Market Size of indonesia architectural coatings Industry
| Icons | Lable | Value |
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Study Period | 2016 - 2028 |
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Market Size (2024) | USD 1.67 Billion |
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Market Size (2028) | USD 1.91 Billion |
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Largest Share by Sub End User | Residential |
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CAGR (2024 - 2028) | 3.41 % |
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Fastest Growing by Sub End User | Commercial |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Indonesia Architectural Coatings Market Analysis
The Indonesia Architectural Coatings Market size is estimated at USD 1.67 billion in 2024, and is expected to reach USD 1.91 billion by 2028, growing at a CAGR of 3.41% during the forecast period (2024-2028).
- Largest Segment by End-user - Residential : The residential sector dominated the market due to the continuous efforts by the government to build houses to accompany the fast growing population in the country
- Largest Segment by Technology - Waterborne : The waterborne coatings has slightly dominated the segment due to the awareness for VOC emissions, however lack of government regulations still hinders the market.
- Largest Segment by Resin - Acrylic : The acrylic coating has dominated the architectural coating consumption as the country has its houses coated with acrylic coating on the outer surface of the houses.
