Luxury Goods in Indonesia

Luxury Goods in Indonesia

EXECUTIVE SUMMARY

Despite challenges luxury goods remains on an upward trajectory in Indonesia

Tax reforms impacting sales of premium and luxury cars

International brands remain dominant in luxury goods in Indonesia

Internet retailing benefits from new sales platforms

A bright future predicted for luxury goods in Indonesia

MARKET INDICATORS

Table 1 Number of High Net Worth Individuals (HNWI): 2014-2019

MARKET DATA

Table 2 Sales of Luxury Goods by Category: Value 2014-2019
Table 3 Sales of Luxury Goods by Category: % Value Growth 2014-2019
Table 4 Inbound Receipts for Luxury Goods by Country of Origin: Value 2014-2019
Table 5 NBO Company Shares of Luxury Goods: % Value 2014-2018
Table 6 LBN Brand Shares of Luxury Goods: % Value 2015-2018
Table 7 Distribution of Luxury Goods by Format and Category: % Value 2019
Table 8 Forecast Sales of Luxury Goods by Category: Value 2019-2024
Table 9 Forecast Sales of Luxury Goods by Category: % Value Growth 2019-2024

SOURCES

Summary 1 Research Sources

Designer Apparel and Footwear (Ready-To-Wear) in Indonesia

HEADLINES

PROSPECTS

Luxury streetwear and trainers on trend

Government raises taxes on imported goods

Rental services offer investment potential for designer apparel and footwear (ready-to-wear)

COMPETITIVE LANDSCAPE

Kering benefits from revamp under new creative director

Local brands enter the market with designer footwear

International brands continue to dominate

CATEGORY DATA

Table 10 Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: Value 2014-2019
Table 11 Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: % Value Growth 2014-2019
Table 12 NBO Company Shares of Designer Apparel and Footwear (Ready-to-Wear): % Value 2014-2018
Table 13 LBN Brand Shares of Designer Apparel and Footwear (Ready-to-Wear): % Value 2015-2018
Table 14 Distribution of Designer Apparel and Footwear (Ready-to-Wear) by Format: % Value 2014-2019
Table 15 Forecast Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: Value 2019-2024
Table 16 Forecast Sales of Designer Apparel and Footwear (Ready-to-Wear) by Category: % Value Growth 2019-2024

Experiential Luxury in Indonesia

HEADLINES

PROSPECTS

Next generation of wealthy individuals offers potential for experiential luxury

Staycations trending as a way to unwind and relax

Luxury foodservice yet to establish a presence but potential exists

COMPETITIVE LANDSCAPE

International hotel chains lead experiential luxury

Luxury foodservice players remain absent due to lack of demand

CATEGORY DATA

Table 17 Sales of Experiential Luxury by Category: Value 2014-2019
Table 18 Sales of Experiential Luxury by Category: % Value Growth 2014-2019
Table 19 NBO Company Shares of Experiential Luxury: % Value 2014-2018
Table 20 LBN Brand Shares of Experiential Luxury: % Value 2015-2018
Table 21 Forecast Sales of Experiential Luxury by Category: Value 2019-2024
Table 22 Forecast Sales of Experiential Luxury by Category: % Value Growth 2019-2024

Fine Wines/Champagne and Spirits in Indonesia

HEADLINES

PROSPECTS

With ban on alcohol rejected category looks to bright future

Fine wines on the rise as availability increases

The search for experiences stands to benefit category sales

COMPETITIVE LANDSCAPE

LVMH dominates with portfolio of prestigious Champagne brands

Distribution expanding but internet retailing yet to take off

Education key to the development of fine wines/Champagne and spirits

CATEGORY DATA

Table 23 Sales of Fine Wines/Champagne and Spirits by Category: Value 2014-2019
Table 24 Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2014-2019
Table 25 NBO Company Shares of Fine Wines/Champagne and Spirits: % Value 2014-2018
Table 26 LBN Brand Shares of Fine Wines/Champagne and Spirits: % Value 2015-2018
Table 27 Distribution of Fine Wines/Champagne and Spirits by Format: % Value 2014-2019
Table 28 Forecast Sales of Fine Wines/Champagne and Spirits by Category: Value 2019-2024
Table 29 Forecast Sales of Fine Wines/Champagne and Spirits by Category: % Value Growth 2019-2024

