AUSTRALIA OFFICE FURNITUREMARKET 2026
AUSTRALIA OFFICE FURNITUREMARKET Size, Share, Growth, Trend & Forecast 2026
2016 – 2026 AUSTRALIA OFFICE FURNITURE MARKET FORECAST & OPPORTUNITIES www.techsciresearch.com MARKET INTELLIGENCE . CONSULTING
Scope of Report Product of Interest (POI): Office Furniture Office furniture is an important part of office management; it is mostly used for indoor activity. Employees working in the office should be provided with comfortable and convenient furniture so that they can work efficiently. The major and most popular office furniture are chair, table, cabinets, cupboards, sofas, racks etc. office furniture are commoninall offices. Market Segmentation TYPE POINT OF SALE Year Range • Chairs • Exclusive Showrooms • Desks • Supermarkets/Hypermarkets • Filing Cabinets & • Online Review Period Lockers • Others (Furniture Retail 2016 – 2019 • Others (Workstations, Outlets, Traditional stores, Conference Tables, etc.) Base Year etc) 2020 REGION RAW MATERIAL • New South Wales Estimated Year • Wood • Victoria 2021 • Metal • Queensland • Western Australia Forecast Period • Plastic • South Australia 2022 – 2026 • Others (Bamboo, • Tasmania Cane, etc.)) • Northern Territory 2
Table of Contents S. No. Contents Page No. 1. Product Overview (Definition of product and major terminologies used in the report) 2. Research Methodology (Detailed description of the methodology used to conduct the research, Raw data backup, list of all secondary sources, List of respondents for primary surveys) 3. Executive Summary 4. Impact of COVID-19 on Australia Office Furniture Market 5. Australia Office Furniture Market Outlook, 2016-2026 5.1. Market Size & Forecast 5.1.1. By Value 5.2. Market Share & Forecast 5.2.1. By Type (Chairs, Desks, Filing Cabinets & Lockers, Others (Workstations, Conference Tables, etc.) 5.2.2. By Point of Sale (Exclusive Showrooms, Supermarkets/Hypermarkets, Online, Others (Furniture Retail Outlets, Traditional stores, etc.) 5.2.3. By Raw Material (Wood, Metal, Plastic, Others (Bamboo, Cane, etc.)) 5.2.3. By Region 6.2.4. By Company 5.3. Market Attractiveness Index (By Type) 3
Table of Contents S. No. Contents Page No. 6. Australia Wood Office Furniture , 2016-2026 6.1. Market Size & Forecast 6.1.1. By Value 6.2. Market Share & Forecast 6.2.1. By Type 6.2.2 By Point of Sale 7. Australia Metal Office Office Furniture , 2016-2026 7.1. Market Size & Forecast 7.1.1. By Value 7.2. Market Share & Forecast 7.2.1. By Type 7.2.2 By Point of Sale 8. Australia Plastic Office Furniture Market Outlook, 2016-2026 8.1. Market Size & Forecast 8.1.1. By Value 8.2. Market Share & Forecast 8.2.1. By Type 8.2.2. By Point of Sale 4
Table of Contents S. No. 4Contents Page No. 9. Market Dynamics 13.1. Drivers 13.2. Challenges 10. Market Trends & Developments 11. Policy & Regulatory Landscape 12. Export & Import Analysis 13. Australia Economic Profile 14. Competitive Landscape 14.1. Company Profiles (Top 10 Global Player) 14.1.1. Company Details 14.1.2. Products & Services 14.1.3. Financials (As Reported) 14.1.4. Key Market Focus & Geographical Presence 14.1.5. Recent Developments 14.1.6. Key Management Personnel 5
Table of Contents S. No. Contents Page No. 15. Strategic Recommendations (Based on the findings of the report strategic recommendations on how to enter and expand market share) 16. About Us & Disclaimer 6
RESEARCH METHODOLOGY
Research Methodology Market Formulating Developing List Data Data Data Profiling Questionnaire of Respondents Collection Validation Analysis In-depth secondary In order to conduct List of industry TechSci conducted Data obtained as a The data was scrutinized research was conducted to industry experts’ players and industry interviews with result of primary using MS-Excel, statistical determine top players in interviews, TechSci specialists was industry experts and and secondary tools and internal Australia office furniture formulated a detailed developed. industry players for research was proprietary database to market, overall market size discussion guide. data collection and validated through obtain qualitative and and segmental market size. verification. rigorous quantitative insights about triangulation. Australia office furniture market. Primary Research Desk Research Company Analysis ✓ Identifying Key Opinion ✓ Recent Developments ✓ Market Participants Data Data Filter Research & Actionable Business ✓ Market Changing ✓ Key Strengths Collection & Analysis Intelligence Insights Solution Leaders Aspects/Dynamics ✓ Questionnaire Design ✓ Government Policies ✓ In-depth Interviews ✓ Conclusion Primary Research Secondary Paid Sources Research ✓ LinkedIn ✓ Company Websites ✓ Factiva ✓ TechSci Internal ✓ Company Annual ✓ Hoovers Database Reports ✓ White Paper Study ✓ Financial Reports ✓ Investor Presentations ✓ Regulatory Body ✓ Associations, etc. 8
