Showing posts with label Indonesia Furniture Market. Show all posts
Showing posts with label Indonesia Furniture Market. Show all posts

Monday, July 11, 2022

Future Growth of Indonesia Furniture Market: Ken Research

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Ken Research announced its latest publication on "Indonesia Furniture Market by Type (Home, Office, Hotel & Industrial), by Sales (Domestic & Export) and by Cities - Outlook to 2021" which provides a comprehensive analysis of Indonesia home, office, hotel and industrial furniture market. The report further provides insights on home furniture by room type (bedroom, living room, dining room, Kitchen Furniture), by product type such as bed, sofa, modular and regular wardrobe, kids’ furniture, dining set, sofa cum bed, television sets, coffee table, center table, dressing table, modular kitchen sets and others.

Detailed comparative analysis of major furniture market players has also been provided. Various marketing analysis factors such as trends and developments and SWOT analysis, case study for installing/ spending on home furniture are also added in the study. The future analysis of the overall Indonesia furniture market has also been discussed along with recommendations from analyst view.

The stakeholders of this report include furniture manufacturers and retailers, companies involved in research, real estate developers and interior designers in Indonesia and the new entrants and venture capitalists who wish to invest in the furniture market in future.


Indonesia Furniture Market

Indonesia contributes about ~% of the global rattan supply and is highly regarded as the manufacturing base for both domestic and international market players. Furniture market in Indonesia increased to USD ~ million in 2016 from USD ~ million in 2015, marking a robust CAGR of ~% during 2012-2016. Rising number of furniture retail outlets by both organized and unorganized market players, from ~ stores in 2012 to ~ stores by 2016, assisted in the growth of furniture industry in Indonesia.

Indonesia Furniture Market Segmentation

Lower cost of production by using the locally available resources assists unorganized players in selling products at a lower price than the furniture market giants with multiple retail outlets in Indonesia. These players dominated the market with ~ retail outlets in 2016. Conversely, limited number of organized furniture retailers in Indonesia accounted for ~% of the total furniture market players in the country in 2016.

Home furniture dominated the overall Indonesia furniture market, contributing ~% to the revenues in 2016. Office furniture contributed ~% to the overall revenues generated by Indonesia furniture market in 2016. Hotel furniture added ~% to the overall pie of revenues generated by the country's furniture market in 2016. Industrial furniture contributed the least share of ~% to the overall market revenues in 2016.

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The sales of furniture in Jakarta contributed ~% share to Indonesia furniture market revenues in 2016. Tangerang contributed ~% share to the overall furniture market revenues in Indonesia in 2016. The region of Bekasi with the total population of ~ contributed a share of ~ to the overall furniture market revenues in Indonesia in 2016. Depok and Bogor contributed ~% and ~% respectively, to the overall revenues of Indonesia furniture market in 2016.

Snapshot on Indonesia Children's Furniture Market

Kids' furniture segment added a small portion to the country's overall furniture market, contributing ~ revenues during 2016. The prices of such furniture are not high as that of most of the furniture available for indoor purposes. The average price for kids' entire bedroom sets varies between USD ~ to USD ~, while the price of graphically designed wardrobes for this population set ranges from USD ~ to USD ~. Market players earn about ~% profit margin from the sales of children's furniture in Indonesia. Majority of the sales were witnessed in Jakarta, contributing ~% to the overall kids' furniture sales in 2016. With the total population of ~ people in Yogyakarta, the city added ~% to the overall furniture sold to kids' segment in Indonesia in 2016. Other major and minor regions were able to generate collective sales of ~ of the overall children's furniture sold in the country during 2016.

Snapshot on Indonesia Online Furniture Market

The revenues of furniture market in Indonesia were dominated by the sales of furniture from offline retail outlets, franchisee outlets, showrooms and exclusive stores of manufacturers and major players operating in the space. Despite having ~ internet users at a penetration rate of over ~% in the country by 2016, online sales of furniture contributed a mere share of ~% to the overall market revenues during the same year. The brick-and-mortar stores in Jakarta face stiff competition from both domestic and international retailers, which offer wide variety of products at competitive prices. The major players which dominated the revenues of online furniture sales in 2016 are Livaza, BeliFurniture and Fabelio.

Indonesia Furniture Market Future Outlook and Projections

The revenues generated by furniture market players in Indonesia are projected to augment to USD ~ million by 2021, registering a CAGR of ~% during the period 2016-2021. The country is expected to witness an increase in middle class population at a CAGR of ~% between 2016 and 2021. Higher per capita disposable income is projected to raise the demand for expensive and modular furniture. More number of online market players catering to the rising demand for wooden products and accessories is also estimated to stimulate the market revenues.

