Indonesia Sourcing Report: Rattan Furniture gives global buyers more selection of quality products range of qualified suppliers25 Apr 2011 • by Natalie Aster
Makers tap strong design capacity to offer indigenous and modern style sofas, bar tables and chairs, kitchen cabinets and benches; Majority expect sales growth through 2011.
INDONESIA – The report Indonesia Sourcing Reports: Rattan Furniture by Global Sources features profiles of 38 export suppliers with verified manufacturing and production capacity, plus descriptions, prices and packaging details for more than 160 popular export products. These include sofas, armchairs, couches, coffee tables, outdoor beds, chairs and other types of furniture sets.
“Many buyers are looking to diversify their furniture supply base beyond Greater China,” said Alexander Boome, program director of the Kearny Alliance. “They note that the sector is boasted by a number of competitive advantages, chief of which are the local suppliers’ ability to create innovative designs and abundant raw rattan as the world’s largest supply hub. This enables the suppliers to be confident about their export sales growth in 2011,” Boome said.
Indonesia Sourcing Reports: Rattan Furniture
Published: March 2011
Price: US$ 75.00
Survey results show range of price increase and current target markets
“Supplier survey results show that more than 90 percent of interviewed suppliers anticipate their 2011 export sales to increase by 10 percent or to stay the same as last year’s,” Boome said. “Eighty percent of suppliers who plan to raise export quotes will adjust from five to ten percent.”
In addition to industry overview and prices forecasts, other high-level results in the report show:
- 45 and 40 percent will target the US and EU as main export markets, respectively;
- Quotes ranges from less than $12 for simple natural woven rattan up to $300 for an intricate living room set; and
- 70 percent plan to focus on more decorative elements and designs.
Total annual export sales of featured suppliers reach nearly $80 million. Suppliers employ roughly 1,400 full-time workers, who can produce up to 260,000 million pieces a month.
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