Indonesia

Yoghurt continues to grow in popularity among middle and high income urban dwellers, particularly women and children, due to rising health awareness. Yoghurt is being aggressively promoted in the mass-media as offering nutritional benefits and aiding…

With consumers continuing to spend so much time at home since the onset of the COVID-19 pandemic, most have increased their home cooking activities, which has led to a surge in demand for ingredients such as cream. Indeed, some grocery retailers even…

Drinking milk products is expected to perform well in 2021, despite the slowing economy in the wake of the COVID-19 outbreak. Drinking milk products continues to benefit from a healthy image, particularly among mid to higher income consumers.…

Since the COVID-19 outbreak in March 2020, many people have been required to spend long hours at home, thus fuelling interest in baking and cooking. This in turn has been supporting demand for cheese. Processed cheese excluding spreadable is set to…

Butter is expected to have a promising year in 2021 supported by growing demand for home cooking and baking. During large-scale and prolonged periods of social distancing introduced to combat the spread of the virus since March 2020, consumers began…

The COVID-19 pandemic since March 2020 has forced many mothers to stay at or work from home. Consequently, more mothers are breastfeeding their babies, rather than giving them packaged milk formula. In order to support breastfeeding, the Indonesian…

More than one year from the onset of the COVID-19 pandemic, Indonesia’s travel and tourism industry has begun to show some signs of a genuine recovery from the pandemic situation. With the country’s borders still closed to most foreign visitors and…

Faced with a catastrophic drop in tourism flows since the onset of the COVID-19 pandemic, Indonesia’s Ministry of Tourism and Creative Economy (Kemenparekraf) has set the rather ambitious target of 4-7 million inbound arrivals for 2021. With regards…

2021 saw travel intermediaries register a partial rebound in sales after strong declines were registered during 2020. In particular, online travel agencies (OTAs) registered strong sales growth as online options prove the ideal solution for consumers…

Faced with low demand due to the absence of foreign tourists from Indonesia for much of 2021 and 2022, many of the country’s hotels reduced room rates in an effort to stimulate demand and avoid operating profitably during the COVID-19 pandemic. With…

2021 saw car rental (destination) register strong positive growth as the category partially recovered from the negative performance registered during 2020. In particular, very strong growth was recorded via online channels as the emergence of the…

The Indonesian aviation industry continued to face serious challenges at the end of the review period, with demand for tickets low and the financial conditions highly unfavourable for distressed companies. However, there is hope of a swift and full…

Indonesia ranks 79th in the environmental sustainability index, as the country fails to protect endangered species and tropical forests and remains reliant on fossil fuels for energy generation. It also fails to tackle urban air pollution, while poor…

The global 2021 real GDP growth baseline forecast has remained roughly unchanged over the last quarter at 5.8% and real GDP growth of 4.7% in 2022. The stable 2021 global outlook combines major upwards revision to the Eurozone, Brazil and Mexico…

Given the vast potential in terms of population and economic growth, Asia is set to become the backbone of the world’s consumer markets. Over half of global consumer expenditure will originate in the region. As a result, Asia Pacific will attract…

The health and fitness trend from 2020 is continuing into 2021 as an increasing number of consumers in Indonesia become aware of the need to adopt healthy lifestyles. According to Euromonitor International’s Lifestyle Survey 2021, 50% of respondents…

While smartphones and other mobile devices have threatened the sales of most portable players in Indonesia, this trend is not adversely impacting demand for wireless speakers. On the contrary, it is set to bolster the growth of wireless speakers as…

Smartphones is set to record strong positive growth in 2021 following postponed purchases the previous year which ultimately lengthened the average replacement cycle. Demand for smartphones had dropped significantly in the first half of 2020, due to…

As the pandemic continues into 2021, Indonesia has been placed in another lockdown, which is more restrictive than before. While the condition was stable in the first half of the year, the number of virus cases has significantly increased, placing…

In 2021, retail volume sales of digital cameras and digital camcorders are set to continue to decline, although the rate of decline will not be as significant compared to 2020 when the pandemic first hit the country. The emergence of COVID-19…