Market Research Reports - Ken Research Home Furnishing Market in Indonesia | Page 2

generated by the country ’ s furniture market in 2016 . Industrial furniture contributed the least share of ~% to the overall market revenues in 2016 .
The sales of furniture in Jakarta contributed ~% share to Indonesia furniture market revenues in 2016 . Tangerang contributed ~% share to the overall furniture market revenues in Indonesia in 2016 . The region of Bekasi with the total population of ~ contributed a share of ~ to the overall furniture market revenues in Indonesia in 2016 . Depok and Bogor contributed ~% and ~% respectively , to the overall revenues of Indonesia furniture market in 2016 .
Snapshot on Indonesia Children ’ s Furniture Market
Kids ’ furniture segment added a small portion to the country ’ s overall furniture market , contributing ~ revenues during 2016 . The prices of such furniture are not high as that of most of the furniture available for indoor purposes . The average price for kids ’ entire bedroom sets varies between USD ~ to USD ~, while the price of graphically designed wardrobes for this population set ranges from USD ~ to USD ~. Market players earn about ~% profit margin from the sales of children ’ s furniture in Indonesia . Majority of the sales were witnessed in Jakarta , contributing ~% to the overall kids ’ furniture sales in 2016 . With the total population of ~ people in Yogyakarta , the city added ~% to the overall furniture sold to kids ’ segment in Indonesia in 2016 . Other major and minor regions were able to generate collective sales of ~ of the overall children ’ s furniture sold in the country during 2016 .
Snapshot on Indonesia Online Furniture Market
The revenues of furniture market in Indonesia were dominated by the sales of furniture from offline retail outlets , franchisee outlets , showrooms and exclusive stores of manufacturers and major players operating in the space . Despite having ~ internet users at a penetration rate of over ~% in the country by 2016 , online sales of furniture contributed a mere share of ~% to the overall market revenues during the same year . The brick-and-mortar stores in Jakarta face stiff competition from both domestic and international retailers , which offer wide variety of products at competitive prices . The major players which dominated the revenues of online furniture sales in 2016 are Livaza , BeliFurniture and Fabelio .
Indonesia Furniture Market Future Outlook and Projections
The revenues generated by furniture market players in Indonesia are projected to augment to USD ~ million by 2021 , registering a CAGR of ~% during the period 2016-2021 . The country is expected to witness an increase in middle class population at a CAGR of ~% between 2016 and 2021 . Higher per capita disposable income is projected to raise the demand for expensive and modular furniture . More number of online market players catering to the rising demand for wooden products and accessories is also estimated to stimulate the market revenues .