Indonesia Sourcing Report: Rattan Furniture gives global buyers more selection of quality products range of qualified suppliers
Makers tap strong design capacity to offer indigenous and modern style sofas, bar tables and chairs, kitchen cabinets and benches; Majority expect sales growth through 2011.
- (1888PressRelease) March 12, 2011 - To help volume buyers source profitably from Indonesia's furniture suppliers, the non-profit Kearny Alliance has released the Indonesia Sourcing Report: Rattan Furniture .
The Report features profiles of 38 export suppliers with verified manufacturing and production capacity, plus descriptions, prices and packaging details for more than 160 popular export products. These include sofas, armchairs, couches, coffee tables, outdoor beds, chairs and other types of furniture sets.
"Many buyers are looking to diversify their furniture supply base beyond Greater China," said Alexander Boome, program director of the Kearny Alliance, which produced the report in partnership with Global Sources.
"They note that the sector is boasted by a number of competitive advantages, chief of which are the local suppliers' ability to create innovative designs and abundant raw rattan as the world's largest supply hub. This enables the suppliers to be confident about their export sales growth in 2011," Boome said.
Survey results show range of price increase and current target markets
"Supplier survey results show that more than 90 percent of interviewed suppliers anticipate their 2011 export sales to increase by 10 percent or to stay the same as last year's," Boome said. "Eighty percent of suppliers who plan to raise export quotes will adjust from five to ten percent."
In addition to industry overview and prices forecasts, other high-level results in the Report show:
45 and 40 percent will target the US and EU as main export markets, respectively;
Quotes ranges from less than $12 for simple natural woven rattan up to $300 for an intricate living room set; and
70 percent plan to focus on more decorative elements and designs.
Total annual export sales of featured suppliers reach nearly $80 million. Suppliers employ roughly 1,400 full-time workers, who can produce up to 260,000 million pieces a month.
More sourcing opportunities for global buyers, more jobs created
"Our Sourcing Reports are important components of the Kearny Alliances' Developing Country Export Assistance Program," Boome said. "The aim of the program is to assist small- to mid-sized export manufacturers in Indonesia, Cambodia, Vietnam, India, Indonesia, and the Philippines to tap new export markets. As a result, suppliers can create sustainable jobs for more people.
"We can only succeed in our mission if we give buyers information on quality suppliers who understand their requirements. The suppliers we feature in Developing Country Sourcing Reports have rich export experience and are eager to work with new overseas buyers."
Several suppliers featured in this report have been working closely with the Export Service Centre Indonesia, a social enterprise of the Kearny Alliance. The Export Service Centre helps buyers source profitably from Indonesia.
Sourcing Reports for Vietnam, India, Cambodia, the Philippines and Indonesia
The Indonesia Sourcing Report: Rattan Furniture is one of a series of Reports.
Other Sourcing Reports available online are:
VIETNAM:
* Building Materials, Bamboo & Rattanware, Wooden & Bamboo Furniture, Kitchenware, Bags, Baby & Children's Toys & Garments, Footwear, Ceramic & Porcelain, Garments, Home Decor, Fashion Accessories, Lawn & Garden, Lacquer ware, Indoor & Outdoor Furniture
INDIA:
* Ceramics, Craft & Promotional Gifts, Glass & Metal Tableware, Fashion Accessories, Garments
CAMBODIA:
* Silk Fashion Accessories
PHILIPPINES:
* Home & Garden Decor, Fashion Jewelry, Christmas Decorations, Indoor & Outdoor Furniture
INDONESIA:
* Leather Products, Home Décor, Indoor & Outdoor Furniture, Footwear
SOUTHEAST ASIA:
* 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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