Inflation has been intensifying in Indonesia, given supply chain constraints, oil price hikes, as well as rising fuel costs. However, manufacturers have remained positive and proved adaptable in retaining the selling price to consumers. At the same time, consumers are also regaining a positive outlook, as indicated by positive retail spending in 2022. Nonetheless, the next year is crucial to consumption growth in Indonesia, with fears of global inflation, and political change in Indonesia as elections are around the corner.
Indonesia is the second largest cigarette market in the world, and is the largest market meaningfully accessible to international companies, given trading restrictions in China. Smoking levels remain high and despite economic and regulatory threats to demand, this remains a key market to watch for tobacco.
Indonesia has seen an increase in Coronavirus (COVID-19) cases since the beginning of the year. Despite cases starting to decrease at the beginning of February, social distancing restrictions are still in place and with consumers staying at home,…
New product development and shifting consumer preference can be observed within the tobacco market in Southeast Asia, driven by initiatives from major international players, as well as the rising price of tobacco products and increasingly stringent…
President Joko Widodo has been re-elected for the 2nd term as President of Indonesia, and with this re-election and continuity in leadership, the government policy is expected to be more stable. This will create a conducive investment climate in…
Frisian Flag Indonesia PT is the largest dairy player in Indonesia, with a 29% retail value share. For years the company has been successful at maintaining its number one position, thanks to strong footprints in the two largest dairy categories in…
Growing health consciousness amongst Indonesian consumers remained the main challenge facing energy drinks players in 2016. To boost volume growth, existing energy drinks players focused their efforts on improving product availability in traditional…
Euromonitor International’s Indonesia Income and Expenditure Country Briefing focuses on one of the key emerging markets with the best middle class potential. In 2016, the country recorded the world’s fourth largest middle class with 19.6 million…
The top five countries by science graduates globally in 2016 were China, the USA, the UK, Indonesia and the Philippines. The juxtaposition of both advanced as well as developing economies in this spectrum reveals an interesting pattern and may even…