

Type Insights:

• Living Room Furniture
• Dining Room Furniture
• Bedroom Furniture
• Kitchen Furniture
• Others

The report has provided a detailed breakup and analysis of the market based on the type. This includes living room furniture, dining room furniture, bedroom furniture, kitchen furniture, and others.

Distribution Channel Insights:

• Home Centers
• Flagship Stores
• Specialty Stores
• Online
• Others

A detailed breakup and analysis of the market based on the distribution channel have also been provided in the report. This includes home centers, flagship stores, specialty stores, online, and others.

Regional Insights:

• Australia Capital Territory & New South Wales
• Victoria & Tasmania
• Queensland
• Northern Territory & Southern Australia
• Western Australia

The report has also provided a comprehensive analysis of all the major regional markets, which include Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, and Western Australia.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Australia Home Furniture Market News:

• In April 2025, IKEA introduced the eighth iteration of the STOCKHOLM collection in Australia. The new version featured the largest collection to date with 96 elegantly crafted items. It inculcated an array of furniture, textiles, lighting, and accessories for every part of home, including eye-catching sofas, handwoven wool rugs, mouthblown glass vases, and ceramic dishware.
• In December 2024, Enza Home, the prominent furniture retailer, opened its first Australian showroom in Melbourne. The flagship store, covering 1500sqm, was inaugurated at Ringwood and showcased a variety of sofas, dining sets, bedroom furnishings, lighting, and home textiles.

Australia Home Furniture Market Report Coverage:

Key Questions Answered in This Report:

• How has the Australia home furniture market performed so far and how will it perform in the coming years?
• What is the breakup of the Australia home furniture market on the basis of type?
• What is the breakup of the Australia home furniture market on the basis of distribution channel?
• What is the breakup of the Australia home furniture market on the basis of region?
• What are the various stages in the value chain of the Australia home furniture market? 
• What are the key driving factors and challenges in the Australia home furniture market?
• What is the structure of the Australia home furniture market and who are the key players?
• What is the degree of competition in the Australia home furniture market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Australia home furniture market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Australia home furniture market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Australia home furniture industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.