Product Code: ETC099707 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Indonesia rocking chair market has seen steady growth since the start of the 21st century. This can be attributed to rising incomes, a growing middle class, and increased demand for furniture in Indonesia as more people look to upgrade their existing living spaces. Additionally, with the onset of COVID-19 pandemic, there has been an increase in spending on home decoration items and furniture due to more time spent indoors. Moreover, rocking chairs have become increasingly popular among Indonesias as they provide comfort while being aesthetically pleasing at the same time.
Rocking chairs are becoming increasingly popular among Indonesias due to its wide range of benefits such as providing a sense of relaxation after a long day?s work or study session. Moreover, most modern designs come with features like built-in foot massagers which make them even more attractive for customers looking for comfort solutions within their homes. Furthermore, due to increasing awareness regarding eco-friendly materials usage in production processes by both manufacturers and consumers alike have led companies to shift from using synthetic materials towards organic ones such as teak wood; boosting overall market growth further.
The key drivers behind the growth of the Indonesia rocking chair market include increasing disposable income levels coupled with rising population numbers that comprise mostly young individuals who are majorly contributing towards purchasing power parity (PPP). Additionally, there is also government support provided through incentives meant for those looking forward into investing into local production capabilities; thus aiding further expansion plans amongst businesses operating within this sector. Furthermore other factors driving this trend include globalisation along with urbanization trends across cities like Jakarta leading towards an increased preference for western influenced interior d?cor styles which entail inclusion of wooden furniture pieces such as rockers within households and commercial settings alike.
The COVID-19 pandemic has had a major impact on the Indonesia rocking chair market. With restrictions on travel and social gatherings, consumer demand for furniture products has decreased significantly. This includes the demand for rocking chairs, as people are hesitant to purchase big ticket items during uncertain economic times.
One of the main challenges faced by manufacturers in this sector is competing with cheaper imported selections that have flooded the Indonesia market due to lax regulations and tax incentives given to foreign companies. Additionally, there is also competition from traditional furniture makers which still hold a strong presence in Indonesia rural areas where many households prefer their handcrafted pieces over mainstream alternatives such as those offered by larger brands.
Some of the key players in this sector include PT Raja Mebel Jaya Abadi (RMJA), Ancora Furniture Industries, Pilar Mas Mebel Jepara, Gudang Cahaya Furniturindo, Karya Utama Teak Indah Permai (KUTIP) and Mitra Jaya Furniture among others. These companies offer a variety of wooden rocking chairs ranging from classic designs to more modern styles that cater to different tastes and budgets.
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 Rocking Chairs Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Rocking Chairs Market Revenues & Volume, 2020 & 2027F |
3.3 Indonesia Rocking Chairs Market - Industry Life Cycle |
3.4 Indonesia Rocking Chairs Market - Porter's Five Forces |
3.5 Indonesia Rocking Chairs Market Revenues & Volume Share, By Types, 2020 & 2027F |
3.6 Indonesia Rocking Chairs Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 Indonesia Rocking Chairs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Rocking Chairs Market Trends |
6 Indonesia Rocking Chairs Market, By Types |
6.1 Indonesia Rocking Chairs Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Rocking Chairs Market Revenues & Volume, By Types, 2018 - 2027F |
6.1.3 Indonesia Rocking Chairs Market Revenues & Volume, By Metal, 2018 - 2027F |
6.1.4 Indonesia Rocking Chairs Market Revenues & Volume, By Fabric, 2018 - 2027F |
6.1.5 Indonesia Rocking Chairs Market Revenues & Volume, By Leather, 2018 - 2027F |
6.1.6 Indonesia Rocking Chairs Market Revenues & Volume, By Plastic, 2018 - 2027F |
6.1.7 Indonesia Rocking Chairs Market Revenues & Volume, By Others, 2018 - 2027F |
6.2 Indonesia Rocking Chairs Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Rocking Chairs Market Revenues & Volume, By Department Stores, 2018 - 2027F |
6.2.3 Indonesia Rocking Chairs Market Revenues & Volume, By Grocery Stores and Supermarkets, 2018 - 2027F |
6.2.4 Indonesia Rocking Chairs Market Revenues & Volume, By Warehouse Retailers, 2018 - 2027F |
6.2.5 Indonesia Rocking Chairs Market Revenues & Volume, By Convenience Retailer, 2018 - 2027F |
6.2.6 Indonesia Rocking Chairs Market Revenues & Volume, By Discount Retailer, 2018 - 2027F |
6.2.7 Indonesia Rocking Chairs Market Revenues & Volume, By Others, 2018 - 2027F |
7 Indonesia Rocking Chairs Market Import-Export Trade Statistics |
7.1 Indonesia Rocking Chairs Market Export to Major Countries |
7.2 Indonesia Rocking Chairs Market Imports from Major Countries |
8 Indonesia Rocking Chairs Market Key Performance Indicators |
9 Indonesia Rocking Chairs Market - Opportunity Assessment |
9.1 Indonesia Rocking Chairs Market Opportunity Assessment, By Types, 2020 & 2027F |
9.2 Indonesia Rocking Chairs Market Opportunity Assessment, By Application, 2020 & 2027F |
10 Indonesia Rocking Chairs Market - Competitive Landscape |
10.1 Indonesia Rocking Chairs Market Revenue Share, By Companies, 2020 |
10.2 Indonesia Rocking Chairs Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |