Retail Market in Indonesia 2024-2028

The retail market in Indonesia is forecasted to grow by USD 49.56 bn during 2023-2028, accelerating at a CAGR of 4.73% during the forecast period. The report on the retail market in Indonesia provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by expansion of retail landscape, growing popularity of private-label brands, and rising prominence of in-store bakeries.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	4.38%
CAGR	4.73%
Incremental Value	$49.56bn

Technavio's retail market in Indonesia is segmented as below:

By Distribution Channel

Offline
Online

By Product

Food and beverages
Electrical and electronics
Apparel and footwear
Home improvement and household products
Others

This study identifies the growing preference for local brands as one of the prime reasons driving the retail market in Indonesia growth during the next few years. Also, growth in e-commerce and rising market activities by retailers will lead to sizable demand in the market.

The report on the retail market in Indonesia covers the following areas:

Retail market in Indonesia sizing
Retail market in Indonesia forecast
Retail market in Indonesia industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading retail market in Indonesia vendors that include Adidas AG, Apple Inc., Authentic Brands Group LLC, Decathlon SA, Inter IKEA Holding BV, Levi Strauss and Co., LG Electronics Inc., Marks and Spencer Group plc, Nike Inc., Panasonic Holdings Corp., PT FUJITA Indonesia, PT Hino Motors Manufacturing Indonesia, PT Siantar Top Tbk, PT Sumber Alfaria Trijaya Tbk, PT. Indomarco Prismatama, PT Mitra Adiperkasa Tbk, PT Ramayana Lestari Sentosa Tbk, PT. SGMW Motor Indonesia, Samsung Electronics Co. Ltd., and Sony Group Corp.. Also, the retail market in Indonesia analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR46507

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
Exhibit 06: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 07: Parent market
Exhibit 08: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 09: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 10: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 11: Chart on Indonesia - Market size and forecast 2023-2028 ($ billion)
Exhibit 12: Data Table on Indonesia - Market size and forecast 2023-2028 ($ billion)
Exhibit 13: Chart on Indonesia: Year-over-year growth 2023-2028 (%)
Exhibit 14: Data Table on Indonesia: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Retail market in Indonesia 2018 - 2022
Exhibit 15: Historic Market Size - Data Table on retail market in Indonesia 2018 - 2022 ($ billion)
4.2 Distribution Channel Segment Analysis 2018 - 2022
Exhibit 16: Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ billion)
4.3 Product Segment Analysis 2018 - 2022
Exhibit 17: Historic Market Size - Product Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 18: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 19: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 20: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 21: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 22: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 23: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 24: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Distribution Channel

6.1 Market segments
Exhibit 25: Chart on Distribution Channel - Market share 2023-2028 (%)
Exhibit 26: Data Table on Distribution Channel - Market share 2023-2028 (%)
6.2 Comparison by Distribution Channel
Exhibit 27: Chart on Comparison by Distribution Channel
Exhibit 28: Data Table on Comparison by Distribution Channel
6.3 Offline - Market size and forecast 2023-2028
Exhibit 29: Chart on Offline - Market size and forecast 2023-2028 ($ billion)
Exhibit 30: Data Table on Offline - Market size and forecast 2023-2028 ($ billion)
Exhibit 31: Chart on Offline - Year-over-year growth 2023-2028 (%)
Exhibit 32: Data Table on Offline - Year-over-year growth 2023-2028 (%)
6.4 Online - Market size and forecast 2023-2028
Exhibit 33: Chart on Online - Market size and forecast 2023-2028 ($ billion)
Exhibit 34: Data Table on Online - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Chart on Online - Year-over-year growth 2023-2028 (%)
Exhibit 36: Data Table on Online - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Distribution Channel
Exhibit 37: Market opportunity by Distribution Channel ($ billion)
Exhibit 38: Data Table on Market opportunity by Distribution Channel ($ billion)

7 Market Segmentation by Product

7.1 Market segments
Exhibit 39: Chart on Product - Market share 2023-2028 (%)
Exhibit 40: Data Table on Product - Market share 2023-2028 (%)
7.2 Comparison by Product
Exhibit 41: Chart on Comparison by Product
Exhibit 42: Data Table on Comparison by Product
7.3 Food and beverages - Market size and forecast 2023-2028
Exhibit 43: Chart on Food and beverages - Market size and forecast 2023-2028 ($ billion)
Exhibit 44: Data Table on Food and beverages - Market size and forecast 2023-2028 ($ billion)
Exhibit 45: Chart on Food and beverages - Year-over-year growth 2023-2028 (%)
Exhibit 46: Data Table on Food and beverages - Year-over-year growth 2023-2028 (%)
7.4 Electrical and electronics - Market size and forecast 2023-2028
Exhibit 47: Chart on Electrical and electronics - Market size and forecast 2023-2028 ($ billion)
Exhibit 48: Data Table on Electrical and electronics - Market size and forecast 2023-2028 ($ billion)
Exhibit 49: Chart on Electrical and electronics - Year-over-year growth 2023-2028 (%)
Exhibit 50: Data Table on Electrical and electronics - Year-over-year growth 2023-2028 (%)
7.5 Apparel and footwear - Market size and forecast 2023-2028
Exhibit 51: Chart on Apparel and footwear - Market size and forecast 2023-2028 ($ billion)
Exhibit 52: Data Table on Apparel and footwear - Market size and forecast 2023-2028 ($ billion)
Exhibit 53: Chart on Apparel and footwear - Year-over-year growth 2023-2028 (%)
Exhibit 54: Data Table on Apparel and footwear - Year-over-year growth 2023-2028 (%)
7.6 Home improvement and household products - Market size and forecast 2023-2028
Exhibit 55: Chart on Home improvement and household products - Market size and forecast 2023-2028 ($ billion)
Exhibit 56: Data Table on Home improvement and household products - Market size and forecast 2023-2028 ($ billion)
Exhibit 57: Chart on Home improvement and household products - Year-over-year growth 2023-2028 (%)
Exhibit 58: Data Table on Home improvement and household products - Year-over-year growth 2023-2028 (%)
7.7 Others - Market size and forecast 2023-2028
Exhibit 59: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 60: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 61: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 62: Data Table on Others - Year-over-year growth 2023-2028 (%)
7.8 Market opportunity by Product
Exhibit 63: Market opportunity by Product ($ billion)
Exhibit 64: Data Table on Market opportunity by Product ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 65: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Drivers, Challenges, and Trends

9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Exhibit 66: Impact of drivers and challenges in 2023 and 2028
9.4 Market trends

10 Vendor Landscape

10.1 Overview
10.2 Vendor landscape
Exhibit 67: Overview on Criticality of inputs and Factors of differentiation
10.3 Landscape disruption
Exhibit 68: Overview on factors of disruption
10.4 Industry risks
Exhibit 69: Impact of key risks on business

11 Vendor Analysis

11.1 Vendors covered
Exhibit 70: Vendors covered
11.2 Market positioning of vendors
Exhibit 71: Matrix on vendor position and classification
11.3 Adidas AG
Exhibit 72: Adidas AG - Overview
Exhibit 73: Adidas AG - Business segments
Exhibit 74: Adidas AG - Key news
Exhibit 75: Adidas AG - Key offerings
Exhibit 76: Adidas AG - Segment focus
11.4 Apple Inc.
Exhibit 77: Apple Inc. - Overview
Exhibit 78: Apple Inc. - Business segments
Exhibit 79: Apple Inc. - Key news
Exhibit 80: Apple Inc. - Key offerings
Exhibit 81: Apple Inc. - Segment focus
11.5 Authentic Brands Group LLC
Exhibit 82: Authentic Brands Group LLC - Overview
Exhibit 83: Authentic Brands Group LLC - Product / Service
Exhibit 84: Authentic Brands Group LLC - Key offerings
11.6 Decathlon SA
Exhibit 85: Decathlon SA - Overview
Exhibit 86: Decathlon SA - Product / Service
Exhibit 87: Decathlon SA - Key offerings
11.7 Inter IKEA Holding BV
Exhibit 88: Inter IKEA Holding BV - Overview
Exhibit 89: Inter IKEA Holding BV - Product / Service
Exhibit 90: Inter IKEA Holding BV - Key news
Exhibit 91: Inter IKEA Holding BV - Key offerings
11.8 Levi Strauss and Co.
Exhibit 92: Levi Strauss and Co. - Overview
Exhibit 93: Levi Strauss and Co. - Business segments
Exhibit 94: Levi Strauss and Co. - Key news
Exhibit 95: Levi Strauss and Co. - Key offerings
Exhibit 96: Levi Strauss and Co. - Segment focus
11.9 LG Electronics Inc.
Exhibit 97: LG Electronics Inc. - Overview
Exhibit 98: LG Electronics Inc. - Product / Service
Exhibit 99: LG Electronics Inc. - Key offerings
11.10 Marks and Spencer Group plc
Exhibit 100: Marks and Spencer Group plc - Overview
Exhibit 101: Marks and Spencer Group plc - Business segments
Exhibit 102: Marks and Spencer Group plc - Key offerings
Exhibit 103: Marks and Spencer Group plc - Segment focus
11.11 Nike Inc.
Exhibit 104: Nike Inc. - Overview
Exhibit 105: Nike Inc. - Business segments
Exhibit 106: Nike Inc. - Key news
Exhibit 107: Nike Inc. - Key offerings
Exhibit 108: Nike Inc. - Segment focus
11.12 Panasonic Holdings Corp.
Exhibit 109: Panasonic Holdings Corp. - Overview
Exhibit 110: Panasonic Holdings Corp. - Business segments
Exhibit 111: Panasonic Holdings Corp. - Key news
Exhibit 112: Panasonic Holdings Corp. - Key offerings
Exhibit 113: Panasonic Holdings Corp. - Segment focus
11.13 PT Siantar Top Tbk
Exhibit 114: PT Siantar Top Tbk - Overview
Exhibit 115: PT Siantar Top Tbk - Business segments
Exhibit 116: PT Siantar Top Tbk - Key offerings
Exhibit 117: PT Siantar Top Tbk - Segment focus
11.14 PT Sumber Alfaria Trijaya Tbk
Exhibit 118: PT Sumber Alfaria Trijaya Tbk - Overview
Exhibit 119: PT Sumber Alfaria Trijaya Tbk - Business segments
Exhibit 120: PT Sumber Alfaria Trijaya Tbk - Key offerings
Exhibit 121: PT Sumber Alfaria Trijaya Tbk - Segment focus
11.15 PT. SGMW Motor Indonesia
Exhibit 122: PT. SGMW Motor Indonesia - Overview
Exhibit 123: PT. SGMW Motor Indonesia - Product / Service
Exhibit 124: PT. SGMW Motor Indonesia - Key offerings
11.16 Samsung Electronics Co. Ltd.
Exhibit 125: Samsung Electronics Co. Ltd. - Overview
Exhibit 126: Samsung Electronics Co. Ltd. - Business segments
Exhibit 127: Samsung Electronics Co. Ltd. - Key news
Exhibit 128: Samsung Electronics Co. Ltd. - Key offerings
Exhibit 129: Samsung Electronics Co. Ltd. - Segment focus
11.17 Sony Group Corp.
Exhibit 130: Sony Group Corp. - Overview
Exhibit 131: Sony Group Corp. - Business segments
Exhibit 132: Sony Group Corp. - Key news
Exhibit 133: Sony Group Corp. - Key offerings
Exhibit 134: Sony Group Corp. - Segment focus

12 Appendix

12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Exhibit 135: Inclusions checklist
Exhibit 136: Exclusions checklist
12.3 Currency conversion rates for US$
Exhibit 137: Currency conversion rates for US$
12.4 Research methodology
Exhibit 138: Research methodology
Exhibit 139: Validation techniques employed for market sizing
Exhibit 140: Information sources
12.5 List of abbreviations
Exhibit 141: List of abbreviations