Home Furnishings in Australia

May 2024 | 20 pages | ID: HBC29231A1CEN
Euromonitor International Ltd

Abstracts

Despite a marginal decline for home furnishings in Australia in 2023, value sales remained above pre-pandemic levels. The Australian housing landscape, particularly in urban areas, is witnessing a rise in compact apartments and houses. This trend, combined with increasing real estate prices, has placed a premium on maximising living space. Recognising this shift, in 2023, Australians gravitated towards furniture that served multiple purposes, prioritising functionality over clutter.

Euromonitor International's Home Furnishings in Australia report offers a comprehensive guide to the size and shape of market demand at a national level. It provides the latest retail sales data (historic date range), allowing you to identify the categories driving growth. It also identifies the leading companies and their brands, and offers strategic analysis of key factors influencing demand - from new product developments, consumer lifestyles, route to market and pricing issues. Forecasts to 2028 illustrate how market demand is expected to evolve in the medium-term

Product coverage: Indoor Living, Lighting, Outdoor Living.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the Home Furnishings market;
• Pinpoint growth sectors and identify factors driving change;
• Understand the competitive environment, the market’s major players and leading brands;
• Use five-year forecasts to assess how the market is predicted to develop.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Contents

Home Furnishings in Australia
Euromonitor International
May 2024

LIST OF CONTENTS AND TABLES

HOME FURNISHINGS IN AUSTRALIA
KEY DATA FINDINGS

2023 DEVELOPMENTS

Smaller living spaces fuel demand for multifunctional furniture in Australia
Ikea navigates cost pressures, leading to share gain and sales growth
E-commerce reaches distribution high within home furnishings
PROSPECTS AND OPPORTUNITIES
Home furnishings likely to be driven by eco-consciousness trend
Smart home technology integration likely to emerge in home furnishings
CATEGORY DATA
Table 1 Sales of Home Furnishings by Category: Value 2018-2023
Table 2 Sales of Home Furnishings by Category: % Value Growth 2018-2023
Table 3 NBO Company Shares of Home Furnishings: % Value 2019-2023
Table 4 LBN Brand Shares of Home Furnishings: % Value 2020-2023
Table 5 LBN Brand Shares of Light Sources: % Value 2020-2023
Table 6 Distribution of Home Furnishings by Format: % Value 2018-2023
Table 7 Forecast Sales of Home Furnishings by Category: Value 2023-2028
Table 8 Forecast Sales of Home Furnishings by Category: % Value Growth 2023-2028
HOME AND GARDEN IN AUSTRALIA
EXECUTIVE SUMMARY
Home and garden in 2023: The big picture

2023 KEY TRENDS

Competitive landscape
Retailing developments
What next for home and garden?
MARKET DATA
Table 9 Sales of Home and Garden by Category: Value 2018-2023
Table 10 Sales of Home and Garden by Category: % Value Growth 2018-2023
Table 11 NBO Company Shares of Home and Garden: % Value 2019-2023
Table 12 LBN Brand Shares of Home and Garden: % Value 2020-2023
Table 13 Penetration of Private Label in Home and Garden by Category: % Value 2018-2023
Table 14 Distribution of Home and Garden by Format: % Value 2018-2023
Table 15 Distribution of Home and Garden by Format and Category: % Value 2023
Table 16 Forecast Sales of Home and Garden by Category: Value 2023-2028
Table 17 Forecast Sales of Home and Garden by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
Summary 1 Research Sources