Southeast Asia Coated Fabrics for Defense Market to Hit USD 187 Mil lion by 2032, Growing at 4.2% CAGR from 2025
Southeast Asia Coated Fabrics for Defense Market is valued at US$ 134 million in 2024 and is projected to reach US$ 178 million by 2030, growing at a steady CAGR of 4.9%. This growth reflects rising geopolitical tensions and increased military modernization budgets across ASEAN nations, particularly in Indonesia, Singapore, and Vietnam where defense procurement initiatives are accelerating.