Indonesia Wallpaper Market (2024-2030) | Share, Trends, Outlook, Size, Analysis, Companies, Value, Revenue, Industry, Forecast & Growth

Indonesia Wallpaper Market Highlights

Report Name	Indonesia Wallpaper Market
Forecast period	2024-2030
CAGR	6.2%
Growing Sector	Home Decor Industry

Topics Covered in the Indonesia Wallpaper Market

Indonesia Wallpaper Market report thoroughly covers the market by wallpaper type and application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Indonesia Wallpaper Market Synopsis

Indonesia Wallpaper Market has experienced significant growth over the last few years and is forecasted to continue growing at a rapid pace over the next few years. The demand for wallpaper in Indonesia has been largely driven by the development of the real estate market, with more high-end residential and commercial properties being built across the nation. Interior designers and architects often prefer wallpaper over paint due to the endless variety of designs and textures that it offers, giving a premium look to the interiors.

According to 6Wresearch, the Indonesia Wallpaper Market size is projected to grow at the CAGR of 6.2% during the forecast period of 2024-2030. The Indonesia wallpaper market has been driven primarily by the growing urban population and increasing disposable income. The increasing demand for high-end residential and commercial buildings has boosted the demand for interior décor, especially wallpapers. The wallpaper market in Indonesia has been developing at a significant rate and is projected to grow over the next few years due to rising consumer preference and a surge in disposable income.  With increasing purchasing power, consumers are keen to invest in luxurious interiors. Moreover, the booming e-commerce sector has enabled consumers to access a wider variety of products as online retailers offer exclusive deals and discounts. With the rise of digital media, social media platforms such as Instagram and Pinterest have become visible tools for bloggers and interior design influencers to share ideas and designs, influencing consumer preferences and thereby boosting demand. Despite significant growth, the Indonesia wallpaper Industry still faces a few challenges. The nascent stage of the wallpaper market in Indonesia has resulted in a lack of awareness among consumers, with paint being the more popular option for wall decoration. The high cost associated with installing wallpaper is also another factor that deters consumers. Moreover, the COVID-19 pandemic has been another challenge, leading to the disruption of supply chains and reduction in overall consumer demand.

Government policies and schemes introduced in the Indonesia Wallpaper Market

The government has come up with several initiatives for Indonesia Wallpaper Market Growth. The government's efforts to improve the building and housing sector, among others, are expected to boost the wallpaper industry's prospects significantly. The government also aims to develop innovative designs and new techniques to lower costs. The Indonesian government has played an active role in the country's real estate sector and has provided several incentives to attract foreign investors, which can also act as a catalyst to the wallpaper market.

Leading players in the Indonesia Wallpaper Market

Some of the key players in the Wallpaper market in Indonesia include PT. Kalijudan Indah Sari, PT. Veralindo Mitra Kreasi, PT. Abdul Halim Jaya, and PT. Persada Trietis. These players constantly develop new designs and introduce fresh concepts in the market to stay competitive. The growing competition has been driving industry players to invest more in research and development to come up with innovative designs and reduce production costs.

Future Insight of the Indonesia Wallpaper Market

The Indonesian wallpaper market has enormous potential to grow, with the government’s support to create a more enabling environment. Indonesia's population is still young but also rapidly growing, with a high demand for unique facial wallpapers. The industry is expected to create more opportunities for young entrepreneurs and new enterprises, bringing technology and innovation into the market. To achieve long-term success in the wallpaper industry, businesses in this market will need to find innovative ways of creating and marketing unique wallpaper designs. The evolving consumer preferences also present an opportunity for businesses to understand their customers better, create tailored wallpapers, and build innovative interior designs.

Market analysis by Wallpaper Type

Vinyl wallpapers are designed to be durable, water-resistant, and easy to clean. As a result, they are popular in commercial spaces such as offices, hospitals, and hotels. With the increase in commercial infrastructure in Indonesia, the demand for vinyl wallpaper is expected to rise significantly.

Market analysis By Applications

According to Dhaval, Research Manager, 6Wresearch, the non-commercial segment includes residential spaces. In Indonesia, many homeowners still prefer to paint their homes instead of opting for wallpaper. However, with the growth of disposable income and the desire to have unique and personalized spaces, the non-commercial segment is expected to see an increase in wallpaper usage.

Key attractiveness of the report

• 10 Years Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year: 2023.
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Indonesia Wallpaper Market Outlook
• Market Size of Indonesia Wallpaper Market, 2023
• Forecast of Indonesia Wallpaper Market, 2030
• Historical Data and Forecast of Indonesia Wallpaper Revenues & Volume for the Period 2020 - 2030
• Indonesia Wallpaper Market Trend Evolution
• Indonesia Wallpaper Market Drivers and Challenges
• Indonesia Wallpaper Price Trends
• Indonesia Wallpaper Porter's Five Forces
• Indonesia Wallpaper Industry Life Cycle
• Historical Data and Forecast of Indonesia Wallpaper Market Revenues & Volume By Wallpaper Type for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Wallpaper Market Revenues & Volume By Vinyl Wallpaper for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Wallpaper Market Revenues & Volume By Non-woven Wallpaper for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Wallpaper Market Revenues & Volume By Paper-based Wallpaper for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Wallpaper Market Revenues & Volume By Fabric Wallpaper for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Wallpaper Market Revenues & Volume By Other Wallpaper Types for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Wallpaper Market Revenues & Volume By Application for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Wallpaper Market Revenues & Volume By Commercial for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Wallpaper Market Revenues & Volume By Non-commercial for the Period 2020 - 2030
• Indonesia Wallpaper Import Export Trade Statistics
• Market Opportunity Assessment By Wallpaper Type
• Market Opportunity Assessment By Application
• Indonesia Wallpaper Top Companies Market Share
• Indonesia Wallpaper Competitive Benchmarking By Technical and Operational Parameters
• Indonesia Wallpaper Company Profiles
• Indonesia Wallpaper Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

 By Wallpaper Type

• Vinyl Wallpaper
• Non-Woven Wallpaper
• Paper-Based Wallpaper
• Fabric Wallpaper
• Other Wallpaper Types

 By Application

• Commercial
• Non-Commercial

Indonesia Wallpaper Market (2024-2030): FAQs