INDONESIA’S PAINTS SECTOR TO GROW OVER NEXT FEW YEARS
July 1st, 2013
INDONESIA'S paints and coatings industry is introducing a growing range of new products and innovations as the market becomes increasingly competitive, as recent robust growth continues into the foreseeable future.A 2012 report by UK-based market researchers Euromonitor International, said the total turnover of the Indonesian paints and varnishes sector was forecast to grow by 10% in 2012 to Indonesian Rupiah IDR15.3 trillion (USD1.53 billion), up from IDR6.4 trillion (USD640 million) in 2005, with a combined annual growth rate of 8.4% between 2005 and 2012.The ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.