Market Size in 2024: USD 10.87 Billion

Market Size in 2033: USD 18.68 Billion

Market Growth Rate 2025-2033: 5.60%

According to IMARC Group's latest research publication, "Australia Furniture Retail Market Size, Share, Trends, and Forecast by Type, Distribution Channel, Application, and Region, 2025-2033", The Australia furniture retail market size was valued at USD 10.87 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 18.68 Billion by 2033, exhibiting a CAGR of 5.60% during 2025-2033.

How AI is Reshaping the Future of Australia Furniture Retail Market

• Revolutionizing Online Shopping Experiences: AI-powered augmented reality and virtual reality technologies are transforming how Australian consumers shop for furniture, enabling virtual room visualization and 3D product configuration from home, addressing the challenge of purchasing large items online and driving growth in the online furniture segment projected to reach USD 25.59 Billion by 2033.

• Enabling Personalized Product Recommendations: Machine learning algorithms are analyzing customer preferences, browsing behavior, and interior design styles to deliver customized furniture suggestions, helping Australian retailers like Bolia and James Lane connect shoppers with Scandinavian-inspired pieces and designer collections that match individual aesthetic preferences and functional needs.

• Optimizing Inventory and Supply Chain Management: Artificial intelligence is forecasting demand patterns across Australia's diverse regions, from urban centers like Melbourne and Sydney to regional markets in Queensland and Western Australia, enabling retailers to optimize stock levels, reduce waste, and ensure popular modular and multi-functional furniture designs remain available.

• Streamlining Custom Design and Manufacturing: AI-driven design tools are accelerating the customization process for furniture retailers, allowing Australian consumers to personalize Scandinavian-style pieces at design studios while automated manufacturing systems optimize production efficiency for custom orders, reducing lead times and production costs for bespoke furniture.

• Enhancing Customer Service and Support: Intelligent chatbots and virtual assistants are providing 24/7 customer support for furniture inquiries, helping Australian shoppers navigate product options, check delivery availability, schedule installations, and resolve post-purchase issues, particularly valuable for online furniture retail channels experiencing exponential growth.

Grab a sample PDF of this report: https://www.imarcgroup.com/australia-furniture-retail-market/requestsample