Indonesia
tiles market is expected to grow during the forecast period. The major growth
driver for this market is the increase in new construction and renovation
activities. The growing demand for easy to maintain, better aesthetic, and
durable and moisture, fire, and scratch resistant tiles are also other growth
drivers of the Indonesia tiles market. According to the data from the
Indonesian Ceramics Industry Association (Asaki), Indonesia has the capacity to
produce 580 million square meters of ceramic tiles per year, the fourth largest
in the world after China, India, and Brazil.
Tile
is a flat or curved piece of burnt clay, stone, or concrete that is generally
used for ornamental purposes. The usage of tiles is common in both residential
and commercial construction because of its durability and resistance to
fracture. Tile protective coatings provide outstanding water resistance, stain
resistance, and cleaning convenience. The coating on ceramic tiles still
prevents dust from accumulating. Tiles can be utilized on floors, walls, and in
a building's interior. In residential, commercial, and retail environments,
they are also employed as kitchen and bathroom floor surfaces. They are
inexpensive, easy to set up, clean, and maintain.
The
surging demand for tiles due to various benefits such as simple maintenance,
affordability, and easy installation is likely to drive the growth of the
market in the coming years. The reopening of schools, offices, restaurants, and
other commercial spaces, owing to the lifting of COVID-19-related restrictions
and the resumption of construction activities, is further propelling the demand
for tiles. Additionally, factors such as changing preferences of consumers,
rising demand for variety in patterns, designs, and styles, among consumers,
and growing renovation activities, are helping the market advance further.
Moreover, tile is a popular material used in the construction of
infrastructures, such as houses, buildings, and others. Tiles are not only
durable and low maintenance but also aesthetically pleasing, which provides
further impetus to the market growth. The exponential rise of population in the
country has resulted in increased demand for housing and infrastructure,
further providing impetus to both the construction and tiles market. Also, the
rise of economic stability and improved living standards contribute
significantly to the market expansion. The market is flourishing moderately
with replacement and renovation activities and the increasing use of
eco-friendly tiles. The construction of various public places such as airports,
stations, and schools also contribute to the expansion of the Indonesia tiles
market.
Indonesia
Tiles Market: Trends & Drivers
Growing
Commercial Spaces
Tiles
are among the most liked and adaptable building materials utilized in
commercial settings as these are made of components that are significantly more
durable than wood or plastic. For increased robustness, each tile is separately
attached to others using adhesives. They are resistant to dents and scratches
from heavy office furniture, such as chairs or tables since they are burned at
high temperatures. Additionally, the surface pattern of tile flooring makes
them very slip resistant. Tile is also an excellent choice for commercial
spaces because it adds warmth and character to any room. Therefore, the demand
for tiles is expected to increase during the forecast period.
Growing
Urbanization is Driving the Market
Indonesia
is rapidly urbanizing, with 57.3% of the population living in urban areas. The
growth of cities and population movement are the major causes of urbanization
in Indonesia. Housing, the road system, urban transit, the water supply,
infrastructures for generating electricity, smart cities, and other aspects of
urban administration are all subject to investment. Urbanization increases the
need for residential and commercial building, which has fuelled the growth of
the Indonesia tiles market. Due to rising middle-class income levels and a
stable democracy, Indonesia is experiencing an absolute increase in its urban
population. In addition, yearly urban migration in Indonesia is predicted to
create new cities with larger populations.
Rising
Adoption of Ceramic Tiles for Sustainable Development of Buildings
The
model of construction widely established in our society has in general ignored
the environmental, social, and economic impact of its activities and has
maintained an unsustainable dynamic. The current system has caused issues for
those living in urban areas with an increase in energy demands, air pollution,
water consumption, low-density residential areas, etc. As a result, in the
medium to long-term, an unsustainable building may compromise future needs.
Therefore, one of the priorities of the construction industry is to develop and
implement solutions aimed at minimizing this issue.
The
tiles industry is ware of changes in demand and has launched innovative
products in the field of sustainable building development. Tile products are
long-lasting and inert with significant recycled material content and the
capacity to minimize heat absorption, Additionally, the tiles industry is well
positioned with regard to the new building values to compete the market.
Inclination
Toward Dry Pressed Ceramic Tiles
Compared
to marble flooring, ceramic tiles are less expensive. Additionally, they may be
altered to suit customer tastes. As a result, there has been a movement in
preference toward ceramic tiles as a substitute for paints, marble flooring,
metal slabs, and other home décor items.
Tiles
with anti-skid surfaces are especially made to lessen slip risks. As floor
tiles, they are utilized in bathrooms, kitchens, ramps, balconies, and swimming
pools. Due to the current expansion of the industrial sector, there is an
increase in the demand for anti-skid tiles. Another reason boosting the demand
for anti-skid tiles is the increased awareness of the need to safeguard against
workplace dangers.
Increasing
Spending on Residential Construction Sector
Over
the past few years, there has been a significant increase in residential
construction spending, owing to which, there has been a rise in the demand for
tiles across the country. Thus, manufactures are focusing on the production of
tiles for residential usage.
Residential
replacement and new installation activities are anticipated to drive the growth
of the Indonesia tiles market during the forecast period. The Government of
Indonesia is providing homes with low investments, which is expected to support
industry growth during the forecast period. In addition, the shift in consumer
preference toward the usage of tiles in houses is a key factor expected to fuel
the demand.
The
high adoption rate of tiles in the interior construction industry and high
revenue generation from the floor tiles are anticipated to boost the growth of
the Indonesia tiles market. The use of tiles for decorative walls is further
likely to result in increased market share during the forecast period.
Latest
Development
The
International Finance Corporation (IFC) and P.T. KIA Serpih Mas (KSM), an
Indonesian producer of ceramic floor tiles, inked a contract in May 2022 to
fund up to USD76.35 million for the expansion. The funding comprises of a
US$6.35 million equity investment, a US$15 million loan for IFC's own account,
and a US$55 million syndicated loan from international commercial banks.
Utilizing the most recent ceramic tile production methods, the USD106 million
expansion project will enable KSM to modernize its facilities and significantly
expand the range and volume of its products. The greatest multilateral source
of equity and loan finance for private sector initiatives in developing nations
is provided by IFC, the World Bank Group's private sector arm.
The
Indonesian Finance Ministry is considering include around USD 531 million for
Nusantara, Indonesia's new capital megaproject, in this year's budget plan.
Earlier, the government allocated USD1.6 billion for the Nusantara project in
the first 2023 budget plan. The Public Housing Ministry has requested an
additional USD0.47 billion or USD0.54 billion for the budget plan, according to
ISA.
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Market
Segmentation
The
Indonesia tiles market is segmented into material, type, application, and
region. Based on material, the market is segmented into ceramic tiles, natural
stone tiles, and mosaic tiles. Based on type, the market is segmented into
floor tiles, wall tiles, and others. Based on application, the market is
segmented into new residential buildings and others. Based on region, the
market is segmented into Java, Sumatra, Kalimantan, Sulawesi, and others.
Market
Players
Major
market players of the Indonesia tiles market are PT. Satya Langgeng Sentosa
(Roman Ceramics), PT. Platinum Ceramics Industry, PT Muliakeramik Indahraya,
Niro Ceramics Indonesia, PT Arwana Citramulia TBK, PT. Pusaka Marmer Indahraya
(Pumarin), PT Golden Stone Indonesia, PT Kuda Laut Mas (Mass Group), Pt.
Eleganza Tile Indonesia, and Sinar Batu Alam.
|
Attribute
|
Details
|
|
Base Year
|
2022
|
|
Historic Data
|
2018 –
2021
|
|
Estimated Year
|
2023
|
|
Forecast Period
|
2024
– 2028
|
|
Quantitative Units
|
Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028
|
|
Report coverage
|
Revenue
forecast, company share, growth factors, and trends
|
|
Segments covered
|
Material
Type
Application
Region
|
|
Regional scope
|
Java,
Sumatra, Kalimantan, Sulawesi and Others.
|
|
Key companies profiled
|
PT. Satya Langgeng Sentosa (Roman
Ceramics), PT. Platinum Ceramics Industry, PT Muliakeramik Indahraya, Niro
Ceramics Indonesia, PT Arwana Citramulia TBK, PT. Pusaka Marmer Indahraya
(Pumarin), PT Golden Stone Indonesia, PT Kuda Laut Mas (Mass Group), Pt. Eleganza
Tile Indonesia, Sinar Batu Alam
|
|
Customization scope
|
10%
free report customization with purchase. Addition or alteration to country,
regional & segment scope.
|
|
Pricing and purchase options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase options
|
|
Delivery Format
|
PDF and Excel
through Email (We can also provide the editable version of the report in
PPT/Word format on special request)
|
Report
Scope:
In this report,
the Indonesia tiles market has been segmented into following categories, in
addition to the industry trends which have also been detailed below:
- Indonesia Tiles Market, By
Material:
o
Ceramic
Tiles
o
Natural
Stone Tiles
o
Mosaic
Tiles
- Indonesia Tiles Market, By Type:
o
Floor
Tiles
o
Wall
Tiles
o
Others
- Indonesia Tiles Market, By
Application:
o New Residential Buildings
o Others
- Indonesia Tiles Market, By Region:
o
Java
o
Sumatra
o
Kalimantan
o
Sulawesi
o
Others
Competitive
Landscape
Company
Profiles: Detailed
analysis of the major companies present in the Indonesia tiles market.
Available
Customizations:
Indonesia tiles
market with the given market data, TechSci Research offers customizations
according to a company’s specific needs. The following customization options
are available for the report:
Company
Information
- Detailed analysis and profiling of
additional market players (up to five).
Indonesia
tiles market is an upcoming report to be released soon. If you wish an early
delivery of this report or want to confirm the date of release, please contact
us at
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