Good news for furniture entrepreneurs in Indonesia. The developed countries in the world, especially the United States (US), are hunting down Indonesian furniture products. The TKDN of Indonesia industry has currently reached 85 percent, considering that many materials are already available in Indonesia, such as wood, rattan, and more. As a result, when other industries experience production difficulties due to difficult raw materials, the furniture industry is relatively still able to operate.
Furniture industry products have good prospects for development. There are two main factors that support this, first, during the Covid-19 pandemic, many overseas consumers are fond of replacing furniture. And, more time spent at home than outside the home. Previously, many people worked from office, but now they work from home. That’s why they want to update their furniture to increase their passion to working.
Second, the reduction of major players in the furniture industry in the US Market. This assurance was obtained after Vietnam, as Indonesia’s main competitor, was being sanctioned by the US government for allegedly using illegal timber.
–sh