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Furniture Market in Indonesia 2024-2028

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    Report

  • 126 Pages
  • November 2024
  • Region: Indonesia
  • TechNavio
  • ID: 5534222
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The furniture market in indonesia is forecasted to grow by USD 3.99 billion during 2023-2028, accelerating at a CAGR of 14.2% during the forecast period. The report on the furniture market in indonesia provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rapid growth in urbanization, growing influence of different retailing channels, and increasing number of new luxury furniture showroom launches.

The furniture market in indonesia is segmented as below:

By Type

  • Residential
  • Commercial

By Delivery Mode

  • Offline
  • Online

By Geographical Landscape

  • APAC
This study identifies the rising emphasis on eco-friendly furniture as one of the prime reasons driving the furniture market in indonesia growth during the next few years. Also, rapid emergence of organic luxury furniture and increasing infrastructural projects in indonesia will lead to sizable demand in the market.

The report on the furniture market in indonesia covers the following areas:

  • Furniture Market in Indonesia sizing
  • Furniture Market in Indonesia forecast
  • Furniture Market in Indonesia industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading furniture market in indonesia vendors that include CV Raisa House Indonesia, Dawood Indonesia, Fabelio, Galeri Jepara, GGS, Informa, Integra Group, Inter IKEA Holding BV, Kalingga Putra, Lio Collection, PT Chitose International Tbk., PT VIVERE Multi Kreasi, Republic Furniture Group, Vixi Inc., Wahana Kayu, and Wisanka Indonesia. Also, the furniture market in indonesia analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by Delivery Mode
Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value Chain Analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2023
4.4 Market outlook: Forecast for 2023-2028
Chart on Indonesia - Market size and forecast 2023-2028 ($ million)
Data Table on Indonesia - Market size and forecast 2023-2028 ($ million)
Chart on Indonesia: Year-over-year growth 2023-2028 (%)
Data Table on Indonesia: Year-over-year growth 2023-2028 (%)
5 Historic Market Size
5.1 Furniture Market in Indonesia 2018 - 2022
Historic Market Size - Data Table on Furniture Market in Indonesia 2018 - 2022 ($ million)
5.2 Type segment analysis 2018 - 2022
Historic Market Size - Type Segment 2018 - 2022 ($ million)
5.3 Delivery Mode segment analysis 2018 - 2022
Historic Market Size - Delivery Mode Segment 2018 - 2022 ($ million)
6 Qualitative Analysis
6.1 Impact of AI on the Furniture Market in Indonesia
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
7.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
8 Market Segmentation by Type
8.1 Market segments
Chart on Type - Market share 2023-2028 (%)
Data Table on Type - Market share 2023-2028 (%)
8.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
8.3 Residential - Market size and forecast 2023-2028
Chart on Residential - Market size and forecast 2023-2028 ($ million)
Data Table on Residential - Market size and forecast 2023-2028 ($ million)
Chart on Residential - Year-over-year growth 2023-2028 (%)
Data Table on Residential - Year-over-year growth 2023-2028 (%)
8.4 Commercial - Market size and forecast 2023-2028
Chart on Commercial - Market size and forecast 2023-2028 ($ million)
Data Table on Commercial - Market size and forecast 2023-2028 ($ million)
Chart on Commercial - Year-over-year growth 2023-2028 (%)
Data Table on Commercial - Year-over-year growth 2023-2028 (%)
8.5 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
9 Market Segmentation by Delivery Mode
9.1 Market segments
Chart on Delivery Mode - Market share 2023-2028 (%)
Data Table on Delivery Mode - Market share 2023-2028 (%)
9.2 Comparison by Delivery Mode
Chart on Comparison by Delivery Mode
Data Table on Comparison by Delivery Mode
9.3 Offline - Market size and forecast 2023-2028
Chart on Offline - Market size and forecast 2023-2028 ($ million)
Data Table on Offline - Market size and forecast 2023-2028 ($ million)
Chart on Offline - Year-over-year growth 2023-2028 (%)
Data Table on Offline - Year-over-year growth 2023-2028 (%)
9.4 Online - Market size and forecast 2023-2028
Chart on Online - Market size and forecast 2023-2028 ($ million)
Data Table on Online - Market size and forecast 2023-2028 ($ million)
Chart on Online - Year-over-year growth 2023-2028 (%)
Data Table on Online - Year-over-year growth 2023-2028 (%)
9.5 Market opportunity by Delivery Mode
