The highly competitive flooring market in Indonesia is driven by both domestic and international player with stiff competition on competitive advantages such as new designs and materials introduced in the market. Market players operating in the country used both locally and internationally available raw materials to cater to swift en-user demands.
Globally valued at UDS 7.35 billion in 2018 and is expected to regist a CAGR of 5.0% from 2019 to 2025. Asia Pacific is projected to be dominant regional market due to favourable market trends in housing sectors of emerging economies like China, india and Southeast Asia’s biggest market, Indonesia
The Indonesian Wall and Floor Tile Market is Projected to Reach USD 12.7 Billion by 2021. The Indonesia tiles industry is driven by government investments in infrastructure development of airports and residential settlements
Asia Pacific is considered as the biggest and the most emerging market for wood flooring and wooden products all over the world in March 2018, Indonesia has 50% of all shipments share of assembled wood flooring market
Asia Pacific inidustrial floor coatings marketed is estimated to reach USD 2.9 billion by 2024. Indonesia remains appealing with the availability of low-cost raw materials and laobit that can enhance its attractiveness as a manufacturing hub.