Imports weigh on Australia’s wooden furniture manufacturingFriday 5 Sep 2025
According to IBISWorld’s Wooden Furniture and Upholstered Seat Manufacturing in Australia report, demand peaked in 2020-21 as households increased spending on home renovations and upgrades during and after lockdowns. Since then, however, manufacturers have struggled to sustain revenue growth amid an influx of cheaper imports, particularly from China, Vietnam and Malaysia, the report noted. IBISWorld noted that these imported products are appealing to price-conscious consumers, who are dealing with limited discretionary income and higher living expenses. Click here for full article Source: Australian Manufacturing | ||
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