Luxury Eyewear in Indonesia

HEADLINES

PROSPECTS

Eye health key to the development of luxury eyewear

Women’s luxury sunglasses benefits from growing focus on appearance and travel

Social media stars and celebrities help drive brand sales

COMPETITIVE LANDSCAPE

Luxottica retains lead despite mounting competition

Korean brands making headway thanks to rising popularity of K-pop and K-drama

Internet retailing still at a nascent stage for luxury eyewear

CATEGORY DATA

Table 30 Sales of Luxury Eyewear by Category: Value 2014-2019
Table 31 Sales of Luxury Eyewear by Category: % Value Growth 2014-2019
Table 32 NBO Company Shares of Luxury Eyewear: % Value 2014-2018
Table 33 LBN Brand Shares of Luxury Eyewear: % Value 2015-2018
Table 34 Distribution of Luxury Eyewear by Format: % Value 2014-2019
Table 35 Forecast Sales of Luxury Eyewear by Category: Value 2019-2024
Table 36 Forecast Sales of Luxury Eyewear by Category: % Value Growth 2019-2024

Luxury Hotels in Indonesia

HEADLINES

PROSPECTS

Booming tourism industry and government support supports growth

Millennials focus on experiences over shopping

The potential of virgin beaches and exotic islands along with MICE tourism

COMPETITIVE LANDSCAPE

International hotel chains lead luxury hotels

Social media and influencers the marketing tools of the future

Consumers go online in search of the best deals

CATEGORY DATA

Table 37 Sales in Luxury Hotels: Value 2014-2019
Table 38 Sales in Luxury Hotels: % Value Growth 2014-2019
Table 39 Sales in Luxury Hotels by Country of Origin: % Value 2014-2019
Table 40 NBO Company Shares in Luxury Hotels: % Value 2014-2018
Table 41 LBN Brand Shares in Luxury Hotels: % Value 2015-2018
Table 42 Forecast Sales in Luxury Hotels: Value 2019-2024
Table 43 Forecast Sales in Luxury Hotels: % Value Growth 2019-2024

Luxury Jewellery in Indonesia

HEADLINES

PROSPECTS

Opportunities exist within luxury fine jewellery

Local independent jewellers drive sales of luxury jewellery

Luxury costume jewellery offers greater flexibility at more affordable prices

COMPETITIVE LANDSCAPE

International brands dominate

Internet retailing records steady growth in 2019

Suburban development likely to result in more chained jewellery stores opening

CATEGORY DATA

Table 44 Sales of Luxury Jewellery by Category: Value 2014-2019
Table 45 Sales of Luxury Jewellery by Category: % Value Growth 2014-2019
Table 46 NBO Company Shares of Luxury Jewellery: % Value 2014-2018
Table 47 LBN Brand Shares of Luxury Jewellery: % Value 2015-2018
Table 48 Distribution of Luxury Jewellery by Format: % Value 2014-2019
Table 49 Forecast Sales of Luxury Jewellery by Category: Value 2019-2024
Table 50 Forecast Sales of Luxury Jewellery by Category: % Value Growth 2019-2024

Luxury Leather Goods in Indonesia

HEADLINES

PROSPECTS

An expanding consumer base of mid- and high-income women driving growth

Thriving tourism industry drives demand for luxury leather goods

Middle-class consumers drive sales of luxury leather goods

COMPETITIVE LANDSCAPE

Louis Vuitton leads luxury leather goods

New focus on younger consumers sees Gucci making strong gains

International brands dominate but domestic brands making gains

CATEGORY DATA

Table 51 Sales of Luxury Leather Goods: Value 2014-2019
Table 52 Sales of Luxury Leather Goods: % Value Growth 2014-2019
Table 53 NBO Company Shares of Luxury Leather Goods: % Value 2014-2018
Table 54 LBN Brand Shares of Luxury Leather Goods: % Value 2015-2018
Table 55 Distribution of Luxury Leather Goods by Format: % Value 2014-2019
Table 56 Forecast Sales of Luxury Leather Goods: Value 2019-2024
Table 57 Forecast Sales of Luxury Leather Goods: % Value Growth 2019-2024

Luxury Portable Consumer Electronics in Indonesia

PROSPECTS

Category sales all but vanish with the disappearance of Vertu

Growing wealth but lack of demand

Luxury Timepieces in Indonesia

HEADLINES

PROSPECTS

Investment and status key to growth of luxury timepieces

Luxury timepieces less of a priority for women

Increasing competition and widening distribution points to favourable future

COMPETITIVE LANDSCAPE

With high prices and high value materials Cartier leads the way

Rolex benefits from strong status

International brands dominate in status-driven category

CATEGORY DATA

Table 58 Sales of Luxury Timepieces by Category: Value 2014-2019
Table 59 Sales of Luxury Timepieces by Category: % Value Growth 2014-2019
Table 60 NBO Company Shares of Luxury Timepieces: % Value 2014-2018
Table 61 LBN Brand Shares of Luxury Timepieces: % Value 2015-2018
Table 62 Distribution of Luxury Timepieces by Format: % Value 2014-2019
Table 63 Forecast Sales of Luxury Timepieces by Category: Value 2019-2024
Table 64 Forecast Sales of Luxury Timepieces by Category: % Value Growth 2019-2024

