The market is dominated by foreign suppliers, as imports account for 55.6% of total market size in 2023. B2B drives market demand, with B2B spending representing 76.9% of total demand in 2023. Indonesia has the eighth largest market size for electric lamps and lighting equipment regionally, with demand reaching USD879 million in 2023. Panasonic Lighting Indonesia Pt is the largest company in Indonesia, generating 32.1% of the industry’s total production value in 2023. The industry is concentrated, with the top five companies generating 88.3% of total production value in 2023. The total number of companies increases in 2023, to 87 units. The costs of the industry increase by 2.3% in 2023, largely driven by rising labour costs. The industry’s profitability increases and stands at 35.9% of production value in 2023, the second highest regionally. The industry’s exports share decreases in 2023 to 18.4% of total production output. With production value of USD399 million, Indonesia accounts for 0.3% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Electric Lamps and Lighting Equipment in Indonesia: ISIC 315. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Electric Lamps and Lighting Equipment in Indonesia: ISIC 315 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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