Indonesia Household Appliances Market (2020-2026) | Size, Share, Growth, Value, Revenue, Analysis, Trends, Industry, Segmentation, Outlook & COVID-19 IMPACT

Indonesia Household Appliances Market | Country-Wise Share and Competition Analysis

In the year 2021, China was the largest exporter in terms of value, followed by Thailand. It has registered a growth of 21.41% over the previous year. While Thailand registered a growth of 0.02% as compared to the previous year. In the year 2017, China was the largest exporter followed by Thailand. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, Indonesia has a Herfindahl index of 4105 in 2017 which signifies high concentration also in 2021 it registered a Herfindahl index of  4482 which signifies high concentration in the market.

Indonesia Household Appliances Market - Export Market OpportunitiesTopics Covered in the Indonesia Household Appliances Market

The Indonesia Household Appliances Market report thoroughly covers the market by product and distribution channel. The market outlook 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.

Latest (2023) Development of the Indonesia Household Appliances Market

Indonesia Household Appliances Market is set to continue its growth momentum, predicted to grow in the forthcoming years. The growth is bolstered by rising demand for smart and energy-efficient appliances as consumers are increasingly conscious of their carbon footprint and cost savings. This has been further fuelled by e-commerce platforms influencing digital strategies adopted by appliance companies. Nevertheless, pandemic-induced economic uncertainty is likely to hinder its growth. Companies operating in this space must remain adaptive to consumer preferences and strive towards incorporating new technologies in their offerings to gain a competitive edge in the Indonesia Household Appliances Industry.

Indonesia Household Appliances Market Synopsis

Indonesia Household Appliances Market is experiencing growth due to an increase in disposable incomes among its huge population. Additionally, the government policies aimed at boosting economic growth and consumer spending are further spurring Indonesia Household Appliances Market Growth. Moreover, technological advancements are also expected to bolster the growth of this market. However, obstacles such as high import taxes on foreign goods, limited demand for expensive products, and lack of infrastructure still pose challenges to the industry's long-term development. With increasing urbanization rates and growing awareness about energy efficiency–the future looks positive for those seeking a profitable investment opportunity in this lucrative industry.

According to 6Wresearch, the Indonesia Household Appliances Market is projected to grow during 2020-2026. The Indonesia Household Appliances Market has seen significant development over the coming years bolstered by several factors such as growing interest in energy-efficient products, as customers become aware of their environmental impact and look for methods to lower their electricity costs. This inclination has led manufacturers to create modern appliances with superior energy ratings and technically advanced features.

COVID-19 Impact on the Indonesia Household Appliances Market

The COVID-19 pandemic has had a great impact on the Indonesia Household Appliances Market Size. Despite the steady demand for refrigerators, washing machines and air conditioners, buyers transferred to online purchases due to social distancing measures. This has led many retailers and manufacturers to increase their presence on e-commerce websites in order to reach more consumers and offer discounts. On the other hand, disruptions in supply chains caused a shortage of materials needed for production.

Key Players in the Indonesia Household Appliances Market

The Indonesia Household Appliances Market which is a major part of the Asia Pacific Household Appliances Market is highly competitive with numerous key players dominating the industry. These companies offer an extensive selection of products to meet the requirements of households. The leading players operating in this market are;

• Samsung Electronics Co., Ltd
• LG Electronics Inc.
• Panasonic Corporation
• Sharp Corporation
• Toshiba Corporation
• Hitachi Ltd
• Electrolux AB and Polytron Corp

Market Analysis by Distribution Channel

According to Shivankar, Research Manager, 6Wresearch, Supermarkets, and hypermarkets are the primary channels for household appliances that offer a range of products and attract a large customer base. Besides, Specialty stores are popular among consumers who seek personalized service. Moreover, the e-commerce channel is experiencing significant growth and is expected to dominate the Indonesia Household Appliances Market Share due to its convenience, competitive pricing, and wide range of options.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2016 to 2019.
• Base Year: 2019.
• Forecast Data until 2026.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Indonesia Household Appliances Market Outlook
• Market Size of Indonesia Household Appliances Market, 2019
• Forecast of Indonesia Household Appliances Market, 2026
• Historical Data and Forecast of Indonesia Household Appliances Revenues & Volume for the Period 2016 - 2026
• Indonesia Household Appliances Market Trend Evolution
• Indonesia Household Appliances Market Drivers and Challenges
• Indonesia Household Appliances Price Trends
• Indonesia Household Appliances Porter's Five Forces
• Indonesia Household Appliances Industry Life Cycle
• Historical Data and Forecast of Indonesia Household Appliances Market Revenues & Volume By Product for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Household Appliances Market Revenues & Volume By Refrigerator for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Household Appliances Market Revenues & Volume By Air Conditioner & Heater for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Household Appliances Market Revenues & Volume By Entertainment & Information Appliances for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Household Appliances Market Revenues & Volume By Washing Machine for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Household Appliances Market Revenues & Volume By Cleaning Appliance for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Household Appliances Market Revenues & Volume By Cooktop, Cooking Range, Microwave & Oven for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Household Appliances Market Revenues & Volume By Others for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Household Appliances Market Revenues & Volume By Distribution Channel for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Household Appliances Market Revenues & Volume By Supermarket & Hypermarket for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Household Appliances Market Revenues & Volume By Specialty Stores for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Household Appliances Market Revenues & Volume By e-Commerce for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Household Appliances Market Revenues & Volume By Others for the Period 2016 - 2026
• Indonesia Household Appliances Import Export Trade Statistics
• Market Opportunity Assessment By Product
• Market Opportunity Assessment By Distribution Channel
• Indonesia Household Appliances Top Companies Market Share
• Indonesia Household Appliances Competitive Benchmarking By Technical and Operational Parameters
• Indonesia Household Appliances Company Profiles
• Indonesia Household Appliances Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Product

• Refrigerator
• Air Conditioner & Heater
• Entertainment & Information Appliances
• Washing Machine
• Cleaning Appliance
• Cooktop
• Cooking Range
• Microwave & Oven
• Others

By Distribution Channel

• Supermarket & Hypermarket
• Specialty Stores
• E-Commerce
• Others