Luxury Writing Instruments and Stationery in Indonesia

HEADLINES

PROSPECTS

Gifting a key driver of sales of luxury writing instruments and stationery

In an increasingly digital world luxury writing instruments may become valuable relics

Handwritten messages continue to carry weight in Indonesia

COMPETITIVE LANDSCAPE

Montblanc maintains lead in luxury writing instruments and stationery

Brand profile key but marketing remains limited

Hermès looks to the future with its literary inspired Nautilus range

CATEGORY DATA

Table 65 Sales of Luxury Writing Instruments and Stationery: Value 2014-2019
Table 66 Sales of Luxury Writing Instruments and Stationery: % Value Growth 2014-2019
Table 67 NBO Company Shares of Luxury Writing Instruments and Stationery: % Value 2014-2018
Table 68 LBN Brand Shares of Luxury Writing Instruments and Stationery: % Value 2015-2018
Table 69 Distribution of Luxury Writing Instruments and Stationery by Format: % Value 2014-2019
Table 70 Forecast Sales of Luxury Writing Instruments and Stationery: Value 2019-2024
Table 71 Forecast Sales of Luxury Writing Instruments and Stationery: % Value Growth 2019-2024

Personal Luxury in Indonesia

HEADLINES

PROSPECTS

Strong economy sees women investing more in their appearance

Personal luxury seen as an investment opportunity

Travel-related purchases on the rise

COMPETITIVE LANDSCAPE

International brands dominate with Gucci benefiting from renewed image

Local brands on the rise

More consumers going online as offer expands

CATEGORY DATA

Table 72 Sales of Personal Luxury by Category: Value 2014-2019
Table 73 Sales of Personal Luxury by Category: % Value Growth 2014-2019
Table 74 NBO Company Shares of Personal Luxury: % Value 2014-2018
Table 75 LBN Brand Shares of Personal Luxury: % Value 2015-2018
Table 76 Distribution of Personal Luxury by Format: % Value 2014-2019
Table 77 Forecast Sales of Personal Luxury by Category: Value 2019-2024
Table 78 Forecast Sales of Personal Luxury by Category: % Value Growth 2019-2024

Super Premium Beauty and Personal Care in Indonesia

HEADLINES

PROSPECTS

Working women with more money in the pockets driving growth

Micro loans help fund purchases

‘Share in jar’ trend proving popular

COMPETITIVE LANDSCAPE

Western brands dominate thanks to strong marketing and fashionable image

Japanese and Korean brands make headway in super premium skin care

Celebrities and influencers key to raising a brand’s profile

CATEGORY DATA

Table 79 Sales of Super Premium Beauty and Personal Care by Category: Value 2014-2019
Table 80 Sales of Super Premium Beauty and Personal Care by Category: % Value Growth 2014-2019
Table 81 NBO Company Shares of Super Premium Beauty and Personal Care: % Value 2014-2018
Table 82 LBN Brand Shares of Super Premium Beauty and Personal Care: % Value 2015-2018
Table 83 Distribution of Super Premium Beauty and Personal Care by Format: % Value 2014-2019
Table 84 Forecast Sales of Super Premium Beauty and Personal Care by Category: Value 2019-2024
Table 85 Forecast Sales of Super Premium Beauty and Personal Care by Category: % Value Growth 2019-2024

Premium and Luxury Cars in Indonesia

HEADLINES

PROSPECTS

Government pursues new tax reforms as it looks to cut emissions

General Election sees consumers exercising caution

SUVs becoming popular due to the poor state of the country’s roads

COMPETITIVE LANDSCAPE

BMW benefiting from popularity among Millennials

GAIIKINDO Indonesia International Auto Show

Mercedes-Benz leads sales of luxury cars in Indonesia

CATEGORY DATA

Table 86 Sales of Premium and Luxury Cars: Value 2014-2019
Table 87 Sales of Premium and Luxury Cars: % Value Growth 2014-2019
Table 88 NBO Company Shares of Premium and Luxury Cars: % Value 2014-2018
Table 89 LBN Brand Shares of Premium and Luxury Cars: % Value 2015-2018
Table 90 Forecast Sales of Premium and Luxury Cars: Value 2019-2024
Table 91 Forecast Sales of Premium and Luxury Cars: % Value Growth 2019-2024

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