Australia Furniture and Home Furnishings Market Size, Growth & Trends (2025–2034)

The Australia furniture and home furnishings market is undergoing a steady transformation as consumer preferences shift toward comfort, aesthetics, and sustainability. The rise of remote work, growing interest in home décor, and increasing real estate investments have driven demand for quality furniture and home furnishing products across the country. Whether it's modular sofas, ergonomic chairs, or sustainable wooden fixtures, Australian consumers are focusing more on style and utility.

With urbanization and lifestyle upgrades, there is rising demand for multifunctional furniture, smart storage solutions, and eco-conscious home décor. Additionally, the growing popularity of online furniture shopping has led retailers to strengthen their e-commerce presence, further boosting market accessibility and product variety.

Australia Furniture and Home Furnishings Market Size

The Australia furniture and home furnishings market reached a value of USD 9.04 billion in 2024. Supported by rising disposable incomes, rapid housing development, and growing urban populations, the market is expected to register a CAGR of 4.50% from 2025 to 2034, reaching nearly USD 14.04 billion by 2034.

The growth is not limited to just urban areas—regional markets are also seeing increased demand due to rising internet penetration and logistics expansion, enabling access to home furnishings across the country.

Australia Furniture and Home Furnishings Market Trends

The market is being influenced by several evolving consumer and industry trends:

• Sustainable and Eco-Friendly Materials: There is growing demand for furniture made from recycled wood, bamboo, and other sustainable materials. Buyers are increasingly eco-conscious and willing to pay more for environmentally responsible products.

• Smart Furniture: With the integration of technology into everyday life, smart desks, charging-integrated side tables, and voice-controlled lighting fixtures are gaining traction.

• Customizable Products: Consumers are seeking personalized and modular furniture that fits specific spaces and lifestyles. Many brands now offer made-to-order services to cater to individual tastes.

• Online Furniture Retailing: E-commerce platforms and mobile apps are becoming dominant sales channels, offering virtual showrooms, AR-based room planners, and better product visualization.

• Compact and Multipurpose Designs: Urban homes with limited space are creating demand for convertible and foldable furniture like sofa beds, storage ottomans, and extendable dining tables.

Australia Furniture and Home Furnishings Market Growth Drivers

• Rising Residential Construction: Continued investment in housing and apartment development across metro and suburban areas is fueling demand for indoor and outdoor furniture.

• Work-from-Home Culture: The shift to hybrid and remote working models has increased demand for home office furniture, including ergonomic chairs, desks, and lighting solutions.

• Interior Design Trends: Influencers, TV shows, and social media platforms like Pinterest and Instagram are shaping consumer buying patterns, inspiring frequent home makeovers.

• Increased Spending on Home Improvement: With more time spent indoors, consumers are investing in enhancing the comfort and appeal of their living spaces.

• Government Housing Support Schemes: Federal and state-level incentives for first-time homeowners are indirectly supporting furniture sales.

Australia Furniture and Home Furnishings Market Segmentation

Breakup by Type

• Home Furnishing

• Furniture

Breakup by Store Type

• Inclusive Retailers / Dealers

• Exclusive / Retail Showrooms

Breakup by Ownership

• Independent Stores

• Retail Chains

Australia Furniture and Home Furnishings Market Forecast (2025–2034)

The market is expected to maintain consistent momentum, with increased digitalization, rising customization, and demand for sustainable solutions driving future sales. Online and omnichannel retail models are likely to dominate, while AR/VR technologies will improve customer engagement and personalization.

By 2034, the market is projected to grow to USD 14.04 billion, offering growth opportunities across all categories—living room furniture, bedroom furniture, dining sets, kitchen furnishings, and decorative accessories.

Companies will focus on product innovation, environmentally friendly materials, and logistics optimization to meet changing consumer expectations and improve delivery times.

Competitive Landscape

The Australia furniture and home furnishings market features a mix of international giants and strong domestic brands. Competition revolves around quality, design innovation, delivery capability, and sustainability.

Ashley Furniture Industries, Inc.: A global leader in home furniture, Ashley Furniture offers a wide range of living room, bedroom, and dining room sets. Their affordable luxury appeal makes them popular among Australian homeowners.

Harvey Norman Holdings: An established Australian retail chain, Harvey Norman offers a wide selection of furniture, bedding, and homewares through both brick-and-mortar stores and online platforms, catering to both budget and premium segments.

MillerKnoll, Inc.: Known for its premium and designer furniture offerings, MillerKnoll provides ergonomic office solutions and stylish home furnishings, serving the growing WFH and interior décor segments.

Inter IKEA Systems B.V.: IKEA continues to dominate the affordable furniture market with ready-to-assemble, space-saving designs. Its sustainable practices and in-store experiences remain key strengths.

Haworth Inc.: Haworth delivers workspace and home office furniture solutions with a focus on modular design and ergonomics, aligning with modern work environments.

Other Players: Other key players include Fantastic Furniture, Nick Scali, Koala, King Living, and Temple & Webster. These companies are strengthening online operations, offering flexible delivery, and promoting eco-friendly practices to stay competitive.