Office Furniture in Indonesia Market Size
| 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
*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.
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.
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
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PT Chitose Internasional Tbk
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PT. Furnindo International
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Indachi Office Furniture
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Vinoti Office
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Stramm
*Disclaimer: Major Players sorted in no particular order
Office Furniture in Indonesia Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
- 4.2 Market Drivers
- 4.3 Market Restraints
- 4.4 Value Chain / Supply Chain Analysis
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4.5 Porters 5 Force Analysis
- 4.5.1 Threat of New Entrants
- 4.5.2 Bargaining Power of Buyers/Consumers
- 4.5.3 Bargaining Power of Suppliers
- 4.5.4 Threat of Substitute Products
- 4.5.5 Intensity of Competitive Rivalry
- 4.6 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
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5.1 Material
- 5.1.1 Wood
- 5.1.2 Metal
- 5.1.3 Plastic
- 5.1.4 Other Materials
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5.2 Product
- 5.2.1 Seating
- 5.2.2 Storage Units
- 5.2.3 Tables
- 5.2.4 Workstations
- 5.2.5 Others
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5.3 Distribution Channel
- 5.3.1 Supermarkets & Hypermarkets
- 5.3.2 Specialty Stores
- 5.3.3 Online
- 5.3.4 Other Distribution Channels
6. COMPETITIVE LANDSCAPE
- 6.1 Market Competition Overview
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6.2 Company Profiles
- 6.2.1 PT Chitose Internasional Tbk
- 6.2.2 PT. Furnindo International
- 6.2.3 Indachi Office Furniture
- 6.2.4 Vinoti Office
- 6.2.5 Stramm
- 6.2.6 CV Anindo Furniture
- 6.2.7 PT Indovickers Furnitama
- 6.2.8 CV. KembangDjati Furniture
- 6.2.9 PT. Bate Furniture
- 6.2.10 Qualiteak
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. APPENDIX
9. DISCLAIMER
** Subject To AvailablityOffice 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 |
Office Furniture in Indonesia Market Research FAQs
What is the current Indonesia Office Furniture Market size?
The Indonesia Office Furniture Market is projected to register a CAGR of 4.20% during the forecast period (2024-2029)
Who are the key players in Indonesia Office Furniture Market?
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.
What years does this Indonesia Office Furniture Market cover?
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.
