Metal Furniture Manufacturing in Australia - Market Research Report (2014-2029)
Melbourne, Australia
Last Updated: September 2024
ANZSIC C2512Revenue
$905.7m
Past 5-Year Growth
Profit
$XX.Xm
Employees
3,273
Businesses
482
Wages
$XXX.Xm
Metal Furniture Manufacturing in Australia industry analysis
Imported metal furniture from China has increasingly crowded domestically produced metal furniture, rising as a share of domestic demand. This considerable import competition and shaky downstream demand mean revenue is expected to contract at an annualised 1.2% over the five years through 2024-25 and an anticipated 3.0% in the current year alone, to an estimated $905.7 million. In the same timeframe, exports have jumped, partially offsetting the impact of rising competition from imports.
Trends and Insights
- Low-cost imports are putting pressure on Australian metal furniture manufacturers. Domestic manufacturers are responding by pivoting towards producing high-value products to differentiate themselves from overseas competitors.
- Specialised institutional furniture is accounting for a growing share of industry revenue. New public hospitals and other large-scale projects generate high demand for items like surgical tables and pharmaceutical cabinets.
- Over 85.0% of metal furniture manufacturers cluster along Australia's eastern seaboard. Businesses in these regions benefit from the proximity to commercial, industrial and household customers that comes with the higher populations in these states.
- Small- and medium-scale enterprises thrive in metal furniture manufacturing, driven by their focus on specialised, high-revenue products. Import competition has discouraged market consolidation among domestic manufacturers.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has declined at a CAGR of 1.2 % over the past five years, to reach an estimated $905.7m in 2024.
Trends and Insights
Profit margins have improved as the domestic cost of iron and steel has receded
- Manufacturers require iron and steel to produce their furniture, so the price of these materials is highly consequential. Manufacturers need to manage their input costs carefully to remain viable.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Ongoing innovation in storage solutions will drive high-value production and wage growth
- Metal furniture manufacturers are poised to increasingly focus on high value-added production over the coming years to avoid direct competition with low-cost imports.
Biggest companies in the Metal Furniture Manufacturing in Australia
| Company | Market Share (%)
2025 | Revenue ($m)
2025 |
|---|---|---|
APC Group Pty Ltd | 56.1 | |
Opie Manufacturing Group | 31.3 | |
Arrowcrest | 19.6 |
To view the market share and analysis for all 5 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Office and general business furniture, Large-scale complex storage systems and Specialist institutional furniture. Office and general business furniture is the largest segment of the Metal Furniture Manufacturing in Australia.
Trends and Insights
Office and general business furniture is a consistent revenue source for manufacturers
- This segment includes products like steel desks, filing cabinets, compact storage units, shelving, packaging and sorting benches and lockers.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- There are no industries to display.
Complementors
- Plastic Pipe and Plastic Packaging Material Manufacturing in Australia
- Wooden Furniture and Upholstered Seat Manufacturing in Australia
- Wicker and Fibreglass Furniture Manufacturing in Australia
- Furniture and Floor Covering Wholesaling in Australia
International industries
- Household Furniture Manufacturing in the US
- Office Furniture Manufacturing in the US
- Hospital Bed Manufacturing in the US
- Household Furniture Manufacturing in Canada
- Office Furniture Manufacturing in Canada
Table of Contents
About this industry
Industry definition
Companies manufacture furniture, storage structures, shelving or parts of furniture, predominantly from metal such as sheet metal or tubular metal.
What's included in this industry?
Large-scale complex storage systemsSpecialist institutional furnitureDomestic metal furnitureOffice and general business furnitureCompanies
APC Group Pty LtdOpie Manufacturing GroupArrowcrestPurchase this report to view all 5 major companies in this industry.
Related Terms
SHEET METALBESPOKECOMPUTER NUMERIC CONTROLIndustry Code
ANZSIC 2512 - Metal Furniture Manufacturing in Australia
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Low-cost imports are putting pressure on Australian metal furniture manufacturers. Domestic manufacturers are responding by pivoting towards producing high-value products to ...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Specialised institutional furniture is accounting for a growing share of industry revenue. New public hospitals and other large-scale projects generate high demand for items ...
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2024
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
- International trade, including imports by country and exports by country
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Over 85.0% of metal furniture manufacturers cluster along Australia's eastern seaboard. Businesses in these regions benefit from the proximity to commercial, industrial and h...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each region in 2024
- Number and share of revenue each region accounts for in 2024
- Number and share of wages each region accounts for in 2024
- Number and share of employees in each region in 2024
Detailed analysis
- Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Small- and medium-scale enterprises thrive in metal furniture manufacturing, driven by their focus on specialised, high-revenue products. Import competition has discouraged m...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Low-cost imports have kept market share fragmented. Local companies can't compete with international manufacturers' lower overhead costs and greater economies of scale.
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of APC Group Pty Ltd's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Opie Manufacturing Group's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Arrowcrest's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of revenue, market share and profit margin trend for 2 additional companies
Detailed analysis
- Description and key data for APC Group Pty Ltd, and factors influencing its performance in the industry
- Description and key data for Opie Manufacturing Group, and factors influencing its performance in the industry
- Description and key data for Arrowcrest, and factors influencing its performance in the industry
- Description, key data and performance trends for 2 additional companies
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Demand from vital downstream construction markets has grown. Industrial and institutional building and commercial construction have all seen an uptick in demand, prompting a ...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Profit margins in the industry are rising, boosted by falling iron and steel prices and a focus on high-yield premium products. Manufacturers concentrating on specialised pro...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Australia include:
- Australian Bureau of Statistics
- Australian Taxation Office
- Australian Securities & Investments Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Metal Furniture Manufacturing industry in Australia in 2024?
The market size of the Metal Furniture Manufacturing industry in Australia is $905.7m in 2024.
How many businesses are there in the Metal Furniture Manufacturing in Australia industry in 2024?
There are 482 businesses in the Metal Furniture Manufacturing industry in Australia, which has grown at a CAGR of 0.3 % between 2019 and 2024.
Has the Metal Furniture Manufacturing industry in Australia grown or declined over the past 5 years?
The market size of the Metal Furniture Manufacturing industry in Australia has been declining at a CAGR of 1.2 % between 2019 and 2024.
What is the forecast growth of the Metal Furniture Manufacturing industry in Australia over the next 5 years?
Over the next five years, the Metal Furniture Manufacturing industry in Australia is expected to grow.
What are the biggest companies in the Metal Furniture Manufacturing market in Australia?
The biggest companies operating in the Metal Furniture Manufacturing market in Australia are APC Group Pty Ltd, Opie Manufacturing Group and Arrowcrest
What does the Metal Furniture Manufacturing in Australia include?
Large-scale complex storage systems and Specialist institutional furniture are part of the Metal Furniture Manufacturing industry.
Which companies have the highest market share in the Metal Furniture Manufacturing in Australia?
The company holding the most market share in Australia is APC Group Pty Ltd.
How competitive is the Metal Furniture Manufacturing industry in Australia?
The level of competition is high and increasing in the Metal Furniture Manufacturing industry in Australia.
