Indonesia

Charge cards saw a fairly stagnant current value performance in 2019. The trend within charge cards was in line with the trend in credit cards, but with growth at a lower level. The presence of financial technology (fintech) players was one reason, ...

Several factors contributed to the healthy growth of pre-paid cards in 2019, in terms of both cards in circulation and current value transactions. The rise of pre-paid cards was triggered mainly by the rapid growth of open loop pre-paid cards. This ...

Growth was seen by all measures in debit cards in 2019, although it should be noted that there are no commercial debit cards in Indonesia, so all growth is attributed to personal credit cards. The population increasingly sees the convenience and ...

Although some of the main players recorded double-digit growth in the number of credit cards in circulation in 2019, overall growth was negligible. One of the main reasons was a government regulation that was implemented in recent years, whereby ...

Financial cards and payments continued to see strong growth in 2019 in terms of both financial cards in circulation, and volume and current value transactions. From 2016 to early 2018, monetary policies were firmly directed to safeguard and recover ...

There were no store cards operating in Indonesia at the end of the review period, and there are currently no expectations of any such financial cards entering the market over the forecast period. It is expected Indonesians will prefer to use regular ...

Indonesia was one of the countries that experienced the most consistent growth rates amongst global economies over the last few years. It is a populous country with a young and expanding population, which are key factors in the rising level of ...

There is a significant relationship between growth in credit and economic growth. In 2019, economic growth stimulated investment and increased demand for lending, encouraging consumption and increasing demand. Both mortgages and consumer credit ...

Amid the unfavourable economic climate in the country in 2018, lower-income consumers attempted to tighten their budgets for many products, ranging from food, beverages and even personal care and home care. They aimed to consume smaller amounts of ...

With strong growth being seen in travelling, consumers are looking for more travel-size products in beauty and personal care. Although modern consumers tend to routinely apply more skin care products, which means they need to carry more skin care ...

Driven by China and India, Asia’s developing economies saw healthy rates of growth in 2018. Japan’s economic prospects are less favourable however. Too many of Asia’s economies are excessively dependent on exports and large inflows of foreign ...

Demand for topical analgesics products continued to rise in 2019 as the trend towards engaging in sports and other strenuous physical exercise has been increasing and Indonesians are taking more topical analgesics to alleviate sore muscles and muscle...

Coughs, colds, and hay fever have always commonly occurred during changing weather conditions in tropical countries like Indonesia, and the increasing instability of the weather due to global warming has only been exacerbating these health issues, ...

Topical antifungals posted stable, small growth but continued to account for the largest value share within dermatologicals in 2019. Indonesia’s tropical climate with its high humidity makes rashes and scabies quite common in the country, ...

Combination dietary supplements continued to see the highest value growth in 2019. Those that help support the immune system are becoming more popular as Indonesians are becoming more mobile, their work is intensifying and they increasingly need more...

Indonesian food may not be the most highly spiced cuisine among the cuisines for which many Asia Pacific countries are noted, but much of the country’s food can nevertheless be extremely hot. Indonesians continue to enjoy a range of dishes that ...

Many consumers are suffering from eye ailments related to dust and pollution in Indonesia, as the country is among the most rapidly developing countries in Southeast Asia and is increasingly suffering from a range of environmental problems. Moreover,...

Herbal/traditional products continues to see strong growth in Indonesia. Cough, cold and allergy (hay fever remedies) saw the highest growth in 2019, followed by digestive remedies and dietary supplements. However, herbal products best able to ...

NRT smoking cessation aids sales remain negligible in Indonesia, with there being no likelihood of this situation changing over the forecast period....

In Indonesia, all categories of consumer health saw strong growth in 2019, with continued demand for OTC and herbal/traditional products. Much of the demand was driven by Indonesia’s increasingly unstable weather conditions caused by global warming ...