Product Code: ETC017568 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Indonesia Paints Market is likely to experience consistent growth rate gains over the period 2025 to 2029. From 7.71% in 2025, the growth rate steadily ascends to 10.21% in 2029.
The Paints market in Indonesia is projected to grow at a growing growth rate of 8.95% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
The Indonesia paints market was estimated at USD 6.42 billion in 2020 and is projected to reach USD 10.37 billion by 2026 registering a CAGR of 8.5% during theperiod (2021-2026). The rise in population coupled with increasing urbanization has resulted in increased demand for residential construction activities across the country which is expected to drive theof the paintsin Indonesia over 2021-2026.
The rising middle class population and their increasing disposable income are also expected to be major factors propelling marketduring this period. Moreover technological advancements such as water-based coatings have also contributed significantly towards boosting demand from end users like industrial product manufacturers automotiveand general contractors among others. Furthermore the growing inclination towards eco-friendly products due to stringent government regulations pertaining to VOC emission standards are likely to propelover 2021?2026.
Major players operating in this market include Akzo Nobel Nederland BV Kansai Paints Co. Ltd. Asian Paints Limited (APL) Jotun Group ASA and Nippon Paint Holdings Co. Ltd among others who provide various varieties of decorative paints suitable for indoor/outdoor applications along with various types of finishes such as matte finish satin finish etc.
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 Paints Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Paints Market Revenues & Volume, 2020 & 2030F |
3.3 Indonesia Paints Market - Industry Life Cycle |
3.4 Indonesia Paints Market - Porter's Five Forces |
3.5 Indonesia Paints Market Revenues & Volume Share, By Resin, 2020 & 2030F |
3.6 Indonesia Paints Market Revenues & Volume Share, By Technology, 2020 & 2030F |
3.7 Indonesia Paints Market Revenues & Volume Share, By Application, 2020 & 2030F |
4 Indonesia Paints Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Paints Market Trends |
6 Indonesia Paints Market, By Types |
6.1 Indonesia Paints Market, By Resin |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Paints Market Revenues & Volume, By Resin, 2020-2030F |
6.1.3 Indonesia Paints Market Revenues & Volume, By Acrylic, 2020-2030F |
6.1.4 Indonesia Paints Market Revenues & Volume, By Alkyd, 2020-2030F |
6.1.5 Indonesia Paints Market Revenues & Volume, By Epoxy, 2020-2030F |
6.1.6 Indonesia Paints Market Revenues & Volume, By Polyurethane, 2020-2030F |
6.1.7 Indonesia Paints Market Revenues & Volume, By Polyester, 2020-2030F |
6.2 Indonesia Paints Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Paints Market Revenues & Volume, By Waterborne, 2020-2030F |
6.2.3 Indonesia Paints Market Revenues & Volume, By Solventborne, 2020-2030F |
6.2.4 Indonesia Paints Market Revenues & Volume, By Powder, 2020-2030F |
6.3 Indonesia Paints Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Paints Market Revenues & Volume, By Architectural, 2020-2030F |
6.3.3 Indonesia Paints Market Revenues & Volume, By Industrial, 2020-2030F |
7 Indonesia Paints Market Import-Export Trade Statistics |
7.1 Indonesia Paints Market Export to Major Countries |
7.2 Indonesia Paints Market Imports from Major Countries |
8 Indonesia Paints Market Key Performance Indicators |
9 Indonesia Paints Market - Opportunity Assessment |
9.1 Indonesia Paints Market Opportunity Assessment, By Resin, 2020 & 2030F |
9.2 Indonesia Paints Market Opportunity Assessment, By Technology, 2020 & 2030F |
9.3 Indonesia Paints Market Opportunity Assessment, By Application, 2020 & 2030F |
10 Indonesia Paints Market - Competitive Landscape |
10.1 Indonesia Paints Market Revenue Share, By Companies, 2023 |
10.2 Indonesia Paints Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |