Market Size of Australia Kitchen Furniture Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 0.55 Billion |
Market Size (2029) | USD 0.71 Billion |
CAGR (2024 - 2029) | 5.23 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Australia Kitchen Furniture Market Analysis
The Australia Kitchen Furniture Market size is estimated at USD 0.55 billion in 2024, and is expected to reach USD 0.71 billion by 2029, growing at a CAGR of 5.23% during the forecast period (2024-2029).
The Australian kitchen furnishing industry is made up of different sectors including cabinet making, furniture making, furniture finishing and upholstery. It is dominated mainly by small businesses. In the past few years there has been a loss of furniture manufacturing due to increased imports from China. It has been cheaper to send Australian native timbers to China to manufacture furniture and then ship finished products back to the retail industry. One sector of the furnishing industry that has blossomed recently is kitchen installation due to the growth in housing. most cabinet makers are producing ready-to-fit kitchens and bathroom cabinets, usually from manufactured board, and rarely make a piece of furniture from solid natural timber.
Australian kitchen standards provide specific guidelines, rules and technical specifications regarding how kitchen cabinetry is to be built, used or installed in either domestic or commercial applications. The kitchen furniture and products supply market in Australia is a multi-billion-dollar industry. The gradual recovery in the residential construction sector paves way for enhanced demand for new household and commercial items.
There is also a niche industry within kitchen manufacturing for those who are environmentally aware. These manufacturers use recycled and sustainable materials. Their kitchen designs are simple for ease of manufacturing. The finishes for bench tops and doors are environmentally friendly.