Market opportunity by Delivery Mode ($ million)
Data Table on Market opportunity by Delivery Mode ($ million)
10 Customer Landscape
10.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Drivers, Challenges, and Opportunity/Restraints
11.1 Market drivers
11.2 Market challenges
11.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
11.4 Market opportunities/restraints
12 Competitive Landscape
12.1 Overview
12.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
12.3 Landscape disruption
Overview on factors of disruption
12.4 Industry risks
Impact of key risks on business
13 Competitive Analysis
13.1 Companies profiled
Companies covered
13.2 Company ranking index
Company ranking index
13.3 Market positioning of companies
Matrix on companies position and classification
13.4 CV Raisa House Indonesia
CV Raisa House Indonesia - Overview
CV Raisa House Indonesia - Product / Service
CV Raisa House Indonesia - Key offerings
SWOT
13.5 Fabelio
Fabelio - Overview
Fabelio - Product / Service
Fabelio - Key offerings
SWOT
13.6 GGS
GGS - Overview
GGS - Product / Service
GGS - Key offerings
SWOT
13.7 Informa
Informa - Overview
Informa - Product / Service
Informa - Key offerings
SWOT
13.8 Inter IKEA Holding BV
Inter IKEA Holding BV - Overview
Inter IKEA Holding BV - Product / Service
Inter IKEA Holding BV - Key news
Inter IKEA Holding BV - Key offerings
SWOT
13.9 Lio Collection
Lio Collection - Overview
Lio Collection - Product / Service
Lio Collection - Key offerings
SWOT
13.10 PT Chitose International Tbk.
PT Chitose International Tbk. - Overview
PT Chitose International Tbk. - Product / Service
PT Chitose International Tbk. - Key offerings
SWOT
13.11 PT VIVERE Multi Kreasi
PT VIVERE Multi Kreasi - Overview
PT VIVERE Multi Kreasi - Product / Service
PT VIVERE Multi Kreasi - Key offerings
SWOT
13.12 Republic Furniture Group
Republic Furniture Group - Overview
Republic Furniture Group - Product / Service
Republic Furniture Group - Key offerings
SWOT
13.13 Wisanka Indonesia
Wisanka Indonesia - Overview
Wisanka Indonesia - Product / Service
Wisanka Indonesia - Key offerings
SWOT
14 Appendix
14.1 Scope of the report
14.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
14.3 Currency conversion rates for US$
Currency conversion rates for US$
14.4 Research methodology
Research methodology
14.5 Data procurement
Information sources
14.6 Data validation
Data validation
14.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
14.8 Data synthesis
Data synthesis
14.9 360 degree market analysis
360 degree market analysis
14.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Type
Exhibits 5: Executive Summary - Chart on Market Segmentation by Delivery Mode
Exhibits 6: Executive Summary - Chart on Company Market Positioning
Exhibits 7: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 8: Overview on criticality of inputs and factors of differentiation
Exhibits 9: Overview on factors of disruption
Exhibits 10: Impact of drivers and challenges in 2023 and 2028
Exhibits 11: Parent Market
Exhibits 12: Data Table on - Parent Market
Exhibits 13: Market characteristics analysis
Exhibits 14: Value Chain Analysis
Exhibits 15: Offerings of companies included in the market definition
Exhibits 16: Market segments
Exhibits 17: Chart on Indonesia - Market size and forecast 2023-2028 ($ million)
Exhibits 18: Data Table on Indonesia - Market size and forecast 2023-2028 ($ million)
Exhibits 19: Chart on Indonesia: Year-over-year growth 2023-2028 (%)
Exhibits 20: Data Table on Indonesia: Year-over-year growth 2023-2028 (%)
Exhibits 21: Historic Market Size - Data Table on Furniture Market in Indonesia 2018 - 2022 ($ million)
Exhibits 22: Historic Market Size - Type Segment 2018 - 2022 ($ million)
Exhibits 23: Historic Market Size - Delivery Mode Segment 2018 - 2022 ($ million)
Exhibits 24: Five forces analysis - Comparison between 2023 and 2028
Exhibits 25: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 26: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 29: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 30: Chart on Market condition - Five forces 2023 and 2028
Exhibits 31: Chart on Type - Market share 2023-2028 (%)
Exhibits 32: Data Table on Type - Market share 2023-2028 (%)
Exhibits 33: Chart on Comparison by Type
Exhibits 34: Data Table on Comparison by Type
Exhibits 35: Chart on Residential - Market size and forecast 2023-2028 ($ million)
Exhibits 36: Data Table on Residential - Market size and forecast 2023-2028 ($ million)
Exhibits 37: Chart on Residential - Year-over-year growth 2023-2028 (%)
Exhibits 38: Data Table on Residential - Year-over-year growth 2023-2028 (%)
Exhibits 39: Chart on Commercial - Market size and forecast 2023-2028 ($ million)
