The furniture industry in Australia refers to businesses involved in the manufacturing and retailing of furniture, including various types of household, office, and outdoor furniture, as well as bedding and other related products.
According to IBISWorld, the furniture retailing industry in Australia generated an estimated revenue of AUD 9.9 billion in 2021. The industry has experienced moderate growth over the past five years, with revenue increasing at an annualized rate of 2.5% between 2016 and 2021. However, the industry was negatively impacted by the COVID-19 pandemic in 2020, with revenue declining by an estimated 2.2%.
Some of the major players in the furniture industry in Australia include Harvey Norman Holdings Limited, Nick Scali Limited, and Fantastic Holdings Limited. These companies operate across various product categories and serve various end-use industries.
The furniture industry in Australia faces various challenges, including changing consumer preferences, increasing competition from online retailers, and increasing pressure to adopt sustainable and ethical business practices. However, the ongoing trend towards innovation and the development of new and more sustainable products, as well as the growing demand for high-quality and customized furniture, are expected to drive growth opportunities for the industry in the future.
What kind of contacts Buy Data List provide for Furniture?
Buy Data List offers contacts in all seniorities for your needs. From Owners, Directors, Chief Level, to Managers in different job functions such as Finance, Sales, Marketing, Operations, Procurement and many more.
Is data for Furniture free to download?
How does Buy Data List gather information for Furniture contacts?
Buy Data List uses various tools to extract data from various sources which are available in the public domain. We then validate the gathered data with our tools and manual efforts by our team, to make sure you always get the accurate data. We have helped multiple clients and their Sales team so that they can focus on their marketing strategies instead of worrying about finding the right target prospects.