Product Code: ETC042249 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Indonesia Woodworking Tools market currently, in 2023, has witnessed an HHI of 4231, Which has increased moderately as compared to the HHI of 2450 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.
The woodworking tools market in Indonesia is expected to grow at a CAGR of 6.10% during theperiod 2020-2026. The Indonesia woodworking tools market has been driven by growing demand for wooden furniture increasing construction activities and rising trend of DIY (Do It Yourself) wood crafts. These factors have propelled thein demand for woodworking machines such as saws routers joiners planers sanders lathes and drills. Moreover government initiatives like One District One Product (ODOP) which aims to promote localincluding small scale timber crafting are further boosting theof this segment.
In recent years there has been an increase in demand for wooden furniture from households across Indonesia owing to its unique character that adds warmth and style to create cozy living spaces within homes as well as work places thus driving up sales of related products including adhesives and glue used along with these tools/machines. With advancements made in construction technology coupled with economic developments taking place throughout Indonesia more buildings are being constructed leading to increased demand for various types of specialized hardwood machinery such as automated saws which can accurately cut curves or multiple pieces at once making it easier and faster than ever before.With people becoming more creative the popularity of do-it-yourself (DIY) projects involving working on wood has risen significantly over time providing huge opportunities for manufacturers producing handheld power tools like chisels planes sandpapers etc
Although some raw materials required by Indonesia manufacturers are often imported expensively due to high tariffs imposed on them coupled with a lack of skilled labor force cost associated with production remains relatively higher compared to other countries thus limiting overall profitability potential. Due To lower levels of income present among most rural areas across Indonesia combined with inadequate access to credit facilities individuals residing in these localities find it difficult buy quality wooden products including ones manufactured using advanced machinery resulting low profits earned byoperating within region. Chinese imports account significanttotal volume imported into country major portion this comprising comparatively cheaper varieties of items Thus intensifying competition faced by domestic players operating in different segmentsespecially those catering to mass-market consumers.
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 Woodworking Tools Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Woodworking Tools Market Revenues & Volume, 2020 & 2030F |
3.3 Indonesia Woodworking Tools Market - Industry Life Cycle |
3.4 Indonesia Woodworking Tools Market - Porter's Five Forces |
3.5 Indonesia Woodworking Tools Market Revenues & Volume Share, By Operations, 2020 & 2030F |
3.6 Indonesia Woodworking Tools Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.7 Indonesia Woodworking Tools Market Revenues & Volume Share, By End-Users, 2020 & 2030F |
3.8 Indonesia Woodworking Tools Market Revenues & Volume Share, By Sales Channel, 2020 & 2030F |
4 Indonesia Woodworking Tools Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Woodworking Tools Market Trends |
6 Indonesia Woodworking Tools Market, By Types |
6.1 Indonesia Woodworking Tools Market, By Operations |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Woodworking Tools Market Revenues & Volume, By Operations, 2020-2030F |
6.1.3 Indonesia Woodworking Tools Market Revenues & Volume, By Handheld, 2020-2030F |
6.1.4 Indonesia Woodworking Tools Market Revenues & Volume, By Power Tools, 2020-2030F |
6.1.5 Indonesia Woodworking Tools Market Revenues & Volume, By Electric, 2020-2030F |
6.1.6 Indonesia Woodworking Tools Market Revenues & Volume, By Pneumatic, 2020-2030F |
6.2 Indonesia Woodworking Tools Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Woodworking Tools Market Revenues & Volume, By Bandsaw, 2020-2030F |
6.2.3 Indonesia Woodworking Tools Market Revenues & Volume, By Chisels, 2020-2030F |
6.2.4 Indonesia Woodworking Tools Market Revenues & Volume, By Hammers, 2020-2030F |
6.2.5 Indonesia Woodworking Tools Market Revenues & Volume, By Planes, 2020-2030F |
6.2.6 Indonesia Woodworking Tools Market Revenues & Volume, By Workbench, 2020-2030F |
6.2.7 Indonesia Woodworking Tools Market Revenues & Volume, By Sanders, 2020-2030F |
6.2.8 Indonesia Woodworking Tools Market Revenues & Volume, By Others, 2020-2030F |
6.2.9 Indonesia Woodworking Tools Market Revenues & Volume, By Others, 2020-2030F |
6.3 Indonesia Woodworking Tools Market, By End-Users |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Woodworking Tools Market Revenues & Volume, By Manufacturing/Industrial, 2020-2030F |
6.3.3 Indonesia Woodworking Tools Market Revenues & Volume, By Professional, 2020-2030F |
6.3.4 Indonesia Woodworking Tools Market Revenues & Volume, By DIY, 2020-2030F |
6.3.5 Indonesia Woodworking Tools Market Revenues & Volume, By Residential, 2020-2030F |
6.4 Indonesia Woodworking Tools Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Indonesia Woodworking Tools Market Revenues & Volume, By Offline, 2020-2030F |
6.4.3 Indonesia Woodworking Tools Market Revenues & Volume, By Authorized Distributor/Dealer, 2020-2030F |
6.4.4 Indonesia Woodworking Tools Market Revenues & Volume, By Mom and Pop Stores, 2020-2030F |
6.4.5 Indonesia Woodworking Tools Market Revenues & Volume, By Supermarkets/Hypermarkets, 2020-2030F |
6.4.6 Indonesia Woodworking Tools Market Revenues & Volume, By Online, 2020-2030F |
7 Indonesia Woodworking Tools Market Import-Export Trade Statistics |
7.1 Indonesia Woodworking Tools Market Export to Major Countries |
7.2 Indonesia Woodworking Tools Market Imports from Major Countries |
8 Indonesia Woodworking Tools Market Key Performance Indicators |
9 Indonesia Woodworking Tools Market - Opportunity Assessment |
9.1 Indonesia Woodworking Tools Market Opportunity Assessment, By Operations, 2020 & 2030F |
9.2 Indonesia Woodworking Tools Market Opportunity Assessment, By Product Type, 2020 & 2030F |
9.3 Indonesia Woodworking Tools Market Opportunity Assessment, By End-Users, 2020 & 2030F |
9.4 Indonesia Woodworking Tools Market Opportunity Assessment, By Sales Channel, 2020 & 2030F |
10 Indonesia Woodworking Tools Market - Competitive Landscape |
10.1 Indonesia Woodworking Tools Market Revenue Share, By Companies, 2023 |
10.2 Indonesia Woodworking Tools Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |