Insights into the Kitchen Furniture Market in Malaysia and Indonesia
The release of CSIL’s comprehensive research findings about the Kitchen Furniture Market in Indonesia and the Kitchen Furniture Market in Malaysia is planned for mid-June 2023.
In the last decades, the Malaysian furniture industry has witnessed rapid expansion. However, its growth rate has tapered off in recent years, primarily due to stagnating productivity and intensified competition from emerging furniture markets in Asia, such as China and Vietnam.
Despite maintaining a growth trajectory in terms of exports, the industry underperformed in 2020 and 2021, compared to the other Asian countries. Notably, Malaysia has faced significant challenges, including logistic constraints and labor-related issues, with a more pronounced impact compared to the rest of the Asia-Pacific region. Consequently, these challenges have translated into substantial price increases across the industry.
The Malaysian kitchen furniture industry comprises approximately 200 manufacturing companies, each with an average annual revenue of USD 3-4 million.
As far as the Kitchen furniture market in Indonesia is concerned, it is estimated at 80-90 thousand units. Most of the consumption is localized in Java Island (Jakarta), for at least 60%. Also, to be considered Sumatra (20%).
The upper-end market can be quantified in around 5 thousand units (that is also the number of built-in dishwashers sold).
The huge production and consumption of single elements (or 120 cm buffet kitchens) are hard to evaluate, usually just 120-280 USD. This latter is the core of kitchen furniture in most Indonesian houses.
The Kitchen Furniture Market in Malaysia and The Kitchen Furniture Market in Indonesia Reports will be published by mid-June 2023.
Essential insights covered in the Reports: Key drivers and emerging trends shaping the industry; Analysis of export and import dynamics; Key players and examination of the industry’s relationship with built-in appliance companies, countertops companies, and hinges and other metalware manufacturers; Overview of distribution channels and evolving product trends
For further information, please Contact us