IPR Protection in Indonesia for Contemporary Design Industry

shutterstock_385731427Since Indonesia’s design market and especially furniture design market offers interesting opportunities for European SMEs, 40 selected companies recently took part of the EU Gateway Business Avenues mission, where they met with local companies in Indonesia in early March 2017 to find business opportunities. As IP protection is the key to successful new business endeavors abroad, then in today’s blog post, we have chosen to discuss IP protection issues in the contemporary design industry in Indonesia. You will learn what you need to do in order to ensure that your product design is protected in Indonesia. 

Market Opportunities for European SMEs in Indonesia

Indonesia’s contemporary design industry holds great potential for European SMEs, supported by government’s initiatives of further developing the industry. Furniture sector is currently the backbone of Indonesia’s design industry as, boosted by high export demands, industrial production in Indonesia’s furniture industry has recorded high increase rate and profits gains over the past few years, a trend which will continue in 2017 and beyond, as Indonesia aims at becoming the dominant player in ASEAN’s furniture market[1].

Indonesia’s contemporary design market offers interesting business opportunities for European SMEs especially those engaged in the furniture and interior design sector, as the country can offer a competitive manufacturing base with relatively low labor costs and a wide availability of skilled carpenters and wood carvers. Furthermore, the country has vast resources of natural materials like teak, rattan or bamboo, attracting the attention of foreign investors.

The domestic market of Indonesia seems equally promising for imported European design products, especially products relating to interior design and home improvement as there is increasing demand for interior design services due to the booming domestic property sector, such as hotels, condotels, and restaurants. Moreover, the continued expansion of an affluent middle class in the country is driving the demand up for boutique producers of high-end contemporary furniture as well as niche sectors (i.e. leather furniture, European classic style pieces)[2]. Continue reading “IPR Protection in Indonesia for Contemporary Design Industry” »

IPR Protection in Singapore for Contemporary Design Industry

Singapore designSince Singaporean design market offers interesting opportunities for European SMEs, 40 selected companies recently took part of the EU Gateway Business Avenues mission to Singapore, where they met with local companies in the context of the International Furniture Trade Fair that took place at the Singapore Expo just last week. As IP protection is the key to successful new business endeavors abroad, then in today’s blog post, we have chosen to discuss IP protection issues in the contemporary design industry in Singapore. You will learn what you need to do in order to ensure that your product design is protected in Singapore. 

Market Opportunities for European SMEs in Singapore

Underpinned by the efforts of the Singapore’s government to promote a shift to a high-tech creative economy in the industrial design and lifestyle sectors, Singapore is rapidly becoming a contemporary design hub, operating as a gateway to the whole Asian region. Being present in Singapore’s market, would also give European SMEs an easy access to the rest of Asia.

The domestic market of Singapore is also very promising for European SMEs in design sector. Changes in lifestyle across business and consumer segments have increased the demand for high quality products and new design solutions, which offers many business opportunities to European designers. Furthermore, increasing awareness and appetite for eco-friendly solutions amongst Singaporean increasingly affluent middle class offers lucrative business opportunities for European SMEs specialized in eco-design and new design solutions.

Promising business opportunities for European SMEs are also expected in the long run, as the demand for higher quality retail consumption is expected to grow steadily in Singapore. Forecasts show that over one-third of Singapore households will earn more than €135,000 by 2018[1]. Continue reading “IPR Protection in Singapore for Contemporary Design Industry” »