Market revenue in 2023 | USD 1,638.9 million |
Market revenue in 2030 | USD 2,954.6 million |
Growth rate | 8.8% (CAGR from 2023 to 2030) |
Largest segment | Terracotta |
Fastest growing segment | Metal |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Fiber Cement, Composite Material, Metal, High Pressure Laminates, Terracotta, Ceramic, Other Raw Materials |
Key market players worldwide | Kingspan Group PLC, Compagnie de Saint-Gobain SA, Rockwool AS Class B, Fundermax, Nucor Corp, Dow Building Solutions, CAREA, CGL Systems, EcoEarth solutions, OmniMax International, Middle East Insulation |
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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 rainscreen cladding market will help companies and investors design strategic landscapes.
Terracotta was the largest segment with a revenue share of 39.2% in 2023. Horizon Databook has segmented the Indonesia rainscreen cladding market based on fiber cement, composite material, metal, high pressure laminates, terracotta, ceramic, other raw materials covering the revenue growth of each sub-segment from 2018 to 2030.
Building & construction industry in Indonesia is expected to be driven by factors such as growing population, substantial infrastructural investments, and rapid urbanization, resulting in an unprecedented growth of rainscreen cladding market.
A deficit of 20 million homes in Indonesia is expected to offer a lucrative opportunity for the growth of residential construction sector in the country, thereby leading to a robust increase in the product demand over the forecast period. Moreover, the launch of the One Million Houses Program is projected to boost residential construction sector over the forecast period, consequently propelling the product demand.
The highest ratio of investments in construction sector is expected to benefit the growth of rainscreen cladding market over the forecast period. Increasing investments are expected to encourage the players in construction industry to expand their business and gain profits from the expanding economic activities in the country.
Horizon Databook provides a detailed overview of country-level data and insights on the Indonesia rainscreen cladding market , including forecasts for subscribers. This country databook contains high-level insights into Indonesia rainscreen cladding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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