印尼家具行业市场前景及投资研究报告-外文版培训课件

INDUSTRIES

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MARKETSFurnituremarketinIndonesiaCHAPTER

01OverviewRevenueofthefurnituremarketinIndonesiafrom2019to2029(inbillionU.S.dollars)RevenueofthefurnituremarketinIndonesia2019-20294.03.523.453.373.53.33.223.153.072.982.953.02.52.01.51.00.50.02.742.7201920202021202220232024202520262027202820294Description:TherevenueinthefurnituremarketinIndonesiawasforecasttocontinuouslyincreasebetween2024and2029byintotal0.4billionU.S.dollars(+12.7percent).Aftertheseventhconsecutiveincreasingyear,theindicatorisestimatedtoreach3.52billionU.S.dollarsandthereforeanewpeakin2029.ReadmoreNote(s):Indonesia;2019to2029Source(s):RevenuegrowthofthefurnituremarketinIndonesiafrom2019to2028RevenuegrowthofthefurnituremarketinIndonesia2019-202810%8.88%8.77%8%6%4%2%0%-2%6.72%6.49%6.41%6.39%5.64%5.67%1.44%2020-0.88%2022201920212023202420252026202720285Description:TherevenuechangeinthefurnituremarketinIndonesiawasforecasttoincreasebetween2024and2028byintotal0.8percentagepoints.Thisoverallincreasedoesnothappencontinuously,notablynotin2026and2027.Theindicatorisestimatedtoamountto6.49percentin2028.ReadmoreNote(s):Indonesia;2019to2028Source(s):Averagerevenueperuser(ARPU)ofthefurnituremarketinIndonesiafrom2018to2028(inU.S.dollars)FurnituremarketARPUIndonesia2018-202816141214.6913.913.1612.4611.7611.2210.8710.71010.061089.276420201820192020202120222023202420252026202720286Description:TheaveragerevenuepercapitainthefurnituremarketinIndonesiawasforecasttocontinuouslyincreasebetween2024and2028byintotal2.9U.S.dollars(+24.66percent).Afterthesixthconsecutiveincreasingyear,theindicatorisestimatedtoreach14.69U.S.dollarsandthereforeanewpeakin2028.ReadmoreNote(s):Indonesia;2018to2028Source(s):RevenueofthefurnituremarketinIndonesiain2023,bysegment(inbillionU.S.dollars)RevenueofthefurnituremarketinIndonesia2023,bysegment1,200965.631,0008006004002000950.46474.35229.68162.64156.95130.89LivingRoomFurnitureHomeDécorBedroomFurnitureLamps&LightingOutdoorFurnitureKitchen&DiningFurnitureHomeOfficeFurniture7Description:Concerningthesevenselectedsegments,thesegmentLivingRoomFurniturehasthelargestrevenuewith965.63millionU.S.dollars.Contrastingly,HomeOfficeFurnitureisrankedlast,with130.89millionU.S.dollars.Theirdifference,comparedtoLivingRoomFurniture,liesat834.74millionU.S.dollars.ReadmoreNote(s):Indonesia;Jan1sttoDec31st2023Source(s):CHAPTER

02ManufacturingGrossdomesticproduct(GDP)fromthemanufactureoffurnitureinIndonesiafrom2014to2023(intrillionIndonesianrupiah)GDPfrommanufactureoffurnitureIndonesia2014-20234542.1741.9742.1839.2438.6540353025201510535.4933.8532.1231.3428.120201420152016201720182019202020212022*2023**9Description:In2023,preliminaryfiguresshowedthatthegrossdomesticproduct(GDP)fromthemanufactureoffurnitureinIndonesiaamountedto42.18trillionIndonesianrupiah.Havinggrownsteadilyforsixyears,theGDPderivedfromfurnituremanufacturinginIndonesiadecreasedin2020.ReadmoreNote(s):Indonesia;2014to2023;atcurrentmarketprices;*Preliminaryfigures.**Verypreliminaryfigures.1,000Indonesianrupiah(IDR)equalstoapproximately0.064U.S.dollarsand0.059eurosasofMarch2024.

ReadmoreSource(s):StatisticsIndonesiaShareofgrossdomesticproduct(GDP)atcurrentmarketpricesofthefurnituremanufacturingindustryinIndonesiafrom2019to2023ShareofGDPfromfurnituremanufacturingindustryIndonesia2019-20230.3%0.25%0.25%0.25%0.3%0.2%0.2%0.1%0.1%0.0%0.21%0.2%2019202020212022202310Description:In2023,preliminaryfiguresshowedtheshareofGDPofthefurnituremanufacturingindustryinIndonesiawasat0.2percent,showingaslightdecreasefromthepreviousyear.Indonesiaisoneoftheworld'slargestmanufacturingcountries,andtheindustryisbecomingincreasinglyimportanttothecountry'seconomy.ReadmoreNote(s):Indonesia;2019to2023;*Preliminaryfigures

**VerypreliminaryfiguresReadmoreSource(s):StatisticsIndonesiaGrossvalueadded(GVA)fromthelargeandmedium-sizedfurnituremanufacturingindustryinIndonesiafrom2014to2023(intrillionIndonesianrupiah)GVAofthelargeandmedium-sizedfurnituremanufacturingIndonesia2014-20234035.143530.5529.873025201510527.5627.0226.8521.6521.4519.6914.7520160201420152017201820192020202120222023*11Description:In2023,thegrossvalueaddedfromthelargeandmedium-sizedfurnituremanufacturingindustryinIndonesiaamountedtoapproximately19.69trillionIndonesianrupiah,accountingforadecreasecomparedtothepreviousyear.Thegrossvalueaddedbytheindustryhadfluctuatedwithintheobservedtimeline,withthelowestin2016.ReadmoreNote(s):Indonesia;2014to2023;*Estimatedfigure

1,000Indonesianrupiah(IDR)equalstoapproximately0.064U.S.dollarsand0.059eurosasofMarch2024.

ReadmoreSource(s):StatisticsIndonesiaNumberofcompaniesinthelargeandmedium-sizedfurnituremanufacturingindustryinIndonesiafrom2020to2023CompanynumberoflargeandmediumfurnituremanufacturingIndonesia2020-20231,6001,4371,3901,3751,4001,2001,00080060040020001,2792020202120222023*12Description:In2023,thenumberofcompaniesinthelargeandmedium-sizedfurnituremanufacturingindustryinIndonesiaamountedto1,437,indicatinganincreasefromthepreviousyear.Thenumberofthecompaniesinthisindustrywasatthelowestin2022withintheobservedperiod,at1,279.ReadmoreNote(s):Indonesia;2020to2023;*EstimatedfigureReadmoreSource(s):StatisticsIndonesiaNumberofworkersinthelargeandmedium-sizedfurnituremanufacturingindustryinIndonesiafrom2014to2023(inthousands)Largeandmedium-sizedfurnituremanufacturingemploymentIndonesia2014-2023250211.66200184.36182.61182.94171.79172.21167.44164.25160.3815010050137.0802014201520162017201820192020202120222023*13Description:In2023,thenumberofworkersinthelargeandmedium-sizedfurnituremanufacturingindustryinIndonesiaamountedtoapproximately164,250,accountingforanincreasecomparedtothepreviousyear.Thenumberofworkersintheindustryhadfluctuatedwithintheobservedperiod,withthehighestin2017.ReadmoreNote(s):Indonesia;2014to2023;*Estimatedfigure

Thefigureshavebeenrounded.ReadmoreSource(s):StatisticsIndonesiaGrossvalueadded(GVA)fromthemicroandsmall-sizedfurnituremanufacturingindustryinIndonesiafrom2013to2022(intrillionIndonesianrupiah)GVAofmicroandsmall-sizedfurnituremanufacturingIndonesia2013-2022MicroSmall302520151059.9712.989.085.614.196.552.9112.920215.526.7413.41201713.21202212.44201811.65201910.83201410.9420159.774.4602013202014Description:In2022,thegrossvalueaddedfromthemicro-sizedfurnituremanufacturingindustryinIndonesiaamountedtoapproximately13.21trillionIndonesianrupiah.Indonesiaisoneoftheworld'slargestmanufacturingnations,andtheimportanceofthesectorinthecountryhascontinuouslyincreasedoverthepreviousfewdecades.ReadmoreNote(s):Indonesia;2013to2022Source(s):StatisticsIndonesiaProducerpriceindex(PPI)forfurnituremanufacturingindustryinIndonesiafrom2020to2023PPIforfurnituremanufacturingindustryIndonesia2020-2023180169.4166.1164.17162.53160140120100806040200202020212022202315Description:In2023,theproducerpriceindex(PPI)ofthefurnituremanufacturingindustryinIndonesiawas169.4,anincreasefrom166.1inthepreviousyear.ThePPImeasuresthechangerateinthepricesofgoodssoldastheyleavetheproducer,excludingfactorsliketaxes,transportcosts,etc.ReadmoreNote(s):Indonesia;2020to2023Source(s):StatisticsIndonesiaCHAPTER

03ProductionLaborcostsinthelargeandmedium-sizedfurnituremanufacturingindustryinIndonesiafrom2020to2023(intrillionIndonesianrupiah)LaborcostsinthelargeandmediumfurnituremanufacturingIndonesia2020-202398.248.088765432106.746.462020202120222023*17Description:In2023,thelaborcostsinthelargeandmedium-sizedfurnituremanufacturingindustryinIndonesiaamountedtoabout8.24trillionIndonesianrupiah.Inthatyear,thetotallaborcostsinthelargeandmedium-sizedmanufacturingsectorwasaround353.21trillionIndonesianrupiah.ReadmoreNote(s):Indonesia;2020to2023;*Estimatedfigure

1,000Indonesianrupiah(IDR)equalstoapproximately0.064U.S.dollarsand0.059eurosasofMarch2024.

ReadmoreSource(s):StatisticsIndonesiaRawmaterialcostfromthelargeandmedium-sizedfurnituremanufacturingindustryinIndonesiafrom2020to2023(intrillionIndonesianrupiah)RawmaterialcostoflargeandmediumfurnituremanufacturingIndonesia2020-20233530.8229.373025201510520.9818.3802020202120222023*18Description:In2023,therawmaterialcostfromthelargeandmedium-sizedfurnituremanufacturingindustryinIndonesiaamountedtoabout20.98trillionIndonesianrupiah.Inthatyear,thetotalinputcostofthelargeandmedium-sizedfurnituremanufacturingindustrywasaround22.69trillionIndonesianrupiah.ReadmoreNote(s):Indonesia;2020to2023;*Estimatedfigure

1,000Indonesianrupiah(IDR)equalstoapproximately0.064U.S.dollarsand0.059eurosasofMarch2024.

ReadmoreSource(s):StatisticsIndonesiaYearlyproductionindicesfromthelargeandmedium-sizedfurnituremanufacturingindustryinIndonesiafrom2020to2023ProductionindicesoflargeandmediumfurnituremanufacturingIndonesia2020-202316014012010080134.07105.17102.1775.1260402002020202120222023*19Description:In2023,thevalueofgoodsproductionindexfromthelargeandmedium-sizedfurnituremanufacturingindustryinIndonesiawas75.12.Inthatyear,thetotalaveragevalueofproductionindicesoflargeandmedium-sizedmanufacturingindustrywas150.53.ReadmoreNote(s):Indonesia;2020to2023;*EstimatedfigureBaseyear2010=100ReadmoreSource(s):StatisticsIndonesiaValueofgoodsproducedfromthelargeandmedium-sizedfurnituremanufacturingindustryinIndonesiafrom2020to2023(intrillionIndonesianrupiah)ProductvaluefromlargeandmediumfurnituremanufacturingIndonesia2020-20237061.376053.075041.544036.7330201002020202120222023*20Description:In2023,thevalueofgoodsproducedfromthelargeandmedium-sizedfurnituremanufacturingindustryinIndonesiaamountedtoabout37trillionIndonesianrupiah,indicatingasharpdecreasefromthepreviousyear.Withintheobservedperiod,thevalueofgoodsproducedbythisindustrypeakedin2021atapproximately61trillionIndonesianrupiah.ReadmoreNote(s):Indonesia;2020to2023;*Estimatedfigure.

1,000Indonesianrupiah(IDR)equalstoapproximately0.064U.S.dollarsand0.059eurosasofMarch2024.

ReadmoreSource(s):StatisticsIndonesiaGrossoutputvaluefromthelargeandmedium-sizedfurnituremanufacturingindustryinIndonesiafrom2020to2023(intrillionIndonesianrupiah)GrossoutputvalueoflargeandmediumfurnituremanufacturingIndonesia2020-20238069.3670605040302010059.6446.0942.62020202120222023*21Description:In2023,thegrossoutputvaluefromthelargeandmedium-sizedfurnituremanufacturingindustryinIndonesiaamountedtoapproximately42.6trillionIndonesianrupiah,accountingforadecreasecomparedtothepreviousyear.Thegrossoutputvaluebytheindustryhadfluctuatedwithintheobservedtimeline,withthelowestin2023.ReadmoreNote(s):Indonesia;2020to2023;*Estimatedfigure

1,000Indonesianrupiah(IDR)equalstoapproximately0.064U.S.dollarsand0.059eurosasofMarch2024.

ReadmoreSource(s):StatisticsIndonesiaCHAPTER

04ExportValueoffurnitureexportedfromIndonesiafrom2012to2022(inmillionU.S.dollars)ExportvalueoffurnitureIndonesia2012-20221,8001,6001,4001,663.821,579.441,266.621,255.611,221.081,216.621,172.261,163.841,2001,00080060040020001,125.491,134.371,086.562012201320142015201620172018201920202021202223Description:In2022,thevalueoffurnitureexportedfromIndonesiaamountedtoapproximately1.6billionU.S.dollars,adeclinefromthepreviousyear.ThevalueoffurnitureexportedfromIndonesiafluctuatedovertheperiodmeasured,withapeakin2021ofaround1.7billionU.S.dollars.ReadmoreNote(s):Indonesia;2012to2022Source(s):UNComtradeVolumeoffurnitureexportedfromIndonesiafrom2012to2022(in1,000metrictons)ExportvolumeoffurnitureIndonesia2012-2022500466.1453.14445.42437.3245040035030025020015010050395.79394.98379.93360.96358.04350.01338.9402012201320142015201620172018201920202021202224Description:ThevolumeoffurnitureexportedfromIndonesiaamountedtoapproximately400thousandmetrictons,adeclinecomparedtothepreviousyear.ThevolumeoffurnitureexportedfromIndonesiafluctuatedovertheperiodmeasured,withapeakin2012ofaround466thousandmetrictons.ReadmoreNote(s):Indonesia;2012to2022Source(s):UNComtradeValueoffurnitureexportedfromIndonesiain2022,bydestinationcountry(inmillionU.S.dollars)ExportvalueoffurnitureIndonesia2022,bycountryExportvalueinmillionU.S.dollars400

50001002003006007008009001,000UnitedStatesJapan923.87137.14NetherlandsBelgium65.0354.17Australia50.4946.14FranceUnitedKingdomGermany33.5732.4120.9220.33CanadaOtherAsia,nes25/statistics/1455306/indonesia-furniture-export-value-by-countryIn2022,theUnitedStateswasthemaindestinationcountryforfurnitureexportsfromIndonesia,withtotalexportvaluereachingapproximately924millionU.S.dollars.Japancameinsecond,withtotalexportsofaround137millionU.S.dollars.ReadmoreNote(s):Indonesia;2022Source(s):UNComtradeVolumeoffurnitureexportedfromIndonesiain2022,bydestinationcountry(in1,000metrictons)ExportvolumeoffurnitureIndonesia2022,bycountryExportvolumeinthousandmetrictons80

100

1200204060140160180200199.12220UnitedStatesJapan56.71NetherlandsUnitedKingdomFrance15.9415.9213.4610.8110.578.886.15.86BelgiumAustraliaOtherAsia,nesGermanyChina26Description:In2022,theUnitedStateswasthemaindestinationcountryforfurnitureexportsfromIndonesia,withtotalexportvolumereachingapproximately199thousandmetrictons.Japancameinsecond,withatotalexportvolumeofaround57thousandmetrictons.ReadmoreNote(s):Indonesia;2022Source(s):UNComtradeCHAPTER

05ImportValueoffurnitureimportedtoIndonesiafrom2012to2022(inmillionU.S.dollars)ImportvalueoffurnitureIndonesia2012-2022450400350300250200389.84331.36292.85268.96233.32184.45146.42013142.792012144.012016139.612014134.89201515010050020172018201920202021202228Description:In2022,thevalueoffurnitureimportedtoIndonesiaamountedtoapproximately331millionU.S.dollars,adeclinefromthepreviousyear.ThevalueoffurnitureimportedtoIndonesiafluctuatedovertheperiodmeasured,withapeakofaround390millionU.S.dollarsin2021.ReadmoreNote(s):Indonesia;2012to2022Source(s):UNComtradeVolumeoffurnitureimportedtoIndonesiafrom2012to2022(in1,000metrictons)ImportvolumeoffurnitureIndonesia2012-2022300250200150100243.05185.12145.92140.36123.9298.51201785.67201677.67201278.34201379.18201477.550020152018201920202021202229Description:Approximately243thousandmetrictonsworthoffurniturewereimportedtoIndonesiain2022,indicatingasharpincreasefromthepreviousyear.ChinaandMalaysiawerethemainsourcesofthecountry'sfurnitureimports.

ReadmoreNote(s):Indonesia;2012to2022Source(s):UNComtradeValueoffurnitureimportedtoIndonesia2022,bycountryoforigin(inmillionU.S.dollars)ImportvalueoffurnitureIndonesia2022,bycountryImportvalueinmillionU.S.dollars150

200050100250300350ChinaMalaysia289.178.794.86ItalyOtherAsia,nesVietnam3.843.293.172.792.011.731.67SingaporeThailandPolandSouthKoreaUnitedStates30Description:In2022,ChinawasthemainsourceoffurnitureimportedtoIndonesia,withatotalimportvalueofapproximately290millionU.S.dollars.Malaysiacameinsecond,withtotalimportsofaround8.8millionU.S.dollars.ReadmoreNote(s):Indonesia;2022Source(s):UNComtradeVolumeoffurnitureimportedtoIndonesia2022,bycountryoforigin(in1,000metrictons)ImportvolumeoffurnitureIndonesia2022,bycountryImportvolumeinthousandmetrictons100050150200250ChinaItaly205.397.916.17LithuaniaPoland5.67Malaysia3.58Vietnam2.641.661.571.551.39OtherAsia,nesSpainUnitedKingdomThailand31Description:In2022,ChinawasthemainsourceoffurnitureimportedtoIndonesia,withatotalimportvolumeofapproximately205thousandmetrictons.Italycameinsecond,withatotalimportvolumeofaroundeightthousandmetrictons.ReadmoreNote(s):Indonesia;2022Source(s):UNComtradeCHAPTER

