Metal Furniture Manufacturing in Australia - Industry Market Research Report

Metal Furniture Manufacturing in Australia - Industry Market Research Report

Metal Furniture Manufacturing in Australia

Trading conditions for metal furniture manufacturers were favourable in 2018-19 due to high demand from the construction sector. However, restrictions to foreign real estate investment and economic uncertainty due to the COVID-19 pandemic have led to fluctuating downstream demand from the construction sector, causing revenue volatility. The growing popularity of electronic information storage over storing paper records in metal filing cabinets has also affected operators. Revenue is expected to decline at an annualised 1.2% over the five years through 2023-24 to an estimated $807.4 million.

Companies manufacture furniture, storage structures, shelving or parts of furniture, predominantly from metal such as sheet metal or tubular metal.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."