The Australia furniture market, valued at USD 4.48 billion in 2023, is witnessing substantial growth, as the market showcases a diverse range of styles, from contemporary to traditional, catering to various tastes and preferences. The market is expected to grow at a robust CAGR of 3.10% from 2024 to 2032. By 2032, the market is projected to reach USD 4.48 billion, bolstered by the support for local manufacturers, which reduces shipping costs and environmental impact while benefiting the local economy. As Australian consumers seek quality and stylish furniture solutions, several companies have emerged as key players in shaping the landscape of the furniture industry in the country.
1. Harvey Norman
Harvey Norman is a household name in Australia’s furniture market, known for offering a wide range of home furnishings, electronics, and appliances. The company’s extensive collection of furniture spans from bedroom sets and living room furniture to office furnishings and outdoor designs. With a focus on both traditional and contemporary styles, Harvey Norman caters to a diverse range of customer tastes. Its expansive store network and strong online presence have allowed the brand to remain a dominant player in the furniture sector. Harvey Norman has also embraced a customer-centric approach, offering flexible payment options, delivery services, and in-store design advice, ensuring a seamless shopping experience for Australians.
2. IKEA Australia
IKEA, the Swedish furniture giant, has firmly established its presence in the Australian market by offering stylish, affordable, and functional furniture. Known for its flat-pack designs, DIY assembly, and wide product range, IKEA is a favorite for consumers seeking value for money. From minimalist and modern designs to more classic styles, IKEA caters to a broad spectrum of customer needs. In addition to its iconic in-store experience, IKEA Australia has expanded its e-commerce platform, allowing consumers to shop online and enjoy home delivery. The brand’s focus on sustainability, with an increasing number of eco-friendly product options, also aligns with Australian consumers’ growing demand for environmentally conscious choices.
3. Fantastic Furniture
Fantastic Furniture is one of Australia’s largest and most affordable furniture retailers. The company offers a diverse range of products, including living room, bedroom, dining, and office furniture, along with home décor accessories. Known for its budget-friendly pricing, Fantastic Furniture has become synonymous with affordable, high-quality furniture options. The company’s flexible online and in-store shopping experience makes it accessible to a wide range of customers, while its commitment to style and design ensures that it remains a competitive force in the Australian furniture market. The company also emphasizes convenience through delivery services and frequent sales events, making it an attractive option for price-conscious shoppers.
4. Freedom Furniture
Freedom Furniture is a premium Australian furniture retailer that offers a wide variety of high-quality, stylish furniture for every room of the home. From contemporary and minimalist designs to more traditional, classic pieces, Freedom Furniture provides a versatile selection to meet different aesthetic preferences. The brand is known for its focus on craftsmanship and long-lasting durability, with many of its products made from sustainable materials. In addition to its extensive collection, Freedom Furniture offers design consultations and personalized services to help customers create a cohesive and functional living space. With both online and in-store options, Freedom continues to be a go-to for Australians seeking stylish, well-crafted home furnishings.
5. Temple & Webster
Temple & Webster is Australia’s leading online furniture and homewares retailer, offering a wide range of furniture, décor, and outdoor living products. Known for its curated collection of both contemporary and traditional designs, Temple & Webster has gained popularity for its emphasis on high-quality, stylish, and affordable home furnishings. The company is a pioneer in the online furniture shopping space, offering a seamless digital shopping experience with home delivery options. Temple & Webster’s success lies in its ability to connect with a broad audience through digital marketing, user-friendly website design, and the convenience of shopping from home. Its wide range of options, from high-end designer pieces to budget-friendly furniture, makes it a favorite for many Australians.
6. King Living
King Living is an iconic Australian brand renowned for its premium, luxury furniture. Specializing in sofas, lounge suites, and modular seating, King Living is recognized for its commitment to quality and timeless design. The brand is synonymous with comfort, innovation, and Australian-made craftsmanship. King Living’s focus on sustainability, through the use of eco-friendly materials and locally sourced production, has resonated with consumers who are environmentally conscious. Offering both a high-end retail experience and comprehensive customization options for furniture, King Living continues to dominate the luxury segment of the Australian furniture market.
7. Oz Design Furniture
Oz Design Furniture is an Australian retailer offering a broad selection of modern and stylish furniture for the living room, bedroom, dining room, and home office. The company is known for its commitment to quality and innovation, bringing together contemporary design and functionality. Oz Design Furniture offers an eclectic range of products, from minimalistic designs to more elaborate, statement pieces. The company’s emphasis on customer satisfaction and its focus on providing high-quality, durable products have made it a popular choice for Australians looking to furnish their homes. With an extensive online presence, Oz Design Furniture continues to grow its customer base across the country.
8. Koala
Koala, an Australian-based e-commerce company, has rapidly gained attention in the furniture market with its innovative approach to online furniture sales. Specializing in mattresses, beds, and bedroom furniture, Koala focuses on convenience and sustainability. The company’s business model offers fast delivery and easy assembly, providing customers with an efficient and hassle-free experience. Koala is committed to environmental sustainability, using eco-friendly materials such as recyclable packaging and sourcing timber from sustainable forests. The brand’s ability to deliver high-quality, eco-conscious furniture at affordable prices has made it a favorite among Australian consumers.
9. Snooze
Snooze is an Australian furniture retailer that specializes in bedroom furniture, particularly mattresses, beds, and storage solutions. Known for its range of high-quality products and focus on comfort, Snooze has built a strong reputation as an expert in the sleep and relaxation segment of the furniture market. The company offers a wide variety of options, from luxurious, high-end mattresses to more affordable, budget-friendly alternatives. Snooze also prides itself on its customer service, offering personalized advice and home delivery options. With a strong online and in-store presence, Snooze continues to be a trusted brand for Australians seeking quality sleep solutions.
10. Mattress Firm
Mattress Firm is another leading player in the Australian furniture market, specializing in high-quality mattresses and sleep solutions. While primarily focused on bedding, Mattress Firm has also expanded its offerings to include bedroom furniture such as bed frames and storage solutions. Known for its customer-first approach, the company offers a wide range of products tailored to different sleep preferences, ensuring that customers can find the perfect fit for their needs. With a growing online presence and an emphasis on customer education, Mattress Firm remains a strong competitor in Australia’s furniture and home décor market.