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Indonesia Construction Equipment Rental Market Size & Insights

According to MarkNtel Advisors study The future of Indonesia Construction Equipment Rental Market  size is valued at USD 389.6 million in 2024 and is projected to reach USD 599.26 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 7.44% during the forecast period, i.e., 2025-30. 

What are the Key Driver in the Indonesia Construction Equipment Rental Market?

Rising Construction of Buildings & Infrastructures – An upsurge in population & the rising number of tourists resulted in an increase in the construction of residential buildings & hotels in Indonesia, which has supplemented the demand for construction rental equipment across the region during the historical period. The construction industry requires a wide range of equipment for different purposes such as lighting, earthmoving, access, etc. Thus, due to the high acquisition & maintenance expenses, it becomes difficult for construction companies &…

Indonesia Construction Equipment Rental Market Size & Insights

According to MarkNtel Advisors study The future of Indonesia Construction Equipment Rental Market  size is valued at USD 389.6 million in 2024 and is projected to reach USD 599.26 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 7.44% during the forecast period, i.e., 2025-30. 

What are the Key Driver in the Indonesia Construction Equipment Rental Market?

Rising Construction of Buildings & Infrastructures – An upsurge in population & the rising number of tourists resulted in an increase in the construction of residential buildings & hotels in Indonesia, which has supplemented the demand for construction rental equipment across the region during the historical period. The construction industry requires a wide range of equipment for different purposes such as lighting, earthmoving, access, etc. Thus, due to the high acquisition & maintenance expenses, it becomes difficult for construction companies &…

GCC Water-based Paints Market Size & Insights

According to MarkNtel Advisors study The future of GCC Water-based Paints Market  size is valued at USD 9.98 billion in 2024 and is projected to reach USD 14.11 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 5.94% during the forecast period, i.e., 2025-30. 

What are the Key Driver in the GCC Water-based Paints Market?

Rising Demand for Water-based Paints in Wooden Furniture – The increasing demand for Water-based paints in the market is primarily driven by their rising utilization in wooden furniture. This preference can be attributed to the reduced odor and quick-drying properties of these paints, making them favorable for furniture manufacturers. Additionally, the governments of the GCC countries are focusing on increasing their economic sustainability with the development of the service sector and industrial facilities. This is leading to a rise in the development of a…

The GCC Luxury Residential Real Estate Market size was valued at around USD 176.29 billion in 2024 and is projected to reach USD 215 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 2.98% during the forecast period, i.e., 2025-30. According to MarkNtel Advisors Study.

GCC Luxury Residential Real Estate Market Driver:

Tax Benefits Attracting a High Number of Investors – The tax benefits available in this region are the main factors that attract a lot of local and foreign people to invest in luxury properties in this region. There are no taxes involved in buying a property or any yearly charges in the UAE, Qatar, Kuwait, and Oman. In Saudi Arabia and Bahrain, buyers are free from annual taxes, but they have to pay taxes for transferring the properties to themselves. This tax is only around 2% in Bahrain and 5% in Saudi Arabia. As…