Australia Luxury Furniture Market: Premium Interiors, Designer Craftsmanship & the Rise of High-End Home Aesthetics

According to IMARC Group, the Australia luxury furniture market reached USD 712.9 Million in 2024. Looking forward, the market is projected to grow to USD 1,086.1 Million by 2033, expanding at a CAGR of 4.30% during 2025–2033. This growth reflects rising demand for premium home décor, custom-made furniture, high-end interior styling, and the increasing influence of design-driven lifestyles among Australians.

As more households invest in quality craftsmanship and aesthetic refinement, luxury furniture is no longer viewed as an indulgence, but as a long-term lifestyle upgrade.

Why is the Australia Luxury Furniture Market Growing?

Rising Affluence & Lifestyle Upgrades

Australia’s growing upper-middle-income population is investing more in homes, interior styling, and premium furnishing pieces. With people spending more time at home and prioritising comfort and aesthetics, luxury furniture has become a key component of modern living. Consumers also view premium furniture as a long-term asset due to its durability and craftsmanship.

Growth in Residential Refurbishment & Interior Design Trends

Home renovations, design makeovers and personalised interiors are rapidly increasing across cities and suburbs. Australians are adopting modern, minimalist, and bespoke interior styling — driving demand for designer sofas, statement dining sets, heritage wood pieces and artisanal décor. This design-led lifestyle trend is a major contributor to the market’s expansion.

Preference for Customised & Handcrafted Pieces

Luxury furniture buyers increasingly favour bespoke items tailored to their space, personality, and aesthetic preferences. High-end craftsmanship, premium materials such as hardwood, leather, marble and metal accents, and unique handmade designs have gained popularity. Customisation adds exclusivity, which boosts demand in the luxury segment.

Rising Demand Across Hospitality & Commercial Spaces

Hotels, boutique resorts, luxury apartment developments and corporate offices are investing in high-quality, aesthetically sophisticated furniture to elevate ambience and guest experience. The hospitality and premium commercial sectors play an important role in boosting demand for luxury furnishings, especially for lobbies, lounges and high-end suites.

Influence of Global Design Trends & Premium Brands

International luxury furniture brands have expanded their presence in Australia, making premium design more accessible. Global trends — including Scandinavian minimalism, modern Japanese aesthetics, Italian luxury styling and sustainable luxury — are shaping consumer choices. The availability of premium imports and designer collaborations fuels market growth.

By Raw Materials: Wood, Metal, Glass, Leather, Plastic, Multiple, Others

By Applications: Domestic: Living Room and Bedroom, Kitchen, Bathroom, Outdoor, Lighting , Commercial: Office, Hospitality, Others

By Distribution Channels: Conventional Furniture Stores, Specialty Stores, Online Retailers, Others

By Designs: Modern, Contemporary

By Regions: Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, Western Australia

Recent News & Developments in the Australia Luxury Furniture Market

May 2025: A leading luxury furniture brand expanded its flagship showroom footprint in Melbourne, introducing a curated “designer-collection gallery” featuring premium custom pieces. The expansion reported a 14% increase in high-value customer enquiries, reflecting growing appetite for experiential retail spaces and designer-driven furniture.

August 2025: Industry data highlighted a jump in online luxury-furniture sales, with premium e-commerce retailers reporting a 22% year-on-year rise in digital orders. This surge was driven by advanced virtual-staging tools that allow customers to visualise bespoke furniture in their homes — accelerating digital adoption in the luxury segment.

October 2025: A national market study revealed that luxury home renovations grew 18% year-on-year, driven by premium apartment purchases and lifestyle upgrades. This trend significantly increased demand for high-end modular furniture and handcrafted décor, particularly in New South Wales and Victoria.

Why Should You Know About the Australia Luxury Furniture Market?

Because this market reflects how Australians’ lifestyles, interior preferences and purchasing behaviours are evolving. With revenue expected to rise from USD 712.9 Million in 2024 to USD 1,086.1 Million by 2033, the luxury furniture sector represents a strong blend of stability, aspirational spending and design-led growth.

For manufacturers & designers, this market offers opportunities to showcase craftsmanship, introduce premium design concepts and offer bespoke solutions.

For interior designers & property developers, luxury furniture enhances perceived property value, aesthetics and buyer appeal — making it essential for premium home and commercial projects.

For retailers & e-commerce brands, rising online adoption creates space for digital innovation, virtual styling tools and curated luxury marketplaces.

For consumers, luxury furniture provides long-term value, durability and a personalised aesthetic that supports lifestyle aspirations.