PUBLISHER: TechNavio | PRODUCT CODE: 1626042
PUBLISHER: TechNavio | PRODUCT CODE: 1626042
The furniture market in indonesia is forecasted to grow by USD 3996.4 mn 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.
Technavio's furniture market in indonesia is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 12.4% |
CAGR | 14.2% |
Incremental Value | $3996.4 mn |
By Type
By Delivery Mode
By Geographical Landscape
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:
The robust vendor analysis 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 publisher 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.
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