Indonesia Industrial Fasteners Market Size & Outlook
Indonesia industrial fasteners market, 2018-2030 (US$M)
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Indonesia industrial fasteners market highlights
- The Indonesia industrial fasteners market generated a revenue of USD 1,256.3 million in 2022 and is expected to reach USD 2,126.9 million by 2030.
- The Indonesia market is expected to grow at a CAGR of 6.8% from 2023 to 2030.
- In terms of segment, metal was the largest revenue generating raw material in 2022.
- Plastic is the most lucrative raw material segment registering the fastest growth during the forecast period.
Industrial fasteners market data book summary
| Market revenue in 2022 | USD 1,256.3 million |
| Market revenue in 2030 | USD 2,126.9 million |
| Growth rate | 6.8% (CAGR from 2022 to 2030) |
| Largest segment | Metal |
| Fastest growing segment | Plastic |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Metal, Plastic |
| Key market players worldwide | Wurth Group, Lisi SA, Nifco Inc, Illinois Tool Works Inc, Stanley Black & Decker, Berkshire Hathaway Inc Class A, Arconic, Acument Global Technologies, ATF, MW Industries, Birmingham Fastener, Elgin Fastener Group, Rockford Fastener, Slidematic Products, Manufacturers Associates, Eastwood Manufacturing, Brunner Manufacturing, Penn Engineering, EJOT, KOVA Fasteners |
Other key industry trends
- In terms of revenue, Indonesia accounted for 1.4% of the global industrial fasteners market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China industrial fasteners market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 7,017.2 million by 2030.
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Industrial Fasteners Market Scope
Industrial Fasteners Market Companies
| Name | Profile | # Employees | HQ | Website |
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Indonesia industrial fasteners market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to industrial fasteners market will help companies and investors design strategic landscapes.
Metal was the largest segment with a revenue share of 93.57% in 2022. Horizon Databook has segmented the Indonesia industrial fasteners market based on metal, plastic covering the revenue growth of each sub-segment from 2018 to 2030.
Indonesia is one of the major fastener importers with key imports coming from countries such as Thailand, Taiwan, Japan, and Singapore. Japan has been the major fastener supplier for the country followed by Singapore.
Japanese players have invested in a majority of companies in Indonesia. As a result, a number of fasteners manufactured in Indonesia are shipped to Japan for the assembly of machine parts. Thus, Japan has emerged as the largest fasteners exporting destination for the country.
The country also exports fasteners to European countries such as the Netherlands, Belgium, and Germany. The country relies on Chinese fastener manufacturers owing to the lower pricing offered by them, whereas companies seek imports from Taiwanese fastener manufacturers for application-specific and technologically advanced products.
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Our clientele includes a mix of industrial fasteners market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Indonesia industrial fasteners market , including forecasts for subscribers. This country databook contains high-level insights into Indonesia industrial fasteners market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Indonesia industrial fasteners market size, by raw material, 2018-2030 (US$M)
Indonesia Industrial Fasteners Market Outlook Share, 2022 & 2030 (US$M)
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