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Australia Office Furniture Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

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  • 130 Pages
  • January 2022
  • Region: Australia
  • Mordor Intelligence
  • ID: 5119410
UP TO OFF until Sep 30th 2023

Office Furniture includes desks, office chairs, storage cabinets and other items typically found in a workplace environment. The demand for office furniture is increasing due to the rising number of office spaces and employees. Inflow of multinational companies in Australia has resulted in increasing demand for fully furnished offices in the country thus increasing the demand of office furniture. Furthermore, the rise in urbanization generated increased demand for furniture from office sector. Manufacturers are offering advanced and innovative designed furniture which are healthier, comfortable, and technologically enhanced. The shrinking workspace coupled with the evolving consumer demands and the increasing number of start-ups has boosted the demand for multifunctional and customized office furniture. Moreover, smart furniture is expected to gain significant growth in the forecast period.

Key Market Trends

Rise in Commercial Space Construction

Office furniture can be found in various commercial places. Office desks, office chairs, and office storage are some of the majorly used office furniture. Rising commercial construction activities are paving the way for the growth of the Australia office furniture market. Growth in commercial and office building construction and remodeling activity is anticipated to raise demand as companies furnish new office spaces. An increase in the number of corporate offices owing to the rapid construction of commercial zones is creating a demand for modernized office furniture across the region. Further, the establishment of new office spaces is expected to be the key factor behind the growth of the office furniture market during the forecast period.

Raising Number of Employees is Driving the Market for Office Furniture

The demand for office furniture is increasing due to increasing employment and emergence of new office spaces across the region. Increasing focus towards employee’s comfort in the workspace in the highly competitive world is the primary factor driving the Australia office furniture market growth. The preference for customized furniture is also growing among end-users as it provides added functionality and comfort and has a positive impact on the employee’s efficiency and creativity. With the increasing number of employed people across the region, the demand for new offices is also increasing. Further, new employment opportunities are believed to escalate the growth of the office furniture market.

Competitive Landscape

The report covers major international players operating in the Russia Office Furniture Market. In terms of market share, some of the major players currently dominate the market. However, with technological advancement and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and by tapping new markets.

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

This product will be delivered within 2 business days.

Table of Contents

1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Value Chain / Supply Chain Analysis
4.5 Porters 5 Force Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers/Consumers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
4.6 Impact of COVID-19 on the Market
5.1 Material
5.1.1 Wood
5.1.2 Metal
5.1.3 Plastic
5.1.4 Other Materials
5.2 Product
5.2.1 Seating (Office Chairs, Guest Chairs, Stools, Sofa, Others)
5.2.2 Storage Units (Bins & Shelves, Cabinets, Others)
5.2.3 Tables (Conference Tables, Occasional Tables, Others)
5.2.4 Others
5.3 Distribution Channel
5.3.1 Offline
5.3.2 Online
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Fursys
6.2.2 BFX Furniture
6.2.3 AMS Furniture
6.2.4 Aspen Commercial Interiors
6.2.5 Emanate Design
6.2.6 Krost Business Furniture
6.2.7 Advanta
6.2.8 Diami
6.2.9 Progressive Office Furniture
6.2.10 Matic Furniture
6.2.11 Alpha Office Furniture
6.2.12 Burgtec

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Fursys
  • BFX Furniture
  • AMS Furniture
  • Aspen Commercial Interiors
  • Emanate Design
  • Krost Business Furniture
  • Advanta
  • Diami
  • Progressive Office Furniture
  • Matic Furniture
  • Alpha Office Furniture
  • Burgtec