Market Forecast By Material Types (Plastic, Wood, Metal, Other), By Applications (Residential, Commercial) And Competitive Landscape
Product Code: ETC009768 | Publication Date: Jul 2023 | Updated Date: Mar 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Indonesia Furniture market currently, in 2023, has witnessed an HHI of 5421, Which has decreased slightly as compared to the HHI of 5572 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.
Report Name | Indonesia Furniture Market |
Forecast period | 2025-2031 |
CAGR | 8.4% |
Growing Sector | Residential |
Indonesia Furniture Market report thoroughly covers the market By Material type and by Application. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Indonesia furniture market is experiencing steady growth, driven by rising demand from both the residential and commercial sectors. Increasing disposable incomes and a growing middle class contribute to the demand for furniture, especially in urban areas. Manufacturers in the region are focusing on innovation and incorporating sustainable practices to meet consumer preferences. The market is expected to expand further due to favorable government policies and a shift towards online furniture retailing.
According to 6Wresearch, the Indonesia Furniture Market is Projected to grow at CAGR of 8.4% during the forecast period 2025-2031. The market growth is primarily driven by an expanding middle class, which is increasing the demand for both residential and commercial furniture. Rising disposable incomes and urbanization are further fueling the need for modern furniture solutions, particularly in metropolitan regions. The ongoing shift towards online retail platforms is enhancing accessibility and convenience for consumers, thus broadening the market's reach. Moreover, the trend of incorporating sustainable materials and innovative designs is gaining momentum among both consumers and manufacturers.
However, the market faces challenges such as fluctuating raw material costs, particularly wood and metal, which may impact production costs. Additionally, the industry struggles with intense competition, both locally and internationally, which can limit profit margins. There is also a need for consistent innovation to meet the rapidly changing consumer preferences and the evolving demand for eco-friendly and functional furniture. Despite these challenges, the furniture market in Indonesia remains poised for steady growth, supported by a favorable economic outlook, government initiatives promoting local manufacturing, and an increasing emphasis on e-commerce platforms for furniture sales.
Indonesia Furniture Market is witnessing several key trends that are shaping its growth trajectory. There is a noticeable shift towards modern, multifunctional furniture as consumers seek designs that offer both aesthetics and practicality. The growing demand for sustainable and eco-friendly furniture made from recycled materials is gaining traction, driven by environmental awareness. Additionally, the expansion of e-commerce platforms is facilitating easier access to a broader range of furniture products, especially in urban areas. Indonesia Furniture Market Growth is also influenced by rising disposable incomes, which has led to a preference for higher-quality, premium furniture. Manufacturers are increasingly focusing on providing customization options to cater to the unique tastes of consumers. Moreover, with urbanization continuing at a rapid pace, there is significant demand for residential and commercial furniture, contributing to the market's growth. These trends are expected to continue shaping the furniture landscape in Indonesia.
Indonesia Furniture Market presents numerous investment opportunities, driven by both domestic and international demand. With the increasing trend of urbanization and rising disposable incomes, there is a growing need for premium residential and commercial furniture. Investors can capitalize on the demand for eco-friendly and sustainable furniture products, which aligns with global sustainability trends. Additionally, the rapid expansion of e-commerce platforms in the country provides an opportunity to invest in online furniture retail businesses. The demand for modern and multifunctional furniture, especially in urban areas, further opens avenues for investment in innovative product lines. Manufacturers focusing on high-quality materials and customization services are poised for growth. As the government continues to promote the local furniture industry, investments in production facilities, distribution channels, and technology-driven solutions could yield significant returns. These opportunities offer a promising future for investors in the Indonesian furniture sector.
The leading players in the Indonesia Furniture Industry include prominent companies such as Informa, Furniture now, and Selamat Semporna. These companies are renowned for their diverse furniture collections catering to both residential and commercial sectors. Informa, with its vast network of retail stores, is a key player in offering a wide variety of furniture and home decor products. Furniture now focuses on providing high-quality and modern furniture, establishing a strong presence both online and offline. Selamat Semporna, a leading manufacturer of home furniture, specializes in producing sustainable and durable products, making a significant contribution to the Indonesia Furniture Market Growth. Other notable players include Ace Hardware, Kandarian Furniture, and Bostan Furniture, who continue to expand their market share by offering innovative designs and customizations. These companies play a vital role in shaping the competitive landscape of the Indonesian furniture market.
