The growing of automotive and industrial industry in Indonesia are boosting the demand for fasteners across multiple applications. Fastener industry in Indonesia is growing rapidly and worth about USD 2.5 billion with an impressive annual growth rate of 5-7%.
The fastener industry in Indonesia is experiencing strong and consistent growth, with the market valued at approximately USD 1.41 billion in 2024 and projected to reach USD 2.13 billion by 2030. Metal fasteners continue to dominate the market, while plastic fasteners are the fastest-growing segment due to their lightweight and corrosion-resistant material.