Footwear and apparel specialists are expected to make a strong recovery during the forecast period, with current value sales predicted to return to pre-pandemic levels as early as 2023. Growth will be boosted by an increase in purchasing power, thanks to the post-COVID-19 reopening of the economy.
Formal and occasion-based wear are set to be the most negatively affected apparel categories in Indonesia in the coming years. In addition to the ongoing economic impact of the COVID-19 crisis, which will affect consumers’ willingness to splash out on higher value products, the shift to working from home is likely to have a lasting effect on demand for formal clothing.
The number of outlets within this category is expected to experience slow growth during the forecast period, with competition from the e-commerce channel being the main reason for this trend. The costs associated with bricks-and-mortar outlets, including rental and service charges, will also represent a significant burden for store-based players, going forward.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Apparel and Footwear Specialists industry in Indonesia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Apparel and Footwear Specialists industry in Indonesia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Apparel and footwear specialists are chained or independent retail outlets with a primary focus on selling one or more of the following categories: clothing, footwear, and/or fashion accessories (costume jewellery, sunglasses, belts, hats, gloves, handbags, scarves, etc.). Apparel specialists include specialty apparel like wedding dress shops. Example brands include Primark, TJ Maxx, and Zara. Sportswear retailers, such as Adidas and Nike, are excluded from this channel and are included in Sports Goods Stores; this is due to the companies considering themselves sports companies as opposed to apparel companies.
See All of Our DefinitionsThis report originates from Passport, our Apparel and Footwear Specialists research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!