Product Code: ETC336808 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Indonesia Paint And Coating Market is likely to experience consistent growth rate gains over the period 2025 to 2029. The growth rate starts at 7.22% in 2025 and reaches 9.68% by 2029.
By 2027, Indonesia's Paint And Coating market is forecasted to achieve a growing growth rate of 8.42%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
The paint and coating market in Indonesia was valued at USD 4.1 billion, showing an increase from its 2025 value which stood at 3.9 billion due to the increasing demand from various end user industries such as automotive, construction and industrial manufacturing amongst others. Further, it is projected that the paint & coatings market will grow further at a CAGR of about 7%, primarily driven by rising consumer spending levels on residential projects driving up demand for high quality paints & coatings products as well as increased government spending on infrastructure development initiatives.
The Indonesia paint and coating market is set to experience notable development in the near future. The construction and automotive sectors are the primary drivers propelling this growth. As urbanization continues and infrastructure projects multiply, the demand for paints and coatings for decorative and protective purposes remains high. Moreover, the increasing number of vehicle ownerships contributes to the escalating demand for automotive coatings. These factors collectively drive the expansion of the paint and coating market in Indonesia.
The Indonesia paint and coating market is poised for growth, driven by factors such as urbanization, construction projects, and industrial expansion. As the country`s infrastructure development continues, the demand for paints and coatings for both residential and commercial purposes will rise. However, the market might encounter challenges related to volatile raw material prices and regulatory changes. Stricter environmental regulations could impact the composition of paints and coatings, pushing manufacturers to adapt to more sustainable formulations.
The paint and coating industry experienced a decline in demand during the pandemic as construction and manufacturing projects were put on hold. Recovery in this market is contingent upon the revival of these sectors and the adaptation of products to changing consumer preferences, which now prioritize durability, hygiene, and environmental sustainability.
The Indonesia paint and coating market is poised for robust growth in the coming years. As the construction, automotive, and industrial sectors expand, the demand for paints and coatings is expected to rise. Additionally, increasing consumer preferences for aesthetically pleasing and durable finishes further contribute to market growth. Key players in this market include established companies like Dulux, Nippon Paint, and Avian Brands, which have a strong presence and offer a wide range of innovative products to cater to various industry needs.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Paint And Coating Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Paint And Coating Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Paint And Coating Market - Industry Life Cycle |
3.4 Indonesia Paint And Coating Market - Porter's Five Forces |
3.5 Indonesia Paint And Coating Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Indonesia Paint And Coating Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Indonesia Paint And Coating Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Indonesia Paint And Coating Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Paint And Coating Market Trends |
6 Indonesia Paint And Coating Market, By Types |
6.1 Indonesia Paint And Coating Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Paint And Coating Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Indonesia Paint And Coating Market Revenues & Volume, By Waterborne Coatings, 2021-2031F |
6.1.4 Indonesia Paint And Coating Market Revenues & Volume, By Solvent-borne Coatings, 2021-2031F |
6.1.5 Indonesia Paint And Coating Market Revenues & Volume, By Powder Coatings, 2021-2031F |
6.1.6 Indonesia Paint And Coating Market Revenues & Volume, By High Solids/radiation Curing, 2021-2031F |
6.1.7 Indonesia Paint And Coating Market Revenues & Volume, By Others, 2021-2031F |
6.2 Indonesia Paint And Coating Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Paint And Coating Market Revenues & Volume, By Acrylic, 2021-2031F |
6.2.3 Indonesia Paint And Coating Market Revenues & Volume, By Polyester, 2021-2031F |
6.2.4 Indonesia Paint And Coating Market Revenues & Volume, By Alkyd, 2021-2031F |
6.2.5 Indonesia Paint And Coating Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.2.6 Indonesia Paint And Coating Market Revenues & Volume, By Epoxy, 2021-2031F |
6.2.7 Indonesia Paint And Coating Market Revenues & Volume, By Others, 2021-2031F |
6.3 Indonesia Paint And Coating Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Paint And Coating Market Revenues & Volume, By Architectural & Decorative, 2021-2031F |
6.3.3 Indonesia Paint And Coating Market Revenues & Volume, By Non-architectural, 2021-2031F |
7 Indonesia Paint And Coating Market Import-Export Trade Statistics |
7.1 Indonesia Paint And Coating Market Export to Major Countries |
7.2 Indonesia Paint And Coating Market Imports from Major Countries |
8 Indonesia Paint And Coating Market Key Performance Indicators |
9 Indonesia Paint And Coating Market - Opportunity Assessment |
9.1 Indonesia Paint And Coating Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Indonesia Paint And Coating Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Indonesia Paint And Coating Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Indonesia Paint And Coating Market - Competitive Landscape |
10.1 Indonesia Paint And Coating Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Paint And Coating Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |