Since its launch in 2003, the event has gained huge international status, with international exhibitors now accounting for almost half of the total exhibiting companies.
Attracting 55,000 key buyers every year, IndoBuildTech Expo is recognized as the key platform for entering this thriving South East Asian market.
The Asian construction market is now the single largest regional market in the world, accounting for approximately 40% of the total global construction spending.
Indonesia’s construction spending accounts for more than a quarter of the nation’s GDP, reaching USD 183.8 billion average in last 5 years.
The Nation’s GDP growth is forecasted to be 7% for 2022-2023
Indonesia is the 4th most populated country in the world and is set to become the 7th largest economy by 2030.
Building Material & Interior Industry Outlook 2022
As a key sector for recovering the nation’s economic growth, the Infrastructure Development pushes forward the demand of every construction, development, and technological advancements of Building Material & Interior industry’s movement towards every other sectors. As of our nation’s big plan to recover and re-establish the prioritized developments of each focus areas.
Here is the data showing of how the demands can be mapped into several focus areas of Indonesia’s Infrastructure Development Priority for 2021-2022 and beyond.
Building Material & Construction
Building Interior & Finishes
Ceramic & Marbles
Intelligent Building & Digital Architecture
HVACR & Solar Technologies