Footwear is set to recover to pre-pandemic levels of volume sales in 2023, slightly later than previously anticipated thanks to high inflation in 2022 as prices in gas, taxes and commodities keep on rising. Multiple pairs of footwear items are not generally considered to be primary needs in terms of replacement purchases for adults, so in times of economic uncertainty growth is slightly slowed.
Consumer trends that were accelerated by the pandemic remain important for growth in apparel and footwear. Therefore, anything related to social media and entertainment is seen as an opportunity which players can look to tap into.
In 2022 MAP Aktif Adiperkasa Tbk. PT (MAPA) recorded robust growth thanks to a combination of factors.
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Understand the latest market trends and future growth opportunities for the Footwear 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 Footwear 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.
This is the aggregation of children's footwear, men's footwear and women's footwear. Includes all men’s, women’s and children’s outdoor and indoor shoes made of materials as leather, fabric or plastic. Outdoor shoes includes all dress shoes, trainers, sports shoes, sandals, boots, pumps, and high heels. Indoor shoes includes house-shoes and slippers. Items must be new when sold to the consumer; second-hand/used footwear is excluded. Antique and/or vintage footwear is also excluded. Sports footwear (broken out as a separate category) is included in total footwear figure. One pair of footwear constitutes one volume unit.See All of Our Definitions
This report originates from Passport, our Footwear research and analysis database.
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