Sports & Swimwear - Indonesia

  • Indonesia
  • In 2024, the Sports & Swimwear market in Indonesia generated a revenue of US$512.60m.
  • It is projected to have an annual growth rate of 4.29% from 2024 to 2029 (CAGR 2024-2029).
  • When compared to the global market, in the United States leads in revenue generation, with US$43,110m in 2024.
  • In terms of per capita figures, the revenue per person in Indonesia's Sports & Swimwear market is expected to reach US$1.83 in 2024.
  • Looking ahead to 2029, the volume of the Sports & Swimwear market is projected to reach 29.3m pieces.
  • In 2025, there is expected to be a slight volume growth of 0.4%.
  • On average, each person in Indonesia is anticipated to contribute a volume of 0.1pieces in the Sports & Swimwear market in 2024.
  • Indonesia's growing middle class and interest in outdoor activities drive the demand for high-quality sports and swimwear.

Key regions: Singapore, Australia, Germany, Malaysia, United States

 
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Methodology

Data coverage:

Data encompasses B2C enterprises. Figures are based on the consumer spending on clothing which comprises women, men, and children segments that are produced for private end customers for both offline retail (department stores, traditional specialist shops) and online retail (e-commerce, ordering by catalog).

Modeling approach / Market size:

Market sizes are determined by a combined Top-Down and Bottom-Up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use resources from the Statista platform, national statistics, industry research, market data from independent databases and third-party sources, historical developments, current trends, reported performance indicators from the key market players, and Statista interviews with market experts. Next we use relevant key market indicators and data from country-specific associations such as GDP, consumer spending, consumer price index and population. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, the exponential trend smoothing illustrates suited forecasting for the Apparel market with projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional Notes :

The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.

Overview

  • Revenue
  • Sales Channels
  • Volume
  • Price
  • Key Players
  • Global Comparison
  • Methodology
  • Key Market Indicators
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