Market Analysis of the paint industry in Indonesia (English / Bahasa)
Elimination of Lead in Paint in Indonesia - Baseline Information - Indonesia’s paint market
Indonesia holds the first position as the biggest market in paint and coating in South East Asia with the 268 million population and high urbanization rate (57%). Indonesian paint and coating industry growth rate is 6% annually for the past five consecutive years. Paint and coating industry in Indonesia involves six multinational, four domestic, and large numbers of small-scale domestic producers, with the most demand from architectural sector. Domestic producers is attributed to 71% total market in Indonesia. Programs from the government, such as the development of 10 million new housings for middle-low income communities also push the demand for paint and coatings.