Indonesia Scaffolding Market revenue is projected to grow at a CAGR of 6.7% during 2023-2029

In terms of type, the supported scaffolding segment accomplished the largest revenue share in the Indonesia Scaffolding Market – 6Wresearch

Supported scaffolding accounted for the highest revenue share in Indonesia scaffolding market in 2022 as it is widely used in the construction industry as it provides a stable platform supported by the ground or a solid structure, reducing the risk of accidents or collapses. Moreover, the ongoing construction projects such as MRT Phase 3 East-West Line, Jakarta 6 subway network expansion along modernization of existing structures will further drive the growth of the segment during the forecast period.

According to 6Wresearch, Indonesia Scaffolding Market revenue is projected to grow at a CAGR of 6.7% during 2023-2029. Scaffolding market in Indonesia has experienced significant growth in recent years, driven by a booming construction industry and infrastructure development under the 2020-2024 National Medium-Term Development Plan (RPJMN) which consists of 41 major strategic projects with a combined estimated total cost of $440 billion. Additionally, Indonesia, as one of the most populous countries in the world, is witnessing a surge in urbanization. Projections indicate a rise to 68% by 2025 and a substantial increase to 83% by 2045, leading to an increased demand for scaffolding systems and services.

Furthermore, Indonesia's continuous growth of smart cities, driven by government target to transform 100 cities into smart cities by 2045, is expected to significantly boost the demand for steel, aluminium and other types of scaffolding, catalysing the scaffolding market's growth in the coming years. In addition, the government's focus on infrastructure development through initiatives like the "One Million Houses" program and various transportation projects, including the $12 billion Jakarta MRT phase 3 and 4 project, and the Jakarta 6 subway network expansion, which are expected to be completed by 2030, are expected to boost the demand for scaffolding.

According to Shivankar, Research Manager, 6Wresearch, with increasing government focus on smart cities and the target of transforming 100 cities into smart cities by 2045, the scaffolding demand in the commercial sector will grow during the forecast period as it provides safety assistance to various smart city commercial construction projects.

The Indonesia Scaffolding Market (2023-2029) report provides an in-depth analysis with 14 figures and 7 tables, covered 68 pages. The report comprehensively covers the market by grain type, material, and end user. The report provides a detailed as well as unbiased analysis of the ongoing drivers, opportunities/high growth areas, and trends of the sector which are projected to support the stakeholders to align as well as devise their market strategies as per the latest and future market dynamics.