Australia Living and Dining Room Furniture Market Size, Share and Growth Analysis Report: Forecast Trends and Outlook (2024-2032)

The Australia living and dining room furniture market is driven by residential as it enhances individuals' lifestyles and promotes comfort and functionality while reflecting individuals' tastes and preferences.

The growth of Australia living and dining room furniture market is further aided by the comfortable seating options and storage facilities for these furniture items. There are various types of living and dining room furniture such as coffee tables, sofas and couches, dining tables, and dining room lighting. It is perceived as functional and decorative elements which provide functionality and style to living and dining rooms.

According to the Australian Bureau of Statistics (ABS), household spending on furnishings and household equipment in Tasmania and the Australian capital territory grew by 14.8% and 6.2% in February 2024, thus stimulating the Australia living and dining room furniture market growth.

The growing focus on changing lifestyles in consumers has been stimulating the market demand, for smaller living spaces and apartments which generates the need for multifunctional and space-saving furniture. Designs such as convertible sofas and extendable dining tables which maximise space utilization and functionality without compromising style or comfort are increasingly demanded. There has been growing integration of online retail platforms which offers a wide selection of furniture options with competitive which has been instrumental in driving the Australia living and dining room furniture market.

Australia Living and Dining Room Furniture Market Share

Departmental stores offer convenience and a wide range of choices, appealing to customers seeking immediate availability and in-person shopping experiences. Independent furniture retailers often provide personalised service and unique selections, attracting customers looking for specialized items and expert advice. Online channels increasingly dominate by offering convenience, extensive variety, and competitive pricing, appealing particularly to tech-savvy consumers who prefer browsing and purchasing from the comfort of their homes.

Leading Companies in the Australia Living and Dining Room Furniture Market

The growth of the living and dining room furniture market is fuelled by changes in lifestyles, increasing household spending on furnishing and household equipment, and increasing need for multifunctional and space-saving furniture.

• Ashley Furniture Industries, Inc.
• Inter IKEA Systems B.V.
• Haworth Inc.
• MillerKnoll, Inc.
• FHG, Jardan
• La-Z-Boy Inc.