Irons - Indonesia

  • Indonesia
  • In 2024, the revenue in the Irons market in Indonesia amounts to IDR €248.60m.
  • It is projected that the market will experience an annual growth rate of 4.57% (CAGR 2024-2029).
  • When compared to other countries globally, in China generates the highest revenue in the Irons market, amounting to IDR €1,983m in 2024.
  • In terms of per household revenues, in Indonesia is expected to generate IDR €4.24 in 2024.
  • Looking ahead to 2029, the volume in the Irons market is estimated to reach 6.4m pieces.
  • Additionally, a volume growth of 2.3% is anticipated in 2025.
  • On average, each household in Indonesia is expected to have a volume of 0.10pieces in the Irons market in 2024.
  • In summary, the Irons market in Indonesia is projected to experience steady growth in both revenue and volume over the coming years.
  • The demand for high-quality, energy-efficient irons in Indonesia is on the rise, as consumers prioritize convenience and sustainability in their household appliances.

Key regions: Japan, China, Canada, Indonesia, Europe

 
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Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on Household Appliances.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, trade data, national statistical office data, third-party studies and reports, survey results from our primary research (e.g., the Statista Global Consumer Survey), as well as performance factors. In addition, we use relevant key market indicators and data from country-specific associations, such as number of households, consumer spending, and price level index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques, such as exponential trend smoothing, for instance. The selection of forecasting techniques is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). GCS data is reweighted for representativeness.

Visión general

  • Revenue
  • Key Players
  • Volume
  • Price
  • Sales Channels
  • Global Comparison
  • Methodology
  • Key Market Indicators
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