The Australia office furniture market comprises furniture products such as office chairs, tables, desks, partitions, and storage furniture. The demand for office furniture in Australia is driven by the growth of the commercial real estate sector, increase in white-collar jobs, rapid urbanization, and growing preference for ergonomic and aesthetically pleasing furniture solutions. Office furnishings help create an efficient and productive work environment for employees.
They promote well-being by providing chairs compatible with the human form along with adjustable desks that allow workers to change posture frequently. Major players in the Australia Office Furniture Market industry offer products infused with the latest ergonomic designs and materials to prevent common issues like back pain and eyestrain.
The Australia Office Furniture Market is estimated to be valued at USD 1.14 Bn in 2024 and is expected to reach USD 1.44 Bn by 2031, growing at a compound annual growth rate (CAGR) of 2.4% from 2024 to 2031.
Key Takeaways
Key players operating in the Australia office furniture are Herman Miller, Steelcase Inc., Kokuyo, Haworth, and HNI Corporation. Herman Miller and Steelcase dominate around 30% of the market share owing to their wide portfolio and strong distribution networks across the region.
The demand for ergonomic office furniture is growing significantly with rising health concerns among employees due to prolonged sitting hours. Companies are increasingly investing in adjustable desks, special chairs, and other solutions that promote movement to boost worker wellness and productivity.
Major global furniture brands are expanding their presence in Australia through new manufacturing plants, collaborations with local vendors, and acquisitions. This allows them to address the specific needs of the Australian workplace and comply with domestic Standards more efficiently. Localization strengthens their service network andlast-mile delivery capabilities.
Market drivers
The rapid digital transformation of workplaces is a major driver for the Australia office furniture market. The growing popularity of activity-based workspaces and hybrid work models has increased demand for flexible, movable furniture units. Features like electric height-adjustable desks and storage cabinets on casters are gaining prominence. Furthermore, employers recognize the impact of workspace design on employee experience, collaboration, and retention. Thus, they are willing to invest more in ergonomic and aesthetically appealing furniture that enhances the overall work environment.
The current geopolitical situation has impacted the growth of the Australia office furniture market. With rising tensions between major powers, global trade has undergone significant changes in recent years. Many Australian companies that relied on imports for office furniture components have faced disruptions in supplies as import costs rise. This has prompted local manufacturers to boost domestic production. However, increasing raw material prices due to global inflation also pose a challenge. To sustain growth, Australian furniture makers will need to focus on design led innovation and adopt new technologies for mass customization. This will help boost demand from price sensitive customers. Strong partnerships with local and international retailers can further aid in penetrating smaller cities and expand market reach. Emphasis on sustainable manufacturing practices and green certification can assist in tapping eco-conscious customers. With stability in geo-economic conditions over the coming years, the Australia office furniture market is well placed to achieve steady expansion.
The eastern region of Australia, comprising states such as New South Wales and Victoria, accounted for the largest share of the office furniture market in value terms. The concentration of large corporations, businesses and government organizations in cities like Sydney and Melbourne has created a high demand for quality office furniture solutions. State of the art commercial office spaces, coupled with a strong services sector economy, have propelled the growth of this market in the east. Emerging cities in Western Australia state are witnessing rapid urbanization and infrastructure growth. As businesses look to establish operations near thriving mineral export hubs, the demand for office infrastructure is rising sharply. With projected stable economic conditions, Western Australia offers excellent opportunities and is expected to be the fastest growing region in the Australian office furniture market over the coming years.
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