Indonesia Table and Kitchen Glassware Market: Import Trend Analysis
In the Indonesia table and kitchen glassware market, the import trend showed significant growth from 2023 to 2024, with a growth rate of 24.37%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 19.9%. This uptrend in imports can be attributed to the increasing demand for quality glassware products in the Indonesian market, reflecting shifting consumer preferences towards higher-quality kitchen and dining products.
Indonesia Table And Kitchen Glassware Market Synopsis
The Indonesia Table and Kitchen Glassware market cater to household and commercial needs for glassware products like tableware, drinkware, and kitchen utensils. The market is driven by changing consumer preferences, lifestyle trends, and the growing foodservice industry. As consumers seek aesthetically pleasing and functional glassware, manufacturers and retailers must keep pace with evolving design and quality standards to maintain their market share.
Drivers of the Market
The table and kitchen glassware market in Indonesia is driven by the country`s evolving dining culture and the growing hospitality sector. The rise in disposable income and changing consumer preferences have led to increased demand for stylish and functional glassware for home and restaurant use. Furthermore, the thriving tourism industry has boosted the need for quality glassware in hotels and restaurants, contributing to market expansion.
Challenges of the Market
The Table and Kitchen Glassware market encounters challenges linked to changing consumer preferences and the entry of new materials like plastic and ceramic. Environmental concerns related to glass production and disposal add pressure to manufacturers. Developing innovative and aesthetically pleasing designs while maintaining affordability is a constant challenge.
COVID-19 Impact on the Market
While not steel-related, the Table and Kitchen Glassware market also faced challenges during the pandemic. Restaurants, hotels, and the hospitality sector were heavily impacted, leading to reduced demand for glassware. However, as the tourism and hospitality industries recover, the market is expected to regain momentum.
Key Players in the Market
With a rising middle-class population, the table and kitchen glassware market is thriving. Major players in this sector include PT. Sari Maju Glassindo and PT Sumber Graha Sejahtera.
Key Highlights of the Report:
- Indonesia Table And Kitchen Glassware Market Outlook
- Market Size of Indonesia Table And Kitchen Glassware Market, 2024
- Forecast of Indonesia Table And Kitchen Glassware Market, 2031
- Historical Data and Forecast of Indonesia Table And Kitchen Glassware Revenues & Volume for the Period 2021-2031
- Indonesia Table And Kitchen Glassware Market Trend Evolution
- Indonesia Table And Kitchen Glassware Market Drivers and Challenges
- Indonesia Table And Kitchen Glassware Price Trends
- Indonesia Table And Kitchen Glassware Porter's Five Forces
- Indonesia Table And Kitchen Glassware Industry Life Cycle
- Historical Data and Forecast of Indonesia Table And Kitchen Glassware Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of Indonesia Table And Kitchen Glassware Market Revenues & Volume By Drinkware for the Period 2021-2031
- Historical Data and Forecast of Indonesia Table And Kitchen Glassware Market Revenues & Volume By Dinnerware for the Period 2021-2031
- Historical Data and Forecast of Indonesia Table And Kitchen Glassware Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Indonesia Table And Kitchen Glassware Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Indonesia Table And Kitchen Glassware Market Revenues & Volume By Commercial Use for the Period 2021-2031
- Historical Data and Forecast of Indonesia Table And Kitchen Glassware Market Revenues & Volume By Residential Use for the Period 2021-2031
- Historical Data and Forecast of Indonesia Table And Kitchen Glassware Market Revenues & Volume By Distribution Channel for the Period 2021-2031
- Historical Data and Forecast of Indonesia Table And Kitchen Glassware Market Revenues & Volume By Supermarket for the Period 2021-2031
- Historical Data and Forecast of Indonesia Table And Kitchen Glassware Market Revenues & Volume By Independent Stores for the Period 2021-2031
- Historical Data and Forecast of Indonesia Table And Kitchen Glassware Market Revenues & Volume By E-commerce for the Period 2021-2031
- Historical Data and Forecast of Indonesia Table And Kitchen Glassware Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Indonesia Table And Kitchen Glassware Market Revenues & Volume By Product for the Period 2021-2031
- Historical Data and Forecast of Indonesia Table And Kitchen Glassware Market Revenues & Volume By Tea Pots for the Period 2021-2031
- Historical Data and Forecast of Indonesia Table And Kitchen Glassware Market Revenues & Volume By Pitchers for the Period 2021-2031
- Historical Data and Forecast of Indonesia Table And Kitchen Glassware Market Revenues & Volume By Coffee Brewers for the Period 2021-2031
- Historical Data and Forecast of Indonesia Table And Kitchen Glassware Market Revenues & Volume By Wine Glass for the Period 2021-2031
- Historical Data and Forecast of Indonesia Table And Kitchen Glassware Market Revenues & Volume By Beer Glass for the Period 2021-2031
- Historical Data and Forecast of Indonesia Table And Kitchen Glassware Market Revenues & Volume By Cups for the Period 2021-2031
- Historical Data and Forecast of Indonesia Table And Kitchen Glassware Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of Indonesia Table And Kitchen Glassware Market Revenues & Volume By Demographic for the Period 2021-2031
- Historical Data and Forecast of Indonesia Table And Kitchen Glassware Market Revenues & Volume By First Time Home Owners for the Period 2021-2031
- Historical Data and Forecast of Indonesia Table And Kitchen Glassware Market Revenues & Volume By Renters for the Period 2021-2031
- Historical Data and Forecast of Indonesia Table And Kitchen Glassware Market Revenues & Volume By Homeowners with Large Disposable Income for the Period 2021-2031
- Indonesia Table And Kitchen Glassware Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By Distribution Channel
- Market Opportunity Assessment By Product
- Market Opportunity Assessment By Demographic
- Indonesia Table And Kitchen Glassware Top Companies Market Share
- Indonesia Table And Kitchen Glassware Competitive Benchmarking By Technical and Operational Parameters
- Indonesia Table And Kitchen Glassware Company Profiles
- Indonesia Table And Kitchen Glassware Key Strategic Recommendations