Exhibits 40: Data Table on Commercial - Market size and forecast 2023-2028 ($ million)
Exhibits 41: Chart on Commercial - Year-over-year growth 2023-2028 (%)
Exhibits 42: Data Table on Commercial - Year-over-year growth 2023-2028 (%)
Exhibits 43: Market opportunity by Type ($ million)
Exhibits 44: Data Table on Market opportunity by Type ($ million)
Exhibits 45: Chart on Delivery Mode - Market share 2023-2028 (%)
Exhibits 46: Data Table on Delivery Mode - Market share 2023-2028 (%)
Exhibits 47: Chart on Comparison by Delivery Mode
Exhibits 48: Data Table on Comparison by Delivery Mode
Exhibits 49: Chart on Offline - Market size and forecast 2023-2028 ($ million)
Exhibits 50: Data Table on Offline - Market size and forecast 2023-2028 ($ million)
Exhibits 51: Chart on Offline - Year-over-year growth 2023-2028 (%)
Exhibits 52: Data Table on Offline - Year-over-year growth 2023-2028 (%)
Exhibits 53: Chart on Online - Market size and forecast 2023-2028 ($ million)
Exhibits 54: Data Table on Online - Market size and forecast 2023-2028 ($ million)
Exhibits 55: Chart on Online - Year-over-year growth 2023-2028 (%)
Exhibits 56: Data Table on Online - Year-over-year growth 2023-2028 (%)
Exhibits 57: Market opportunity by Delivery Mode ($ million)
Exhibits 58: Data Table on Market opportunity by Delivery Mode ($ million)
Exhibits 59: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 60: Impact of drivers and challenges in 2023 and 2028
Exhibits 61: Overview on criticality of inputs and factors of differentiation
Exhibits 62: Overview on factors of disruption
Exhibits 63: Impact of key risks on business
Exhibits 64: Companies covered
Exhibits 65: Company ranking index
Exhibits 66: Matrix on companies position and classification
Exhibits 67: CV Raisa House Indonesia - Overview
Exhibits 68: CV Raisa House Indonesia - Product / Service
Exhibits 69: CV Raisa House Indonesia - Key offerings
Exhibits 70: SWOT
Exhibits 71: Fabelio - Overview
Exhibits 72: Fabelio - Product / Service
Exhibits 73: Fabelio - Key offerings
Exhibits 74: SWOT
Exhibits 75: GGS - Overview
Exhibits 76: GGS - Product / Service
Exhibits 77: GGS - Key offerings
Exhibits 78: SWOT
Exhibits 79: Informa - Overview
Exhibits 80: Informa - Product / Service
Exhibits 81: Informa - Key offerings
Exhibits 82: SWOT
Exhibits 83: Inter IKEA Holding BV - Overview
Exhibits 84: Inter IKEA Holding BV - Product / Service
Exhibits 85: Inter IKEA Holding BV - Key news
Exhibits 86: Inter IKEA Holding BV - Key offerings
Exhibits 87: SWOT
Exhibits 88: Lio Collection - Overview
Exhibits 89: Lio Collection - Product / Service
Exhibits 90: Lio Collection - Key offerings
Exhibits 91: SWOT
Exhibits 92: PT Chitose International Tbk. - Overview
Exhibits 93: PT Chitose International Tbk. - Product / Service
Exhibits 94: PT Chitose International Tbk. - Key offerings
Exhibits 95: SWOT
Exhibits 96: PT VIVERE Multi Kreasi - Overview
Exhibits 97: PT VIVERE Multi Kreasi - Product / Service
Exhibits 98: PT VIVERE Multi Kreasi - Key offerings
Exhibits 99: SWOT
Exhibits 100: Republic Furniture Group - Overview
Exhibits 101: Republic Furniture Group - Product / Service
Exhibits 102: Republic Furniture Group - Key offerings
Exhibits 103: SWOT
Exhibits 104: Wisanka Indonesia - Overview
Exhibits 105: Wisanka Indonesia - Product / Service
Exhibits 106: Wisanka Indonesia - Key offerings
Exhibits 107: SWOT
Exhibits 108: Inclusions checklist
Exhibits 109: Exclusions checklist
Exhibits 110: Currency conversion rates for US$
Exhibits 111: Research methodology
Exhibits 112: Information sources
Exhibits 113: Data validation
Exhibits 114: Validation techniques employed for market sizing
Exhibits 115: Data synthesis
Exhibits 116: 360 degree market analysis
Exhibits 117: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the furniture market in indonesia: CV Raisa House Indonesia, Dawood Indonesia, Fabelio, Galeri Jepara, GGS, Informa, Integra Group, Inter IKEA Holding BV, Kalingga Putra, Lio Collection, PT Chitose International Tbk., PT VIVERE Multi Kreasi, Republic Furniture Group, Vixi Inc., Wahana Kayu, and Wisanka Indonesia.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rising emphasis on eco-friendly furniture."

According to the report, one of the major drivers for this market is the rapid growth in urbanization.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • CV Raisa House Indonesia
  • Dawood Indonesia
  • Fabelio
  • Galeri Jepara
  • GGS
  • Informa
  • Integra Group
  • Inter IKEA Holding BV
  • Kalingga Putra
  • Lio Collection
  • PT Chitose International Tbk.
  • PT VIVERE Multi Kreasi
  • Republic Furniture Group
  • Vixi Inc.
  • Wahana Kayu
  • Wisanka Indonesia