Key Topics Covered in the Report:

  • Indonesia Furniture Market Size by Revenue
  • Market Segmentation - By Organized and Unorganized Sector; By End Users (Home, Office, Hotels and Industrial); By Cities (Jakarta, Tangerang, Bekasi, Depok, Bogor and Others), By Home Furniture
  • Snapshot on Indonesia Children's Furniture Market
  • Snapshot on Indonesia Kitchen Furniture Market
  • Indonesia Export Import Market Trade Scenario
  • SWOT Analysis for Indonesia Furniture Market
  • Trends and Developments in Indonesia Furniture Market
  • Entry Barriers in Indonesia Furniture Market
  • Investment Model to set up a Furniture Manufacturing Plant in Indonesia
  • Company Profiles of Major Furniture Market Players
  • Future Outlook for Indonesia Furniture Market
  • Analyst Recommendation
  • Macro-Economic Factors Impacting Indonesia Furniture Market

For More Information, Click on the Following Link: -

Indonesia Furniture Market Revenue

Related Report: -

The US Furniture Market by End Users (Home, Office, Hotels and Industrial), By Age Group (Millennials, Generation X, Baby Boomers, seniors (Child Care and Infant Care), By Distribution Channel (Departmental Stores, Lifestyle Stores, Exclusive Stores, Supermarkets and Online Distribution) - Outlook to 2021

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 Ankur Gupta, Head Marketing & Communications

Support@kenresearch.com

+91-9015378249

Wednesday, September 27, 2017

Indonesia Furniture Market by Revenue is expected to reach USD 5,000 Million by 2021: Ken Research

Indonesia Furniture Market Segmentation by (Organized, Unorganized), by End Users (Home, Office, Hotel, Industrial), by Cities (Jakarta, Tangerang, Bekasi, Depok, Bogor), by Product Categories (Bedroom, Living Room, Dining Room, Kitchen), by major players (IKEA, Informa, Fabelio, High Point Group, Da Vinci Group, Republic Furniture Jepara, Olympic Group, Wisanka Indonesia, VIVERE, Raisa House of Excellence, Lio Collection)
  •  Furniture Market in Indonesia is expected to gain high revenue in the future due to expanding customer base across all regions of the country.
  • Rising demand for modern and expensive furniture due to rising middle class population in Indonesia is expected to assist market in growing its revenue.
  • Growing numbers of domestic and global players in the space are anticipated to be among the major factors driving the overall furniture market in Indonesia.
The abundance of natural resources with extensive plantations of bamboo and rattan in Indonesia are anticipated to invite foreign entrants to cater the growing needs for furniture in the country. The expansion of customer base for both domestic and global players is projected to add revenues to the overall market at a rapid pace. Lower monthly salaries ranging from USD 122.0 to USD 154.0 across various regions in Indonesia is another factor which is expected to bring increasing number of furniture manufacturing units to the country in the recent future. More number of online market players catering to the rising demand for wooden products and accessories is also estimated to stimulate the market revenues in a positive manner. The launch of Fabelio in 2015, which is set to expand its product line by offering more than 2,000 exclusively, designed quality furniture and home decor in the coming years, in anticipation for the growth of Indonesia’s overall furniture market.

Growing hospitality sector due to expanding tourism in Indonesia is expected to augment the furniture market revenues due to the rising demand for luxurious furniture by hotels set up in the country. Improving technology in manufacturing process, with respect to precisions in cutting and designing wood, is expected to benefit the market with more number of products being offered in various shapes and designs.

Ken Research in its latest study, “Indonesia Furniture Market by Type (Home, Office, Hotel & Industrial), by Sales (Domestic & Export) and by Cities – Outlook to 2021” suggested that a rapid growth in Indonesia furniture market, majorly driven by rising disposable income of the people, thus demanding modern furnishings across various sectors in the country. Influx of foreign brands and rising demand of the population to purchase expensive furniture are attracting large number of potential players to enter the space.

Indonesia furniture market is estimated to register a positive CAGR growth during 2017-2021. The report provides information on Indonesia Furniture Market Size by Revenue, Market Segmentation - By Organized and Unorganized Sector; By End Users (Home, Office, Hotels and Industrial); By Cities (Jakarta, Tangerang, Bekasi, Depok, Bogor and Others), By Home Furniture, Snapshot on Indonesia Children’s Furniture Market, Snapshot on Indonesia Kitchen Furniture Market, SWOT Analysis for Indonesia Furniture Market and covering competitive landscape of major companies including IKEA, Informa, Fabelio, High Point Group, Da Vinci Group, Republic Furniture Jepar, Olympic Group, Wisanka Furniture, VIVERE, Raisa House of Excellence  and Lio Collection.

