The market is dominated by foreign suppliers, as imports account for 80.7% of total market size in 2022. Households drive market demand, with household spending representing 52.7% of total demand in 2022. Indonesia has the ninth largest market size for musical instruments regionally, with demand reaching USD80.8 million in 2022. Yamaha Musik Indonesia PT is the largest company in Indonesia, generating 51.8% of the industry’s total production value in 2022. The industry is concentrated, with the top four companies generating 56.9% of total production value in 2022. The total number of companies increases in 2022, to 715 units. The costs of the industry increase by 9.5% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 3.8% of production value in 2022, the 17th highest regionally. The industry’s exports share increases in 2022 to 96.2% of total production output. With production value of USD396 million, Indonesia accounts for 2.7% of the Asia Pacific total in 2022.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF.
This Euromonitor industrial report provides unique information on Musical Instruments in Indonesia: ISIC 3692. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Musical Instruments in Indonesia: ISIC 3692 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Household Goods is an aggregation of Furniture, Jewellery and Related Articles, Musical Instruments; Imitation Jewellery, Brushes and Other Personal Items, Sports Goods, Toys and Games, Watches and Clocks.
See All of Our DefinitionsIf you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!