| Product Code: ETC371608 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Indonesia folding furniture market, the import trend showed a significant growth rate of 39.15% from 2023 to 2024, with a compound annual growth rate (CAGR) of 30.84% from 2020 to 2024. This surge in imports could be attributed to a surge in demand for versatile and space-saving furniture solutions, reflecting a shift in consumer preferences towards practical and functional home furnishings.
The folding furniture market in Indonesia is driven by the need for space-saving solutions in urban areas. As living spaces become smaller and more compact, consumers are looking for furniture that can be easily folded and stored when not in use. This market includes a variety of products such as folding tables, chairs, and beds. It caters to both residential and commercial segments, with the hospitality industry being a significant consumer. The convenience and versatility of folding furniture make it a popular choice among urban dwellers.
The folding furniture market in Indonesia is driven by the need for space-saving solutions in homes and commercial spaces. Rapid urbanization has led to smaller living spaces, making foldable furniture a practical choice. Additionally, the growing trend of multifunctional furniture that can adapt to different uses is boosting demand for folding furniture. Manufacturers are responding by creating stylish and durable folding furniture options suitable for various settings, from homes to offices and outdoor spaces.
The folding furniture market in Indonesia has been witnessing growth due to its space-saving and versatile nature. However, challenges such as fluctuating raw material prices, particularly wood and metal, can impact production costs and, consequently, product pricing. Additionally, ensuring the durability and quality of folding mechanisms remains a challenge, as customers demand longevity from these products. Competition from low-cost imports and the need for eco-friendly materials further add to the complexities of this market.
The Indonesian folding furniture market faced numerous challenges during the COVID-19 pandemic. As lockdowns and restrictions limited indoor activities and gatherings, demand for folding furniture, which is often associated with event venues and outdoor use, declined significantly. Manufacturing and supply chain disruptions also affected the availability of raw materials and the production of folding furniture. However, as restrictions eased and people sought outdoor and space-saving solutions for their homes, there was a gradual recovery in demand towards the latter part of the pandemic.
Folding furniture is gaining popularity for its space-saving features. Key players in this market include IKEA Indonesia, PT. Manda Jaya Perkasa, and Lifetime Products, Inc.