Key Topics Covered in the Report:
Asia Furniture Market
SWOT Analysis Furniture
Indonesia Home Furniture Sales
Online Furniture Sales Indonesia
Furniture Sales in Jakarta
Furniture Import Indonesia
Furniture Export Indonesia
Indonesian Furniture Sector
Indonesian Furniture Market
Furniture Industry in Indonesia
Dining Room Furniture Industry
Wooden Furniture Industry Indonesia

For more information on the market research report please refer to the below link:

Related Reports by Ken Research



Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204

Tuesday, September 26, 2017

Indonesia Furniture Market Future Outlook to 2021: Ken Research

Ken Research announced its latest publication on “Indonesia Furniture Market by Type (Home, Office, Hotel & Industrial), by Sales (Domestic & Export) and by Cities - Outlook to 2021” which provides comprehensive analysis of Indonesia home, office, hotel and industrial furniture market. The report further provide insights on home furniture by room type (bedroom, living room, dining room, Kitchen Furniture), by product type such as bed, sofa, modular and regular wardrobe,  kids furniture, dining set, sofa cum bed, television sets, coffee table, center table, dressing table, modular kitchen sets and others.
Detailed comparative analysis of major furniture market players has also been provided. Various marketing analysis factors such as trends and developments and SWOT analysis, case study for installing/ spending on home furniture are also added in the study. The future analysis of the overall Indonesia furniture market has also been discussed along with recommendations from analyst view.
The stakeholders of this report include furniture manufacturers and retailers, companies involved in research, real estate developers and interior designers in Indonesia and the new entrants and venture capitalists who wish to invest in furniture market in future.
Indonesia Furniture Market
Indonesia contributes about ~% of the global rattan supply and is highly regarded as the manufacturing base for both domestic and international market players. Furniture market in Indonesia increased to USD ~ million in 2016 from USD ~ million in 2015, marking a robust CAGR of ~% during 2012-2016. Rising number of furniture retail outlets by both organized and unorganized market players, from ~ stores in 2012 to ~ stores by 2016, assisted in the growth of furniture industry in Indonesia.
Indonesia Furniture Market Segmentation
Lower cost of production by using the locally available resources assists unorganized players in selling products at a lower price than the furniture market giants with multiple retail outlets in Indonesia. These players dominated the market with ~ retail outlets in 2016. Conversely, limited number of organized furniture retailers in Indonesia accounted for ~% of the total furniture market players in the country in 2016.
Home furniture dominated the overall Indonesia furniture market, contributing ~% to the revenues in 2016. Office furniture contributed ~% to the overall revenues generated by Indonesia furniture market in 2016. Hotel furniture added ~% to the overall pie of revenues generated by the country’s furniture market in 2016. Industrial furniture contributed the least share of ~% to the overall market revenues in 2016.
The sales of furniture in Jakarta contributed ~% share to Indonesia furniture market revenues in 2016. Tangerang contributed ~% share to the overall furniture market revenues in Indonesia in 2016. The region of Bekasi with the total population of ~ contributed a share of ~ to the overall furniture market revenues in Indonesia in 2016. Depok and Bogor contributed ~% and ~% respectively, to the overall revenues of Indonesia furniture market in 2016.
Snapshot on Indonesia Children’s Furniture Market
Kids’ furniture segment added a small portion to the country’s overall furniture market, contributing ~ revenues during 2016. The prices of such furniture are not high as that of most of the furniture available for indoor purposes. The average price for kids’ entire bedroom sets varies between USD ~ to USD ~, while the price of graphically designed wardrobes for this population set ranges from USD ~ to USD ~. Market players earn about ~% profit margin from the sales of children’s furniture in Indonesia. Majority of the sales were witnessed in Jakarta, contributing ~% to the overall kids’ furniture sales in 2016. With the total population of ~ people in Yogyakarta, the city added ~% to the overall furniture sold to kids’ segment in Indonesia in 2016. Other major and minor regions were able to generate collective sales of ~ of the overall children’s furniture sold in the country during 2016.
Snapshot on Indonesia Online Furniture Market
The revenues of furniture market in Indonesia were dominated by the sales of furniture from offline retail outlets, franchisee outlets, showrooms and exclusive stores of manufacturers and major players operating in the space. Despite having ~ internet users at a penetration rate of over ~% in the country by 2016, online sales of furniture contributed a mere share of ~% to the overall market revenues during the same year. The brick-and-mortar stores in Jakarta face stiff competition from both domestic and international retailers, which offer wide variety of products at competitive prices. The major players which dominated the revenues of online furniture sales in 2016 are Livaza, BeliFurniture and Fabelio.
Indonesia Furniture Market Future Outlook and Projections
The revenues generated by furniture market players in Indonesia are projected to augment to USD ~ million by 2021, registering a CAGR of ~% during the period 2016-2021. The country is expected to witness an increase in middle class population at a CAGR of ~% between 2016 and 2021. Higher per capita disposable income is projected to raise the demand for expensive and modular furniture. More number of online market players catering to the rising demand for wooden products and accessories is also estimated to stimulate the market revenues.
Key Topics Covered in the Report:
Kids Furniture Sales Indonesia
Online Furniture Sales Indonesia
Indonesia Furniture Market Future
Fabelio Performance Indonesia
Asia Furniture Market
Indonesia Home Furniture Sales
Sofa cum bed sales in Indonesia
SWOT Analysis Furniture
Furniture Import Indonesia
Indonesia Furniture Market
Indonesia Furniture Outlook
Indonesia Furniture Growth
To know more about the research report:
Related Reports by Ken Research
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204