| Product Code: ETC360448 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Indonesia`s import trend for the domestic boiler market experienced a significant decline from 2023 to 2024, with a growth rate of -90.61% during this period. The compound annual growth rate (CAGR) for imports from 2020 to 2024 stood at -41.24%. This sharp decrease in imports may be attributed to shifting demand patterns, changes in trade policies, or market stabilization efforts.
Domestic boilers are used in various settings beyond residential homes, including small businesses, hotels, and healthcare facilities. The market for domestic boilers in Indonesia is driven by the need for reliable hot water and space heating solutions in these sectors. Energy efficiency, maintenance, and cost-effectiveness are key factors that influence purchasing decisions. Manufacturers and suppliers should strive to offer solutions that meet these requirements while complying with local regulations and standards.
The domestic boiler market in Indonesia is witnessing growth driven by several factors. The rising middle-class population and increasing disposable income levels have led to higher demand for home appliances, including domestic boilers, for heating and hot water needs. Additionally, energy efficiency and environmental concerns are encouraging consumers to opt for modern, eco-friendly boiler systems. The market is further boosted by government initiatives that promote energy-efficient appliances and provide incentives for their adoption. The trend towards urbanization and the construction of residential complexes also contribute to the market`s expansion.
The domestic boiler market in Indonesia shares similar challenges with the residential boiler market. Energy efficiency and environmental regulations are increasingly important factors in the design and manufacturing of domestic boilers. Competition from alternative heating solutions, such as electric heaters and heat pumps, poses a challenge for the market. Moreover, ensuring the safety and reliability of domestic boilers is crucial, as any malfunctions can have serious consequences for households.
The domestic boiler market in Indonesia experienced a slowdown during the pandemic due to reduced construction activities and economic uncertainties. With restrictions in place, many residential projects were delayed or postponed, affecting the demand for domestic boilers.
The domestic boiler market in Indonesia is closely related to residential heating needs. Key players in this market include PT. MIURA INDONESIA, PT. Euroasiatic Jaya, and PT. Atmindo Tbk.