Indonesia's outdoor furniture suppliers utilize sustainable methods to add value; expect robust export growth in 2011
Indonesia Sourcing Report: Outdoor Furniture offers volume buyers quality suppliers of wooden garden tables, benches, chaise lounges and outdoor bed, plus prices, trends and forecasts.
- (1888PressRelease) June 24, 2011 - HO CHI MINH CITY - To ensure sustainability and target sales growth by 10 percent this year, Indonesia's outdoor furniture suppliers are adopting eco-friendly materials from sustainable plantations and plan to keep quotes unchanged. This is according to the Indonesia Sourcing Report: Outdoor Furniture.
The Report features profiles of 33 export manufacturers with verified manufacturing and production capacity, plus descriptions, prices and packaging details for more than 161 top selling export products including garden tables and chairs, park benches, chaise lounges, gazebos, outdoor beds, sofas an stools
The non-profit Kearny Alliance produced the report with the support of Global Sources.
"Indonesia suppliers are adopting sustainable wood from government-owned plantations or private sources that have been certified by the Forest Stewardship Council, as global buyers are concerned if products they import are involved with illegal logging," said Khiem Vu, program manager of the Kearny Alliance's Developing Country Export Assistance Program.
"They mitigate the sector's impact on natural resources by cultivating timber that can replace conventional kinds of lumber used to produce furniture. These include acacia, mango, breadfruit, and mahogany".
"They are optimistic about this year's export sales growth. In fact, more than 60 percent of suppliers interviewed for this report expect export sales to increase by at least 10 percent over the next six months."
Survey shows makers to hold export prices; Suppliers target EU markets
"Our survey shows more than 60 percent of the suppliers will hold quotes in the next six months, while majority of those who plan to increase them will carefully keep the price hike between five and ten percent," Vu said. "Nearly 75 percent are releasing new collections featuring simple and basic patterns with eco-friendly materials in the coming months."
Other supplier survey results show:
* More than 20 percent will focus on environment-friendly materials;
* 60 percent expect export sales to increase next year;
* 75 will target the EU market; and,
* Chairs & sofas take up 30 percent of total products exported; Outdoor lounges & beds make up 25 percent.
Total capacity of featured suppliers is 186,000 pieces per month. Their combined export sales reached $5.2 million, of which exports account for 90 percent.
Sourcing Reports for Vietnam, India, Cambodia, the Philippines and Indonesia
The Indonesia Sourcing Report:Outdoor Furniture is one of a series of emerging market Sourcing Reports.
Other Sourcing Reports available online are:
VIETNAM:
* Basketware, Building Materials, Bamboo & Rattanware, Wooden & Bamboo Furniture, Kitchenware, Bags, Baby & Children's Toys & Garments, Footwear, Ceramic & Porcelain, Garments, Home Decor, Fashion Accessories, Lawn & Garden, Lacquerware and Indoor & Outdoor Furniture
INDIA:
* Ceramics, Craft & Promotional Gifts, Glass & Metal Tableware, Fashion Accessories and Garments
CAMBODIA:
* Fashion Bags; Silk Fashion Accessories
PHILIPPINES:
* Christmas Decorations, Home & Garden Decor, Fashion Jewelry, and Indoor & Outdoor Furniture
INDONESIA:
* Silver Jewelry, Rattan Furniture, Leather Products, Home Décor, Indoor & Outdoor Furniture and Footwear
SOUTHEAST ASIA:
* Indoor & Outdoor Furniture
The next Sourcing Report to be published in June is Vietnam Indoor & Outdoor Furniture.
About The Kearny Alliance
The Kearny Alliance, a US nonprofit 501 (c) (3) foundation, partners with other international organizations to further its mission of 'Aid through Trade', to advance international development and poverty alleviation through trade-related business, education, training and applied research.
Key programmatic areas include:
* Livelihood development at the grassroots level: Through the social enterprise Export Service Centre in Indonesia and Cambodia, the Kearny Alliance assists small producers who do not have the capacity to export direct to participate in the global economy. It estimates that in 2009 it created more than 3,800 jobs.
* Job creation for small & medium producers: Through the Developing Country Export Assistance Program, the Kearny Alliance connects smaller exporters in developing Asia with buyers worldwide. Surveys of beneficiaries show that suppliers have received $772,000 in export orders, and they expect more than $5,500,000 to develop in the next 12 months.
* Education & skills development: The Kearny Alliance offers stipend support for students from Myanmar, Cambodia, Vietnam and mainland China to study in Hong Kong and the US. The dozens of Kearny Alliance Scholars receive internships and on-the-job training in export-related companies and organizations in 10 countries.
* Trade policy research: One major initiative is The Future of US China Trade .Com, an online center for data, analysis, and insightful discussion on U.S. - China trade offering Forum Discussions, News & Analysis, Facts & Figures, Discussion Outcomes, Book reviews and Meet the Experts. This was developed from The Kearny Alliance - Arizona State University forums on China, trade and the world economic order high-level series of interlinked meetings - held in Phoenix and Beijing which explored potential solutions to issues and challenges of mutual benefit to China-US trade relations.
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