Articles
Furniture Retail Stores in Indonesia, Informa Furniture Revenue Indonesia - ken Research
by Ashish Kumar Market ResearcherKen 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
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About Ashish Kumar 
Market Researcher
216 connections, 0 recommendations, 526 honor points.Joined APSense since, April 19th, 2016, From gurgaon, India.
Created on Sep 26th 2017 04:51. Viewed 519 times.
