Product Code: ETC086387 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Indonesia Lace market currently, in 2023, has witnessed an HHI of 3783, Which has increased moderately as compared to the HHI of 3173 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.
Indonesia has a vibrant lace market, which is one of the most important textile markets in Asia. The country?s lace industry is largely export-oriented and produces high quality products that are used extensively in apparel production both domestically and abroad. Indonesia lace manufacturing sector employs thousands of people directly and supports many more indirectly through its supply chain activities.
The overall trend in the Indonesia lace market is positive due to increasing demand from domestic as well as international buyers for their products. Indonesia exports of lacework have increased steadily over recent years, with Europe being a major importer followed by North America and South East Asian countries like Vietnam, Malaysia and Thailand. Additionally, there has been an increase in new product development within the Indonesia lace industry including advancements such as embroidery techniques that allow for multiple layers or textures on a single piece of fabric to create intricate designs. This has enabled local designers to produce unique pieces that can compete with imported ones at lower costs while still maintaining good quality standards. Furthermore, the availability of modern digital printing technology has also allowed manufacturers to produce custom patterns quickly without having to go through costly processes such as hand dyeing fabrics.
Several factors have helped drive growth in the Indonesia lace market including advances in technology (e-commerce platforms) allowing buyers easy access to information about available products; government initiatives such as zero percent import tariffs; incentives provided by local governments; investment climate improvements; infrastructure investments; increasing disposable incomes among middle class consumers; rising fashion trends (particularly female); growing popularity among younger generations who want stylish garments but don`t always want them made solely out of expensive materials like silk or cashmere etc.; and finally tax reforms making it easier for firms operating within this sector to conduct business operations smoothly without any legal complications/restrictions imposedby authorities.
The COVID-19 pandemic had an overall negative effect on all industries across Indonesia - particularly those related to textiles & garment manufacturing where lockdowns caused severe disruptions due to businesses facing closure orders & labour shortages occurring simultaneously throughout 2025 leading into 2025.
Lack of Government Support, Low Investment in Technology, Poor Marketing Strategies, Lack of Skilled Labor Force, High Competition from Imports.
Grosir Lace Indonesia, PT Permata Putra Mebel, CV Nusantara Seni Crafts.
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 Lace Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Lace Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Lace Market - Industry Life Cycle |
3.4 Indonesia Lace Market - Porter's Five Forces |
3.5 Indonesia Lace Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Indonesia Lace Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Indonesia Lace Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Lace Market Trends |
6 Indonesia Lace Market, By Types |
6.1 Indonesia Lace Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Lace Market Revenues & Volume, By Type, 2018 - 2031F |
6.1.3 Indonesia Lace Market Revenues & Volume, By Cotton Thread, 2018 - 2031F |
6.1.4 Indonesia Lace Market Revenues & Volume, By Flax, 2018 - 2031F |
6.1.5 Indonesia Lace Market Revenues & Volume, By Silk Thread, 2018 - 2031F |
6.1.6 Indonesia Lace Market Revenues & Volume, By Synthetic Fiber, 2018 - 2031F |
6.1.7 Indonesia Lace Market Revenues & Volume, By Fine Copper, 2018 - 2031F |
6.1.8 Indonesia Lace Market Revenues & Volume, By Silver Line, 2018 - 2031F |
6.2 Indonesia Lace Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Lace Market Revenues & Volume, By Clothes, 2018 - 2031F |
6.2.3 Indonesia Lace Market Revenues & Volume, By Shoes, 2018 - 2031F |
6.2.4 Indonesia Lace Market Revenues & Volume, By Accessories, 2018 - 2031F |
6.2.5 Indonesia Lace Market Revenues & Volume, By Soft Furniture, 2018 - 2031F |
6.2.6 Indonesia Lace Market Revenues & Volume, By Other, 2018 - 2031F |
7 Indonesia Lace Market Import-Export Trade Statistics |
7.1 Indonesia Lace Market Export to Major Countries |
7.2 Indonesia Lace Market Imports from Major Countries |
8 Indonesia Lace Market Key Performance Indicators |
9 Indonesia Lace Market - Opportunity Assessment |
9.1 Indonesia Lace Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Indonesia Lace Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Indonesia Lace Market - Competitive Landscape |
10.1 Indonesia Lace Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Lace Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |