Indonesia Wooden Shelves Market Bwc20207

Indonesia Wooden Shelves Market, By Type (Mobile Shelf & Fixed Shelf), By Sales Channel (Department Stores, Retail Stores, Specialty stores, Hypermarket & Supermarket & Others), By Material (Medium-Density Fibreboard (MDF), Particleboard, Oriented Strand Board (OSB), Plywood, Wood & Others), By Application (Shelves, furniture, Building Materials, Interior Decoration & Others), By Region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America); Trend Analysis, Competitive Market Share & Forecast, 2020-2026

  • Published Date: November 2020
  • Report ID: BWC20207
  • Available Format: PDF
  • Page: 162

Report Overview

Indonesia Wooden Shelves Market Size – Industry Trends & Forecast Report 2026

Indonesia's wooden shelves market has reached USD 348.3 million in 2019 and is further projected to reach USD 453.5 million by 2026, growing at a CAGR of 3.9% during 2020-206 (forecast period). Increasing demand for capacity expansion and storage facilities in Indonesia is likely to drive the market for wooden shelves over the forecast period. Increasing demand coupled with the need for systematic storage and easy material handling is anticipated to support the industry growth of the Indonesian wooden shelves market.




Source: BlueWeave Consulting


Indonesia Wooden Shelves Market Overview:

 

Wooden shelves are defined as thin flat usually long and narrow pieces of wood fastened horizontally at a distance from the floor to hold objects. A wooden shelf is a flat horizontal plane that is used in a home, store, business, or elsewhere to hold items that are being displayed, stored, or offered for sale. It is elevated off the ground and usually anchored/supported on its shorter length sides by brackets. It can also be held up by columns or pillars. A shelf is also called a ledge, counter, mantel, or rack. Usually, two to six shelves make up a unit. Each shelf is attached perpendicularly to the vertical or diagonal supports and positioned parallel one above the other. 

 

Indonesia Wooden Shelves Market Forecast and Trends

 

Growth Drivers 

 

Increasing Demand from Construction Industry

Wooden shelf panels are crucial to the construction industry, providing high structural durability to roofs and floors, walls, beams, doors, staircase, etc. The building and construction industry are currently a thriving industry in Indonesia, and this is expected to drive the use of wooden shelves market. The factors driving the building and construction industry are the ever-increasing populations, rapid urbanization, as well as, the rise in purchasing power. As a result of the aforementioned factors, investments in infrastructure are being made and are included in plans. All the above-mentioned factors are expected to drive the market for Indonesia wooden shelves market in the coming years.

 

Furniture making, building materials, and interior decoration witnessed as key application areas

The growing usage of wooden shelves in different applications such as furniture making, building materials, interior decoration, and others, are creating new growth opportunities in the market. Technological advancements and innovation, along with the increasing efficiency in repair, manufacturing, and renovation activities, would further energize the growth of the market. Furthermore, the growing public-private partnerships for the development of the construction industry in Indonesia would catalyze unprecedented growth in the market during the forecast period. 

 

Restraints

 

Growing deforestation leading to global warming has spurred the demand for wooden shelves market

Growing deforestation leading to global warming has spurred the demand for efficient timber utilization, in turn driving Indonesia's wooden shelves market. Technological advancements and increased efficiency in the manufacturing of wooden shelves is expected to bolster the demand for wooden shelves market. On the other hand, rapid increases in the cost of petroleum-based fuels and products continue to escalate the production and marketing costs of wooden shelves products, in turn hindering its growth. While the popularity of wooden shelves is reducing due to the arrival of clothing shelves & foldable shelves. Thus these factors are hindering the growth of the Indonesian wooden shelves market.

 

Impact of COVID-19 in the industry

 

Indonesian construction industry once-booming due to residential and commercial construction has been affected by the suspension of the construction activities across the impacted country. The construction industry in Indonesia is expected to take a major hit due to labor shortages and the lockdown imposed by the government during COVID-19, which is expected to be aggravated by the resulting supply chain issues and financing pressures due to the non-adherence to the completion times. The outbreak of COVID-19 has resulted in Indonesian lockdown and shutdown of manufacturing facilities, disrupting the supply chain of wooden furniture. A strict ban on inter-state and international transportation of finished products has adversely affected the market size.

 

 

 

 

Indonesia Wooden Shelves Market: By Material

 

Based on material, Indonesia wooden shelves market is segmented into medium-density fibreboard (MDF), particleboard, oriented strand board (OSB), plywood, wood & others. Amidst this, the plywood type segment is projected to grow at a higher CAGR over the forecast period. Plywood is the most popular product owing to its exceptional properties, such as durability, high strength, fire, chemical, and moisture resistance. The medium-density fiberboard (MDF) type is anticipated to dominate the market during the forecast period. The growing demand for these wooden based shelves in cabinetry, manufacturing, flooring, furniture, and other types of construction, would drive the demand for the medium density fibreboard segment.

 

Indonesia Wooden Shelves Market: By Type

 

Based on segmentation, Indonesia wooden shelves market is segmented into mobile Shelf & fixed Shelf. Amidst this, mobile shelves have the highest growth rate in 2019. Mobile shelves can increase storage capacity as compared to traditional shelves. It also improves the organization of materials & is cost-effective in nature. Thus all these benefits are boosting the segmental growth. While the increasing demand for mobile shelves is fueling the growth of the Indonesian wooden shelves market. Additionally, mobile shelves are easy for transportation, thus the key factor is fueling the wooden shelves market.

 

Indonesia Wooden Shelves Market: By Sales Channel

 

Based on the sales channel, the wooden shelves market is categorized into department stores, retail stores, specialty stores, hypermarkets & supermarkets & others. The growth in specialty stores is due to the increasing demand for wooden shelves from furniture stores. The increasing need for wooden shelves from furniture stores is boosting the growth of the Indonesian wooden shelves market. Moreover, the customers are usually preferring from specialty stores due to the wide options available to them at lucrative discounts & pricing.



BlueWeave Consulting


Indonesia Wooden Shelves Market: Country insights

 

Indonesia is the largest producer and consumer for wood-based panels on account of population growth, which demands high investments in the construction. A rise in packaging applications is supporting the demand for the products owing to increasing industrial exports from the country. The construction sector in the country has been growing rapidly, with increased investment by the government. The factors driving the building and construction industry are the ever-increasing populations, rapid urbanization, as well as, the rise in purchasing power. As a result of the aforementioned factors, investments in infrastructure are being made and are included in plans. 

 



Source: BlueWeave Consulting

 

 

 

 

Recent Development

 

• In September 2019, IDUS has launched P.T. East Wind Mandiri, a high-end furniture brand from Indonesia. The latest addition to the super luxury store offers an avast selection of contemporary and modern products such as contemporary chairs, coffee tables, side and end tables, cocktail tables, modern sideboards, etc.

• In April 2019, REHAU announces the availability of custom floating shelves in high-gloss, matte, and textured woodgrain finishes as an extension of its modern custom cabinet door line. These shelves are capable of replacing the storage capacity of upper cabinets while lending airiness and uncluttered style to the kitchen, bath, and accent-wall design. The high-quality shelving developed by REHAU has a storage capacity of up to 15 pounds per linear foot, enabling displayed storage of far heavier items than previously possible without visible hardware.

 

Competitive landscape

 

Key players for Indonesia wooden shelves market include- PT. Tanjung Kreasi Parquet Industry, Kayu Lima Sentosa, PT. SAS Kreasindo Utama, PT. Zenith Pratama Indah, PT. Indonesia Hijau Sarana, PT Bali furniture hunter, PT UbinKayu Indonesia, CV. FABILFAT GROUP, PT. Sentra Utama Palletindo, PT Rama Gombong Sejahtera, PT AMINDO WANA PERSADA, CV. Kayubagus Internasional, Sahabat Utama Industri, PT, CV. Jonathan Citra Mandiri, International Timber Trade & Industries, IDUS, REHAU, Albasindo Wood Products, Alengga Furniture, Satya Graha Timber, PT. Kayu Lapis Asli Murni, Inti Panelindo, PT Dharma Satya Nusantara Tbk, and PT. Samawood Utama Works Industries, and others. These players compete based on material quality, designs, and pricing structures. Moreover, players are focusing on the introduction of racking components with enhanced durability and high load-bearing capacity to sustain in the competitive market. Key players are targeting to enhance their product portfolios by providing design and installation services for warehouse racks. 

 

Scope of the Report

Attribute

Details

Years Considered

Historical data – 2016-2019

Base Year – 2019

Forecast – 2020 – 2026

Facts Covered

Revenue in USD Billion

Market Coverage

Indonesia

Product/Service Segmentation

By type, sales channel, material, application

Key Players

Key players for Indonesia wooden shelves market includes, PT. Tanjung Kreasi Parquet Industry, Kayu Lima Sentosa, PT. SAS Kreasindo Utama, PT. Zenith Pratama Indah, PT. Indonesia Hijau Sarana, PT bali furniture hunter, PT UbinKayu Indonesia, CV. FABILFAT GROUP, PT. Sentra Utama Palletindo, PT Rama Gombong Sejahtera, PT AMINDO WANA PERSADA, CV. Kayubagus Internasional, Sahabat Utama Industri, PT, CV. Jonathan Citra Mandiri, International Timber Trade & Industries, Albasindo Wood Products, Alengga Furniture, Satya Graha Timber, PT. Kayu Lapis Asli Murni,IDUS, REHAU Inti Panelindo, PT Dharma Satya Nusantara Tbk and PT. Samawood Utama Works Industries, and others.  

 

Scope of the Report

By Type

Ø Mobile Shelf

Ø Fixed Shelf

 

By Sales Channel

Ø Department Stores

Ø Retail Stores

Ø Specality stores

Ø Hypermarket & Supermarket

Ø Others


By Material

Ø Medium-Density Fibreboard (MDF)

Ø Particleboard

Ø Oriented Strand Board (OSB)

Ø Plywood

Ø Wood

Ø Others



By Application

Ø Shelves

Ø furniture

Ø Building Materials

Ø Interior Decoration

Ø Others