06MarketplayersRevenueofPTHeroSupermarketTbk(HeroGroup)fromfinancialyear2019to2022(inbillionIndonesianrupiah)RevenueofHeroGroupFY2019-202214,00012,181.0312,00010,0008,0006,0004,436.673,559.3320204,0002,00003,481.2320212019202233Description:Attheendoffinancialyear2022,HeroGroupgeneratedannualrevenueofaround4.4trillionIndonesianrupiah,indicatingasharpincreasecomparedtothepreviousyear.HeroGroupisoneofIndonesia'slargestretailgroupsoperatingHerohypermarketsandsupermarkets,GuardianHealth&Beautystores,andIKEA.ReadmoreNote(s):Indonesia;financialyears2019to2022;financialyearendsonDecember31Source(s):HeroGroupNon-foodsegmentrevenueofPTHeroSupermarketTbk(HeroGroup)fromfinancialyear2020to2022(inbillionIndonesianrupiah)HeroGroup'snon-foodsegmentrevenueFY2020-20224,0003,690.043,5003,0002,5002,0001,5001,0005002,761.472,661.13020202021202234Description:Attheendoffinancialyear2022,HeroGroup'snon-foodsegmentrevenueamountedtoapproximately3.7trillionIndonesianrupiah,indicatingasharpincreasecomparedtothepreviousyear.IncludedinthissegmentareGuardianHealth&BeautywhichoffershealthandbeautyproductsandIKEAwhichoffersavarietyofhomefurnishingproducts.ReadmoreNote(s):Indonesia;financialyears2020to2022;financialyearendsonDecember31Source(s):HeroGroupRevenueofPTGemaGrahaSaranaTbkfromfinancialyears2019to2022(inbillionIndonesianrupiah)RevenueofGemaGrahaSaranaFY2019-20221,4001,187.271,2001,00080060040020001,110.431,109.28984.35201920202021202235Description:Attheendoffinancialyear2022,PTGemaGrahaSaranaTbkgeneratedannualrevenueofaround1.1trillionIndonesianrupiah,indicatingaslightdecreasecomparedtothepreviousyear.GemaGrahaSaranaisasubsidiaryofVivereGroupengagedintheofficeandresidentialinterior,furniture,andfurnishingbusiness.ReadmoreNote(s):Indonesia;Financialyears2019to2022;consolidatedreport;financialyearendsDecember31Source(s):GemaGrahaSaranaRevenueofPTGemaGrahaSaranaTbkinfinancialyear2022,bybusinesssegment(inbillionIndonesianrupiah)RevenueofGemaGrahaSaranaFY2022,bybusinesssegment700611.3600497.985004003002001000Interior,furniture,mechanicalandelectricalDistributionandtrade36Description:Attheendoffinancialyear2022,PTGemaGrahaSaranaTbkgeneratedannualrevenueofaround600billionIndonesianrupiahfromitsinterior,furniture,mechanicalandelectricalsegment.GemaGrahaSaranaisasubsidiaryofVivereGroupengagedintheofficeandresidentialinterior,furniture,andfurnishingbusiness.ReadmoreNote(s):Indonesia;Financialyear2022;consolidatedreport;financialyearendsDecember31Source(s):GemaGrahaSaranaNetsalesofPTChitoseInternasionalTbkfromfinancialyears2019to2022(inbillionIndonesianrupiah)NetsalesofChitoseInternasionalFY2019-2022500437.62450407.4540035030025020015010050330.68287.150201920202021202237Description:Attheendoffinancialyear2022,PTChitoseInternasionalTbkreportednetsalesofaround438billionIndonesianrupiah,indicatingasharpincreasecomparedtothepreviousyear.ChitoseInternasionalisoneoftheleadingfurnituremanufacturingcompaniesinIndonesia.ReadmoreNote(s):Indonesia;Financialyears2019to2022;consolidatedreport;financialyearendsDecember31Source(s):PTChitoseInternasionalTbkSalesofPTChitoseInternasionalTbkinfinancialyear2022,bybusinesssegment(inbillionIndonesianrupiah)SalesofChitoseInternasionalFY2022,bybusinesssegmentNetsalesinbillionIndonesianrupiah100

150050200250300286.3350OfficeEquipmentFoldingchair132.35Hotel,Banquet,RestaurantEducation121.74116.06Hospital4.7Others11.1938/statistics/1455976/chitose-internasional-sales-by-segmentAttheendoffinancialyear2022,PTChitoseInternasionalTbkreportedsalesofaround286billionIndonesianrupiahfromitsofficeequipmentsegment.ChitoseInternasionalisoneoftheleadingfurnituremanufacturingcompaniesinIndonesia.ReadmoreNote(s):Indonesia;Financialyear2022;consolidatedreport;financialyearendsDecember31Source(s):PTChitoseInternasionalTbkCHAPTER

07E-commerceRevenueofthefurnituree-commercemarketinIndonesiafrom2017to2028(inmillionU.S.dollars)Furnituree-commercerevenueinIndonesia2017-20281,2001,000800979.24949.32901.37856.44761.44725.94679.56642.56004002000553.9349.062019213.152018125.96201720202021202220232024202520262027202840Description:TherevenueinthefurnitureE-commercemarketinIndonesiawasforecasttocontinuouslyincreasebetween2024and2028byintotal217.8millionU.S.dollars(+28.6percent).Afterthesixthconsecutiveincreasingyear,theindicatorisestimatedtoreach979.24millionU.S.dollarsandthereforeanewpeakin2028.ReadmoreNote(s):Indonesia;2017to2028Source(s):Penetrationrateoffurnituree-commerceinIndonesiafrom2017to2028Penetrationrateoffurnituree-commerceinIndonesia2017-202830%28.22%26.08%25%20%15%10%5%23.9%21.76%19.26%16.88%15.26%13.89%13.63%10.06%7.85%20186.44%20170%201920202021202220232024202520262027202841Description:ThepenetrationrateinthefurnitureE-commercemarketinIndonesiawasforecasttocontinuouslyincreasebetween2024and2028byintotalninepercentagepoints.Aftertheeleventhconsec