INDONESIA’S ROBUST ECONOMIC GROWTH OFFERS MAJOR OPPORTUNITIES FOR THE COUNTRY’S PAINT AND COATING INDUSTRY
January 1st, 2020
Indonesia’s paint and coatings sector is expected to continue to grow, driven by an expanding middle-class population, the fast-growing construction sector and ambitious government infrastructure projects, encompassing transport networks, energy and utilities.
The south-east Asian country’s paint and coatings market has grown to almost USD2.5 billion in sales revenue in the past year and sales are expected to expand at a fair clip of between 6% and 7% annually in the next five years, according to industry analysts Frost & Sullivan. Architectural, ...
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