Handicraft Industry Grows Despite Sluggish Market in Europe
3 June 2015 19:40 WIB
TEMPO.CO, Jakarta - The Indonesian furniture and handicraft industry grew by four percent in mid-May 2015 despite the sluggish market in Europe, as stated by Abdul Sobur, the secretary general of Indonesia Rattan Furniture and Craft Association (AMKRI), said on Wednesday, June 3, 2015.
Sobur revealed that AMKRI expected the growth figures for furniture and handicraft to stand at 12 percent and 16 percent, respectively. Sobur expected that the sales figure for furniture and handicraft would increase significantly in June-July 2015 following national and international furniture and handicraft expos. The condition however, would immediately drop until October 2015.
"Sales in domestic market will increase after the Indonesia Furniture Expo (IFEX). The impact [of the expo] will be apparent in June or July," Sobur said.
Sobur added that sales in October 2015 would following to an expo in the Middle East in hopes of reaching a growth of 12 percent by the end of 2015 and achieving an export target of US$5 billion by 2019.
ANTARANEWS