Indonesia Plastic Pipes Market Outlook to 2027
The report provides a comprehensive analysis of the potential of Indonesia Plastic Pipes industry in Indonesia. The report covers an overview and genesis of the industry, market size in terms of revenue generated.
Its market segmentations include: by types of plastic pipes, by type of PV pipes, by market structure, by domestic sales/ export, by types of PE pipes and by type of end-users; growth enablers and drivers; challenges and bottlenecks; adoption trends; regulatory framework; end-user analysis, industry analysis, competitive landscape including competition scenario and market shares of major players. The report concludes with future market projections of each market segmentation and analyst recommendations.
Market Overview:
According to Ken Research estimates, the Indonesia Plastic Pipes Market – which grew from approximately 5.1% in 2017 to 2022 – is forecasted to grow further into 7.3% opportunity in 2022 to 2027, owing to increase in construction, manufacturing, and industrialization.
Industrial and Mining sector is expected to have a significant share because the Minister of Industry is focusing on down streaming Indonesia’s raw commodities which is expected to increase the nation’s export capabilities and ability to compete in the international market.
Electricity sector have high growth potential in future because the government is aiming to diversify and invest in its electricity sector to fulfill the rising demand in the country.
Key Trends by Market Segment:
By Market Structure: Organized sector has highest market share owing to better regulatory compliances. Majority of organized companies are located in Jakarta. This is primarily due to larger population and availability of distributors.
By Type of PE Pipes: HDPE pipes hold highest share in Indonesia Plastic Pipes Market in 2022 owning to its extensive application in several industries such as the packaging industry, textile industry among others due to its chemical and corrosion resistance.
Competitive Landscape
Future Outlook
The Indonesian plastic pipe market is expected to have a robust CAGR from 2022 to 2027, due to an increase in construction, manufacturing, and industrialization across Nusantara, and the relocation of Indonesia's capital city from Jakarta. Additionally, Indonesia will begin the construction of 184 apartment blocks in its first stage of development plan for the establishment of new capital Nusantara and will aim of having an initial population of 500,000 people. The shifting of capital is taking place because Jakarta has reported extreme land subsidence for decades and is at risk from rising sea levels as two-fifths of the city is below sea level.
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