2014-02-03 10:02:01 - Pens, Lighters, Umbrellas and Other Personal Items in Indonesia: ISIC 3699 - a new market research report on companiesandmarkets.com
Indonesia´s market of pens, lighters, umbrellas and other personal items sees 12% CAGR over 2007-2012, in line with growing population and favourable business environment. Local market depends highly on foreign production as Indonesian manufacturers meet 55% of market demand.
Domestic producers enjoy 13% annual revenue growth, mainly determined by high manufacturing of pencils. Indonesia´s industry is fragmented, served by around 33,300 operating enterprises, with no company large enough to be considered the industry´s leader. 9% annual growth predicted over 2013-2018 thanks to Indonesia´s growing population and the rising wealth of inhabitants.
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