Product Code: ETC043568 | 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 Wardrobes Market is estimated to reach aof USD 2.3 billion by 2026 growing with a CAGR of 9% during theperiod (2020-2026). The growing demand for furniture owing to rising urbanization and increasing middle-class population are some of the major factors driving the marketin this region. Additionally rapid economic development and increase in disposable income have encouraged people to upgrade their living standards through better home decoration which has also resulted in higher demand for wardrobes. Furthermore changing lifestyle habits among Indonesias have led them towards replacing old fashioned wardrobe systems with modern designs having different features like drawers lighting options etc. boosting the overall marketover the ed period.
Rapid urbanization coupled with increased infrastructure activities are resulting in more households which will further result in increasing demand for furniture products such as wardrobes across Indonesia. Apart from this modern amenities and construction techniques used these days due to intense competition betweenresult into better quality at cheaper rates making it easier for citizens to choose good quality products at suitable prices causing an upsurge in the overall sales volume of household items including wardrobes. With improved education system and job opportunities there has been a significant rise in disposable incomes leading towards rise of the middle-class population base across Indonesia resulting in higher expenditure on luxury items such as furniture products including wardrobe thus providing ample opportunity for market players operating within this domain thereby fuelling its marketover time ahead.
Despite all government initiatives taken since past few years still majority of citizens lack proper knowledge about basic housing needs or they fail to present adequate money required while purchasing sophisticated furniture items like wardrobe systems hence restricting their buying powers posing challenge beforeplayers pertaining specifically toward affordability issue concerning customers based out from remote areas who apparently form large part of total customer base existing across nation thus limiting potential prospects available within local markets thereby hindering its overall business expansions plans implemented by them lately within said domain functioning currently.
Some key players operating in Indonesia Wardrobes Market include IKEA Group; Calligaris; Royal Furniture Jepara; King Koil International Limited; Ashley Furniture Industries Inc.; Gautier SAS; Home Decorators Collection LLC.; Havertys Furnishings Inc.; Upper Room Home.
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 Wardrobes Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Wardrobes Market Revenues & Volume, 2020 & 2030F |
3.3 Indonesia Wardrobes Market - Industry Life Cycle |
3.4 Indonesia Wardrobes Market - Porter's Five Forces |
3.5 Indonesia Wardrobes Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 Indonesia Wardrobes Market Revenues & Volume Share, By Application, 2020 & 2030F |
4 Indonesia Wardrobes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Wardrobes Market Trends |
6 Indonesia Wardrobes Market, By Types |
6.1 Indonesia Wardrobes Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Wardrobes Market Revenues & Volume, By Type, 2020-2030F |
6.1.3 Indonesia Wardrobes Market Revenues & Volume, By Finished Wardrobes, 2020-2030F |
6.1.4 Indonesia Wardrobes Market Revenues & Volume, By Customized Wardrobes, 2020-2030F |
6.2 Indonesia Wardrobes Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Wardrobes Market Revenues & Volume, By Residential Use, 2020-2030F |
6.2.3 Indonesia Wardrobes Market Revenues & Volume, By Commercial Use, 2020-2030F |
7 Indonesia Wardrobes Market Import-Export Trade Statistics |
7.1 Indonesia Wardrobes Market Export to Major Countries |
7.2 Indonesia Wardrobes Market Imports from Major Countries |
8 Indonesia Wardrobes Market Key Performance Indicators |
9 Indonesia Wardrobes Market - Opportunity Assessment |
9.1 Indonesia Wardrobes Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 Indonesia Wardrobes Market Opportunity Assessment, By Application, 2020 & 2030F |
10 Indonesia Wardrobes Market - Competitive Landscape |
10.1 Indonesia Wardrobes Market Revenue Share, By Companies, 2023 |
10.2 Indonesia Wardrobes Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |