www.nipponpaint-holdings.com/ir/assets/files/name/annual_report2024/report2024_051-061_jp.pdf

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建築用塗料市場の概況 2024

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https://www.nipponpaint-holdings.com/ir/assets/files/name/annual_report2024/report2024_051-061_jp.pdf

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This document outlines the current state and growth forecasts of the architectural paint market in Indonesia. In 2023, the economic growth rate reached 5.05%, with a rapid expansion of the middle-income class. PT Nipsea has established a competitive advantage in the market by offering a range of products from low to high price points, leveraging its brand strength. In the economy segment, price sensitivity is crucial, and the company provides products that balance quality and cost-effectiveness for consumers. Additionally, in the premium market, PT Nipsea focuses on high functionality and environmental considerations while enhancing customer service. The market is expected to continue growing due to increased infrastructure investments.