Indonesia Construction Materials Market (2024-2030) | Analysis, Trends, Value, Companies, Industry, Forecast, Growth, Share, Size, Revenue & Outlook

Topics Covered in the Indonesia Construction Materials Market

The Indonesia Construction Materials Market report thoroughly covers the market by product type and by application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Indonesia Construction Materials Market Synopsis

Indonesia Construction Materials Market has been growing underpinned by the government of the country has investment in infrastructure development, which has created ample opportunities for local and foreign investors. Additionally, the demand for construction materials is followed by the government's commitment to developing infrastructure, especially in the transport and energy sectors. Coupled with this, the residential sector is also booming with the growing economy, middle-class population, and urbanization.

According to 6Wresearch, the Indonesia Construction Materials Market size is projected to grow at a CAGR of 8.1% during the forecast period 2024-2030. The government's efforts to promote infrastructure development are the major aspect of market growth. One such is the "One Million Homes" program, which aims to build one million homes per year, boosting the demand for construction materials. Additionally, the country's commitment to investing heavily in the construction of infrastructure, including transportation, energy, and water treatment facilities is estimated to drive the construction materials demand. On the other hand, some challenges that can impede its growth are the lack of infrastructure. The country's logistics infrastructure is still at a nascent stage, which leads to inefficiencies & difficulty in transporting construction materials. Additionally, the industry also faces challenges related to regulations such as complex land permit processes, and corruption.  Nevertheless, eco-friendly construction materials have recently been gaining traction as one of the trends leaving a favourable impact on the Indonesia Construction Materials Market growth. Furthermore, the prefabricated or modular construction materials demand is also increasing, contributing to market growth.  

Government Initiatives Introduced in the Indonesia Construction Materials Market

Indonesia government has been actively incentivizing private investors to get involved in the country's infrastructure and construction sector. The government introduced the National Economic Recovery (PEN) program, which earmarked a budget of USD 50.3 billion for infrastructure and social development projects. The program aims to stimulate economic growth and create job opportunities. Additionally, the government has exempted VAT for developers that build low-cost housing schemes. Another government initiative is the One Million Houses Program which aims to facilitate affordable housing for low-income households.

Key Players in the Indonesia Construction Materials Market 

The Indonesia construction materials market is a highly competitive industry, with both local and international players vying for a share of the market. Some of the major players in the market include PT Krakatau Steel, PT Semen Indonesia, PT Solusi Bangun Indonesia Tbk, and PT Jaya Bersama Indo Tbk.

Market Analysis by Application

According to Dhaval, Research Manager, 6Wresearch, the residential sector is also booming and dominating Indonesia Construction Materials Market share with the growing economy, middle-class population, and urbanization.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2020 to 2033.
• Base Year: 2023.
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Indonesia Construction Materials Market Outlook
• Market Size of Indonesia Construction Materials Market, 2023
• Forecast of Indonesia Construction Materials Market, 2030
• Historical Data and Forecast of Indonesia Construction Materials Revenues & Volume for the Period 2020 - 2030
• Indonesia Construction Materials Market Trend Evolution
• Indonesia Construction Materials Market Drivers and Challenges
• Indonesia Construction Materials Price Trends
• Indonesia Construction Materials Porter's Five Forces
• Indonesia Construction Materials Industry Life Cycle
• Historical Data and Forecast of Indonesia Construction Materials Market Revenues & Volume By Product type? for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Construction Materials Market Revenues & Volume By Construction aggregates for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Construction Materials Market Revenues & Volume By Concrete bricks for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Construction Materials Market Revenues & Volume By Cement for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Construction Materials Market Revenues & Volume By Construction metals for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Construction Materials Market Revenues & Volume By Application for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Construction Materials Market Revenues & Volume By Residential for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Construction Materials Market Revenues & Volume By Commercial for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Construction Materials Market Revenues & Volume By Industrial for the Period 2020 - 2030
• Indonesia Construction Materials Import Export Trade Statistics
• Market Opportunity Assessment By Product type
• Market Opportunity Assessment By Application
• Indonesia Construction Materials Top Companies Market Share
• Indonesia Construction Materials Competitive Benchmarking By Technical and Operational Parameters
• Indonesia Construction Materials Company Profiles
• Indonesia Construction Materials Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Product Type 

• Construction Aggregates
• Concrete Bricks
• Cement
• Construction Metals

By Application

• Residential
• Commercial
• Industrial

Indonesia Construction Materials Market (2024-2030): FAQs