Who are the key players in Indonesia Home Furniture Market?

VIVERE Group, Republic Furniture Jepara, Raisa House Of Excellence, Integra Group and IKEA are the major companies operating in the Indonesia Home Furniture Market. Read More

What years does this Indonesia Home Furniture Market cover, and what was the market size in 2023?

In 2023, the Indonesia Home Furniture Market size was estimated at USD 3.67 billion. The report covers the Indonesia Home Furniture Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Indonesia Home Furniture Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Indonesia Home Furniture Market Size

Market Size of Indonesia Home Furniture Industry

Indonesia Home Furniture Market (2024 - 2029)

Study Period	2020 - 2029
Base Year For Estimation	2023
Market Size (2024)	USD 3.96 Billion
Market Size (2029)	USD 5.62 Billion
CAGR (2024 - 2029)	7.25 %
Market Concentration	Medium
Major Players *Disclaimer: Major Players sorted in no particular order

Indonesia Home Furniture Market Analysis

The Indonesia Home Furniture Market size is estimated at USD 3.96 billion in 2024, and is expected to reach USD 5.62 billion by 2029, at a CAGR of 7.25% during the forecast period (2024-2029).

Indonesia's home furniture market is expected to gain high revenue in the future due to an expanding customer base across all regions of the country. The rising demand for modern and expensive furniture due to the rising middle-class population in Indonesia is expected to assist the market in growing its revenue. Growing numbers of domestic and global players in the country are anticipated to be among the major factors driving the overall home furniture market in Indonesia. The abundance of natural resources with extensive plantations of bamboo and rattan in Indonesia is anticipated to invite foreign entrants to cater to the growing needs for furniture in the country. The expansion of the customer base for both domestic and global players is projected to add revenues to the overall market at a rapid pace.

The rising demand for modern and expensive furniture due to the rising middle-class population in Indonesia is expected to assist the market in growing its revenue. Growing numbers of domestic and global players in the country are anticipated to be among the major factors driving the overall home furniture market in Indonesia.

Indonesia Home Furniture Industry Segmentation

Furniture is a movable article used in a room or space suitable for working and living. The scope includes furniture used in residential, commercial, hospitality, and other applications.

The Indonesian furniture market is segmented by material (wood, metal, plastic, and other materials), application (home furniture, office furniture, hospitality furniture, and other furniture), and distribution channel (supermarkets, specialty stores, online, and other distribution channels).

The report offers market size and forecasts for the Indonesian furniture market in value (USD) for all the above segments.

By Material
		Wood
		Metal
		Plastic
		Other Materials

By Application
		Home Furniture
		Office Furniture
		Hospitality Furniture
		Other Furniture

By Distribution Channel
		Home Centers
		Flagship Stores
		Specialty Stores
		Online Stores
		Other Distribution Channels

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Indonesia Home Furniture Market Size Summary

The Indonesian home furniture market is poised for significant growth, driven by an expanding middle-class population and increasing urbanization. The demand for modern and high-quality furnishings is on the rise, as consumers seek furniture that offers both style and comfort. This trend is further fueled by the popularity of multi-purpose furniture, which caters to the needs of urban buyers looking to optimize their living spaces. The market is characterized by a diverse range of domestic and global players, with the abundance of natural resources like bamboo and rattan attracting foreign entrants. These factors collectively contribute to the anticipated revenue growth in the sector.

The market landscape is fragmented, with major players such as VIVERE Group, Republic Furniture Jepara, Raisa House Of Excellence, Integra Group, and IKEA holding significant shares. Competition is driven by consumer income, with large companies focusing on volume purchasing and product breadth, while smaller firms emphasize product depth and customer service. The increasing per capita income and adoption of modern lifestyle trends are transforming traditional households into luxury residences, boosting the demand for stylish and space-saving furniture solutions. This dynamic environment is expected to propel the Indonesian home furniture market forward over the forecast period.

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Indonesia Home Furniture Market Size - Table of Contents

1. MARKET INSIGHTS AND DYNAMICS
1. 1.1 Market Overview
2. 1.2 Market Drivers
  1. 1.2.1 Rapid Growth in Urbanization
3. 1.3 Market Restraints
  1. 1.3.1 Availability of Alternatives
4. 1.4 Market Opportunities
  1. 1.4.1 Technological Advancements
5. 1.5 Value Chain/Supply Chain Analysis
6. 1.6 Porter's Five Forces Analysis
  1. 1.6.1 Bargaining Power of Suppliers
  2. 1.6.2 Bargaining Power of Buyers/Consumers
  3. 1.6.3 Threat of New Entrants
  4. 1.6.4 Threat of Substitute Products
  5. 1.6.5 Intensity of Competitive Rivalry
7. 1.7 Trends Influencing the Indonesian Home Furniture Market
8. 1.8 Impact of COVID-19 on the Market
2. MARKET SEGMENTATION
1. 2.1 By Material
  1. 2.1.1 Wood
  2. 2.1.2 Metal
  3. 2.1.3 Plastic
  4. 2.1.4 Other Materials
2. 2.2 By Application
  1. 2.2.1 Home Furniture
  2. 2.2.2 Office Furniture
  3. 2.2.3 Hospitality Furniture
  4. 2.2.4 Other Furniture
3. 2.3 By Distribution Channel
  1. 2.3.1 Home Centers
  2. 2.3.2 Flagship Stores
  3. 2.3.3 Specialty Stores
  4. 2.3.4 Online Stores
  5. 2.3.5 Other Distribution Channels