Research Methodology Baseline Methodology Our dedicated team of industry experts has monitored and analyzed various aspects of Australia office furniture market. The team has analyzed the outlook of various segments of this market, while considering the major influencing factors such as growing demand for office furniture sets. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in Australia office furniture market. Methodology Followed forCalculation of Market Size: • Market Size by Value: Market size, in terms of value, for the year 2020 was calculated based on information collected through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as office furniture companies, channel partners, end-user industry experts, and other industry participants. • The team interviewed more than 15-20 office furniture market companies, 100 – 120 end use industries, and 15 – 20 industry experts and other value chain stakeholders in Australia office furniture market to obtain the overall market size for 2016-2020, which was validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data for 2016-2020. 9
Research Methodology • Respondents were asked about the current and future market growth rates, market shares by type, by point of sales, by raw material, by region and by company. Removing the outlier responses, the geometric mean of growth estimates and provider wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segmentswerefurthertriangulated from other stakeholders. Methodology Followed forCalculation of Market Shares: • Market shares by type, by point of sales, by raw material, by region and by company were calculated based on the responses received through primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from various segments of office furnitures market. The final shares were calculated by taking the geometric mean of the responses gathered from keyopinionleadersafter eliminating the outliers. Methodology Followed forForecasting: • TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in SPSS/TableauSoftware. • Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast Australia office furniture market, TechSci Research used various forecast techniques such as: ✓ Moving Average ✓ Time Series Analysis ✓ Regression Analysis ✓ Econometric and Judgmental Analysis 10
Research Methodology TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during short, medium and long- term period to estimate and analyse market demand scenario. It should be noted that the figures compiled are only for the organized market including market share data. Partial List of Companies Interviewed Key Secondary Sources ▪ IKEA Pty Limited ▪ World Bank ▪ Steelcase Australia Pty. Ltd ▪ TechSci Research Proprietary Database & Knowledge ▪ Herman Miller (Aust.) Proprietary Limited Repository ▪ Haworth Australia Pty Limited ▪ Company Annual Reports ▪ Greenlit Brands Pty Limited ▪ IndustryMagazines ▪ HNI Corporation ▪ Industry Reports ▪ Knoll Inc. ▪ News Dailies ▪ SebelPty Ltd. ▪ Credible Paid Databases ▪ Schiavello Group Pty. Ltd ▪ Harvey Norman Holdings Limited ▪ BfxAustralia Pty Ltd ▪ AmartFurniture Pty Ltd ▪ D DK Commercial Interiors Pty Ltd ▪ BentonsKitchens Pty Ltd ▪ AKD Softwoods Pty Ltd ▪ Chiswell Furniture Pty Ltd ▪ Forty Winks Franchising Pty Ltd ▪ FurnwareGroup Pty Ltd ▪ Fuller Furniture © TechSci Research 11
Industry Brief According to TechSci report on, “Australia Office Furniture Market By Type (Chairs, Desks, Filing Cabinets & Lockers, Others {Workstations, Conference Tables, etc.}) By Point of Sale (Exclusive Showrooms, Supermarkets/Hypermarkets, Online, Others {Furniture Retail Outlets, Traditional stores, etc.}) By Raw Material (Wood, Metal, Plastic, Others {Bamboo, Cane, etc.}) By Region, Competition Forecast & Opportunities, 2026”, Australia office furniture market has shown promising growth in historical years until 2019 and is expected to continue its growth in upcoming forecast years 2021 to 2026. Australia office furniture market owes its growth to the factors like surge in the demand of the office furniture due to rising number of office premises in the country. Moreover, the rising number of variant furniture like desks, chairs, office work-stations, and filing cabinets & lockers are anticipated to drive the growth of the Australia office furniture market in the upcoming five years. Also, increasing constructions of offices, residential, and commercial complexes are actively influencing the growth of the Australia office furniture market in the future five years. The office furniture is also in demand for the students as well as the fulfillment of the office at home premises. Due to all the aforementioned growth factors, the Australia office furniture market is anticipated to grow impressively with an anticipated CAGR in the upcomingfive years. Office furniture includes, all sorts of office tables, chairs, desks, clerical desks, file cabinets, lounge seating and computer desks. Any furnishing that is free standing and usually does not require installation with component parts. Moreover, due to the recent pandemic, work from home culture has prevailed and is anticipated to rise in the upcoming years too. This culture will support the growth of the market too in the upcoming five years. TheAustralia office furniture market is segmented by type, point of sale, raw material, regional distribution, and competitional landscape. Based on point of sale, the market is further bifurcated into exclusive showrooms, supermarkets/hypermarkets, online, others (furniture retail outlets, traditional stores, etc.). The supermarkets/ hypermarkets are anticipated to hold the largest revenue shares of the market and is expected to assert its dominance over the market in the next five years due to highest sales from the respective point of sale as the availability of wide range of product and pricing options are available in these outlets. Moreover, online point of sales is expected to register the fastest growth with fastest CAGR in the next five years due to internet penetration. Also, the inclination of e-commerce toward the online platform due to pandemic as well as consumer preference toward online available products is expected to support the robust growth of the market in the upcoming five years. Based on type, the market is further bifurcated into chairs, desks, filing cabinets & lockers, others (workstations, conference tables, etc.). Desks and chairs are anticipated to hold the largest shares of the market and assert its dominance over the market in the next five years on the account of increasing work-spaces and office culture expanding in the country. Moreover, the furniture is an ever demanded product for the stable office culture. The rising demand is expected to grow along with the growth of the Australia office furniture market in the upcoming five years. Apartial list of market player in the Australia office furniture market includes, IKEA Pty Limited, Steelcase Australia Pty. Ltd, Herman Miller (Aust.) Proprietary Limited, Haworth Australia Pty Limited, Greenlit Brands Pty Limited, HNI Corporation, Knoll Inc., Sebel Pty Ltd., Schiavello Group Pty. Ltd, Harvey Norman Holdings Limited, Bfx Australia Pty Ltd, Amart Furniture Pty Ltd, D D K Commercial Interiors Pty Ltd, Bentons Kitchens Pty Ltd, AKD Softwoods Pty Ltd, Chiswell Furniture Pty Ltd, Forty Winks Franchising Pty Ltd, Furnware Group Pty Ltd, Fuller Furniture, among others. These market players hold larger shares of the market than the new market players. With the advancement of the technology, it is appropriate to say that the effective research and development of the technologically advanced office furniture would support the market growth and benefit the market players as well as the consumers. New market players may focus on the research and development to provide products that satisfies the consumer demand as well as benefits the market players in building their brand value. Other competitive strategies include mergers & acquisitions and new product developments. “Australia office furniture market is expected to grow due to increasing demand of office at home culture. Moreover, the rapidly increasing modern furniture demandis anticipated to aid the growth of the market in the upcoming five years,” said Mr. Karan Chechi, Research Director with TechSci Research, a research basedglobal managementconsulting firm. 12
Sample Data -Snapshot Australia Office Furniture Market Size, By Value (USD Million), 2016-2026F 15.00 11.00 12.00 13.00 14.00 7.00 8.00 9.00 10.00 5.00 6.00 2016 2020 2021E 2026F CAGR BY VALUE: XX% By Value (USD Million) CAGR BY VALUE: XX% Australia Office Furniture Market Share, By Type, By Value, 2016–2026F Chairs Desks Filing Cabinets & Lockers Others 2026F 20% 20% 20% 40% 2025F 20% 20% 20% 40% 2024F 20% 20% 20% 40% 2023F 20% 20% 20% 40% 2022F 20% 20% 20% 40% 2021E 20% 20% 20% 40% 2020 20% 20% 20% 40% 2019 20% 20% 20% 40% 2018 20% 20% 20% 40% 2017 20% 20% 20% 40% 2016 20% 20% 20% 40% Australia Wood Office Furniture Market Share, By Point of Sale, By Value, 2016–2026F Exclusive Showrooms Supermarkets/Hypermarkets Online Others 2026F 20% 20% 20% 40% 2025F 20% 20% 20% 40% 2024F 20% 20% 20% 40% 2023F 20% 20% 20% 40% 2022F 20% 20% 20% 40% 2021E 20% 20% 20% 40% 2020 20% 20% 20% 40% 2019 20% 20% 20% 40% 2018 20% 20% 20% 40% 2017 20% 20% 20% 40% 2016 20% 20% 20% 40% 13
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