Very few changes were detected in sales of luxury portable consumer electrics during 2020 and this is a reflection of the tiny size of the category, which remains an insignificant area of luxury goods in Indonesia. After the departure of Vertu from the country in 2017, the availability of luxury portable consumer electronics has been extremely limited.
The availability of luxury portable consumer electronics remains very limited in Indonesia and this is one of the major reasons for very low sales in the category. Indeed, the authorised sale of these items is focused on a handful of retailers located in Jakarta.
There are no expectations that demand for luxury portable consumer electronics will rise about negligible levels during the forecast period. The target consumer audience for these products, very affluent elites and high net worth individuals, remains a group defined by its tiny size.
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Understand the latest market trends and future growth opportunities for the Luxury Portable Consumer Electronics 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 Luxury Portable Consumer Electronics 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 report originates from Passport, our Luxury Portable Consumer Electronics research and analysis database.
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