The government has implemented various regulations to ensure the growth and sustainability of the furniture industry. These regulations primarily focus on promoting domestic manufacturing, ensuring product quality, and safeguarding environmental standards. The government has introduced initiatives to support the use of sustainable materials, encouraging the adoption of eco-friendly practices among manufacturers. Additionally, the government enforces quality control standards to ensure that furniture products meet international safety and durability requirements. Moreover, regulations regarding export procedures are aimed at facilitating the international trade of Indonesian-made furniture, which is a significant contributor to the country's economy. The government also supports small and medium enterprises (SMEs) within the furniture sector by offering incentives, grants, and access to funding for innovation. These efforts are designed to foster growth, enhance competitiveness, and promote sustainability in the industry.
The future of the Indonesia furniture market looks promising, with continued growth driven by both domestic demand and international exports. The industry is expected to benefit from rising disposable incomes, urbanization, and a growing middle class, leading to increased demand for quality residential and commercial furniture. Additionally, the shift towards eco-friendly and sustainable furniture options will likely be a key trend, with manufacturers focusing on incorporating recyclable materials and environmentally conscious production methods. The government’s support for small and medium enterprises (SMEs) and export initiatives will further stimulate innovation and global market expansion. However, challenges such as fluctuating raw material prices, intense competition, and the need for technological advancements in manufacturing processes may impact growth. Nevertheless, with the integration of modern design trends and sustainable practices, the Indonesia furniture market is poised for steady expansion in the coming years.
The Report offers a comprehensive study of the subsequent market segments and their leading categories.
Among the various category in the Indonesia furniture market, wood is expected to dominate the market due to its strong cultural significance, durability, and versatility. Wood remains the preferred material for both residential and commercial furniture due to its aesthetic appeal and long-lasting nature.
According to Kapil, Senior Research Analyst, 6Wresearch, the residential application category is expected to lead the Indonesia Furniture Market Share. The demand for residential furniture continues to grow, driven by increasing urbanization, rising disposable incomes, and changing consumer lifestyles.
The Report offers a comprehensive study of the subsequent market segments and their leading categories.
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 Furniture Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Furniture Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Furniture Market - Industry Life Cycle |
3.4 Indonesia Furniture Market - Porter's Five Forces |
3.5 Indonesia Furniture Market Revenues & Volume Share, By Material Types, 2021 & 2031F |
3.6 Indonesia Furniture Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Indonesia Furniture Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Furniture Market Trends |
6 Indonesia Furniture Market, By Types |
6.1 Indonesia Furniture Market, By Material Types |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Furniture Market Revenues & Volume, By Product Types, 2023-2031F |
6.1.3 Indonesia Furniture Market Revenues & Volume, By Plastic, 2023-2031F |
6.1.4 Indonesia Furniture Market Revenues & Volume, By Wood, 2023-2031F |
6.1.5 Indonesia Furniture Market Revenues & Volume, By Metal, 2023-2031F |
6.1.6 Indonesia Furniture Market Revenues & Volume, By Other, 2023-2031F |
6.2 Indonesia Furniture Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Furniture Market Revenues & Volume, By Residential, 2023-2031F |
6.2.3 Indonesia Furniture Market Revenues & Volume, By Commercial, 2023-2031F |
7 Indonesia Furniture Market Import-Export Trade Statistics |
7.1 Indonesia Furniture Market Export to Major Countries |
7.2 Indonesia Furniture Market Imports from Major Countries |
8 Indonesia Furniture Market Key Performance Indicators |
9 Indonesia Furniture Market - Opportunity Assessment |
9.1 Indonesia Furniture Market Opportunity Assessment, By Material Types, 2021 & 2031F |
9.2 Indonesia Furniture Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Indonesia Furniture Market - Competitive Landscape |
10.1 Indonesia Furniture Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Furniture Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |