Product Code: ETC212860 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
Indonesia Carpet market currently, in 2023, has witnessed an HHI of 4482, Which has increased slightly as compared to the HHI of 4342 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Indonesia Carpet Market Outlook projects a positive outlook for the carpet industry, driven by the growing demand for interior decoration and home improvement products. As Indonesians invest more in home aesthetics, the carpet market is expected to experience sustained growth. Manufacturers will likely focus on offering a diverse range of carpets, including eco-friendly and sustainable options, to cater to evolving consumer preferences.
The Indonesia Carpet market is witnessing significant growth, primarily driven by several key factors. Firstly, the increasing demand for carpets in the residential, commercial, and hospitality sectors has fueled market expansion. Carpets are widely used for their aesthetic appeal and functional properties, such as sound absorption and insulation. The growing construction and real estate industries have also contributed to the market`s growth as more buildings and establishments require carpets for flooring and decor. Additionally, the rising disposable income and changing consumer lifestyles have increased the adoption of carpets as a home furnishing item, further driving the market. Moreover, the availability of a wide variety of carpets, including traditional, modern, and eco-friendly options, has attracted a larger consumer base. Furthermore, the promotion of the tourism sector has boosted the hospitality industry`s demand for carpets, positively impacting the market.
The carpet market in Indonesia encounters specific challenges as it seeks to cater to the domestic and international demand for carpets. One of the significant challenges is the competition from other carpet-producing countries with established export markets. To compete effectively, Indonesian carpet manufacturers need to emphasize product quality, design innovation, and efficient production processes. Fluctuations in raw material prices, especially for natural fibers like wool, can impact the cost of production and subsequently affect the pricing of carpets. Managing these cost fluctuations is crucial for the profitability of carpet manufacturers.
The Indonesia carpet market has shown growth in recent years, driven by the increasing demand for home decor and interior furnishings. However, the outbreak of the COVID-19 pandemic had a substantial impact on the market. With restrictions on gatherings and events, the hospitality and commercial sectors, which are significant consumers of carpets, experienced a temporary setback. Nevertheless, as the country lifted restrictions and businesses reopened, the market began to recover, driven by the residential sector`s growing interest in home improvement during the pandemic. The market is expected to bounce back, supported by the resurgence of the hospitality industry and an overall improvement in consumer confidence in the post-pandemic era.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Carpet Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Carpet Market Revenues & Volume, 2020 & 2030F |
3.3 Indonesia Carpet Market - Industry Life Cycle |
3.4 Indonesia Carpet Market - Porter's Five Forces |
3.5 Indonesia Carpet Market Revenues & Volume Share, By By Product Type, 2020 & 2030F |
3.6 Indonesia Carpet Market Revenues & Volume Share, By By Material Type, 2020 & 2030F |
3.7 Indonesia Carpet Market Revenues & Volume Share, By By End Use, 2020 & 2030F |
4 Indonesia Carpet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Carpet Market Trends |
6 Indonesia Carpet Market, By Types |
6.1 Indonesia Carpet Market, By By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Carpet Market Revenues & Volume, By By Product Type, 2020-2030F |
6.1.3 Indonesia Carpet Market Revenues & Volume, By Woven, 2020-2030F |
6.1.4 Indonesia Carpet Market Revenues & Volume, By Knotted, 2020-2030F |
6.1.5 Indonesia Carpet Market Revenues & Volume, By Needle Felt, 2020-2030F |
6.1.6 Indonesia Carpet Market Revenues & Volume, By Tufted, 2020-2030F |
6.2 Indonesia Carpet Market, By By Material Type |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Carpet Market Revenues & Volume, By Nylon, 2020-2030F |
6.2.3 Indonesia Carpet Market Revenues & Volume, By Polypropylene, 2020-2030F |
6.2.4 Indonesia Carpet Market Revenues & Volume, By Polyester, 2020-2030F |
6.2.5 Indonesia Carpet Market Revenues & Volume, By Acrylic, 2020-2030F |
6.2.6 Indonesia Carpet Market Revenues & Volume, By Wools & Its Blends, 2020-2030F |
6.3 Indonesia Carpet Market, By By End Use |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Carpet Market Revenues & Volume, By Infrastructure, 2020-2030F |
6.3.3 Indonesia Carpet Market Revenues & Volume, By Residential, 2020-2030F |
6.3.4 Indonesia Carpet Market Revenues & Volume, By Commercial, 2020-2030F |
6.3.5 Indonesia Carpet Market Revenues & Volume, By Industrial, 2020-2030F |
6.3.6 Indonesia Carpet Market Revenues & Volume, By Transportation, 2020-2030F |
6.3.7 Indonesia Carpet Market Revenues & Volume, By Sports & Leisure , 2020-2030F |
7 Indonesia Carpet Market Import-Export Trade Statistics |
7.1 Indonesia Carpet Market Export to Major Countries |
7.2 Indonesia Carpet Market Imports from Major Countries |
8 Indonesia Carpet Market Key Performance Indicators |
9 Indonesia Carpet Market - Opportunity Assessment |
9.1 Indonesia Carpet Market Opportunity Assessment, By By Product Type, 2020 & 2030F |
9.2 Indonesia Carpet Market Opportunity Assessment, By By Material Type, 2020 & 2030F |
9.3 Indonesia Carpet Market Opportunity Assessment, By By End Use, 2020 & 2030F |
10 Indonesia Carpet Market - Competitive Landscape |
10.1 Indonesia Carpet Market Revenue Share, By Companies, 2023 |
10.2 Indonesia Carpet Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |