Increase in the Number of Residential Establishments and Expansion of Commercial Space to Foster Growth in Indonesia Ceramic Tiles Market: Ken Research
Increase in the number of houses, rise in urbanization combined with introduction of carpet tiles are the major factors which are expected to fuel Indonesia Wall and Floor Tiles market in future. The highly competitive tiles market of Indonesia is inclusive of both domestic and international players with cut-throat competition on various parameters such as new designs and materials introduced in the market.
Market players operating in the country used both locally and internationally available raw materials, although cheap availability from outside makes this industry rely majorly on foreign imports. Rising real estate developments to cater the growing population raised the demand for tiles market players, which offered in majority ceramic wall, floor and roofing tiles in a plethora of sizes, designs and colors as a part of their product portfolio. The demand for tiles also augmented due to the growing tourism in various regions of Indonesia, where setting up of hotels and resorts in major commercial hubs of Jakarta, Surabaya and Bali was among the major market drivers. Rising government initiatives for better housing facilities and modernization, including increase in the number of airports, shopping malls and hospitals to provide major push to this dynamic industry. With increase in the number of startups in Indonesia and expanding office space, makes corporates a major end user of this market.
Whole wood flooring and introduction of carpet tiles are the latest innovation injected in the market. The market is further ruled by 2030 top manufacturers out of which Platinum Ceramics Industry, PT Muliakeramik Indahraya, PT Keramika Indonesia Assosiasi (KIA), PT Arwana Citramulia TBK and PT. Roman Ceramic International were among the major tiles manufacturers to penetrate the market generating highest revenue. Furthermore, the market is diversifying its portfolio with greater exports in 2016. Wooden Flooring comprise of a significant portion of these exports especially to European nations. Ken Research announced its latest publication on “ Indonesia Tiles Market by Type (Wall, Floor, Roof), by Material (Ce ramic, Porcelain, Stone Tiles, Others) and by Region - Outlook to 2 021 � suggested a rapid growth in Indonesia tiles market, majorly driven by rising disposable income of the people, thus demanding modern
tiles across various sectors in the country. Marking a CAGR of 25.0% from 2016-2021 this industry saw highly diversified application range ranging from home tiles, office tiles, faรงade tiles, bathroom tiles, tiles used in hospitals, airports amongst many others. It is estimated that by the end of 2021, this Industry will stand at a revenue milestone triple the size that was achieved in 2016. Pricing and brand name are also moderately important stricture. Many brands are now expanding their product line into launching roofing tiles catering to the demand of Indonesians mirrored by the need of better roofs owing to highly wet climate. Key Topics Covered in the Report: Indonesia Tile Import Tile Suppliers in Indonesia Ceramic Tiles Market Trends Ceramic Tiles Production Indonesia Indonesia Ceramic Producer Arwana
Future Roof Tiles Market Indonesia Ceramic Producer Manufacturers Tile Indonesia Arwana Business Ceramic Tiles Ceramic tiles Industry in Indonesia For more information on the market research report please refer to the below link: https://www.kenresearch.com/manufacturing-and-construction/con struction-materials/indonesia-floor-wall-roof-tiles-market/141 305-97.html Related Reports by Ken Research https:// www.kenresearch.com/manufacturing-and-construction/construct ion-materials/germany-ceramic-market-research-report/662-97. html
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