Office Furniture Market in Indonesia Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Office Furniture Market Analysis in Indonesia and it is segmented By Material (Wood, Metal, Plastics, Others), By Product (Seating, Storage Units, Workstation, Tables, Other Accessories) and By Distribution Channel (Supermarkets & Hypermarkets, Specialty Stores, Online and Other Distribution Channels).

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Office Furniture in Indonesia Market Size

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Indonesia Office Furniture Market
Study Period 2020 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2020 - 2022
CAGR 4.20 %
Market Concentration Low

Major Players

Indonesia Office Furniture Market

*Disclaimer: Major Players sorted in no particular order
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Office Furniture in Indonesia Market Analysis

Office furniture market in Indonesia is expected to gain high revenue in the future due to expanding customer base across all regions of the country. The potential for locally manufactured furniture products in Indonesia is extensive, in line with the rapid development of office buildings across the country. Thus, office spending is likely to generate demand for furniture which is a basic necessity of the workspace area. The demand for modular and innovative solutions is likely to observe greater penetration among various type of office furniture. In addition, sharing workspace concept also gained wide popularity around the country. Rising concern towards environmental protection has intensified the demand for eco-friendly office furniture over the past few years. Keeping in mind the sustainability, the manufacturers are incorporating eco-friendly materials to manufacture furniture. Such innovation is anticipated to drive the growth of office furniture market over the next few years.

Office Furniture in Indonesia Market Trends

This section covers the major market trends shaping the Indonesia Office Furniture Market according to our research experts:

Rising Urbanization is Driving the Market

Urbanization is the process through which cities grow, and higher and higher percentages of the population come to live in the city. Indonesia has experienced ongoing urbanization, and it is estimated that over half of its population now lives in urban areas. The growing urbanization in the country, as well as the construction of new offices, escalates the demand for office furniture products. Limited land space in urban areas has resulted in vertical construction expansion. Thus, rising construction buildings and the establishment of new office buildings is likely to drive the demand for the office furniture market.

Indonesia Office Furniture Market 1

Wood is One of the Most Widely Used Materials for Office Furniture Production

The wood segment held the largest market share and is expected to expand at the highest CAGR over the forecast period. This growth is expected to accelerate as wood is one of the raw materials naturally available in abundance and can be used in the production of almost all types of furniture products. Numerous local Indonesian companies are utilizing reclaimed wood to make a variety of office furniture types ranging from tables, chairs and often complement their efforts with local reforestation programs. Moreover, wooden furniture manufacturers are increasingly focusing on providing eco-friendly and adaptable products for gaining a competitive edge in the market. In addition, the increasing popularity of luxury wooden furniture for improving office interior designs will provide potential growth opportunities for industry expansion.

Indonesia Office Furniture Market 2

Office Furniture in Indonesia Industry Overview

The report covers major international players operating in the Indonesia office furniture market. In terms of market share, some of the major players currently dominate the market. However, with technological advancement and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and by tapping new markets.

Office Furniture in Indonesia Market Leaders

  1. PT Chitose Internasional Tbk

  2. PT. Furnindo International

  3. Indachi Office Furniture

  4. Vinoti Office

  5. Stramm

*Disclaimer: Major Players sorted in no particular order

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Office Furniture in Indonesia Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Value Chain / Supply Chain Analysis

    5. 4.5 Porters 5 Force Analysis

      1. 4.5.1 Threat of New Entrants

      2. 4.5.2 Bargaining Power of Buyers/Consumers

      3. 4.5.3 Bargaining Power of Suppliers

      4. 4.5.4 Threat of Substitute Products

      5. 4.5.5 Intensity of Competitive Rivalry

    6. 4.6 Impact of COVID-19 on the Market

  5. 5. MARKET SEGMENTATION

    1. 5.1 Material

      1. 5.1.1 Wood

      2. 5.1.2 Metal

      3. 5.1.3 Plastic

      4. 5.1.4 Other Materials

    2. 5.2 Product

      1. 5.2.1 Seating

      2. 5.2.2 Storage Units

      3. 5.2.3 Tables

      4. 5.2.4 Workstations

      5. 5.2.5 Others

    3. 5.3 Distribution Channel

      1. 5.3.1 Supermarkets & Hypermarkets

      2. 5.3.2 Specialty Stores

      3. 5.3.3 Online

      4. 5.3.4 Other Distribution Channels

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Market Competition Overview

    2. 6.2 Company Profiles

      1. 6.2.1 PT Chitose Internasional Tbk

      2. 6.2.2 PT. Furnindo International

      3. 6.2.3 Indachi Office Furniture

      4. 6.2.4 Vinoti Office

      5. 6.2.5 Stramm

      6. 6.2.6 CV Anindo Furniture

      7. 6.2.7 PT Indovickers Furnitama

      8. 6.2.8 CV. KembangDjati Furniture

      9. 6.2.9 PT. Bate Furniture

      10. 6.2.10 Qualiteak

    3. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  8. 8. APPENDIX

  9. 9. DISCLAIMER

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Office Furniture in Indonesia Industry Segmentation

A complete background analysis of the Indonesia office furniture market, which includes an assessment of the National accounts, economy, and the emerging market trends by segments, significant changes in the market dynamics, and the market overview is covered in the report.

Material
Wood
Metal
Plastic
Other Materials
Product
Seating
Storage Units
Tables
Workstations
Others
Distribution Channel
Supermarkets & Hypermarkets
Specialty Stores
Online
Other Distribution Channels
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Office Furniture in Indonesia Market Research FAQs

The Indonesia Office Furniture Market is projected to register a CAGR of 4.20% during the forecast period (2024-2029)

PT Chitose Internasional Tbk, PT. Furnindo International, Indachi Office Furniture, Vinoti Office and Stramm are the major companies operating in the Indonesia Office Furniture Market.

The report covers the Indonesia Office Furniture Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Indonesia Office Furniture Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Office Furniture in Indonesia Industry Report

Statistics for the 2023 Office Furniture in Indonesia market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Office Furniture in Indonesia analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Office Furniture Market in Indonesia Report Snapshots

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Office Furniture Market in Indonesia Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)